At the California Mortgage Expo in Irvine, Eric Morgenson and Larry Mize of Angel Oak Mortgage Solutions shared quick insights on where they’re seeing some of the biggest Non-QM opportunities right now.
They discuss why DSCR demand remains strong, how no-DSCR options can help with high-priced California investment properties, and why HELOCs — including bank statement HELOCs — are becoming a major opportunity for originators working with borrowers who want to access equity without giving up a low first mortgage rate.
They also cover rental AVMs, non-warrantable condos, DSCR seconds, manufactured housing, and why scenario-based lending continues to be a major advantage in today’s market.
Featured:
Eric Morgenson, Angel Oak Mortgage Solutions
Larry Mize, Regional Manager, Angel Oak Mortgage Solutions
