Angel Oak Mortgage Solutions Rates, Fees & Info

WILMINGTON, DE

LEI: 549300KSOOZZVXCMA627

Tax ID: 46-4200240

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 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, Atlanta, Phoenix, and Tampa among others. We have data for 291 markets. (Some data included below & more in-depth data is available with an active subscription.)

Angel Oak Mortgage Solutions has a below average approval rate when compared to the average across all lenders. They have an above 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%	4/18/24
30 Year Conventional Refi	7.44%	4/18/24
30 Year Cash-out Refi	8.03%	4/18/24
15 Year Conventional Purchase	5.68%	4/18/24
15 Year Conventional Refi	6.18%	4/18/24
15 Year Cash-out Refi	6.18%	4/18/24
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

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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

2,900

Origination Dollar Volume (All Markets)

$1,050,180,000

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)	378	$126,550,000	$334,788	$10,012	6.98%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	139	$111,565,000	$802,626	$13,763	6.21%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	110	$44,050,000	$400,455	$8,724	7.12%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	90	$38,150,000	$423,889	$7,753	7.20%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	129	$34,105,000	$264,380	$7,772	7.35%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	116	$32,780,000	$282,586	$7,237	7.69%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	94	$31,510,000	$335,213	$8,001	7.43%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	38	$29,690,000	$781,316	$11,271	6.21%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	30	$28,650,000	$955,000	$12,503	6.20%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	64	$26,050,000	$407,031	$9,356	6.71%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	46	$24,190,000	$525,870	$10,356	6.44%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	88	$23,760,000	$270,000	$9,333	7.14%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	60	$23,720,000	$395,333	$9,814	6.94%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	37	$20,475,000	$553,378	$7,577	6.78%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	39	$18,905,000	$484,744	$9,550	7.09%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	51	$16,525,000	$324,020	$7,313	7.26%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	48	$16,310,000	$339,792	$9,548	6.94%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	50	$13,010,000	$260,200	$8,126	7.45%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	24	$12,340,000	$514,167	$8,275	7.16%
JACKSONVILLE, FL (FHA\|USDA\|VA)	43	$12,175,000	$283,140	$8,472	7.30%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	32	$11,970,000	$374,063	$9,692	7.20%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	28	$11,950,000	$426,786	$8,712	6.52%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	43	$11,445,000	$266,163	$8,177	7.02%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	25	$10,445,000	$417,800	$8,789	6.95%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	14	$10,380,000	$741,429	$12,096	6.10%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	44	$10,060,000	$228,636	$7,325	6.97%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	32	$9,720,000	$303,750	$8,292	7.54%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	22	$9,660,000	$439,091	$10,386	6.95%
