TPR Firm:  |
Report Date: | 7/9/2026 | |||||||
| Client Name: Loan Funding Structure IX LLC | Report: | Review Summary | |||||||
| Deal Name: BRAVO 2026-NQM7 | Loans in report: | 72 | |||||||
| Data Integrity Summary The table below provides a summary of the data compare results reflecting the number of discrepancies identified: | |||||||||
| Final Overall Grade Summary | |||||||||
| Overall | # of Mortgage Loans | % of Mortgage Loans | |||||||
| A | 65 | 90.28% | Data Compare Field Name | # of Discrepancies | % Accuracy | ||||
| B | 7 | 9.72% | ARM Interest Data | 5 | 93.06% | ||||
| C | 0 | 0.00% | Amortization Term | 0 | 100.00% | ||||
| Total | 72 | 100.00% | Borrower 1 First Name | 2 | 97.22% | ||||
| Borrower 1 Last Name | 3 | 95.83% | |||||||
| Credit Grade Summary | Borrower 2 First Name | 1 | 98.61% | ||||||
| Credit | # of Mortgage Loans | % of Mortgage Loans | Borrower 2 Last Name | 1 | 98.61% | ||||
| A | 65 | 90.28% | Borrower 1 FTHB | 0 | 100.00% | ||||
| B | 7 | 9.72% | Borrower 2 FTHB | 0 | 100.00% | ||||
| C | 0 | 0.00% | Doc Type | 15 | 79.17% | ||||
| Total | 72 | 100.00% | First Payment Date | 0 | 100.00% | ||||
| Interest Only Flag | 0 | 100.00% | |||||||
| Compliance Grade Summary | Lien Position | 0 | 100.00% | ||||||
| Compliance | # of Mortgage Loans | % of Mortgage Loans | Loan Program | 4 | 94.44% | ||||
| A | 72 | 100.00% | Loan Purpose | 0 | 100.00% | ||||
| B | 0 | 0.00% | Loan Type | 14 | 80.56% | ||||
| C | 0 | 0.00% | Maturity Date | 0 | 100.00% | ||||
| Total | 72 | 100.00% | Note Date | 1 | 98.61% | ||||
| Number of Units | 0 | 100.00% | |||||||
| Property Grade Summary | Occupancy | 2 | 97.22% | ||||||
| Property | # of Mortgage Loans | % of Mortgage Loans | Original Interest Rate | 1 | 98.61% | ||||
| A | 72 | 100.00% | Original Loan Amount | 0 | 100.00% | ||||
| B | 0 | 0.00% | Original Loan Term | 0 | 100.00% | ||||
| C | 0 | 0.00% | Original P&I | 1 | 98.61% | ||||
| Total | 72 | 100.00% | Originator DSCR | 1 | 98.61% | ||||
| Prepayment Penalty | 0 | 100.00% | |||||||
| Property Address | 0 | 100.00% | |||||||
Exception
Summary |
Property City | 0 | 100.00% | ||||||
| Property State | 0 | 100.00% | |||||||
| * Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review. | Property Zip Code | 0 | 100.00% | ||||||
| Credit Exception Categories | Exception Count | Credit Grade A | Credit Grade B | Credit Grade C | Credit Grade D * | Property Type | 2 | 97.22% | |
| Assets | 15 | 14 | 1 | 0 | 0 | QM Designation | 16 | 77.78% | |
| Borrower | 3 | 2 | 1 | 0 | 0 | Qualifying Appraised Value | 0 | 100.00% | |
| Closing | 3 | 2 | 1 | 0 | 0 | Qualifying CLTV | 0 | 100.00% | |
| Data | 5 | 5 | 0 | 0 | 0 | Qualifying FICO | 4 | 94.44% | |
| Debt | 1 | 1 | 0 | 0 | 0 | Qualifying LTV | 0 | 100.00% | |
| Eligibility | 11 | 8 | 3 | 0 | 0 | Qualifying Total DTI | 10 | 86.11% | |
| Income/Employment | 12 | 12 | 0 | 0 | 0 | Refinance Type | 1 | 98.61% | |
| Insurance | 9 | 9 | 0 | 0 | 0 | Sales Price | 0 | 100.00% | |
| Missing Doc | 57 | 55 | 2 | 0 | 0 | Subordinate Lien Amount | 0 | 100.00% | |
| QM-ATR | 0 | 0 | 0 | 0 | 0 | Underwriting Guideline Name | 0 | 100.00% | |
| Title | 9 | 9 | 0 | 0 | 0 | Total | 84 | 97.03% | |
| Total | 125 | 117 | 8 | 0 | 0 | ||||
| Compliance Exception Categories | Exception Count | Compliance Grade A | Compliance Grade B | Compliance Grade C | Compliance Grade D * | ||||
| Ability to Repay | 0 | 0 | 0 | 0 | 0 | ||||
| Closing | 2 | 2 | 0 | 0 | 0 | ||||
| Compliance | 2 | 2 | 0 | 0 | 0 | ||||
| Data | 0 | 0 | 0 | 0 | 0 | ||||
| Disclosure | 1 | 1 | 0 | 0 | 0 | ||||
| Documentation | 0 | 0 | 0 | 0 | 0 | ||||
| Fees | 0 | 0 | 0 | 0 | 0 | ||||
| Missing Doc | 53 | 53 | 0 | 0 | 0 | ||||
| Points & Fees | 0 | 0 | 0 | 0 | 0 | ||||
| QM-ATR | 0 | 0 | 0 | 0 | 0 | ||||
| Right to Rescind | 0 | 0 | 0 | 0 | 0 | ||||
| State Reg | 0 | 0 | 0 | 0 | 0 | ||||
| TRID | 1 | 1 | 0 | 0 | 0 | ||||
| Total | 59 | 59 | 0 | 0 | 0 | ||||
| Property Exception Categories | Exception Count | Property Grade A | Property Grade B | Property Grade C | Property Grade D * | ||||
| Appraisal | 9 | 9 | 0 | 0 | 0 | ||||
| Data | 0 | 0 | 0 | 0 | 0 | ||||
| Missing Doc | 4 | 4 | 0 | 0 | 0 | ||||
| Property Issue | 1 | 1 | 0 | 0 | 0 | ||||
| Value | 0 | 0 | 0 | 0 | 0 | ||||
| Total | 14 | 14 | 0 | 0 | 0 | ||||