EFMT DEPOSITOR LLC ABS-15G

Exhibit 99.17

 

Conditions Report 2.0
         
Loans in Report: 1
Loans with Conditions: 0

 

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
1903386 XXXXXX MI Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves are $5,534.55, or 4.63 months. Reserves not required.

CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Per WVOE borrower has been on job since XXX.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 44.43% is below guideline maximum of 55%.