Residential-Commercial-SBA Lending

First-Time Home Buyer Government Programs for 2025 Buying your first home can be challenging, especially when it comes to getting approved for a mortgage and coming up with the down payment. Thankfully, there are plenty of first-time home buyer government programs that can make things easier. Government loans for first-time home buyers There are several government loan options that are worth exploring if you need a little extra help qualifying for a mortgage: FHA loan:  580 credit score, 3.5% down HomeReady and Home Possible:  620-660 credit score, 3% down VA loan:  580-620 credit score, 0% down USDA loan:  640 credit score, 0% down FHA home loan FHA loans can help if you can’t afford a traditional 20% down payment or have a less-than-perfect credit score. You can put down as little as 3.5% at closing with an FHA loan.  These loans have more flexible underwriting standards and are insured by the Federal Housing Administration and issued by an FHA-approved lender...

Cross Collateral Loan Program With A+ Rates This program allows our clients to use the equity in their current home to purchase or construct a new home by obtaining ONE loan against the new property and the existing property combined.   When the existing property is sold and the principal balance is reduced the exisiting property is released and the loan is re-amortized over the remaining term; No refinancing is needed! ONE loan, which is secured by the new property and current residence May be able to borrower up to 100% of the new home and closing costs Provides ability to make a non-contingent offer Feel free to contact me or 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 AZMB#0903631 / CFL #603J043 /  NMLS #175743 Toll Free: (800)...

    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...

  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

According to recent reports, while exact figures vary, a significant portion of commercial real estate loans are currently being denied by banks, with some estimates indicating that  around half  of loan applications are being rejected due to tightening lending standards and concerns over market volatility, particularly in the office sector;  this is largely driven by rising interest rates and potential property value declines. We offer: Portfolio Investor and Commercial Lending (Low Documentation) Qualifying based solely on Lease Agreements and/or Rent Schedule No Business or Personal Tax Returns or P&L Statements Loan Amounts up to $45,000,000 30 Year Fixed Rate with Interest Only Option and No Balloon Fico Scores as low as 650 1 Day Seasoning for Ownership or BK Non- Recourse Property Types SFR, Condo and 2-4 Units Bridge Acquisition and Construction Rental Portfolio Office, Retail, Warehouse Multifamily, Mixed Use Self Storage, Automotive * Options Avail...

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

  Even though standard mortgages (Fannie Mae/Freddie Mac, Jumbo, FHA, VA and USDA) are our forte' as an independent company we also offer Speciality Loan Programs including: In-House Direct Capital Lending  (Residential and Commercial) up to $2,500,000+ We offer Buyouts of Loan Notes  (Performing and Non-Performing) up to $1,000,000 Equity Sharing Agreements - Cash Out (No Qualification and No Payments) Commercial Loan Advisory, Restructuring and Debt Negotiation Services Trust Company Lending  (Residential and Commercial) Rental, Fix and Flip, Rental Portfolio and Construction) Loan amounts up to $75,000,000+ Business Lending (Working Capitial, Acquisition, Credit Lines, Equipment Financing and Fast Cash) To see how we operate differently 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 N...