Angel Oak Home Loans Opens Four New Branches – NMP Skip to main content

Angel Oak Home Loans Opens Four New Branches

Navi Persaud
Mar 17, 2021
Angel Oak Home Loans logo.

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."

Published
Mar 17, 2021
Online Brokerage REX Pursues Litigation Against Zillow & NAR

The legal battle between REX Home Loans (Real Estate Exchange, Inc.) and NAR continues to heat up, even though REX is reported to have shut down operations.

Industry News
May 16, 2022
Fannie Mae Seeks Innovative Housing Ideas

Sustainable Communities Innovation Challenge seeks ideas to advance racial equity in housing, focusing on addressing supply, funding and credit barriers.

Industry News
May 16, 2022
BSI Financial Hires Execs To Drive HR, Investor Reporting

Sean McGowan will lead HR, training and company culture; Shannon Clay to head investor reporting, reconciliations, and cash management initiatives.

Industry News
May 16, 2022
Home Point First Quarter Earnings Down Significantly

Net income down more than 90% from a year ago.

Industry News
May 13, 2022
New FHA Head Approved After Lengthy Delay

Vice president breaks tie vote for Julia Gordon nomination confirmation.

Industry News
May 12, 2022
Rocket CEO Predicts A Recession

He's seeing consumer spending decline through their TrueBill system

Industry News
May 12, 2022