Our clients are often surprised by loan options we have that they were not familiar with. That is why we always suggest that clients with unique circumstances talk to us first! We might have an easy solution that could result in another home sold. Here are a few scenarios – if these come up with your clients send them our way! Property investors using a 1031 Exchange – people who are trying...

WASHINGTON--(BUSINESS WIRE)--Angel Oak Home Loans (“Angel Oak”), a leading full-service retail mortgage lender, announces the opening of a new branch in Washington, D.C. Mike Harrison joins the Angel Oak team as branch manager of the D.C. office and is responsible for overseeing the day-to-day operations as well as meeting long-term growth goals. “We hope this D.C. location will expand the offerings for current residents whether they meet traditional lending standards or require a non-traditional...

Here are a few scenarios that might relate to you: Property investors using a 1031 Exchange People who trying to sell an investment property can be hit with a tax bill from the sale of the property. A 1031 exchange can defer those taxes by exchanging one property for another by relinquishing it and exchanging it for an equally or higher valued property. A tax advisor or tax preparer can tell you...

Many homebuyers come to us with changed financial circumstances due to the pandemic asking how we can help. Jumbo homebuyers, in particular, have called us because they were turned down by another lender as they didn’t qualify for Prime Jumbo. They were turned away because that particular lender did not have another loan option for them. We have loan options in addition to traditional loans and Prime Jumbo! We have...

While we can’t offer advice on taxes or filing taxes, we can offer suggestions on what receipts and documents to keep and how to organize it all. The fun part of setting up a home is decorating and organizing the kitchen you are excited about. It is important though to take a few minutes to set up an organized system for receipts and documents that will make tax season much...

In this National Mortgage News story, CEO Steven Schwalb discusses how the pandemic and growth trends have shaped the prime jumbo mortgage market and leveraged nonbanks' position this year. By, Brad Finklestein (Read The Full Article) "The prime jumbo mortgage business is likely to benefit from the Consumer Financial Protection Bureau's recent revisions to the Qualified Mortgage and Ability-to-Repay rules, which loosen certain standards established after the financial crisis. But those offering...

Angel Oak Home Loans (“Angel Oak”), a leading full-service retail mortgage lender, announces the hiring of senior mortgage experts Sean Casey and Kristy Benson, who will lead the firm's efforts to expand their lending operations throughout the Western United States. Angel Oak expects to establish and grow retail branches in California, Washington, Oregon, Idaho, Arizona and Nevada, taking the lender’s status from regional to national. Casey joins the team as the...

We are excited to announce that Angel Oak has completed a $346 million securitization composed of non-QM loans. This is our first securitization since the COVID-19 crisis and a significant accomplishment given the challenging environment. We quickly made changes to our non-QM products knowing the importance and demand of these loans in the market. Here are highlights from our press release: AOMT 2020-2 is Angel Oak’s second securitization this year We now...

We are living in unprecedented times as this pandemic causes turmoil in the financial markets. I would like our customers and referral partners to know that Angel Oak Home Loans is moving full-steam ahead and closing loans as quickly as possible. As the loan process is constantly changing, Angel Oak Home Loans is currently operating with the following process improvements: Our employees have shifted to a 100% work from home model ...