Exhibit 99.03 - Schedule 3
| 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 |
| 2179918 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | ||||||||||||||||||||
| 2170890 | 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 | Second Home | Purchase | NA | ||||||||||||||||||||
| 2165597 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-05-07 13:13 | 2026-05-11 17:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. - Seller-05/11/2026 Open-Missing Third Party Fraud Report - Due Diligence Vendor-05/07/2026 |
Ready for Review-Document Uploaded. - Seller-05/11/2026 |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-05/11/2026 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.39 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months 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 - 7.41 Years 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 24.08% Is Less Than The Guideline Maximum Of 45% 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 0.0 |
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 | |||
| 2165599 | 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 | ||||||||||||||||||||
| 2165598 | 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 | ||||||||||||||||||||
| 2165596 | 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 | ||||||||||||||||||||
| 2167239 | 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 | ||||||||||||||||||||
| 2167236 | 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 | ||||||||||||||||||||
| 2179917 | B | B | B | B | A | A | A | A | Closed | FCRE1440 | 2026-05-13 13:24 | 2026-05-13 13:24 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements The borrower is living rent-free. An exception is requested for not meeting the 0X30X12 housing history requirement for escrow waiver eligibility. - Due Diligence Vendor-05/13/2026 | Waived-Housing History Does Not Meet Guideline Requirements The borrower is living rent-free. An exception is requested for not meeting the 0X30X12 housing history requirement for escrow waiver eligibility. - Due Diligence Vendor-05/13/2026 |
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 720 By Twenty (20) or More Points Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 33.45% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.17 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months 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 0.0 |
DTI <43%; FICO Score xxx | 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 | ||||
| 2167238 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-05-14 07:35 | 2026-05-20 11:44 | Resolved | 1 - Information | C | A | Compliance | TRID Tolerance | Charges That Cannot Increase Test | Resolved-***Received COC - Due Diligence Vendor-05/20/2026 Resolved- - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. COC - Seller-05/20/2026 Open-The following charges have been either added or increased: Credit Report resulting in a 0% tolerance cure in the amount of $xxx. Please provide COC event details dated within 3 days of additional/increased charges. Or 0% tolerance cure in the amount of $xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/14/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $xxx.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 |
Ready for Review-Document Uploaded. COC - Seller-05/20/2026 |
Resolved-***Received COC - Due Diligence Vendor-05/20/2026 |
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 43.32% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20.92 Years 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 - 23.00 Years |
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 | |||
| 2167238 | C | A | A | A | C | A | A | A | Closed | finding-3631 | 2026-05-14 07:35 | 2026-05-20 11:44 | Resolved | 1 - Information | C | A | Compliance | TRID Tolerance | Reimbursement Amount Validation Test | Resolved-***Received COC - Due Diligence Vendor-05/20/2026 Resolved- - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. - Seller-05/20/2026 Open-The following charges have been either added or increased: Credit Report resulting in a 0% tolerance cure in the amount of $xxx. Please provide COC event details dated within 3 days of additional/increased charges. Or 0% tolerance cure in the amount of $xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 |
Ready for Review-Document Uploaded. - Seller-05/20/2026 |
Resolved-***Received COC - Due Diligence Vendor-05/20/2026 |
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 43.32% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20.92 Years 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 - 23.00 Years |
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 | |||
