|
Loan ID
|
Seller Loan ID
|
Investor Loan ID
|
Overall Initial Loan Grade
|
Overall Final Loan Grade
|
Credit Initial Loan Grade
|
Credit Current/Final Loan Grade
|
Compliance Initial Loan Grade
|
Compliance Current/Final Loan Grade
|
Property Initial Loan Grade
|
Property Current/Final Loan Grade
|
Queue
|
Finding Code
|
Date Created
|
Date Modified
|
Finding Status
|
Event Level
|
Initial Finding Grade
|
Current/Final Finding Grade
|
Finding Category
|
Finding Sub Category
|
Finding Name
|
Finding Comments
|
Seller Comments
|
Resolution Comments
|
Reviewer Comp Factor
|
Originator Comp Factors
|
Finding Documents
|
Originator QM Status
|
Final Reviewed QM Status
|
Loan Amount
|
Property State
|
Occupancy
|
Loan Purpose
|
Refinance Purpose
|
Acknowledged / WaivedBy
|
Waiver in File?
|
Unique Finding ID
|
|
409054754
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-03-23 07:45
|
2026-03-24 09:59
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Insurance
|
Inadequate Hazard Insurance Coverage - Amount of coverage is less than primary lien amount and/or the Replacement Cost Estimator Value
Provided by the Insurer
|
Resolved-Hazard Insurance Coverage Amount of $xxx is equal to or greater than the Subject Lien or replacement cost value of $xxx - Due
Diligence Vendor-03/24/2026
Ready for Review-Document Uploaded. The policy has 25% replacement cost. See attached the quote with details. It matches policy # and
premium is also the same - Seller-03/23/2026
Open-Inadequate Hazard Insurance Coverage and Replacement Cost Estimator was Provided - Hazard Insurance Coverage in the amount of $xxx is
less than the minimum required coverage amount of $xxx - Due Diligence Vendor-03/23/2026
|
Ready for Review-Document Uploaded. The policy has 25% replacement cost. See attached the quote with details. It matches policy # and
premium is also the same - Seller-03/23/2026
|
Resolved-Hazard Insurance Coverage Amount of $xxx is equal to or greater than the Subject Lien or replacement cost value of $xxx - Due
Diligence Vendor-03/24/2026
|
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of xxx% Is Below The Guideline Maximum Of xxx% By
Ten Percent (10%) Or More
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 19.38 Are Greater Than The Guideline
Minimum Of 6 By Six (6) Or More Months
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline
Minimum Of 700 By Twenty (20) or More Points
|
xxx
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
xxx
|
|||
|
409054771
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||||
|
409053308
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||||
|
409053328
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053329
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053330
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053331
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053309
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053333
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053319
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-05-07 15:24
|
2026-05-11 11:42
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Borrower
|
Citizenship Does Not Meet Guideline Requirements
|
Waived-EXCEPTION APPROVED TO CONTINUE AS NON-QM DUE TO BETTER PRICING THAN xxx AT TIME OF LOCK - BRW IS A NON-PERMANENT RESIDENT ALIEN. -
Due Diligence Vendor-05/11/2026
Open-EXCEPTION APPROVED TO CONTINUE AS NON-QM DUE TO BETTER PRICING THAN xxx AT TIME OF LOCK - BRW IS A NON-PERMANENT RESIDENT ALIEN.
