Velocity Commercial Capital Loan Trust 2026-3 ABS 15G

 

Exhibit 99.03

 

 

VCC Limited Appraisal Report

 

AMC Loan ID Customer Loan ID Seller Loan ID EDGAR Loan IDs Investor Loan Number Street City State Zip Valuation Status Property Condition Are there any apparent environmental, health and/or safety problems notated by appraiser or visible on photos? Is there property damage? Does the valuation reference an Unpermitted Addition? Comments
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100365   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No Yes Appraisal reflects unpermitted non-conforming addition of storage/office and small kitchen. Appraiser has noted a total cost to cure of $XXX,XXX considering conversion to SFR from XXXX.  At time of inspection property was being utilized as a XXXX. Client Comment: Property is still functioning as a XXXX
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100366   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100653   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100652   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100651   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100368   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Damaged Window Trim on the front exterior of the dwelling.  The second-floor sink was missing pipes and not functional.  There are missing trim, light switches and areas of exposed wiring.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100369   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100375   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C5 Yes Yes No C5 property condition, Appraisal Photos of the exterior, show a hole in the wall, possible roof damage, rotting trim and a broken window. The interior photos show signs of water damage in the bathroom 1, and a crack in the wall of the ADU bedroom.  Bathroom 2 has no door, and bedroom 4 has a crack in the wall.  The laundry room has peeling ceiling.  The photos also show crack lines in the living room wall, bedroom 2 and kitchen walls along with the Dining ceiling, wall, and HVAC system is inoperable.  Signed 90-day holdback agreement in file for foundation repairs of $XX,XXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100650   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100649   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100382   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No The stairs on the outside of the property do not have a handrail.  Also, appraiser notes the dishwasher was missing.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100383   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100384   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100385   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C5 Yes No No Property is in C5 conditions,  Appraisal show missing floor tiles in the Bathroom and no flooring cover in the upper bedroom.  Appraiser states interior and  exterior condition is C5 with no updates in past 15 years.  No further details provided.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100648   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No Yes No In-house review and appraisal show subjects fascia needs repainting and gutters need replacement.  No cost to cure provided by appraiser.  In-house review estimate cost of $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100647   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100646   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100645   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100644   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Photo shows no handrails for front porch stairs.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100391   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C2 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100392   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes Yes Yes Appraiser noted damaged paint and drywall throughout the interior of subject as well as damaged carpeting in both bedrooms of both units, estimated cost to cure is $XXXXX. Appraiser notes the subject property is improved with 2 dwelling units however according to tax records it is listed as triplex. Basement entrance is screwed shut.  

VCC Comments:  "The borrower provided photos of the basement prior to funding. Per page 13 of the appraisal, ""THE SUBJECT PROPERTY IS IMPROVED WITH TWO DWELLING UNITS HOWEVER ACCORDING TO
BRIGHT AND CITY TAX RECORDS IT IS CURRENTLY ASSESSED AS A TRIPLEX. THE PROPERTY IS LOCATED IN AN RSA-3 ZONING DISTRICT WHICH PERMITS SINGLE FAMILY RESIDENTIAL USES BY
RIGHT. THE SUBJECTS ORIGINAL APPLICATION FOR A ZONING PERMIT (#XXXXXXX) THAT WAS FOUND ON XXXX ATLAS PREVIOUSLY AUTHORIZED TWO DWELLING UNITS. THIS APPRAISAL IS MADE WITH THE EXTRAORDINARY ASSUMPTION THAT THE SUBJECT REPRESENTS A LEGAL NON-CONFORMING
TWO UNIT PROPERTY AND THAT NO ADDITIONAL ZONING APPROVALS ARE REQUIRED TO CONTINUE THE EXISTING USE."" VCC don't have any additional information, but is comforted by the low LTV. The borrower is expected to obtain all necessary permits, no cost to convert to a triplex is available. "
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100393   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100394   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100397   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100402   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100405   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100411   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No The Appraisal photos show the Electrical box has no cover.  The Appraiser also notes a damaged stair railing and worn carpets with a cost to cure of $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100413   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100414   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraiser shows no handrails on outside stairs.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100419   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100421   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100425   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100429   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100432   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraisal photos show missing floorboards/incomplete flooring in the storage room attached to the main bedroom.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100434   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C2 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100435   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100437   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100643   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No Yes No Appraisal photos show that the siding along the rear and side of house is damaged.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100642   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100641   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No Appraisal photos indicate Roof, Fascia, Soffit and Garage door disrepair on the outside of the home. On the inside it shows disrepair to the ceiling in the kitchen. In-house review provides an estimate of $XXXXXX - $XXXXX for repairs to garage door, fascia, soffit, and siding with an additional $XXXXX for roof repairs.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100439   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C2 Yes Yes No The Appraiser notes that the subject's central a/c is currently not operational. Current estimate to repair is $XXXX to $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100440   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No Yes Yes Appraisal photos show soffit damage.  They also show water damage to the ceiling in bedroom of unit XXX. In-house review states may need roof inspection to determine if there is an active leak.  Unit XXX was converted into 2 smaller units resulting in an illegal fourplex.

