Following a first quarter in which Angel Oak Mortgage Solutions
added 12 new account executives
, the company is continuing its aggressive growth by becoming licensed in Rhode Island, launching a Correspondent Channel and adding five new AEs to help brokers grow their business. Lisa Lee joined Angel Oak in Salt Lake City; along with Mike Wilson in San Diego; Stacy Eads in Birmingham, Ala.; Chris Farruggio in Phoenix, Ariz.; and Tricia James in Orange County, Calif.
Lee said, “Angel Oak is able to offer brokers an option for their customers to get into the home of their dreams or to help them achieve their immediate goals, rather than turning customers away. It’s exciting to be with a ‘Pioneer of Non QM’ in this new generation of mortgage.”
“Angel Oak’s growing reputation for being the leader in Non-prime mortgage loans, prompted me to take a closer look at the organization,” said Eads. “I’m very excited to be a part of the Angel Oak team and now able to provide these programs to my colleagues. I look forward to spending the next chapter of my career with Angel Oak, where providing great service, outstanding programs and closing loans are goals shared by the entire staff.”
Steven Winokur, chief marketing officer for Angel Oak, said, “The understanding and acceptance of non-QM programs has become more widespread throughout the lending landscape. We have seen this in conversations with brokers and investors, as well as from account executives looking to join us. We’re excited about these new AEs and along with the launch of our correspondent channel, expect continued great things in the coming months.”