Angel Oak Home Loans LLC Mortgage Lending & HMDA Data, 2019

In 2019, Angel Oak Home Loans LLC of Atlanta, GA reported 5,732 mortgage applications totaling $1.7 billion, up 99% from 2018. The average application was for $304,717, and applicants reported an average income of $151,149. 68% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (1,389), Dallas-Plano-Irving, TX (226) and Raleigh, NC (210) (applications in parentheses).

Mortgage Company & Address Angel Oak Home Loans LLC
3600 Peachtree Road Nw, Suite 500
Atlanta, GA 30305
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 5,732
Total Mortgage Loan Application Amount $1,746,640,000
Average Mortgage Loan Application Amount $304,717
Highest Mortgage Loan Application Amount $4,505,000
Average Applicant Income $151,149
Highest Applicant Income $9,157,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Angel Oak Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Angel Oak Home Loans LLC by Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Atlanta-Sandy Springs-Roswell, GA 1,389 $ 499,015,000 $ 359,262 $ 166,000
Outside any metro area 450 $ 85,200,000 $ 189,333 $ 108,313
Dallas-Plano-Irving, TX 226 $ 72,200,000 $ 319,469 $ 170,000
Raleigh, NC 210 $ 61,100,000 $ 290,952 $ 134,000
Charlotte-Concord-Gastonia, NC-SC 209 $ 65,575,000 $ 313,755 $ 135,488
Wilmington, NC 186 $ 44,250,000 $ 237,903 $ 100,000
Charleston-North Charleston, SC 182 $ 47,200,000 $ 259,340 $ 101,000
New Orleans-Metairie, LA 168 $ 43,700,000 $ 260,119 $ 138,000
Columbia, SC 162 $ 22,300,000 $ 137,654 $ 61,000
Valdosta, GA 160 $ 28,560,000 $ 178,500 $ 75,000
Savannah, GA 159 $ 34,515,000 $ 217,075 $ 99,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 156 $ 30,420,000 $ 195,000 $ 88,000
Austin-Round Rock, TX 141 $ 50,485,000 $ 358,049 $ 195,000
San Antonio-New Braunfels, TX 139 $ 33,645,000 $ 242,050 $ 128,000
Baton Rouge, LA 129 $ 37,515,000 $ 290,813 $ 153,000
Orlando-Kissimmee-Sanford, FL 129 $ 45,015,000 $ 348,953 $ 176,000
Greenville, NC 124 $ 25,020,000 $ 201,774 $ 108,000
Los Angeles-Long Beach-Glendale, CA 83 $ 52,175,000 $ 628,614 $ 215,000
Jackson, MS 79 $ 19,155,000 $ 242,468 $ 91,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 65 $ 21,095,000 $ 324,538 $ 159,000
Nashville-Davidson--Murfreesboro--Franklin, TN 63 $ 25,055,000 $ 397,698 $ 181,000
Houston-The Woodlands-Sugar Land, TX 55 $ 18,605,000 $ 338,272 $ 303,000
Durham-Chapel Hill, NC 44 $ 11,490,000 $ 261,136 $ 108,000
Jacksonville, FL 42 $ 12,380,000 $ 294,761 $ 198,000
Fort Worth-Arlington, TX 40 $ 11,480,000 $ 287,000 $ 146,000
Warner Robins, GA 38 $ 6,600,000 $ 173,684 $ 66,000
Miami-Miami Beach-Kendall, FL 36 $ 19,450,000 $ 540,277 $ 264,000
Rocky Mount, NC 36 $ 6,520,000 $ 181,111 $ 75,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 36 $ 24,140,000 $ 670,555 $ 361,277
Chicago-Naperville, IL 35 $ 11,795,000 $ 337,000 $ 157,000
Oxnard-Thousand Oaks-Ventura, CA 35 $ 17,685,000 $ 505,285 $ 325,000
Riverside-San Bernardino-Ontario, CA 33 $ 14,975,000 $ 453,787 $ 196,000
Tampa-St. Petersburg-Clearwater, FL 28 $ 7,440,000 $ 265,714 $ 242,000
