MFA 2025-NQM3 Trust ABS-15G

Exhibit 99.37

 

 

Business Purpose Data
Run Date - 07/21/2025 2:02:09 PM
Evolve Loan ID Customer Loan ID Seller Loan ID Seller Name Originator Name Guideline Author Loan Program Loan Program Date Documentation Type Executed NOO Docs in File Lease In Place Flag Actual In Place Rent Third Party Market Rent Estimate Third Party Rent Source Rental Source for Property DTI Calculation Short Term Rental STR Source STR Amount Property DTI Investor DTI  Value Used for DSCR Calc DSCR Total DSCR PITIA Lease End Date Original Lease Term Is Lease Month To Month Rent Loss Insurance Rent Loss Insurance Amount Actual Loss 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 Months Reserves 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 First Name Borrower 1 Last Name Borrower 2 Type Borrower 2 Designation Borrower 2 First Name Borrower 2 Last Name Borrower 3 Designation Borrower 3 First Name Borrower 3 Last Name Borrower 4 Designation Borrower 4 First Name Borrower 4 Last Name Personal Guarantee Personal Guaranty Recourse Level  Guarantor 1 First Name Guarantor 1 Last Name Guarantor 1 Number of Mortgaged Properties Guarantor 1 Citizenship Guarantor 1 Asset Verification Level Guarantor 1 Experian FICO Guarantor 1 Equifax FICO Guarantor 1 Trans Union FICO Guarantor 2 First Name Guarantor 2 Last Name Guarantor 2 Number of Mortgaged Properties Guarantor 2 Citizenship Guarantor 2 Asset Verification Level Guarantor 2 Experian FICO Guarantor 2 Equifax FICO Guarantor 2 Trans Union FICO Borrower 1 Employment Status Borrower 2 Employment Status 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 Borrower Entity Type Name of Borrowing Entity Default Rate Clause Default Rate EIN Number
1630853 XXXXX XXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $5,000.00 FNMA 1007/216 FNMA 1007/216 No   0     5000 1.25 1.25 $3,987.95       Yes $35,000.00   YES $555.00 $733.76 $38.00 Stated, Verified NO 1 1   Yes No Inexperienced 34 5 Non Permanent Resident Alien     0 0                   XXXXXXXXX                             Yes Full XXXX XXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20241205 XXXX $XXXX 1 XXXX XXXX 0 1 C2 $XXXX $0.00               Limited Liability Corp XXXX FALSE    
1631987 XXXXX XXXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes Yes $4,800.00 $4,800.00 FNMA 1007/216 Leases No   0     4800 1.86 1.86 $2,585.08 20250601 24 No Yes $0.00 Yes NO $0.00 $1,157.38 $268.00 Stated, Verified NO 1 6   No No Experienced 60 3 US Citizen   779 0 0     0 0 0 0 0 0   XXXXXXX                             Yes Full XXXX XXXXX   US Citizen Stated, Verified 781 763 779                 Not Required   20241227   $XXXX 4 XXXX XXXX 5 4 C4 $0.00 $0.00               Limited Liability Corp XXXX FALSE   XXXX
1633857 XXXXX XXXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $1,800.00 FNMA 1007/216 FNMA 1007/216 No   0     1800 1.59 1.59 $1,135.25       Yes $15,000.00   NO $0.00 $254.33 $112.50 Stated, Verified NO 1 2   Yes Yes Inexperienced 4 2 Non Permanent Resident Alien Non Permanent Resident Alien   0 0                   XXXXXXXXX                             Yes Full XXXX XXXX   Non Permanent Resident Alien Stated, Verified       XXXXX XXXXX   Non Permanent Resident Alien Stated, Verified       Not Required Not Required 20241215 XXXX $XXXX 1 XXXX XXXX 3 1 C3 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1630916 XXXXX XXXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes Yes $2,525.00 $3,500.00 FNMA 1007/216 Leases No   0     2475 1.22 1.22 $2,035.70 20250228 12 No Yes $57,024.00   NO $0.00 $563.17 $239.67 Stated, Verified NO 1 1   Yes Yes Inexperienced 45 9 Non Permanent Resident Alien Non Permanent Resident Alien   0 0                   XXXXXXX                             Yes Full XXXX XXXXX   Non Permanent Resident Alien Stated, Verified       XXXX XXXXX   Non Permanent Resident Alien Stated, Verified       Not Required Not Required 20241212 XXXX $XXXX 4 XXXX XXXX 5 4 C3 $XXXX $0.00               Partnership XXXX FALSE   XXXX
