EXHIBIT 99.3
AMC Exception Grades
Exception Grades
Run Date - 5/26/2026 12:47:51 PM
| Deal ID | SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| 3 | [Redacted] | [Redacted] | [Redacted] | 36230992 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved at origination for the use of rental income from [redacted] ADU's when guidelines max is [redacted]. Comp factors [redacted] FICO, [redacted] LTV, DSCR [redacted]. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-06): Client elects to waive with compensating factors. |
04/06/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||
| 5 | [Redacted] | [Redacted] | [Redacted] | 36236358 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed | The Security instrument does not concur with the vesting on title. The title commitment reflects vesting as [redacted] , however the Security Instrument shows [redacted] | Reviewer Comment (2026-05-14): Correction Affidavit [redacted] was provided Buyer Comment (2026-05-11): Corrected Affidavit submitted for review. Reviewer Comment (2026-04-24): Operating agreement, guarantee agreement, Security instrument all are showing business entity name is [redacted], Please provide corrected document, Exception remains. Buyer Comment (2026-04-23): Submitted Correction Affidavit and Title Endorsement to [redacted] for review. Reviewer Comment (2026-04-08): Please provide final title policy to verify the title vesting name [redacted]. Exception remains. Buyer Comment (2026-04-07): Submitted Title email regarding final policy will match vesting |
05/14/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 10 | [Redacted] | [Redacted] | [Redacted] | 36234256 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Borrower executed closing statement is missing in the file. | Reviewer Comment (2026-04-08): Initial package had final closing statement. Exception cleared. Buyer Comment (2026-04-07): Final Settlement Statement was included in the initial shipping package and is located in your portal under doc ID [redacted]. |
04/08/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 13 | [Redacted] | [Redacted] | [Redacted] | 36258701 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Does not have [redacted] months current STR experience. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Borrower's Own Funds Percent: [redacted]% Borrower's Own Funds Amount: $[redacted] |
Aggregator,SitusAMC Originator,SitusAMC SitusAMC |
Reviewer Comment (2026-04-14): Client elects to waive with compensating factors. Buyer Comment (2026-04-09): The approved credit exception in file is [redacted] parts, review Doc ID [redacted] the first exception is "Does not have [redacted] months current STR experience" and the [redacted] exception which you have documented and waived "STR unpublished guides DSCR [redacted]vs. [redacted]". |
04/14/2026 | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| 13 | [Redacted] | [Redacted] | [Redacted] | 36259001 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Lender Exception approving DSCR of [redacted]instead of Guidelines required [redacted]for STR Property purchases. Comp factors include reserves >[redacted] months minimum, >[redacted]year as real estate investor,[redacted], multiple paid as agreed mortgages and over [redacted] in reserves with extensive STR experience previously. | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Borrower's Own Funds Percent: [redacted]% Borrower's Own Funds Amount: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-08): Client elects to downgrade and waive. |
04/08/2026 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| 14 | [Redacted] | [Redacted] | [Redacted] | 36258853 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Bank Statement/Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. | Reviewer Comment (2026-04-10): The borrower used funds from a HELOC bank account to cover the closing costs. Exception Cleared. Buyer Comment (2026-04-09): Final SS under doc ID [redacted] reflects borrower funds needed of $[redacted] which was paid via bank check under doc ID [redacted] from the borrower's primary home [redacted] HELOC under doc ID [redacted]. Assets under doc ID [redacted]and [redacted]remain for adequate reserves. |
04/10/2026 | 1 | C | A | C | A | C | A | C | A | C | A | MS | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 14 | [Redacted] | [Redacted] | [Redacted] | 36258892 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reserves not met as per Guideline requirement. | Reviewer Comment (2026-04-10): The borrower used funds from a HELOC bank account to cover the reserves. Exception Cleared. Buyer Comment (2026-04-09): Final SS under doc ID [redacted] reflects borrower funds needed of $[redacted] which was paid via bank check under doc ID [redacted] from the borrower's primary home [redacted]HELOC under doc ID [redacted]. Assets under doc ID [redacted]and [redacted]remain for adequate reserves. |