Outside of Metro Areas	36	$8,860,000	$246,111	$6,059	7.60%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	26	$8,630,000	$331,923	$8,888	7.67%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	15	$7,465,000	$497,667	$8,385	6.36%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	26	$7,460,000	$286,923	$7,621	7.75%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	22	$6,950,000	$315,909	$9,522	7.11%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	18	$6,590,000	$366,111	$5,791	6.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	28	$6,410,000	$228,929	$8,055	6.99%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	8	$5,920,000	$740,000	$16,467	6.64%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	17	$5,775,000	$339,706	$8,394	7.23%
PROVO-OREM, UT (FHA\|USDA\|VA)	11	$5,765,000	$524,091	$5,134	7.32%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	14	$5,540,000	$395,714	$10,679	6.60%
COLUMBUS, OH (FHA\|USDA\|VA)	17	$5,025,000	$295,588	$6,401	8.09%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	10	$4,890,000	$489,000	$9,748	7.34%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	18	$4,600,000	$255,556	$6,748	7.32%
Key West, FL (FHA\|USDA\|VA)	6	$4,530,000	$755,000	$13,096	6.21%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	14	$4,440,000	$317,143	$7,988	7.69%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	13	$4,205,000	$323,462	$7,020	7.52%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	18	$4,140,000	$230,000	$5,490	7.56%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	7	$4,025,000	$575,000	$8,618	7.43%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	7	$3,765,000	$537,857	$11,788	5.96%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	11	$3,575,000	$325,000	$6,730	7.12%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	18	$3,470,000	$192,778	$5,600	7.73%
STOCKTON, CA (FHA\|USDA\|VA)	9	$3,245,000	$360,556	$8,524	6.39%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	18	$3,150,000	$175,000	$5,931	7.90%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	14	$3,110,000	$222,143	$5,189	8.18%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	17	$3,095,000	$182,059	$7,363	7.73%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	6	$2,860,000	$476,667	$10,756	6.91%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA\|USDA\|VA)	6	$2,850,000	$475,000	$5,144	6.22%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	11	$2,805,000	$255,000	$6,526	8.26%
BOULDER, CO (FHA\|USDA\|VA)	5	$2,755,000	$551,000	$13,153	6.84%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	13	$2,565,000	$197,308	$7,155	7.80%
TULSA, OK (FHA\|USDA\|VA)	4	$2,470,000	$617,500	$8,268	7.38%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	8	$2,320,000	$290,000	$6,934	7.19%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	4	$2,250,000	$562,500	$7,527	6.87%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	8	$2,150,000	$268,750	$6,292	7.54%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	5	$2,095,000	$419,000	$7,733	6.38%
ST. GEORGE, UT (FHA\|USDA\|VA)	4	$2,080,000	$520,000	$10,508	6.97%
Edwards, CO (FHA\|USDA\|VA)	3	$2,005,000	$668,333	$10,052	5.79%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	6	$1,990,000	$331,667	$6,356	7.31%
SALISBURY, MD-DE (FHA\|USDA\|VA)	6	$1,970,000	$328,333	$9,797	7.71%
VALLEJO, CA (FHA\|USDA\|VA)	6	$1,960,000	$326,667	$6,623	7.08%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	6	$1,960,000	$326,667	$9,320	8.50%
SAVANNAH, GA (FHA\|USDA\|VA)	8	$1,880,000	$235,000	$6,559	8.17%
FRESNO, CA (FHA\|USDA\|VA)	6	$1,690,000	$281,667	$8,051	6.22%
Heber, UT (FHA\|USDA\|VA)	4	$1,600,000	$400,000	$6,423	6.53%
TUCSON, AZ (FHA\|USDA\|VA)	6	$1,570,000	$261,667	$7,630	6.59%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	7	$1,565,000	$223,571	$5,762	8.36%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	4	$1,500,000	$375,000	$7,907	7.71%
GREELEY, CO (FHA\|USDA\|VA)	5	$1,485,000	$297,000	$8,028	7.23%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	5	$1,465,000	$293,000	$5,274	7.03%