1633855 XXXXX XXXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $2,450.00 FNMA 1007/216 FNMA 1007/216 No   0     2450 1.01 1.01 $2,417.10       Yes $39,300.00   YES $10.00 $634.50 $195.83 Stated, Verified NO 1 1   Yes No Inexperienced 3603 2 Non Permanent Resident Alien   700 0 0                   XXXXXX                             Yes Full XXXX XXXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20240815 XXXX $XXXX 1 XXXX XXXX 4 2.1 C3 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1629301 XXXXX XXXXX   XXXX XXXX AC30YrFx Citadel Non Conforming 30 XXXX Debt Service Coverage Yes Yes $4,800.00 $4,800.00 FNMA 1007/216 Leases No   0     3835 1.4 1.4 $2,747.24 20241130 12   Yes $0.00 Yes NO $0.00 $506.66 $247.33 Stated, Verified NO 1 2   Yes Yes Experienced 48 1 Non Permanent Resident Alien Non Permanent Resident Alien   0 0     0 0 0 0 0 0   XXXXXX                             Yes Full XXX XXXXX   Non Permanent Resident Alien Stated, Verified       XXX XXXXX   Non Permanent Resident Alien Stated, Verified       Not Required Not Required 20241114   $XXXX 4 XXXX XXXX 8 4.4 C3 $0.00 $0.00               Limited Liability Corp XXXX FALSE   XXXX
1630012 XXXXX XXXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes Yes $17,000.00 $17,000.00 FNMA 1007/216 Leases No   0     17000 1.01 1.01 $16,857.33 20251031 12 No Yes $0.00 Yes NO $0.00 $3,662.19 $259.67 Stated, Verified NO 1 4   No No Experienced 5 47 US Citizen   797 0 0     0 0 0 0 0 0   XXXX                             Yes Full XXXX XXXXX   US Citizen Stated, Verified 804 797 782                 Not Required   20241022   $XXXX 1 XXXX XXXX 5 5.1 C2 $0.00 $0.00               Limited Liability Corp XXXX FALSE   XXXX
1367561 XXXXX XXXXX   XXXX XXXX Spectrum No Ratio 30 Yr Fixed IO XXXX Debt Service Coverage Yes No $0.00 $9,000.00 FNMA 1007/216 FNMA 1007/216 No   0     9000 0.85 0.85 $10,589.08       Yes $94,400.00   NO $0.00 $4,180.50 $1,096.08 Stated, Verified NO 1 3   No No Experienced 261 5 US Citizen   761 0 0     0 0 0 0 0 0   XXXXXX Primary Primary XXXXX XXXX Co-Borrower Co-Borrower     Co-Borrower     Co-Borrower     No             0 0 0           0 0 0 Not Required   20211201   $XXXX 1 XXXX XXXX 3 2.1 C3 $0.00 $0.00               Individual(s) XXXX FALSE    
1631934 XXXXX XXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes No $0.00 $1,850.00 FNMA 1007/216 FNMA 1007/216 No   0     1850 1.57 1.57 $1,174.64       Yes $19,800.00   NO $0.00 $116.32 $138.34 Stated, Verified NO 1 6   No No Experienced 24 1 US Citizen US Citizen 747 0 0     0 0 0 0 0 0   XXXXXX                             No   XXXXX XXXXX   US Citizen Stated, Verified 736 749 747 XXXX XXXXX   US Citizen Stated, Verified 661 666 680 Not Required Not Required 20240906   $XXXX 1 XXXX XXXX 3 1 C4 $0.00 $0.00               Corporation XXXX FALSE   XXXX
1630336 XXXX XXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes No $0.00 $6,600.00 FNMA 1007/216 FNMA 1007/216 No   0     6600 1.03 1.03 $6,410.76       Yes $0.00 Yes NO $0.00 $1,196.96 $169.08 Stated, Verified NO 1 4   No No Experienced 30 5.5 US Citizen   690 0 0     0 0 0 1 0 0   XXXXXXXX                             Yes Full XXXXX XXXX   US Citizen Stated, Verified 688 690 699                 Not Required   20241112   $XXXX 1 XXXX XXXX 6 3.1 C3 $0.00 $0.00               Limited Liability Corp XXXX FALSE    
1631013 XXXX XXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $2,100.00 FNMA 1007/216 FNMA 1007/216 No   0     2100 1.28 1.28 $1,639.92       Yes $23,500.00   YES $183.41 $374.78 $108.21 Stated, Verified NO 2 3   Yes Yes Inexperienced 40 3.3 Non Permanent Resident Alien Non Permanent Resident Alien 700 0 0     0 0 0 0 0 0   XXXXXXX                             Yes Full XXXXX XXXXX   Non Permanent Resident Alien Stated, Verified       XXXXX XXXXX   Non Permanent Resident Alien Stated, Verified       Not Required Not Required 20241127 XXXX $XXXX 1 XXXX XXXX 3 2.1 C1 $XXXX $0.00               Limited Liability Corp XXXX FALSE    
1631635 XXXX XXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $2,100.00 FNMA 1007/216 FNMA 1007/216 No   0     2100 1.26 1.26 $1,664.43       Yes $23,500.00   YES $183.41 $374.78 $108.21 Stated, Verified NO 1 1   Yes Yes Inexperienced 39 7.3 Non Permanent Resident Alien Non Permanent Resident Alien 700 0 0                   XXXXXXX                             Yes Full XXXXX XXXXX   Non Permanent Resident Alien Stated, Verified       XXXX XXXX   Non Permanent Resident Alien Stated, Verified       Not Required Not Required 20241120 XXXX $XXXX 1 XXXX XXXX 3 2.1 C1 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1630648 XXXX XXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $2,860.00 FNMA 1007/216 FNMA 1007/216 No   0     2860 1.37 1.37 $2,086.34       Yes $22,700.00   YES $250.00 $414.82 $84.42 Stated, Verified NO 1 1   Yes No Inexperienced 0 2 Non Permanent Resident Alien     0 0                   XXXXXXX                             Yes Full XXXXX XXXXXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20241126 XXXX $XXXX 1 XXXX XXXX 3 2.1 C1 $XXXX $0.00               Limited Liability Corp XXXX FALSE    
