Skip to main content

Angel Oak Opens New Branch In Washington D.C.

Navi Persaud
Feb 09, 2021
Angel Oak Home Loans logo.

Angel Oak Home Loans opened a new branch in Washington, D.C. that will be lead by Mike Harrison. Harrison joined Angel Oak as the branch manager for the D.C. office and will be responsible for overseeing day-to-day operations as well as meeting long-term growth goals, according to a press release.

"We hope this D.C. location will expand the offerings for current residents whether they meet traditional lending standards or require a non-traditional approach. By offering non-QM products, we believe that even more borrowers will be able to participate in what could be a record homebuying season," said senior vice president and divisional manager, Trent Reed. "With interest rates remaining at a record low, we expect to see more individuals looking to achieve the dream of homeownership and we feel Mr. Harrison's expertise matched with Angel Oak’s service-driven approach can help get them there."

Angel Oak continued to open new branches across the U.S. while enhancing its technology platforms to increase ease of access, according to the release. The company believes that these advancements are integral in growing the firm’s ability to meet the needs of more borrowers, as monetary stimulus and record-low interest rates aid buyers’ dreams of becoming homeowners.

"After honing my skills as a loan officer, I’m prepared to share my knowledge with the Angel Oak team to provide superior client service," said Harrison.

The D.C. branch is Angel Oak's 36th office in the U.S.

Published
Feb 09, 2021
Rocket Pro Announces Major Initiatives

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021
Synergy One Lending Increases Its Capital By $50M

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

Industry News
Oct 19, 2021
TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Analysis and Data
Oct 19, 2021
Zillow Stock Falls After It Halts Buying Houses To Flip

Zillow’s stock fell nearly 10% Monday after the company announced its Zillow Offers division would stop buying homes.

Industry News
Oct 19, 2021
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021