Blake Adams

Experience

1. Wholesale Manager

   Excelerate Capital

   Sep 2015 — Present · Irvine, CA, US

   Here at Excelerate Capital, where we specialize in Alt-A lending. We are able to help borrowers qualify for loans that are well priced and open the doors for borrowers that may have just missed qualifying for a conventional or Jumbo loan. I have had a great deal of success in bringing these types of files back to life.Please visit our website for our Guidelines and updated rate sheets. We have some very aggressive Alt-A Programs: Alt-A Diamond – Owner Occupied & 2nd Homes – 3 Different Doc Types Available• Full Doc• 24 Months Bank Statements (Personal or Corp – OK)• 12 Months Bank Statements (Personal only)• Past Credit Issues – Short Sale-Foreclosure-BK - 1 Day Seasoning• Low FICO - 580• Loan - Up to Max LTV 80%• 50% DTI • Use primary wage earners FICO providing his/her income is > 55% of total household• Reserves – 2 Months PITI• Unlimited Cash Out for Single Family Residence• Non-Warrantable Condo’s• Gift Funds AllowedThese loans work best for those individuals that were negatively affected by the mortgage crisis and/or individuals that are Self Employed. Alt-A Diamond Plus – Investment Properties Only - 4 Different Doc Types Available• Full Doc - Max LTV 80%• Use primary wage earners FICO providing his/her income is > 55% of total household• 24 Months Bank Statements (Personal or Corp – OK) Max LTV 75%• 12 Months Bank Statements (Personal only) Max LTV 75%• Stated Income / Verified Asset – Max LTV 75%• Low FICO – 580• No 4506-T Required for Bank Statement or Stated Income• Reserves - 12 Months PITI + 2 months each additional financed property• BK Seasoning: Chapter 7, 11, 13 Dismissal - 36 Month Seasoning• BK Seasoning: Chapter 13 Discharge - 12 Month Seasoning• Foreclosure - 36 Month Seasoning• Short Sale / Deed-in-Lieu - 12 Month Seasoning

Skills

• Asset
• Credit Analysis
• Relationship Management
• Mortgage Banking
• Mergers & Acquisitions
• Real Estate Transactions
• Credit Risk
• Real Estate Financing
• Real Estate Economics
• Oil & Gas Industry
• Commercial Real Estate
• Executive Management
• Financial Risk
• Loan Servicing
• Asset Management
• Financial Structuring
• Small Business Lending
• Oil & Gas Acquisition
• Structured Finance
• Real Estate
• Valuation
• Funding
• Commercial Mortgages
• Commercial Banking
• Oil & Gas Exploration
• Refinance
• Asset Based Lending
• Portfolio Management
• Loans
• Financial Risk Management
• Mortgage Lending
• Finance
• Commercial Lending
• Underwriting
• Asset Based Finance
• Credit
• Due Diligence
• Reo
• Loan Origination
• Reverse Mortgages