Unveiling the Secrets of Angle Oak Home Loans: A Journey to Homeownership

In addition to its non-prime jumbo lending, Angle Oak Home Loans also offers a variety of other mortgage products, including:

Conforming loans
Government-backed loans
Reverse mortgages
Construction loans
Home equity loans
Home equity lines of credit

Angle Oak Home Loans is a member of the National Mortgage Bankers Association and the Mortgage Bankers Association of Georgia. The company is also an Equal Housing Lender.

angle oak home loans

Angle Oak Home Loans is a mortgage lender specializing in non-prime jumbo loans, which are loans that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. The company offers a variety of loan products, including fixed-rate and adjustable-rate mortgages, as well as government-backed loans such as FHA and VA loans.

Non-prime jumbo loans: Angle Oak Home Loans is one of the largest non-prime jumbo lenders in the United States.
Competitive rates: Angle Oak Home Loans offers competitive rates on its non-prime jumbo loans.
Flexible underwriting guidelines: Angle Oak Home Loans has flexible underwriting guidelines that can help borrowers with less-than-perfect credit qualify for a loan.
Down payment assistance programs: Angle Oak Home Loans offers a variety of down payment assistance programs to help borrowers with limited cash on hand.
Variety of loan products: Angle Oak Home Loans offers a variety of loan products, including conforming loans, government-backed loans, reverse mortgages, construction loans, home equity loans, and home equity lines of credit.
Member of industry associations: Angle Oak Home Loans is a member of the National Mortgage Bankers Association and the Mortgage Bankers Association of Georgia.
Equal Housing Lender: Angle Oak Home Loans is an Equal Housing Lender.
Mission: Angle Oak Home Loans' mission is to help borrowers achieve homeownership, regardless of their credit history or financial situation.

These key aspects of Angle Oak Home Loans make it a valuable resource for borrowers who are looking for non-prime jumbo loans or other types of mortgage financing.

Non-prime jumbo loans

Angle Oak Home Loans is a mortgage lender specializing in non-prime jumbo loans, which are loans that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. This focus on non-prime jumbo loans sets Angle Oak Home Loans apart from many other lenders in the mortgage industry.

Market Share: Angle Oak Home Loans' status as one of the largest non-prime jumbo lenders in the United States indicates that it has a significant market share in this specialized lending sector.
Expertise: By focusing on non-prime jumbo loans, Angle Oak Home Loans has developed a deep level of expertise in this complex and niche area of mortgage lending.
Competitive Rates: Angle Oak Home Loans' market share and expertise allow it to offer competitive rates on its non-prime jumbo loans, making it an attractive option for borrowers seeking financing for high-value properties.
Flexible Underwriting: Angle Oak Home Loans has flexible underwriting guidelines that can help borrowers with less-than-perfect credit qualify for a loan. This flexibility makes Angle Oak Home Loans a good option for borrowers who may have been turned down by other lenders.

Overall, Angle Oak Home Loans' focus on non-prime jumbo loans makes it a valuable resource for borrowers who are looking for financing for high-value properties, even if they have less-than-perfect credit.

Competitive rates

Angle Oak Home Loans' competitive rates on non-prime jumbo loans are a key factor in its success as a leading lender in this specialized market. By offering competitive rates, Angle Oak Home Loans is able to attract and retain customers who are looking for financing for high-value properties, even if they have less-than-perfect credit.

Market Share: Angle Oak Home Loans' competitive rates have helped it to gain a significant market share in the non-prime jumbo lending sector.
Customer Acquisition: Competitive rates are a key factor in attracting new customers, as borrowers are always looking for the best possible deal on their mortgage.
Customer Retention: Competitive rates can also help to retain existing customers, as borrowers are less likely to refinance their loan with another lender if they are already getting a good rate from Angle Oak Home Loans.
Industry Recognition: Angle Oak Home Loans' competitive rates have been recognized by the industry, as the company has been awarded several awards for its lending products.

Overall, Angle Oak Home Loans' competitive rates on non-prime jumbo loans are a major competitive advantage for the company. By offering competitive rates, Angle Oak Home Loans is able to attract and retain customers, gain market share, and earn industry recognition.