SANTA FE, NM (FHA\|USDA\|VA)	5	$1,415,000	$283,000	$8,434	6.81%
MANHATTAN, KS (FHA\|USDA\|VA)	2	$1,400,000	$700,000	$4,749	6.75%
MANCHESTER-NASHUA, NH (FHA\|USDA\|VA)	6	$1,400,000	$233,333	$6,359	6.82%
OCEAN CITY, NJ (FHA\|USDA\|VA)	4	$1,380,000	$345,000	$7,907	7.44%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	4	$1,380,000	$345,000	$7,599	7.44%
OCALA, FL (FHA\|USDA\|VA)	8	$1,310,000	$163,750	$6,911	7.82%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	5	$1,275,000	$255,000	$6,674	8.27%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	5	$1,275,000	$255,000	$5,665	7.55%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	7	$1,265,000	$180,714	$6,903	7.40%
ATLANTIC CITY-HAMMONTON, NJ (FHA\|USDA\|VA)	6	$1,260,000	$210,000	$5,065	8.54%
SALEM, OR (FHA\|USDA\|VA)	5	$1,255,000	$251,000	$6,264	6.99%
PUNTA GORDA, FL (FHA\|USDA\|VA)	7	$1,245,000	$177,857	$6,553	7.66%
BAKERSFIELD, CA (FHA\|USDA\|VA)	8	$1,240,000	$155,000	$6,904	7.60%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	5	$1,225,000	$245,000	$4,906	7.90%
SANTA CRUZ-WATSONVILLE, CA (FHA\|USDA\|VA)	1	$1,155,000	$1,155,000	$27,729	5.60%
RICHMOND, VA (FHA\|USDA\|VA)	6	$1,130,000	$188,333	$6,289	7.68%
ALBUQUERQUE, NM (FHA\|USDA\|VA)	5	$1,115,000	$223,000	$5,950	8.20%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	5	$1,095,000	$219,000	$7,449	7.50%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	7	$1,085,000	$155,000	$5,778	6.45%
COLUMBUS, GA-AL (FHA\|USDA\|VA)	1	$1,085,000	$1,085,000	$27,817	5.00%
PORTLAND-SOUTH PORTLAND, ME (FHA\|USDA\|VA)	4	$1,060,000	$265,000	$6,756	8.00%
VISALIA, CA (FHA\|USDA\|VA)	7	$1,035,000	$147,857	$6,483	6.69%
St. Marys, GA (FHA\|USDA\|VA)	3	$1,025,000	$341,667	$5,297	7.54%
ASHEVILLE, NC (FHA\|USDA\|VA)	3	$995,000	$331,667	$5,082	6.88%
COLUMBIA, SC (FHA\|USDA\|VA)	3	$985,000	$328,333	$3,534	6.25%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	6	$970,000	$161,667	$4,225	8.33%
DOVER, DE (FHA\|USDA\|VA)	4	$930,000	$232,500	$8,597	6.92%
WILMINGTON, NC (FHA\|USDA\|VA)	4	$930,000	$232,500	$5,009	7.32%
MEDFORD, OR (FHA\|USDA\|VA)	3	$915,000	$305,000	$6,542	8.08%
Rockport, TX (FHA\|USDA\|VA)	2	$910,000	$455,000	$9,338	7.37%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	4	$900,000	$225,000	$4,547	8.09%
DES MOINES-WEST DES MOINES, IA (FHA\|USDA\|VA)	3	$895,000	$298,333	$5,253	8.42%
LOUISVILLE, KY (FHA\|USDA\|VA)	4	$880,000	$220,000	$5,817	7.41%
CASPER, WY (FHA\|USDA\|VA)	3	$875,000	$291,667	$6,293	8.13%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	3	$875,000	$291,667	$6,428	6.66%
JACKSON, MS (FHA\|USDA\|VA)	3	$865,000	$288,333	$7,481	7.29%
ATHENS-CLARKE COUNTY, GA (FHA\|USDA\|VA)	4	$860,000	$215,000	$7,470	6.90%
GAINESVILLE, GA (FHA\|USDA\|VA)	2	$860,000	$430,000	$8,913	5.13%
BATON ROUGE, LA (FHA\|USDA\|VA)	5	$855,000	$171,000	$5,848	7.30%
EL PASO, TX (FHA\|USDA\|VA)	5	$855,000	$171,000	$5,592	8.13%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	3	$815,000	$271,667	$9,936	6.71%
CHICO, CA (FHA\|USDA\|VA)	2	$780,000	$390,000	$10,147	6.50%
BEND, OR (FHA\|USDA\|VA)	2	$780,000	$390,000	$7,386	6.44%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	2	$740,000	$370,000	$13,540	6.37%
CLEVELAND, TN (FHA\|USDA\|VA)	2	$680,000	$340,000	$7,466	7.38%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	4	$680,000	$170,000	$6,172	8.06%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	1	$655,000	$655,000	$17,662	5.50%
RACINE, WI (FHA\|USDA\|VA)	4	$650,000	$162,500	$3,847	9.03%
CALIFORNIA-LEXINGTON PARK, MD (FHA\|USDA\|VA)	2	$650,000	$325,000	$10,434	8.69%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA\|USDA\|VA)	3	$645,000	$215,000	$7,680	6.98%
PANAMA CITY, FL (FHA\|USDA\|VA)	4	$640,000	$160,000	$6,530	7.16%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	3	$635,000	$211,667	$4,621	7.71%
