Angel Oak Mortgage Solutions Rates, Fees & Info

WILMINGTON, DE

LEI: 549300KSOOZZVXCMA627

Tax ID: 46-4200240

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Mortgage Data

Review & Overview

Angel Oak Mortgage Solutions is a mid-sized mortgage company specializing in Home Purchase loans. Angel Oak Mortgage Solutions has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Los Angeles, San Diego, Atlanta, and Tampa among others. We have data for 352 markets. (Some data included below & more in-depth data is available with an active subscription.)

Angel Oak Mortgage Solutions has an above 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 about average 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% 12/4/24
30 Year Conventional Refi 7.44% 12/4/24
30 Year Cash-out Refi 8.03% 12/4/24
15 Year Conventional Purchase 5.68% 12/4/24
15 Year Conventional Refi 6.18% 12/4/24
15 Year Cash-out Refi 6.18% 12/4/24
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

7,624

Origination Dollar Volume (All Markets)

$3,582,990,000

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) 1,194 $517,850,000 $433,710 $13,886 4.71%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 624 $493,770,000 $791,298 $16,694 4.24%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 166 $141,210,000 $850,663 $17,529 4.25%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 249 $133,165,000 $534,799 $16,319 5.33%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 341 $125,235,000 $367,258 $11,808 4.89%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 177 $123,775,000 $699,294 $15,457 4.02%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 210 $105,610,000 $502,905 $12,781 4.48%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 221 $101,025,000 $457,127 $11,891 4.97%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 189 $81,325,000 $430,291 $12,145 5.22%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 198 $76,150,000 $384,596 $13,152 5.36%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 193 $75,385,000 $390,596 $13,681 4.97%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 119 $66,775,000 $561,134 $9,924 4.03%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 134 $61,480,000 $458,806 $13,179 4.98%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 106 $57,260,000 $540,189 $11,694 4.50%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 49 $48,135,000 $982,347 $17,983 4.23%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 107 $46,225,000 $432,009 $10,125 4.29%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 89 $43,735,000 $491,404 $13,291 4.98%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 61 $42,925,000 $703,689 $15,838 4.89%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 94 $41,140,000 $437,660 $8,954 3.99%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 99 $41,135,000 $415,505 $10,166 4.78%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 89 $38,565,000 $433,315 $13,166 4.75%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 68 $38,170,000 $561,324 $10,964 3.76%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 129 $37,685,000 $292,132 $12,060 5.06%
Outside of Metro Areas 88 $37,070,000 $421,250 $10,087 4.92%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 106 $33,510,000 $316,132 $9,828 4.92%
PORT ST. LUCIE, FL (FHA|USDA|VA) 77 $32,115,000 $417,078 $14,703 4.90%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 60 $31,420,000 $523,667 $14,658 4.84%
Key West, FL (FHA|USDA|VA) 36 $29,680,000 $824,444 $23,484 4.92%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 57 $25,995,000 $456,053 $14,063 5.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 82 $24,410,000 $297,683 $8,899 4.80%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 40 $24,240,000 $606,000 $16,204 4.73%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 47 $23,145,000 $492,447 $11,422 4.95%
JACKSONVILLE, FL (FHA|USDA|VA) 62 $20,640,000 $332,903 $12,521 4.94%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 64 $19,610,000 $306,406 $12,180 4.90%
SALT LAKE CITY, UT (FHA|USDA|VA) 44 $19,200,000 $436,364 $10,477 4.36%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 38 $16,410,000 $431,842 $9,481 4.81%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 53 $15,005,000 $283,113 $12,490 5.00%