- Due Diligence Vendor-05/07/2026
|
Waived-EXCEPTION APPROVED TO CONTINUE AS NON-QM DUE TO BETTER PRICING THAN xxx AT TIME OF LOCK - BRW IS A NON-PERMANENT RESIDENT ALIEN. -
Due Diligence Vendor-05/11/2026
|
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline
Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 30.71% Is Less Than The Guideline Maximum
Of 50% By Five Percent (5%) Or More
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At
Current Job - 8.72 Years
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line
Usage Ratio equals 0.24
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 47.02 Are Greater Than The Guideline
Minimum Of 3 By Six (6) Or More Months
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More -
12.32 Years
|
FICO 20+ points
DTI 5% below max
PITIA reserves above min by 6 months
5+ years on job
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
Originator Pre-Close
|
Yes
|
xxx
|
||||
|
409053310
|
B
|
B
|
B
|
B
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-05-07 05:05
|
2026-05-07 05:05
|
Waived
|
2 - Non-Material
|
B
|
B
|
Credit
|
Eligibility
|
Audited LTV Exceeds Guideline LTV
|
Waived-Audited LTV of xxx% exceeds Guideline LTV of xxx% xxx% LTV exception to xxx% LTV for P&L purchase
- Due Diligence Vendor-05/07/2026
|
Waived-Audited LTV of xxx% exceeds Guideline LTV of xxx% xxx% LTV exception to xxx% LTV for P&L purchase
- Due Diligence Vendor-05/07/2026
|
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit
Line Usage Ratio equals 0.01
Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Validated Borrower 1 Has Stable Time In Profession By Ten (10) Years Or
More - 16.33 Years
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years
At Current Job - 16.30 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 33.26% Is Less Than The
Guideline Maximum Of 50% By Five Percent (5%) Or More
Borrower At Current Residence For Five (5) Or More Years - Validated Borrower At Current Residence For Five (5) Or More Years - 10 Years
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Validated Qualifying FICO Of xxx is Greater Than The
Guideline Minimum Of 660 By Twenty (20) or More Points
|
FICO 20+ points DTI 5% below max Increase in residual income by 10%+
5+ years business ownership
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
Originator Pre-Close
|
Yes
|
xxx
|
||||
|
409053324
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053293
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054767
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054763
|
B
|
B
|
B
|
B
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-05-11 02:15
|
2026-05-11 02:15
|
Waived
|
2 - Non-Material
|
B
|
B
|
Credit
|
Eligibility
|
Neighborhood Location Not Allowed for Guidelines
|
Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program xxx - Due Diligence Vendor-05/11/2026
|
Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program xxx - Due Diligence Vendor-05/11/2026
|
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline
Minimum Of 660 By Twenty (20) or More Points
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At
Current Job - 6.19 Years
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 22.31% Is Less Than The Guideline Maximum
Of 50% By Five Percent (5%) Or More
|
1)FICO 20+ points 2)DTI 5% below max 3)PITIA reserves above min by 6 months 4)5+ years business ownership
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
Originator Pre-Close
|
Yes
|
xxx
|
||||
|
409054777
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054770
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054769
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||||
|
409054759
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053297
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409053348
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
||||||||||||||||||||
|
409053323
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054762
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Refinance
|
No Cash Out - Borrower Initiated
|
||||||||||||||||||||
|
409054773
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||||
|
409054768
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054785
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054764
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054760
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||||
|
409054765
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054766
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
||||||||||||||||||||
|
409054780
|
D
|
B
|
B
|
B
|
D
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-05-29 14:49
|
2026-06-05 09:47
|
Resolved
|
1 - Information
|
D
|
A
|
Compliance
|
Missing Doc - Closing Package
|
The Final 1003 is Incomplete
|
Resolved-The Final 1003 is Present - Due Diligence Vendor-06/05/2026
Resolved- - Due Diligence Vendor-06/05/2026
Ready for Review-Document Uploaded. - Seller-06/04/2026
Open-The Final 1003 is Incomplete 1003 Final Partial documents are available, missing pages 1 & 2. Provide Complete 1003 Final documents
including all pages. - Due Diligence Vendor-05/29/2026
|
Ready for Review-Document Uploaded. - Seller-06/04/2026
|
Resolved-The Final 1003 is Present - Due Diligence Vendor-06/05/2026
|
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline
Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 35.32% Is Less Than The Guideline Maximum
Of 50% By Five Percent (5%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line
Usage Ratio equals 0.02
|
xxx
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
xxx
|
|||
|
409054780
|
D
|
B
|
B
|
B
|
D
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-06-02 12:04
|
2026-06-02 12:05
|
Waived
|
2 - Non-Material
|
B
|
B
|
Credit
|
Eligibility
|
Audited LTV Exceeds Guideline LTV
|
Waived-Audited xxx% LTV Exceeds Guideline LTV maximum of xxx%. Section xxx limits non-permanent resident aliems using Expandied
Documentation to a maximum xxx% ltv. - Due Diligence Vendor-06/02/2026
|
Waived-Audited xxx% LTV Exceeds Guideline LTV maximum of xxx%. Section xxx limits non-permanent resident aliems using Expandied
Documentation to a maximum xxx% ltv. - Due Diligence Vendor-06/02/2026
|
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline
Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 35.32% Is Less Than The Guideline Maximum
Of 50% By Five Percent (5%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line
Usage Ratio equals 0.02
|
must have9 months reserves
0x30x12
max DTI 45%
cannot be xxx/declining
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
Originator Pre-Close
|
N/A
|
xxx
|
||||
|
409054776
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054761
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-06-03 18:22
|
2026-06-05 14:17
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-06/05/2026
Ready for Review-Document Uploaded. - Seller-06/04/2026
Open-Housing History Does Not Meet Guideline Requirements For Both B1 and B2 Provide A “Rent-Free” letter from the owner or leaseholder of
borrower’s current resident verifying borrower is living rent-free is required and provides the relationship between the borrower and property owner. Thoroughly verifying the property profile to ensure the letter is from
the correct individual.
