Bob McCormick
Offering Our Clients Discounted Wholesale Interest Rates Since 2000 Sole-Owner/Loan Officer = Lower Rates! (No Padding Ratesheets) Low Overhead and Low Margins Residential and Commercial Lending Nmls 175743 - 179756
- Role
- President at Mortgage Quest Mccormick Lending Group, Inc
- Location
- Scottsdale, AZ, US
- LinkedIn followers
- 500 followers
About Bob McCormick
After working for banks and mortgage banking companies at the start of my career I was…
Experience
President
Mortgage Quest Mccormick Lending Group, Inc
May 2000 — Present · Scottsdale, AZ, US
It\'s Pretty Simple: Low Overhead + Low Margins = Low Rates!We average.25.50% Lower Rates versus the competition with the same or lower fees!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 have cut out the extra layers of loan officer commissions, advertising costs, office salaries, rent and ancillary expenses and pass these savings on to our clients via lower rates.We are extremely aggressive on Jumbo, Conforming and High Balance Fannie Mae/Freddie Mac, Non-QM, Reverse, USDA, FHA and VA saleable loans-Residential -Fannie Mae/Freddie Mac FHA/VA/USDA Jumbo Portfolio (Non-QM)Private Reverse (First and Second)Second Mortgages (Heloc and Heloan)-Commercial- CMBSFannie Mae and Freddie MacNon-Bank Commercial FinancingLife Company and Trust FinancingPortfolio Lending (DSCR and Lease Agreements Only)Private Lending (No Fico, No Doc, Equity Based)SBA 7(a) and 504ConstructionLine of CreditRental Portfolio Blanket LoansBridge Loans-SBA/Business-7(a) and 504Loan Amounts up to Capital LOC
Education
University of Arizona
Economics
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