PROVO-OREM, UT (FHA|USDA|VA) 24 $13,980,000 $582,500 $12,354 4.72%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 29 $13,785,000 $475,345 $10,329 5.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 21 $13,495,000 $642,619 $16,493 5.23%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 21 $13,065,000 $622,143 $13,492 4.04%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 39 $12,845,000 $329,359 $12,271 5.17%
Heber, UT (FHA|USDA|VA) 6 $12,210,000 $2,035,000 $28,600 4.29%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 26 $12,210,000 $469,615 $11,032 3.79%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 37 $11,855,000 $320,405 $9,432 5.06%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 24 $11,810,000 $492,083 $10,609 4.29%
COLUMBUS, OH (FHA|USDA|VA) 31 $11,715,000 $377,903 $9,170 5.44%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 23 $11,135,000 $484,130 $10,109 5.30%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 40 $11,000,000 $275,000 $8,012 4.45%
RALEIGH-CARY, NC (FHA|USDA|VA) 31 $10,615,000 $342,419 $10,326 5.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 41 $10,315,000 $251,585 $7,630 4.99%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 17 $9,855,000 $579,706 $13,393 4.74%
STOCKTON, CA (FHA|USDA|VA) 19 $9,795,000 $515,526 $9,861 4.33%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 37 $9,775,000 $264,189 $11,172 5.28%
COLORADO SPRINGS, CO (FHA|USDA|VA) 28 $9,600,000 $342,857 $10,699 4.61%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 22 $9,190,000 $417,727 $12,860 4.83%
RICHMOND, VA (FHA|USDA|VA) 29 $8,615,000 $297,069 $7,857 5.21%
TUCSON, AZ (FHA|USDA|VA) 20 $8,490,000 $424,500 $14,396 4.80%
VALLEJO, CA (FHA|USDA|VA) 12 $8,360,000 $696,667 $12,439 4.27%
BAKERSFIELD, CA (FHA|USDA|VA) 27 $8,275,000 $306,481 $12,010 5.39%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 17 $8,215,000 $483,235 $9,594 3.62%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 24 $8,160,000 $340,000 $8,697 5.08%
RENO, NV (FHA|USDA|VA) 14 $8,150,000 $582,143 $13,143 4.88%
PUNTA GORDA, FL (FHA|USDA|VA) 24 $8,100,000 $337,500 $11,175 5.14%
KNOXVILLE, TN (FHA|USDA|VA) 20 $7,890,000 $394,500 $16,139 5.04%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 27 $7,645,000 $283,148 $14,075 4.83%
GREELEY, CO (FHA|USDA|VA) 17 $7,525,000 $442,647 $8,072 4.79%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 15 $7,165,000 $477,667 $8,372 5.37%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 26 $6,790,000 $261,154 $8,509 4.89%
Sevierville, TN (FHA|USDA|VA) 10 $6,610,000 $661,000 $22,001 4.70%
Edwards, CO (FHA|USDA|VA) 5 $6,505,000 $1,301,000 $46,321 4.20%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 22 $6,390,000 $290,455 $7,306 5.49%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 19 $6,315,000 $332,368 $12,353 5.68%
SAVANNAH, GA (FHA|USDA|VA) 14 $6,000,000 $428,571 $10,371 5.09%
FRESNO, CA (FHA|USDA|VA) 18 $5,970,000 $331,667 $10,391 4.99%
OKLAHOMA CITY, OK (FHA|USDA|VA) 11 $5,895,000 $535,909 $15,767 4.95%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 16 $5,730,000 $358,125 $9,802 4.80%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 11 $5,725,000 $520,455 $9,547 4.11%
ST. GEORGE, UT (FHA|USDA|VA) 9 $5,705,000 $633,889 $13,735 4.21%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 30 $5,670,000 $189,000 $12,342 4.33%
OCALA, FL (FHA|USDA|VA) 21 $5,615,000 $267,381 $12,018 4.81%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 14 $5,570,000 $397,857 $15,318 4.73%
SALINAS, CA (FHA|USDA|VA) 6 $5,460,000 $910,000 $20,843 3.77%
BEND, OR (FHA|USDA|VA) 10 $5,350,000 $535,000 $12,045 4.17%
OCEAN CITY, NJ (FHA|USDA|VA) 10 $5,230,000 $523,000 $18,044 5.28%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 14 $5,200,000 $371,429 $9,715 5.80%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 11 $4,705,000 $427,727 $10,902 4.97%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 8 $4,670,000 $583,750 $11,780 4.87%
COLUMBIA, SC (FHA|USDA|VA) 16 $4,530,000 $283,125 $8,224 5.48%
EL PASO, TX (FHA|USDA|VA) 15 $4,525,000 $301,667 $8,438 5.33%
BOULDER, CO (FHA|USDA|VA) 6 $4,420,000 $736,667 $14,918 4.31%
SALISBURY, MD-DE (FHA|USDA|VA) 9 $4,395,000 $488,333 $12,360 4.79%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 10 $4,040,000 $404,000 $8,510 4.89%
Truckee-Grass Valley, CA (FHA|USDA|VA) 7 $4,015,000 $573,571 $13,708 4.80%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 11 $3,975,000 $361,364 $14,437 4.83%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 10 $3,870,000 $387,000 $13,584 3.79%