Taos, NM (FHA\|USDA\|VA)	1	$615,000	$615,000	$5,972	7.50%
PITTSBURGH, PA (FHA\|USDA\|VA)	2	$600,000	$300,000	$4,999	7.38%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	3	$595,000	$198,333	$7,076	7.43%
THE VILLAGES, FL (FHA\|USDA\|VA)	3	$575,000	$191,667	$7,490	6.46%
Kerrville, TX (FHA\|USDA\|VA)	1	$565,000	$565,000	$12,985	6.38%
Clearlake, CA (FHA\|USDA\|VA)	2	$560,000	$280,000	$11,929	6.26%
WICHITA, KS (FHA\|USDA\|VA)	2	$560,000	$280,000	$10,714	6.94%
HUNTSVILLE, AL (FHA\|USDA\|VA)	3	$555,000	$185,000	$5,655	7.44%
Columbus, MS (FHA\|USDA\|VA)	2	$550,000	$275,000	$6,861	8.50%
TRENTON-PRINCETON, NJ (FHA\|USDA\|VA)	2	$540,000	$270,000	$9,362	8.06%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	2	$530,000	$265,000	$4,742	7.53%
MUNCIE, IN (FHA\|USDA\|VA)	2	$530,000	$265,000	$4,845	9.06%
LAFAYETTE-WEST LAFAYETTE, IN (FHA\|USDA\|VA)	2	$530,000	$265,000	$5,835	6.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA\|USDA\|VA)	1	$525,000	$525,000	$8,064	5.88%
MACON-BIBB COUNTY, GA (FHA\|USDA\|VA)	2	$520,000	$260,000	$6,168	8.69%
Findlay, OH (FHA\|USDA\|VA)	2	$500,000	$250,000	$6,769	9.69%
JACKSONVILLE, NC (FHA\|USDA\|VA)	2	$490,000	$245,000	$6,098	5.91%
FAYETTEVILLE, NC (FHA\|USDA\|VA)	1	$485,000	$485,000	$15,973	6.13%
SOUTH BEND-MISHAWAKA, IN-MI (FHA\|USDA\|VA)	1	$485,000	$485,000	$16,129	5.63%
Granbury, TX (FHA\|USDA\|VA)	1	$485,000	$485,000	$11,524	6.63%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	3	$475,000	$158,333	$4,358	8.15%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	3	$475,000	$158,333	$6,110	7.96%
GREENVILLE, NC (FHA\|USDA\|VA)	2	$470,000	$235,000	$8,535	6.56%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	1	$455,000	$455,000	$11,539	6.88%
KNOXVILLE, TN (FHA\|USDA\|VA)	3	$455,000	$151,667	$3,660	8.02%
Sonora, CA (FHA\|USDA\|VA)	1	$455,000	$455,000	$12,233	4.87%
Jefferson, GA (FHA\|USDA\|VA)	1	$455,000	$455,000	$4,167	6.88%
Huntington, IN (FHA\|USDA\|VA)	1	$455,000	$455,000	$9,523	9.25%
MERCED, CA (FHA\|USDA\|VA)	1	$445,000	$445,000	$8,519	6.75%
AKRON, OH (FHA\|USDA\|VA)	2	$440,000	$220,000	$9,969	7.40%
BROWNSVILLE-HARLINGEN, TX (FHA\|USDA\|VA)	2	$430,000	$215,000	$9,740	7.12%
LONGVIEW, WA (FHA\|USDA\|VA)	1	$425,000	$425,000	$5,612	9.50%
ODESSA, TX (FHA\|USDA\|VA)	3	$415,000	$138,333	$6,757	8.58%
Fergus Falls, MN (FHA\|USDA\|VA)	1	$415,000	$415,000	$6,082	8.00%
CHARLESTON, WV (FHA\|USDA\|VA)	1	$405,000	$405,000	$2,978	9.75%
SPARTANBURG, SC (FHA\|USDA\|VA)	2	$400,000	$200,000	$5,044	7.06%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	2	$400,000	$200,000	$5,473	9.06%
MADISON, WI (FHA\|USDA\|VA)	1	$395,000	$395,000	$3,222	7.50%
Sandpoint, ID (FHA\|USDA\|VA)	1	$395,000	$395,000	$7,027	7.88%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	2	$390,000	$195,000	$8,489	9.12%
MORRISTOWN, TN (FHA\|USDA\|VA)	2	$390,000	$195,000	$4,886	8.06%
CARSON CITY, NV (FHA\|USDA\|VA)	2	$390,000	$195,000	$5,061	8.19%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA\|USDA\|VA)	2	$380,000	$190,000	$3,373	7.88%
MODESTO, CA (FHA\|USDA\|VA)	2	$370,000	$185,000	$7,745	5.04%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	2	$360,000	$180,000	$7,354	7.19%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	2	$360,000	$180,000	$6,695	8.94%
SEBRING-AVON PARK, FL (FHA\|USDA\|VA)	3	$355,000	$118,333	$5,418	8.08%
WACO, TX (FHA\|USDA\|VA)	2	$350,000	$175,000	$7,380	8.22%
LAKE CHARLES, LA (FHA\|USDA\|VA)	1	$345,000	$345,000	$8,492	10.25%
YORK-HANOVER, PA (FHA\|USDA\|VA)	1	$345,000	$345,000	$12,280	6.75%
YUMA, AZ (FHA\|USDA\|VA)	1	$345,000	$345,000	$4,513	6.88%
ST. CLOUD, MN (FHA\|USDA\|VA)	1	$325,000	$325,000	$5,452	5.62%
Frankfort, IN (FHA\|USDA\|VA)	1	$325,000	$325,000	$6,305	8.13%
