Residential-Commercial-SBA-Private Lending

2025 Fannie Mae and Freddie Mac Conforming Loan Limits are Now Available! $806,500! 3% Minimum Down Payment For Owner Occupied Owner Occupied, Second Home and Investment 620 Minimum Fico Score Contact Us With Any Questions  www.McCormickLendingGroup.com   Bob McCormick, President Call 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 "Don't Overpay For Your Mortgage!" mb0903631 nmls175743 nmls179756 Cadoc603J043 Equal Housing Lender

                                         Life Insurance Company Commercial Mortgage Loan Options (Easier Loan Process than Government or CMBS Loans) "Lifeco" loans, or loans from life insurance companies, are  a type of commercial real estate financing that offer mid to long-term, fixed-rate, and non-recourse options , often with lower rates and longer amortizations than other commercial real estate loans.   Here's a more detailed breakdown: Key Features of Lifeco Loans: Long-Term Financing: Lifeco loans are typically designed for long-term holding periods, often with terms exceeding 10 years, sometimes up to 15 or 20 years.   Fixed Interest Rates: Interest rates are usually fixed at the time of the loan application, providing borrowers with greater certainty and predictability.   Non-Recourse: These loans are generally non-recourse, meaning the len...

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   ...

    It's Pretty Simple: Low Overhead + Low Margins = Low Rates! Almost 25 years ago, after working for large banks and mortgage banking companies, I figured out how to operate a mortgage company using a business model which allows us to offer ultra-low interest rates for our clients. By receiving Wholesale Interest Rates, and as the sole-owner/loan officer, I personally control our pricing model which keeps our rates very low versus the competition. We DO NOT have: High Office Rents High Administrative or Processing Staff Salaries Middle Management Salaries Loan Officer Employees (loan officers get paid by increasing interest rates that homeowners pay) Processing Fees Application Fees Loan Document Fees Only One Rate Sheet To Utilize (we hedge lenders) If you have any questions please contact me today. Visit us at www.McCormickLendingGroup.com Bob McCormick, President Office 800 328-0144 Email McCormickLending@gmail.com 14362 N. Frank Lloyd Wright Blvd. #1000 Scottsdale, AZ...

  A mortgage buydown, also known as a mortgage rate buydown, involves paying an upfront fee in exchange for a lower mortgage interest rate. The rate reduction can either be temporary or permanent, depending on the buydown type.   There are several types of buydowns. Here’s an overview of some of the most common mortgage buydown options. →   2-1 buydown . A 2-1 buydown agreement provides a lower interest rate for the first two years of your  mortgage. Typically, your rate is reduced by 2 percentage points in the first year and 1 percentage point in the second year, which is how this type of buydown gets its name. You’ll pay the full interest rate starting in the third year and for the rest of the loan term. →   3-2-1 buydown . With a 3-2-1 rate buydown, you receive a lower interest rate for the first three years of your home loan. Your rate is reduced by 3 percentage points in year one, 2 percentage points in year two and 1 percentage point in year three. F...

  Commercial Lending Options We utilize the same low cost pricing model as we offer our residential customers. By using our own internal funding or partnerships with Banks, GSE's (Fannie Mae, Freddie Mac and HUD), CMBS, midsize to large insurance companies, wholesale conduit lenders, portfolio and 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.  Loan amounts from $50,000 to over $75,000,000+. Programs Offered Private and Portfolio Lending  SBA - 7(a), Express, Working Capitial, 504 Insurance Company Lending Conventional and Non-Bank Commercial Cross Collateralization Commercial Construction Mezzanine/Bridge Loans Joint Venture Business Working Capital  Equipment Financing Property and Business Types Office Retail Multifamily Industrial Mini-Storage Construction Rental Portfolios Raw La...

  We are a full service lending company specializing in Residential-Commercial-Portfolio-Private-Reverse-Business Lending Almost 25 years ago, after working for large banks and mortgage banking companies, I figured out how to operate an independent lending company using a business model which allows us to offer ultra-low interest rates for our clients. We utilize extremely low operating costs and margins. Also, by receiving Wholesale Interest Rates and, as the sole-owner/loan officer , I personally control our pricing model , which keeps our rates very low versus the competition as we have cut out most layers of expenses (high office expenses, processing fees and extra loan officer commissions). We then pass these savings on to our clients via lower rates and costs. Having closed thousands of loans during my career I have handled most every loan situation imaginable which enables me to secure the best mortgage or loan for my clients. Loan Programs Offered Residential Convent...

  Portfolio Commercial and Investor Lending (Low Documentation) Qualifying based solely on Lease Agreements and/or Rent Schedule No Business or Personal Tax Returns or P&L Statements Loan Amounts up to $5,000,000 30 Year Fixed Rate with Interest Only Option and No Balloon Minimum Fico of 650 Lower rates and longer terms than Hard Money Non- Recourse Property Types Bridge Acquisition and Construction Rental Portfolio Office, Retail, Warehouse Multifamily 5+ Units, Mixed Use Self Storage, Automotive SFR, Condo and 2-4 Units Nationwide Feel free to contact me with any questions or scenarios Visit us at  www.McCormickLendingGroup.com Residential-Commercial-Portfolio-Private Lending  Bob McCormick, President   Toll Free 800-328-0144 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