Angel Oak Mortgage Solutions Rates, Fees & Info

WILMINGTON, DE

LEI: 549300KSOOZZVXCMA627

Tax ID: 46-4200240

1 stars - Updated: 7/11/24 - out of 5 stars, based on 55 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Angel Oak Mortgage Solutions is a small mortgage company specializing in Home Purchase and Cash Out Refi loans. Angel Oak Mortgage Solutions has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Los Angeles, Tampa, Dallas, and Houston among others. We have data for 293 markets. (Some data included below & more in-depth data is available with an active subscription.)

Angel Oak Mortgage Solutions has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Angel Oak Mortgage Solutions is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 8.40% 7/11/24
30 Year Conventional Refi 7.44% 7/11/24
30 Year Cash-out Refi 8.03% 7/11/24
15 Year Conventional Purchase 5.68% 7/11/24
15 Year Conventional Refi 6.18% 7/11/24
15 Year Cash-out Refi 6.18% 7/11/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Angel Oak Mortgage Solutions Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Angel Oak Mortgage Solutions. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

3,050

Origination Dollar Volume (All Markets)

$1,309,750,000

Relative Rate

Angel Oak Mortgage Solutions's average 30 year fixed mortgage rate was 8.44%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 1.96%.

Relative Fees (Closing Costs)

Angel Oak Mortgage Solutions's average total fees/closing costs for a 30 year fixed rate mortgage were $16,802.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 459 $217,225,000 $473,257 $20,466 8.31%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 113 $90,345,000 $799,513 $20,870 8.15%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 123 $54,175,000 $440,447 $16,793 8.34%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 102 $45,690,000 $447,941 $18,054 8.51%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 98 $38,740,000 $395,306 $19,479 8.59%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 66 $32,600,000 $493,939 $15,443 8.29%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 74 $32,260,000 $435,946 $16,171 8.41%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 30 $27,490,000 $916,333 $22,136 8.09%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 69 $26,015,000 $377,029 $18,913 8.28%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 60 $24,380,000 $406,333 $15,833 8.27%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 27 $23,465,000 $869,074 $22,250 8.35%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 52 $22,850,000 $439,423 $17,455 8.17%
Outside of Metro Areas 57 $22,225,000 $389,912 $12,353 8.73%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 48 $19,880,000 $414,167 $17,986 8.58%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 49 $19,845,000 $405,000 $18,848 8.68%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 31 $19,185,000 $618,871 $21,582 8.12%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 55 $19,095,000 $347,182 $13,974 8.65%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 34 $17,560,000 $516,471 $15,757 8.48%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 31 $16,985,000 $547,903 $23,317 8.69%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 49 $16,685,000 $340,510 $12,250 8.68%
PORT ST. LUCIE, FL (FHA|USDA|VA) 43 $16,545,000 $384,767 $17,183 8.46%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 45 $14,885,000 $330,778 $12,469 8.44%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 42 $14,820,000 $352,857 $16,066 8.17%
Key West, FL (FHA|USDA|VA) 11 $13,305,000 $1,209,545 $63,919 8.48%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 22 $12,920,000 $587,273 $18,908 8.39%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 27 $11,915,000 $441,296 $18,048 9.07%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 15 $11,825,000 $788,333 $32,862 8.07%
JACKSONVILLE, FL (FHA|USDA|VA) 34 $11,720,000 $344,706 $16,250 8.22%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 30 $11,550,000 $385,000 $20,968 8.23%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 40 $11,420,000 $285,500 $10,938 8.71%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 21 $10,645,000 $506,905 $13,738 8.34%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 22 $10,420,000 $473,636 $16,811 8.70%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 16 $9,850,000 $615,625 $31,256 8.61%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 27 $9,635,000 $356,852 $10,472 8.83%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 29 $9,555,000 $329,483 $13,514 8.91%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 21 $9,555,000 $455,000 $22,170 8.47%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 13 $9,365,000 $720,385 $21,812 8.18%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 13 $8,105,000 $623,462 $19,766 8.61%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 15 $7,305,000 $487,000 $17,256 8.20%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 23 $7,065,000 $307,174 $11,160 8.21%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 21 $6,655,000 $316,905 $14,210 8.54%
RICHMOND, VA (FHA|USDA|VA) 26 $6,650,000 $255,769 $9,590 8.66%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 18 $6,640,000 $368,889 $16,788 8.62%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 23 $6,075,000 $264,130 $15,475 8.23%
PUNTA GORDA, FL (FHA|USDA|VA) 19 $5,595,000 $294,474 $16,344 8.34%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 17 $5,065,000 $297,941 $14,993 8.33%
MIDLAND, TX (FHA|USDA|VA) 12 $5,020,000 $418,333 $15,056 8.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $4,830,000 $1,207,500 $82,336 8.16%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 15 $4,745,000 $316,333 $12,229 8.63%
RALEIGH-CARY, NC (FHA|USDA|VA) 15 $4,645,000 $309,667 $13,245 8.56%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 13 $4,575,000 $351,923 $15,512 8.79%
COLUMBUS, OH (FHA|USDA|VA) 15 $4,575,000 $305,000 $13,370 8.22%
SALT LAKE CITY, UT (FHA|USDA|VA) 11 $4,525,000 $411,364 $17,895 8.09%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 13 $4,415,000 $339,615 $9,430 8.02%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $4,395,000 $879,000 $20,650 7.85%
FORT COLLINS, CO (FHA|USDA|VA) 4 $4,370,000 $1,092,500 $15,791 8.87%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $3,695,000 $739,000 $14,311 8.60%
ASHEVILLE, NC (FHA|USDA|VA) 6 $3,600,000 $600,000 $18,394 8.77%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 5 $3,585,000 $717,000 $41,377 7.92%
BAKERSFIELD, CA (FHA|USDA|VA) 10 $3,550,000 $355,000 $23,068 8.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 17 $3,405,000 $200,294 $18,613 8.75%
