Posts

Debt Consolidation Loan Options (Reduce interest rates on overall monthly debt and maximize cash flow)

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  Debt Consolidation Refinance A debt consolidation refinance allows you to pay off high-interest credit card debt, medical bills, student loans, and any other loan balances that you carry (as well as utilizing home equity for home improvement projects) to lower the overall interest and maximize monthly cash flow. This can be achieved by either combining all debts into a new first mortgage or by taking out a new second mortgage (loan or home equity line of credit).   There are certain situations where combining all debt into a new first mortgage can be financially beneficial, even if the first mortgage rate is very low. If you have any questions or would like an amortization breakdown scenario generated just let me know. Your referrals are greatly appreciated! 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 Llo

Utilize Our Wholesale Rates - Don't Pay Retail!

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    It's Pretty Simple: Low Overhead + Low Margins = Low Rates! Over 23 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 very low versus the competition. 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: www.McCormickLendingGroup.com     Bob McCormick, President Call Toll Free 800 328-0144 Email- McCormickLending@gmail.com Residential - Portfolio - Private - Reverse 14362 N Frank Lloyd Wri

We Refinance and Purchase Secured Notes and Deeds of Trust (Helping our clients with their liquidity needs)

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  We refinance and purchase Secured Notes and Deeds of  Trust!   Helping our clients with their liquidity needs! Performing and Non-Performing 1st and 2nd Notes/Deeds of Trust Secured by Real Estate  (Residential and Commercial)  Real estate loan buyouts - offering a quick closing at a fair market price Single Family Condominium Townhome 1-4 Units Apartments Office Warehouse Mixed-Use Industrial Lots/Land Construction Buyout Reasons to sell your note: New Investment Opportunities College Tuition Pay Off Debt Divorce Settlement Estate Settlement Prefer Cash Liquidity Contact us with any questions 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

In-House Direct Private and Portfoltio Loan Underwriting Options Available (Low Rates and Fees)!

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In-House Private and A+ Paper Portfolio Loan Underwriting Options Available  Programs Offered Private and Portfolio Underwriting (Common Sense) - Owner Occupied and Investor Asset-Based Options Assets, Rents and Bank Deposits allowed to be used for income  Foreign National options  Cross Collateralization (In Lieu of Bridge Loan - Remove Contingency) Bridge Loans (Purchase before you sell) Property Types Residential Single Family, Condominium, Townhome Office, Retail, Multifamily, Mixed Use, Industrial and Mini-Storage Raw Land/Lots If you are interested in discussing private and portfolio lending or any other mortgage need, please contact me today. 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

In-House Bridge Loans Available (purchase before selling and remove contingency)

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We offer In-House 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 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 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 Cadoc603J043 Equal Housing Lender

New Conforming Loan Limits of $750,000 Now Available!

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  Agency loan limits at the anticipated 2024 maximum conforming loan amounts! We can now offer conventional loans up to $750,000! While loan limits will officially update upon FHFA’s announcement expected in November, we can give our clients more opportunities to get conventional financing at lower rates with increased loan limits now. 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: 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

Bank Statement or Asset Depletion Loan Qualifying

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  Bank Statement or Asset Depletion Qualifying Take Advantage of tax write-offs for self-employed borrowers Use personal or business bank statements 12 or 24 month bank statement options Less than 30 day turn time As little as 10% down Credit score as low as 620 Loans up to $3,000,000 Up to 50% DTI Contact Us With Any Questions Visit us at  www.McCormickLendingGroup.com 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  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender