Angel Oak Home Loans Builds on Momentum by Expanding New Consumer Direct Division

Full-service retail mortgage lender taps Ed Powell to expand consumer channels in the Southeast

CHARLOTTE, N.C.--()--Angel Oak Home Loans (“Angel Oak”), a leading full-service retail mortgage lender, welcomes industry veteran Ed Powell as Regional Manager and leader of the new Angel Oak consumer direct division in Charlotte, North Carolina.

Coming on the heels of rapid growth in the Atlanta consumer direct division under Eric Iannamico’s leadership, Angel Oak will expand their consumer direct division further into the Southeast with Powell at the helm. In addition to the new Charlotte division, Angel Oak will soon open a third division in Baton Rouge, Louisiana. These locations will support the continued demand for traditional loan products, as well as Angel Oak’s non-qualified mortgage products that help borrowers who do not meet today’s tight bank-lending standards.

“I’m looking forward to coming on board with Angel Oak after their impressive 2019, which showed they are truly the leaders in expanded credit lending,” explains Powell. “I’m excited to apply my expertise in lead generation as well as my ability to build quality relationships as we grow the consumer direct division.”

Powell brings 20 years of experience with him, including senior positions at Pacific Union Financial, LLC, RoundPoint Mortgage and Lending Tree. Prior to joining Angel Oak, Powell served as the Senior Director of Sales at Ally Bank, growing his team to over 50 loan officers who originated more than $1.6 billion in 2019. As Angel Oak continues to expand, talented additions like Powell will be integral to achieving high-quality results while maintaining excellent customer service.

“After celebrating a tremendous year of growth at Angel Oak, we are thrilled to continue our internal expansion through Ed and the new consumer direct divisions,” says Richard LaNasa President of Angel Oak Home Loans. “At Angel Oak, we are dedicated to providing top-tier customer service. Ed’s proven track record of doing so will strengthen our relationships so we can continue to provide innovative products and service more borrowers.”

With its expansion, Angel Oak also plans to hire additional staff. For individuals interested in Charlotte opportunities, please contact Powell via ed.powell@angeloakhomeloans.com. For individuals interested in Atlanta and Baton Rouge opportunities, please reach out to Drew Church at drew.church@angeloakhomeloans.com.

To learn more about Angel Oak Home Loans and view full licensing information, visit: www.angeloakhomeloans.com.

Angel Oak Home Loans, LLC NMLS 685842. Angel Oak is an Equal Housing Lender. Each application will be evaluated individually; not all applicants will qualify.

About Angel Oak Home Loans, LLC

Angel Oak Home Loans is a full-service mortgage lender. In addition to offering traditional mortgage products, Angel Oak Home Loans and the Angel Oak family of companies specialize in innovative alternative lending options. Its flexible, supportive approach empowers prospective homebuyers to embark on a new path with confidence. Angel Oak’s experienced team of licensed mortgage advisors is leading the way by delivering start-to-finish mortgage support and an exceptional client experience.

Contacts

Media Contact:
Trevor Davis
Gregory FCA for Angel Oak Home Loans
Email: trevor@gregoryfca.com
Office: 215-475-5931

Company Contact:
Steven Winokur
Chief Marketing Officer at Angel Oak Companies
Email: Steven.Winokur@angeloakcapital.com
Office: 404-637-0393

Release Summary

Angel Oak Home Loans hires Ed Powell to oversee southeast expansion of consumer direct division amid rapid growth

Contacts

Media Contact:
Trevor Davis
Gregory FCA for Angel Oak Home Loans
Email: trevor@gregoryfca.com
Office: 215-475-5931

Company Contact:
Steven Winokur
Chief Marketing Officer at Angel Oak Companies
Email: Steven.Winokur@angeloakcapital.com
Office: 404-637-0393