Date: 1.17.20 Angel Oak Companies posted another record year in 2019, surpassing $17 billion in assets under management. The firm also completed a record six non-QM securitizations totaling approximately $3.1 billion, exceeding the 2018 volume by about $2 billion. “People want to invest with us because of our vertical integration,…
We pioneered the resurgence of non-QM and committed our time to educating the market on how and why to use it. It worked and now non-QM is the fastest growing segment in the space. The next step? Making non-QM loans fast and easy to close and delivering exceptional customer service.…
Our Bank Statement program was created to help self-employed people purchase a home easily and quickly. After all, according to the Bureau of Labor Statistics, about 16 million Americans are self-employed accounting for 30% of all employees in the U.S. That’s a lot of potential borrowers! We have fine-tuned our…
Let your Realtors know not to turn away a borrower because they think they won’t qualify for a conventional loan. Non-QM can save a deal and close as quickly as a conventional loan. Common situations include self-employed people who don’t have tax returns. Our Bank Statement program is perfect for…
If you have been keeping up with mortgage industry news then you know it is almost impossible not to know that non-QM is crushing it this year! Listen to Frank and Brian from the National Real Estate Post talking about it: https://angeloakms.com/non-qm-crushing-90-growth/. If that isn’t reason enough we will…
The growth of non-QM is projected to be robust again this year and it is still the only area with significant gains in volume in the mortgage industry. If you aren’t utilizing non-QM at this point, you should be concerned about lost deals and missed opportunities. There are many self-employed…