Hermiston-Pendleton, OR (FHA\|USDA\|VA)	1	$325,000	$325,000	$8,114	8.50%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	1	$325,000	$325,000	$10,531	7.25%
FLORENCE, SC (FHA\|USDA\|VA)	1	$315,000	$315,000	$13,791	5.38%
MIDLAND, TX (FHA\|USDA\|VA)	2	$310,000	$155,000	$4,944	8.56%
STATE COLLEGE, PA (FHA\|USDA\|VA)	3	$305,000	$101,667	$5,947	6.66%
WENATCHEE, WA (FHA\|USDA\|VA)	1	$305,000	$305,000	$6,530	6.63%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA\|USDA\|VA)	2	$290,000	$145,000	$6,771	9.50%
WORCESTER, MA-CT (FHA\|USDA\|VA)	2	$290,000	$145,000	$4,442	7.06%
TYLER, TX (FHA\|USDA\|VA)	1	$285,000	$285,000	$4,265	8.63%
Washington, IN (FHA\|USDA\|VA)	1	$285,000	$285,000	$6,596	9.63%
GAINESVILLE, FL (FHA\|USDA\|VA)	1	$285,000	$285,000	$7,853	7.13%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	1	$285,000	$285,000	$5,274	9.50%
TALLAHASSEE, FL (FHA\|USDA\|VA)	2	$270,000	$135,000	$6,763	7.28%
MONROE, LA (FHA\|USDA\|VA)	1	$265,000	$265,000	$7,681	5.88%
KALAMAZOO-PORTAGE, MI (FHA\|USDA\|VA)	2	$260,000	$130,000	$6,795	8.19%
SIERRA VISTA-DOUGLAS, AZ (FHA\|USDA\|VA)	1	$255,000	$255,000	$4,233	6.50%
Payson, AZ (FHA\|USDA\|VA)	1	$255,000	$255,000	$4,215	5.75%
BELLINGHAM, WA (FHA\|USDA\|VA)	1	$255,000	$255,000	$6,757	5.63%
Kill Devil Hills, NC (FHA\|USDA\|VA)	1	$255,000	$255,000	$10,332	5.40%
Clewiston, FL (FHA\|USDA\|VA)	2	$250,000	$125,000	$6,815	8.00%
RENO, NV (FHA\|USDA\|VA)	1	$245,000	$245,000	$5,135	8.00%
HICKORY-LENOIR-MORGANTON, NC (FHA\|USDA\|VA)	1	$245,000	$245,000	$5,748	10.00%
Brevard, NC (FHA\|USDA\|VA)	1	$245,000	$245,000	$6,017	7.75%
LEXINGTON-FAYETTE, KY (FHA\|USDA\|VA)	2	$240,000	$120,000	$3,787	6.86%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	2	$240,000	$120,000	$3,971	9.25%
HARRISONBURG, VA (FHA\|USDA\|VA)	1	$235,000	$235,000	$8,734	6.13%
HATTIESBURG, MS (FHA\|USDA\|VA)	1	$235,000	$235,000	$3,670	9.13%
Rockingham, NC (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,503	9.25%
Ellensburg, WA (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,571	5.88%
Pullman, WA (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,000	7.25%
BILLINGS, MT (FHA\|USDA\|VA)	1	$225,000	$225,000	$5,341	6.50%
Boone, NC (FHA\|USDA\|VA)	1	$225,000	$225,000	$6,498	6.25%
FLINT, MI (FHA\|USDA\|VA)	2	$220,000	$110,000	$5,560	8.31%
EVANSVILLE, IN-KY (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,969	9.25%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$6,271	6.62%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	1	$215,000	$215,000	$4,171	9.25%
APPLETON, WI (FHA\|USDA\|VA)	2	$210,000	$105,000	$3,558	9.31%
Mineral Wells, TX (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,383	7.13%
SALINAS, CA (FHA\|USDA\|VA)	1	$205,000	$205,000	$2,922	7.25%
Ashtabula, OH (FHA\|USDA\|VA)	1	$205,000	$205,000	$8,666	8.25%
ALBANY, GA (FHA\|USDA\|VA)	1	$205,000	$205,000	$9,336	7.88%
Opelousas, LA (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,708	8.13%
TEXARKANA, TX-AR (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,072	8.38%
Show Low, AZ (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,170	7.28%
Roswell, NM (FHA\|USDA\|VA)	1	$195,000	$195,000	$6,141	6.00%
JACKSON, TN (FHA\|USDA\|VA)	1	$195,000	$195,000	$8,550	9.37%
Traverse City, MI (FHA\|USDA\|VA)	1	$195,000	$195,000	$6,829	7.13%
Corsicana, TX (FHA\|USDA\|VA)	1	$195,000	$195,000	$5,200	9.25%
Torrington, CT (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,431	7.55%
HANFORD-CORCORAN, CA (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,594	6.75%
Georgetown, SC (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,769	7.48%
Athens, TX (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,683	6.63%
ELKHART-GOSHEN, IN (FHA\|USDA\|VA)	1	$175,000	$175,000	$5,066	8.25%
SPRINGFIELD, MO (FHA\|USDA\|VA)	1	$175,000	$175,000	$7,711	6.88%
