Portfolio Select

The Portfolio Select Program from Angel Oak Home Loans is designed for buyers who may otherwise “just miss” the requirements of today’s strict conventional underwriting guidelines.

  • Up to 85% Loan To Value with no Mortgage Insurance
  • Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Loans up to $2.5 million
  • Purchase and cash-out or rate-term refinance


What is Alt-A?

Alt-A is a loan classification for mortgages falling between Prime and Non-QM. Angel Oak’s Portfolio Select product is specifically for the Alt-A borrower who just misses qualifying for Prime.

Is Portfolio Select a full doc loan?

Yes, this is a full documentation loan product where the borrower is able to submit all income verification documents required by the lender. Consult a licensed mortgage advisor for requirements.

What is the maximum loan amount for Portfolio Select?

Loan amounts go up to $2.5 million. Talk to a licensed mortgage advisor about loan options that exceed $2.5 million.