04/10/2026 | 1 | C | A | C | A | C | A | C | A | C | A | MS | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 17 | [Redacted] | [Redacted] | [Redacted] | 36271653 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The lender exception has been approved for [redacted] time investor; ownership history is for [redacted] months, where guidelines require [redacted] months. The exception is approved as Investment property was purchased [redacted] and is vested in an [redacted]. (Working on deed to document purchase; profiles have the [redacted] as seller.) The borrower can only document a [redacted] -month housing history and previously lived rent-free with family. Compensating factors: FICO [redacted]+ points, Reserves > [redacted]months minimum, DSCR > [redacted]. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-13): Client elects to downgrade and waive. |
04/13/2026 | 2 | B | B | B | B | B | B | B | B | B | B | MN | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| 18 | [Redacted] | [Redacted] | [Redacted] | 36281081 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Insurance coverage is insufficient to cover the loan amount. The [redacted] checklist was not located in the file. | Reviewer Comment (2026-04-17): LOX already in file for insufficient coverage. Exception Cleared. Buyer Comment (2026-04-14): Letter under docs IS [redacted] confirms sufficient coverage. |
04/17/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 29 | [Redacted] | [Redacted] | [Redacted] | 36313484 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed | Vesting on title reflects [redacted]; however the security instrument does not reflect the additional trustee. There was also no deed transferring the property to the one trustee. | Reviewer Comment (2026-04-23): Death Certificate, Affidavit of death of trustee and email from title received confirming vesting will automatically convert to [redacted]. Exception Cleared. Buyer Comment (2026-04-21): [redacted] is documented as a decedent under doc ID [redacted]and [redacted]with additional email confirmation from Title under doc ID [redacted] that the vesting will automatically convert to borrower as sole trustee of the trust. |
04/23/2026 | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 34 | [Redacted] | [Redacted] | [Redacted] | 36312690 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide updated policy reflecting minimum coverage of $[redacted] or provide copy of insurer's replacement cost estimate supporting current coverage amount. The [redacted] checklist was not located in the file | Reviewer Comment (2026-04-24): Received replacement cost estimator, Exception cleared. Buyer Comment (2026-04-23): RCE email from Insurance Agent uploaded for review. |
04/24/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| 34 | [Redacted] | [Redacted] | [Redacted] | 36313736 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception approving [redacted] Borrower. Compensating factors are reserves greater than [redacted] Months, [redacted]+, multiple paid as agreed mortgages. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. Miscellaneous |
Reserves: [redacted] Guideline Requirement: [redacted] Multiple paid as agreed mortgages. |
Aggregator,SitusAMC SitusAMC SitusAMC Aggregator |
Reviewer Comment (2026-04-22): Client elects to waive with compensating factors. |
04/22/2026 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| 34 | [Redacted] | [Redacted] | [Redacted] | 36323278 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The lender guides require the borrowing business entity be authorized to conduct real estate business in the originating state. The name of the borrowing entity is[redacted] which does not appear to be a real estate entity. | Reviewer Comment (2026-04-27): Received clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2026-04-27): Referenced document indicates borrowing business entity has changed the name on [redacted] which can be verified from Articles of Organization from State of [redacted]. Per amended operating agreement business entity is in real estate business. Business entity was originated in the State of [redacted] and subject property is in the state of [redacted]. Require certificate of good standing from State of [redacted]. Exception remains. Buyer Comment (2026-04-22): [redacted] had a name change [redacted] to [redacted], the borrowing entity as noted Doc ID[redacted] page [redacted]. [redacted] Addendum for [redacted] Doc ID [redacted] page [redacted] denotes "[redacted] hereby affirms that the purpose of the Company includes acquiring, owning, leasing, financing, refinancing, and managing real estate and real estate-related investments.". |
04/27/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| 38 | [Redacted] | [Redacted] | [Redacted] | 36329183 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Reviewer Comment (2026-04-30): Received Desk review report. Verified and updated details. Exception Cleared. Buyer Comment (2026-04-29): Desk review uploaded for review. |
