Another Exciting Update from Angel Oak!
We have quickly adapted our in demand non-QM products helping many borrowers purchase homes during the pandemic. We have continually made updates and improvements to our product offerings and today, we have an exciting announcement:
We are officially bringing back our Asset Qualifier program!
- Purchase and Rate-Term Refinance – Minimum 700 FICO and Maximum 75% LTV
- Cash Out Refinance – Minimum 720 FICO and Maximum 70% LTV
- Primary Residence Only
- Credit Seasoning 5 Years
In addition, we’ve continued our mission to educate the broker community on the current state of non-QM. We have recently been featured in publications, webinars, and podcasts explaining how to use non-QM to grow your business. Angel Oak’s Tom Hutchens, EVP of production, and Manish Valecha, head of client solutions, recently joined Clayton Collins, CEO of HousingWire, on his podcast show Housing News. The podcast offers excellent information with the latest updates on non-QM and Angel Oak Mortgage Solutions.
With so many changes make sure you are aware that we can:
- Accompany you on meetings with your clients as the expert on non-QM
- Listen to your borrower’s scenario and customize a solution
- Provide quick pricing through our technology non-QM QuickQuote
- Offer non-QM products like Bank Statement, Investor Cash Flow, Platinum Jumbo, and Asset Qualifer
- Allow approved brokers to use our marketing flyers – simply add your own logo and company information