SANTA FE, NM (FHA|USDA|VA) 4 $3,370,000 $842,500 $44,780 8.81%
WILMINGTON, NC (FHA|USDA|VA) 8 $3,320,000 $415,000 $10,025 7.73%
TUCSON, AZ (FHA|USDA|VA) 8 $3,150,000 $393,750 $18,018 7.80%
ST. GEORGE, UT (FHA|USDA|VA) 6 $3,130,000 $521,667 $11,864 8.33%
Jackson, WY-ID (FHA|USDA|VA) 2 $2,950,000 $1,475,000 $25,117 7.94%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 9 $2,915,000 $323,889 $14,405 9.19%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 7 $2,845,000 $406,429 $13,695 8.39%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $2,835,000 $405,000 $17,936 7.84%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $2,715,000 $905,000 $46,617 7.83%
BOULDER, CO (FHA|USDA|VA) 3 $2,665,000 $888,333 $10,544 8.29%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $2,605,000 $521,000 $20,358 9.42%
PANAMA CITY, FL (FHA|USDA|VA) 8 $2,600,000 $325,000 $11,438 8.64%
OCALA, FL (FHA|USDA|VA) 8 $2,580,000 $322,500 $17,247 8.25%
SAVANNAH, GA (FHA|USDA|VA) 10 $2,520,000 $252,000 $12,863 7.86%
BEND, OR (FHA|USDA|VA) 4 $2,480,000 $620,000 $13,693 9.59%
FRESNO, CA (FHA|USDA|VA) 7 $2,475,000 $353,571 $12,720 8.04%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 12 $2,370,000 $197,500 $10,103 8.80%
Georgetown, SC (FHA|USDA|VA) 5 $2,255,000 $451,000 $0 8.63%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $2,235,000 $319,286 $8,779 8.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 8 $2,230,000 $278,750 $12,154 7.81%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 8 $2,220,000 $277,500 $11,644 8.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 13 $2,215,000 $170,385 $8,131 8.73%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 12 $2,210,000 $184,167 $0 8.35%
EL PASO, TX (FHA|USDA|VA) 11 $2,175,000 $197,727 $9,124 8.93%
NAPA, CA (FHA|USDA|VA) 2 $2,160,000 $1,080,000 $27,768 8.12%
Heber, UT (FHA|USDA|VA) 2 $2,150,000 $1,075,000 $18,814 9.00%
Kapaa, HI (FHA|USDA|VA) 1 $2,065,000 $2,065,000 $45,412 7.75%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $2,010,000 $502,500 $10,007 9.06%
ODESSA, TX (FHA|USDA|VA) 4 $1,990,000 $497,500 $22,739 9.09%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $1,935,000 $276,429 $19,600 8.57%
Kill Devil Hills, NC (FHA|USDA|VA) 5 $1,925,000 $385,000 $0 8.70%
IDAHO FALLS, ID (FHA|USDA|VA) 3 $1,915,000 $638,333 $18,302 9.04%
GAINESVILLE, GA (FHA|USDA|VA) 4 $1,910,000 $477,500 $19,328 7.53%
Morehead City, NC (FHA|USDA|VA) 3 $1,905,000 $635,000 $15,478 8.29%
Aberdeen, WA (FHA|USDA|VA) 1 $1,885,000 $1,885,000 $10,187 9.75%
SPARTANBURG, SC (FHA|USDA|VA) 8 $1,860,000 $232,500 $7,890 9.02%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 8 $1,760,000 $220,000 $12,131 8.94%
OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,750,000 $437,500 $10,579 8.47%
Hilo, HI (FHA|USDA|VA) 4 $1,700,000 $425,000 $7,686 8.28%
PITTSBURGH, PA (FHA|USDA|VA) 9 $1,625,000 $180,556 $9,873 8.85%
KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $1,605,000 $145,909 $7,382 8.45%
Boone, NC (FHA|USDA|VA) 2 $1,560,000 $780,000 $26,126 8.37%
SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,560,000 $390,000 $10,062 7.97%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $1,545,000 $309,000 $18,054 8.08%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,525,000 $508,333 $13,155 7.50%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,515,000 $505,000 $22,597 9.42%
KNOXVILLE, TN (FHA|USDA|VA) 3 $1,485,000 $495,000 $14,147 8.33%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $1,460,000 $730,000 $23,316 8.63%
GAINESVILLE, FL (FHA|USDA|VA) 8 $1,440,000 $180,000 $11,077 8.64%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 10 $1,440,000 $144,000 $6,144 8.56%
BOISE CITY, ID (FHA|USDA|VA) 6 $1,410,000 $235,000 $10,371 8.00%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $0 8.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $1,375,000 $275,000 $10,455 8.95%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $1,360,000 $340,000 $16,084 8.72%
Rockport, TX (FHA|USDA|VA) 3 $1,335,000 $445,000 $10,964 7.96%
RAPID CITY, SD (FHA|USDA|VA) 4 $1,330,000 $332,500 $15,880 8.31%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $12,252 8.73%
SALEM, OR (FHA|USDA|VA) 4 $1,300,000 $325,000 $9,693 7.81%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 5 $1,295,000 $259,000 $9,073 8.65%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $1,290,000 $645,000 $19,186 7.31%
VALLEJO, CA (FHA|USDA|VA) 3 $1,225,000 $408,333 $0 8.71%
OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $1,195,000 $170,714 $0 8.23%
STOCKTON, CA (FHA|USDA|VA) 3 $1,175,000 $391,667 $13,760 8.58%
Bozeman, MT (FHA|USDA|VA) 2 $1,170,000 $585,000 $0 9.87%
Glenwood Springs, CO (FHA|USDA|VA) 2 $1,160,000 $580,000 $7,720 8.00%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $1,150,000 $575,000 $16,374 7.94%
TULSA, OK (FHA|USDA|VA) 6 $1,140,000 $190,000 $13,044 9.15%
SALINAS, CA (FHA|USDA|VA) 1 $1,135,000 $1,135,000 $23,590 9.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,135,000 $378,333 $16,968 8.00%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $1,130,000 $282,500 $0 8.37%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 5 $1,055,000 $211,000 $9,956 8.02%
ALBUQUERQUE, NM (FHA|USDA|VA) 6 $1,010,000 $168,333 $0 8.63%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 4 $1,010,000 $252,500 $13,099 8.75%