04/30/2026 | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Purchase | D | B | B | B | D | A | N/A | No | |||||||||||||||
| 38 | [Redacted] | [Redacted] | [Redacted] | 36335850 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for investor concentration on a condo. Guides allow [redacted]%. Currently at [redacted]%. | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-24): Client elects to waive with compensating factors. |
04/24/2026 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | D | B | B | B | D | A | N/A | No | |||||||||||
| 40 | [Redacted] | [Redacted] | [Redacted] | 36330436 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard insurance coverage $[redacted] is less than loan amount and replacement cost estimate $[redacted]. | Reviewer Comment (2026-05-12): Cleared. Received RCE. Reviewer Comment (2026-05-12): Require Replacement cost, date entered should be within note date or closing date. Provided replacement cost estimator is post-closed. Exception remains. Buyer Comment (2026-05-07): Submitted updated RCE |
05/12/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 42 | [Redacted] | [Redacted] | [Redacted] | 36347622 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | File is missing the most recent [redacted] month payment history for the subject property. | Reviewer Comment (2026-04-28): Initial package had credit supplement. Exception cleared. Buyer Comment (2026-04-27): File contains a credit supplement with [redacted] mortgage histories under doc ID [redacted]that satisfies housing payment verification guidelines. |
04/28/2026 | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| 47 | [Redacted] | [Redacted] | [Redacted] | 36363749 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The title commitment reflects Abstract of Judgment and/or Tax Liens (Sched C #[redacted]). Evidence that the issue has been cleared and will not have a negative impact on final title is not provided. | Reviewer Comment (2026-04-30): Title effective [redacted] reflects item [redacted] tax liens being removed under doc ID [redacted], page [redacted]and details verified. Exception Cleared. Buyer Comment (2026-04-29): Title effective [redacted] reflects item [redacted] tax liens being removed under doc ID [redacted], page [redacted]. |
04/30/2026 | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 51 | [Redacted] | [Redacted] | [Redacted] | 36362997 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for non-arm's-length transaction not listed on [redacted]. FTI with [redacted]vs [redacted] score. Compensating factors are LTV [redacted]% below max, reserves greater than [redacted]months minimum,[redacted]+, and DSCR greater than [redacted]. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Borrower's Own Funds Percent: [redacted]% Borrower's Own Funds Amount: $[redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-29): Client elects to downgrade and waive. |
04/29/2026 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| 53 | [Redacted] | [Redacted] | [Redacted] | 36360933 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender requested an exception which was approved. Borrower is using unpublished DSCR guidelines for qualifying. Please review for exception. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-29): Client elects to waive with compensating factors. |
04/29/2026 | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| 53 | [Redacted] | [Redacted] | [Redacted] | 36360960 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient by $[redacted]. The [redacted] checklist was not located in the file. | Reviewer Comment (2026-04-30): Received evidence of RCE from insurer. Condition cleared. Buyer Comment (2026-04-29): RCE uploaded for review. |
04/30/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| 55 | [Redacted] | [Redacted] | [Redacted] | 36363301 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of [redacted] is less than Guideline PITIA months reserves of [redacted] . It appears the final CD may be incorrect. | Reviewer Comment (2026-04-29): Received additional assets. Condition cleared. Buyer Comment (2026-04-29): Additional [redacted] assets uploaded for review. |
04/29/2026 | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| 58 | [Redacted] | [Redacted] | [Redacted] | 36362526 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception Request for zoning commercial but residential in nature with STR using unpublished guides. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-29): Client elects to waive with compensating factors. |
