Buying a house is so rewarding turning it into a home you will love for years. Anyone making their own improvements to their new investment should feel good about all that hard work. You’ve already gained equity in your home through your down payment and payments on your principal. There’s more that you can do to increase the equity even more. The labor involved in making additions or taking on home improvement projects will also increase the value in your home, thereby, increasing the equity in your home. Whether you are the one sweating or you hire someone to sweat...

The Federal Housing Finance Agency recently raised the conforming loan limits for 2020. This is the fourth straight year that the FHFA has increased conforming limits after not raising them for 10 consecutive years from 2006 to 2016. By law, Fannie Mae and Freddie Mac are restricted to buying single family mortgages with origination amounts below a set limit. Loans that fall outside of this limit are Jumbo loans which are considered non-agency and do not adhere to rules set by housing finance agencies. The FHFA released a report that reveals that home prices increased an average of...

Many real estate investors find the holiday season and winter to be a great time to buy properties. Competition from other buyers is down and increased negotiating power with sellers could be likely. Reach out to your investor clients and find out if they take advantage of the market with fewer buyers vying for the same property. Remind them that Angel Oak has an Investor Cash Flow product to help them grow their portfolio. This could be a great way to sell more homes during the holiday lull in the real estate market. Reduced rates for Investor...

The population of self-employed people will continue to grow which could mean that the number of homebuyers who are self-employed will, too. Did you know that an estimated 30% of the workforce in the United States is self-employed? According to the Bureau of Labor Statistics, about 16 million Americans are self-employed accounting for 30% of all employees in the U.S. ...

We are very thankful for another year of great successes here at Angel Oak. We have a remarkable team of people and phenomenal clients we have the pleasure of working with every day. It puts a smile on our faces knowing we helped many families gather around the table in a new home. Warmest wishes for a happy and relaxing Thanksgiving!...

Each month Al Simon, host of Simon Says, Let’s Talk Business radio show, interviews influential business owners and sales professionals in Atlanta. Angel Oak’s Mac Cregger Senior VP Regional Manager, was a featured guest on the show in November talking about our business model and innovative loan products. Mac talks about how unique Angel Oak is being the only fully integrated mortgage company in the Southeast United States securitizing our own funds. We offer traditional products along with a suite of portfolio products. Our portfolio products help people who have endured credit events that have taken them out of normal guidelines....

Among the most commonly asked questions by home sellers is what to do to get the house ready to put on the market. It can be so overwhelming that many people put off selling their home. Now is not the time to put it off as rates are low and inventory decreases around the holidays. This could be a great time to quickly sell your home! And it doesn’t have to be difficult. We really like this article published by RISMedia's Housecall titled “4 Things NOT to Do When Putting Your Home on the Market”. In it you will find...

We know that the closer we get to the holidays there will be a lull in real estate business. That doesn’t mean that property buyers aren’t still out there, they might just wait until Q1 to move forward with buying. Encourage them to take some time to do a little research on what they need to have ready. Winter can be a great time to buy with less competition and maybe better deals. Count on us to be a great resource for you! We have an excellent online learning center with mortgage checklists, credit tips, valuable information for first time homebuyers,...

The holidays are around the corner but there is still plenty of time for your clients to achieve the home of their dreams. With rates still low the market is ideal to get more home for the money. We have an excellent Jumbo program for those buyers wanting homes that exceed the conforming limit to qualify for a conventional loan. This program can help you sell more higher priced homes and end the year strong. Tell your buyers that you have the perfect lender who might be able to help them put a wreath on a beautiful new front door...

This Halloween we only want you to be scared of how much candy you might have to buy. The lending process for your buyers? Not scary at all when you work with us. This year has been a treat for us for sure. We have set records in non-QM volume each quarter, enhanced our programs and furthered our commitment to impeccable customer service. All of this so that you can sell more homes! Here’s a quick recap of the highlights: Business Bank Statement – self-employed borrowers can own as little as 50% of the business Investor Cash Flow – dropped the add-on...