| 2167238 | C | A | A | A | C | A | A | A | Closed | finding-3632 | 2026-05-14 07:35 | 2026-05-20 11:44 | Resolved | 1 - Information | C | A | Compliance | Disclosures (Federal, State, and Data Dependent) | Consummation or Reimbursement Date Validation Test | Resolved-***Received COC - Due Diligence Vendor-05/20/2026 Resolved- - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. - Seller-05/20/2026 Open-The following charges have been either added or increased: Credit Report resulting in a 0% tolerance cure in the amount of $xxx. Please provide COC event details dated within 3 days of additional/increased charges. Or 0% tolerance cure in the amount of $xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/14/2026 Open- - Due Diligence Vendor-05/14/2026 |
Ready for Review-Document Uploaded. - Seller-05/20/2026 |
Resolved-***Received COC - Due Diligence Vendor-05/20/2026 |
Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 43.32% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20.92 Years 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 - 23.00 Years |
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 | |||
| 2170891 | 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 | ||||||||||||||||||||
| 2182148 | D | B | C | B | D | A | A | A | Closed | FCOM1220 | 2026-05-19 09:39 | 2026-07-06 15:00 | Resolved | 1 - Information | D | A | Compliance | Missing Doc - Closing Package | The Deed of Trust is Missing | Resolved-Document Uploaded. - Due Diligence Vendor-07/06/2026 Resolved-The Deed of Trust is Present - Due Diligence Vendor-05/21/2026 Ready for Review-Document Uploaded. - Buyer-05/20/2026 Open-The Deed of Trust is Missing - Due Diligence Vendor-05/19/2026 |
Resolved-Document Uploaded. - Due Diligence Vendor-07/06/2026 Resolved-The Deed of Trust is Present - Due Diligence Vendor-05/21/2026 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 234.21 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||||
| 2182148 | D | B | C | B | D | A | A | A | Closed | FCRE1194 | 2026-05-19 11:13 | 2026-05-21 08:25 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted with supporting comp factors: Approved exception to go up to 70% ltv on a xxx DSCR cash out refinance - Due Diligence Vendor-05/21/2026 Ready for Review-Document Uploaded. - Seller-05/20/2026 Open-Audited LTV of 70% exceeds Guideline LTV of 65% Missing lender exception for exceeding the program max LTV of 65% per the Foreign National DSCR matrix. - Due Diligence Vendor-05/19/2026 |
Ready for Review-Document Uploaded. - Seller-05/20/2026 |
Waived-Exception granted with supporting comp factors: Approved exception to go up to 70% ltv on a xxx DSCR cash out refinance - Due Diligence Vendor-05/21/2026 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 234.21 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | Experienced STR investor with ownership spanning more than 5 years DSCR is 2.418 Reserves available 234 months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx | ||
| 2182148 | D | B | C | B | D | A | A | A | Closed | FCOM1229 | 2026-05-19 10:47 | 2026-05-21 08:19 | Resolved | 1 - Information | D | A | Compliance | Missing Doc - Closing Package | 1-4 Family Rider is Missing | Resolved-DOC PROVIDED - Due Diligence Vendor-05/21/2026 Ready for Review-see DOT - Buyer-05/20/2026 Open-1-4 Family Rider is Missing - Due Diligence Vendor-05/20/2026 Rescinded-1-4 Family Rider is Missing Waiting for DOT in which should clarify this upon receipt. - Due Diligence Vendor-05/19/2026 |
Resolved-DOC PROVIDED - Due Diligence Vendor-05/21/2026 Rescinded-1-4 Family Rider is Missing Waiting for DOT in which should clarify this upon receipt. - Due Diligence Vendor-05/19/2026 |
Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 234.21 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | |||||
| 2167237 | 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 | ||||||||||||||||||||
| 2173118 | 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 | ||||||||||||||||||||
| 2173123 | 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 | ||||||||||||||||||||
| 2173119 | C | A | A | A | C | A | A | A | Closed | finding-47 | 2026-05-27 08:35 | 2026-06-01 20:26 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-06/02/2026 Ready for Review-Document Uploaded. - Seller-05/29/2026 Open-This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. ******* Borrower executed documents on xxx. After Final Closing Disclosure Disbursement date of xxx. Please provide Post Consummation Closing Disclosure with actual disbursement date - Due Diligence Vendor-05/27/2026 Open- - Due Diligence Vendor-05/28/2026 Open- - Due Diligence Vendor-05/27/2026 Open- - Due Diligence Vendor-05/27/2026 |
Ready for Review-Document Uploaded. - Seller-05/29/2026 |
Resolved-PCCD received, data entered, no additional compliance findings. Thank you - Due Diligence Vendor-06/02/2026 |
