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Friday, July 6, 2018

How To Save Money With Higher Home Values and Rising Rates

Mortgage Quest
a dba of McCormick Lending Group, Inc.


With Higher Home Values Borrowers Are Able to Utilize Equity And Pay Off Higher Interest Debt Saving $$$

  • Utilize Home Equity and Pay Off High Interest Credit Card Debt
  • How To Eliminate PMI
  • Convert your adjustable rate to a fixed rate
  • Utilize the equity in your home for home repairs/remodeling
  • Combine a first and second mortgage into one loan and Lock in rates

If you have any questions or want to just make sure you are in the best situation feel free to contact me.

As always, I also greatly appreciate your referrals (family, friends, co-workers, etc) that may also have questions.   Thank you!

"Low Overhead + Low Margins = Low Rates"


Bob McCormick, President

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Office  480 905-1135
Toll Free 800-328-0144 
McCormickLending@gmail.com


 Lending in Arizona and California

"Don't Overpay For Your Mortgage"


NMLS 175743 Equal Housing Lender

Monday, June 11, 2018

"Don’t Overpay For Your Mortgage"

Mortgage Quest Logo

It's Pretty Simple: Low Overhead + Low Margins = Low Rates


Seventeen years ago, after working for large banks and mortgage banking companies, I figured out how to operate a mortgage company utilizing a business model which allows us to offer ultra-low interest rates for our clients.  As the owner I control our pricing model which keeps our rates generally .25-.50%+ lower than the competition!  Also, we are able to offer free and unlimited rate floatdowns after a loan is locked ensuring the lowest rate possible for our clients.

To see how we operate differently visit us at:



Call Toll Free 800 328-0144 or
Email  McCormicklending@gmail.com

Bob McCormick, President

Lending in Arizona and California 


nmls 175743 azmb 0903631  cadbo 603J043 Equal Housing Lender

Wednesday, May 30, 2018

Low Cost Bridge Loans Available (purchase before selling and remove contingency)

Mortgage Quest
a dba of McCormick Lending Group, Inc.


We offer In-House Bridge Loans for borrowers who want to purchase a new property prior to selling their current property.  Great rates, flexible terms and no upfront cost or monthly payment options available!  

Bob McCormick, President

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Toll Free 800-328-0144 

www.McCormickLendingGroup.com

 Lending in Arizona and California
"Don't Overpay For Your Mortgage"



mb0903631 nmls175743 nmls179756 Cadoc603J043  Equal Housing Lender

Thursday, April 26, 2018

A Few Of The Benefits That We Offer Our Clients!

Mortgage Quest Logo

A Reminder On A Few Benefits That We Offer:


*As the owner I personally control our pricing model.  This enables us to offer market leading rates, generally .25-.50% lower than the competition! (with same or lower fees)

*We hedge our lenders and investors so we are able to lock in the rate upfront to be safe, but we can float down the rate for FREE if rates improve throughout the process enabling our clients to obtain the best rate possible!

*We offer In-House Bridge Loans for clients who want to purchase prior to selling their current home!

I am always available to help answer any questions and your referrals are greatly appreciated!

 

Bob McCormick, President

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Call Toll Free 800 328-0144 or
Email  McCormicklending@gmail.com

Bob McCormick, President

Lending in Arizona and California 

nmls 175743 azmb 0903631  cadbo 603J043 Equal Housing Lender

How to save $20,916 on your mortgage loan!

Mortgage Quest
a dba of McCormick Lending Group, Inc.


Did you know that you will pay $20,916 over the life of a mortgage loan for every .25% higher interest rate charged?*

Are you getting a Good, Fair or Great Rate?

Having worked for a few of the large banks and mortgage banking firms prior to starting Mortgage Quest in May 2000, I learned how and why these mortgage companies need to mark-up their rates that are offered to the public: large overhead expenses including office salaries, commissions, large rent/office space, several layers of management, extra quality control costs due to large staffing, etc.

Mortgage Quest was established with a business model that has reduced these large expenses so that our operating margins are the lowest in the industry and the need to mark-up interest rates was eliminated:
  • I personally controlling our pricing model which generally saves our clients up to .25% - .50% or more on their rate versus the competition.

Visit me at www.McCormickLendingGroup.com to see how I can offer this.  Also, if you have a client that is shopping for the best mortgage terms I would greatly appreciate the opportunity to offer a rate/fee quote!


Bob McCormick, President

Toll Free 800-328-0144
Email- McCormickLending@gnmail.com

Lending in Arizona and California


* Example based on a 4% versus 4.25%, 30 year fixed rate loan at $400,000 loan amount.  Savings will depend on loan amount, term and rate

NMLS 175743 AZMB 0903631 CADBO 602J043  Equal Housing Lender

Thursday, March 8, 2018

Cross Collateral Loan Program

Mortgage Quest
a dba of McCormick Lending Group, Inc.

Even though our business model focuses on offering interest rates generally .25-50% lower than the competition we now also offer this loan option to help our clients secure financing:
Cross Collateral Loan Program
This program allows our clients to use the equity in their current home to purchase or construct a new home by obtaining ONE loan against the new property and the existing property combined.  When the existing property is sold and the principal balance is reduced the exisiting property is released and the loan is re-amortized over the remaining term; No refinancing is needed!
  • ONE loan, which is secured by the new property and current residence
  • May be able to borrower up to 100% of the new home and closing costs
  • Provides ability to make a non-contingent offer


Feel free to contact me or visit us at www.McCormickLendingGroup.com 

Bob McCormick, President

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Toll Free 800-328-0144
Email  McCormickLending@gmail.com
 Lending in Arizona and California

"Don't Overpay For Your Mortgage"


AZMB#0903631 / CFL #603J043 /  NMLS #175743

Toll Free: (800) 328-0144 Fax: (888) 570-6740


Equal Housing Lender   

Tuesday, February 27, 2018

New Program! Fannie Mae Loan Limits in Arizona to $679,650! (Compare to Jumbo)

Mortgage Quest
a dba of McCormick Lending Group, Inc.

Even though our business model focuses on offering interest rates generally .25-50% lower than the competition we now also offer this loan option to help our clients secure financing:
Fannie Mae and Freddie Mac Loan Limits to $679,650 in all of Arizona!

  • Min 680 FICO
  • Max 80% LTV/43% DTI
  • Eligible for primary and second homes
  • Lower rates, easier guidelines, and fewer docs than Jumbo

Feel free to contact me or visit us at www.McCormickLendingGroup.com 

Bob McCormick, President

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Toll Free 800-328-0144
Email  McCormickLending@gmail.com
 Lending in Arizona and California

"Don't Overpay For Your Mortgage"


AZMB#0903631 / CFL #603J043 /  NMLS #175743

Toll Free: (800) 328-0144 Fax: (888) 570-6740


Equal Housing Lender