Flexible underwriting guidelines

Angle Oak Home Loans' flexible underwriting guidelines are a key component of its non-prime jumbo lending business. By being willing to consider borrowers with less-than-perfect credit, Angle Oak Home Loans is able to provide financing to a wider range of borrowers than many other lenders.

This flexibility is especially important for borrowers who have been turned down for a loan by other lenders due to their credit history. Angle Oak Home Loans' flexible underwriting guidelines give these borrowers a second chance to qualify for a loan and achieve their homeownership goals.

For example, Angle Oak Home Loans may be willing to approve a loan for a borrower with a credit score of 640, even if other lenders require a credit score of 680 or higher. Angle Oak Home Loans may also be willing to consider borrowers with a history of late payments or other credit blemishes, as long as they can demonstrate that they have a stable income and are able to make their mortgage payments on time.

Angle Oak Home Loans' flexible underwriting guidelines are a valuable resource for borrowers who are looking for financing for a high-value property, even if they have less-than-perfect credit. By being willing to consider a wider range of borrowers, Angle Oak Home Loans is helping to make homeownership possible for more people.

Down payment assistance programs

Angle Oak Home Loans offers a variety of down payment assistance programs to help borrowers with limited cash on hand. These programs can provide financial assistance to help borrowers cover the costs of a down payment and closing costs, making it easier to achieve homeownership.

Down Payment Grant Programs: Angle Oak Home Loans offers down payment grant programs that provide financial assistance to help borrowers cover the costs of a down payment. These grants do not have to be repaid, making them a valuable resource for borrowers with limited cash on hand.
Down Payment Loan Programs: Angle Oak Home Loans also offers down payment loan programs that provide borrowers with a loan to cover the costs of a down payment. These loans typically have low interest rates and flexible repayment terms, making them a more affordable option for borrowers with limited cash on hand.
Closing Cost Assistance Programs: Angle Oak Home Loans offers closing cost assistance programs that provide financial assistance to help borrowers cover the costs of closing costs. These programs can provide a lump sum of money to help borrowers cover the costs of title insurance, appraisal fees, and other closing costs.
Seller-Paid Closing Cost Programs: Angle Oak Home Loans also offers seller-paid closing cost programs that allow borrowers to negotiate with the seller to have the seller pay for some or all of the closing costs. This can be a helpful option for borrowers who do not have a lot of cash on hand.

Angle Oak Home Loans' down payment assistance programs are a valuable resource for borrowers who are looking to purchase a home but do not have a lot of cash on hand. These programs can help borrowers overcome the financial barriers to homeownership and achieve their dream of owning a home.

Variety of loan products

Angle Oak Home Loans offers a wide range of loan products to meet the diverse needs of its customers. This variety of loan products is a key differentiator for Angle Oak Home Loans and sets it apart from many other lenders in the mortgage industry.

Conforming loans: Conforming loans are mortgages that meet the requirements set by Fannie Mae and Freddie Mac. These loans are typically offered at lower interest rates than non-conforming loans, but they have stricter underwriting guidelines.
Government-backed loans: Government-backed loans are mortgages that are insured by the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), or the U.S. Department of Agriculture (USDA). These loans typically have lower down payment requirements and more flexible underwriting guidelines than conforming loans.
Reverse mortgages: Reverse mortgages are loans that allow homeowners 62 years of age or older to borrow against the equity in their homes without having to make monthly mortgage payments. These loans are typically used to supplement retirement income or to cover unexpected expenses.
Construction loans: Construction loans are loans that are used to finance the construction of a new home. These loans are typically disbursed in stages as the construction progresses.
Home equity loans: Home equity loans are loans that are secured by the equity in a homeowner's home. These loans can be used for a variety of purposes, such as home improvements, debt consolidation, or education expenses.
Home equity lines of credit (HELOCs): HELOCs are lines of credit that are secured by the equity in a homeowner's home. These lines of credit can be used for a variety of purposes, such as home improvements, debt consolidation, or education expenses.

