Today we’d like to introduce you to Thomas Yoon.
Thanks for sharing your story with us Thomas. So, let’s start at the beginning and we can move on from there.
I have been in the mortgage industry for over 16 years. I started as a loan officer and moved my way up the corporate ladder. Today I am an executive at Excelerate Capital, a thriving mortgage company. I feel very fortunate and humbled. People that achieve any level of success is due to hard work and mentors that have helped them along the way. I know from my personal experience that I am where I am due to my circle of influence that have helped shape and push my career. You are only as good as the talent you surround yourself with.
Has it been a smooth road?
One thing about the mortgage industry is that it is a roller coaster of a ride. Many up’s and down’s, a very cyclical industry. In 2008 the mortgage and financial industry crashed due the subprime mortgage meltdown. It changed the industry overnight and forever. We had to re-calibrate and re-invent ourselves in one form or another. I was no exception to that rule. It was a difficult time but I am grateful as it helped my business philosophy and my vision that has allowed me to be a better person and a better leader in business.
We’d love to hear more about your business. What are you most proud of as a company and what sets you apart from others.
Excelerate Capital was formed in 2014 with the goal of providing expanded loan products to borrowers overlooked by conventional lenders. We are proud that our client’s look to us for practical solutions. We look beyond a single score and broaden our search to include context and adaptability.
I am most proud of our company’s culture. It is unusual for a finance company to have a culture that is inclusive and cares about the employees. We have an open-door policy with our employees to hear their concerns on matters of business. Our employees are our most important customers!
What sets us apart from others is that our company is one of the early adopters of NON-QM loans in the industry. We continue to innovate in the NON-QM space, creating more opportunities for more borrowers to achieve the American dream of home ownership.
Is our city a good place to do what you do?
Irvine Orange County is a great place for a mortgage company. Within a 3-mile radius, the city have more nationally recognized mortgage companies than any other city in the United States. If someone wanted to get into the mortgage industry OC is the place to be.