Welcome to Excel Lending!

Since 2005, our commitment to keeping costs low, has allowed us to provide industry leading rates to our qualified borrowers.

Excel’s Popular Loan Programs and Rates:
Loan Program	Rate	Points	APR
30 Year Fixed	3.625%	0	3.685%
30 Year Fixed	3.750%	-1.000	3.750%
15 Year Fixed	2.875%	-0.125%	2.963%
15 Year Fixed	3.000%	-1.000%	3.000%
Jumbo 30 Year Fixed	4.450%	0	4.467%
Date Updated: May 17, 2012

At times, we have Rebate Points. Here is what that means to you.
Traditionally, a Point is a fee you pay to reduce your interest rate. A Rebate Point however, is a credit applied to your closing costs, escrow account and prepaid items.

Examples of Rebate Points at work.
Example 1: A 30 Year Mortgage for $250,000, with a point value of 0% equals a rebate of $0. Your closing costs are approximately $1860.

Example 2: A 30 Year Mortgage for $250,000, with a point value of -1.000% equals a rebate of $2,500. Closing costs are approximately $1860, therefore the costs are paid and the remaining $640 will go to your escrow account and/or pre-paid items.