VISALIA, CA (FHA|USDA|VA) 10 $3,770,000 $377,000 $12,980 4.53%
Torrington, CT (FHA|USDA|VA) 4 $3,750,000 $937,500 $28,846 4.62%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $3,655,000 $522,143 $16,733 4.46%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 12 $3,610,000 $300,833 $10,171 4.87%
ALBUQUERQUE, NM (FHA|USDA|VA) 17 $3,425,000 $201,471 $5,906 4.31%
MODESTO, CA (FHA|USDA|VA) 10 $3,410,000 $341,000 $10,756 4.43%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 13 $3,385,000 $260,385 $9,282 5.11%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 9 $3,215,000 $357,222 $15,939 4.65%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 9 $2,975,000 $330,556 $8,653 4.67%
Newport, OR (FHA|USDA|VA) 6 $2,960,000 $493,333 $12,155 4.54%
WILMINGTON, NC (FHA|USDA|VA) 10 $2,940,000 $294,000 $6,937 5.20%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 14 $2,880,000 $205,714 $6,400 5.72%
MERCED, CA (FHA|USDA|VA) 8 $2,880,000 $360,000 $11,049 4.48%
PANAMA CITY, FL (FHA|USDA|VA) 8 $2,840,000 $355,000 $7,550 4.44%
MIDLAND, TX (FHA|USDA|VA) 7 $2,815,000 $402,143 $8,871 5.77%
WENATCHEE, WA (FHA|USDA|VA) 5 $2,815,000 $563,000 $15,446 3.90%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $2,735,000 $303,889 $9,375 5.06%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 7 $2,605,000 $372,143 $10,866 4.71%
Traverse City, MI (FHA|USDA|VA) 4 $2,530,000 $632,500 $19,808 5.16%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 6 $2,420,000 $403,333 $11,247 4.06%
BELLINGHAM, WA (FHA|USDA|VA) 6 $2,360,000 $393,333 $10,203 3.60%
AKRON, OH (FHA|USDA|VA) 7 $2,325,000 $332,143 $11,685 5.84%
Morehead City, NC (FHA|USDA|VA) 2 $2,210,000 $1,105,000 $0 5.13%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 8 $2,200,000 $275,000 $8,470 5.30%
LOUISVILLE, KY (FHA|USDA|VA) 8 $2,170,000 $271,250 $8,845 4.84%
Rockport, TX (FHA|USDA|VA) 2 $2,160,000 $1,080,000 $27,816 4.69%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $2,155,000 $307,857 $10,587 5.41%
NAPA, CA (FHA|USDA|VA) 3 $2,135,000 $711,667 $11,186 4.63%
BATON ROUGE, LA (FHA|USDA|VA) 7 $2,125,000 $303,571 $7,761 4.54%
TALLAHASSEE, FL (FHA|USDA|VA) 10 $2,090,000 $209,000 $6,807 4.68%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 6 $2,090,000 $348,333 $7,483 4.69%
MEDFORD, OR (FHA|USDA|VA) 5 $2,085,000 $417,000 $12,630 5.00%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $2,070,000 $517,500 $14,395 5.75%
EAST STROUDSBURG, PA (FHA|USDA|VA) 8 $2,050,000 $256,250 $10,868 4.53%
Breckenridge, CO (FHA|USDA|VA) 6 $2,040,000 $340,000 $5,227 3.27%
REDDING, CA (FHA|USDA|VA) 6 $2,030,000 $338,333 $13,271 4.90%
FORT COLLINS, CO (FHA|USDA|VA) 9 $1,985,000 $220,556 $8,609 4.38%
CHICO, CA (FHA|USDA|VA) 4 $1,980,000 $495,000 $11,111 4.84%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,925,000 $385,000 $11,416 5.63%
TULSA, OK (FHA|USDA|VA) 6 $1,900,000 $316,667 $8,893 5.33%
PITTSBURGH, PA (FHA|USDA|VA) 9 $1,895,000 $210,556 $11,308 4.57%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 3 $1,855,000 $618,333 $15,981 4.71%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,805,000 $361,000 $13,953 4.43%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 6 $1,720,000 $286,667 $9,596 4.27%
Payson, AZ (FHA|USDA|VA) 3 $1,705,000 $568,333 $17,075 5.08%
Ukiah, CA (FHA|USDA|VA) 4 $1,690,000 $422,500 $12,124 4.66%
READING, PA (FHA|USDA|VA) 5 $1,685,000 $337,000 $10,228 5.23%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $1,660,000 $830,000 $24,317 4.56%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $1,655,000 $331,000 $12,235 4.68%
SANTA FE, NM (FHA|USDA|VA) 4 $1,650,000 $412,500 $8,435 4.22%
LUBBOCK, TX (FHA|USDA|VA) 5 $1,595,000 $319,000 $13,716 4.80%
GAINESVILLE, FL (FHA|USDA|VA) 6 $1,530,000 $255,000 $12,475 4.52%
LAFAYETTE, LA (FHA|USDA|VA) 6 $1,510,000 $251,667 $7,251 4.71%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 7 $1,505,000 $215,000 $6,391 5.41%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 4 $1,500,000 $375,000 $10,644 6.25%
GAINESVILLE, GA (FHA|USDA|VA) 5 $1,485,000 $297,000 $7,427 5.15%
Georgetown, SC (FHA|USDA|VA) 4 $1,470,000 $367,500 $8,276 5.41%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 5 $1,465,000 $293,000 $7,394 3.83%
Fredericksburg, TX (FHA|USDA|VA) 2 $1,440,000 $720,000 $21,406 5.69%
CORVALLIS, OR (FHA|USDA|VA) 3 $1,405,000 $468,333 $13,780 4.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 9 $1,385,000 $153,889 $7,605 5.71%
Kalispell, MT (FHA|USDA|VA) 4 $1,370,000 $342,500 $6,177 5.34%
