Our Cross Collateral Loan Program with A-Paper Rates (in lieu of a Bridge Loan)
Cross Collateral Loan Program with A+ paper 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 Residential-Portfolio-Private-Reverse Lending in Arizona and California 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newport Beach, CA 926