|
|
Everyone Deserves Excellent...
Service. And when it comes to real estate transactions - whether you are a first time home buyer, or are refinancing commercial property - you want to work with a knowledgeable professional who will service your mortgage with integrity and expedience. We offer competitive rates and terms with low fees. Get a quick quote online or contact us today to speak with a licensed loan officer .
For more excellent service click over to our blog for important information regarding our loan services.
FEATURED LOAN PRODUCTS
 |
- Fixed Rate Home Mortgages
- FHA and VA Loans
- First-time Homebuyer Programs
- Home Equity Loans
- Refinances
- One-time Close Construction Loans
- Debt-Consolidation
- Investment & Commercial Loans
- Much, much, more
*More Products Below
|
Customers Apply
On-Line Today
Save time and apply on-line. Excellent Mortgage's on-line app is 100% secure and easy! The process can take approximately five to fifteen minutes. You will have the opportunity to save your work and return to it later.
Once you complete your loan application, you will receive an email notifying you that we have received your application. Then, it will be reviewed by an Excellent Mortgage Loan Specialist, and you will be contacted by an Excellent Mortgage Loan Officer ready to help educate you on your best financing options.
|
|
|
 |
 Mortgage News Daily
MBS LUNCH: 10 Year Treasury Auction Results and Reactions - 1 hour ago
Posted To: MBS Commentary10 year auction has impressive demand, but for higher rates. 3.45 Bid To Cover, but 3.735 % high yield with 70.94% of the bids at high yield MBS and Treasuries both slightly better on the announcement 4.5's are now down only 2 ticks on the day at 100-29 and 10yr yields are back down to 3.72+ from 3.74+ Looking at the resistance at 3.72, that's the first challenge for the bond market if it would like to improve this afternoon. Once that breaks (if it breaks), the rest of the day is very likely "there or better," but until then, stay tuned. For the moment anyway, risks of reprice for the worse are greatly decreased, and probably favor a reprice for the better to a small extent, though I'm not comfortable assuming a rally will take place with these auction results until we've...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Loan Demand Stagnates. Only One Bright Spot in the Production Slowdown - 2 hours ago
Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 5, 2010. The survey covers over 50 percent of all US residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a look into consumer demand for mortgage loans. A rising trend of mortgage applications indicates an increase in home buying interest, a positive for the housing industry and economy as a whole. Furthermore, in a low mortgage rate environment, such a trend implies consumers are seeking out lower monthly payments which can result in increased disposable income and therefore more money to spend on discretionary items or to pay down other debt. From the release: The Market Composite Index, a measure of...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS MORNING: Losing Ground As Benchmarks Back Up - 2 hours ago
Posted To: MBS Commentary4.5 MBS down 6 ticks to 100-26 10yr Tsy about 5bps higher at 3.743 (vs. 5pm yesterday) Wholesale Trade Improves from -.8% to -.2%, but misses expectation of +.2%, no one cares Pre-Auction Concession + range dynamics weigh on 10's, MBS follow The movements in bonds this AM tells us just how focused the market is on the upcoming auction. Granted, the econ data earlier today isn't exactly "top shelf" (or even middle shelf for that matter), but without a microscope, it's hard to tell if it was even traded. The "room to run" that AQ discussed this AM in conjunction with the standard pre-auction concession is dominating the movements in the benchmark, which itself, is forcing MBS prices lower. Somewhere between an eighth and a quarter of a point has left the YSP building...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Underwriters: Loan Quality Still in Need of Improvement; Interesting FICO Score Data; Will the Fed sell their MBS Holdings? - 3 hours ago
Posted To: Pipeline PressAt the last company Christmas party, loan agents lined up on one side of the room and the underwriters on the other side. The loan agents throw fire cracker at the underwriters...and the underwriters lit them and threw them back. A long-time underwriter wrote to me and opined, "Consumers always want more than what they can afford and we gave them exactly what they wanted for the last 10 years (without any prudent financial advice). I actually like the guideline changes and feel it is necessary to eradicate some of the lackadaisicalness that I hear in some underwriter's voices. Manufacturing quality is still a problem for the Agencies, and originating mortgage companies are still closing loans that are not 100% purchasable by the aggregators upon delivery. Fannie and Freddie have technology...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS OPEN: Rates Ticking Higher Just Because They Can - 6 hours ago
Posted To: MBS CommentaryGood Morning. I've had some great coaches in my lifetime...none better than my high school/juniors hockey skipper. Many of the messages he bestowed upon me have carried over from the locker room into my professional life. One of my favorites is the K.I.S.S principle. KEEP IT SIMPLE STUPID This is incredibly relevant to the current market environment. The econ calendar isn't providing much meaningful guidance at the moment. Stocks are still showing an unwavering inclination to do what they want, when then want. Politicians are counting votes, leaving some of the most important reform debates of our era at the mercy of party lines. Fiscal affairs abroad are falling victim to heavy scrutiny AND speculation. Overall, this doesn't paint a very clear BIG PICTURE perspective. Well actually...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
 |
|
|
|
| |
|
|
 Excellent Mortgage - 500 N. Valley Mills Dr., Ste. 213 - Waco, TX 76710 Office Phone: (254) 741-9440 Fax: (254) 741-9559
We lend in the following states: TX
© 2010 Myers Internet All Rights Reserved
Powered by: Myers Internet | Admin Login
|
