Real estate plans are changing for the next generation of American homebuyers May 28, 2015 Popular rhetoric describes millennials as a generation starkly different from those previous – preferring urban apartment rentals over suburban homeownership, walking-distance to local coffee shops over driving to Starbucks, delayed marriage and childbirth, and digital interaction over face to face encounters. Differences in lifestyle choices and spending habits appear to be influenced by the larger economy rather than a radically different social mindset though, and as millennials grow up, we are seeing that they too are interested in buying homes. According to Trulia, 72% of adults ages 18...

Every generation has unique characteristics - here's how the millennials are changing the future of first time homebuying June 10, 2015 Millennials are often ignored and overlooked in discussions on the state of the housing market, but the sheer size of the generation means that even their smaller movements impact society. Here are some of the ways millennials are changing home buying. Student Debt In the past, young adults acquired their first major loans with the purchase of a fancy car or a home. By contrast millennial enter into adulthood already burdened with student loan debt, as widely discussed in politics and the media....

Though finances in the process of buying a home are a crucial consideration not to be ignored, we would like to highlight some of the other significant and measurable benefits to buying a home July 21, 2015 When weighing whether renting or buying a home is a wiser decision, most people only consider the financial aspect involved: what should turn out to save more money in the long run. Though finances in the process of buying a home are a crucial consideration not to be ignored, we would like to highlight some of the other significant and measurable benefits to buying a...

Thanks to the diverse range of specialty mortgage loan programs offered by Angel Oak Home Loans, traditional issues such as a thin credit file or low credit score do not prevent prospective homebuyers from obtaining a mortgage loan anymore. July 29, 2015 Prospective homeowners without the credit or down payment necessary to purchase a home through traditional lenders have long had to sit on the sidelines, watching home prices shoot up. The standard 20% down payment is often far more than most young households, first time home buyers, or those of poor credit are able to save for. Without the proper credit...

Corporate culture in mortgage careers has a way of permeating through almost all aspects of employee life September 1, 2015 Corporate culture has a way of permeating through almost all aspects of employee life, even outside of work – a major reason many prospective high-caliber job seekers emphasize workplace culture and atmosphere over opportunity and even compensation. These job seekers know that a negative and harmful company culture can have the unfortunate effect of becoming overwhelming and discouraging, ultimately driving out a company’s current and potential best employees. LinkedIn points out an interesting trend – what it calls a “flocking to small...

Power jumbo mortgage loan program offers home buyers the chance to buy the house of their dreams September 25, 2015 Continuing in the Angel Oak tradition of offering innovative new mortgage products, Angel Oak Home Loans is pleased to announce the launch of the Power Jumbo mortgage loan program, increasing home ownership opportunities for new home buyers across the country. The power jumbo mortgage loan offers a very low 10% down payment on loan values up to $1,500,000. The new jumbo mortgage loan offering can be used for your purchase of a 2nd home. The 30-year fixed jumbo mortgage loan allows clients...

Corporate culture in mortgage careers has a way of permeating through almost all aspects of employee life Corporate culture has a way of permeating through almost all aspects of employee life, even outside of work – a major reason many prospective high-caliber job seekers emphasize workplace culture and atmosphere over opportunity and even compensation. These job seekers know that a negative and harmful company culture can have the unfortunate effect of becoming overwhelming and discouraging, ultimately driving out a company’s current and potential best employees. LinkedIn points out an interesting trend – what it calls a “flocking to small organizations.” The...