We could not be more pleased with our 2018 results! We set ambitious goals and exceeded them by doubling originations of non-qualified mortgages from $1.1 billion in 2017 to $2.2 billion this past year. Years of educating the industry on the value and benefits of non-QM have paid off. The fact that non-QM loans are solid and perform is clear. We said that non-QM results in volume growth that every originator should add to their mix and the proof is in the numbers month over month and year over year. Add non-QM to your product offerings and grow your business!
Highlights from Angel Oak’s 2018 recap press release:
- Lending units originated over $2.2 billion in non-QM loans resulting in a 118% gain year over year.
- Q4 2018 had a 121% increase over Q4 2017.
- Due to the demand for our products and services staff has grown by 53% over last year for a total of 648 phenomenal employees.
- Distinguished awards presented to several of our experts in the space including being named a “Legend of Lending”.
- We issued four securitizations in 2018 totaling over $1.1 billion.
Tags: alt-A mortgage lenders, alt-A mortgage lending, Alt-A mortgages, alternative mortgage lender, angel oak mortgage solutions, non-agency wholesale, Non-prime, non-prime lending, non-prime mortgages, Non-QM, non-QM mortgage lenders