LAFAYETTE, LA (FHA\|USDA\|VA)	1	$175,000	$175,000	$3,454	6.63%
ANN ARBOR, MI (FHA\|USDA\|VA)	1	$175,000	$175,000	$7,927	6.85%
Fallon, NV (FHA\|USDA\|VA)	1	$175,000	$175,000	$3,089	9.63%
WINSTON-SALEM, NC (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,885	7.38%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$4,700	9.00%
Washington, NC (FHA\|USDA\|VA)	1	$165,000	$165,000	$5,805	5.38%
COLUMBUS, IN (FHA\|USDA\|VA)	1	$165,000	$165,000	$7,826	7.88%
LAS CRUCES, NM (FHA\|USDA\|VA)	1	$155,000	$155,000	$7,326	6.38%
Ottawa, IL (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,555	9.50%
Gillette, WY (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,595	7.25%
WARNER ROBINS, GA (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,446	6.78%
ROCKFORD, IL (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,430	8.75%
VICTORIA, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,355	8.88%
ST. JOSEPH, MO-KS (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,688	5.62%
REDDING, CA (FHA\|USDA\|VA)	1	$145,000	$145,000	$6,615	5.75%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	1	$145,000	$145,000	$5,231	9.00%
LAREDO, TX (FHA\|USDA\|VA)	1	$145,000	$145,000	$5,315	7.87%
SUMTER, SC (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,602	9.13%
Maryville, MO (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,255	8.38%
CLARKSVILLE, TN-KY (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,661	8.38%
Norwalk, OH (FHA\|USDA\|VA)	1	$135,000	$135,000	$6,167	6.13%
GREEN BAY, WI (FHA\|USDA\|VA)	1	$135,000	$135,000	$6,222	8.88%
Sevierville, TN (FHA\|USDA\|VA)	1	$135,000	$135,000	$7,570	7.25%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$6,088	7.25%
SIOUX FALLS, SD (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,075	6.88%
ABILENE, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,109	7.38%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA\|USDA\|VA)	1	$135,000	$135,000	$5,043	8.38%
CHARLOTTESVILLE, VA (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,777	8.94%
TUSCALOOSA, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,203	8.25%
CHEYENNE, WY (FHA\|USDA\|VA)	1	$125,000	$125,000	$4,252	7.35%
Baraboo, WI (FHA\|USDA\|VA)	1	$125,000	$125,000	$6,577	9.13%
Crossville, TN (FHA\|USDA\|VA)	1	$125,000	$125,000	$3,976	8.00%
TOLEDO, OH (FHA\|USDA\|VA)	1	$125,000	$125,000	$5,874	10.60%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	1	$115,000	$115,000	$6,364	9.38%
Oxford, MS (FHA\|USDA\|VA)	1	$115,000	$115,000	$3,485	7.50%
Mount Vernon, OH (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,666	6.75%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	1	$105,000	$105,000	$4,037	10.00%
Seneca, SC (FHA\|USDA\|VA)	1	$105,000	$105,000	$6,380	7.63%
CEDAR RAPIDS, IA (FHA\|USDA\|VA)	1	$105,000	$105,000	$5,385	8.75%
AMARILLO, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,215	6.75%
MONTGOMERY, AL (FHA\|USDA\|VA)	1	$105,000	$105,000	$4,295	8.12%
Whitewater, WI (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,730	8.75%
PEORIA, IL (FHA\|USDA\|VA)	1	$95,000	$95,000	$2,312	8.00%
HINESVILLE, GA (FHA\|USDA\|VA)	1	$85,000	$85,000	$6,328	7.86%
Plainview, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$2,593	9.50%
Adrian, MI (FHA\|USDA\|VA)	1	$85,000	$85,000	$3,024	9.49%
KINGSPORT-BRISTOL, TN-VA (FHA\|USDA\|VA)	1	$85,000	$85,000	$3,189	10.75%
OWENSBORO, KY (FHA\|USDA\|VA)	1	$85,000	$85,000	$4,976	8.37%
Palatka, FL (FHA\|USDA\|VA)	1	$85,000	$85,000	$3,249	9.75%
Newberry, SC (FHA\|USDA\|VA)	1	$85,000	$85,000	$4,234	9.00%
EL CENTRO, CA (FHA\|USDA\|VA)	1	$75,000	$75,000	$5,256	6.88%
Forest City, NC (FHA\|USDA\|VA)	1	$75,000	$75,000	$4,149	8.25%
LANCASTER, PA (FHA\|USDA\|VA)	1	$75,000	$75,000	$3,795	9.49%
PUEBLO, CO (FHA\|USDA\|VA)	1	$75,000	$75,000	$3,558	7.63%