Glenwood Springs, CO (FHA|USDA|VA) 2 $1,370,000 $685,000 $20,327 4.19%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $1,245,000 $249,000 $8,307 4.63%
MOBILE, AL (FHA|USDA|VA) 3 $1,225,000 $408,333 $7,595 5.50%
Bozeman, MT (FHA|USDA|VA) 3 $1,205,000 $401,667 $9,918 5.29%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $1,195,000 $239,000 $9,904 4.70%
Astoria, OR (FHA|USDA|VA) 3 $1,195,000 $398,333 $12,490 5.25%
Ellensburg, WA (FHA|USDA|VA) 2 $1,180,000 $590,000 $4,976 4.00%
SALEM, OR (FHA|USDA|VA) 3 $1,175,000 $391,667 $10,900 4.63%
Mineral Wells, TX (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $16,055 5.38%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 6 $1,140,000 $190,000 $10,600 5.42%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $1,120,000 $560,000 $23,008 4.00%
MADISON, WI (FHA|USDA|VA) 4 $1,120,000 $280,000 $10,958 5.22%
Brainerd, MN (FHA|USDA|VA) 2 $1,120,000 $560,000 $23,175 4.00%
Oak Harbor, WA (FHA|USDA|VA) 3 $1,115,000 $371,667 $8,777 2.63%
ROANOKE, VA (FHA|USDA|VA) 3 $1,115,000 $371,667 $17,790 4.71%
Aberdeen, WA (FHA|USDA|VA) 3 $1,105,000 $368,333 $16,538 4.46%
YUBA CITY, CA (FHA|USDA|VA) 3 $1,095,000 $365,000 $7,846 4.63%
ST. CLOUD, MN (FHA|USDA|VA) 4 $1,090,000 $272,500 $8,300 4.00%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $1,030,000 $515,000 $9,040 5.69%
Jackson, WY-ID (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $15,574 3.00%
Cullowhee, NC (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $25,605 5.87%
ROCKFORD, IL (FHA|USDA|VA) 4 $1,000,000 $250,000 $6,598 5.91%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 6 $970,000 $161,667 $6,317 5.54%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $960,000 $240,000 $19,278 4.59%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $950,000 $237,500 $9,680 5.37%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $940,000 $470,000 $16,583 5.38%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $935,000 $935,000 $4,136 5.88%
MONTGOMERY, AL (FHA|USDA|VA) 6 $930,000 $155,000 $17,301 3.69%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $930,000 $465,000 $14,595 6.19%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $925,000 $308,333 $6,564 3.83%
Port Angeles, WA (FHA|USDA|VA) 1 $905,000 $905,000 $5,310 4.38%
FLINT, MI (FHA|USDA|VA) 3 $835,000 $278,333 $7,454 5.54%
HINESVILLE, GA (FHA|USDA|VA) 3 $805,000 $268,333 $13,939 5.00%
BISMARCK, ND (FHA|USDA|VA) 2 $790,000 $395,000 $7,195 6.50%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $765,000 $255,000 $5,716 6.50%
GRAND JUNCTION, CO (FHA|USDA|VA) 4 $760,000 $190,000 $2,594 3.97%
THE VILLAGES, FL (FHA|USDA|VA) 3 $755,000 $251,667 $9,836 5.21%
Athens, TX (FHA|USDA|VA) 3 $755,000 $251,667 $7,649 4.88%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $740,000 $370,000 $4,080 5.69%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $725,000 $725,000 $10,129 6.75%
MISSOULA, MT (FHA|USDA|VA) 2 $710,000 $355,000 $9,725 4.00%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $705,000 $705,000 $20,360 3.88%
BILLINGS, MT (FHA|USDA|VA) 3 $695,000 $231,667 $0 4.96%
Show Low, AZ (FHA|USDA|VA) 3 $665,000 $221,667 $8,048 4.71%
JACKSON, MS (FHA|USDA|VA) 3 $635,000 $211,667 $8,377 4.50%
DOVER, DE (FHA|USDA|VA) 4 $630,000 $157,500 $10,062 5.25%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $615,000 $205,000 $9,208 5.96%
Crescent City, CA (FHA|USDA|VA) 2 $610,000 $305,000 $6,051 4.25%
BRUNSWICK, GA (FHA|USDA|VA) 2 $610,000 $305,000 $0 5.88%
LAREDO, TX (FHA|USDA|VA) 2 $600,000 $300,000 $11,660 6.50%
Newberry, SC (FHA|USDA|VA) 5 $595,000 $119,000 $0 4.88%
Lake City, FL (FHA|USDA|VA) 2 $590,000 $295,000 $9,554 5.63%
Jefferson, GA (FHA|USDA|VA) 1 $585,000 $585,000 $25,764 4.38%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $585,000 $585,000 $16,086 3.75%
TYLER, TX (FHA|USDA|VA) 1 $575,000 $575,000 $17,988 6.75%
MADERA, CA (FHA|USDA|VA) 2 $560,000 $280,000 $0 4.13%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $550,000 $275,000 $6,630 5.56%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $545,000 $545,000 $11,132 4.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $535,000 $535,000 $0 5.50%
Wilson, NC (FHA|USDA|VA) 1 $535,000 $535,000 $18,843 5.50%
GETTYSBURG, PA (FHA|USDA|VA) 2 $530,000 $265,000 $7,098 5.13%
CHEYENNE, WY (FHA|USDA|VA) 2 $520,000 $260,000 $9,538 5.44%
JACKSON, TN (FHA|USDA|VA) 1 $515,000 $515,000 $17,087 6.38%