04/29/2026 | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| 59 | [Redacted] | [Redacted] | [Redacted] | 36363600 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Note document address is not matching with Desk Review document. Note document showing "[redacted]" Desk Review reflecting as "[redacted]". | Reviewer Comment (2026-05-04): No new document received. Per initial desk review property address contains all the details which Note address has. Exception cleared. Buyer Comment (2026-04-29): This is a multi unit dwelling, the address on the desk review and the note are both accurate, refer to the title supplemental report Doc ID [redacted]. |
05/04/2026 | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| 76 | [Redacted] | [Redacted] | [Redacted] | 36422435 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception Request for project is unavailable in [redacted] due to being in balcony inspection [redacted] | The representative FICO score exceeds the guideline minimum by at least [redacted] points. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% |
Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-05-11): Client elects to waive with compensating factors. |
05/11/2026 | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||
| 80 | [Redacted] | [Redacted] | [Redacted] | 36445044 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approval provided for [redacted] units has sq.ft. below [redacted] at [redacted] sq. ft. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower's Experience/Track Record |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Borrower's Experience/Track Record. The borrower has: [redacted] Years of Experience. |
SitusAMC Aggregator,SitusAMC SitusAMC,Aggregator |
Reviewer Comment (2026-05-11): Client elects to waive with compensating factors. |
05/11/2026 | 2 | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | A | B | A | B | A | A | N/A | No | ||||||||||||||||
| 86 | [Redacted] | [Redacted] | [Redacted] | 36455358 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Credit report was missing in the file. | Reviewer Comment (2026-05-15): Credit Report not required for [redacted] borrower. Exception Cleared. Buyer Comment (2026-05-13): The borrower is a [redacted], there is no credit report, the [redacted] is for pricing only. |
05/15/2026 | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| 87 | [Redacted] | [Redacted] | [Redacted] | 36454459 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception requested for property listed for sale at time of loan application. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-05-13): Client elects to waive with compensating factors. |
05/13/2026 | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| 88 | [Redacted] | [Redacted] | [Redacted] | 36478840 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for all [redacted] units below [redacted] sf min | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. Miscellaneous |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Co-borrower has [redacted] paid as agreed mortgage reviewed over [redacted] years. |
SitusAMC SitusAMC SitusAMC Aggregator,SitusAMC Aggregator |
Reviewer Comment (2026-05-14): Client elects to waive with compensating factors. |
05/14/2026 | 2 | B | B | B | B | B | CA | Investment | Purchase | A | B | A | B | A | A | N/A | No | ||||||||||||||||
| 97 | [Redacted] | [Redacted] | [Redacted] | 36473011 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2026-05-15): Articles of Organization/Formation received and verified the details. Exception Cleared. Buyer Comment (2026-05-14): Cert of formation uploaded for review. |
05/15/2026 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| 97 | [Redacted] | [Redacted] | [Redacted] | 36473013 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-05-15): Certificate of Good Standing received and verified the details. Exception Cleared. Buyer Comment (2026-05-14): COGS uploaded for review. |
05/15/2026 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| 97 | [Redacted] | [Redacted] | [Redacted] | 36473015 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Reviewer Comment (2026-05-15): Operating agreement received and borrower is sole owner. Exception Cleared. Buyer Comment (2026-05-14): Per guidelines a Corporate Resolution is not required. |
05/15/2026 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| 97 | [Redacted] | [Redacted] | [Redacted] | 36473016 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Reviewer Comment (2026-05-15): Employer Identification Number (EIN) received and verified the details. Exception Cleared. Buyer Comment (2026-05-14): EIN uploaded for review. |
05/15/2026 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| 97 | [Redacted] | [Redacted] | [Redacted] | 36473020 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Reviewer Comment (2026-05-15): Operating Agreement received and verified the details. Exception Cleared. Buyer Comment (2026-05-14): Operating agreement uploaded for review. |
05/15/2026 | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Purchase | C | A | C | A | A | A | N/A | No |