West Palm Beach-Boca Raton-Delray Beach, FL 27 $ 10,615,000 $ 393,148 $ 149,000
Gainesville, GA 20 $ 5,520,000 $ 276,000 $ 132,000
Greensboro-High Point, NC 20 $ 4,100,000 $ 205,000 $ 119,000
Jacksonville, NC 20 $ 3,940,000 $ 197,000 $ 76,000
Gulfport-Biloxi-Pascagoula, MS 19 $ 3,445,000 $ 181,315 $ 90,000
Crestview-Fort Walton Beach-Destin, FL 18 $ 9,060,000 $ 503,333 $ 313,000
San Jose-Sunnyvale-Santa Clara, CA 18 $ 17,160,000 $ 953,333 $ 283,000
Deltona-Daytona Beach-Ormond Beach, FL 15 $ 3,505,000 $ 233,666 $ 176,000
New York-Newark, NY 15 $ 7,365,000 $ 491,000 $ 287,000
Phoenix-Mesa-Scottsdale, AZ 14 $ 4,620,000 $ 330,000 $ 176,000
Sherman-Denison, TX 14 $ 3,210,000 $ 229,285 $ 175,000
Anaheim-Santa Ana-Irvine, CA 13 $ 11,625,000 $ 894,230 $ 259,000
North Port-Sarasota-Bradenton, FL 13 $ 6,515,000 $ 501,153 $ 849,000
Winston-Salem, NC 13 $ 3,595,000 $ 276,538 $ 89,000
Denver-Aurora-Lakewood, CO 12 $ 3,900,000 $ 325,000 $ 84,000
Oakland-Hayward-Berkeley, CA 12 $ 7,630,000 $ 635,833 $ 401,000
Palm Bay-Melbourne-Titusville, FL 12 $ 4,190,000 $ 349,166 $ 127,000
Greenville-Anderson-Mauldin, SC 11 $ 4,465,000 $ 405,909 $ 259,000
Hilton Head Island-Bluffton-Beaufort, SC 11 $ 5,485,000 $ 498,636 $ 275,000
Hammond, LA 10 $ 2,080,000 $ 208,000 $ 80,000
Macon-Bibb County, GA 10 $ 1,380,000 $ 138,000 $ 79,000
Richmond, VA 10 $ 2,120,000 $ 212,000 $ 143,000
San Diego-Carlsbad, CA 10 $ 7,030,000 $ 703,000 $ 236,000
Chattanooga, TN-GA 9 $ 3,685,000 $ 409,444 $ 598,000
Hickory-Lenoir-Morganton, NC 9 $ 1,585,000 $ 176,111 $ 66,000
Albany, GA 8 $ 1,400,000 $ 175,000 $ 66,000
Baltimore-Columbia-Towson, MD 8 $ 4,170,000 $ 521,250 $ 155,000
Daphne-Fairhope-Foley, AL 8 $ 2,630,000 $ 328,750 $ 1,009,000
Fayetteville, NC 8 $ 1,620,000 $ 202,500 $ 95,000
Naples-Immokalee-Marco Island, FL 8 $ 4,270,000 $ 533,750 $ 249,000
San Francisco-Redwood City-South San Francisco, CA 8 $ 10,030,000 $ 1,253,750 $ 325,000
Washington-Baltimore-Arlington, DC 8 $ 3,510,000 $ 438,750 $ 175,000
Asheville, NC 7 $ 1,825,000 $ 260,714 $ 164,000
Cape Coral-Fort Myers, FL 7 $ 2,695,000 $ 385,000 $ 175,000
Killeen-Temple, TX 7 $ 1,175,000 $ 167,857 $ 85,000
Lake County-Kenosha County, IL-WI 7 $ 3,755,000 $ 536,428 $ 359,000
Port St. Lucie, FL 7 $ 2,005,000 $ 286,428 $ 113,000
Knoxville, TN 6 $ 1,740,000 $ 290,000 $ 159,000
New York-Jersey City-White Plains, NY-NJ 6 $ 3,430,000 $ 571,666 $ 237,000
Newark, NJ-PA 6 $ 2,780,000 $ 463,333 $ 239,000
Ocala, FL 6 $ 1,610,000 $ 268,333 $ 128,000
Sumter, SC 6 $ 520,000 $ 86,666 $ 32,000
Virginia Beach-Norfolk-Newport News, VA-NC 6 $ 1,370,000 $ 228,333 $ 250,333
Brunswick, GA 5 $ 1,165,000 $ 233,000 $ 143,000
Burlington, NC 5 $ 1,015,000 $ 203,000 $ 66,000
Ocean City, NJ 5 $ 1,435,000 $ 287,000 $ 94,000
Panama City, FL 5 $ 1,585,000 $ 317,000 $ 175,000
Pensacola-Ferry Pass-Brent, FL 5 $ 1,825,000 $ 365,000 $ 518,000
Rome, GA 5 $ 595,000 $ 119,000 $ 49,000
Charlottesville, VA 4 $ 1,040,000 $ 260,000 $ 70,000
Columbus, GA-AL 4 $ 710,000 $ 177,500 $ 96,500
Corpus Christi, TX 4 $ 550,000 $ 137,500 $ 70,000
El Paso, TX 4 $ 580,000 $ 145,000 $ 156,000
