Company: AOMN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001766478-25-000099
Chunk: 55

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 55
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 the portion of “other assets” which includes our investment in Majority-Owned Affiliates, which is considered a target asset. Additionally, other assets includes $5.2 million of commercial loans and $5.6 million of CMBS.

Residential Mortgage Loans

The following table sets forth additional information on the residential mortgage loans in our portfolio as of September 30, 2025:

Portfolio RangePortfolio Weighted Average($ in thousands)Unpaid principal balance (“UPB”)$2 - $2,991$355Interest rate1.00% - 15.54%7.98%Maturity date8/8/2039 - 7/24/2065March 2055FICO score at loan origination628 - 850757Combined loan-to-value ratio (“CLTV”) at loan origination2.8% - 90.0%69.1%DTI at loan origination1.7% - 50.0%33.2%Percentage of first lien loansN/A83.3%Percentage of loans 90+ days delinquent (based on UPB)N/A0.3%

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 The following table sets forth additional information on the residential mortgage loans in our portfolio as of December 31, 2024:

Portfolio RangePortfolio Weighted Average($ in thousands)Unpaid principal balance (“UPB”)$75 - $2,995$537Interest rate3.87%-11.88%7.4%Maturity date8/8/2039 - 9/26/2064November 2054FICO score at loan origination628-822752CLTV at loan origination31.9%-90.0%71.7%DTI at loan origination1.94%-50.0%31.2%Percentage of first lien loansN/A96.7%Percentage of loans 90+ days delinquent (based on UPB)N/A—%

The following charts illustrate the distribution of the credit scores and interest rates by the number of loans in our residential mortgage loan portfolio as of September 30, 2025:

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The following charts illustrate the distribution of the credit scores and interest rates by the number of loans in our residential mortgage loan portfolio as of December 31, 2024:

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The following charts illustrate additional characteristics of our residential mortgage loans in our portfolio that we owned directly as of September 30, 2025, based on the product profile, borrower profile, and geographic