Congratulations on your home purchase in 2019! Have you filed your application for a homestead exemption? In certain states, homeowners can submit an application to protect the value of their home from creditors, property taxes and the surviving spouse in the event the other homeowner spouse dies. As well, it can save you from a certain amount of taxes that you owe on your property that can equal a significant amount of money. The house must be the principal residence in order to declare a homestead. Certain restrictions apply based on the state you live in.  As well, the deadline to...

There is a lot of talk in the industry about 2020 being the year for non-QM. Even though it’s the fastest growing segment in the mortgage industry, many people are still unfamiliar with non-QM mortgage products. Angel Oak Home Loans offers non-QM in our portfolio suite of products along with traditional financing. Chances are you will hear about the benefits of it over and over this year and it could help you sell more homes to more people. To follow is some information about non-QM you may not know: Who Are Non-QM Buyers? Self-Employed – these people may have excellent credit and...

You can create inviting curb appeal even with snow covering the lawn, brown dormant lawns, bare trees or plants void of blooms. It doesn’t have to be costly, either, to make your investment look its best year-round. Here are some great ideas to make you smile every time you pull up to your home this winter. Look to colorful potted evergreens or plants with berries that can withstand cold. Enhance the front porch with a new doormat or freshly painted front door. Replace outdoor lightbulbs for a nice warm glow. Use lanterns or pottery on the porch instead of plants....

Real estate will be a top choice to invest in this year which is great news for investors. There are changes, though, that your investor clients need to know before they go to get a loan. Fannie Mae no longer allows buyers to qualify using the proposed rental income on non-owner occupied purchases unless they have a minimum of one year as a landlord. The same is true for FHA, VA and Jumbo loans. This means that a non-QM solution such as our Investor Cash Flow product will be crucial for some property investors to start to build their...

Our goal of going above and beyond for our clients certainly paid off in 2019. Our company is known as industry leaders who offer innovative mortgage loan solutions to help more people achieve homeownership. As well, we continuously grow and change to meet the needs of our clients in an ever-changing industry. Along with traditional loan financing, we offer a portfolio suite of options comprised of non-QM products. Our non-QM volume has set records throughout the year confirming our leadership in the industry. We are proud of our accomplishments in 2019 as indicated in our latest performance report. We funded a...

This time of the year many people are budgeting and figuring out how to save money to improve their fiscal health. One great way to do that is to refinance your mortgage. A refinance can help save a lot of money over the life of a loan and could even lower your monthly payment. Refinancing can also help with: Using a cash-out refinance to pay for tuition, business, or home renovation Eliminating private mortgage insurance (PMI) if you have an FHA loan Accomplishing financial goals such as paying off debt Not sure if this applies to you? Call us today to get...

Angel Oak Home Loans is excited to welcome Ed Powell as one of our new Regional Managers. Ed has an extensive background in consumer direct that will bring immense value to our company. He previously led a team of 50 loan officers and originated over $1.6 billion in 2019. Ed will lead our new consumer direct division in Charlotte, North Carolina. This allows our Charlotte branch to expand in order to keep up with the demand in this growing market. We offer traditional loan products along with non-QM through our portfolio suite of products. Ed’s background, expertise, our innovative products and...

Our 2019 President Club winners have been announced! Congratulations to the licensed mortgage advisors who achieved outstanding sales results to qualify for President's Club. We are proud of each of you and your commitment to raising the bar! We are proud to announce the licensed mortgage advisors who went above and beyond to earn the distinction of being named to our 2019 President’s Club. These experts achieved outstanding sales results and helped a significant number of people achieve the dream of homeownership. Phenomenal customer service, an adept understanding of the market, assessing borrower’s unique needs and matching the right loan product...

Angel Oak Home Loans, established in 2011, is a retail lender headquartered in Atlanta, Georgia. We pride ourselves on helping homebuyers become homeowners. Our lending practice is based on a core principal of providing consumers a variety of innovative mortgage products tailored to meet their individual home financing requirements. We respect that everyone comes to us with unique circumstances and we are ready to advise them on the very best way to meet their mortgage needs. Offering traditional loan products and a portfolio suite of programs enables us to help a larger population of people including those who did not...

Happy 2020! Based on projections for this year, it’s possible you could work with more millennials and property investors this year. They might require mortgage products other than traditional loan products to qualify. We have both traditional products and a portfolio suite of products designed to help you with the potential to sell more homes to more people. Here are a few projections and how our products fit the current market: Millennials: 36% of all homebuyers in 2019 were millennials surpassing other demographics according to the National Association of Realtors. 4.8 million millennials are set to turn 30 in 2020 and expected...