Residential and Commercial Lending

  Breakdowns of a Few Recently Funded Private and Portfolio Loans $2,288,000 first mortgage second home purchase 80% Ltv 30 year fixed.  Qualified with only bank account balance utilizing asset depletion calculations. $3,000,000 first mortgage purchase   cross-collateralization  loan 30 year fixed. Single Family. 100% financing. Total packaged Ltv 54%. $525,000 second mortgage refinance   bridge loan . 12 month interest only. Single Family. Cltv 33%. In-House Private Loan. $848,000 first mortgage   purchase   cross-collateralization  loan 30 year fixed. Single Family. 100% financing. Total packaged Ltv 63%. $305,000 second mortgage construction bridge loan with cross-collateralization . 12 month interest only. Total packaged Ltv 78%. In-House Private Loan . If you have any questions please contact me today. Visit us at www.McCormickLendingGroup.com Bob McCormick, President Office 800 328-0144 Email McCormick...

  New Super Jumbo Loan Options If you have any questions please contact me today. Visit us at www.McCormickLendingGroup.com Bob McCormick, President Office 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 "Don't Overpay For Your Mortgage" nmls 175743 azmb 0903631 cacfl 603J043 Equal Housing Lender

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  PRIVATE-PORTFOLIO-INSURANCE-TRUST LENDING OPTIONS  As an independent mortgage company we are also able to provide Non-Bank loan options for both Residential and Commercial Properties.   These programs are underwritten and closed either in-house or with our partners using "outside of the box' guidelines with easier documentation requirements than standard government and bank loans. Loan Amounts Direct In-House Private $50,000 - $5,000,000 Portfolio  $100,000 - $5,000,000 Insurance $200,000 - $75,000,000 Trust  $75,000 - $75,000,00 Multi-Family $1,000,000 - $50,000,000 Rental Portfolio $500,000 - $50,000,00 Programs Offered   Direct Asset-Based Private Lending  Cross-Collateralization Loans Bridge Loans Construction Line of Credit Portfolio Underwriting DSCR Loans  Asset Based Portfolio  Property Types Residential and Commercial Properties  Contact Us With Any Questions Bob McCormick, President Call Toll Free 800 328-0144 Email- McC...

We utilize our same low cost pricing model for these loans as well: "Non-QM" Portfolio Underwriting Options  12 or 24 month bank statement income options Asset Depletion for Income Bank Statement Balance = Loan Amount  Alternative Income (1099 only, employment verification form, ITIN) Debt Service Coverage Ratio (DSCR) P&L Only Foreign National  Credit score as low as 620 Loans up to $4,000,000 Contact Us With Any Questions Visit us at  www.McCormickLendingGroup.com Bob McCormick, President   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  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

Low Overhead + Low Margins = Low Rates Without question mortgage rates are a very hot topic..   One common question that  I am often asked  is how I can generally offer a lower rate than the homeowner's current lender/servicer (even though I may have originally closed the original loan for the homeowner with this same servicer)? As a wholesale broker I receive wholesale rates which are generally .25%+ lower than what a homeowner's current loan servicer will offer directly as they price rates as "retail" and not "wholesale". Their hope is that the homeowner does not question the fact the loan servicer is only handling the mortgage payments (most of the time Fannie Mae, Freddie Mac, HUD or VA owns or insured the loan) and a  brand new loan  has to be originated on any refinance.  Ironically, I  work directly and receive wholesale rates from a very well known "automated" lender that advertises day and night on television, internet and the radio throug...

We offer 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!   * Purchase without a contingency *No need to liquidate savings or stock accounts *Options to defer monthly payments *Cross-Collateralization options  To see how we operate differently visit us at: www.McCormickLendingGroup.com     Bob McCormick, President 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  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

  It's Pretty Simple: Low Overhead + Low Margins = Low Rates! 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, high office rents, office management and ancillary salaries and expenses. We then pass these savings on to our clients via lower rates and costs. Combined with our Free Interest Rate Floatdown Option we help our clients obtain the lowest possible rates prior to closing. At any time we can do a quick rate comparison to ensure that you are receiving the lowest rate and costs possible. CLICK HERE FOR A QUICK COMPARISON We are extremely aggressive on Jumbo, Conforming and High Balance...

Besides being  extremely aggressive  on our Conforming and High Balance Fannie Mae/Freddie Mac, USDA, FHA and VA saleable loans using our  Wholesale Rates , we also offer In-House Private and Portfolio Underwriting for unique "outside of the box" loan situations. In-House Direct Private Lending (Equity Based and Case-by-case) No Doc if Bank Balance = Loan Amount   No Seasoning on IRA Distributions for Income Asset Depletion Calculation for Income Bank Statement Deposits for Income Cross Collateralization and Bridge Loans  Feel free to contact me with any questions   Visit us at  www.McCormickLendingGroup. com Toll Free 800-328-0144 Bob McCormick, President 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660 mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal H ousing Lender

  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

  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

Low Documentation Commercial and Investor Program Designed for borrowers seeking lower payments on a long-term, fixed-rate loan with no balloon payment and simple underwriting documentation. KEY FEATURES 30-year fixed rate option Interest-only payments up to 10 years. Great for self-employed investors and small business owners. Based on property value, not personal income. Best alternative to hard money loans. PROPERTY TYPES Investor 1-4 (SFR, Condo, and 2-4 Units) Multi-Family (5+ Units) Mixed-Use Commercial (Office, Retail, Warehouse, Self-Storage and Automotive) High Equity Loan A low LTV loan with easy credit requirements Designed for investors with derogatory credit issues and high equity seeking quick and easy credit qualification. KEY FEATURES Streamlined underwriting. No seasoning of ownership required. Available as a 3-year-fixed or 30-year-fixed loan, each amortized over 30 years. PROPERTY TYPES Investor 1-4 (SFR, Condo, and 2-4 Units) Multi-Family (5+ Units) ...