Credit scores 700 or higher
Loans up to $3 million
Up to 75% LTV
Angel Oak’s Asset Qualifier Mortgage Program was created for borrowers to qualify using their liquid assets. We do not require employment, income, or DTI to justify the ability to repay the loan. This program allows for borrowers to qualify for larger loans easier!
- Minimum loan $150,000
- No employment, no income, no DTI
- Rates are 30-year fixed
- 5 Years seasoning foreclosure, short sale or bankruptcy
- Primary residence, purchase or refinance
- Interest only program available
- Non-warrantable condos considered
- All assets must be sourced and seasoned for a minimum of 12 months
- Required assets: Loan amount, recurring monthly debt multiplied by 60 months, funds to close and 6 months reserves
- Borrowers must have at least $500,000 in post-closing assets.