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Wednesday, October 31, 2018

Freddie Mac Home Possible 100% and FHA 100% Mortgages with Down Payment Assistance

Mortgage Quest
a dba of McCormick Lending Group, Inc.
We are now offering the Freddie Mac Home Possible 100% and FHA 100% mortgages with Down Payment Assistance, which are zero down payment options that serve the needs of first-time homebuyers.   We are also able to utilize our aggressive pricing model on both programs!



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

Wednesday, October 24, 2018

No Income Verification Program For Rental Properties

Mortgage Quest

a dba of McCormick Lending Group, Inc

No Income Verification Program For Rental Properties


*This loan allows our borrowers to qualify only using the market rents on the appraisal.  If this amount is greater than the proposed mortgage payment the loan is qualified. No Tax Returns Needed!

For More Information 


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

Tuesday, October 23, 2018

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@gmail.com

Lending in Arizona and California


* Example based on a 4.5% versus 4.75%, 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, October 18, 2018

Alternarive Underwriting Guidelines - Portfolio Loan Programs


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 also offer these loan options to help your buyer's secure financing:

*Utilize Business Bank Statements For Income (No Tax Returns)

*Bridge Loans Available for Clients Needing to Purchase Before Selling

*Clients Over 62 Years Old With Low Income- Utilize a Reverse Mortgage for Purchase

*Liquid Assets in lieu of Income for Qualifying


*Limited Seasoning After Bankruptcy, Foreclosure or Short Sale

*5% Down and No PMI on Jumbo Loans Up to $750,000

*500 Fico Scores on FHA and 550 Fico for Conventional


*Quick Closing Private Money Loans


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

Bob McCormick, President

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Toll Free 800-328-0144

 Lending in Arizona and California

"Don't Overpay For Your Mortgage"


AZMB#0903631 / CFL #603J043 / CO ID #20161226406 / NMLS #175743

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


Equal Housing Lender  

Monday, October 1, 2018

Our Interest Rate Protection Program (Hedge Rates)

Mortgage Quest

a dba of McCormick Lending Group, Inc

Interest Rate Protection Program


*As the owner I control how we price/offer our rates. We hedge our lenders and investors so we are able to lock in the rate upfront to be safe, but are able to offer Unlimited Free Interest Rate Floatdowns if rates improve throughout the process enabling our clients to obtain the best rate possible!


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