DURHAM, NC – (BUSINESS WIRE) –Home Loans in Angel Oak (“Angel Oak”), a Leading Full Service Retail Mortgage Lender, Announces New Branches in Waynesboro, Georgia; Annapolis, Maryland; Durham, North Carolina; and Houston, Texas.
These branch launches follow several other new office openings in Angel Oak, bringing the company’s total number of offices to 40 in 35 states. Angel Oak’s expansion will continue in the near future with the arrival of a new branch in Las Vegas. The company’s physical growth keeps pace with new technological capabilities, while continuing to innovate in services to meet evolving customer needs.
âWe are pleased to deepen our roots across the country with this series of branch openings,â said Mac Cregger, senior vice president and division manager of Angel Oak. âWe have seen an increase in demand and the rate at which homes are sold. There has also been a strong demand for ways to streamline the home buying process, including options that could allow the entire process to be conducted remotely. Angel Oak’s unique products and resources deliver rapid results with success, turning potential buyers into owners. ”
The four states with new Angel Oak branches have experienced significant growth over the past year. The housing markets of Houston and Annapolis, in particular, have seen increases of 69% and 44%, respectively, in homes sold year after year, according to Redfin. Additionally, the US real estate market as a whole has been characterized by consistent demand and resilience over the same time frame, despite some volatile economic conditions.
The needs of buyers have changed and adaptive solutions are essential. Angel Oak’s wide range of product offerings include Non-Quality Management Loans, which aim to provide an alternative to homebuyers who do not meet the stringent lending standards of traditional agencies and banks.
âOur growing national presence has been fueled by the meteoric growth in the housing market this year,â adds Trent Reed, senior vice president and division manager of Angel Oak. âWe see enormous potential to continue to grow in new markets across the United States and meet buyer demand for flexible and personalized home loans.â
For career opportunities in the Durham and Annapolis markets, please contact Reed at trent.reed@angeloakhomeloans.com. For the Houston and Waynesboro markets, please contact Cregger at mac.cregger@angeloakhomeloans.com.
To learn more about Angel Oak’s home loans and view full licensing information, visit www.angeloakhomeloans.com.
Angel Oak Home Loans, LLC NMLS 685842. Angel Oak is an Equal Housing Lender. Each application will be evaluated individually; not all applicants will be eligible.
About Angel Oak Home Loans, LLC
Angel Oak Home Loans is a full service mortgage lender. Its flexible and united approach allows potential buyers to embark on a new path with confidence. Angel Oak’s experienced team of licensed mortgage advisors leads the way in providing end-to-end mortgage support and an exceptional customer experience.