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Cross Collateral Loan Program

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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)...

Construction / Build To Rent / Multi-Family / Rental Portfolio Financing

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Construction / Build To Rent / Multi-Family / Rental Portfolio Financing  Ground Up Construction Loan on new construction of a single property SFR (1-4 units), condo, townhome Up to 85% of cost 12 to 24 month term, (via extensions) $250k – $2.5M+   Build To Rent Loan on new construction of multiple rental properties SFR or townhome communities Up to 75% of cost on construction (65% LTV stabilized) 18 to 30 month term (via extensions) $3M – $30M+ Multifamily Bridge Short-term loan on a transitional multifamily project Multifamily, condos, mixed use with majority residential Up to 75% of cost, 65% of value Up to 30 month term (via extensions) $3M – $15M+ Multifamily Term Long-term loan on a stabilized multifamily property Multifamily, condos, mixed use Up to 75% of value 3, 5, 7, or 10 year term $500k – $50M+ 30-Year DSCR Fixed rate loan on a rental property based on DSCR (1.0x) SFR (1-4 unit), condo, townhome Up to 80% of value 30 year term $75k – $2M+ Rental Portfolio Fixed ra...

How We Are Different = Independent Mortgage Company

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Low Overhead + Low Margins = Low Rates! As an Independent Mortgage Company we do not have overlays on our loan programs and offer a full array of Residential and Commercial loan options including: Conventional, Government and Jumbo Loan Programs Non -QM Portfolio Loan Programs (Outside of the Box) In-House Private Lending (Owner Occupied and Investor) Reverse Mortgages (55+ years old) Second Mortgages (Heloc, Fixed Rate and Reverse) Seller Carryback/Loan Note Buyouts Business Capital Lending Options Construction Loans As the Sole-Owner and Loan Officer I personally control our pricing model = Lower Rates! 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-Portfolio-Private-Reverse 14362 N Frank Lloyd Wright Blvd #1000 Scottsdale, AZ 85260 23 Corporate Plaza Dr. #150 Newpor...

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

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  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