Posts

Interest Only Jumbo Loan (30 Year Fixed with 10 Year Interest Only Period)

Image
  Interest Only Jumbo Loan (30 Year Fixed with 10 Year Interest Only Period) *Lower Monthly Payments *Owner Occupied or Second Home *Loan Amounts from $766,551 to $3,000,000 *Loan to Value up to 80% *Single Family, Condo and Townhome  If you are interested in discussing this loan option or any other mortgage need, please contact me today. Bob McCormick, President Toll Free 800 328-0144 Email- McCormickLending@gmail.com www.McCormickLendingGroup.com     14362 N Frank Lloyd Wright Blvd 1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660

Jumbo Reverse mortgages for ages 55+ with loan amounts up to $4 million

Image
  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

Conventional, FHA and VA financing options on manufactured homes

Image
  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 ...

Qualify using bank statements and/or asset depletion and amortization

Image
SMARTSELF A non-QM solution, SmartSelf is ideal for borrowers requiring the use of bank statements and/or asset amortization to qualify.   HIGHLIGHTS: 660 minimum credit score 85% loan-to-value (LTV) for primary residence 75% loan-to-value (LTV) for second homes and investment homes 50% maximum debt-to-income ratio (DTI) Loan amounts up to $2M on purchases and rate & term refinances of primary residence 12 or 24- month bank statement options No tax returns or tax transcripts required $500,000 maximum cash in hand for primary residences and second homes 30-year fixed rate 30-year and 40-year fixed-rate interest-only options available  10-year interest-only period 5/6, 7/6, and 10/6 adjustable-rate mortgage (ARM) and interest only options SMARTEDGE A non-QM solution, SmartEdge offers competitive financing solutions for borrowers who fall just outside of standard agency and prime jumbo programs due to a credit event or other isolated lapse in their credit performance.   ...