COLUMBIA, SC (FHA|USDA|VA) 6 $1,010,000 $168,333 $10,179 9.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $965,000 $321,667 $7,090 8.88%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 4 $940,000 $235,000 $14,892 8.78%
LAS CRUCES, NM (FHA|USDA|VA) 3 $935,000 $311,667 $15,565 8.79%
MADERA, CA (FHA|USDA|VA) 4 $910,000 $227,500 $0 8.44%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $910,000 $227,500 $14,919 7.56%
Jefferson, GA (FHA|USDA|VA) 3 $895,000 $298,333 $8,764 8.12%
AMARILLO, TX (FHA|USDA|VA) 3 $895,000 $298,333 $16,201 8.54%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $885,000 $177,000 $16,403 8.22%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $880,000 $220,000 $11,360 8.00%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $875,000 $291,667 $11,754 8.29%
MOBILE, AL (FHA|USDA|VA) 3 $875,000 $291,667 $9,970 8.83%
Newberry, SC (FHA|USDA|VA) 2 $860,000 $430,000 $19,771 8.19%
Eureka-Arcata, CA (FHA|USDA|VA) 2 $840,000 $420,000 $11,768 7.69%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $825,000 $825,000 $0 7.63%
VISALIA, CA (FHA|USDA|VA) 3 $805,000 $268,333 $11,646 8.38%
PROVO-OREM, UT (FHA|USDA|VA) 1 $805,000 $805,000 $19,132 9.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $795,000 $265,000 $12,542 9.58%
GREELEY, CO (FHA|USDA|VA) 3 $775,000 $258,333 $4,341 7.67%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $770,000 $385,000 $14,303 8.87%
JACKSON, MS (FHA|USDA|VA) 4 $760,000 $190,000 $9,605 7.31%
Cullowhee, NC (FHA|USDA|VA) 3 $755,000 $251,667 $13,484 9.08%
Torrington, CT (FHA|USDA|VA) 2 $750,000 $375,000 $19,892 9.13%
Traverse City, MI (FHA|USDA|VA) 1 $745,000 $745,000 $18,056 8.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $745,000 $248,333 $0 9.88%
BELLINGHAM, WA (FHA|USDA|VA) 2 $730,000 $365,000 $0 8.13%
ROCHESTER, MN (FHA|USDA|VA) 2 $700,000 $350,000 $14,663 8.56%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $690,000 $172,500 $7,343 8.16%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $685,000 $685,000 $0 8.13%
LINCOLN, NE (FHA|USDA|VA) 1 $675,000 $675,000 $19,171 7.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $670,000 $335,000 $11,199 7.75%
FARGO, ND-MN (FHA|USDA|VA) 2 $660,000 $330,000 $16,831 7.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $660,000 $330,000 $14,316 8.94%
REDDING, CA (FHA|USDA|VA) 2 $660,000 $330,000 $17,445 8.25%
WENATCHEE, WA (FHA|USDA|VA) 1 $635,000 $635,000 $13,871 9.63%
AKRON, OH (FHA|USDA|VA) 6 $610,000 $101,667 $0 8.83%
RACINE, WI (FHA|USDA|VA) 3 $605,000 $201,667 $0 9.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $605,000 $201,667 $0 8.79%
Pahrump, NV (FHA|USDA|VA) 2 $590,000 $295,000 $0 8.25%
LONGVIEW, TX (FHA|USDA|VA) 2 $580,000 $290,000 $10,257 9.38%
YAKIMA, WA (FHA|USDA|VA) 1 $575,000 $575,000 $0 9.25%
GREEN BAY, WI (FHA|USDA|VA) 2 $550,000 $275,000 $7,677 8.94%
Williston, ND (FHA|USDA|VA) 1 $545,000 $545,000 $14,048 11.25%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $535,000 $535,000 $23,689 7.75%
THE VILLAGES, FL (FHA|USDA|VA) 2 $530,000 $265,000 $12,933 8.38%
Astoria, OR (FHA|USDA|VA) 1 $525,000 $525,000 $0 9.75%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $515,000 $171,667 $4,248 8.38%
SHEBOYGAN, WI (FHA|USDA|VA) 2 $510,000 $255,000 $8,883 9.56%
NILES, MI (FHA|USDA|VA) 1 $505,000 $505,000 $0 8.75%
Shelbyville, TN (FHA|USDA|VA) 1 $495,000 $495,000 $16,293 9.75%
Palestine, TX (FHA|USDA|VA) 1 $495,000 $495,000 $12,619 7.38%
MONTGOMERY, AL (FHA|USDA|VA) 1 $495,000 $495,000 $19,290 9.88%
Greenwood, SC (FHA|USDA|VA) 2 $470,000 $235,000 $8,717 9.31%
Warrensburg, MO (FHA|USDA|VA) 3 $455,000 $151,667 $0 9.04%
MODESTO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $5,176 8.63%
LOGAN, UT-ID (FHA|USDA|VA) 1 $445,000 $445,000 $5,818 7.88%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $440,000 $220,000 $9,336 8.19%
LAFAYETTE, LA (FHA|USDA|VA) 2 $430,000 $215,000 $10,189 8.06%
Sevierville, TN (FHA|USDA|VA) 1 $425,000 $425,000 $0 7.88%
Orangeburg, SC (FHA|USDA|VA) 1 $425,000 $425,000 $14,987 9.38%
WACO, TX (FHA|USDA|VA) 1 $415,000 $415,000 $7,421 8.50%
Cedar City, UT (FHA|USDA|VA) 1 $405,000 $405,000 $12,789 9.00%
LANCASTER, PA (FHA|USDA|VA) 2 $400,000 $200,000 $0 8.81%
ABILENE, TX (FHA|USDA|VA) 3 $395,000 $131,667 $0 7.75%
GADSDEN, AL (FHA|USDA|VA) 1 $395,000 $395,000 $12,362 7.88%
Brownwood, TX (FHA|USDA|VA) 1 $395,000 $395,000 $11,241 7.63%
ROANOKE, VA (FHA|USDA|VA) 2 $390,000 $195,000 $5,788 8.13%
LYNCHBURG, VA (FHA|USDA|VA) 2 $390,000 $195,000 $0 8.56%
Brainerd, MN (FHA|USDA|VA) 1 $385,000 $385,000 $16,768 7.50%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $375,000 $375,000 $7,827 8.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $370,000 $185,000 $11,238 9.19%
ST. CLOUD, MN (FHA|USDA|VA) 2 $370,000 $185,000 $8,819 8.63%
Vernal, UT (FHA|USDA|VA) 1 $365,000 $365,000 $0 10.88%
MISSOULA, MT (FHA|USDA|VA) 1 $365,000 $365,000 $10,590 9.00%
Okeechobee, FL (FHA|USDA|VA) 1 $365,000 $365,000 $0 7.63%
Breckenridge, CO (FHA|USDA|VA) 1 $365,000 $365,000 $6,024 8.63%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $360,000 $180,000 $13,869 9.50%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $355,000 $355,000 $0 8.13%
Laconia, NH (FHA|USDA|VA) 1 $345,000 $345,000 $4,160 10.38%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $325,000 $325,000 $17,639 7.75%
