Client Name:

Client Project Name:   

SPIRE 2026-3

Start - End Dates:

5/9/2025 - 1/8/2026

Deal Loan Count:

19

Waived Conditions Summary

Review Scope

Category

Code

Description

Count

Credit

Terms/Guidelines

CRDTER3122

Loan documents do not meet guideline requirements

1

Credit

Terms/Guidelines

CRDTER4631

Loan parameters do not meet guidelines

1

Credit

Credit/Mtg History

CRDCRMH104

Credit score below guidelines

1

Credit

Credit/Mtg History

CRDCRMH183

Credit report incomplete

1

Credit

Credit/Mtg History

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

1

Credit

Credit/Mtg History

CRDCRMH2662

Number of mortgaged properties exceeds guideline limit

1

Credit

DTI

CRDDTI187

Debt Ratio > xxx%

1

Credit

LTV/CLTV

CRDLTV3026

LTV Exceeds Guideline Requirement by at least xxx%, but less than xxx%

2

Credit

Income/Employment

CRDINC2408

Income verification does not meet guidelines

1

Credit

Income/Employment

CRDINC2488

Verbal verification of employment missing

2

Credit

Assets

CRDAST2670

Asset documentation is insufficient per guideline requirements

2

Compliance

Right of Rescission

CMPROR1909

Incorrect ROR Form Used - xxx Form Used in Refinance With Original Creditor

1

Total

15

 

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