About lender
Excelerate Capital is a wholesale broker and full-service mortgage loan bank that offers innovative solutions for the modern economy in the field of mortgage lending. The company provides reliable credit products at every stage of work. Excelerate Capital offers the right, reliable solutions that meet your needs and really good loan products.
Excelerate Capital provides loan solutions for small and large business owners, real estate investors, and independent contractors. The platform gives loan solutions for small and large business owners, real estate investors, and independent contractors. Excelerate Capital is a reliable company because its founder is one of the hundred best real estate specialists in the world. Additionally, all employees are profeThe company is also an Equal Housing Lender. Professionally qualified and have extensive experience in financial work.
This lender does not belong to QM and is only developing in the new market of the current economic situation. It is strengthening its technology, recruiting staff, and continuing to carry out the first securitization of private trademarks this year. Borrowers also have the opportunity to independently choose loan payment methods.
Excelerate Capital focuses on first-class customer service, which is the foundation of its business.
Pros and cons
Pros
- Quick documentation check. The documentation check has recently been reduced from more than 2 hours to less than 30 minutes. This allows the company to fully focus on service and save customers time.
- Good customer service. The Excelerate Capital team is in touch with clients 24/7, answers all their questions, and helps in solving any problems they may have. Also, specialists always listen to feedback and constantly improve the platform. This company offers the highest quality and fastest service along with a pre-qualification request, which aims to save time and money.
- Safety and reliability. The company is certified and operates completely on legal actions with a minimum number of documents. Therefore, it is easy to make loan payments quickly and safely.
Cons
- The possibility of a high commission. In some cases, the company charges a high commission for payments, which is not always convenient for clients.
Terms and conditions
Excelerate Capital is a strong platform in terms of a huge selection of services, providing a large selection of options for any request, such as a mortgage loan. The staff of the company tries to perform them as quickly as possible, with respect to quality assurance.
The functions and types of services of Excelerate Capital include:
- Loan for the purchase of housing and real estate
- Refinancing
- Credit FHA
- 30 and 15-year fixed loan
- Loan for an employee
- Credit for self-employed customers
These are the most basic types of services. In addition to them, the company provides many others. Therefore, in order to choose the right one and make the best decision for yourself and your finances, you should familiarize yourself with each of them in detail.
The company has created many unique features on its platform. One of them is an analysis of your financial capabilities. For instance, on the Excelerate Capital website, in just a couple of minutes, you can determine the amount of credit that is likely to be received based on an individual plan. Another bonus that is provided is a free consultation. On it, specialists will select a loan from the list of company services that will suit you the most. Plus, all the functions and capabilities of the company are performed online from anywhere in the world, which significantly saves time and money.
In order for the staff to review your application and get loan products, you need to provide the requested information about you, which include:
- Bank statements
- Income and expense
- Data financial calculations
- Credit history and score
- Active current bank account
- Data on the previous loan payment
The more good information about your financial condition you attach, the more likely the loan will be approved. Additionally, well-rounded history and data will allow better conditions and interest rates you will get when receiving a loan.
Funding a loan
Consideration of the application takes less than 2 hours, which will significantly save time. However, after applying for approval of the loan, you will have to wait for the final transfer of money. The waiting time will depend directly on the provided data, type of loan, and workload of the platform. Currently, the platform has significantly reduced the time frame during which you will receive a response. However, patience is still often required from clients. The platform also allows you to pre-qualify for a business loan or conventional loan absolutely free of charge and without risk to your credit history.
