EFMT DEPOSITOR LLC ABS-15G

Exhibit 99.08

Schedule 5. Opus Business Purpose Report

 

ALT ID Loan ID Seller Loan ID Investor Loan ID Seller Name Loan Program Documentation Type Executed NOO Docs in File Lease In Place Flag Actual In Place Rent Third Party Market Rent Estimate Third Party Rent Source Actual Short Term Rent Amount Actual Short Term Rent Source Short Term Rent Number of Months Short Term Rental Occupancy Factor Rental Income Used for Property DSCR Calculation Rental Source for Property DSCR Calculation DSCR Calculation Based On Short Rental Income Flag Property DTI Originator DSCR TPR DSCR PITIA Gross Rental Income Unit 1 Lease End Date Unit 1 Lease Term Unit 1 Gross Rental Income Unit 2 Lease End Date Unit 2 Lease Term Unit 2 Gross Rental Income Unit 3 Lease End Date Unit 3 Lease Term Unit 3 Gross Rental Income Unit 4 Lease End Date Unit 4 Lease Term Unit 4 Gross Rental Income Unit 5 Lease End Date Unit 5 Lease Term Unit 5 Gross Rental Income Unit 6 Lease End Date Unit 6 Lease Term Unit 6 Gross Rental Income Unit 7 Lease End Date Unit 7 Lease Term Unit 7 Gross Rental Income Unit 8+ Rent Loss Insurance Rent Loss Insurance Amount Fee Amount Acquisition Cost Renovation Cost Effective Gross Income Turnover Costs Repairs and Maintenance Marketing and Leasing Costs Utilities Other Costs Cap Ex Reserve Section 8 Blanket Mortgage/Cross Collateral Flag Number of Years Property Owned Number of Mortgaged Properties With Lender Number of Properties Securing Loan Foreign National Alternative Credit Documentation Months Reserves Loan Closed in the name of Business Entity Vested Business Entity Name Vested Business Entity Type Qualifying Primary Borrower Type Qualifying Primary Borrower First Name Qualifying Primary  Borrower  Last Name Qualifying CoBorrower Type Qualifying CoBorrower First Name Qualifying CoBorrower Last Name Qualifying CoBorrower 2 Type Qualifying CoBorrower 2 First Name Qualifying CoBorrower 2 Last Name Qualifying CoBorrower 3 Type Qualifying CoBorrower 3 First Name Qualifying CoBorrower 3 Last Name Non-Qualifying Guarantor 1 First Name Non-Qualifying Guarantor 1 Last Name Non-Qualifying Guarantor 1 Citizenship Non-Qualifying Guarantor 1 Country Name Non-Qualifying Guarantor 2 First Name Non-Qualifying Guarantor 2 Last Name Non-Qualifying Guarantor 2 Citizenship Non-Qualifying Guarantor 2 Country Name Personal Guaranty Total Number of Guarantors Personal Guaranty Recourse Level Business Entity EIN Primary Appraisal Occupancy
2126835 XXXXXXXX   XXXXXXXX XXXXXXXX XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) 12 Month Bank Statement Present                     No     0 3907.5                                             Yes 40780                       No 8.2 1 1 N/A 110.74 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Tenant
2136840 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present No 0 1700 Appraisal - 1007         1700 Appraisal - 1007 No 70.87 1.411 1.411 1204.72                                             Yes 20500       1700               No 0.0 1 1 N/A 132.42 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Owner
2132467 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present No 0 2000 Appraisal - 1007         2000 Appraisal - 1007 No 99.19 1.008 1.008 1983.71                                             Yes 23804.52       2000               No 0.0 1 1 N/A 12.14 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2136847 XXXXXXXX   XXXXXXXX XXXXXXXX XXX - 18 Prime Minus Investment 30 Year Fixed (Grade A) 2YR Full Doc Present                     No     0 5156.71                                             N/A                         No 0.0 1 1 N/A 25.81 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2137557 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed I/O Debt Service Coverage Ratio Present No 0 3250 Appraisal - 1007         3250 Appraisal - 1007 No 94.09 1.062 1.063 3057.82                                             Yes 25900       3250               No 0.0 1 1 N/A 18.93 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Owner
2140032 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 1020 1224 Appraisal - 1025         1224 Appraisal - 1025 No 89.88 1.113 1.113 1100.11 695 XX/XX/XXXX 12 325 XX/XX/XXXX 6                                 Yes 10000       1224             No No 1.4 1 1 N/A 76.08 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Tenant
2140029 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present No 0   Short Term Rental 5004 Other 12 70.00% 5004 Other Yes 47.54 2.104 2.104 2378.89                                             Yes 30400   0   5004               No 0.0 1 1 N/A 20.65 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2140033 XXXXXXXX   XXXXXXXX XXXXXXXX XXX 8 Investment Prime DTI 30 Year Fixed 12 Month Bank Statement Present                     No     0 3499.43                                             Yes 5000   0                   No 0.0 1 1 N/A 27.25 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2140034 XXXXXXXX   XXXXXXXX XXXXXXXX XXX 15 Prime - 30-Year Fixed 12 Month Bank Statement Present                     No     0 6201                                             Yes 64400   0                   No 0.0 1 1 N/A 7.51 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Vacant