HARRISONBURG, VA (FHA|USDA|VA) 1 $315,000 $315,000 $11,319 10.25%
Moultrie, GA (FHA|USDA|VA) 2 $310,000 $155,000 $0 9.50%
Kerrville, TX (FHA|USDA|VA) 1 $305,000 $305,000 $13,734 8.75%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $305,000 $305,000 $8,160 8.00%
Russellville, AR (FHA|USDA|VA) 1 $305,000 $305,000 $6,681 9.25%
Forest City, NC (FHA|USDA|VA) 2 $300,000 $150,000 $0 7.81%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $295,000 $295,000 $0 7.63%
DOVER, DE (FHA|USDA|VA) 2 $290,000 $145,000 $0 8.63%
Sulphur Springs, TX (FHA|USDA|VA) 1 $285,000 $285,000 $7,453 9.00%
LUBBOCK, TX (FHA|USDA|VA) 2 $280,000 $140,000 $7,095 9.50%
Brevard, NC (FHA|USDA|VA) 1 $275,000 $275,000 $0 8.25%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $275,000 $275,000 $11,311 11.00%
SUMTER, SC (FHA|USDA|VA) 1 $275,000 $275,000 $0 9.88%
WALLA WALLA, WA (FHA|USDA|VA) 1 $275,000 $275,000 $0 9.00%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $270,000 $135,000 $0 8.81%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $270,000 $135,000 $0 9.06%
Clewiston, FL (FHA|USDA|VA) 1 $265,000 $265,000 $13,168 7.63%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $265,000 $265,000 $7,973 8.38%
Danville, VA (FHA|USDA|VA) 2 $260,000 $130,000 $4,575 9.69%
MERCED, CA (FHA|USDA|VA) 1 $255,000 $255,000 $0 8.50%
Granbury, TX (FHA|USDA|VA) 1 $255,000 $255,000 $8,589 10.25%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $245,000 $245,000 $0 8.00%
Kalispell, MT (FHA|USDA|VA) 1 $245,000 $245,000 $13,251 8.63%
Arcadia, FL (FHA|USDA|VA) 1 $235,000 $235,000 $10,193 9.00%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $235,000 $235,000 $0 9.25%
CASPER, WY (FHA|USDA|VA) 1 $225,000 $225,000 $0 8.75%
Show Low, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $0 9.63%
Owatonna, MN (FHA|USDA|VA) 1 $215,000 $215,000 $11,703 8.00%
Seneca, SC (FHA|USDA|VA) 1 $215,000 $215,000 $1,646 7.88%
Manitowoc, WI (FHA|USDA|VA) 2 $210,000 $105,000 $3,401 7.88%
YUMA, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $0 9.38%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $205,000 $205,000 $11,317 9.88%
LONGVIEW, WA (FHA|USDA|VA) 1 $205,000 $205,000 $0 9.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $9,694 7.50%
READING, PA (FHA|USDA|VA) 2 $200,000 $100,000 $0 8.00%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.75%
VICTORIA, TX (FHA|USDA|VA) 1 $195,000 $195,000 $6,322 9.00%
VALDOSTA, GA (FHA|USDA|VA) 1 $185,000 $185,000 $9,996 10.00%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $180,000 $90,000 $0 8.31%
Nogales, AZ (FHA|USDA|VA) 1 $175,000 $175,000 $0 9.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $175,000 $175,000 $0 8.75%
Bonham, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 8.38%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $170,000 $85,000 $0 9.50%
CLEVELAND, TN (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.00%
Elizabeth City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 9.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.38%
BAY CITY, MI (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.63%
Ontario, OR-ID (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.50%
Concord, NH (FHA|USDA|VA) 1 $155,000 $155,000 $8,428 7.13%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.00%
Brownsville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.88%
Cullman, AL (FHA|USDA|VA) 1 $145,000 $145,000 $0 8.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.50%
Beeville, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.50%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.00%
LAREDO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.00%
HINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.00%
MORRISTOWN, TN (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.75%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.00%
GREENVILLE, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 9.13%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $125,000 $125,000 $0 9.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.38%
Mount Vernon, OH (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.88%
Fitzgerald, GA (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.00%
ANN ARBOR, MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.38%
LAWTON, OK (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.63%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.13%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.00%
LOUISVILLE, KY (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.88%
MEDFORD, OR (FHA|USDA|VA) 1 $105,000 $105,000 $0 12.38%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.50%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.63%
PEORIA, IL (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.00%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.63%
Hutchinson, KS (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.75%
GOLDSBORO, NC (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.50%
HAMMOND, LA (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $65,000 $65,000 $2,181 5.88%
Angel Oak Mortgage Solutions's top markets include Miami, Los Angeles, Tampa, Dallas, and Houston among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,050 $1,309,750,000 $429,426 $16,998 8.44%

