Angel Oak Mortgage Solutions Review
Founded 2011 · Atlanta, GA · Nationwide
4.5
Editor Rating
Angel Oak Mortgage Solutions is one of the largest and most established non-QM lenders in the country, with the broadest self-employed menu in the market. Important for consumers: Angel Oak Mortgage Solutions is a wholesale lender — you cannot apply directly and must work through a mortgage broker.
Editor's Take
The benchmark non-QM lender with the deepest self-employed menu, including ITIN. The catch for consumers is that it is wholesale-only — you reach Angel Oak through a mortgage broker, so the broker you pick shapes your experience and cost.
— Bill Rice, 30+ year mortgage lending veteran
Angel Oak Mortgage Solutions Review: The Full Breakdown
Angel Oak Mortgage Solutions is, by most measures, the benchmark name in non-QM lending. It has been originating alternative-documentation loans longer than most competitors, it is a prolific securitizer of these loans, and its product menu is the broadest in the category — bank statement, asset qualifier, 1099, P&L, DSCR, ITIN, and foreign-national programs, with loan amounts reaching roughly $4 million.
The single most important thing for a consumer to understand is the channel. Angel Oak Mortgage Solutions is a wholesale lender, which means it does not take applications directly from borrowers. You access Angel Oak's programs through an independent mortgage broker, who packages and submits your file. (Angel Oak's separate retail arm has been wound down, so the wholesale channel is the way in.)
That structure is not a drawback so much as a fork in the road. A good broker can shop Angel Oak's programs against other non-QM investors on your behalf and often find sharper pricing than any single retail lender would quote. The trade-off is that your experience, timeline, and fees are shaped by the broker you choose rather than by Angel Oak directly. If you are working with a broker already, Angel Oak's depth makes it one of the first places they should look for a self-employed file.
Pros & Cons
Pros
- Among the largest, most established non-QM lenders
- Broadest self-employed menu in the market
- Offers ITIN and foreign-national programs
- Loans up to roughly $4M
Cons
- Wholesale-only — you must apply through a mortgage broker, not directly
- No direct consumer pricing or application
- Costs depend on the broker you choose
Loan Products Offered
Eligible Property Types
Best For
Compare Angel Oak Mortgage Solutions
Angel Oak Mortgage Solutions Review: Frequently Asked Questions
Is Angel Oak Mortgage Solutions a legitimate lender?
Angel Oak Mortgage Solutions is an established lender founded in 2011 and headquartered in Atlanta, GA. It lends nationwide and specializes in bank statement loans, self employed mortgages, non qm loans, asset depletion loans, 1099 income loans, profit and loss loans, no tax return mortgages and itin mortgages. To verify it for yourself, confirm Angel Oak Mortgage Solutions's current NMLS registration and state licensing, check its Better Business Bureau (BBB) profile and reviews, and compare written quotes before you apply.
What are the pros and cons of Angel Oak Mortgage Solutions?
Pros: Among the largest, most established non-QM lenders; Broadest self-employed menu in the market; Offers ITIN and foreign-national programs. Cons: Wholesale-only — you must apply through a mortgage broker, not directly; No direct consumer pricing or application; Costs depend on the broker you choose.
Does Angel Oak Mortgage Solutions offer bank statement loans?
Yes. Angel Oak Mortgage Solutions offers bank statement loan programs that qualify self-employed borrowers using 12–24 months of bank deposits instead of tax returns or W-2s — useful for business owners and 1099 earners with non-traditional income.
What credit score do you need for Angel Oak Mortgage Solutions?
Angel Oak Mortgage Solutions's published minimum credit score is 620. A higher score generally unlocks better rates and higher leverage. Requirements vary by loan program and are subject to change.
What rates and fees does Angel Oak Mortgage Solutions charge?
Angel Oak Mortgage Solutions's rates run approximately 7%–9.75% with origination fees of Set by your broker, on loans from $100K to $4M (up to 90% LTV). All figures are approximate and subject to change — request a written quote for your scenario.
How fast can Angel Oak Mortgage Solutions close a loan?
Angel Oak Mortgage Solutions typically closes in 25–40 days, depending on the loan program, the property, and how quickly you provide documentation.
Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. Self-Employed Lending Hub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.