Posted at 12:53h
in Angel Oak Updates
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 easily and quickly!
Here are common scenarios we find solutions for every day
Less than seven years out of foreclosure, short sale, deed-in-lieu, or bankruptcy.
Bank Statement for self-employed only requires four years out of...