No Income Verification Loan For Primary Home (Liquid Asset Loan)

Mortgage Quest

a dba of McCormick Lending Group, Inc.

No income qualifying for borrowers with sufficient liquid assets after closing where the loan could be paid in full.  Available for Primary Home with 20% downpayment.

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

Lending in Arizona, California and Colorado

NMLS 175743 AZMB 0903631 CADBO 602J043  Equal Housing Lender

Don't settle for a "Good" or "Fair" Rate. You deserve a "Great" Rate!

Mortgage Quest

a dba of McCormick Lending Group, Inc.

*As the Sole-Owner and Loan Originator I control our pricing model and generally offer rates .25%-.50% lower than the competition!

(we don't "pad" rate sheets to pay for large overhead)

*Free Rate Float Downs on Locked Loans!

*We Hedge our Investors as they Compete for our Business!

(more competition generates lower rates for our clients)

Visit our website to learn more!

Bob McCormick, President

 

Toll Free 800-328-0144 

 Lending in Arizona, California and Colorado

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043  Equal Housing Lender

No Doc Quick Qualifying Private/Portfolio Residential and Commercial Lending

 McCormick Lending Group, Inc.
dba Mortgage Quest

With over 30 years of combined real estate analysis, residential and commercial financing (retail and wholesale), underwriting and Trust Deed investing, we have the experience and local knowledge that is needed.

We are a direct, private lender meaning that we can lend our own funds. However, we can also partner with our investors which include large insurance companies, wholesale mortgage bankers, equity capital companies as well as private individuals.

By utilizing all of these financing options for our clients we have the ability and resources to accommodate most loan situations with our streamlined process.

• Loan to Values from 80% OK!
• No Doc Equity Based OK!
• No or Low Fico OK!
• Residential and Commercial OK!
• No Points OK!
• No Prepayment Penalty OK!

Bob McCormick, President

 Toll Free 800-328-0144 

Visit Us Here

Click Here for information on lending your own money via Trust Deeds

mb0903631 nmls175743 nmls179756 Cadoc603J043

Add in up to $15,000 in Renovations on Resale Purchase Contracts! Simple Process!

Mortgage Quest

a dba of McCormick Lending Group, Inc.

Add in up to $15,000 in Renovations on Resale Purchase Contracts

Here is an example:

Contract price with seller $400,000

Plus renovation items $14,500 (total of kitchen/bathroom upgrades and pool rehab)

Total financed package $414,500

Up to a 95% loan (standard Fannie Mae loan and rates) is based on the $414,500 total price

Escrow Holdback account is created for $14,500 and the purchase closes

All work is completed and the appraiser completes the final inspection

The escrow account is released to the contractor

Very Simple Process (No HUD Counselors involved at all)

Click Here To Find Out More

Bob McCormick, President

 

Toll Free 800-328-0144 

 Lending in Arizona, California and Colorado

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043

No Income Quick Qualifying Commercial Loans (Non Bank Lending)

Mortgage Quest

a dba of McCormick Lending Group, Inc.

• Loan to Value to 75% (80% Combined)
• Minimum Fico 650
• Rates as Low as 6.75%
•  Investment SFR, Condo & 2-4 Units, Multi-Family, Mixed-Use, Office, Retail Warehouse, Self-Storage, Auto Service 

Bob McCormick, President

 

 Toll Free 800-328-0144 

Lending in Arizona, California and Colorado

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043

We Can Help Bridge the Gap From A-Paper to Hard Money

Mortgage Quest

a dba of McCormick Lending Group, Inc.

Although we offer extremely low interest rates for our clients on standard Conventional, Jumbo and FHA/VA loans (generally .25%-.50%+ lower than the competition- see how at www.McCormickLendingGroup.com) we are also able to help fill the gap in harder to place loan situations:

• Fico Scores Down to 500 on Conventional and 560 for FHA
• No Seasoning after Foreclosure, Short Sale or Bankruptcy (1+ day)
• Alternative Income Verification (Bank Statements, Asset Depletion, etc)
• Non Fannie Mae and Freddie Mac Loans (Portfolio Underwriting)
• Bridge Loans for Buyers that need to purchase before selling current home
• No Income Verification Loans for Self-Employed (Business Purpose Loans)
• No Fico or Income Verification for Investment Properties

Bob McCormick, President

 

 Toll Free 800-328-0144 

Lending in Arizona, California and Colorado

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043

As a full service lender we also offer these Niche in-house loan programs to help our clients:

Mortgage Quest

a dba of McCormick Lending Group, Inc.

As a full service lender we also offer these Niche in-house loan programs to help our clients:

• In-house Private Money and Portfolio Loans  (Non-Owner Occupied)

• Ok to add remodel, kitchen/bath, pool/spa, landscaping, etc. into your resale purchase contract (Fannie Mae loan)

• FHA Loans down to 550 Fico and Conventional down to 500 Fico!

• No seasoning after Short Sale with 20% down and 620 fico score 

• In-house Bridge Loans for your buyers need to purchase prior to selling 

• No Income Verification Refinance on Owner-Occupied for Self Employed  with 500+ Fico (Business Purpose)
• 
  

Visit our website to learn more!

Bob McCormick, President

 

Toll Free 800-328-0144 

 Lending in Arizona, California and Colorado

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043

Jumbo Loans Only 10% Down Payment and No PMI!

Jumbo Loans Only 10% Down Payment 

• Excellent Rates!
• No PMI!
• Loan amounts up to $750,000!
• 710 Minimum Fico Score

Visit our website to learn more!

Bob McCormick, President

 

Toll Free 800-328-0144 

 Lending in Arizona and California 

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043

Fannie Mae Home Ready Program (Compare to FHA)

Fannie Mae Home Ready Program

Low down payment. Up to 97% financing for home purchase with many borrower flexibilities.

Flexible sources of funds can be used for the down payment and closing costs with no minimum contribution required from the borrower’s own funds (1-unit properties). 

Conventional home financing with cancellable monthly MI. 

Homeownership education helps buyers get ready to buy a home and be prepared for the responsibilities of homeownership. The required training offers an easy-to-use, online course.

Contact me with any questions

Bob McCormick, President

Toll Free 800-328-0144 or MortgageQuest@Cox.Net

www.McCormickLendingGroup.com