Angel Oak Home Loans, a full-service retail mortgage lender, opened five new branches in North Carolina, South Carolina and California, the company said today.
The new locations are:
- San Marcos, Calif., led by Sean Casey, senior vice president and Western regional sales manager;
- Charleston, S.C., led by Ed Powell, SVP of Angel Oak Home Loans’ consumer direct division;
- Columbia and Cheraw, S.C., both led by Drew Church, SVP regional sales manager; and
- Jacksonville, N.C., led by Brian Mitchell, regional sales manager.
The launch of the five branches comes on the heels of several other new Angel Oak office openings across the country, bringing the firm’s total number of offices to 52 across 43 states.
Angel Oak said the openings further establishes it “as a growing mortgage lender thanks to its innovative product lineup and high-quality customer service.” The company also attributed the expansion to its ability to “quickly incorporate new technology capabilities into every aspect of its business, providing a seamless customer experience from start to finish.”
“Angel Oak is well equipped to serve borrowers in need of traditional and customized loan products that can help them achieve homeownership,” Casey said. ”Housing markets across the country have changed over the past several months and adaptive solutions are essential. Angel Oak’s diverse products allow us to continue to deliver for homebuyers in different market conditions.”
Angel Oak said its strategic expansion into these regions reflects its ability to both capitalize on housing trends that impact homebuyers and provide solutions to potential borrowers.
“We’re pleased to deepen our roots throughout the Carolinas and provide an array of traditional and innovative loan products to more qualified borrowers across the country,” Mitchell said. “We’ve seen a drastic increase in demand and the pace at which homes are being sold, especially in the Southeast. In response, there has also been a strong appetite for ways to streamline the homebuying process, including options that could enable the entire process to be conducted remotely.”
Angel Oak’s range of product offerings include traditional loans and non-qualified mortgage (Non-QM) loans. Portfolio Non-QM loans provide an alternative for homebuyers who do not meet the strict lending standards of traditional agencies and banks.
“Angel Oak’s unique products and resources deliver fast results, turning prospective homebuyers into homeowners,” Church said. “It's a privilege to be able to help qualified borrowers achieve their dreams of homeownership. That’s what really makes Angel Oak unique in the marketplace and we’ll only continue to enhance those services and abilities going forward.”
