The homebuying season may slow down during the holidays and winter months, but not for many real estate investors. They consider this time to be ideal for negotiating power when there are fewer buyers out there vying for the same property. Prospecting for real estate investors is a smart way to keep selling homes even when the market is slow! Get the word out that you work with a lender who...
Wishing you had bought a home this spring or summer so that you’d be settled in time for the holidays? It’s not too late! There might be benefits to not buy during the hot selling season. These include less competition, prices may drop due to slowing sales, and maybe you’ll have more negotiating power. If you decide that now is the right time for you, all you need is a lender...
The demand for Jumbo loans continues to increase as home prices keep going up. In fact, many markets have homes that were well below conforming limits not too long ago now in the Jumbo range. Many homebuyers weren’t expecting to need a Jumbo loan and a growing percentage of these buyers miss Prime Jumbo qualifications. In today’s market, Jumbo mortgages account for 12.4% of all purchases and refinances – an increase...
Yes, another blog about non-QM home loan products. Because that is how important it is in today’s market! Angel Oak Home Loans is closing more non-QM loans than we ever have. This is because many homebuyers or those refinancing have changed circumstances and the lending requirements are stricter. Realtors and homebuyers are calling every day after being turned away by other lenders – simply because they do not have loan options...
We have added to our line-up of portfolio non-QM loan products! Make sure your homebuyer is working with a lender who has options outside of Agency. We are issuing more non-QM loans than ever before. Other lenders might not have the products that we have and have no choice but to turn borrowers away – sometimes right before closing. Don’t let that happen in this competitive market. Have them call...
We are proud to bring back our Foreign National Program to help even more homebuyers. Our program is even better than before providing more flexibility to our customers. This mortgage loan qualifies based on the cash flow of the property being purchased or refinanced. It is simple to do and quick to close for those who meet the requirements. This mortgage is available only to those living and working outside of the United...