Angel Oak Mortgage Solutions's top markets include Miami, Los Angeles, Atlanta, Phoenix, and Tampa among others.

Their top states include:

Florida (FHA|USDA|VA)

California (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Georgia (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against ANGEL OAK MORTGAGE SOLUTIONS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

SOMERSET
Similarity Rank: 26

ABNB Federal Credit Union
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DEL-ONE FEDERAL CREDIT UNION
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Rhode Island Credit Union
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Sharon & Crescent United Credit Union
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MYPOINT Credit Union
Similarity Rank: 147

University of Hawaii Federal Credit Union
Similarity Rank: 150

BEACH MUNICIPAL FEDERAL CREDIT UNION
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DOMINION ENERGY CREDIT UNION
Similarity Rank: 165

AAXY L.L.C.
Similarity Rank: 192

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	2,900	$1,050,180,000	$362,131	$8,557	7.16%

For 2019, Angel Oak Mortgage Solutions's most frequently originated type of loan was Conventional, with 2,900 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	1,834	$667,570,000	$363,997	$8,838	7.29%
Cash Out Refi	926	$308,710,000	$333,380	$7,875	7.05%
Refi	140	$73,900,000	$527,857	$9,366	6.24%

For 2019, Angel Oak Mortgage Solutions's most frequently cited loan purpose was Home Purchase, with 1,834 originations. The 2nd most popular reason was Cash Out Refi, with 926 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	2,898	$1,049,490,000	$362,143	$8,558	7.16%
20 Year	1	$105,000	$105,000	$2,216	7.88%
30+ year	1	$585,000	$585,000	$10,715	5.75%

For 2019, Angel Oak Mortgage Solutions's most frequently cited loan duration was 30 Year, with 2,898 originations. The 2nd most popular length was 20 Year, with 1 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$5k+	1,260	$581,120,000	$461,206
$1k-2k	516	$215,220,000	$417,093
$3k-4k	384	$89,780,000	$233,802
$2k-3k	377	$69,705,000	$184,894
$4k-5k	336	$85,830,000	$255,446
$<1k	27	$8,525,000	$315,741

Angel Oak Mortgage Solutions's average total fees were $8,558, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,260 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
6-7%	840	$302,160,000	$359,714
Over 8%	741	$201,085,000	$271,370
7-8%	703	$236,075,000	$335,811
5-6%	488	$216,710,000	$444,078
4-5%	113	$80,645,000	$713,673
3-4%	15	$13,505,000	$900,333

