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ANGEL OAK MORTGAGE SOLUTIONS LLC

Independent Mortgage Company|WILMINGTON, DE|National
Loans Originated
1,700
Applications
2,501
Volume
$1 billion
Sources loans from independent brokers
Overall Pricing
Mediocre
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+1.174%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$4,732
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
68.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Particularly strong in Conventional and Jumbo loans
  • Nationwide availability with consistent service

Things to Think About

  • Rates typically 117 basis points above market average
  • Higher than average fees ($4,732)

Report Card

ANGEL OAK MORTGAGE SOLUTIONS LLC performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
MediocreBelow peers
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
Jumbo
ExceptionalMarket Leader
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundNational · 43 metro areas · 45 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$631,671
Average Borrower Income
$493,217
Average Property Value
$885,941

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Strong
Mediocre
Sound
1,29075.9%+1.198%$5,122
Jumbo Loans
Sound
Exceptional
Mediocre
Strong
41024.1%+1.084%$3,254

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Strong
Mediocre
Acceptable
1,26774.5%+1.203%$4,891
Refinance
Acceptable
Strong
Mediocre
Sound
43325.5%+1.083%$4,232

Geographic Coverage

Metro Areas
42
States Served
45
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Miami, FLMSA
Volume: 111Mix: 6.53%
Place Specialization
Strong
2
Fort Lauderdale, FLMSA
Volume: 98Mix: 5.76%
Place Specialization
Strong
3
West Palm Beach, FLMSA
Volume: 76Mix: 4.47%
Place Specialization
Strong
4
Los Angeles, CAMSA
Volume: 72Mix: 4.24%
Place Specialization
Strong
5
Cape Coral, FLMSA
Volume: 40Mix: 2.35%
Place Specialization
Sound
6
Orlando, FLMSA
Volume: 49Mix: 2.88%
Place Specialization
Sound
7
Naples, FLMSA
Volume: 22Mix: 1.29%
Place Specialization
Sound
8
Atlanta, GAMSA
Volume: 53Mix: 3.12%
Place Specialization
Sound
9
Houston, TXMSA
Volume: 58Mix: 3.41%
Place Specialization
Sound
10
St. Petersburg, FLMSA
Volume: 28Mix: 1.65%
Place Specialization
Sound
Showing 10 of 42 metro areas

Top States by Place Specialization Score

1
FLState
Volume: 600Mix: 35.29%
Place Specialization
Strong
2
CAState
Volume: 235Mix: 13.82%
Place Specialization
Strong
3
TXState
Volume: 168Mix: 9.88%
Place Specialization
Strong
4
GAState
Volume: 92Mix: 5.41%
Place Specialization
Sound
5
SCState
Volume: 65Mix: 3.82%
Place Specialization
Sound
6
VAState
Volume: 47Mix: 2.76%
Place Specialization
Sound
7
MDState
Volume: 37Mix: 2.18%
Place Specialization
Sound
8
NCState
Volume: 49Mix: 2.88%
Place Specialization
Sound
9
COState
Volume: 39Mix: 2.29%
Place Specialization
Sound
10
AZState
Volume: 39Mix: 2.29%
Place Specialization
Sound
Showing 10 of 22 states

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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