30 Oct 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?
Is Portfolio Select a full doc loan?
What is the maximum loan amount for Portfolio Select?