We are excited to announce that Angel Oak Capital just issued a $275 million securitization rated by Fitch with the senior A1 bond rated triple A. Since 2015, Angel Oak has issued 22 non-QM securitizations totaling approximately $7.7 billion. Investor confidence in non-QM remains strong due to strong performance and demand in the market. This latest Fitch rated securitization is great news for Angel Oak as we continue to grow.   The details of...

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...

The purchase market is surging, and Angel Oak has helped many homebuyers get the home they wanted after being turned away from other lenders. It may be stressful since inventory is so tight, but we are able to close quickly! A good majority of the people we help are self-employed who can’t qualify using tax returns. They need a Bank Statement mortgage loan. Many lenders simply do not have a Bank...

We hear from many of our customers who want to refinance but aren’t sure how the process works. We are always happy to advise, let you know if you are eligible, and explain how the process works. For those who are eligible, a cash-out refinance allows you to refinance your current mortgage and tap into your home equity. Benefits might include a lower mortgage rate and you can use your home...

Our clients are often surprised by loan options we have that they were not familiar with. That is why we always suggest that clients with unique circumstances talk to us first! We might have an easy solution that could result in another home sold. Here are a few scenarios – if these come up with your clients send them our way! Property investors using a 1031 Exchange – people who are trying...

WASHINGTON--(BUSINESS WIRE)--Angel Oak Home Loans (“Angel Oak”), a leading full-service retail mortgage lender, announces the opening of a new branch in Washington, D.C. Mike Harrison joins the Angel Oak team as branch manager of the D.C. office and is responsible for overseeing the day-to-day operations as well as meeting long-term growth goals. “We hope this D.C. location will expand the offerings for current residents whether they meet traditional lending standards or require a non-traditional...

Here are a few scenarios that might relate to you: Property investors using a 1031 Exchange People who trying to sell an investment property can be hit with a tax bill from the sale of the property. A 1031 exchange can defer those taxes by exchanging one property for another by relinquishing it and exchanging it for an equally or higher valued property. A tax advisor or tax preparer can tell you...

Many homebuyers come to us with changed financial circumstances due to the pandemic asking how we can help. Jumbo homebuyers, in particular, have called us because they were turned down by another lender as they didn’t qualify for Prime Jumbo. They were turned away because that particular lender did not have another loan option for them. We have loan options in addition to traditional loans and Prime Jumbo! We have...

While we can’t offer advice on taxes or filing taxes, we can offer suggestions on what receipts and documents to keep and how to organize it all. The fun part of setting up a home is decorating and organizing the kitchen you are excited about. It is important though to take a few minutes to set up an organized system for receipts and documents that will make tax season much...