Though finances in the process of buying a home are a crucial consideration not to be ignored, we would like to highlight some of the other significant and measurable benefits to buying a home July 21, 2015 When weighing whether renting or buying a home is a wiser decision, most people only consider the financial aspect involved: what should turn out to save more money in the long run. Though finances in the process of buying a home are a crucial consideration not to be ignored, we would like to highlight some of the other significant and measurable benefits to buying a...

Thanks to the diverse range of specialty mortgage loan programs offered by Angel Oak Home Loans, traditional issues such as a thin credit file or low credit score do not prevent prospective homebuyers from obtaining a mortgage loan anymore. July 29, 2015 Prospective homeowners without the credit or down payment necessary to purchase a home through traditional lenders have long had to sit on the sidelines, watching home prices shoot up. The standard 20% down payment is often far more than most young households, first time home buyers, or those of poor credit are able to save for. Without the proper credit...

Corporate culture in mortgage careers has a way of permeating through almost all aspects of employee life September 1, 2015 Corporate culture has a way of permeating through almost all aspects of employee life, even outside of work – a major reason many prospective high-caliber job seekers emphasize workplace culture and atmosphere over opportunity and even compensation. These job seekers know that a negative and harmful company culture can have the unfortunate effect of becoming overwhelming and discouraging, ultimately driving out a company’s current and potential best employees. LinkedIn points out an interesting trend – what it calls a “flocking to small...

Power jumbo mortgage loan program offers home buyers the chance to buy the house of their dreams September 25, 2015 Continuing in the Angel Oak tradition of offering innovative new mortgage products, Angel Oak Home Loans is pleased to announce the launch of the Power Jumbo mortgage loan program, increasing home ownership opportunities for new home buyers across the country. The power jumbo mortgage loan offers a very low 10% down payment on loan values up to $1,500,000. The new jumbo mortgage loan offering can be used for your purchase of a 2nd home. The 30-year fixed jumbo mortgage loan allows clients...

Homeownership, without a doubt, is a pivotal step for many seeking to gain control their finances. Many qualified home buyers unfortunately remain unaware how beneficial homeownership can be for them, often under the belief that homeownership cannot yet apply to them. Potential homeowners are often inhibited by a perceived unaffordability in home pricing, low or bad credit scores, a lack of knowledge on the home buying process, and current student loan or credit card debt volume. Without consulting a licensed mortgage advisor though, it is often impossible to truly ascertain one’s ability to purchase a home. In a recent survey of...

The ability to find information online anywhere, anytime serves as an increasingly useful gateway to information for prospective home buyers. Though one might assume home buyers using digital mediums during the process of purchasing a home would prefer to do things on their own, data suggests otherwise. Home buyers are actually more likely to real estate agents and licensed mortgage advisors to reach out for assistance. They are more likely to do research on types of low down payment or FHA mortgage loans and see what may be best suited for them, contacting local mortgage professionals once their decision has...

First time home buyers struggling to meet down payment requirements for their mortgage loans often find the underwriting standards and loan limits difficult and constraining when seeking a mortgage loan. These first time home buyers are often millennials who have had less time to save up for the necessary down payment costs. Mortgage loan down payments cover typically 20% of the home purchase value, a significant amount to amass, especially against surging and ballooning Florida home values. Angel Oak Home Loans is a national mortgage lender focused on creating opportunities for home buyers. Angel Oak Home Loans offers a gift down...

Self-employed and having difficulty obtaining a mortgage? - No Tax Returns Required - Personal Bank Statement qualified based on 12 or 24 month average monthly deposits** - Business Bank Statement qualified based on 24 month average monthly deposits** - 620 Minimum Credit Score - Up to 90% LTV (No MI) allowed on Personal and Business - Loans to $3 Million (Minimum $150,000) - Interest Only Available* - 5/1 ARM or 30-year fixed - 2 Years Seasoning for Foreclosure, Short Sale, Bankruptcy, Deed In Lieu - Owner-Occupied, 2nd Homes, Investment Properties allowed - Non-Warrantable Condos Considered - Gift Funds Allowed - No Pre-Pay Penalty for Owner-Occupied and/or 2nd Homes - SFRs, Townhomes, Condos, 2-4 Units -...

Winners will be announced at the Ellie Mae Experience 2016 user conference January 27, 2016 Atlanta, GA - January 27 2016 - Angel Oak Home Loans today announced that it has been named a 2016 Ellie Mae Hall of Fame awards finalist for Exceptional Achievement in Business Growth, an honor given each year to mortgage companies that have distinguished themselves in their use of Ellie Mae technology. The Ellie Mae Hall of Fame recognizes the best and brightest companies who use Ellie Mae’s Encompass all-in-one mortgage management solution. The winners will be announced Wednesday, March 2, 2016 at the Ellie Mae Experience 2016...

March 31, 2016 If you’re looking to buy or sell a home in Florida this year, you might notice that it’s a different crowd shopping around alongside you this time around. Young people, colloquially known as millennials, are becoming more intentional about homeownership and looking to become first time homeowners. As this millennial generation grows older and the current home lending environment makes for a compelling argument to purchase a house, young working professionals are taking notice. Below are five factors millennials are citing as a reason they’re now considering homeownership. Jobs Florida has proven to be a great state for young people searching...