Is your client considering buying a vacation property or a second home? Now may be a great time to purchase! However, qualifying for a loan could be challenging. Fannie Mae and Freddie Mac have tightened guidelines specifically for investment and second home loans. The good news is that homebuyers have other options outside of traditional Agency loans when they work with us. At Angel Oak Home Loans we have multiple...

Have you considered buying a vacation home? A secondary property can be a great investment in your future. As well, provide a retreat to you and your family from everyday life. Now may be a great time for you to purchase a second home or a vacation property. At Angel Oak Home Loans we have options that might be right for your situation. Our investor loans are a good option for...

Working with a full-service lender like us has its advantages. For instance, we have loan offerings that other lenders do not that include non-QM products. Non-QM loans are products for homebuyers who cannot qualify for traditional Agency loans. These homebuyers simply do not fit into the Fannie Mae or Freddie Mac guideline box.  We also offer government insured loans for those who do meet the guidelines and are eligible. The bottom...

Try Our FHA, Conventional and HomeReady Products!  Advise your homebuyers to call us first as we have loan options and resources like no other lending institution! Our Federal Housing Administration (FHA) product is for homebuyers who need a lower down payment option and/or lower credit requirements. Eligible borrowers can qualify with a very low down payment based on their credit score. Our Conventional loan adheres to the GSE (Fannie Mae and Freddie Mac)...

Spring is here and the weather will soon be perfect to be outdoors. Take care of a few things around the house now so you can focus on fun later. Not only will you enjoy your home more, but can feel confident that it is good working order for your family.   These tips allow you to enjoy your time later AND protect your most important investment – your home! As always,...

We are proud to announce the members of our team who qualified for Scotsman Guide’s Top Originator list for 2020. For the past 11 years, Scotsman Guide has ranked originators based on dollar volume, most loans closed, and performance in niche areas. Congratulations to all of our Licensed Mortgage Advisors.       Scotsman Guide 2020 Top Originators award: Donnie Walton – McKinney, TX Randi Barrett – Covington, LA Richard Staley – Atlanta, GA Joseph Dollar – Atlanta, GA Debbie Bennett – Atlanta, GA Mandie...

Homebuyers call us every day asking us for help with their unique situations. Many of them have been turned away by another lender simply because they did not have another loan option for them. Many of them aren’t sure if they qualify based on changed financial circumstances, they are self-employed, real estate investors with multiple properties, and other reasons. Typically, the conversation starts with “I have a unique situation” or...

Instead of wondering if the market is favorable to move, or if you are eligible for a refinance, or how a work situation or change in financial circumstances affects getting a mortgage….why don’t you just call and ask?   That’s right – you don’t have to be ready with a new house in mind or have your mind made up that a refinance makes sense. You can just call us and have...

Advise your self-employed homebuyers to call us first as we have loan options and resources that other lending institutions do not offer. Our Bank Statement program is our most highly utilized loan product for good reason - many self-employed people cannot qualify using tax returns. Instead, they can qualify using 12 or 24 months of business or personal bank statements or 1099 earning statements.   For those self-employed or 1099 borrowers who...

Ready to move again? Have you made a list of exactly what you need and want in a new home but aren’t sure if now is a good time? The only way to know is to find out. Part of your research should be to consult a lender and share your story. Give us a call and share your goals along with your concerns. We can help you understand your options so...