Have you heard the saying "bad things happen to good people?" Angel Oak Home Loans Home$ense mortgage loan program is designed to provide you and your family guidance after a foreclosure, deed-in-lieu, or short sale.
5/1 ARM or 30-year fixed
Seller Concessions to 6% (2% for investment)
DTI Up to 50% Considered
Owner-occupied, 2nd homes, Investment Properties
Non-Warrantable Condos Considered
No pre-pay penalty for owner-occupied and/or 2nd homes
SFRs, Townhomes, Condos, 2-4 Units
Up to 80% Investor Concentration Allowed
Buy/refinance soon after Foreclosure, Short Sale, Bankruptcy, Deed In Lieu
600 Minimum Credit Score (Including Jumbo Loans)
Mortgage Lates Are OK
No Active Tradelines OK with housing history
Loans to $1 million (Over $1M case by case)
Up to 90% LTV with No MI
Gift Funds Allowed