VCC MORTGAGE SECURITIES, LLC ABS-15G
Exhibit 99.05
| Multi Property Valuation Report |
| SitusAMC Loan ID | Customer Loan ID | EDGAR Loan ID | Investor Loan Number | Note Date | External Property Num | Original Loan Amount | Sales Price | Value for LTV | LTV Value Variance Amount | LTV Value Variance Percent | Property ID | Property Address | City | State | Zip Code | Primary Valuation Value | Primary Valuation Report Date | Primary Valuation Effective Date | Primary Valuation Type | Primary Valuation Company | Primary Valuation Appraiser Name | Primary Valuation Appraiser License Num | Primary Valuation FSD Score | Secondary Valuation Value | Secondary Valuation Variance Amount | Secondary Valuation Variance Percent | Secondary Valuation Report Date | Secondary Valuation Effective Date | Secondary Valuation Type | Secondary Valuation Company | Secondary Valuation FSD Score | AVM Value | AVM Variance Amount | AVM Variance Percent | AVM Company | AVM FSD Score | AVM Report Date | Desk Review Value | Desk Review Variance Amount | Desk Review Variance Percent | Desk Review Company | Desk Review Risk Score | Desk Review Report Date | Desk Review Effective Date | Desktop Appraisal Value | Desktop Appraisal Variance Amount | Desktop Appraisal Variance Percent | Desktop Appraisal Company | Desktop Appraisal Report Date | Desktop Appraisal Effective Date | BPO Value | BPO Variance Amount | BPO Variance Percent | BPO Company | BPO Report Date | Field Review Value | Field Review Variance Amount | Field Review Variance Percent | Field Review Company | Field Review Report Date | Field Review Effective Date | 2055 Value | 2055 Variance Amount | 2055 Variance Percent | 2055 Company | 2055 Report Date | 2055 Effective Date | AVE/CMA Value | AVE/CMA Variance Amount | AVE/CMA Variance Percent | AVE/CMA Company | AVE/CMA Report Date | Hybrid Valuation Value | Hybrid Valuation Variance Amount | Hybrid Valuation Variance Percent | Hybrid Valuation Company | Hybrid Valuation Report Date | Updated Valuation Value | Updated Valuation Variance Amount | Updated Valuation Variance Percent | Updated Valuation Company | Updated Valuation Report Date | Updated Valuation Effective Date | Value Analysis Valuation Value | Value Analysis Report Date | Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor? | Collateral Underwriter Risk Score |
| XXXX | XXXX | VCC 2026-P2-100242 | XX/XX/XXXX | $XXX | $XXX | $XXX | 27.000% | XXXX | XXXX | XXXX | XX | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 27.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100243 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | MI | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100244 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | PA | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | -9.80% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100245 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | PA | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | -9.46% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100246 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | IL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 6.80% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100247 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | IL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100248 | XX/XX/XXXX | $XXX | $XXX | $XXX | 10.776% | XXXX | XXXX | XXXX | GA | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 10.78% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100249 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | GA | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100250 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | OH | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100251 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | OH | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100252 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | OK | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100253 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | OK | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100254 | XX/XX/XXXX | $XXX | $XXX | $XXX | 0.000% | XXXX | XXXX | XXXX | OK | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 0.00% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100255 | XX/XX/XXXX | $XXX | $XXX | $XXX | $XXX | 1.853% | XXXX | XXXX | XXXX | AL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 1.85% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100256 | XX/XX/XXXX | $XXX | $XXX | $XXX | $XXX | 7.253% | XXXX | XXXX | XXXX | AL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 7.25% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100257 | XX/XX/XXXX | $XXX | $XXX | $XXX | $XXX | 22.575% | XXXX | XXXX | XXXX | AL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 22.58% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100258 | XX/XX/XXXX | $XXX | $XXX | $XXX | $XXX | 11.771% | XXXX | XXXX | XXXX | AL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 11.77% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| XXXX | XXXX | VCC 2026-P2-100259 | XX/XX/XXXX | $XXX | $XXX | $XXX | $XXX | 2.507% | XXXX | XXXX | XXXX | AL | XXXX | $XX | XX/XX/XXXX | XX/XX/XXXX | Appraisal | XXXX | XXXX | XXXX | $XXX | $XXX | 2.51% | XX/XX/XXXX | XX/XX/XXXX | Desk Review | XXXX | N/A |