By offering a variety of loan products, Angle Oak Home Loans is able to meet the needs of a wide range of borrowers. This variety of loan products makes Angle Oak Home Loans a one-stop shop for all of your mortgage needs.

Member of industry associations

Angle Oak Home Loans' membership in the National Mortgage Bankers Association (NMBA) and the Mortgage Bankers Association of Georgia (MBAG) is a testament to the company's commitment to industry best practices and ethical lending.

The NMBA is the leading national trade association representing the real estate finance industry. Its members include mortgage lenders, servicers, investors, and other industry professionals. The NMBA advocates for policies that promote homeownership and a sound mortgage finance system. It also provides its members with education, training, and networking opportunities.

The MBAG is a state-level trade association representing the mortgage banking industry in Georgia. Its members include mortgage lenders, servicers, and other industry professionals. The MBAG advocates for policies that promote homeownership and a sound mortgage finance system in Georgia. It also provides its members with education, training, and networking opportunities.

Angle Oak Home Loans' membership in these industry associations demonstrates the company's commitment to:

Providing high-quality mortgage products and services
Adhering to ethical lending practices
Promoting homeownership
Supporting the mortgage finance industry

By being a member of these industry associations, Angle Oak Home Loans is able to stay up-to-date on the latest industry trends and developments. The company also has the opportunity to network with other industry professionals and to advocate for policies that support homeownership and a sound mortgage finance system.

Angle Oak Home Loans' membership in the NMBA and the MBAG is a valuable asset to the company and to its customers. It demonstrates the company's commitment to industry best practices and ethical lending, and it gives the company a voice in shaping the future of the mortgage finance industry.

Equal Housing Lender

The statement "Equal Housing Lender: Angle Oak Home Loans is an Equal Housing Lender" signifies that Angle Oak Home Loans complies with the Fair Housing Act and all other applicable federal, state, and local fair housing laws. This means that Angle Oak Home Loans does not discriminate against any person in lending practices based on race, color, religion, national origin, sex, familial status, or disability.

As an Equal Housing Lender, Angle Oak Home Loans is committed to providing equal access to housing opportunities for all people. This commitment is reflected in the company's lending policies, procedures, and practices. For example, Angle Oak Home Loans offers a variety of loan products to meet the needs of borrowers with different backgrounds and financial situations. The company also has a dedicated team of loan officers who are trained to work with borrowers from all walks of life.

The Equal Housing Lender designation is an important component of Angle Oak Home Loans' commitment to fair lending. This designation demonstrates that the company is committed to providing equal access to housing opportunities for all people, regardless of their background or financial situation.

The Equal Housing Lender designation is also important for borrowers. When you see this designation, you can be confident that you will be treated fairly and that you will have access to the same loan products and services as everyone else.

Mission

Angle Oak Home Loans' mission statement reflects the company's commitment to providing equal access to housing opportunities for all people. This mission is evident in the company's lending policies, procedures, and practices.

Flexible Underwriting Guidelines: Angle Oak Home Loans has flexible underwriting guidelines that allow borrowers with less-than-perfect credit to qualify for a loan. This is a key component of the company's mission to help borrowers achieve homeownership, regardless of their credit history.
Down Payment Assistance Programs: Angle Oak Home Loans offers a variety of down payment assistance programs to help borrowers with limited cash on hand. This is another important component of the company's mission to help borrowers achieve homeownership, regardless of their financial situation.
Variety of Loan Products: Angle Oak Home Loans offers a variety of loan products, including conforming loans, government-backed loans, reverse mortgages, construction loans, home equity loans, and home equity lines of credit. This variety of loan products allows Angle Oak Home Loans to meet the needs of a wide range of borrowers, including those with less-than-perfect credit or limited cash on hand.
Commitment to Fair Lending: Angle Oak Home Loans is an Equal Housing Lender and is committed to providing equal access to housing opportunities for all people, regardless of their race, color, religion, national origin, sex, familial status, or disability.

Angle Oak Home Loans' mission to help borrowers achieve homeownership, regardless of their credit history or financial situation, is a key differentiator for the company. This mission sets Angle Oak Home Loans apart from many other lenders in the mortgage industry and makes it a valuable resource for borrowers who are looking to purchase a home.

