Bonnie Barnes, branch manager in Wilson, North Carolina, is a mortgage expert you know and trust. We would love for you to get to know her even better. When she isn’t busy helping homebuyers achieve the dream of homeownership, she loves spending time with family, gardening, reading and painting. She has a daughter, grandchildren, and her rescue dog Charlie. Charlie the rescue dog provides an excellent exercise regimen for Bonnie and her husband. He keeps them busy but he is definitely loved! She is an Angel Oak Home Loans top producer, President’s Club winner, and ranked on Scotsman Guide’s National Top...

Is it possible to buy or sell a home during the COVID-19 crisis? It may be possible, but it is much different than just a short while ago. If you are in good financial standing and must sell or buy it is possible. The most important thing to understand is that laws and guidelines vary from state to state. With this in mind, it is crucial that you talk to a lender. A trusted lender can let you know what the real estate market looks like in your area and the types of mortgage loan products available now. Explain your...

JP Meglio is a Branch Manager and the #1 volume originator nationwide at Angel Oak Home Loans in 2019. You know him as a trusted resource and expert in the industry. We would like for you to get to know him even better! JP brings 17 years of expertise in the home lending industry. He is a trained chef to the stars in Hollywood and graduated from the Culinary Institute of America in New York in 1993. He left the hospitality business in 2003 and has had a successful career in lending ever since. He grew up living in Los Angeles and...

Donnie Walton is one of our experts at Angel Oak Home Loans committed to serving borrowers and supporting Realtors. We would like for you to get to know him even better! Donnie is a top producer, 2019 President’s Club Winner and serves as our licensed branch manager in McKinney, Texas. He is a veteran who proudly served our country in the U.S Army. He entered the mortgage industry in 2007 and also worked as an engineer. Donnie attributes much of his success as a mortgage originator to his diverse background which has given him the skills to effectively communicate with each...

There is a lot of talk in the industry about 2020 being the year for non-QM. Even though it’s the fastest growing segment in the mortgage industry, many people are still unfamiliar with non-QM mortgage products. Angel Oak Home Loans offers non-QM in our portfolio suite of products along with traditional financing. Chances are you will hear about the benefits of it over and over this year and it could help you sell more homes to more people. To follow is some information about non-QM you may not know: Who Are Non-QM Buyers? Self-Employed – these people may have excellent credit and...

You can create inviting curb appeal even with snow covering the lawn, brown dormant lawns, bare trees or plants void of blooms. It doesn’t have to be costly, either, to make your investment look its best year-round. Here are some great ideas to make you smile every time you pull up to your home this winter. Look to colorful potted evergreens or plants with berries that can withstand cold. Enhance the front porch with a new doormat or freshly painted front door. Replace outdoor lightbulbs for a nice warm glow. Use lanterns or pottery on the porch instead of plants....

Real estate will be a top choice to invest in this year which is great news for investors. There are changes, though, that your investor clients need to know before they go to get a loan. Fannie Mae no longer allows buyers to qualify using the proposed rental income on non-owner occupied purchases unless they have a minimum of one year as a landlord. The same is true for FHA, VA and Jumbo loans. This means that a non-QM solution such as our Investor Cash Flow product will be crucial for some property investors to start to build their...

Our goal of going above and beyond for our clients certainly paid off in 2019. Our company is known as industry leaders who offer innovative mortgage loan solutions to help more people achieve homeownership. As well, we continuously grow and change to meet the needs of our clients in an ever-changing industry. Along with traditional loan financing, we offer a portfolio suite of options comprised of non-QM products. Our non-QM volume has set records throughout the year confirming our leadership in the industry. We are proud of our accomplishments in 2019 as indicated in our latest performance report. We funded a...

This time of the year many people are budgeting and figuring out how to save money to improve their fiscal health. One great way to do that is to refinance your mortgage. A refinance can help save a lot of money over the life of a loan and could even lower your monthly payment. Refinancing can also help with: Using a cash-out refinance to pay for tuition, business, or home renovation Eliminating private mortgage insurance (PMI) if you have an FHA loan Accomplishing financial goals such as paying off debt Not sure if this applies to you? Call us today to get...

Angel Oak Home Loans is excited to welcome Ed Powell as one of our new Regional Managers. Ed has an extensive background in consumer direct that will bring immense value to our company. He previously led a team of 50 loan officers and originated over $1.6 billion in 2019. Ed will lead our new consumer direct division in Charlotte, North Carolina. This allows our Charlotte branch to expand in order to keep up with the demand in this growing market. We offer traditional loan products along with non-QM through our portfolio suite of products. Ed’s background, expertise, our innovative products and...