Las Vegas, NM (FHA|USDA|VA) 1 $515,000 $515,000 $15,217 4.50%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $510,000 $255,000 $17,552 4.81%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $505,000 $168,333 $5,044 5.29%
WACO, TX (FHA|USDA|VA) 2 $500,000 $250,000 $0 5.88%
WORCESTER, MA-CT (FHA|USDA|VA) 2 $490,000 $245,000 $9,231 4.50%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $490,000 $245,000 $8,201 4.56%
VICTORIA, TX (FHA|USDA|VA) 2 $490,000 $245,000 $6,647 5.13%
Whitewater, WI (FHA|USDA|VA) 1 $485,000 $485,000 $16,117 4.63%
Cedar City, UT (FHA|USDA|VA) 1 $485,000 $485,000 $6,477 6.38%
Spearfish, SD (FHA|USDA|VA) 1 $485,000 $485,000 $16,336 6.88%
TOLEDO, OH (FHA|USDA|VA) 1 $485,000 $485,000 $14,410 6.88%
Centralia, WA (FHA|USDA|VA) 2 $480,000 $240,000 $5,006 3.31%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $475,000 $158,333 $9,567 4.92%
YUMA, AZ (FHA|USDA|VA) 1 $465,000 $465,000 $12,236 4.50%
GADSDEN, AL (FHA|USDA|VA) 1 $465,000 $465,000 $7,565 5.50%
HARRISONBURG, VA (FHA|USDA|VA) 2 $450,000 $225,000 $8,453 4.56%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $445,000 $148,333 $0 5.67%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $445,000 $445,000 $13,594 4.63%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $425,000 $141,667 $0 5.92%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $425,000 $141,667 $4,929 4.88%
Granbury, TX (FHA|USDA|VA) 2 $420,000 $210,000 $7,936 5.69%
Prineville, OR (FHA|USDA|VA) 1 $405,000 $405,000 $12,143 4.88%
BURLINGTON, NC (FHA|USDA|VA) 3 $405,000 $135,000 $0 5.00%
TEXARKANA, TX-AR (FHA|USDA|VA) 2 $400,000 $200,000 $5,907 5.75%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $385,000 $385,000 $6,744 6.25%
Concord, NH (FHA|USDA|VA) 1 $375,000 $375,000 $0 4.75%
Brenham, TX (FHA|USDA|VA) 1 $375,000 $375,000 $6,242 6.00%
LINCOLN, NE (FHA|USDA|VA) 2 $370,000 $185,000 $5,247 2.63%
MORRISTOWN, TN (FHA|USDA|VA) 1 $365,000 $365,000 $5,523 6.25%
BANGOR, ME (FHA|USDA|VA) 3 $365,000 $121,667 $2,546 2.38%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 2 $360,000 $180,000 $0 5.31%
Shawano, WI (FHA|USDA|VA) 1 $355,000 $355,000 $8,045 4.13%
Lewisburg, TN (FHA|USDA|VA) 2 $350,000 $175,000 $5,422 4.94%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $350,000 $175,000 $7,935 4.38%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $345,000 $345,000 $4,392 5.88%
JACKSON, MI (FHA|USDA|VA) 1 $345,000 $345,000 $6,385 7.25%
Jacksonville, TX (FHA|USDA|VA) 1 $345,000 $345,000 $13,016 6.50%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $345,000 $345,000 $6,162 7.88%
Seneca, SC (FHA|USDA|VA) 1 $335,000 $335,000 $12,298 5.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $335,000 $335,000 $9,843 7.25%
Marion, NC (FHA|USDA|VA) 1 $335,000 $335,000 $10,242 5.75%
Cullman, AL (FHA|USDA|VA) 1 $335,000 $335,000 $6,246 4.25%
PEORIA, IL (FHA|USDA|VA) 1 $335,000 $335,000 $8,583 6.38%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $330,000 $165,000 $4,354 6.19%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $325,000 $325,000 $5,775 5.38%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $315,000 $315,000 $12,719 5.50%
Marion, OH (FHA|USDA|VA) 1 $315,000 $315,000 $3,711 7.25%
Richmond-Berea, KY (FHA|USDA|VA) 1 $315,000 $315,000 $7,753 4.88%
GRANTS PASS, OR (FHA|USDA|VA) 1 $315,000 $315,000 $11,834 5.13%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $315,000 $315,000 $3,092 7.37%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $310,000 $155,000 $4,787 3.88%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $305,000 $305,000 $6,740 7.13%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $305,000 $305,000 $10,400 6.38%
HAMMOND, LA (FHA|USDA|VA) 2 $300,000 $150,000 $2,308 4.44%
Selinsgrove, PA (FHA|USDA|VA) 1 $295,000 $295,000 $11,200 6.38%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $295,000 $295,000 $8,045 4.88%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $290,000 $145,000 $3,816 5.75%
Elko, NV (FHA|USDA|VA) 1 $285,000 $285,000 $8,101 4.88%
Vernal, UT (FHA|USDA|VA) 1 $285,000 $285,000 $3,499 5.88%
PUEBLO, CO (FHA|USDA|VA) 2 $280,000 $140,000 $1,962 3.25%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $275,000 $275,000 $0 5.25%
ODESSA, TX (FHA|USDA|VA) 1 $275,000 $275,000 $7,392 6.25%
LEBANON, PA (FHA|USDA|VA) 1 $275,000 $275,000 $11,925 4.63%
Butte-Silver Bow, MT (FHA|USDA|VA) 1 $275,000 $275,000 $5,336 7.00%
LaGrange, GA-AL (FHA|USDA|VA) 1 $265,000 $265,000 $6,672 5.00%
Ada, OK (FHA|USDA|VA) 1 $255,000 $255,000 $8,407 6.00%
