Residential
Excelsior not only provides traditional residential mortgage lending, but non-owner occupied residential programs as well. Whether helping a borrower obtain cashout from an investment property or providing a bailout option to avoid foreclosure, Excelsior offers unique solutions to a variety of loan scenarios.
- Acquisition or refinance
- 1st mortgages
- Max loan amount of $1.5MM+
- Cross-collateralization OK
- Will consider loans in OR, WA, CA, and ID
Submission Requirements
- Signed 1003 (borrowers application)
- Preliminary title report
- Credit report
- Appraisal (if available)
- Letter of Explanation
In certain situations, Excelsior will consider lending on owner-occupied residential properties, assuming certain loan parameters can be met. Please contact an AE to discuss loan specifics.
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