Residential-Commercial-SBA Lending

  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 Blvd #...

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Nationwide  Commercial Lending Options Since May 2000 we have utilized our own internal funding or partnerships with domestic banks, credit unions, GSE's (Fannie Mae, Freddie Mac), HUD, CMBS, SBA, midsize to large insurance companies, wholesale conduit lenders, portfolio, private and equity capital companies for loans ranging from $50,000 to over $75,000,000+. We have the resources and long standing specialized relationships available to accommodate most every commercial and investor property loan situation with our streamlined process.  In-House Direct Private Funding  Low Doc DSCR  Commercial and Investor Loans Bank, Non-Bank, CMBS, Private Debt, Fannie/Freddie, Trust and LifeCompany SBA 7a and 504 Lending  Programs Offered Conventional and Non-Bank Commercial Fannie Mae, Freddie Mac and HUD  CMBS  Portfolio and In-House Private Lending Insurance Company Lending Trust Lending Commercial Construction Bridge Loans  Cross-Collateralization   P...

  Even though standard mortgages (Fannie Mae/Freddie Mac, Jumbo, FHA, VA and USDA) are our specialty, as an independent company we also offer Speciality Loan Programs including:  Loan Advisory, Restructuring and Debt Negotiation Services In-House Direct Capital Lending  (Residential and Commercial) up to $5,000,000 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) 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 Newport Beach, CA 92660  mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

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...