Now is an excellent time for property investors to grow their portfolios. Savvy property investors know that opportunity exists when the market is volatile. In fact, single family rentals typically see a surge during times of recession. With a market and mortgage products that keep changing, investors who are new and those with experience might appreciate the advice. We have put together information for property investors and Realtors who work with investor clients. Our Investor Cash Flow product is being offered that qualifies investors on cash flow – no tax returns or employment information is required. Opportunity exists and there...

Changes in the market are happening daily and it’s hard to keep up! We have compiled some updates you might find interesting to share with your buyers. Inventory is low but the market is favorable. Anyone interested in buying should consider doing so now. We have our traditional options AND non-traditional loan products ready for buyers with varying circumstances such as options for self-employed buyers, property investors and those needing Jumbo loans. Here is the latest information you should know about the housing and mortgage industry: Home Prices Are Up This is great news! According to Realtor.com, median home prices have increased 4.3%...

All homeowners should be aware of the housing market as it could affect the value of one your largest investments. As well, if you are thinking of selling or refinancing or know someone who wants to buy, sell or refinance this information is helpful. Here is the latest information you should know about the housing and mortgage industry: Home Prices Are Up This is great news! According to Realtor.com, median home prices have increased 4.3% year over year for the week ending June 6, 2020. Why? The total number of listings are down. If any of your neighbors, family or friends are thinking...

Mandie Anderson is a licensed branch manager here at Angel Oak Home Loans her clients trust as a valued resource. We would like for you to get to know her even better! Mandie is a top producer and President's Club recipient and also a fighter! She is a retired professional boxer but her fighting strength far exceeds the ring. She has quite an inspirational story growing up in public housing. Mandie overcame many obstacles to achieve success. She enlisted in the Army after high school, raised two sons (one is in the Air Force), and worked extremely hard to achieve the...

We celebrate homeownership every day, but we particularly love June for being National Homeownership Month. In case you were wondering, this started as a week-long celebration in the 1920s created by local real estate associations and progressed to a month-long celebration created by HUD. Angel Oak Home Loans supports this by helping people realize the dream of responsible homeownership. We are here to advise people who are ready to purchase a home close their loan as quickly as possible. As well, we are ready to listen to those who need to discuss their circumstances and understand the steps to take to...

Did you have the best intentions for home improvements during the quarantine, but it fell by the wayside? It’s not too late! Get on it while you’re still at home. We have some great suggestions for things you should consider for your home while you have the time. Do you have kids at home who are out of school and bored with no where to go? Get them involved for a fun family project! Paint Trim or Rooms Paint is an inexpensive way to freshen up any room even if it’s just the trim. Painting trim makes rooms look brighter and cleaner....

We have options that might help buyers purchase right now even if they don’t qualify for conventional financing. Along with traditional loan products we are offering Bank Statement, Platinum Jumbo and Investor Cash Flow. Contact us today about Agency loans as well as our non-QM options that include: Bank Statement: For self-employed buyers who need to qualify using business bank statements. Investor Cash Flow: Property investors can build their portfolios with our product that qualifies based on cash flow and does not require tax returns or employment information. Jumbo: We might be able to help buyers who want to purchase a home outside of conforming limits with...

Rick Dail is a licensed mortgage advisor here at Angel Oak Home Loans you know and trust. We would like for you to get to know him even better! Rick enjoys riding bikes, frisbee golf, and traveling. He has been married for 24 years, has two kids, and a dog named Lexi. Another favorite hobby is watching his kids ride horses and play soccer. His favorite sports team is the Chelsea FC soccer club and UNC basketball. Rick is an Eagle Scout which is a testament to the leadership he brings to our team. Rick’s superior customer service started with his...

Right now many people are budgeting to determine how best to control their finances and fund their goals, whether it is a home improvement project or lowering debt. One way to do that is to refinance your mortgage through a cash out refinance and use your equity. A refinance can help save a lot of money over the life of a loan and could even lower your monthly payment. A cash out refinance could help with: Funding tuition, a business, or home renovation Eliminating private mortgage insurance (PMI) on conventional loans Accomplishing financial goals such as paying off debt Call us today...

There have been a lot of changes in the mortgage industry lately and more are coming. We are here to take any questions, listen to concerns and keep you updated. There are a few things that haven’t changed though – our commitment to excellent customer service and providing loan products to help homebuyers achieve the dream of homeownership. With so much information regarding rates and what to expect over the next few months we are happy to keep you posted. Please check in with us online or call one of our licensed mortgage advisors. Here is the latest information that we...