Carrington will use LoanScorecard’s Portfolio Underwriter to enhance its underwriting process
The lender says the deal will enhance its ability to lead in the non-QM market
The program has been eliminated by one that allows borrowers to qualify with 12 months of bank statements or the most current month’s statement
Angel Oak’s lending platform has seen a 45% spike in originations from last year
The AUS provider partners with NDM to streamline the non-QM process
Self-employed borrowers and those who’d like to forgo private mortgage insurance can apply for the new programs
Lenders can search for more specific prices and products
Angel Oak’s new platform allows originators to get a credit decision in seconds – and a human touch