BAY CITY, MI (FHA|USDA|VA) 1 $255,000 $255,000 $5,903 5.25%
FORT WAYNE, IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,771 5.50%
Greeneville, TN (FHA|USDA|VA) 2 $250,000 $125,000 $0 4.88%
Bardstown, KY (FHA|USDA|VA) 1 $245,000 $245,000 $2,822 8.00%
LOGAN, UT-ID (FHA|USDA|VA) 1 $245,000 $245,000 $0 5.25%
Clearlake, CA (FHA|USDA|VA) 1 $245,000 $245,000 $6,354 3.38%
North Wilkesboro, NC (FHA|USDA|VA) 1 $245,000 $245,000 $6,072 5.63%
LYNCHBURG, VA (FHA|USDA|VA) 1 $245,000 $245,000 $9,962 4.25%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $235,000 $235,000 $4,465 5.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $230,000 $115,000 $3,999 3.81%
HATTIESBURG, MS (FHA|USDA|VA) 1 $225,000 $225,000 $7,554 5.00%
ANN ARBOR, MI (FHA|USDA|VA) 1 $225,000 $225,000 $3,409 6.50%
Albemarle, NC (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.50%
Scottsbluff, NE (FHA|USDA|VA) 1 $215,000 $215,000 $8,925 6.63%
CARSON CITY, NV (FHA|USDA|VA) 1 $215,000 $215,000 $7,300 4.38%
YAKIMA, WA (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.38%
Shawnee, OK (FHA|USDA|VA) 1 $215,000 $215,000 $10,717 5.63%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $215,000 $215,000 $0 3.00%
FARGO, ND-MN (FHA|USDA|VA) 1 $215,000 $215,000 $3,316 5.88%
Cookeville, TN (FHA|USDA|VA) 1 $215,000 $215,000 $8,906 6.63%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $210,000 $105,000 $0 4.44%
SAGINAW, MI (FHA|USDA|VA) 1 $205,000 $205,000 $7,693 5.63%
CaƱon City, CO (FHA|USDA|VA) 1 $205,000 $205,000 $3,505 4.50%
SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $5,581 4.63%
Taos, NM (FHA|USDA|VA) 1 $205,000 $205,000 $8,242 4.75%
New Castle, PA (FHA|USDA|VA) 1 $205,000 $205,000 $10,539 4.13%
LONGVIEW, WA (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.25%
MIDLAND, MI (FHA|USDA|VA) 1 $195,000 $195,000 $6,492 4.38%
RAPID CITY, SD (FHA|USDA|VA) 1 $195,000 $195,000 $7,031 4.75%
LAWRENCE, KS (FHA|USDA|VA) 1 $195,000 $195,000 $0 4.63%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $195,000 $195,000 $4,659 7.88%
Sonora, CA (FHA|USDA|VA) 1 $195,000 $195,000 $7,379 4.25%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $195,000 $195,000 $4,778 5.13%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.00%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $190,000 $95,000 $0 5.44%
Red Bluff, CA (FHA|USDA|VA) 1 $185,000 $185,000 $2,857 3.88%
ROME, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,647 6.13%
Shelby, NC (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.50%
Athens, TN (FHA|USDA|VA) 2 $180,000 $90,000 $0 4.63%
Jasper, AL (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $175,000 $175,000 $9,205 5.63%
Dixon, IL (FHA|USDA|VA) 1 $165,000 $165,000 $7,384 5.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.00%
WICHITA, KS (FHA|USDA|VA) 1 $155,000 $155,000 $6,232 4.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $155,000 $155,000 $7,170 5.88%
Somerset, PA (FHA|USDA|VA) 1 $155,000 $155,000 $7,430 6.50%
LANCASTER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.50%
Kendallville, IN (FHA|USDA|VA) 1 $155,000 $155,000 $6,340 4.38%
DECATUR, AL (FHA|USDA|VA) 1 $145,000 $145,000 $0 4.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.13%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $145,000 $145,000 $7,652 7.00%
Ruidoso, NM (FHA|USDA|VA) 1 $125,000 $125,000 $2,605 3.25%
Sanford, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.00%
Clewiston, FL (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.00%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.63%
Beeville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.50%
NEW BERN, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.00%
Cambridge, MD (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.00%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.63%
Beaver Dam, WI (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.13%
Ardmore, OK (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.88%
GREEN BAY, WI (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.63%
Oxford, MS (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.25%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.50%
Searcy, AR (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.88%
Angel Oak Mortgage Solutions's top markets include Miami, Los Angeles, San Diego, Atlanta, and Tampa among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,624 $3,582,990,000 $469,962 $12,887 4.75%

