Excelerate Capital CEO explains why he’s confident non-QM will continue to grow despite downturn Non-qualified mortgage (non-QM) loans have grown more popular with brokers and lenders. However, challenges are emerging. As inflation woes and rising borrowing costs persist, even the booming non-QM sector faces margin compressions due to reduced purchase and refinance loan volumes. “Whenever … Continued
For those failing to bump rates fast enough, the outcome could be a portfolio of underwater loans, mortgage-industry executives say Non-QM lender First Guaranty Mortgage Corp. (FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Sprout Mortgage imploded in early July, leaving its employees … Continued
Key Media Sound Cloud · MPA Talk – Non-QM in an evolving real estate market Non-QM has seen a major upswing in the past year, with a growing number of brokers now eager to embrace the product. Excelerate Capital’s answer to rising mortgage rates is by leading the charge with non-QM product iterations, allowing for … Continued
Thomas Yoon-led lender is bolstering its technology, adding staff and remains on track to conduct its first private label securitization this year. Interest rates jumped by more than 2 percentage points over the first quarter of 2021. That bolt-like spike in rates put many mortgage lenders into crisis mode. Lenders saw the value of agency … Continued
Excelerate Capital is honored to announce the new kindergarten built in Quảng Nam, Vietnam. In a collaboration with the Tam Ky Project, this new school has one classroom, two bathrooms, a kitchen, a fence around the school as well as one room for the teacher to stay overnight. Please read the letter below from the … Continued
FOR IMMEDIATE RELEASEMay 16, 2022 Newport Beach, CA – Excelerate Capital has been selected as one of the five lenders in the Non-QM category in MPA’s 5-Star Lender List for 2022. The key factors to determine a candidate for MPA’s 5-Star Lender are ranked for: Interest rates Turnaround time Customer service Technology Loan programs Marketing … Continued
We’ve all seen those post-apocalyptic films, where survivors search a desolate landscape in hope of finding shelter and contemplating an entirely new way of life. In theory, such is the case with the post-COVID setting we now find ourselves in. Beyond the obvious consequences—health, economic loss, and adapting to reimagined methods of conducting business, there … Continued
There are perks to purchasing either a condo or a single-family property and while either are great choices, let’s breakdown out the differences so you can make the best decision on your next real estate purchase. A condo or condominium is a single unit of many in a residential building(s) or complex; and while it … Continued
PERFECT TIMING TO CONSIDER MAKING A MOVE OR PULLING CASH-OUT TO REFINANCE YOUR HOME LOAN! As we’ve all heard – Rates are climbing again. It’s never predictable what the market will do, but any experienced professional will tell you that we use historical information to help us determine what will happen with rates. Inflation is … Continued
Top executives share their views on where the market is headed as it copes with spiraling interest rates Do we think that we’re in a rising rate environment? The answer is yes. Do I think non-QM is going anywhere? Absolutely not. We didn’t hit the numbers that we wanted to hit in the first quarter … Continued
Since the start of COVID, the mortgage industry has been on a tear, once it picked up from a couple of months of relative quiet. But the tide may be turning now, and Thomas Yoon, the CEO of Excelerate Capital, will tell us how things are going in this very dynamic part of the industry.Thomas is … Continued
Excelerate Capital welcomes Brian Mitchell as National Production Executive, Retail. Mitchell is a highly respected industry veteran with over 29 years of experience in the mortgage industry. As a tenured sales and operational executive, Mitchell has a proven track record of building out distributed retail platforms nationwide in varying market conditions. Recently Mitchell led the … Continued
As of March 9, 2022, Excelerate Capital is aligning revised workplace mask guidelines Cal/OSHA – Division of Occupational Safety and Health and California Department of Public Health. Per the guidance, masks are NOT required indoors, but are strongly recommended. In outbreaks, all employees must wear masks indoors and outdoors when six feet of physical distance … Continued
Thomas Yoon, CEO of Excelerate Capital, one of the leading non-QM mortgage lenders in the United States, recognizes three top Retail Division Loan Officers of 2021: Huy Tran, Daniel Carrillo, and Raul Oseguera. We celebrate these outstanding LO’s by inducting these three into the Excelerate Capital’s President’s Club. Congratulations to the following loan officers who … Continued
Thomas Yoon, CEO of Excelerate Capital, one of the leading non-QM mortgage lenders in the United States, recognizes three top TPO Account Executives of 2021: Frankie Rodriguez, Ken To, and Brent Adams. We celebrate these outstanding AE’s by inducting these three into the Excelerate Capital’s President’s Club. Congratulations to the following loan originators who have … Continued