Elgin, IL 4 $ 780,000 $ 195,000 $ 110,000
Gainesville, FL 4 $ 1,070,000 $ 267,500 $ 963,000
Homosassa Springs, FL 4 $ 1,160,000 $ 290,000 $ 181,000
Memphis, TN-MS-AR 4 $ 1,660,000 $ 415,000 $ 151,000
Midland, TX 4 $ 1,400,000 $ 350,000 $ 261,000
New Bern, NC 4 $ 560,000 $ 140,000 $ 77,000
Sacramento--Roseville--Arden-Arcade, CA 4 $ 2,050,000 $ 512,500 $ 523,000
Tyler, TX 4 $ 650,000 $ 162,500 $ 303,000
Athens-Clarke County, GA 3 $ 1,085,000 $ 361,666 $ 152,000
Auburn-Opelika, AL 3 $ 575,000 $ 191,666 $ 126,000
Augusta-Richmond County, GA-SC 3 $ 595,000 $ 198,333 $ 52,000
Camden, NJ 3 $ 655,000 $ 218,333 $ 88,000
Goldsboro, NC 3 $ 565,000 $ 188,333 $ 229,000
Hinesville, GA 3 $ 335,000 $ 111,666 $ 32,000
Indianapolis-Carmel-Anderson, IN 3 $ 1,205,000 $ 401,666 $ 129,000
Lafayette, LA 3 $ 595,000 $ 198,333 $ 92,000
Montgomery, AL 3 $ 395,000 $ 131,666 $ 42,000
Santa Maria-Santa Barbara, CA 3 $ 3,045,000 $ 1,015,000 $ 268,000
Santa Rosa, CA 3 $ 2,055,000 $ 685,000 $ 179,000
Tallahassee, FL 3 $ 985,000 $ 328,333 $ 130,000
Allentown-Bethlehem-Easton, PA-NJ 2 $ 540,000 $ 270,000 $ 121,000
Bakersfield, CA 2 $ 530,000 $ 265,000 $ 70,000
Beaumont-Port Arthur, TX 2 $ 390,000 $ 195,000 $ 145,000
Birmingham-Hoover, AL 2 $ 1,080,000 $ 540,000 $ 209,000
College Station-Bryan, TX 2 $ 240,000 $ 120,000 $ 118,000
Greeley, CO 2 $ 450,000 $ 225,000 $ 81,000
Johnson City, TN 2 $ 310,000 $ 155,000 $ 52,000
Kingsport-Bristol-Bristol, TN-VA 2 $ 650,000 $ 325,000 $ 51,000
Longview, TX 2 $ 120,000 $ 60,000 $ 41,000
McAllen-Edinburg-Mission, TX 2 $ 530,000 $ 265,000 $ 353,000
Oklahoma City, OK 2 $ 1,790,000 $ 895,000 $ 258,000
Pueblo, CO 2 $ 210,000 $ 105,000 $ 57,000
Punta Gorda, FL 2 $ 530,000 $ 265,000 $ 94,000
San Rafael, CA 2 $ 2,400,000 $ 1,200,000 $ 459,000
Santa Cruz-Watsonville, CA 2 $ 1,290,000 $ 645,000 $ 190,000
Sebastian-Vero Beach, FL 2 $ 650,000 $ 325,000 $ 381,000
Spartanburg, SC 2 $ 300,000 $ 150,000 $ 54,000
Stockton-Lodi, CA 2 $ 850,000 $ 425,000 $ 140,000
Atlantic City-Hammonton, NJ 1 $ 255,000 $ 255,000 $ 74,000
Chico, CA 1 $ 115,000 $ 115,000 $ 60,000
Colorado Springs, CO 1 $ 295,000 $ 295,000 $ 69,000
Dalton, GA 1 $ 485,000 $ 485,000 $ 111,000
Elkhart-Goshen, IN 1 $ 505,000 $ 505,000 $ 167,000
Florence, SC 1 $ 125,000 $ 125,000 $ 54,000
Fort Collins, CO 1 $ 485,000 $ 485,000 $ 172,000
Fort Wayne, IN 1 $ 215,000 $ 215,000 $ 85,000
Fresno, CA 1 $ 355,000 $ 355,000 $ 216,000
Gary, IN 1 $ 105,000 $ 105,000 $ 158,000
Hagerstown-Martinsburg, MD-WV 1 $ 465,000 $ 465,000 $ 193,000
Hattiesburg, MS 1 $ 105,000 $ 105,000 $ 51,000
Huntsville, AL 1 $ 185,000 $ 185,000 $ 90,000
Jackson, TN 1 $ 105,000 $ 105,000 $ 75,000
Lafayette-West Lafayette, IN 1 $ 75,000 $ 75,000 $ 41,000
Lake Charles, LA 1 $ 335,000 $ 335,000 $ 251,000
Lakeland-Winter Haven, FL 1 $ 245,000 $ 245,000 $ 85,000
Lubbock, TX 1 $ 255,000 $ 255,000 $ 1,999,000
Madera, CA 1 $ 305,000 $ 305,000 $ 150,000
Mobile, AL 1 $ 145,000 $ 145,000 $ 47,000
Modesto, CA 1 $ 145,000 $ 145,000 $ 131,000
Odessa, TX 1 $ 85,000 $ 85,000 $ 54,000
Peoria, IL 1 $ 95,000 $ 95,000 $ 114,000
Redding, CA 1 $ 465,000 $ 465,000 $ 118,000
