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Conditions Report XXX
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Loans in Report:
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XXX
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Loans with Conditions:
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XXX
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Loan Number
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Original Principal Balance
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State
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Initial Lender ATR/QM Status
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Loan Level ATR/QM Status
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Initial Securitization Overall Loan Grade
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Final Securitization Overall Loan Grade
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Initial Securitization Credit Loan Grade
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Final Securitization Credit Loan Grade
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Initial Securitization Property Valuations Loan Grade
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Final Securitization Property Valuations Loan Grade
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Initial Securitization Compliance Loan Grade
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Final Securitization Compliance Loan Grade
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Initial S&P Overall Loan Grade
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Final S&P Overall Loan Grade
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Initial S&P Credit Loan Grade
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Final S&P Credit Loan Grade
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Initial S&P Property Valuations Loan Grade
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Final S&P Property Valuations Loan Grade
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Initial S&P Compliance Loan Grade
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Final S&P Compliance Loan Grade
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Condition Category
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ConditionSub Category
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Condition Status
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Initial Securitization Condition Grade
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Final Securitization Condition Grade
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Initial S&P Condition Grade
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Final S&P Condition Grade
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Condition Code
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Condition Description
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Condition Material Indicator
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Initial Comments
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Client/Seller Response Comments
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Conclusion Comments
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TRID Error Type
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Cure Method
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Compensating Factors
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2026050409
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XXX
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XXX
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(No Data)
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ATR/QM: Exempt
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B
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B
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B
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B
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A
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A
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N/A
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N/A
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B
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B
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B
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B
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A
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A
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N/A
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N/A
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Credit
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LTV/CLTV
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Waived
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B
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B
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B
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B
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XXX
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LTV Exceeds Guideline Requirement by at least XXX%, but less than XXX%
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No
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Property has XXX acres, maximum is XXX acres for loans over XXX% LTV, this loan closed at XXX%. XXX considers this as non material, non
fatal, borrower is experienced investor with multiple investment properties, credit score is XXX/XXX minimum, and borrower has XXX months reserves/XXX required.
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XXX Client replied: XXX accepts XXX - Acknowledged by client.
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XXX Non-material exception remains. XXX Final grade XXX.
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(No Data)
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Not Applicable
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XXX: Verified cash reserves exceed guidelines
- XXX Comments: XXX months piti reserves
XXX: Credit score exceeds guidelines
- XXX Comments: Credit score is XXX and XXX is minimum.
XXX: Minimal use of credit
- XXX Comments: XXX% consumer credit utilization in file
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