EX-99.30 31 ex99-30.htm INFINITY LOAN LEVEL EXCEPTION REPORT
 

Angel Oak Mortgage Trust I, LLC ABS-15G

Exhibit 99.30

 

Infinity Loan ID Loan Number Loan Number 2 Borrower Name State QM/ATR Status Initial Overall Loan Grade Final Overall Grade Final Credit Grade Final Property Grade Final Compliance Grade Material (level 3) TRID exception? Material (level 3) Non-TRID exception? Active Material Exceptions Active Non Material Exceptions Satisfied Exceptions Waived Exceptions Compensating Factors Property Type Note Date LTV CLTV Occupancy Purpose Credit Score Brwr 1 Yrs in Property Brwr 1 Occupation Brwr 1 Yrs on Job Total Monthly Income Mortgage History Cash Out Amount DTI FTHB Flag Loan Doc Type Loan Status Review Date
XXX 2024130608   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130606   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130599   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130596   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130580   XXX XXX Not Covered/Exempt 2 2 2 1 1 No No       *** (WAIVED) Loan does not conform to program guidelines - EV W
COMMENT:   Fair rental value coverage on policy is $XXX because it is capped at  XXX% of dwelling coverage ($XXX) as per the insurer. Requirement is XXX times rent used to calculate DSCR ($XXX) which equals $XXX.

A copy of an exception approval letter is available in the loan file.
DSCR: XXX DSCR exceeds the guideline requirement of XXX.

FICO: XXX FICO exceeds the guideline requirement of XXX.

Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.

XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130584   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130590   XXX XXX Not Covered/Exempt 3 1 1 1 1 No No     *** (CURED) Mortgage missing / unexecuted - XXX
COMMENT:   Provide mortgage document as it is missing in the package.


Resolved XXX - Received Mortgage document, condition Resolved

*** (CURED) Missing Required Disclosures - XXX
COMMENT:   Missing Final Closing Settlement Statement from the loan package.


Resolved XXX - Received  Final XXX Document, condition resolved.

*** (CURED) Note is missing or unexecuted - EV R
COMMENT:   Provide note document as it is  missing in the package.


Resolved XXX - Received Note document, condition Resolved

*** (CURED) Required Documentation Missing or Incomplete  - XXX
COMMENT:   Missing signed loan docs package in the loan file.


Resolved XXX - Received Signed Doc package for all closing doc, condition resolved.
    XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130579   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX         Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130595   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130597   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX     Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130591   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130604   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130588   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX         Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130600   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130586   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130594   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130585   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130582   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX         Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130598   XXX XXX Not Covered/Exempt 3 1 1 1 1 No No     *** (CURED) Required Documentation Missing or Incomplete  - XXX
COMMENT:   Please provide updated Final loan docs, XXX Internal approval and DSCR & Reserves Calc with change in address from XXX XXX to XXX XXX.

XXX: The copy of final docs resolved. Still missing XXX Internal approval and DSCR & Reserves Calc with change in address from XXX to XXX XXX.


Resolved XXX - Received XXX internal approval & DSCR & Reserves Calc with change in address from XXX to XXX, Condition resolved.
    XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130607   XXX XXX Not Covered/Exempt 2 2 2 1 1 No No       *** (WAIVED) Loan does not conform to program guidelines - EV W
COMMENT:   Gross living area XXX square foot does not meet the minimum requirement of XXX square foot.

A copy of an exception approval letter is available in the loan file.
FICO: XXX FICO exceeds the guideline requirement of XXX.

DSCR: XXX DSCR exceeds the guideline requirement of XXX.

Reserves: The XXX months of available reserves are more than the guideline requirement of XXX months.
XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130581   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130592   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130602   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130583   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130593   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130587   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130601   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130603   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
XXX     No Documentation QC Complete XXX
XXX 2024130578   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130605   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX   XXX XXX   Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
    No No Documentation QC Complete XXX
XXX 2024130589   XXX XXX Not Covered/Exempt 1 1 1 1 1 No No           XXX XXX XXX XXX XXX XXX XXX         Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
      No Documentation QC Complete XXX
XXX 2024130017   XXX XXX Non-QM/Compliant 4 2 1 1 2 No No     *** (CURED) Federal Higher Price Mortgage Loan - XXX
COMMENT:   12 CFR § 1026.35(a)(1) Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged  XXX% Allowed XXX% Over by +XXX%

This loan is compliant with regulation XXX.

*** (CURED) Income documentation does not meet guidelines - XXX
COMMENT:   Provide additional documentation to verify monthly income as stated on 1003 and 1008. Provide bank statement for XXX #XXX the month XXX and XXX (XXX - XXX & XXX - XXX).

Received bank statement XXX for the month of XXX, XXX and XXX

*** (CURED) State High Cost or Predatory Lending Law Failure - XXX
COMMENT:   This loan failed the high-cost mortgage points and fees threshold test due breach in point and fee threshold

Received refund issued to borrower for increase in fee along with PC CD
    XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX Mos Reviewed:XXX
Times XXX
Times XXX
Times XXX
Currently Delinquent? :No
Total Delinquent:
Mortgage/Rent Dlq Last XXX Mos:XXX
Max Days Dlq Last XXX Mos:XXX
Verification Type:Credit Report
  XXX   Alternative QC Complete XXX