Second Mortgages Available (Fixed Rate and Adjustable - up to 95% Cltv and Investment Property Options)

-


Home Equity Line of Credit and Fixed Rate Home Equity Loans Available



Utilize home equity without refinancing your first mortgage for high interest rate debt consolidation, home improvement, college tuition, etc.


  • CLTV' s to 95% and DTIs to 50% on owner occupied homes
  • 85% CLTV on investment properties & second homes
  • Adjustable rate HELOCs, fixed rate Home Equity Loans
  • Piggyback purchases & refis, standalone 2nds, and 1st lien HELOCs
  • Maximum Line/Loan Amount is $500,000



If you have any questions regarding these or any other mortgage option please let me know.



Bob McCormick, President
 
Toll Free 800-328-0144 

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

Comments

Post a Comment

Popular posts from this blog

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

-
Image
  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
Read more

Equity-Based Low Documentation Commercial and Investor Loans (30 Year Fixed and No Balloon!)

-
Image
Portfolio Low Documentation Investor and Commercial 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
Read more