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Monday, December 3, 2018

Beat The Bank! How We Operate Differently and Save Our Borrowers Money

Mortgage Quest
a dba of McCormick Lending Group, Inc.


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:
  • As the owner, I control out pricing model. Generally saving our clients up to .25% - .50% or more on their rate versus the competition.
     
  • We utilize the industry's most recent loan origination software and automation which helps make the loan process run extremely efficient and smoothly which keeps operating costs and margins very low.

If you have any questions please let me know or if you have a client that would like a rate/fee quote on a mortgage scenario I would greatly appreciate the opportunity to offer one!


Bob McCormick, President

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 Toll Free 800-328-0144 

Lending in Arizona and California


"Don't Overpay For Your Mortgage"

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