Exhibit 99.05 - Schedule 1
| Client Name: | ||||||
| Client Project Name: | EFMT 2026-NQM10 | |||||
| Start - End Dates: | 11/21/2025 - 06/10/2026 | |||||
| Deal Loan Count: | 29 | |||||
| Conditions Report 2.0 | ||||||
| Loans in Report: | 29 | |||||
| Loans with Conditions: | 22 | |||||
| 15 - Total Active Conditions | ||||||
| 15 - Non-Material Conditions | ||||||
| 12 - Credit Review Scope | ||||||
| 2 - Category: Ability to Repay/Qualified Mortgage | ||||||
| 1 - Category: Assets | ||||||
| 3 - Category: Credit/Mtg History | ||||||
| 1 - Category: DTI | ||||||
| 4 - Category: LTV/CLTV | ||||||
| 1 - Category: Terms/Guidelines | ||||||
| 3 - Compliance Review Scope | ||||||
| 1 - Category: RESPA | ||||||
| 2 - Category: Texas Home Equity | ||||||
| 29 - Total Satisfied Conditions | ||||||
| 7 - Credit Review Scope | ||||||
| 1 - Category: DTI | ||||||
| 2 - Category: Income/Employment | ||||||
| 4 - Category: Legal Documents | ||||||
| 4 - Property Valuations Review Scope | ||||||
| 3 - Category: Appraisal | ||||||
| 1 - Category: Property | ||||||
| 18 - Compliance Review Scope | ||||||
| 3 - Category: Ability to Repay/Qualified Mortgage | ||||||
| 1 - Category: Texas Equity | ||||||
| 14 - Category: TILA/RESPA Integrated Disclosure | ||||||
| 0 - Total Waived Conditions | ||||||
| ©2026 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |