Easing The Path For Non-QM Originators

 

Our QuickQual tool quickly hit the presses! Now non-QM is as easy as conventional financing with an automated response tool. You will receive an instant response for your borrower within seconds. The account executive will also and will get started on the loan including notifying you of what is needed for a quick close.

The process is simple – add the information required in Quick Quote to start. 

Click on QuickQual and upload the Fannie Mae 3.2 loan data file, reissue credit, select your account executive and hit submit.

More great details are in the article from MPA:

As non-QM products become more popular, Angel Oak Mortgage Solutions is rolling out initiatives to make the non-QM process less daunting for originators. The lender’s most recent innovation is a platform called QuickQual. 

“That’s our proprietary automated underwriting engine,” said Tom Hutchens, executive vice president of production for Angel Oak. “It allows brokers to upload their Fannie Mae 3.2 file, reissue the credit report and get an immediate credit decision on our products.”

Read more here. Mortgage Professional America

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