EFMT DEPOSITOR LLC abs-15g

Exhibit 99.05 - Schedule 3

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Infinity Loan ID Loan Number Redacted ID Loan Number 2 Borrower Last Name Property State Note Date Loan Purpose TPR QM ATR Status Initial Overall Loan Grade Final Overall Loan Grade Exception Category Exception Subcategory Exception Code Final Exception Status Initial Exception Grade Final Exception Grade Exception Exception Detail Follow-up Comments (Exception Response) Exception Conclusion Comments Compensating Factors Curable Status Loan Status Review Date Cleared Date Cured Date Exception Date
xxx xxx 2139967   xxx Florida xxx Cash Out Not Covered/Exempt 3 1 Credit Credit CA1FFTLY0SQ-U0OKEMMW Resolved 3 R * Required Documentation Missing or Incomplete  (Lvl R) Provide updated signed application with change in loan amount from xxx to xxx.

03/06/2026:  Resolved.  Received corrected 1003
03/06/2026:  Resolved.  Received corrected 1003 03/06/2026:  Resolved.  Received corrected 1003     QC Complete XXXX XXXX XXXX XXXX
xxx xxx 2137584   xxx Connecticut xxx Cash Out Not Covered/Exempt 3 1 Credit Doc Issue TGFI1YZLWEQ-U1CA63D2 Resolved 3 R * Application Missing (Lvl R) Missing signed application.

03/09/2026 Resolved: The copy of signed application resolves the condition.
03/09/2026 Resolved: The copy of signed application resolves the condition. 03/09/2026 Resolved: The copy of signed application resolves the condition.     QC Complete XXXX XXXX XXXX XXXX
xxx xxx 2137584   xxx Connecticut xxx Cash Out Not Covered/Exempt 3 1 Credit Doc Issue TGFI1YZLWEQ-V7TJ126N Resolved 3 R * Amount of title insurance is less than mortgage amount (Lvl R) Title insurance amount xxx is not sufficient to cover loan amount xxx. Provide an updated title report with sufficient title policy amount.

03/04/2026;  received updated title with policy amount of xxx
03/04/2026;  received updated title with policy amount of xxx 03/04/2026;  received updated title with policy amount of xxx     QC Complete XXXX XXXX XXXX XXXX
xxx xxx 2144646   xxx North Carolina xxx Cash Out Not Covered/Exempt 3 1 Credit   BXGWA5VFNUX-QSFFZZOT Resolved 3 R * Hazard Insurance Coverage less than Loan Amount (Lvl R) Missing Master policy and condo questionnaire.

03/24/2026:  Resolved:  Received copy of questionnaire and master policy
03/24/2026:  Resolved:  Received copy of questionnaire 03/24/2026:  Resolved:  Received copy of questionnaire     QC Complete XXXX XXXX XXXX XXXX