– As a non-QM mortgage lender, Angel Oak Mortgage Solutions offers a number of non-prime wholesale mortgage solutions for low credit borrowers, driving the change towards credit easing. An Expanded loan, also known as a Non-QM loan, is an out-of-the-box alternative designed to deliver one thing: flexibility.
Angel oak plots expansion in non-QM correspondent lending – The growth has come across the company’s various subsidiaries and business lines, which include Angel Oak Mortgage Solutions, Angel Oak Home Loans, Angel Oak Commercial Lending, and Angel Oak Prime. Pros And Cons Of Bridge Loans The Pros and Cons of Bridge Loans .. For example, a.
In our Hot Topic segment on April 8th we’ll have Tom Hutchens with us talking about the growth of the non-QM loans and how these types of loans have been expanding across the mortgage industry. Tom is Executive Vice President of Production for Angel Oak Mortgage Solutions, an Atlanta-based wholesale and correspondent lender leading the non-QM space for five years and licensed in 44 states.
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Angel oak correspondent furthers angel oaks initiative to set the industry standard for innovation in the non-QM market. Following its most successful Q1 ever, with non-QM originations up 82% from the same period a year ago, the company is now exploring new frontiers.
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This type of lending is the service of providing funding for borrowers from the lender’s own funds and name. Lenders also underwrite the loan. Branded as Angel Oak Correspondent, this arm will enable the mortgage company to establish its hold over the non-QM market.
See who you know at Angel Oak Correspondent, leverage your professional network, and get hired.. Angel Oak plots expansion in non-QM correspondent lending. This is a Showcase Page by Angel.
Angel Oak Mortgage Solutions Expands Lending Unit in News May 16, 2019 305 Views Angel Oak Mortgage Solutions, LLC is enhancing its correspondent lending channel with new technology, infrastructure.
The company has officially branded this channel as Angel Oak Correspondent to solidify its position in the correspondent lending space. The enhanced channel will allow Angel Oak to further its dominance of the non-QM market. Over the past few years, Angel Oak has consistently originated more non-QM loans than any other non-bank lender.