MFA 2025-NQM3 Trust ABS-15G

Exhibit 99.06

 

 

 

ASF Addendum - Business Purpose
Run Date - 7/21/2025 11:30:58 AM
SitusAMC Loan ID Customer Loan ID Seller Loan ID Investor Loan Number Seller Name Originator Name Guideline Author Loan Program Loan Program Date Executed NOO Docs in File Lease In Place Flag Rental Purpose Actual In Place Rent Third Party Market Rent Estimate Third Party Rent Source Rental Income Used for Property DSCR Calculation Rental Source for Property DTI Calculation Calculated Monthly Debt Property DTI Investor DTI  Inverse DSCR Net Operating Income Total Debt Service DSCR Total DSCR PITIA Lease End Date Original Lease Term Lease in Place Flag Unit 1 Lease Start Date Unit 1 Lease End Date Unit 1 Original Lease Term Unit 1 Rental Purpose Unit 1 Actual In Place Rent Unit 1 Third Party Market Rent Estimate Unit 1 Lease in Place Flag Unit 2 Lease Start Date Unit 2 Lease End Date Unit 2 Original Lease Term Unit 2 Rental Purpose Unit 2 Actual In Place Rent Unit 2 Third Party Market Rent Estimate Unit 2 Lease in Place Flag Unit 3 Lease Start Date Unit 3 Lease End Date Unit 3 Original Lease Term Unit 3 Rental Purpose Unit 3 Actual In Place Rent Unit 3 Third Party Market Rent Estimate Unit 3 Lease in Place Flag Unit 4 Lease Start Date Unit 4 Lease End Date Unit 4 Original Lease Term Unit 4 Rental Purpose Unit 4 Actual In Place Rent Unit 4 Third Party Market Rent Estimate Unit 4 Lease in Place Flag Unit 5 Lease Start Date Unit 5 Lease End Date Unit 5 Original Lease Term Unit 5 Rental Purpose Unit 5 Actual In Place Rent Unit 5 Third Party Market Rent Estimate Unit 5 Lease in Place Flag Unit 6 Lease Start Date Unit 6 Lease End Date Unit 6 Original Lease Term Unit 6 Rental Purpose Unit 6 Actual In Place Rent Unit 6 Third Party Market Rent Estimate Unit 6 Lease in Place Flag Unit 7 Lease Start Date Unit 7 Lease End Date Unit 7 Original Lease Term Unit 7 Rental Purpose Unit 7 Actual In Place Rent Unit 7 Third Party Market Rent Estimate Unit 7 Lease in Place Flag Unit 8 Lease Start Date Unit 8 Lease End Date Unit 8 Original Lease Term Unit 8 Rental Purpose Unit 8 Actual In Place Rent Unit 8 Third Party Market Rent Estimate Unit 8 Lease in Place Flag Unit 9 Lease Start Date Unit 9 Lease End Date Unit 9 Original Lease Term Unit 9 Rental Purpose Unit 9 Actual In Place Rent Unit 9 Third Party Market Rent Estimate Unit 9 Lease in Place Flag Unit 10 Lease Start Date Unit 10 Lease End Date Unit 10 Original Lease Term Unit 10 Rental Purpose Unit 10 Actual In Place Rent Unit 10 Third Party Market Rent Estimate Unit 10 Rent Loss Insurance Rent Loss Insurance Amount HOA Flag HOA Monthly Premium Amount Monthly Property Tax Monthly Insurance Cost Asset Verification Blanket Mortgage Flag Number of Mortgaged Properties With Lender Number of Properties Foreign National Alternative Credit Documentation Foreign National Borrower 1 Foreign National Borrower 2 Investor Type Number of Years Property Owned Borrower Residency Status Co Borrower Residency Status Qualifying Credit Score Months Bankruptcy 7 11  Months Bankruptcy 13  Months Deed in Lieu Months Short Sale or Pre FC  Prior Mtg Rent Late 30d in 12m  Prior Mtg Rent Late 60d in 12m  Prior Mtg Rent Late 90d in 12m  Prior Mtg Rent Late 30d in 24m  Prior Mtg Rent Late 60d in 24m  Prior Mtg Rent Late 90d in 24m  Section 8 Street Address Borrower 1 Type Borrower 1 Designation Borrower 1 Employment Status Borrower 1 First Name Borrower 1 Last Name Borrower 1 Number of Mortgaged Properties Borrower 1 Citizenship Borrower 1 Documentation Used to Determine Legal Residency Borrower 1 Country Name Borrower 1 Asset Verification Level Borrower 1 Credit Order Date Borrower 1 Experian FICO Borrower 1 Experian FICO Model Used Borrower 1 Equifax FICO Borrower 1 Equifax FICO Model Used Borrower 1 TransUnion FICO Borrower 1 TransUnion FICO Model Used Borrower 2 Type Borrower 2 Designation Borrower 2 Employment Status Borrower 2 First Name Borrower 2 Last Name Borrower 2 Number of Mortgaged Properties Borrower 2 Citizenship Borrower 2 Documentation Used to Determine Legal Residency Borrower 2 Country Name Borrower 2 Asset Verification Level Borrower 2 Credit Order Date Borrower 2 Experian FICO