We are proud to announce our latest milestone funding over $10 billion in non-QM lending since our founding. Angel Oak has over 26,000 loans funded which is testament to our commitment in the  non-QM space. We are not slowing down already working on our next volume milestone. Mike Fierman, managing partner and co-CEO of Angel Oak Companies says it best, “The mortgage industry, at its core, is a business about people...

Higher priced luxury homes are in demand! According to the National Association of Realtors, record-setting transactions are occurring across the country that includes the priciest homes for sale. They report that home sales priced over $1 million increased 244% year over year in May. Lawrence Yun, chief economist at the National Association of Realtors stated that this is because “Wealthier Americans have benefited greatly during the pandemic thanks to the...

Already thinking about football, planting fall flowers, and holiday gatherings….but in a new home? Great! Call us. There is plenty of time to listen to your circumstances, determine eligibility and walk you through the steps to your new front door. We are experienced in various loan scenarios from self-employed homebuyers who can’t qualify using tax returns to people just one to two years out of foreclosure, bankruptcy or other credit events....

Please do not automatically turn homebuyers away because they have a complicated financial situation. We are experienced in loan challenges – we close them easily and quickly every day! What should you do when you aren’t sure your client will qualify? Call us first! Realtors have lost deals turning away these homebuyers: Advising a self-employed buyer to not claim tax deductions for two years so they can qualify for a conventional loan. A Bank Statement loan...

We like to share frequently asked questions and our answers knowing that many others might want the same information. Our volume of mortgage applications, especially those for non-traditional loans, are increasing for those wanting pre-approval. Plenty of homebuyers are closing quickly despite the challenges in the market and you can too! Reach out for more details about these questions Your path to a new home starts with a conversation!   I am self-employed and...

Due to today’s market challenges non-QM is more important than ever. In fact, our volume of non-QM loans has increased this year. We are closing more Bank Statement loans for self-employed homebuyers, non-QM Jumbo, and Portfolio Select loans for those just a few years out of credit events. Do not turn away a homebuyer because you think they might not qualify. Chances are we have a loan product that can close...

The market has changed and many homebuyers can’t qualify for an Agency loan. Why? Fannie Mae and Freddie Mac have imposed stricter guidelines. More homes now fall outside the conforming limits and there is an increase in Prime Jumbo fall-out. Many self-employed people take allowed tax deductions and can’t qualify using their tax returns. Let other Realtors decide they aren’t up for the challenge. And don’t tell them this…..most of these...

Angel Oak Home Loans (“Angel Oak”), a leading full-service retail mortgage lender, announces the opening of two new branches located in Centennial, Colorado, and Natchez, Mississippi. Michael Chabot, VP, licensed area manager at Angel Oak Home Loans, will lead the lender’s Colorado branch and Britni Gwin will manage the Mississippi office. These two branches mark the firm's 6th branch opening in the span of 30 days. Learn more about our newest branches and how...

Today's market challenges are exactly WHY you need to work with Angel Oak Home Loans! -We have Jumbo options such as non-QM Platinum Jumbo that other lenders do not have. -If you don't qualify for Prime, we simply move eligible homebuyers into Platinum Jumbo without delays. Another lender may simply turn you down. -Our non-QM Platinum Jumbo allows only four years out of foreclosure, short sale, bankruptcy, or deed-in-lieu. Prime requires seven years out of...

Senior Vice President, Divisional Manager Mac Cregger was featured in an article published in Bankrate:  Pros and cons of mortgage prequalification. The article takes a look at why homebuyers may consider going through the prequalification process. Mac offers valuable insight into how this process can help homebuyers get a better understanding of their budget and the options available to them. Read More    ...