Angel Oak Expands Its Non-QM Options With New ARM Offerings
Non-QM lender launches new adjustable-rate mortgage solutions to provide increased flexibility for borrowers and originators in an evolving rate environment
Angel Oak Mortgage Solutions LLC has launched its new five-year and seven-year adjustable-rate mortgage (ARM) products, among the first of their kind in the Non-QM space. These solutions expand Angel Oak’s suite of solutions for originators and borrowers seeking more flexibility and competitive rate structures.
Angel Oak’s ARMs feature a fixed interest rate for an initial period of either five- or seven-years before adjusting on a six-month basis based on market conditions. ARMs can offer lower initial interest rates and payment advantages, particularly appealing as the yield curve normalizes and the Federal Reserve signals further potential rate cuts.
“With rate expectations shifting and borrowers demanding more choices, these ARM products give originators new tools to serve clients seeking to optimize affordability and potentially take advantage of future rate movement,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. “This launch underscores our commitment to supporting the non-QM ecosystem, from self-employed borrowers and real estate investors to creditworthy individuals who don’t fit the traditional lending box.”
The introduction of these new offerings reinforces Angel Oak’s position as a go-to partner for originators seeking access to a diverse portfolio of Non-QM solutions.
“Angel Oak has always been at the forefront of Non-QM product development,” Hutchens added. “We’re focused on giving originators every possible advantage in today’s market, and that means offering smart, flexible lending solutions designed to meet real borrower needs.”
Angel Oak Mortgage Solutions is a nonbank wholesale and correspondent lender of Non-QM loans, operating in 46 states and the District of Columbia.