mortgage quest (mccormick lending group, inc.)

What mortgage quest (mccormick lending group, inc.) does

Mortgage Quest (McCormick Lending Group, Inc.) is a private, owner-operated mortgage brokerage founded in May 2000 by Bob McCormick, who serves as the sole owner and loan officer. Operating under the legal entity McCormick Lending Group, Inc. (NMLS #175743, AZMB #0903631, CFL #603J043), the firm originates residential, commercial, and business/SBA mortgage loans for borrowers in Arizona and California, supported by offices in Scottsdale, AZ and Newport Beach, CA. Its product portfolio spans conforming and jumbo residential loans (up to $5 million), FHA/VA/USDA, non-QM and portfolio/private loans on the residential side, and CMBS, Fannie Mae/Freddie Mac, life-company, bridge, private/hard money, and SBA 7(a) and 504 lending on the commercial and business side.

The business operates on a wholesale interest-rate pricing model combined with very low operating margins, allowing the firm to pass through tighter rates than retail-channel competitors. Distribution is referral-driven and relationship-based, leveraging Bob McCormick's 30+ years of industry experience and a clean regulatory record (zero Better Business Bureau and zero Arizona regulatory complaints since founding). Customers reach the firm through a content website (mccormicklendinggroup.com), a blog (mccormicklending.blogspot.com), direct phone/email contact, customer testimonials and word-of-mouth referrals, and a self-service online application portal.

Revenue is generated through loan origination fees and interest-rate spreads on funded mortgages, with no disclosed revenue figure. The core technology stack is a standard mortgage lending platform with online application intake and a payment calculator — no proprietary features, APIs, or AI/automation layers are disclosed. The company holds supporting wholesale relationships with banks, midsize insurance companies, equity capital providers, and private/hard-money lenders, which underwrite the breadth of loan products offered. Headcount is 1-10 employees, consistent with the sole-loan-officer operating model.

Name

mortgage quest (mccormick lending group, inc.)

Legal name

McCormick Lending Group Inc.

Website

https://mccormicklendinggroup.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Mortgage Quest (McCormick Lending Group, Inc.) is a private Arizona- and California-licensed mortgage brokerage founded in 2000 by sole owner Bob McCormick, originating residential, commercial, and SBA mortgage loans through a wholesale-rate, referral-driven model.

Ownership category

akta.pro rank

Product category

Mortgage Lending Services

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Real Estate Credit (522292)

SIC

Loan Brokers (6163)

akta.pro primary industry

Retail Residential Mortgage Brokers (Purchase & Refinance) (FSALABAA)

akta.pro secondary industries

Wholesale Mortgage Lending (Broker Channel) (FSALACAA), Commercial Mortgage Brokerage (FSAEAEAB)

Keywords

• Residential mortgage lending
• Commercial mortgage loans
• SBA business loans
• Wholesale mortgage brokerage
• Mortgage refinancing services

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel

Revenue model

1. Mortgage Origination: Revenue generated through loan origination fees and interest rate spreads on mortgage loans. The company operates on wholesale interest rates combined with low operating margins to offer competitive pricing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Mortgage Quest (operating as a DBA of McCormick Lending Group, Inc.) is a wholesale-rate mortgage brokerage that originates residential, commercial, and SBA-backed business loans for borrowers in Arizona and California. Sole owner/loan officer Bob McCormick personally manages each loan from application through closing, leveraging wholesale interest rates and low operating margins to deliver competitive pricing. The firm complements its loan origination with an online mortgage calculator and a secure web-based loan application portal.

Product overview

Mortgage Quest, operating as a dba of McCormick Lending Group, Inc., offers a comprehensive suite of mortgage lending products and services. The company provides three core product lines: Residential Loans (including conforming, jumbo, FHA/VA, USDA, and non-QM options), Commercial Loans (spanning CMBS, SBA, bridge, and private lending), and Business/SBA Loans (SBA 7a and 504 programs). These are complemented by an online Mortgage Calculator tool and a web-based Secure Application portal. The company leverages wholesale interest rates combined with low operating margins to deliver competitive rates and fees, serving clients in Arizona and California through offices in Scottsdale and Newport Beach.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Loans

Quantifiable outcome

• Over 30 years of industry experience since 1994 with thousands of loans closed
• +1 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• loanDepot: loanDepot is one of the largest U.S. retail mortgage lenders and operates a wholesale/partner channel alongside direct-to-consumer origination. It competes with Mortgage Quest in the retail purchase and refinance mortgage market but at vastly greater scale, with nationwide geographic reach and a much broader product set.
• UWM (United Wholesale Mortgage): UWM is the largest wholesale mortgage lender in the U.S., supplying brokers (including small retail brokerages like Mortgage Quest) with loan products. It is comparable as a wholesale lender behind the broker channel that Mortgage Quest participates in, though UWM operates at fundamentally different scale.
• NewRez (now part of Rocket): NewRez is a national mortgage lender and servicer offering retail, wholesale, and correspondent channels with a broad product set including non-QM. It is comparable to Mortgage Quest in product breadth (retail origination + non-QM/specialty products) but operates nationwide and at far greater scale.
• Caliber Home Loans: Caliber is a national mortgage lender with retail and wholesale origination across conforming, jumbo, government, and non-QM products. Comparable to Mortgage Quest in offering non-QM and specialty loan programs, but Caliber operates at institutional scale with nationwide geographic reach.
• CrossCountry Mortgage: CrossCountry Mortgage is a large multi-channel mortgage lender (retail, wholesale, correspondent) with a broad product set including conventional, government, and specialty programs. Comparable to Mortgage Quest in offering diversified origination products but at national scale with hundreds of branches.

Direct peers

• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM lender focused on alternative documentation, bank statement, and non-prime programs, distributed primarily through the wholesale/broker channel. Directly comparable to Mortgage Quest's non-QM and alternative-doc product offering, which similarly targets self-employed and non-traditional borrowers.
• SBA lenders: SmartBiz, LiveOak Bank: SmartBiz and LiveOak Bank are established SBA 7(a) and 504 lenders that originate small-business loans through broker and direct channels. Comparable to Mortgage Quest's SBA 7(a)/504 product line, although SmartBiz operates a tech-enabled marketplace model and LiveOak is a bank rather than a brokerage.

Emerging players

• Kiavi (formerly LendingHome): Kiavi is a technology-enabled private/hard money lender focused on real estate investors and rental property financing with a digital application flow. Comparable to Mortgage Quest's investor/portfolio financing segment (blanket, rental, bridge loans), though Kiavi differentiates via tech-led underwriting rather than personal broker relationships.
• Better.com: Better.com is a digital-first mortgage lender competing on speed, transparent pricing, and direct online origination for purchase and refinance. It competes with Mortgage Quest for the same AZ/CA borrowers but with a fully digital experience rather than personal broker-led service.

Regional players

• Newport Beach-based boutique brokerages (e.g., W.J. Bradley, All Western Mortgage): Regional mortgage brokerages operating in the same Western U.S. footprint (CA, AZ, NV) with similar retail/concierge origination models and product breadth including non-QM and jumbo. Comparable in scale to Mortgage Quest—small, owner-operated, referral-driven—and competing directly for the same AZ/CA homeowner and investor segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mccormick-lending-group-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about mortgage quest (mccormick lending group, inc.)