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.
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"
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