Mortgage Options for "Just Missed" Homebuyers

Portfolio Select Home Loan

Our Portfolio Select mortgage loan is for homebuyers who just miss Prime qualifications.

Angel Oak’s Portfolio Select home loan is a full doc mortgage that only requires two years seasoning from a foreclosure, short sale, bankruptcy or deed-in-lieu. Homebuyers with these circumstances or other credit events may not meet the requirements of strict traditional underwriting guidelines. Portfolio Select was created specifically for these “just missed” homebuyers.

  • Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Loans up to $2.5 million
  • Up to 85% LTV with no MI
  • Available for purchase, rate-term or cash-out refinance
  • Non-warrantable condos allowed


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.


Mortgage Options for "Just Missed" Homebuyers

Need More Info?

Please provide your contact information below and a Licensed Mortgage Advisor will be in touch soon.