VCC Comments:The $XXXX cost to convert unit XXX back into a single unit is deducted from the appraised value and considered in the LTV. Given the relatively minimal cost to cure VCC felt comfortable proceeding and expects the borrower to either maintain necessary permits or convert  XXX back into a singular unit. Unit  XXXwas converted into two units (bedroom/kitchen/bathroom) We don't have an update on the status of permits/conversion.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100441   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No Yes No Appraisal photos show damaged/missing siding.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100442   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C2 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100443   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100444   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraiser noted that Unit one does not have a functioning kitchen.  Appraisal photos show a broken window in unitXas well as evidence of settlement in the brick on the outside of the home.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100534   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100535   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100536   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No Yes No The Appraiser notes that the vacant suite exhibits noticeable wear, staining and aging in its flooring, ceiling tiles and interior wall finishes.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100537   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100540   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100541   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Fair No No No The Appraiser noted the property as Fair due to needed renovations that would bring the property up to an average marketable condition.  It is in need of new floor coverings, kitchen and bathroom upgrades, fresh paint, repairs to some windows and repairs to the asphalt paved parking lot.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100544   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100546   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Fair No No No Property in Fair condition, Appraiser notes that the building requires some new floor coverings in the two apartments, fresh paint, and some minor repairs. As can be seen from the photographs, the exterior of the building
is in need of fresh paint.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100549   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100550   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100551   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100556   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100558   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100564   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100569   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100570   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100571   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100576   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100579   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100581   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100583   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100589   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100590   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100592   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100446   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100449   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C5 Yes Yes No C 5 property condition, Appraisal makes note of deferred maintenance issues including water in basement near water heater, water damage above window in bedroom 2 and to ceiling of bedroom 4, missing smoke/CO detectors, rotted front porch wood, rotted rear deck/stairs, and broken window with rotted wood framing. 442 provided makes statement that repairs made that were an immediate safety issue were only things fixed at this time. No indication that the broken window or water damage to ceilings 2 or 4 have been resolved.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100450   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Missing electrical outlet cover in bathroom.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100451   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Appraiser observed areas with settlement cracks, peeling paint and a caved in ceiling, damaged area of the kitchen.  The garage was also noted to be in poor, hazardous condition. Estimate to remove the garage is $XXXX.and total estimate cost to cure is $XXXXX; however structural cert was not provided and appraiser made extraordinary assumption the repairs were only cosmetic.  A  365-day holdback of $XXXXX was provided to remove and replace 3-tab asphalt shingles and demo and haul away garage (includes demo permit).
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100452   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100453   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraiser reflects missing floor covering on stairs to second floor and in family/dining room, cost to cure for missing flooring on stairs and family/dining rooms is $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100457   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Missing handrails on back stairs, missing cover to electrical breaker panel, smoke and CO detectors need to be installed
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100459   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100464   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No Yes No Appraiser observed missing siding from the rear of the residence, damaged siding and areas of exposed subsurface, and missing window trim.   The cost to cure was estimated at $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100472   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100476   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Missing handrails on stairs to second floor, stairs to attic and stairs to basement.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100477   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100640   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100639   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100482   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100483   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100484   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100490   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C2 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100491   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100494   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100495   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100496   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100498   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100506   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100508   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100509   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100510   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100512   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Missing vent cover, switch plates and there are gaps around electrical box in family room. Missing door casing on exterior door in the family room. Exposed insulation.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100511   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100514   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100515   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes No No Appraiser observed that unit #X is missing a stove and assessed cost to cure at $XXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100516   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100517   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100520   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100521   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes Yes No Appraisal shows Cracked window, peeling paint, settlement cracking, wood rot/damaged soffit, and non-functioning in ground pool with green stagnant water.  Estimated cost to repair window and rotted wood is $XXXX.  Appraisal was updated to be "As is" from subject to.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100523   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100522   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100524   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100526   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100525   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100527   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100528   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100529   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Missing electrical panel covers
