Angel Oak vs. Deephaven: Non-QM Comparison
Angel Oak and Deephaven both have current public material about Non-QM lending. Angel Oak's reviewed pages cover Bank Statement, DSCR, and short-term-rental education. Deephaven's reviewed public releases document a bank-statement review option for a HELOC and DSCR business-purpose operations. These sources support questions, not a file-level lender decision.
Published lender information
Angel Oak Mortgage Solutions
Identity source: Angel Oak Mortgage Solutions public release · published or effective · accessed
- Official website
- https://angeloakms.com/Source: Angel Oak Mortgage Solutions public release
- Loan programs
- Bank StatementSource: Angel Oak Mortgage Solutions public education
- Application channels
- Wholesale, CorrespondentSource: Angel Oak Mortgage Solutions public release
- Public features
- Not publicly confirmed
- Government identifiers
- Angel Oak Mortgage Solutions LLC | NMLS 1160240Source: Angel Oak Mortgage Solutions public release
- Lender education
- DSCR, Short-term rentalSource: Angel Oak Mortgage Solutions public education
Deephaven Mortgage
Identity source: Deephaven Mortgage LLC public release via Business Wire · published or effective · accessed
- Official website
- https://deephavenmortgage.com/Source: Deephaven Mortgage LLC public release via Business Wire
- Loan programs
- Equity Advantage HELOC with a bank-statement review optionSource: Deephaven Mortgage LLC public release via Business Wire
- Application channels
- Mortgage brokers and loan officers, Correspondent loan purchasesSource: Deephaven Mortgage LLC public release via Business Wire
- Public features
- DSCR business-purpose lending operationsSource: Lightning Docs public partner release via PR Newswire
- Government identifiers
- Not publicly confirmed
- Lender education
- Not publicly confirmed
Sourced comparison notes
Angel Oak identifies the public entity as Angel Oak Mortgage Solutions LLC, lists NMLS 1160240, and describes wholesale and correspondent Non-QM channels.
- Publisher and source
- Angel Oak Mortgage Solutions public release · https://angeloakms.com/angel-oak-mortgage-solutions-caps-strong-2025-defined-by-technological-innovation-and-strategic-growth/
- Published or effective
- Accessed
- Next review
Angel Oak publicly describes Bank Statement education for self-employed borrowers.
- Publisher and source
- Angel Oak Mortgage Solutions public education · https://angeloakms.com/non-qm-webinar-understanding-bank-statement-loans-in-todays-non-qm-market/
- Published or effective
- Accessed
- Next review
Angel Oak's public webinar index includes DSCR and short-term-rental education.
- Publisher and source
- Angel Oak Mortgage Solutions public education · https://angeloakms.com/insights/?category_name=webinars
- Published or effective
- Accessed
- Next review
A May 2026 Deephaven release identifies Deephaven Mortgage LLC as a non-QM lender serving mortgage brokers and loan officers and buying loans from correspondents.
- Publisher and source
- Deephaven Mortgage LLC public release via Business Wire · https://www.businesswire.com/news/home/20260505176567/en/Deephaven-Mortgage-Rolls-Out-Equity-Advantage-HELOC-Enhancements
- Published or effective
- Accessed
- Next review
The same Deephaven release describes an Equity Advantage HELOC with a manual personal or bank-statement review option.
- Publisher and source
- Deephaven Mortgage LLC public release via Business Wire · https://www.businesswire.com/news/home/20260505176567/en/Deephaven-Mortgage-Rolls-Out-Equity-Advantage-HELOC-Enhancements
- Published or effective
- Accessed
- Next review
A May 2026 Lightning Docs partner release documents Deephaven's DSCR business-purpose lending operations and quotes Deephaven's general counsel about DSCR documentation.
- Published or effective
- Accessed
- Next review
Frequently asked questions
- What is the main public difference between Angel Oak and Deephaven?
- Angel Oak's reviewed pages emphasize Bank Statement education plus DSCR and short-term-rental topics. Deephaven's reviewed releases document a bank-statement review option for an Equity Advantage HELOC and DSCR business-purpose lending operations. These are broad, dated public descriptions rather than current qualification terms or a file-level lender decision.
- Do both lenders publish Bank Statement and DSCR information?
- Yes. Angel Oak's public pages describe Bank Statement education and DSCR material. Deephaven's current public release describes a bank-statement review option for its HELOC, while a separate current partner release documents DSCR operations. These are source-based categories, not current qualification terms or a decision on any file.
- Does this comparison predict whether a loan will be approved?
- No. This page summarizes dated public lender material only. A loan decision depends on the complete borrower and property file, the selected program, and the lender's current guidelines. A licensed loan officer must review the full scenario.
- How should a borrower use this page?
- Use it to identify which public categories deserve a closer look and to prepare questions for a licensed loan officer. Do not treat a missing public detail as proof that a lender does not offer a feature.
- Can CMS discuss options beyond these two lenders?
- Yes. This page is a limited editorial comparison, not the full set of options that may be available. CMS can review the scenario and discuss other relevant loan categories or lenders when appropriate.