Roanoke, VA 1 $ 295,000 $ 295,000 $ 154,000
Shreveport-Bossier City, LA 1 $ 285,000 $ 285,000 $ 79,000
St. Louis, MO-IL 1 $ 155,000 $ 155,000 $ 165,000
The Villages, FL 1 $ 135,000 $ 135,000 $ 78,000
Tucson, AZ 1 $ 195,000 $ 195,000 $ 55,000
Tulsa, OK 1 $ 135,000 $ 135,000 $ 537,000
Tuscaloosa, AL 1 $ 245,000 $ 245,000 $ 108,000
Wilmington, DE-MD-NJ 1 $ 95,000 $ 95,000 $ 55,000
Winchester, VA-WV 1 $ 255,000 $ 255,000 $ 58,000

Mortgage Loan Application Detail Totals for Angel Oak Home Loans LLC in 2019

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 4,333 $1,260,035,000 $290,000 $3,315,000 $147,000 $9,157,000
Refinancing 1,399 $486,605,000 $347,000 $4,505,000 $164,000 $4,200,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 3,515 $1,058,525,000 $301,000 $3,315,000 $150,000 $7,310,000
Not Provided 1,012 $351,740,000 $347,000 $4,505,000 $180,000 $9,157,000
Black or African American 606 $153,210,000 $252,000 $2,085,000 $105,000 $929,000
Hispanic 410 $112,620,000 $274,000 $1,345,000 $136,000 $2,978,000
Asian 155 $56,775,000 $366,000 $1,335,000 $178,000 $3,275,000
American Indian or Alaskan Native 11 $2,715,000 $246,000 $465,000 $104,000 $326,000
Native Hawaiian or Other Pacific Islander 7 $2,285,000 $326,000 $715,000 $108,000 $231,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 4,169 $1,410,095,000 $338,000 $4,505,000 $180,000 $9,157,000
FHA-insured (Federal Housing Administration) 995 $200,645,000 $201,000 $555,000 $72,000 $302,000
VA-guaranteed (Veterans Administration) 422 $111,700,000 $264,000 $845,000 $83,000 $266,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 146 $24,200,000 $165,000 $385,000 $54,000 $98,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 3,910 $1,134,560,000 $290,000 $2,925,000 $144,000 $7,200,000
Application Withdrawn By Applicant 896 $303,540,000 $338,000 $3,315,000 $194,000 $9,157,000
Application Denied By Financial Institution 850 $285,170,000 $335,000 $4,505,000 $137,000 $1,498,000
File Closed For Incompleteness 50 $17,010,000 $340,000 $1,535,000 $143,000 $780,000
Application Approved But Not Accepted 26 $6,360,000 $244,000 $725,000 $114,000 $332,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 4,882 $1,461,470,000 $299,000 $3,315,000 $153,000 $9,157,000
Credit Application Incomplete 360 $131,380,000 $364,000 $2,905,000 $173,000 $1,498,000
Debt-To-Income Ratio 177 $57,905,000 $327,000 $3,005,000 $84,000 $609,000
Credit History 114 $33,410,000 $293,000 $1,715,000 $107,000 $480,000
Other 53 $14,605,000 $275,000 $1,545,000 $129,000 $516,000
Collateral 53 $15,105,000 $285,000 $1,335,000 $151,000 $701,000
Insufficient Cash (Downpayment, Closing Cost) 46 $18,490,000 $401,000 $4,505,000 $155,000 $1,071,000
Employment History 32 $9,690,000 $302,000 $1,985,000 $120,000 $735,000
Unverifiable Information 15 $4,585,000 $305,000 $1,235,000 $83,000 $244,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Angel Oak Home Loans LLC's 2019 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Angel Oak Home Loans LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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