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100530   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100486   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100595   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100600   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes Yes No Appraiser notes and photos support small section of the exterior concrete stairs to the 1st floor and portion of rear pavement are damaged. Appraiser also notes issue of rust with basement door and estimates cost to cure for all of these items is $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100601   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100602   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100604   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100608   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100614   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100615   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100618   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100621   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100622   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100532   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100370   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No Damage to the wall is shown in the Appraisal photos behind the Washer and Dryer. Appraiser also noted the bedroom doors were not hung and there was no heat source.  The cost to cure these is listed at $XXXX. Signed 90-day holdback agreement for $XXXXXX provided, and amount reflected on HUD
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100539   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100373   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100542   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100543   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes No No Appraisal photos show basement stairwell with no hand rail.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100553   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100387   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100389   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100390   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100557   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good Yes Yes No Appraisal notes exterior stucco deterioration and damage basement ceilings/exposed floor joists.  Appraisal further notes water in the basement due to damaged/deteriorated sewer line in basement.  Signed 120-day Holdback Agreement in file for $XXXXX,  repair of the sewer line and reflected on HUD.  Letter from borrower indicates they will repair the stucco after close.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100398   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100399   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100404   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100565   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100566   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100406   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100409   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100415   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Appraisal notes deck construction poses a safety risk.  Also, subject was not connected to electric and as a result did not have functioning heating and hot water.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100427   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100572   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100428   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Appraisal shows missing handrail on steps to uncovered porch.  Deferred maintenance-basement ceiling with estimated costs XXXX
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100577   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100578   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100580   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100582   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100430   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100431   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100585   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100445   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100447   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100588   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100448   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100593   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100454   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100455   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Missing electrical outlet covers in two bedrooms.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100597   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100598   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100456   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100462   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100603   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100463   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100605   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes No No Property inspection indicates there are frayed service cables at rear of building and exterior basement stairs are missing a handrail.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100465   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes No No Appraisal reflects missing handrail to exterior stairs to basement and missing smoke and CO detectors.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100607   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100466   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100467   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No Appraisal shows ceiling damage in basement bathroom with a portion that has fallen to the floor, damaged basement ceiling in rec room, damaged ceiling in second floor bathroom with an estimated cost to cure $XXXXXnot provided by a licensed contractor.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100469   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraisal indicates missing handrail on stairs to basement.  Electrical panel box is rusted and corroded with water damage to walls and floor of basement.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100470   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100471   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No In-house review and appraisal indicate there are loose hanging/improperly secured wiring in basement.  One bedroom does not appear to have a closet and the other lacks closet doors.  Cost to cure $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100474   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100475   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100479   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100481   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100396   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100458   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100488   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100407   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100638   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100637   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100636   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100635   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100634   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100633   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100632   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100631   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No Yes No Appraisal indicated that there is some damage to the vinyl flooring in the kitchen (deferred maintenance).
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100630   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100629   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No Yes No Peeling/cracked paint on outside siding.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100628   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100627   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraiser observed that the property's furnace and hot water tank were not present at the time of inspection. Appraiser photos show front door and windows are boarded up. Appraiser estimates cost to cure of $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100626   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100625   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Electrical panel is missing its cover.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100531   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100533   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes No No Appraisal photos reflect mold in shower, light fixture, and stove exhaust missing in the front building and exposed wiring on the rear building.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100538   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100545   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100547   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100548   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100552   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100554   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100555   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100559   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100560   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100561   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100562   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes No No Appraisal photos of the interior shown visible moisture on the floor of the basement near the boilers and sump pump.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100563   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes Yes Yes Appraisal notes possible asbestos health risk. The Vacant Unit Kitchen picture shows water damage to the ceiling and wall near the window as well as crack and wall damage beneath the window. The Typical Kitchen picture shows water damage in the upper right corner above the window.  Appraiser indicates the 2nd floor unit requires $XXXXX in renovation costs and rent-loss to be restored to legal one-unit layout.