    For 2021, Angel Oak Mortgage Solutions's most frequently originated type of loan was Conventional, with 7,624 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,445 $2,170,105,000 $488,213 $13,927 5.12%
    Cash Out Refi 1,685 $707,825,000 $420,074 $11,553 4.55%
    Refi 1,379 $651,465,000 $472,418 $10,848 3.80%
    Home Improvement 115 $53,595,000 $466,043 $12,053 4.58%

    For 2021, Angel Oak Mortgage Solutions's most frequently cited loan purpose was Home Purchase, with 4,445 originations. The 2nd most popular reason was Cash Out Refi, with 1,685 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 7,209 $3,346,055,000 $464,150 $13,075 4.82%
    30+ year 195 $182,425,000 $935,513 $19,359 4.78%
    15 Year 170 $40,980,000 $241,059 $3,916 2.47%
    20 Year 40 $11,310,000 $282,750 $4,950 2.84%
    Other 7 $1,785,000 $255,000 $5,210 2.80%
    10 Year 3 $435,000 $145,000 $3,370 2.25%

    For 2021, Angel Oak Mortgage Solutions's most frequently cited loan duration was 30 Year, with 7,209 originations. The 2nd most popular length was 30+ year, with 195 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 3,261 $2,083,925,000 $639,045
    $1k-2k 491 $279,495,000 $569,236
    $3k-4k 278 $97,040,000 $349,065
    $4k-5k 272 $84,430,000 $310,404
    $<1k 240 $69,960,000 $291,500
    $2k-3k 178 $56,800,000 $319,101

    Angel Oak Mortgage Solutions's average total fees were $13,075, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 3,261 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,819 $1,359,915,000 $482,410
    5-6% 2,014 $869,750,000 $431,852
    3-4% 1,406 $808,770,000 $575,228
    6-7% 710 $312,660,000 $440,366
    2.5-3% 406 $138,630,000 $341,453
    <2.5% 152 $40,240,000 $264,737
    7-8% 113 $50,875,000 $450,221
    Over 8% 4 $2,150,000 $537,500

