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Angel Oak Home Loans recently opened a new office in Reno, Nevada and will be following up with three more branches in Houston, Texas; Carson City, Nevada and Natchez, Mississippi.
"Our goal is to provide a wide array of offerings including our non-QM products to borrowers across the country," said Mac Cregger, senior vice president and divisional manager, according to a press release. "We’ve targeted these geographic areas based on the significant potential and opportunity we see for prospective and existing homebuyers. Non-QM is becoming more and more in demand helping homebuyers with diverse circumstances qualify for home loans and we are delivering our innovative mortgage products to more areas to meet the demand."
Over the past few months, Angel Oak has opened branches in Melbourne Beach, Florida, and Washington, D.C. The firm now operates 35 retail offices across the United States and has plans to open additional branches in Arizona, California, Colorado, Idaho, Oregon and Washington later this year, according to the release.
"The addition of these branches emphasizes our commitment to serving borrowers," says Cregger. "With so much momentum in the housing sector across the country, we want to ensure our clients have all the necessary mortgage products and resources to reach their goals of homeownership. We have an advisory approach where we listen to each borrower’s story and match the right loan product to their circumstances."