The Home Ownership Accelerator mortgage is back. The loan product combines a first-lien line of credit and a full-service checking account. Borrowers make deposits into the loan, reducing the balance on which interest in calculated. The borrower can access their money to buy things with checks, an ATM/debit card or online bill pay. San Ramon, Calif.-based wholesale lender CMG Mortgage said borrowers can save thousands in interest over the life of the loan and is bringing the loan back after its popularity grew in Australia and the UK. CMG Mortgage, a subsidiary of CMG Financial Services, had previously suspended the program because non-agency mortgage investors pulled out of the market. The product will first be offered in California, Washington, Arizona, Colorado, and Minnesota, with other states being added in the future. Write to Austin Kilgore.