VCC Comments: XX% LTV loan. The second floor is separated into two individual units with kitchen/bedroom/bathroom (one of them is vacant) The cost of renovation and rent-loss is considered in the appraised value/LTV. VCC was comfortable proceeding since the cost to cure was deducted from the appraised value. The borrower is expected to obtain any necessary permits or convert the property to legal use. VCC does not have an update on the status of the permits/conversion.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100567   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100568   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100573   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Fair No Yes No Property condition below average/fair - Appraiser notes significant deferred maintenance. dated interior and exterior components.  Photos reflect instances of cracking in the concrete flooring.  No amount for deferred maintenance provided.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100574   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average Yes Yes No Appraisal photos reflect ongoing/incomplete renovation of 2 bedroom residential unit with no kitchen/exposed walls, missing flooring through out, needs painting, and appraiser indicates will not be occupiable for the next 30 to 60 days.  No costs to cure provided.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100575   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Very Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100584   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100586   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100587   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100591   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100594   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100596   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100599   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100606   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100706   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100610   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100611   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100612   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100613   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100616   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100617   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100619   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Fair Yes No No Property Fair condition - Appraisal notes the residential unit has been vacant a long period and does not have a water heater.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100620   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100371   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100377   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100378   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100379   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100380   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100381   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100388   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100395   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100400   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C1 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100401   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100403   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100408   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100410   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100412   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C1 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100416   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Excellent No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100417   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No Appraisal notes water damage to 2nd floor bedroom ceiling.  Appraiser estimated cost to cure of $XXXX.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100418   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100420   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Good No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100422   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C2 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100423   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100424   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 Yes No No Appraisal photos reflect mold/fungus on external facade.  Approval notes, external deferred maintenance with no amount to cure.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100426   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100433   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100436   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100460   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100461   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100624   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No Kitchen reflects water damage on ceiling and missing handrail to basement stairs.  Letter in file from borrower stating they will install the handrail.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100623   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100473   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100480   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100485   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100487   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100489   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100492   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes No No Appraisal notes mold like substance and water in basement.  Estimate to cure $XXXX.  Signed 365-day Holdback Agreement for $XXXX provided with amount on HUD.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100493   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100497   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100499   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100500   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100501   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 Yes Yes No Appraisal photo reflects no handrail for basement ingress.  Unit 2 of the subject is under renovation/needs completion.  Signed  120-day Holdback Agreement in file for $XXXXX, the completion of renovation of unit 2 with amount reflected on HUD.  Does not include basement ingress missing handrail on stairs.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100502   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C5 Yes Yes No C5 condition - Appraisal photos reflect damaged interior wall, damaged carpet, damaged floor tile, and bathroom sink non-functioning.  Appraisal photos further reflect interior mold.  Signed 120-day Holdback Agreement for deferred maintenance of $XXXXX and amount reflected on HUD.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100503   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C4 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100504   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C5 Yes Yes No C5 Condition - Subject has multiple damaged ceiling, damaged flooring, non-functioning bathroom sink.  Signed 120-day Holdback Agreement for $XXXX and amount on HUD for ceiling, flooring and bathroom sink in file.
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100507   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided C3 No No No  
XXXXXXXXXX XXXXXXXXXX XXXXXXXXXX VCC 2026-3-100707   XXXXXXXXXXX XXXXXXXXXXXXX XX XXXXX Provided Average No No No