This is certainly true with home financing.
America is a good 20 years behind most of the developed world when it comes to mortgage. Oh, we invented the 30 year fixed rate mortgage, making us #1 in the world for home ownership, but now we can look back and clearly see: that has benefited banks and billionaires infinitely more than it has everyday Americans.
But then, around 2007, along came the AIO.
An innovative mortgage bank in California (CMG, led by the brilliant Chris Michael George) developed a revolutionary new mortgage option — the All in One Loan — that provided a brilliant technological breakthrough in the mortgage industry.
Now it’s time to get over the psychological hurdle.