Excel Mortgage Corp, USA is a local, independently owned mortgage broker. Excel was established in 2007 with a simple goal; provide excellent service, and honest rates and fees. With a combined fifty- year experience in the industry, our team has been able to guide thousands of prospective home buyers and current home owners through the sometimes-complicated mortgage process.
We have been selective in choosing our wholesale lender partners as we demand the same attention to service and competitive pricing that we know our consumers deserve. Excel offers a wide variety of conventional, jumbo, FHA, VA, and USDA loan programs. We work diligently to find the right product and program to meet your needs - not ours. We feel a great level of responsibility to our clients to educate them on the process while looking out for their best interests.
Your closing date is a top priority. We have transitioned over the years to offer more convenience to our clients by adopting paperless processing and e-doc software, which streamlines the transaction from application to settlement.
We have been selective in choosing our wholesale lender partners as we demand the same attention to service and competitive pricing that we know our consumers deserve. Excel offers a wide variety of conventional, jumbo, FHA, VA, and USDA loan programs. We work diligently to find the right product and program to meet your needs - not ours. We feel a great level of responsibility to our clients to educate them on the process while looking out for their best interests.
Your closing date is a top priority. We have transitioned over the years to offer more convenience to our clients by adopting paperless processing and e-doc software, which streamlines the transaction from application to settlement.
Services
Excel Mortgage Corp, USA was established in 2007 by Ryan Hall and Chris Pappa.
Ryan and Chris wanted to take their experience in the industry and expand it to really focus on the client.
Meeting with borrowers throughout the process, attending settlements and having a live person answering the phones are just few small ways that show the company's accessibility and dedication to customer service.
We know you by name, not just by property address or loan number.
Behind us are national wholesale lenders we work with to have your loan underwritten and approved in a timely manner.
Ryan and Chris wanted to take their experience in the industry and expand it to really focus on the client.
Meeting with borrowers throughout the process, attending settlements and having a live person answering the phones are just few small ways that show the company's accessibility and dedication to customer service.
We know you by name, not just by property address or loan number.
Behind us are national wholesale lenders we work with to have your loan underwritten and approved in a timely manner.
With a fixed rate mortgage, the interest rate stays the same throughout the life of the loan, which means your monthly principal and interest payments won't change.
You can choose a loan term between 10 and 30 years.
We offer programs with low down payments and no monthly mortgage insurance payments, plus additional options for first time homebuyers.
Commonly referred to as ARM's, adjustable rate mortgages have initial fixed rate terms of either 5,7 or 10 years.
After this term, your interest rate will adjust annually depending on current rates.
You can choose a loan term between 10 and 30 years.
We offer programs with low down payments and no monthly mortgage insurance payments, plus additional options for first time homebuyers.
Commonly referred to as ARM's, adjustable rate mortgages have initial fixed rate terms of either 5,7 or 10 years.
After this term, your interest rate will adjust annually depending on current rates.
We can help you find the financing solution that's right for you.
We'll take into account your target monthly payments given your unique credit history, employment history, income, debt and financial goals.
Based on current underwriting guidelines, we'll provide you with an idea of what terms and loan program you can expect to benefit most from given your unique situation.
We'll ask for information from you about employment, assets, residence history, etc. and ask your permission to run your credit score.
We'll take into account your target monthly payments given your unique credit history, employment history, income, debt and financial goals.
Based on current underwriting guidelines, we'll provide you with an idea of what terms and loan program you can expect to benefit most from given your unique situation.
We'll ask for information from you about employment, assets, residence history, etc. and ask your permission to run your credit score.
Not necessarily, but it will certainly help.
It is possible to get a conventional mortgage with a fico credit score as low as 620, and you can obtain a higher cost FHA mortgage with a score in the 500's.
However, be aware that the lower your credit score, the higher the interest rate could be.
The short answer is that you can get a conventional mortgage with as little as 3% down, an FHA loan with 3.5% down, and a VA or USDA loan with no money down at all.
However, with a conventional or FHA loan, you'll have to pay private mortgage insurance also knowns as PMI, if your down payment is less than 20% of the home's sales price.
It is possible to get a conventional mortgage with a fico credit score as low as 620, and you can obtain a higher cost FHA mortgage with a score in the 500's.
However, be aware that the lower your credit score, the higher the interest rate could be.
The short answer is that you can get a conventional mortgage with as little as 3% down, an FHA loan with 3.5% down, and a VA or USDA loan with no money down at all.
However, with a conventional or FHA loan, you'll have to pay private mortgage insurance also knowns as PMI, if your down payment is less than 20% of the home's sales price.
I have worked with Ryan on multiple occasions and each time he has been Fantastic!
The loan process can be quite complicated - but Ryan makes sure that everything is clear, transparent and without surprise.
Our loan closings went extremely smoothly because Ryan and Excel had everything prepared and ready ahead of time.
If an issue does arise Ryan will go above and beyond to ensure it gets addressed satisfactorily.
The closings were also stress free!
Ryan and Mary are extremely thorough, detail oriented and pleasant to work with.
The loan process can be quite complicated - but Ryan makes sure that everything is clear, transparent and without surprise.
Our loan closings went extremely smoothly because Ryan and Excel had everything prepared and ready ahead of time.
If an issue does arise Ryan will go above and beyond to ensure it gets addressed satisfactorily.
The closings were also stress free!
Ryan and Mary are extremely thorough, detail oriented and pleasant to work with.
Reviews
Be the first to review Excel Mortgage.
Write a Review