Borrower 2 Experian FICO Model Used Borrower 2 Equifax FICO Borrower 2 Equifax FICO Model Used Borrower 2 TransUnion FICO Borrower 2 TransUnion FICO Model Used Borrower 3 Designation Borrower 3 First Name Borrower 3 Last Name Borrower 3 Number of Mortgaged Properties Borrower 3 Citizenship Borrower 3 Documentation Used to Determine Legal Residency Borrower 3 Country Name Borrower 3 Asset Verification Level Borrower 3 Credit Order Date Borrower 3 Experian FICO Borrower 3 Experian FICO Model Used Borrower 3 Equifax FICO Borrower 3 Equifax FICO Model Used Borrower 3 TransUnion FICO Borrower 3 TransUnion FICO Model Used Borrower 4 Designation Borrower 4 First Name Borrower 4 Last Name Borrower 4 Number of Mortgaged Properties Borrower 4 Citizenship Borrower 4 Documentation Used to Determine Legal Residency Borrower 4 Country Name Borrower 4 Asset Verification Level Borrower 4 Credit Order Date Borrower 4 Experian FICO Borrower 4 Experian FICO Model Used Borrower 4 Equifax FICO Borrower 4 Equifax FICO Model Used Borrower 4 TransUnion FICO Borrower 4 TransUnion FICO Model Used Personal Guarantee Guarantor 1 First Name Guarantor 1 Last Name Guarantor 1 Business Ownership Percent Guarantor 1 Recourse Type Guarantor 1 Number of Mortgaged Properties Guarantor 1 Citizenship Guarantor 1 Documentation Used to Determine Legal Residency Guarantor 1 Country Name Guarantor 1 Asset Verification Level Guarantor 1 Employment Verification Level Guarantor 1 Income Verification Level Guarantor 1 FICO Model Used Guarantor 1 Credit Order Date Guarantor 1 Experian FICO Guarantor 1 Experian FICO Model Used Guarantor 1 Equifax FICO Guarantor 1 Equifax FICO Model Used Guarantor 1 TransUnion FICO Guarantor 1 TransUnion FICO Model Used Guarantor 1 Most Recent Fico Method Guarantor 2 First Name Guarantor 2 Last Name Guarantor 2 Business Ownership Percent Guarantor 2 Recourse Type Guarantor 2 Number of Mortgaged Properties Guarantor 2 Citizenship Guarantor 2 Documentation Used to Determine Legal Residency Guarantor 2 Country Name Guarantor 2 Asset Verification Level Guarantor 2 Employment Verification Level Guarantor 2 Income Verification Level Guarantor 2 FICO Model Used Guarantor 2 Credit Order Date Guarantor 2 Experian FICO Guarantor 2 Experian FICO Model Used Guarantor 2 Equifax FICO Guarantor 2 Equifax FICO Model Used Guarantor 2 TransUnion FICO Guarantor 2 TransUnion FICO Model Used Guarantor 2 Most Recent Fico Method Guarantor 3 First Name Guarantor 3 Last Name Guarantor 3 Business Ownership Percent Guarantor 3 Recourse Type Guarantor 3 Number of Mortgaged Properties Guarantor 3 Citizenship Guarantor 3 Documentation Used to Determine Legal Residency Guarantor 3 Country Name Guarantor 3 Asset Verification Level Guarantor 3 Employment Verification Level Guarantor 3 Income Verification Level Guarantor 3 FICO Model Used Guarantor 3 Credit Order Date Guarantor 3 Experian FICO Guarantor 3 Experian FICO Model Used Guarantor 3 Equifax FICO Guarantor 3 Equifax FICO Model Used Guarantor 3 TransUnion FICO Guarantor 3 TransUnion FICO Model Used Guarantor 3 Most Recent Fico Method Guarantor 4 First Name Guarantor 4 Last Name Guarantor 4 Business Ownership Percent Guarantor 4 Recourse Type Guarantor 4 Number of Mortgaged Properties Guarantor 4 Citizenship Guarantor 4 Documentation Used to Determine Legal Residency Guarantor 4 Country Name Guarantor 4 Asset Verification Level Guarantor 4 Employment Verification Level Guarantor 4 Income Verification Level Guarantor 4 FICO Model Used Guarantor 4 Credit Order Date Guarantor 4 Experian FICO Guarantor 4 Experian FICO Model Used Guarantor 4 Equifax FICO Guarantor 4 Equifax FICO Model Used Guarantor 4 TransUnion FICO Guarantor 4 TransUnion FICO Model Used Guarantor 4 Most Recent Fico Method Authorized Signor 1 First Name Authorized Signor 1 Last Name Authorized Signor 2 First Name Authorized Signor 2 Last Name Member 1 First Name Member 1 Last Name Member 1 Documentation Used to Determine Legal Residency Member 1 Credit Order Date Member 1 Experian FICO Member 1 Experian FICO Model Used Member 1 Equifax FICO Member 1 Equifax FICO Model Used Member 1 TransUnion FICO Member 1 TransUnion FICO Model Used Member 1 