By Bill Conroy The lender this year plans to add hundreds of new employees, nearly double its loan production, and tap into the private-label securities market. Newport Beach, California-based Excelerate Capital, a long-time non-QM lender with a growing market presence, finalized its acquisition of Castle Mortgage Corp. in early 2021 as part of a larger plan to expand its … Continued
Capital Mortgage, dba Excelerate Capital, has a new leader at the helm who will help the company evolve from a regional lender to a national non-qualified mortgage bank. The non-QM lender confirmed that its current president Thomas Yoon (pictured), will take on the chief executive officer role. He succeeds Mike Thompson, who will continue as … Continued
Castle Mortgage Corporation, a Delaware Corporation doing business as Excelerate Capital (“Excelerate” or the “Company”) has announced the promotion of Thomas Yoon to Chief Executive Officer, effective December 3, 2021. Mr. Yoon will now serve as CEO and President as he leads the Company to its next growth level. Mike Thompson, who will continue … Continued
Rising rates and an expanding gig economy are fueling the growth of the ‘non-prime’ private-label market. In the world of mortgage-financing, there exists a product line defined by what it is not — non-qualified mortgage (non-QM), non-prime, non-agency or an alternative-documentation loan. In the secondary market, these non-QM loans are in demand this year and … Continued
Excelerate Capital is fast-tracking non-traditional mortgage lending, enabling more property buyers to achieve their dreams. When Michael Thompson and Thomas Yoon set out to create a best-in-class customer experience for underserved mortgage borrowers and a working environment designed to attract and nourish the industry’s best talent, the world was a very different place. In the … Continued
Excelerate Capital, a multi-state full-service wholesale, retail, and residential mortgage banker, announced today the successful completion of its acquisition of Castle Mortgage Corporation. Headquartered in Newport Beach, California, Excelerate Capital was an early adopter of non-QM lending following the advent of the Ability-To-Repay (ATR) rule in 2014. It also provides a full range of agency … Continued
His experience at building and managing successful retail operations makes him the perfect fit to develop our firm’s retail lending channel Thomas Yoon Calculated Risk Analytics LLC, dba Excelerate Capital (‘Excelerate’) announced today that 20-year mortgage veteran Gerry Fernandez has been appointed Senior Vice President of Retail Lending at Excelerate Capital. ‘I am extremely pleased … Continued
By Thomas Yoon, CEO, Excelerate Capital During my dozen years working for others in mortgage bank operations and management, often surrounded by what seemed to be a “broken” culture, I knew what type of environment I’d like to create one day when I ran my own company. As Excelerate Capital started in 2014, I knew … Continued
Calculated Risk Analytics, LLC dba Excelerate Capital (the “Company” or “Excelerate Capital”) announced today that Thomas Yoon has been appointed President of Excelerate Capital, effective March 30, 2018. The Company also announced the addition of mortgage industry veteran Ted Ray as a Board Advisor. Both appointments are driven by Excelerate’s strategic growth plans and coincides … Continued
Excelerate Capital is proud to welcome Ted Ray to our growing family of mortgage professionals. Mr. Ray has more than 22+ years of experience in the mortgage banking industry, overseeing retail, wholesale and consumer direct lending divisions.
Source: voyagela.comToday we’d like to introduce you to Thomas Yoon.Thanks for sharing your story with us Thomas. So, let’s start at the beginning and we can move on from there.I have been in the mortgage industry for over 16 years. I started as a loan officer and moved my way up the corporate ladder. Today … Continued
We are excited to announce that Excelerate Capital is now approved to originate loans in the state of Florida.
We are excited to announce that Excelerate Capital is now approved to originate loans in the state of Florida.
Our own Thomas Yoon is debuting his new show, Yoon Know What, featuring Felix Duarte of Ticor Title OC.Learn Felix’s take on title insurance, broker previews and get a sneak peek into his mind. Did you know he could survive in the wild? https://www.youtube.com/embed/MSh-owdn8BY
Excelerate Capital, an Irvine-based Wall Street-direct mortgage lender, has named Rachel “Oanh” To as Vice President of Third Party Origination.To has more than 25 years of experience in the mortgage banking industry. She has worked for numerous firms, including Banc of California DBA Banc Home Loans, Pacific Mercantile Bank and Motive Lending. To has successfully … Continued
Excelerate Capital has been selected for the 2016 and 2017 Best of Irvine Award in the Mortgage Lender category by the Irvine Award Program.Each year, the Irvine Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image … Continued
California-based lender, Excelerate Capital, a Wall Street direct lender, tapped industry veteran Bill Conkey to head Capital Markets, announced Joseph Lam, COO. Conkey has more than four decades of mortgage experience most recently with Silvergate Bank where he headed their correspondent division.With Bill heading Capital Markets, Excelerate Capital is geared for strong growth in Non-QM … Continued
Excelerate Capital continues to expand. A new 6,000 square foot space being added to our Irvine, Ca location.