Residential and Commercial Lending

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...

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   ...

We offer Bridge Loans for borrowers who want to purchase a new property prior to selling their current property.  Great rates, flexible terms and no upfront cost or monthly payment options available!   * Purchase without a contingency *No need to liquidate savings or stock accounts *Options to defer monthly payments *Cross-Collateralization options  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

First-Time Home Buyer Government Programs for 2025 Buying your first home can be challenging, especially when it comes to getting approved for a mortgage and coming up with the down payment. Thankfully, there are plenty of first-time home buyer government programs that can make things easier. Government loans for first-time home buyers There are several government loan options that are worth exploring if you need a little extra help qualifying for a mortgage: FHA loan:  580 credit score, 3.5% down HomeReady and Home Possible:  620-660 credit score, 3% down VA loan:  580-620 credit score, 0% down USDA loan:  640 credit score, 0% down FHA home loan FHA loans can help if you can’t afford a traditional 20% down payment or have a less-than-perfect credit score. You can put down as little as 3.5% at closing with an FHA loan.  These loans have more flexible underwriting standards and are insured by the Federal Housing Administration and issued by an FHA-approved lender...

Nationwide SBA Business Lending Available! SBA 7a and SBA 504 SBA 7(a) loans can be used for a variety of purposes, including:     Real estate :  Acquiring, refinancing, or improving real estate and buildings     Working capital :  Short- and long-term working capital, including startup costs and operating capital     Debt refinancing :  Refinancing current business debt     Equipment :  Purchasing and installing machinery and equipment, including AI-related expenses     Furniture, fixtures, and supplies :  Purchasing furniture, fixtures, and supplies     Changes of ownership :  Complete or partial changes of ownership     Multiple purpose loans :  Any of the above purposes     Business inventory :  Purchasing business inventory   Acquisitions :  Funding business acquisitions     Leasehold improvements :  Financing leasehold improvements, such...