Asset Verification Level Member 1 Employment Verification Level Member 1 Income Verification Level Member 2 First Name Member 2 Last Name Member 2 Documentation Used to Determine Legal Residency Member 2 Credit Order Date Member 2 Experian FICO Member 2 Experian FICO Model Used Member 2 Equifax FICO Member 2 Equifax FICO Model Used Member 2 TransUnion FICO Member 2 TransUnion FICO Model Used Member 2 Asset Verification Level Member 2 Employment Verification Level Member 2 Income Verification Level Loan Application Date Sales Contract Date Qualifying Home Value for LTV Number of Units Year Built Total Sq Ft Number of Bedrooms Number of Bathrooms Property Condition Acquisition Cost Renovation Cost Effective Gross Income Turnover Costs Repairs and Maintenance Marketing and Leasing Costs Utilities Other Costs Cap Ex Reserve Investment Property Original As Is LTV As Is Value After Repair Value After Repair Value LTV Loan to Cost Original Sales Price Assignment Fee Loan to Purchase Price SBC Occupancy Investment Property Type Has Dutch Interest Interest Reserves Escrowed Guarantor 1 ITIN Flag Guarantor 2 ITIN Flag Guarantor 3 ITIN Flag Guarantor 4 ITIN Flag
214928285 XXX XXX     XXX       Yes Yes   $XXX.XX $XXX.XX XXX $XXX.XX XXX $XXX.XX   0.000000 0.77     1.30 0.72 $XXX.XX XX/XX/XXXX XX                                                                                                                                             Yes $XXX.XX No   $XXX.XX $XXX.XX Level 4-Stated/Verified as defined   0 1 No No No Experienced Investor   US Citizen US Citizen 767         0 0 0 0 0 0 XXX XXX XXX XXX   XXX XXX XXX US Citizen     Level 4-Stated/Verified as defined XX/XX/XXXX 765   768   767   XXX XXX   XXX XXX XXX US Citizen     Level 4-Stated/Verified as defined XX/XX/XXXX 812   804   791                                                               XXX                                                                                                                                                                                                                             XX/XX/XXXX XX/XX/XXXX $XXXX XX XXXX XXXX XXXX XXXX XXXX $XXX.XX $XXX.XX               62.238% $XXX.XX     0.622%     0.620%                
214928294 XXX XXX     XXX       Yes No   $XXX.XX $XXX.XX XXX $XXX.XX XXX $XXX.XX   0.000000 0.77     1.30 1.3 $XXX.XX XX/XX/XXXX XX                                                                                                                                             Yes $XXX.XX No   $XXX.XX $XXX.XX Level 4-Stated/Verified as defined   0 0 No No   First-Time Investor   US Citizen   696         0 0 0 0 0 0 XXX XXX XXX XXX   XXX XXX XXX US Citizen     Level 4-Stated/Verified as defined XX/XX/XXXX 696   694   707   XXX XXX   XXX XXX XXX                                                                                   XXX                                                                                                                                                                                                                             XX/XX/XXXX XX/XX/XXXX $XXXX XX XXXX XXXX XXXX XXXX XXXX $XXX.XX $XXX.XX               73.333% $XXX.XX     0.733%     0.730%                
214928298 XXX XXX     XXX       Yes Yes   $XXX.XX $XXX.XX XXX $XXX.XX XXX $XXX.XX   0.000000 0.73     1.37 1.37 $XXX.XX XX/XX/XXXX XX                                                                                                                                             Yes $XXX.XX No   $XXX.XX $XXX.XX Level 4-Stated/Verified as defined   0 0 No No   First-Time Investor   US Citizen   703         0 0 0 0 0 0 XXX XXX XXX XXX   XXX XXX XXX US Citizen     Level 4-Stated/Verified as defined XX/XX/XXXX 719   703   701   XXX XXX   XXX XXX XXX                                                                                   XXX                                                                                                                                                                                                                             XX/XX/XXXX XX/XX/XXXX $XXXX XX XXXX XXXX XXXX XXXX XXXX $XXX.XX $XXX.XX               72.000% $XXX.XX     0.646%     0.650%