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Investor and Commercial Property Lending (Full, Alternative and No Doc Asset-Based)

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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

Why Your Current Loan Servicer May Not Offer You The Best Rates

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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

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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