    For 2023, Angel Oak Mortgage Solutions's most frequently originated type of loan was Conventional, with 3,050 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,142 $975,500,000 $455,415 $17,437 8.43%
    Cash Out Refi 848 $312,670,000 $368,715 $15,714 8.47%
    Refi 50 $19,050,000 $381,000 $12,497 8.31%
    Home Improvement 10 $2,530,000 $253,000 $11,023 8.30%

    For 2023, Angel Oak Mortgage Solutions's most frequently cited loan purpose was Home Purchase, with 2,142 originations. The 2nd most popular reason was Cash Out Refi, with 848 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,005 $1,274,865,000 $424,248 $16,802 8.44%
    30+ year 45 $34,885,000 $775,222 $25,966 8.27%

    For 2023, Angel Oak Mortgage Solutions's most frequently cited loan duration was 30 Year, with 3,005 originations. The 2nd most popular length was 30+ year, with 45 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,154 $719,550,000 $623,527
    $3k-4k 53 $15,965,000 $301,226
    $4k-5k 49 $17,955,000 $366,429
    $1k-2k 44 $32,130,000 $730,227
    $2k-3k 35 $13,205,000 $377,286
    $<1k 18 $5,880,000 $326,667

    Angel Oak Mortgage Solutions's average total fees were $16,802, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,154 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 1,830 $752,380,000 $411,137
    7-8% 1,034 $473,220,000 $457,660
    6-7% 181 $83,635,000 $462,072
    5-6% 5 $515,000 $103,000

