mortgage lender Angel Oak Mortgage Solutions closed out 2016 with a record month and expanded into two states.
The company expanded into Arkansas and New Mexico, and is now licensed in more than 35 states, according to a National Mortgage Professional report. Angel Oak also brought on eight new account executives in the fourth quarter.
The company has aggressive growth plans for 2017 and plans to continue hiring AEs across the country and add underwriters and support staff at its Atlanta headquarters, NMP reported.
“As we look to expand across the country and build market awareness, each of these new account executives bring something different to Angel Oak,” said Tom Hutchens, Angel Oak senior vice president of sales and marketing. “We couldn’t be happier with this round of new hires being out in the marketplace representing Angel Oak.”
2017 could be a big year for nonprime
Ratings agencies OK Angel Oak’s nonprime originations