EFMT 2025-NQM3 ABS 15G

 

Exhibit 99.02

 

Rating Agency Grades

Run Date - 7/14/2025 3:09:47 PM 

LOAN INFORMATION INITIAL CREDIT LOAN GRADES INITIAL COMPLIANCE LOAN GRADES INITIAL PROPERTY LOAN GRADES INITIAL OVERALL LOAN GRADES FINAL CREDIT LOAN GRADES FINAL COMPLIANCE LOAN GRADES FINAL PROPERTY LOAN GRADES FINAL OVERALL LOAN GRADES
AMC Loan ID Customer Loan ID Seller Loan ID Investor Loan Number Deal Number Original Loan Amount DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar DBRS Fitch Kroll Moody's S&P Morningstar
xxx 1611570 xxx       C C C C C   C C C C C   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2020083 xxx       C C C C C   A A A A A   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2020085 xxx       A A A A A   C C C C C   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2020093 xxx       B B B B B   A A A A A   A A A A A   B B B B B   B B B B B   A A A A A   A A A A A   B B B B B  
xxx 2020082 xxx       B B B B B   A A A A A   A A A A A   B B B B B   B B B B B   A A A A A   A A A A A   B B B B B  
xxx 2020089 xxx       A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036790 xxx       C C C C C   A A A A A   A A A A A   C C C C C   B B B B B   A A A A A   A A A A A   B B B B B  
xxx 2026606 xxx       A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2026602 xxx       A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036788 xxx       C C C C C   C C C C C   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036784 xxx       A A A A A   B B B B B   A A A A A   B B B B B   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2026598 xxx       B B B B B   A A A A A   A A A A A   B B B B B   B B B B B   A A A A A   A A A A A   B B B B B  
xxx 2026601 xxx       A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036798 xxx       C C C C C   A A A A A   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2026597 xxx       D D D D D   B B B B B   A A A A A   D D D D D   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036795 xxx       C C C C C   B B B B B   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036791 xxx       D D D D D   C C C C C   A A A A A   D D D D D   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036792 xxx       A A A A A   C C C C C   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2036787 xxx       B B B B B   C C C C C   A A A A A   C C C C C   B B B B B   B B B B B   A A A A A   B B B B B  
xxx 2036796 xxx       A A A A A   C C C C C   A A A A A   C C C C C   A A A A A   A A A A A   A A A A A   A A A A A  
xxx 2026599 xxx       D D D D D               A A A A A   D D D D D   B B B B B               A A A A A   B B B B B  
xxx 2026604 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2036786 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2026610 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2026613 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2026605 xxx       C C C C C               A A A A A   C C C C C   A A A A A               A A A A A   A A A A A  
xxx 2026608 xxx       A A A A A               C C C C C   C C C C C   A A A A A               A A A A A   A A A A A  
xxx 2026600 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2026603 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2026609 xxx       C C C C C               A A A A A   C C C C C   A A A A A               A A A A A   A A A A A  
xxx 2026611 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2026607 xxx       C C C C C               D D D D D   D D D D D   A A A A A               A A A A A   A A A A A  
xxx 2026612 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2036799 xxx       A A A A A               A A A A A   A A A A A   A A A A A               A A A A A   A A A A A  
xxx 2036783 xxx       C C C C C               A A A A A   C C C C C   B B B B B               A A A A A   B B B B B