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

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It's Pretty Simple: Low Overhead + Low Margins = Low Rates! We average .375-.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. CLICK HERE FOR A QUICK COMPARISON We are extremely aggressive on Jumbo, Conforming and High Balance Fannie Mae/Freddie Mac, Non-QM, Reverse, USDA, FHA and VA saleable l...
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Nationwide Commercial and SBA Lending Options (Bank and Non-Bank)

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Nationwide Commercial and SBA Business Lending Available! For the past 25 years we have utilized our own internal funding or well established partnerships with domestic banks, credit unions, GSE's (Fannie Mae, Freddie Mac), HUD, CMBS, SBA, midsize to large insurance companies, wholesale conduit lenders, portfolio, private and equity capital companies for loans ranging from $50,000 to over $75,000,000+. We also utilize  a tech-enabled online Nationwide Marketplace of over 500+ lenders which enables us to quickly source the best terms immediately with only ONE application for both commercial and SBA business loans! Programs Offered Conventional and Non-Bank Commercial Fannie Mae, Freddie Mac and HUD  CMBS and Trust Lending  Bridge   and Construction  Portfolio and In-House Private Lending Insurance Company  SBA 7a and 504 Lending  (Plus Working Capital and Equipment Financing) Property Types   Industrial, Multi-Family and Retail Self-Storage and Mob...
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Reverse Mortgages With No Origination Fees and Interest Rate Caps!

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As the owner of Mortgage Quest I personally control our pricing model and have extremely low  margins and costs for our clients! We offer  extremely low margins and costs  on our Reverse Mortgages  to help preserve as much equity as possible  over the life of the loan (most reverse mortgage lenders do not offer this as they want to maximize their own profit) For borrowers over 55+ years old looking to purchase or refinance Only have to qualify to prove ability to pay annual property taxes and insurance You always keep title and own your home Access to a Line of Credit that grows over time No Origination, Title and Underwriting Fee Options Available Visit our website to learn more! Bob McCormick, President Office 800-328-0144 Email Me Lending in Arizona and California  14362 N Frank Lloyd Wright Blvd 1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660 Residential-Portfolio-Private-Reverse mb0903631 nmls175743 nmls179756  ...
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VA Loans - No Downpayment and No PMI Required

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  To see how we operate differently visit us at: www.McCormickLendingGroup.com     Bob McCormick, President Call Toll Free 800 328-0144 Email- McCormickLending@gmail.com Residential - Portfolio - Private - Reverse 14362 N Frank Lloyd Wright Blvd 1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660
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Debt Service Coverage Ratio Loans (DSCR)

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  Debt Service Coverage Ratio Loans (DSCR) For Rental and Commercial Properties  We ONLY use the rental agreement or the estimated rent analysis by the appraiser for income qualifying  No Tax Returns or W2 forms needed Fico Scores down to 660 Loan amounts up to $3,000,000 Contact me with any questions regarding pricing, guidelines or scenarios.   www.McCormickLendingGroup.com     Bob McCormick, President Call 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 Connect with me on LinkedIn  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender
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First-Time Home Buyer Government Programs for 2025

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First-Time Home Buyer Government Programs for 2025 Buying your first home can be challenging, especially when it comes to getting approved for a mortgage and coming up with the down payment. Thankfully, there are plenty of first-time home buyer government programs that can make things easier. Government loans for first-time home buyers There are several government loan options that are worth exploring if you need a little extra help qualifying for a mortgage: FHA loan:  580 credit score, 3.5% down HomeReady and Home Possible:  620-660 credit score, 3% down VA loan:  580-620 credit score, 0% down USDA loan:  640 credit score, 0% down FHA home loan FHA loans can help if you can’t afford a traditional 20% down payment or have a less-than-perfect credit score. You can put down as little as 3.5% at closing with an FHA loan.  These loans have more flexible underwriting standards and are insured by the Federal Housing Administration and issued by an FHA-approved lender...
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Wholesale vs. Retail Mortgage Rates

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Wholesale vs. Retail Mortgage Rates Explained We work with several banks and mortgage wholesalers that allows us to shop rates for our clients.  Being that we do the origination and processing for these sources we receive Wholesale Rates which are discounted from Retail Rates (rates offered from bank branches, direct mortgage lenders, current loan servicers etc.). There can be a large variance (both positive and negative) between lenders on a daily basis regarding the Wholesale Rate that they offer as they compete for market share.  Being that we have several sources to choose from for our client we always have aggressive pricing options. Once we close a loan for our client the loan is then serviced by the bank, lender or servicing company.  The majority of the time they have an internal Retail division that may re-solicit the client for future business. They will make it seem that they can "streamline the mortgage process" as they currently have the loan in their s...
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