Friday, November 18, 2022

"Don't Overpay For Your Mortgage" (Utilize Our Wholesale Rates)!

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


Over 22 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. 

We utilize extremely low operating costs and margins. Also, by receiving Wholesale Interest Rates and as the sole-owner/loan officer I personally control our pricing model which keeps our rates generally .25% - .50%+ lower than the competition with the same fees and costs! 

Combined with our Free Interest Rate Floatdown Option we help our clients obtain the lowest possible rates prior to closing.

We are extremely aggressive on our Conforming and High Balance Fannie Mae/Freddie Mac, USDA, FHA and VA saleable loans.

To see how we operate differently visit us at:

  
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

 
 mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

Monday, November 14, 2022

Reverse Mortgages With No Origination Fees and Interest Rate Caps!

 As the owner of Mortgage Quest I personally control our pricing model and have extremely low  margins and costs for our clients!

  • We offer extremely low margins and costs on our Reverse Mortgages  to help preserve as much equity as possible over the life of the loan (most reverse mortgage lenders do not offer this as they want to maximize their own profit)
  • For borrowers over 55+ years old looking to purchase or refinance
  • Only have to qualify to prove ability to pay annual property taxes and insurance
  • You always keep title and own your home
  • Access to a Line of Credit that grows over time
  • No Origination, Title and Underwriting Fee Options Available


Bob McCormick, President

Office 800-328-0144
Email Me

Lending in Arizona and California 

14362 N Frank Lloyd Wright Blvd 1000
Scottsdale, AZ 85260

23 Corporate Plaza Dr. #150
Newport Beach, CA 92660


Residential-Portfolio-Private-Reverse


mb0903631 nmls175743 nmls179756  mlo #179756 Cadoc603J043  EQUAL HOUSING LENDER

Friday, November 11, 2022

Interest Rate Protection Program with Free Rate Floatdowns!

 

Interest Rate Protection Program in this Volatile Market


We are able to lock interest rates upfront (up to 180 days) while our clients search for their home.

If rates drop during the process we can float the rate down up to 3 times for Free! 

This hedges rates for the best possible upside and eliminates market uncertainty on when to lock the loan.

Contact me with any questions


Bob McCormick, President

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 



nmls 175743 azmb 0903631  cadbo 603J043 Equal Housing Lender

Wednesday, November 9, 2022

Seller/Owner Financing - Refinance and Note Buyout Loan Options Available!

 


Seller/Owner Financing - Refinance and Note Buyout Loan Options Available!


Programs available for homeowners to refinance out of the seller's carryback loan and into a permanent mortgage. 

Options also available for the seller where their carryback/seller financing loan is purchased in part or in full so that they can get their cash back sooner!
Property Types:
Investor 1-4 (SFR, Condo, and 2-4 Units) Multi-Family (5+ Units) Mixed-Use Commercial (Office, Retail, Warehouse, Self-Storage)

To see how we operate differently visit us at:

  
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

Lending in Arizona and California

 
 mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

Alternative/Portfolio/Private/Bridge Underwriting Guidelines - Currently Available!

 Even though our business model focuses on offering Fannie Mae/Freddie Mac and FHA/VA interest rates generally .25-50% lower than the competition we also offer these loan options to help your buyer's secure financing:


* IRA distribution income no seasoning

*Utilize Liquid Assets in Lieu of Income for Qualifying

*Clients Over 55+ Years Old With Low Income- Utilize a Reverse Mortgage for Purchase

*Cross Collateral  Loan Program (No Downpayment Required)

*Portfolio Underwriting (Common Sense Guidelines)

*Private Lending  (No Income Verification and Equity Based Available)


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

Bob McCormick, President

Toll Free 800-328-0144

Residential-Porfolio-Private-Reverse

Lending in Arizona and California 

14362 N Frank Lloyd Wright Blvd 1000
Scottsdale, AZ 85260

23 Corporate Plaza Dr. #150
Newport Beach, CA 92660


AZMB#0903631 / CA CFL #603J043 / NMLS# 175743 179756

"Don't Overpay For Your Mortgage" (Utilize Our Wholesale Rates)!

  It's Pretty Simple: Low Overhead + Low Margins = Low Rates! Over 22 years ago, after working for large banks and mortgage banking comp...