    During 2021, Angel Oak Mortgage Solutions's average interest rate for loans was 4.82%, while their most frequently originated rate bucket for loans was 4-5%, with 2,819 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,938 $851,820,000 $289,932 $8,578 4.78%
    $400k-600k 1,385 $673,715,000 $486,437 $12,037 4.73%
    $100k-200k 1,379 $212,525,000 $154,115 $6,081 4.81%
    $600k-1MM 1,107 $838,875,000 $757,791 $16,792 4.77%
    $1MM+ 669 $994,095,000 $1,485,942 $26,444 4.62%
    $100,000 or less 146 $11,960,000 $81,918 $2,538 4.13%

    2021 saw Angel Oak Mortgage Solutions place emphasis on $200k-400k loans with 2,938 originations, totaling $851,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 2,197 $1,734,555,000 $789,511 $17,472 4.78%
    $50k or less 2,181 $645,865,000 $296,133 $9,549 4.99%
    $150k-250k 1,242 $595,490,000 $479,461 $12,121 4.68%
    $100k-150k 1,020 $350,310,000 $343,441 $9,743 4.62%
    $75k-100k 546 $155,000,000 $283,883 $8,285 4.43%
    $50k-75k 436 $101,280,000 $232,294 $7,024 4.29%

    Angel Oak Mortgage Solutions lent most frequently to those with incomes in the $250k+ range, with 2,197 originations. The second most popular income band? $50k or less, with 2,181 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 1,169 $664,965,000 $568,832 $13,927 4.68%
    20-30% 1,090 $548,640,000 $503,339 $12,286 4.52%
    30-36% 897 $478,215,000 $533,127 $13,025 4.64%
    42% 203 $112,355,000 $553,473 $12,791 4.63%
    43% 193 $111,195,000 $576,140 $13,213 4.58%
    41% 187 $89,595,000 $479,118 $11,654 4.58%
    49% 183 $92,775,000 $506,967 $12,007 4.89%
    44% 183 $96,195,000 $525,656 $12,577 4.79%
    40% 182 $102,750,000 $564,560 $13,138 4.71%
    39% 181 $93,215,000 $515,000 $12,522 4.69%
    38% 163 $89,285,000 $547,761 $13,049 4.60%
    37% 162 $89,330,000 $551,420 $12,388 4.60%
    46% 160 $85,440,000 $534,000 $12,758 4.67%
    36% 158 $79,190,000 $501,203 $11,739 4.64%
    45% 157 $85,105,000 $542,070 $12,702 4.52%
    48% 130 $64,390,000 $495,308 $11,932 4.79%
    47% 124 $61,870,000 $498,952 $12,900 4.64%
    50-60% 18 $10,160,000 $564,444 $13,672 4.67%

    Angel Oak Mortgage Solutions lent most frequently to those with DTI ratios of <20%, with 1,169 originations. The next most common DTI ratio? 20-30%, with 1,090 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,768 $2,262,240,000 $474,463 $12,879 4.77%
    Not provided 1,642 $779,790,000 $474,903 $12,443 4.59%
    Asian 580 $281,110,000 $484,672 $12,867 4.57%
    Black 570 $234,980,000 $412,246 $14,505 5.25%
    American Indian 39 $15,825,000 $405,769 $11,293 4.97%
    Native Hawaiian or Islander 15 $5,035,000 $335,667 $12,451 4.84%
    Other Asian 5 $1,765,000 $353,000 $4,898 4.68%
    Asian Indian 3 $1,035,000 $345,000 $12,190 4.96%
    Vietnamese 1 $765,000 $765,000 $16,727 4.75%
    Not applicable 1 $445,000 $445,000 $0 4.13%

    Approval Rates

    Total approvals of all applications
    93.67%

    Angel Oak Mortgage Solutions has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.73%

    Angel Oak Mortgage Solutions has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 7,624 $3,582,990,000 $469,962

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,624 $3,582,990,000 $469,962

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 320 $120,010,000 $375,031 $10,411 3.70%
    40-60% 1,126 $534,450,000 $474,645 $11,477 3.87%
    60-80% 3,738 $1,617,400,000 $432,691 $12,764 4.72%
    80-100% 2,410 $1,300,590,000 $539,664 $13,775 5.36%
    Over 100% 4 $2,420,000 $605,000 $9,010 5.78%
    Under 20% 26 $8,120,000 $312,308 $5,891 3.20%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Angel Oak Mortgage Solutions LLC Conventional home mortgage Closing on a mortgage 1 50.0%
    Angel Oak Mortgage Solutions LLC Other type of mortgage Closing on a mortgage 1 50.0%