2140036 XXXXXXXX   XXXXXXXX XXXXXXXX XXX 18 FN Investor DSCR 30 Yr Fixed Debt Service Coverage Ratio Present No 0   Short Term Rental 6458 Other 12 63.00% 6458 Other Yes 74.17 1.048 1.348 4790.21                                             Yes 60900       6458               No 0.0 1 1 N/A 31.34 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Vacant
2140035 XXXXXXXX   XXXXXXXX XXXXXXXX XXX 18 Investor DSCR -  30-Year Fixed Debt Service Coverage Ratio Present No 0 1700 Appraisal - 1007         1700 Appraisal - 1007 No 99.48 1.005 1.005 1691.12                                             Yes 14389.44       1700               No 0.0 1 1 N/A 99.98 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2140030 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 990 1400 Appraisal - 1007         990 Actual In Place Rent No 99.07 1.009 1.009 980.77 990 XX/XX/XXXX 12                                       Yes 14528       990             No No 0.0 1 1 N/A 688.71 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Tenant
2144650 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 3400 3400 Appraisal - 1025         3400 Appraisal - 1025 No 74.42 1.344 1.344 2530.44 1700 XX/XX/XXXX 1 1700 XX/XX/XXXX 1                                 Yes 25000       3400             No No 0.0 1 1 N/A 88.07 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Vacant
2144653 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 4500 4500 Appraisal - 1007         4500 Actual In Place Rent No 115.21 0.868 0.868 5184.48 4500 XX/XX/XXXX 12                                       Yes 30000       4500             No No 3.8 1 1 N/A 109.16 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Tenant
2144654 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 2540 3312 Appraisal - 1025         3312 Appraisal - 1025 No 78.25 1.277 1.278 2591.69 615 XX/XX/XXXX 1 565 XX/XX/XXXX 1 660 XX/XX/XXXX 1 700 XX/XX/XXXX 1                     Yes 60000       3312             No No 0.0 1 1 N/A 30.96 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Tenant
2144660 XXXXXXXX   XXXXXXXX XXXXXXXX XXX - 18 Prime Minus Investment 15 Year Fixed (Grade A) 2YR Full Doc Present                     No     0 2081.24                                             Yes 21000                       No 19.6 1 1 N/A 3.32 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2144657 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present No 0 1750 Appraisal - 1007         1750 Appraisal - 1007 No 99.99 1.0 1.0 1749.89                                             Yes 23800       1750               No 0.0 1 1 N/A 9.55 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2144658 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed I/O Debt Service Coverage Ratio Present Yes 1050 1100 Appraisal - 1007         1100 Appraisal - 1007 No 99.13 1.0 1.009 1090.48 1050 XX/XX/XXXX 12                                       Yes 21544       1100             No No 3.7 1 1 N/A 88.68 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX Individual Guarantor XXXXXX XXXXXX                             Yes 2 Full Recourse XXXXXXX Tenant
2144652 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present No 0   Short Term Rental 3087 Other 12 29.00% 3087 Other Yes 99.66 1.0 1.003 3076.54                                             Yes 18522       3087               No 0.0 1 1 N/A 7.35 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Owner
2144662 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed I/O Debt Service Coverage Ratio Present Yes 2200 2300 Appraisal - 1007         2300 Appraisal - 1007 No 120.81 0.828 0.828 2778.7 2200 XX/XX/XXXX 24                                       Yes 38000       2300             No No 1.0 1 1 N/A 107.32 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2151724 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present No 0 1250 Appraisal - 1007         1250 Appraisal - 1007 No 59 1.695 1.695 737.56                                             Yes 15000       1250               No 0.0 1 1 N/A 90.05 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Vacant
2153540 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 2500 2500 Appraisal - 1007         2500 Appraisal - 1007 No 93.76 1.066 1.067 2343.99 2500 XX/XX/XXXX 12                                       Yes 37000       2500             No No 0.3 1 1 N/A 88.63 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Tenant
2153542 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 1000 1175 Appraisal - 1007         1000 Actual In Place Rent No 90.13 1.109 1.109 901.32 1000 XX/XX/XXXX 12                                       Yes 18000       1000             No No 1.3 1 1 N/A 94.25 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Tenant
2153555 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed I/O Debt Service Coverage Ratio Present Yes 2034 2400 Appraisal - 1007         2034 Actual In Place Rent No 91.56 1.092 1.092 1862.25 2034 XX/XX/XXXX 1                                       Yes 24000       2034             No No 12.7 1 1 N/A 63.43 No     Vested Individual XXXXXX XXXXXX                                   N/A 0 N/A   Tenant
2155676 XXXXXXXX   XXXXXXXX XXXXXXXX XXX -18 Investor DSCR 30 Year Fixed Debt Service Coverage Ratio Present Yes 3060 3300 Appraisal - 1025         3060 Actual In Place Rent No 79.99 1.25 1.25 2447.7 1620 XX/XX/XXXX 12 1440 XX/XX/XXXX 12                                 Yes 20000       3060             No No 1.2 1 1 N/A 30.75 Yes XXXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXXX XXXXXX                                   Yes 1 Full Recourse XXXXXXX Tenant