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    ...

Do you know the value of prospecting to self-employed people? We know Realtors work hard to make sure plenty of opportunities come their way.  Stand out from the competition by carving a niche that includes a large population of people – self-employed! There are around 18 million self-employed people according to the U.S Bureau of Labor Statistics – that’s a lot of potential homebuyers. Our specialty is helping self-employed homebuyers close...

Housing inventory is definitely tight across the country. At this point, no one is worried about selling – the worry is about finding another home to purchase. So what does the housing shortage mean to those wanting to move? Potentially nothing if you have the right lender and Realtor. Realtors are out there selling homes right now – the purchase market is on fire! They know exactly what to do...

Our Bank Statement loan has helped many self-employed homebuyers qualify for a loan without using tax returns. Any Realtor who has worked with us knows how quickly this loan closes for their self-employed clients. We simply calculate income from their bank statement deposits when tax returns can’t be used. Self-employed people who take the allotted tax deductions on their returns may have a problem qualifying for a traditional loan. Tell...

Memorial Day is such an important time to honor those who sacrificed their lives protecting our country. We also turn our thoughts to those currently serving and appreciate their bravery keeping us safe. It is our honor to offer a home loan specifically for veterans to achieve their dream of homeownership. Our VA home loan is for eligible veterans, reservists, active-duty personnel or eligible family members.  Whether you are a veteran...

Our outside-the-box mortgage products help Realtors step outside-their-box! We talk to many Realtors who try to help a self-employed homebuyer in the past who ended up not qualifying. The Problem: Deductions on tax returns. The Result: Realtors are avoiding challenging situations to get their clients to qualify and lose out on a sale. The Answer: Don’t miss out on an opportunity to increase your commission! At Angel Oak Home Loans we have loan options to help...

We are excited to announce our latest loan product – Gold Prime Jumbo. Why is our Gold Prime Jumbo different from other Prime Jumbo products out there? Ours goes up to 50% debt-to-income! This a big deal and differentiator from other lenders. This makes the third loan option available for Jumbo borrowers. If you want to know why you should work with Angel Oak or what sets us apart from lenders, this is...