- Due Diligence Vendor-06/03/2026
|
Ready for Review-Document Uploaded. - Seller-06/04/2026
|
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-06/05/2026
|
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline
Minimum Of 700 By Twenty (20) or More Points
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 36.88% Is Less Than The Guideline Maximum
Of 50% By Five Percent (5%) Or More
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 20.15 Are Greater Than The Guideline
Minimum Of 6 By Six (6) Or More Months
|
xxx
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
xxx
|
|||
|
409054786
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054782
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||||
|
409054756
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054757
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-06-03 05:57
|
2026-06-10 12:34
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc - Income
|
Borrower 1 Business Bank Statements Missing
|
Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-06/10/2026
Ready for Review-Document Uploaded. - Seller-06/10/2026
Counter-Apologies for the confusion, Per 1008 & Lenders Income worksheet 2 sets of Bank statements are being used, Still Missing xxx /
(xxx) - Due Diligence Vendor-06/10/2026
Ready for Review-Document Uploaded. - Seller-06/09/2026
Open-Borrower 1 Business Bank Statements Missing – Only five business bank statements were provided for Account #xxx. Statements available
in the file are dated xxx. Additional bank statements are required to satisfy documentation requirements. - Due Diligence Vendor-06/03/2026
|
Ready for Review-Document Uploaded. - Seller-06/10/2026
Ready for Review-Document Uploaded. - Seller-06/09/2026
|
Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-06/10/2026
|
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Validated Months Reserves Of 131.08 Are Greater Than The
Guideline Minimum Of 3 By Six (6) Or More Months
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Validated Calculated DTI Of 22.5% Is Less Than The
Guideline Maximum Of 50% By Five Percent (5%) Or More
Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Validated Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit
Line Usage Ratio equals 0.22
Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Validated Borrower 1 Has Stable Job Time Of Five (5) Or More Years
At Current Job - 6.41 Years
|
xxx
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Refinance
|
Cash Out - Other
|
N/A
|
N/A
|
xxx
|
|||
|
409054781
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054784
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054774
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||||
|
409054758
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-06-04 14:58
|
2026-06-04 15:05
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
Audited LTV Exceeds Guideline LTV
|
Waived-Exception approved to allow for DSCR < 1.25 with loan amount under $xxx. - Due Diligence Vendor-06/04/2026
Open-Audited LTV of xxx% exceeds Guideline LTV of xxx% xxx Max LTV for loan amount under $xxx. - Due Diligence Vendor-06/04/2026
|
Waived-Exception approved to allow for DSCR < 1.25 with loan amount under $xxx. - Due Diligence Vendor-06/04/2026
|
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - VALIDATED Original LTV Of xxx% Is Below The Guideline Maximum Of
xxx% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - VALIDATED Qualifying FICO Of xxx is Greater Than The
Guideline Minimum Of 740 By Twenty (20) or More Points
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - VALIDATED Months Reserves Of 246.75 Are Greater Than The
Guideline Minimum Of 2 By Six (6) Or More Months
|
FICO 20+ points
PITIA reserves above min by 6 months
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
Originator Pre-Close
|
Yes
|
xxx
|
||||
|
409054758
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
xxx
|
2026-06-04 15:03
|
2026-06-04 15:05
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Income
|
DSCR is less than the guideline minimum
|
Waived-Exception approved with compensating factors to allow for xxx% LTV with loan amount under $xxx. - Due Diligence Vendor-06/04/2026
Open-Calculated DSCR of 0.807 is less than guideline DSCR of 1.25. The minimum DSCR for a loan amount < $xxx is 1.25. - Due Diligence
Vendor-06/04/2026
|
Waived-Exception approved with compensating factors to allow for xxx% LTV with loan amount under $xxx. - Due Diligence Vendor-06/04/2026
|
Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - VALIDATED Original LTV Of xxx% Is Below The Guideline Maximum Of
xxx% By Ten Percent (10%) Or More
Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - VALIDATED Qualifying FICO Of xxx is Greater Than The
Guideline Minimum Of 740 By Twenty (20) or More Points
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - VALIDATED Months Reserves Of 246.75 Are Greater Than The
Guideline Minimum Of 2 By Six (6) Or More Months
|
FICO 20+ points
PITIA reserves above min by 6 months
|
ATR/QM: Not Applicable
|
ATR/QM: Not Applicable
|
xxx
|
xxx
|
Investment
|
Purchase
|
NA
|
Originator Pre-Close
|
Yes
|
xxx
|
||||
|
409054779
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
xxx
|
xxx
|
Primary Residence
|
Purchase
|
NA
|