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 0.14 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 - 18.21 Years 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 - 20.08 Years |
xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx | |||
| 2173125 | 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 | ||||||||||||||||||||
| 2179919 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | ||||||||||||||||||||
| 2179920 | B | B | B | B | A | A | A | A | Closed | FCRE6763 | 2026-05-29 06:45 | 2026-05-29 06:45 | Waived | 2 - Non-Material | B | B | Credit | Income | Income documentation does not meet guidelines | Waived-EXCEPTION TO USE 2 DIFFERENT BUSINESS FOR INCOME QUALIFICATION. (xxx - Due Diligence Vendor-05/29/2026 | Waived-EXCEPTION TO USE 2 DIFFERENT BUSINESS FOR INCOME QUALIFICATION. (xxx - Due Diligence Vendor-05/29/2026 |
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 31.44% 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 71.71 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months 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 - 7.68 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 0.0 |
1. FICO 801 2. RESIDUAL INCOME $35,791.99 3. SELF-EMPLOYED FOR 8 YEARS. 4. DTI IS 31.397% |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx | ||||
| 2179966 | D | A | A | A | D | A | C | A | Closed | FPRO5432 | 2026-06-02 18:34 | 2026-06-19 15:38 | Resolved | 1 - Information | C | A | Property | Property Issue | Appraisal Indicates Potential Safety Concern | Resolved-Lender provided 1004D showing smoke detectors present. - Due Diligence Vendor-06/19/2026 Ready for Review-Document Uploaded. - Buyer-06/18/2026 Open-Appraisal is missing any mention of smoke detectors - Due Diligence Vendor-06/02/2026 |
Resolved-Lender provided 1004D showing smoke detectors present. - Due Diligence Vendor-06/19/2026 |
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 At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 12.83 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 72.2 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||||
| 2179966 | D | A | A | A | D | A | C | A | Closed | FCOM1229 | 2026-06-01 04:26 | 2026-06-19 15:37 | Resolved | 1 - Information | D | A | Compliance | Missing Doc - Closing Package | 1-4 Family Rider is Missing | Resolved-The 1-4 Family Rider is Present - Due Diligence Vendor-06/19/2026 Resolved-Assignments of Leases and Rent Rider provided - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. N/A - Assignment of Leases & Rents Rider included in lieu - Buyer-06/03/2026 Open-1-4 Family Rider is Missing - Due Diligence Vendor-06/01/2026 |
Resolved-The 1-4 Family Rider is Present - Due Diligence Vendor-06/19/2026 Resolved-Assignments of Leases and Rent Rider provided - Due Diligence Vendor-06/04/2026 |
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 At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 12.83 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 72.2 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||||
| 2179966 | D | A | A | A | D | A | C | A | Closed | FCOM1220 | 2026-06-01 03:30 | 2026-06-04 08:29 | Resolved | 1 - Information | D | A | Compliance | Missing Doc - Closing Package | The Deed of Trust is Missing | Resolved-The Deed of Trust is Present - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. - Buyer-06/03/2026 Open-The Deed of Trust is Missing - Due Diligence Vendor-06/01/2026 |
Resolved-The Deed of Trust is Present - Due Diligence Vendor-06/04/2026 |
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 At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 12.83 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 72.2 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||||
| 2179963 | C | A | C | A | A | A | A | A | Closed | FCRE1195 | 2026-06-04 16:18 | 2026-06-25 14:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Resolved-Audited CLTV of 80% is less than or equal to Guideline CLTV of 80% - Due Diligence Vendor-06/25/2026 Resolved-Document Uploaded. XXXX Matrix provided - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. we show something different on the XXXX matric - Buyer-06/15/2026 Counter-Document Uploaded. Loan was locked as 'Full Doc" Income - Per Guidelines Matrix: max LTV of 75% for a C/O investment property. - Due Diligence Vendor-06/11/2026 Ready for Review-Document Uploaded. - Seller-06/09/2026 Open-Audited CLTV of 80% exceeds Guideline CLTV of 75% Max LTV for a C/O investment property is 75% per guidelines - Loan closed at 80% LTV - No exception or AUS was found in the file. - Due Diligence Vendor-06/04/2026 |
Ready for Review-Document Uploaded. - Seller-06/09/2026 |