1633207 XXXX XXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes No $0.00 $2,500.00 FNMA 1007/216 FNMA 1007/216 No   0     2500 1.08 1.08 $2,307.65       Yes $30,300.00   YES $65.00 $497.12 $181.74 Stated, Verified NO 1 2   Yes No Inexperienced 573 2 Non Permanent Resident Alien   700 0 0                   XXXXXXX                             Yes Full XXXX XXXXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20250110 XXXX $XXXX 1 XXXX XXXX 3 2.1 C1 $XXXX $0.00               Limited Liability Corp XXXX FALSE    
1634441 XXXX XXXX   XXXX XXXX DSCR- Foreign National XXXX Debt Service Coverage Yes No $0.00 $0.00   FNMA 1007/216 No 1007/216 5200     5200 1.75 1.75 $2,968.33       Yes $39,000.00   YES $764.00 $614.83 $136.41 Stated, Verified NO 1 2   Yes No Inexperienced 26 20 Non Permanent Resident Alien   700 0 0                   XXXXXX                             Yes Full XXXX XXXXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20250123 XXXX $XXXX 1 XXXX XXXX 5 4.1 C2 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1634987 XXXX XXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes No $0.00 $3,500.00 FNMA 1007/216 Leases No   0     3500 0.9 0.9 $3,884.53       Yes $45,000.00   YES $165.75 $741.13 $124.05 Stated, Verified NO 1 1   Yes No Inexperienced 47 4.5 Non Permanent Resident Alien     0 0                   XXXXXXXX                             Yes Full XXXXX XXXXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20250130 XXXX $XXXX 1 XXXX XXXX 4 3 C1 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1638961 XXXX XXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes No $0.00 $0.00 FNMA 1007/216 FNMA 1007/216 No 1007/216 3000     3000 1.16 1.16 $2,590.24       Yes $32,200.00   YES $136.67 $569.59 $107.48 Stated, Verified NO 1 1   Yes No Inexperienced 1 5 Non Permanent Resident Alien     0 0                   XXXXXXXXX                             Yes Full XXXXX XXXXX   Non Permanent Resident Alien Stated, Verified                       Not Required   20250226 XXXX $XXXX 1 XXXX XXXX 3 2.1 C1 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1631089 XXXXX XXXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes No $0.00 $4,200.00 FNMA 1007/216 FNMA 1007/216 No   0     4200 0.87 0.87 $4,847.06       Yes $0.00 Yes NO $0.00 $942.33 $132.50 Stated, Verified NO 1 2   No No Experienced 4 0.2 US Citizen   685 0 0     0 0 0 0 0 0   XXXXXXX                             Yes Full XXXXX XXXX   US Citizen Stated, Verified 685 686 681                 Not Required   20241216 XXXX $XXXX 1 XXXX XXXX 4 3.1 C3 $XXXX $0.00               Limited Liability Corp XXXX FALSE   XXXX
1628418 XXXX XXXX   XXXX XXXX DSCR- Investor NOO XXXX Debt Service Coverage Yes Yes $2,450.00 $2,200.00 FNMA 1007/216 FNMA 1007/216 No   0     2200 1.09 1.09 $2,020.19 20251031 12 No Yes $13,000.00   YES $350.00 $215.93 $121.73 Stated, Verified NO 1 3   No No Experienced 85 2 US Citizen   730 0 0     0 0 0 0 0 0   XXXXXXXXXX                             Yes Full XXX XXXXX   US Citizen Stated, Verified 742 730 727                 Not Required   20240814   $XXXX 1 XXXX XXXX 2 1.1 C3 $0.00 $0.00               Limited Liability Corp XXXX FALSE    
1632832 XXXXX XXXXX   XXXX XXXX AC30YrFx Citadel Non Conforming 30 XXXX Debt Service Coverage Yes Yes $2,800.00 $2,400.00 FNMA 1007/216 FNMA 1007/216 No   0     2400 1.02 1.02 $2,358.14 20240801 12 Yes Yes $0.00 Yes NO $0.00 $677.30 $217.17 Stated, Verified NO 1 1   No No Experienced 13 2 US Citizen   758 0 0                   XXXXX                             Yes Full XXXXX XXXXX   US Citizen Stated, Verified 710 758 775                 Not Required Not Required 20250115   $XXXX 1 XXXX XXXX 3 2 C3 $0.00 $0.00               Limited Liability Corp XXXX FALSE   XXXX