The good news is that rates are still low despite a slight increase in mid-September. Home prices are slowing making for a favorable market to purchase a home. These are ideal conditions for those homebuyers needing a Jumbo loan. The great news is that we have an innovative Jumbo program for loans that exceed the conforming limit. Self-employed buyers can use bank statements to verify income. Beat the competition, get prequalified now and lock in your rate. The National Association of Realtors reports that home sales were up 2.5% in July and 1.3% in August as it is hard to resist...

The year is going fast and we know you want to finish the year strong selling as many houses as possible. With this in mind, remember that we can help people who have had a recent foreclosure or short sale. Our HomeSense program is just for those with one day out of foreclosure, short sale, bankruptcy or deed in lieu including Jumbo loans. It is perfect for those with lower credit scores who don’t want to wait to buy a home. When we say, “Built for Speed. Driven by Service. Close Quickly With Angel Oak Home Loans”, we mean it! 1...

Many buyers find themselves in a situation where they have invested time with a lender only to find out their loan is rejected and they have missed their homebuying opportunity. Often times, they know upfront this could be the case. This makes for a stressful time having to start over. Our Portfolio Select program could have possibly helped them qualify if only they had known. Realtors, tell your buyers to come to us first! We can tell them whether or not they qualify for a traditional loan. The best part is, we don’t have to turn them away to find another...

No doubt you talk to many people who wish they could buy a home now but think it is not the right time. At this time of the year, many people are busy and think they don’t have time to dedicate to the loan process. Others think they won’t qualify because they don’t have excellent credit. Tell them you work with a lender who has the products, technology and customer service to get it done. They could be in a new home before the holidays! We have: MyHomeLoan Mobile App – Your clients can apply for a loan, scan and upload documents...

Realtors, Many people are taking advantage of low rates and deciding to purchase a home now before rates and home prices increase. This is a great time for any buyer to achieve their goal of homeownership. We help buyers who meet tight guidelines and qualify for conventional financing. We also have a portfolio suite of loan products for buyers who are self-employed, purchasing a home over conforming price limits, and those with lower credit scores. Count on us to have the right mortgage solution to fit your buyers with varying circumstances. Jumbo Program – Helps buyers purchasing homes over conforming limit Non-Prime – Ideal...

Angel Oak has had a very strong first half of 2019 reporting significant gains in volume. Inside Mortgage Finance recently issued an article naming Angel Oak a leader in expanded-credit mortgages (ECM) based on volume for the first half of 2019. This includes non-QM lending products. Angel Oak Home Loans offers traditional financing along with non-QM options in our portfolio suite of products. The success and demand for non-QM is backed by solid numbers – month over month and year over year gains in volume. We have been reporting increases in performance for a while now as non-QM growth continues to...

Ryan Schimpf is one of our experts at Angel Oak Home Loans committed to serving borrowers and supporting Realtors. He is known to be a reliable consultant supporting his team and clients. We would like for you to get to know him even better! Ryan is in our New Orleans, Louisiana office and joined our team in June. We are thrilled to welcome him to the Angel Oak family. He loves that we have the ability to think outside the box with our innovative portfolio suite of products that we offer along with traditional financing. He says, “The great team of...

Happy Labor Day from Angel Oak Home Loans! We love a day that recognizes all the hard work we as Americans put forth to strengthen the prosperity and well-being of our country. As always, we like to recognize those who work at serving our country, first responders, teachers, police, and firefighters. We give back to these community heroes by significantly reducing the cost of buying or refinancing a home. Contact us today about our HERO program and how to save $500 off closing costs.* When we say, “Built for Speed. Driven by Service. Close Quickly With Angel Oak Home Loans”, we mean it! Find...

Realtors, when advising your self-employed buyers make sure they have all the latest updates! Tell them Angel Oak has an excellent Bank Statement program AND we recently announced that we do not require 100% business ownership to qualify – only a minimum of 50% is needed. That is great news and can help you sell more homes to self-employed people. They really appreciate the help and might be more than happy to refer you to their other self-employed peers. The best part about this program is that we make it easy. We do not require tax documents and our Portfolio products...

We are located in beautiful Wilmington, North Carolina with many attractions that make this beach town a popular destination. The current population stands at 120,000 in the city and around 250,000 in the county. The University of North Carolina has a campus in Wilmington that continues to grow and thrive. Popular destinations include gorgeous beaches along the intracoastal waterway and the historic downtown district along the Cape Fear River. Our branch is fully staffed with eight licensed loan officers, two loan closers, processing, marketing, sales assistants and a loan disclosure specialist. We are truly your full-service local lender ready to close...