Residential-Commercial-Private Lending

Besides being  extremely aggressive  on our Conforming and High Balance Fannie Mae/Freddie Mac, USDA, FHA and VA saleable loans using our  Wholesale Rates , we also offer In-House Private and Portfolio Underwriting for unique "outside of the box" loan situations. In-House Direct Private Lending (Equity Based) No Doc if Bank Balance = Loan Amount   No Seasoning on IRA Distributions for Income Asset Depletion Calculation for Income Bank Statement Deposits for Income Cross Collateralization and Bridge Loans  Feel free to contact me with any questions   Visit us at  www.McCormickLendingGroup. com Toll Free 800-328-0144 Bob McCormick, President 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660 mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal H ousing Lender

Wholesale vs. Retail Mortgage Rates Explained We work with several banks and mortgage wholesalers that allows us to shop rates for our clients.  Being that we do the origination and processing for these sources we receive Wholesale Rates which are discounted from Retail Rates (rates offered from bank branches, direct mortgage lenders, current loan servicers etc.). There can be a large variance (both positive and negative) between lenders on a daily basis regarding the Wholesale Rate that they offer as they compete for market share.  Being that we have several sources to choose from for our client we always have aggressive pricing options. Once we close a loan for our client the loan is then serviced by the bank, lender or servicing company.  The majority of the time they have an internal Retail division that may re-solicit the client for future business. They will make it seem that they can "streamline the mortgage process" as they currently have the loan in their s...

Home Equity Line of Credit Fixed Rate Home Equity Loans Reverse Mortgage Second Loans Shared Appreciation Loans Utilize home equity without refinancing your first mortgage for high interest rate debt consolidation, home improvement, college tuition, etc . Up to 89.99% on owner occupied homes 85% CLTV on investment properties & second homes Adjustable rate HELOCs, fixed rate Home Equity Loans, Reverse Mortgage Second Loans, Shared Appreciation Loans (No monthly payments) 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. Visit us at  www.McCormickLendingGroup.com Bob McCormick, President   Toll Free 800-328-0144   Email-  McCormickLending@gmail.com Residential-Commercial-Business Lending 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660  mb09036...

  PRIVATE- PORTFOLIO-INSURANCE-TRUST LENDING OPTIONS  As an independent mortgage company we are also able to provide Non-Bank loan options for both Residential and Commercial Properties.  These programs are underwritten either In-house or with partners using "outside of the box' guidelines with easier documentation requirements than standard government and bank loans. Loan Amounts Fast Direct Private $50,000 - $2,500,000 Portfolio  $100,000 - $5,000,000 Insurance $200,000 - $15,000,000 Trust  $75,000 - $75,000,00 Multi-Family $1,000,000 - $50,000,000 Rental Portfolio $500,000 - $50,000,00 Programs Offered   Direct Asset-Based Private Lending  Cross-Collateralization Loans Bridge Loans Construction Line of Credit Portfolio Underwriting DSCR Loans  Asset Based Property Types Sfr, Condo, Townhome and 1-4  Commercial Properties  Contact Us With Any Questions Bob McCormick, President Call Toll Free 800 328-0144 Email- McCormickLending@gmail.c...

  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. 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 - Business Lending 14362 N Frank Lloyd Wright Blvd 1...

2025 Fannie Mae and Freddie Mac Conforming Loan Limits are Now Available! $806,500! 3% Minimum Down Payment For Owner Occupied Owner Occupied, Second Home and Investment 620 Minimum Fico Score 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 "Don't Overpay For Your Mortgage!" mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

  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

                                         Life Insurance Company Commercial Mortgage Loan Options (Easier Loan Process than Government or CMBS Loans) "Lifeco" loans, or loans from life insurance companies, are  a type of commercial real estate financing that offer mid to long-term, fixed-rate, and non-recourse options , often with lower rates and longer amortizations than other commercial real estate loans.   Here's a more detailed breakdown: Key Features of Lifeco Loans: Long-Term Financing: Lifeco loans are typically designed for long-term holding periods, often with terms exceeding 10 years, sometimes up to 15 or 20 years.   Fixed Interest Rates: Interest rates are usually fixed at the time of the loan application, providing borrowers with greater certainty and predictability.   Non-Recourse: These loans are generally non-recourse, meaning the len...

As the owner of Mortgage Quest I personally control out pricing model.  This allows us to offer extremeiy low margins and costs on our Reverse Mortgages helping preserve as much equity as possible over the life of the loan. Equity disbursement is Tax Free With the 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 No Prepayment Penalty 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 - Private - Reverse 14362 N Frank Lloyd Wright Blvd 1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 92660   ...