Residential and Commercial Lending

  FHFA has increased loan limits for 2024! We can now offer conventional conforming loans up to $766,550 and up to  $1,149,825 in High Cost areas. 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

  We offer J umb o Reverse  mortgages (HomeSafe *  for age 55+) - loan amounts  up to $4 million , and  principal limits as low as $200,000 !   HomeSafe Jumbo Reverse * : lower rates and higher LTVs. It’s worth a look! Prrograms to offer your senior clients: Reverse Opportunities:  FHA HECM, Reverse Jumbo, Stand-alone Reverse 2 nd  and EquityAvail (Hybrid Reverse). Purchase or Refinance, Fixed or Adjustable rates with a line of credit. 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 - Commercial - 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

One Time Close New Construction or Major Remodel Loan- Don't Pay For Closing Costs Twice! *Owner Occupied or Second Home *Loan Amounts to $3,000,000 *Loan to Value to 80% (85% on exception) *30 or 15 year fixed rate (Rate is locked upfront and WILL NOT change as it is also the Permanent Loan as well ) Contact me with any questions or scenarios  Bob McCormick, President Toll Free 800-328-0144   www.McCormickLendingGroup.com Lending in Arizona and California  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

Excellent Jumbo Rates from $766,550 to $3,000,000 Single Family- Second Home - Investor    Contact Us With Any Questions 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 mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender  

  The FHA loan limits for 2024 allow homebuyers to borrow  up to $498,257 for a single-family home in most parts of the country . Those purchasing a home in an area designated as “high-cost” may be able to borrow up to $1,149,825. 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 mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

    Eligible clients only need to put 1% down, and the other 2% is covered, providing all the benefits of a 3% down payment!   Affordability is top of mind for most home buyers. this new, exclusive and affordable purchase product that requires less upfront savings for your eligible clients, helping them get on the fast track to homeownership. Since clients don’t pay the mortgage insurance, they can also significantly decrease their monthly payment over the life of the loan. Client Qualifications Must make less than or equal to 80% of the area median income for the subject property Minimum FICO ®  Score of 620 Minimum down payment of 1% required Minimum LTV/CLTV/HCLTV of 95.01%; maximum LTV/CLTV/HCLTV of 105% (with an eligible Community Second) Maximum loan amount of $350,000 No PMI option 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 Corporat

  Conventional, FHA and VA financing options on manufactured homes We’re giving you another affordable path to owning your dream home. With higher rates and home prices, manufactured homes can be a smart choice. • Today’s manufactured homes are modern and customizable, designed for year-round living and made with quality products and materials. • Manufactured homes can be built faster and typically offer cost savings compared to traditional homes. Take advantage of affordable financing: • Savings: A manufactured home’s mortgage rate can be lower than many other loan options for a manufactured home. • Longer terms: You can choose longer term options compared to a personal loan. • More purchase power: With a manufactured home mortgage, you can borrow more moneyversus a personal loan, giving you more financial flexibility. Feel free to contact me with any questions   Visit us at  www.McCormickLendingGroup.com Bob McCormick, President   Toll Free 800-328-0144   Email-  McCormickLendi

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 Visit our website to learn more! 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 HOUSI

Over 70% of Seniors Say Their Home is Their Most Valuable Asset According to AAG Survey Nearly 75% Also Say Buying a Home was the Best Financial Decision They Ever Made For the past 24 years, as the owner of Mortgage Quest, I have witnessed my clients build wealth through owning their own home.  My goal has always been to educate my clients on what steps need to be taken in order to be homeowners.  I realize that first-time homebuyers may feel uneasy on not knowing what questions to ask, but I can help. Whether you decide to purchase your first home or not it's important to be educated so that you're making an informed decision. There are several myths that many first-time buyers hear and just to clarify a few untruths: Your do not need perfect credit You do not need a large downpayment You do not need to be at your job for 2 years If you are a renter or a first-time homebuyer I am always available to answer any questions and discuss the entire qualification and mortgage proces

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

  As the owner of Mortgage Quest I personally control out pricing model and can offer extremeiy low margins and costs on our Reverse Mortgages to help preserve as much equity as possible over the life of the loan. With this Fixed Rate Option the rate never changes and does not have the 2% financed FHA Mortgage Insurance Use equity for Tax Free Liquidity versus liquidating asset accounts  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 Borrowers always keep title to their home 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    mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

Investor and Commercial Property Lending We utilize the same low cost pricing model as we offer our residential customers. By using our own internal funding or partnerships with banks, midsize to large insurance companies, wholesale conduit lenders, equity capital companies as well as private individual/money lenders we have the resources available to accommodate most every commercial and investor property loan situation with our streamlined process at unmatched rates and fees. Programs Offered Conventional and Non-Bank Commercial Financing Portfolio Lending (Stated Income, Bank Statements, Low Fico, DSCR) Private Lending (No Fico, No Doc, Equity Based) Construction Mezzanine/Bridge Loans Joint Venture Bridge Loans Property Types Office, Retail, Multifamily, Industrial and Mini-Storage Raw Land/Lots, Farms Residential Single Family, Condominium, Townhome If you are interested in discussing any mortgage need please contact me today. Visit us at  www.McCormickLendingGroup.com Bob McCormi

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

Interest Rate Protection Program in this Volatile Market We are not limited to one bank, investor or warehouse credit line.  We have the ability to lock in a rate for our clients to be safe and if the market improves either renegotiate or internally switch lenders to access the lower rate prior to closing.  This hedges rates for the best possible upside and eliminates market uncertainty on trying to time when to lock a loan. 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   nmls 175743 azmb 0903631  cadbo 603J043 Equal Housing Lender