Angel Oak Mortgage Trust I, LLC ABS-15G
Exhibit 99.20
| Conditions Report XXX | ||||
| Loans in Report: | XXX | |||
| Loans with Conditions: | XXX | |||
| Loan Number | Original Principal Balance | State | Initial Lender ATR/QM Status | Loan Level ATR/QM Status | Initial Securitization Overall Loan Grade | Final Securitization Overall Loan Grade | Initial Securitization Credit Loan Grade | Final Securitization Credit Loan Grade | Initial Securitization Property Valuations Loan Grade | Final Securitization Property Valuations Loan Grade | Initial Securitization Compliance Loan Grade | Final Securitization Compliance Loan Grade | Initial S&P Overall Loan Grade | Final S&P Overall Loan Grade | Initial S&P Credit Loan Grade | Final S&P Credit Loan Grade | Initial S&P Property Valuations Loan Grade | Final S&P Property Valuations Loan Grade | Initial S&P Compliance Loan Grade | Final S&P Compliance Loan Grade | Condition Category | ConditionSub Category | Condition Status | Initial Securitization Condition Grade | Final Securitization Condition Grade | Initial S&P Condition Grade | Final S&P Condition Grade | Condition Code | Condition Description | Condition Material Indicator | Initial Comments | Client/Seller Response Comments | Conclusion Comments | TRID Error Type | Cure Method | Compensating Factors |
| 2026040953 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | XXX: Credit score exceeds guidelines - XXX Comments: Guidelines require min score of XXX. Mid fico score XXX. XXX: Verified cash reserves exceed guidelines - XXX Comments: Guidelines specify reserves required for XXX months ($XXX). Total reserves verified in the amount of $XXX (XXX months). | |||||||||||||||
| 2026040940 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | XXX: Verified cash reserves exceed guidelines - XXX Comments: XXX months reserves exceeds minimum reserve requirement by more than XXX months XXX: Positive mortgage payment history - XXX Comments: Multiple mortgages listed on the credit report with XXX lates listed on the credit report. | |||||||||||||||
| 2026040722 | XXX | XXX | (No Data) | ATR/QM: Exempt | C | B | C | A | C | B | N/A | N/A | C | B | C | A | C | B | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | XXX | Loan documents do not meet guideline requirements | No | The seller must supply their DSCR calculated ratio/score results per the guidelines, but this was not located in the file. | (No Data) | Document provided to cure. | (No Data) | Not Applicable | XXX: Minimal use of credit - XXX Comments: Credit Utilization is .XXX%. |
| 2026040722 | XXX | XXX | (No Data) | ATR/QM: Exempt | C | B | C | A | C | B | N/A | N/A | C | B | C | A | C | B | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | XXX | XXX does not meet guidelines | No | The personal guaranty agreement was not located in the file. | (No Data) | Received personal guaranty to cure. | (No Data) | Not Applicable | XXX: Minimal use of credit - XXX Comments: Credit Utilization is .XXX%. |
| 2026040722 | XXX | XXX | (No Data) | ATR/QM: Exempt | C | B | C | A | C | B | N/A | N/A | C | B | C | A | C | B | N/A | N/A | Property Valuations | Appraisal | Waived | C | B | C | B | XXX | Appraisal Deficiency | No | The guidelines indicate all appraisals must be ordered through an XXX. If they are not an XXX compliant appraisal can be reviewed on an exception basis. The appraisal is\n file shows "XXX", but there was not an exception appraisal in file. | (No Data) | Received exception request and approval | (No Data) | Not Applicable | XXX: Minimal use of credit - XXX Comments: Credit Utilization is .XXX%. |
| 2026040834 | XXX | XXX | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Property | Satisfied | D | A | D | A | XXX | Legal Nonconforming w/out Rebuild Letter | No | Subject is zoned Legal Nonconforming (Grandfathered Use). Missing appraiser comment ok to rebuild if destroyed. | Received updated appraisal ok to rebuild | Satisfied. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines - XXX Comments: XXX months of cash reserves. |