    During 2023, Angel Oak Mortgage Solutions's average interest rate for loans was 8.44%, while their most frequently originated rate bucket for loans was Over 8%, with 1,830 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,093 $312,075,000 $285,522 $11,640 8.45%
    $100k-200k 762 $115,280,000 $151,286 $7,913 8.50%
    $400k-600k 531 $258,015,000 $485,904 $15,549 8.47%
    $600k-1MM 335 $249,995,000 $746,254 $20,380 8.38%
    $1MM+ 247 $367,665,000 $1,488,522 $32,855 8.27%
    $100,000 or less 82 $6,720,000 $81,951 $3,893 8.22%

    2023 saw Angel Oak Mortgage Solutions place emphasis on $200k-400k loans with 1,093 originations, totaling $312,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 925 $689,725,000 $745,649 $20,779 8.45%
    $150k-250k 349 $141,285,000 $404,828 $14,750 8.42%
    $100k-150k 246 $71,820,000 $291,951 $11,745 8.30%
    $75k-100k 88 $19,560,000 $222,273 $9,650 8.38%
    $50k-75k 48 $8,910,000 $185,625 $8,923 8.51%
    $50k or less 29 $4,725,000 $162,931 $6,540 8.26%

    Angel Oak Mortgage Solutions lent most frequently to those with incomes in the $250k+ range, with 925 originations. The second most popular income band? $150k-250k, with 349 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 336 $207,030,000 $616,161 $18,383 8.40%
    20-30% 315 $189,665,000 $602,111 $17,112 8.36%
    30-36% 224 $122,230,000 $545,670 $16,765 8.37%
    49% 92 $41,950,000 $455,978 $15,090 8.51%
    41% 71 $37,635,000 $530,070 $17,110 8.48%
    42% 66 $33,780,000 $511,818 $16,016 8.39%
    44% 63 $33,535,000 $532,302 $16,694 8.27%
    48% 63 $36,125,000 $573,413 $16,823 8.60%
    39% 62 $32,000,000 $516,129 $16,913 8.21%
    40% 60 $38,130,000 $635,500 $18,270 8.51%
    47% 59 $28,975,000 $491,102 $16,289 8.61%
    45% 48 $22,450,000 $467,708 $14,953 8.68%
    46% 44 $18,410,000 $418,409 $14,501 8.50%
    38% 42 $19,230,000 $457,857 $13,487 8.40%
    43% 42 $21,960,000 $522,857 $18,060 8.50%
    37% 40 $28,230,000 $705,750 $21,095 8.32%
    36% 34 $16,710,000 $491,471 $14,417 8.51%
    50-60% 5 $3,035,000 $607,000 $23,094 8.35%
    >60% 1 $745,000 $745,000 $13,850 9.50%

    Angel Oak Mortgage Solutions lent most frequently to those with DTI ratios of <20%, with 336 originations. The next most common DTI ratio? 20-30%, with 315 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,036 $880,220,000 $432,328 $16,936 8.44%
    Not provided 519 $224,155,000 $431,898 $17,190 8.41%
    Asian 240 $116,530,000 $485,542 $18,785 8.25%
    Black 227 $79,895,000 $351,960 $15,248 8.71%
    American Indian 21 $5,865,000 $279,286 $13,713 8.33%
    Native Hawaiian or Islander 5 $2,315,000 $463,000 $20,038 8.47%
    Other Asian 1 $455,000 $455,000 $21,752 9.75%
    Filipino 1 $315,000 $315,000 $9,049 7.50%

    Approval Rates

    Total approvals of all applications
    80.14%

    Angel Oak Mortgage Solutions has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    30.66%

    Angel Oak Mortgage Solutions has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,050 $1,309,750,000 $429,426

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,050 $1,309,750,000 $429,426

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 119 $32,865,000 $276,176 $10,126 8.12%
    40-60% 397 $156,215,000 $393,489 $14,816 7.90%
    60-80% 1,856 $727,680,000 $392,069 $16,676 8.48%
    80-100% 654 $388,350,000 $593,807 $18,837 8.68%
    Over 100% 2 $400,000 $200,000 $10,840 7.88%
    Under 20% 22 $4,240,000 $192,727 $8,630 9.29%