FAQs by "angle oak home loans" keyword

This section addresses frequently asked questions (FAQs) about Angle Oak Home Loans. It provides clear and concise answers to common concerns and misconceptions, helping users better understand the company's services and offerings.

Question 1: What types of loans does Angle Oak Home Loans offer?

Answer: Angle Oak Home Loans offers a wide range of loan products, including conforming loans, government-backed loans (FHA, VA, USDA), reverse mortgages, construction loans, home equity loans, and home equity lines of credit.

Question 2: Is Angle Oak Home Loans a good lender for borrowers with less-than-perfect credit?

Answer: Yes, Angle Oak Home Loans specializes in non-prime jumbo loans and has flexible underwriting guidelines that can help borrowers with less-than-perfect credit qualify for a loan.

Question 3: Does Angle Oak Home Loans offer down payment assistance programs?

Answer: Yes, Angle Oak Home Loans offers a variety of down payment assistance programs to help borrowers with limited cash on hand.

Question 4: Is Angle Oak Home Loans an Equal Housing Lender?

Answer: Yes, Angle Oak Home Loans is an Equal Housing Lender and is committed to providing equal access to housing opportunities for all people, regardless of race, color, religion, national origin, sex, familial status, or disability.

Question 5: What are the competitive advantages of Angle Oak Home Loans?

Answer: Angle Oak Home Loans' competitive advantages include its specialization in non-prime jumbo loans, flexible underwriting guidelines, down payment assistance programs, variety of loan products, commitment to fair lending, and strong industry reputation.

Question 6: How can I contact Angle Oak Home Loans?

Answer: You can contact Angle Oak Home Loans by phone, email, or through their website. Contact information and additional resources are available on the company's website.

In summary, Angle Oak Home Loans is a reputable lender that offers a wide range of loan products and is committed to helping borrowers achieve homeownership, regardless of their credit history or financial situation.

For more information, please visit the Angle Oak Home Loans website.

Tips for working with Angle Oak Home Loans

Tip 1: Explore your loan options.

Angle Oak Home Loans offers a variety of loan products, including conforming loans, government-backed loans, reverse mortgages, construction loans, home equity loans, and home equity lines of credit. Be sure to explore all of your options to find the loan that best meets your needs.

Tip 2: Get pre-approved for a loan.

Getting pre-approved for a loan can help you streamline the homebuying process and make your offer more competitive. Angle Oak Home Loans offers a quick and easy pre-approval process that can be completed online.

Tip 3: Gather your financial documents.

When you apply for a loan, you will need to provide Angle Oak Home Loans with a variety of financial documents, such as your pay stubs, bank statements, and tax returns. Gathering these documents in advance will help to speed up the loan process.

Tip 4: Be prepared to answer questions.

Angle Oak Home Loans will ask you a variety of questions about your financial situation and your plans for the property. Be prepared to answer these questions honestly and accurately.

Tip 5: Work with a reputable loan officer.

A reputable loan officer can help you navigate the mortgage process and get the best possible loan for your needs. Ask your friends, family, or real estate agent for recommendations for a good loan officer.

By following these tips, you can increase your chances of getting approved for a loan from Angle Oak Home Loans and achieving your homeownership goals.

Key takeaways:

Angle Oak Home Loans offers a wide range of loan products.
Getting pre-approved for a loan can streamline the homebuying process.
Gathering your financial documents in advance will help to speed up the loan process.
Be prepared to answer questions about your financial situation and your plans for the property.
Working with a reputable loan officer can help you get the best possible loan for your needs.

Conclusion

Angle Oak Home Loans is a reputable lender that offers a wide range of loan products and is committed to helping borrowers achieve homeownership, regardless of their credit history or financial situation. The company's flexible underwriting guidelines, down payment assistance programs, and commitment to fair lending make it a valuable resource for borrowers who are looking to purchase a home.

If you are considering buying a home, Angle Oak Home Loans should be at the top of your list of lenders to consider. The company's competitive rates, flexible underwriting guidelines, and down payment assistance programs can help you get into the home of your dreams.