Angel Oak Mortgage Solutions DSCR loan requirements

Angel Oak Mortgage Solutions LLC (NMLS 1160240) is a wholesale non-QM lender offering a DSCR (Investor Cash Flow) program where "no personal income or employment information is required to qualify."

wholesaleBroker channelHQ GeorgiaNot yet verifiedAuto-checked Oct 4, 2026Lender website Broker / wholesale page

2 programs

DSCR Loan (Investor Cash Flow)

Program type: dscr

Not yet verifiedAuto-checked Oct 4, 2026

DSCR rules

Minimum DSCR: n/a
Sub-1.0 DSCR allowed: Yes
Sub-1.0 floor: n/a
No-ratio option: Yes
No-ratio max LTV: n/a

Credit and leverage

Minimum FICO: 680
Max LTV, purchase: 85%
Max LTV, rate/term: n/a
Max LTV, cash-out: n/a
Loan amount: $100,000 to $3,000,000

Geography and collateral

States: Not published
Property types: Single-family, 2-4 units, Condo
Short-term rentals: Yes
STR minimum DSCR: n/a
Rural allowed: Not published
Max acres: Not published
Min square feet: Not published

Borrower rules

Entity (LLC) borrowers: Yes
Individual borrowers: Yes
Foreign nationals: No
ITIN borrowers: No
First-time investors: Yes
Minimum experience: Not published
Cash-out seasoning: Not published
Reserves: Not published
Max loans per borrower: 5

Terms

Prepay options: Not published
Prepay required: Not published
Interest-only: Yes
Terms: 30 yr
Rate types: 30-yr fixed, 5/6 ARM, 7/6 ARM

Provenance

Source: Program page
Document: None public
Source retrieved: Oct 4, 2026
Last verified: Not yet verified by a human
Auto-checked: Oct 4, 2026, matched the source

Research notes

Found on the program page: "DSCR < 1.0 and No DSCR options available" (so sub-1 and no-ratio are offered, but the sub-1 floor and no-ratio max LTV are not published); min FICO 680 (at up to 75% LTV) and "Minimum 720 FICO" for the 85% max LTV; 85% max LTV is not broken out by transaction type so rate-term and cash-out max are null (transactions allowed: purchase, rate & term, cash-out, delayed financing); loans $100,000 to $3 million; "5/6 ARM, 7/6 ARM, & 30 year options"; interest-only available; gift funds OK; seller concessions up to 6%; vesting in "LLC, S corp, C corp, or revocable trusts"; "Permanent and non-permanent residents allowed" (true foreign nationals go through the separate Foreign National program, so foreignNationalAllowed is false here); "First time home buyer (FTHB) not allowed" (first-time INVESTORS who own a primary are not addressed, so firstTimeInvestorAllowed left true by silence); "Max of five loans with AOMS (exceptions considered)" and no limit on total financed properties; warrantable, non-warrantable, and condotel condos plus manufactured housing (from the DSCR calculator page) allowed; STR allowed via AirDNA analysis. NOT found: minimum DSCR for full pricing, reserves, seasoning, prepayment penalty options, a program matrix / guideline PDF (none linked publicly; matrices appear to be behind the broker portal), full licensed-state list, ITIN eligibility within DSCR (Angel Oak has a separate ITIN program).

Foreign National (DSCR qualification)

Program type: dscr

Not yet verifiedAuto-checked Oct 4, 2026

DSCR rules

Minimum DSCR: 1.00
Sub-1.0 DSCR allowed: No
Sub-1.0 floor: n/a
No-ratio option: No
No-ratio max LTV: n/a

Credit and leverage

Minimum FICO: Not published
Max LTV, purchase: 70%
Max LTV, rate/term: 70%
Max LTV, cash-out: n/a
Loan amount: $100,000 to $1,500,000

Geography and collateral

States: Not published
Property types: Not published
Short-term rentals: No
STR minimum DSCR: n/a
Rural allowed: Not published
Max acres: Not published
Min square feet: Not published

Borrower rules

Entity (LLC) borrowers: Yes
Individual borrowers: Yes
Foreign nationals: Yes
ITIN borrowers: No
First-time investors: Yes
Minimum experience: Not published
Cash-out seasoning: Not published
Reserves: 12 months
Max loans per borrower: Not published

Terms

Prepay options: Not published
Prepay required: Not published
Interest-only: Not published
Terms: Not published
Rate types: Not published

Provenance

Source: Program page
Document: None public
Source retrieved: Oct 4, 2026
Last verified: Not yet verified by a human
Auto-checked: Oct 4, 2026, matched the source

Research notes

Foreign National variant: "DSCR program with a 1:1 ratio on cash flow" (recorded as minDscr 1.0); no U.S. income or credit required (min FICO listed as NA); max LTV 70% (not broken out by transaction type; purchase, rate & term, cash-out and delayed financing all allowed); loans $100,000 to $1.5 million; investment property only, borrower cannot reside in the U.S., eligible visas B-1, B-2, H-2, H-3, I, J-1, J-2, O-2, P1, P2; "12 months' reserves required and can remain in a borrower's home country"; assets seasoned 60 days with 30 days in a U.S. FDIC-insured bank; ACH auto-pay required; not available in Osceola County, FL. NOT found: property types, terms, rate types, IO, prepay, vesting rules, state list. entity/individual/first-time defaults assumed from silence.

About the lender record

HQ 980 Hammond Drive, Suite 850, Atlanta, GA 30328. Wholesale/broker channel only (angeloakms.com is the broker-facing site). The program is currently branded simply "DSCR Loan" on the site; the URL slug still reads investor-cash-flow-mortgage-program. Also offers a DSCR Closed-End Second Lien (min 700 FICO, 75% max CLTV) and a Foreign National program that uses DSCR qualification. Site states it can make business-purpose loans in unlicensed states AL, AR, CA, CO, CT, FL, GA, IN, LA, MA, MO, MT, NC, NM, OH, OK, PA, SC, TN, TX, UT, WA, WI (with CA/TX caveats), but a full licensed-state list was not found. Angel Oak launched an automated Rental Income AVM / 1007 waiver at prequal (75% max LTV, 1 unit). Sources read: https://angeloakms.com/programs/investor-cash-flow/, https://angeloakms.com/programs/, https://angeloakms.com/dscr-loan-calculator/, https://angeloakms.com/programs/investor-cash-flow-mortgage-program/, https://angeloakms.com/programs/foreign-national-mortgage-program/

Data last updated Oct 4, 2026. Guidelines are published by lenders and may have changed since.