Exhibit 99.08 - Schedule 3
| Infinity Loan ID | Loan Number | Redacted ID | Loan Number 2 | Borrower Last Name | Property State | Note Date | Loan Purpose | TPR QM ATR Status | Initial Overall Loan Grade | Final Overall Loan Grade | Exception Category | Exception Subcategory | Exception Code | Final Exception Status | Initial Exception Grade | Final Exception Grade | Exception | Exception Detail | Follow-up Comments (Exception Response) | Exception Conclusion Comments | Compensating Factors | Curable Status | Loan Status | Review Date | Cleared Date | Cured Date | Exception Date |
| xxx | xxx | 2155474 | xxx | Texas | xxx | Cash Out | Not Covered/Exempt | 3 | 2 | Credit | Credit | M3SCF3QSTTY-U0OKEMMW | Resolved | 3 | R | * Required Documentation Missing or Incomplete (Lvl R) | As per guidelines, the two most recent months of bank statements are required. However, for xxx, only the statement dated xxx is available in the loan package. Provide a copy of a xxx or latest available bank statement to meet guideline requirements. 04/01/2026 Countered: Require minimum two months of bank statement as per the guideline. 04/02/2026: Resolved. Using B of xxx for reserves. |
04/02/2026: Resolved. Using xxx xxx for reserves. | 04/02/2026: Resolved. Using xxx xxx for reserves. | QC Complete | 04/02/2026 | 04/02/2026 | 04/02/2026 | 03/30/2026 | |||
| xxx | xxx | 2155474 | xxx | Texas | xxx | Cash Out | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | M3SCF3QSTTY-J587LE2V | Waived | 2 | W | * Loan does not conform to program guidelines (Lvl W) | Borrower has an unsettled collection account. Guidelines require any collection xxx to be paid in full prior to closing. A copy of an exception approval letter is available in the loan file. |
FICO: xxx FICO exceeds the guideline requirement of 660. DSCR: 1.46 DSCR exceeds the guideline requirement of 075. Reserves: The 25 months of available reserves are more than the guideline requirement of 6 months. The only derogatory item across all three credit bureaus is this disputed charge-off, which is reporting only by Experian. |
QC Complete | 04/02/2026 | 03/30/2026 | ||||||
| xxx | xxx | 2155474 | xxx | Texas | xxx | Cash Out | Not Covered/Exempt | 3 | 2 | Credit | Credit | M3SCF3QSTTY-EDXGB1F3 | Resolved | 3 | R | * Required Documentation Missing (Lvl R) | DSCR and Reserves calculation does not reflects Property address. Provide a copy of DSCR and reserves calculation that reflects the property address. 04/01/2026: Resolved. Received corrected DSCR & reserves calculation with address |
04/01/2026: Resolved. Received corrected DSCR & reserves calculation with address | 04/01/2026: Resolved. Received corrected DSCR & reserves calculation with address | QC Complete | 04/02/2026 | 04/02/2026 | 04/02/2026 | 03/30/2026 | |||
| xxx | xxx | 2151574 | xxx | Texas | xxx | Cash Out | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | EZYW2OU41QI-J587LE2V | Waived | 2 | W | * Loan does not conform to program guidelines (Lvl W) | xxx (Guarantor #3) has a medical collection reported on his credit file. He has paid and settled the debt directly with the hospital, bypassing the medical collection agency that is reporting the account.The credit bureau is currently in the process of updating the record to reflect the settlement. A copy of an exception approval letter is available in the loan file. |
There are 3 Primary Guarantor on this loan- the first two qualifying middle score’s are xxx (xxx) & xxx (xxx). xxx has a xxx. The collection is stemming from disputed medical bills, and no other derogatory marks appear on the credit report. Loan is a cash-out refinance of approximately xxx (owned free and clear). |
QC Complete | 03/30/2026 | 03/30/2026 | ||||||
| xxx | xxx | 2163821 | xxx | Kentucky | xxx | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | JWWZ2ZB5FHB-U0OKEMMW | Resolved | 3 | R | * Required Documentation Missing or Incomplete (Lvl R) | Provide final application for borrower1 date of birth, however credit report & DL reflecting as xxx, final 1003 reflecting as xxx 05/06/2026: Resolved. Received updated 1003 |
05/06/2026: Resolved. Received updated 1003 | 05/06/2026: Resolved. Received updated 1003 | QC Complete | 05/04/2026 | 05/06/2026 | 05/06/2026 | 05/04/2026 | |||
| xxx | xxx | 2167211 | xxx | Florida | xxx | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | L1YZAZBWJEE-DFWG7HN5 | Resolved | 3 | R | * Missing proof of hazard insurance (Lvl R) | Missing hazard insurance (final EOI). 05/06/2026: Resolved. Received HOI |
05/06/2026: Resolved. Received HOI | 05/06/2026: Resolved. Received HOI | QC Complete | 05/01/2026 | 05/06/2026 | 05/06/2026 | 04/30/2026 | |||
| xxx | xxx | 2167212 | xxx | Kentucky | xxx | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | AT023ETSJDE-U0OKEMMW | Resolved | 3 | R | * Required Documentation Missing or Incomplete (Lvl R) | Provide a signed application reflecting the updated declaration for Co-Borrower xxx, changing the xxx status from “No” to “Yes.” 05/06/2026: Resolved. Received updated 1003. |
05/06/2026: Resolved. Received updated 1003. | 05/06/2026: Resolved. Received updated 1003. | QC Complete | 05/01/2026 | 05/06/2026 | 05/06/2026 | 05/01/2026 | |||
| xxx | xxx | 2173134 | xxx | Kentucky | xxx | Refinance | Not Covered/Exempt | 3 | 1 | Valuation | Doc Issue | VFKMK2EFJI2-WMO0OGAE | Resolved | 3 | R | * Appraisal incomplete (missing map, layout, pages, etc) (Lvl R) | Page 1 of the appraisal reflects 0.0 bathroom(s); however, the interior photos indicate the presence of 1 bathroom. Please provide a revised appraisal correcting the bathroom count. 06/02/2026: Resolved. . Appraiser stated in the Improvements section that the first floor does not have a kitchen or bath. The lower level has the kitchen and bath. |
06/02/2026: Incorrect condition. Appraiser stated in the Improvements section that the first floor does not have a kitchen or bath. The lower level has the kitchen and bath. | 06/02/2026: Incorrect condition. Appraiser stated in the Improvements section that the first floor does not have a kitchen or bath. The lower level has the kitchen and bath. | QC Complete | 05/28/2026 | 06/03/2026 | 06/03/2026 | 05/28/2026 |