Published terms, read October 29, 2026
Angel Oak Mortgage Solutions vs Asset Based Lending: published loan terms side by side
DSCR floor: Angel Oak no minimum, ABL 1.00x. On a $2,000 monthly payment (principal, interest, taxes, insurance and HOA), Angel Oak sets no floor; ABL needs at least $2,000 of rent. Below is everything else each one publishes on its own website, term by term.
The two lenders
Angel Oak Mortgage Solutions
Non-QM mortgage lender. Its DSCR program page is written for mortgage originators and says business-purpose loans are offered through approved clients, so most investors reach it through a broker or loan officer.
Asset Based Lending
Direct private real estate lender based in Jersey City, New Jersey, founded in 2010 (NMLS #2449622). It funds fix and flip, new construction and bridge loans in-house; its DSCR rental loans are brokered to third-party capital partners.
The differences that change a deal
- Credit on rentals: Angel Oak publishes a 680 minimum, ABL 660. At Angel Oak, 85% LTV needs a 720+ score; 75% at 680.
- Leverage on a rental purchase: up to 85% at Angel Oak, 80% at ABL, which is 5 points of down payment on the same house.
- ABL publishes terms for fix and flip loans; Angel Oak publishes no terms of its own for them.
- ABL publishes terms for ground-up construction loans; Angel Oak publishes no terms of its own for them.
- How you reach them: Angel Oak offers its investor loans through brokers and loan officers; ABL takes applications from investors directly.
- Smallest DSCR loan: $100,000 at Angel Oak, $85,000 at ABL.
- Largest DSCR loan: $3 million at Angel Oak, $2.5 million at ABL.
- Borrowing entity: Angel Oak: optional: title can vest in an LLC, S corp, C corp or revocable trust. ABL: business entity required. Title must be held in an LLC or corporation; a personal guarantee is required from all principals.
DSCR rental loans
| Term | Angel Oak Mortgage Solutions | Asset Based Lending |
|---|---|---|
| Loan amount | $100,000 to $3,000,000 | $85,000 to $2,500,000 |
| Max LTV (purchase) | Up to 85% LTV with 720+ (75% at 680) | Up to 80% LTV |
| Min FICO | 680 | 660 |
| Min DSCR | Below 1.00x and no-ratio options | 1.00x |
| Experience | First-time homebuyers not eligible | Not required (first-time and experienced investors) |
| Property types | Includes non-warrantable condos and condotels | Single family, 2-4 units, condos (also 5-9 units) |
Asset Based Lending also publishes fix and flip loans; Angel Oak Mortgage Solutions does not. Asset Based Lending also publishes ground-up construction loans; Angel Oak Mortgage Solutions does not.
States and borrower rules
| Lender | Where it lends | Borrowing entity | Foreign nationals |
|---|---|---|---|
| Angel Oak Mortgage Solutions | Not published as a list. | Optional: title can vest in an LLC, S corp, C corp or revocable trust. [src] | A separate foreign national DSCR program: $100,000 to $1,500,000, 1.00x DSCR, borrower must live outside the US, US LLC allowed. [src] |
| Asset Based Lending | 42 states and Washington, DC per its published list (the same page says '43 states'). Not on the list: AK, HI, MT, NV, ND, SD, UT, VT. [src][src] | Business entity required. Title must be held in an LLC or corporation; a personal guarantee is required from all principals. [src][src] | Not published. |
For reference: our programs next to both
Doors Funded programs are arranged by Janover Capital LLC, which is paid when they close. They are shown separately so the comparison above stays between the two lenders.
| Lender | Loan amount | Max LTV (purchase) | Min FICO | Min DSCR | Experience | Source |
|---|---|---|---|---|---|---|
| Doors FundedOur programs, arranged by Janover Capital LLC, which is paid when they close | $75,000 to $2,000,000 | Up to 80% LTV (75% cash-out) | 660 | 1.05x | Not required | terms |
| Angel Oak Mortgage Solutions | $100,000 to $3,000,000 | Up to 85% LTV with 720+ (75% at 680) | 680 | Below 1.00x and no-ratio options | First-time homebuyers not eligible | [1] |
| Asset Based Lending | $85,000 to $2,500,000 | Up to 80% LTV | 660 | 1.00x | Not required (first-time and experienced investors) | [1][2] |
If neither fits
- Angel Oak Mortgage Solutions alternatives
- Asset Based Lending alternatives
- Match your deal to every lender
Sources
- Angel Oak Mortgage Solutions: DSCR (investor cash flow) program. Read October 24, 2026.
- Angel Oak Mortgage Solutions: foreign national program. Read October 24, 2026.
- ABL: Company and loan program overview (updated Sept 30, 2026). Read October 29, 2026.
- ABL: DSCR rental loans. Read October 29, 2026.
- ABL: Fix and flip loans. Read October 29, 2026.
- ABL: New construction loans. Read October 29, 2026.
- ABL: Bridge loans. Read October 29, 2026.
- ABL: Where we lend. Read October 29, 2026.
- ABL: FAQs. Read October 29, 2026.
Have a deal in hand?
Send the numbers. We check them against our programs and tell you plainly whether the deal fits.