Excel Commercial Capital Corporation

About Excel Commercial Capital Corporation

Excel Commercial Capital Corporation is hard money lender based in Atlanta, GA. They provide loans throughout Georgia. They provide fix and flip hard money loans, short term bridge loans, cash out hard money loans, and commercial loans. They offer loans with a maximum LTV of 75%. They make loans on the following types of properties: single family, multi-family, apartments, office buildings, retail spaces, hotels, storage facilities, senior communities, mixed use buildings, warehouse buildings, industrial facilities, medical offices, and raw land.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land

Areas Served: GA

Lending Guidelines for Excel Commercial Capital Corporation

Below are the general loan guidelines published on the Excel Commercial Capital Corporation website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Excel Commercial Capital Corporation.

Loan Example 1

Maritza is an investor in Atlanta, GA. She locates an older property and decides to remodel it and sell it for a profit. The house costs $220,000 but she doesn't have the full amount so she takes out a hard money loan with Excel Commercial Capital Corporation. The borrower will need to bring 30% of the purchase price in cash to the closing based on a 70% loan-to-value stipulated by the lender. This makes the loan principle from Excel Commercial Capital Corporation $154,000. The parameters of the deal also include a one point origination fee that is to be paid at the closing and a 18 month, interest only note with a 14% rate of interest.

The borrower will need to contribute a total of $32,400 upon closing to cover the $66,000 down payment plus the $1,540 origination fee. she must then pay $1,797 monthly to Excel Commercial Capital Corporation. If she sells the renovated house for $297,000 at the end of the 18 month term, her gross profit (not including renovation costs) would be $43,120. This is calculated by taking the purchase price ($297,000) and subtracting the original note amount ($154,000), the origination cost ($1,540), the money she contributed to closing ($66,000), and the total interest payments ($32,340).

Loan Example 2

Excel Commercial Capital Corporation issues a fix and flip loan to Tyler for a rehab project in Atlanta, GA. The loan includes the following:

a) A $360,000 purchase price, b) a 55% loan-to-value (LTV), c) a 18 month term, d) a 13% interest rate, and e) a 5% origination fee.

Tyler plans to list the house when the note expires for $432,000. If he achieves this goal, the outcome will be as follows:

$432,000 sales price
- $198,000 principle on note (55% LTV)
- $162,000 cash paid at closing (45% on 55% LTV)
- $9,900 origination fee (5% of the $198,000 principle)
- $38,610 total interest paid (18 months x 13% interest)
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= $23,490 total profit (does not include taxes or renovation costs)

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