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Charleston Business

Angel Oak Home Loans Opens Three Offices In South Carolina

Nov 30, 2018 10:01AM ● By Kathleen Maris

Angel Oak Home Loans, LLC (Angel Oak), a fast-growing residential mortgage lender, announces branch openings in Columbia, Charleston and Hilton Head as it continues to expand its Southeast presence.

The new branches will bring a wide range of lending options to local borrowers as well as the exceptional customer service, speed, and delivery that Angel Oak is known for.

“We’re bringing talented teams to South Carolina and will offer competitive, innovative products,” says Columbia Branch Manager John Budry, who brings more than 29 years of mortgage industry experience to the region. “The areas we are entering have strong housing markets and are especially attractive right now for buyers. We look forward to providing them a stress-free, streamlined mortgage process.”

Angel Oak provides traditional and non-traditional products that adapt to the shifting marketplace by offering innovative mortgage solutions. The new branches in Charleston, Columbia, and Hilton Head come during a time of rapid growth as more borrowers turn to Angel Oak for their mortgage needs. Over the past three quarters alone, Angel Oak has seen record-breaking volume in non-QM lending specifically, with a combined total of more than $2.1 billion in originations for all of its affiliated residential lenders.

“We’ve seen tremendous growth and success in the Southeast, so moving into Columbia and the coastal regions just made sense,” says Trend Reed, regional VP of the Carolinas. “As leaders in the non-bank lending space, we feel we offer borrowers new options they did not know were available to them, and we are eager to help them achieve homeownership through these products.”