| Criteria | FOREIGN NATIONAL |
| NonQM Profile Category | Foreign National; Investor; Non Warrantable Condo |
| Documentation | Full |
| Maximum Loan Amount | 750K |
| Loan Term/Mortgage Rate Type | 30 yr fixed or 5/1 ARM |
| Interest Only | N/A |
| Bankruptcy Seasoning | N/A |
| DTI | 50% |
| Credit Score (min) | N/A |
| Foreclosure, Short Sale, Deed-in-Lieu | N/A |
| Occupancy | Investment Property |
| Min. Reserves | 12 months + 2 for each addional property |
| Residual Income (min) | N/A |
| Max Payment Shock | 350% |
| Mortgage (or rent) Payment History | 0 x 30 x24 |
| Rent Free | Not Eligible |
| Max LTV | 75% |
| Gift Funds | Not Allowed |
| Max Cash in Hand | $300K |
| Non Warrantable Condos | Available |
Angel Oak:
Bill Parnell
Direct: 925-726-9123
Email: Bill.Parnell@angeloakms.com