During 2019, Angel Oak Mortgage Solutions's average interest rate for loans was 7.16%, while their most frequently originated rate bucket for loans was 6-7%, with 840 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	1,054	$295,640,000	$280,493	$7,951	7.16%
$100k-200k	851	$129,475,000	$152,145	$6,023	7.43%
$400k-600k	389	$187,425,000	$481,812	$10,561	6.90%
$600k-1MM	301	$230,145,000	$764,601	$12,600	6.67%
$100,000 or less	176	$15,140,000	$86,023	$4,781	7.97%
$1MM+	129	$192,355,000	$1,491,124	$19,826	6.23%

2019 saw Angel Oak Mortgage Solutions place emphasis on $200k-400k loans with 1,054 originations, totaling $295,640,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	710	$466,300,000	$656,761	$11,735	6.79%
$50k or less	621	$131,775,000	$212,198	$6,971	7.10%
$150k-250k	504	$201,350,000	$399,504	$8,768	7.14%
$100k-150k	461	$132,335,000	$287,061	$8,017	7.32%
$75k-100k	308	$66,770,000	$216,786	$6,995	7.53%
$50k-75k	287	$49,515,000	$172,526	$6,276	7.63%

Angel Oak Mortgage Solutions lent most frequently to those with incomes in the $250k+ range, with 710 originations. The second most popular income band? $50k or less, with 621 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	404	$163,680,000	$405,149	$8,839	7.10%
<20%	359	$167,375,000	$466,226	$10,196	6.78%
30-36%	324	$117,480,000	$362,593	$8,071	7.25%
49%	153	$55,835,000	$364,935	$9,195	7.49%
48%	117	$41,145,000	$351,667	$8,206	7.45%
45%	110	$39,890,000	$362,636	$8,683	7.35%
46%	108	$39,380,000	$364,630	$8,611	7.44%
47%	97	$34,345,000	$354,072	$8,407	7.31%
41%	95	$36,325,000	$382,368	$8,400	7.34%
39%	90	$29,190,000	$324,333	$8,173	7.37%
43%	89	$30,785,000	$345,899	$7,727	7.38%
42%	84	$38,270,000	$455,595	$10,038	7.28%
44%	84	$35,070,000	$417,500	$8,188	7.14%
40%	79	$25,575,000	$323,734	$7,903	7.38%
37%	69	$27,115,000	$392,971	$9,341	7.19%
36%	69	$26,075,000	$377,899	$8,979	7.21%
38%	44	$18,750,000	$426,136	$9,500	7.21%
50-60%	13	$5,935,000	$456,538	$9,241	7.40%
>60%	8	$2,390,000	$298,750	$6,835	6.91%

Angel Oak Mortgage Solutions lent most frequently to those with DTI ratios of 20-30%, with 404 originations. The next most common DTI ratio? <20%, with 359 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	2,041	$735,195,000	$360,213	$8,433	7.16%
Not provided	447	$180,025,000	$402,740	$9,166	7.07%
Black	241	$67,575,000	$280,394	$8,354	7.58%
Asian	148	$59,280,000	$400,541	$8,553	6.86%
American Indian	9	$3,005,000	$333,889	$8,757	7.17%
Native Hawaiian or Islander	9	$2,695,000	$299,444	$11,772	7.34%
Not applicable	3	$1,545,000	$515,000	$5,642	6.63%
Asian Indian	2	$860,000	$430,000	$13,089	5.75%

Approval Rates

Total approvals of all applications
67.55%

Angel Oak Mortgage Solutions has a low approval rate. They may have poor market targeting or stringent lending standards.

Pick Rate

Approvals leading to origination
90.00%

Angel Oak Mortgage Solutions has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	2,900	$1,050,180,000	$362,131

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Single Family (1-4 Units):Site-Built	2,900	$1,050,180,000	$362,131

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	68	$18,760,000	$275,882	$7,376	6.62%
40-60%	298	$98,270,000	$329,765	$8,292	6.45%
60-80%	1,318	$433,080,000	$328,589	$8,218	7.05%
80-100%	1,209	$498,515,000	$412,337	$9,073	7.49%
Under 20%	7	$1,555,000	$222,143	$5,857	6.56%

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
Angel Oak Mortgage Solutions LLC	Conventional home mortgage	Trouble during payment process	1	100.0%