Resolved-Audited CLTV of 80% is less than or equal to Guideline CLTV of 80% - Due Diligence Vendor-06/25/2026 Resolved-Document Uploaded. XXXX Matrix provided - Due Diligence Vendor-06/25/2026 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.00 Years 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 720 By Twenty (20) or More Points 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 - 13.00 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 34.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | |||
| 2179963 | C | A | C | A | A | A | A | A | Closed | FCRE1194 | 2026-06-04 16:18 | 2026-06-25 14:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of 80% is less than or equal to Guideline LTV of 80% - Due Diligence Vendor-06/25/2026 Resolved-Document Uploaded. XXXX Matric provided - Due Diligence Vendor-06/25/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% Max LTV for a C/O investment property is 75% per guidelines - Loan closed at 80% LTV - No exception or AUS was found in the file. - Due Diligence Vendor-06/04/2026 |
Resolved-Audited LTV of 80% is less than or equal to Guideline LTV of 80% - Due Diligence Vendor-06/25/2026 Resolved-Document Uploaded. XXXX Matric provided - Due Diligence Vendor-06/25/2026 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.00 Years 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 720 By Twenty (20) or More Points 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 - 13.00 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 34.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | ||||
| 2179963 | C | A | C | A | A | A | A | A | Closed | FCRE1193 | 2026-06-04 16:36 | 2026-06-25 14:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of 47.92% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-06/25/2026 Ready for Review-Yearend paystubs were in file. The work number VOE shows that there is more bonus income then what the manual WVOE provided. And if you add the amounts on the paystub to reach what the work number VOE equals, then you get the amount for the bonus income. If you take retro, coverage and sign on, that equals the xxx on the work number. On xxx I didn't even include the recognition bonus just the retro and coverage, so I used a lower amount. The W2 matches what was on the work number WVOE, proving more that the manual WVOE is incorrect. I should of removed this. That part is on me. - Due Diligence Vendor-06/25/2026 Open-Audited DTI of 50.14% exceeds Guideline DTI of 50% Written VOE (pg xxx) reflects a prior year (xxx) bonus income of $xxx, however the lender income worksheet showed they used YTD xxx bonus income of $xxx for qualification - Borrower's end of year paystub for xxx has an additional payout of $xxx for 'xxx' however there is no information in the file on what this additional income is and there is no evidence of continuous. It is unclear why the lender used a YTD bonus income average of $xxx. Using a YTD + Previous year bonus income average results in $xxx monthly bonus income. Using this income increases the DTI above 50%, which exceeds guidelines. Additionally the WVOE reflects that borrower's base pay has declined from xxx ($xxx) to xxx ($xxx)- there is no explanation for this in the file It should also be noted that the WVOE xxx total income does not match the xxx W2. There is no LOX or other explanation for income in the file and QC is unable to determine how bonus was calculated - Due Diligence Vendor-06/04/2026 |
Resolved-Audited DTI of 47.92% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-06/25/2026 |
Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.00 Years 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 720 By Twenty (20) or More Points 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 - 13.00 Years Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 34.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months |
ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx | |||||
| 2179962 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | ||||||||||||||||||||
| 2179964 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | ||||||||||||||||||||
| 2179965 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | ||||||||||||||||||||
| 2179045 | 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 | ||||||||||||||||||||
| 2179969 | 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 | ||||||||||||||||||||
| 2179967 | 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 | ||||||||||||||||||||
| 2164807 | 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 | ||||||||||||||||||||
| 2174663 | 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 | ||||||||||||||||||||
| 2183701 | 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 | ||||||||||||||||||||
| 2187173 | 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 | ||||||||||||||||||||
| 2187174 | 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 | ||||||||||||||||||||
| 2187184 | 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 |