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It's Pretty Simple: Low Overhead + Low Margins = Low Rates! (Don't Overpay For Your Mortgage!)

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It's Pretty Simple: Low Overhead + Low Margins = Low Rates! We average .25-.50% Lower Rates versus the competition with the same or lower fees! 25 years ago, after working for large banks and mortgage banking companies, I figured out how to operate a mortgage company using a business model which allows us to offer ultra-low interest rates for our clients. By receiving Wholesale Interest Rates, and as the sole-owner/loan officer, I personally control our pricing model which keeps our rates very low versus the competition. We have cut out the extra layers of loan officer commissions, advertising costs, office salaries, rent and ancillary expenses and pass these savings on to our clients via lower rates. We also offer Free Rate Hedging, Floatdowns and Relocks which takes away the worry on when to time the rate lock and ensuring the lowest rate at closing. CLICK HERE FOR A QUICK COMPARISON We are extremely aggressive on Jumbo, Conforming and High Balance Fannie Mae/Freddie Mac, Non-Q...
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Why Your Current Loan Servicer or Bank May Not Offer You The Best Rates

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Low Overhead + Low Margins = Low Rates Without question mortgage rates are a very hot topic..   One common question that  I am often asked  is how I can generally offer a lower rate than the homeowner's current lender/servicer (even though I may have originally closed the original loan for the homeowner with this same servicer)? As a wholesale broker I receive wholesale rates which are generally .25%+ lower than what a homeowner's current loan servicer will offer directly as they price rates as "retail" and not "wholesale". Their hope is that the homeowner does not question the fact the loan servicer is only handling the mortgage payments (most of the time Fannie Mae, Freddie Mac, HUD or VA owns or insured the loan) and a  brand new loan  has to be originated on any refinance.  Ironically, I  work directly and receive wholesale rates from a very well known lender that advertises on television, internet and the radio through their retail channel.  ...
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Lock, Floatdown, Relock, Relock....

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  We offer our clients the option to lock their loan at time of application with the ability to Floatdown and Relock during the process with No Cost ensuring the best financing possible at closing.  Contact Us With Any Questions Visit us at  www.McCormickLendingGroup.com Bob McCormick, President   Toll Free 800-328-0144   Email-  McCormickLending@gmail.com 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender
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Portfolio Underwriting Qualifying (Outside of the Box)

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We utilize our same low cost pricing model for these loans as well: "Non-QM" Portfolio Underwriting Options  12 or 24 month bank statement income options Asset Depletion for Income Bank Statement Balance = Loan Amount  Alternative Income (1099 only, employment verification form, ITIN) Debt Service Coverage Ratio (DSCR) P&L Only Foreign National  Credit score as low as 620 Loans up to $4,000,000 Contact Us With Any Questions Visit us at  www.McCormickLendingGroup.com Bob McCormick, President   Toll Free 800-328-0144   Email-  McCormickLending@gmail.com 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender
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2 Minute Quick Quote to Compare

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   Offering our clients Discounted Wholesale Interest Rates for the past 25 Years! Contact me directly for a Quick Quote and Comparison to make sure that you "Don't Overpay For Your Mortgage! Bob McCormick, President Office 800 328-0144 Email McCormickLending@gmail.com "Don't Overpay For Your Mortgage" 14362 N Frank Lloyd Wright #1000 Scottsdale AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach CA 92660 nmls 175743 azmb 0903631 cacfl 603J043 Equal Housing Lender
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New Super Jumbo Loan Options Now Available!

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    If you have any questions please contact me today. Visit us at www.McCormickLendingGroup.com Bob McCormick, President Office 800 328-0144 Email McCormickLending@gmail.com 14362 N. Frank Lloyd Wright Blvd. #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660 "Don't Overpay For Your Mortgage" nmls 175743 azmb 0903631 cacfl 603J043 Equal Housing Lender
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In-House Direct Private Lending Options (Residential and Commercial Properties)

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In-House Direct Private Lending Options  (Residential and Commercial Properties)   Underwritten based on Equity, Lease Agreement(s) and/or Value-Add Only! Loan Amounts $100,000-$5,000,000 1-30 Year Terms Interest Only Options SFR, Condo, Multi-Family, Medical, Industrial, Self-Storage, Mobile Home Parks, Construction, BTR, Line of Credit Contact me with any questions or scenarios Visit us at www.McCormickLendingGroup.com Bob McCormick, President Office 800 328-0144 Email McCormickLending@gmail.com 14362 N. Frank Lloyd Wright Blvd. #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660 "Don't Overpay For Your Mortgage" nmls 175743 azmb 0903631 cacfl 603J043 Equal Housing Lender
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