MFRA NQM DEPOSITOR, LLC ABS-15G
Exhibit 99.01 - Schedule 1
Loan Level Exception - Final Grades
| FINAL CREDIT LOAN GRADES | FINAL COMPLIANCE LOAN GRADES | FINAL PROPERTY LOAN GRADES | FINAL OVERALL LOAN GRADES | ||||||||||||||||||||||||||||||||||||||||||||
| AMC Loan ID | Customer Loan ID | EDGAR Loan ID | Borrower Name | Deal Number | Original Loan Amount | State | Note Date | Occupancy | Purpose | QM Status | Overall Grade | Credit Grade | Credit Exceptions | Credit Exception Information | Credit Exception Comments | Property Grade | Property Exceptions | Property Exception Information | Property Exception Comments | Compliance Grade | Compliance Exceptions | Compliance Exception Information | Compliance Exception Comments | Compliance Comp Factors | Compensating Factors | Subject to High Cost - Unable to Test | Disposition 2 | DBRS | Fitch | Kroll | Moody's | S&P | DBRS | Fitch | Kroll | Moody's | S&P | DBRS | Fitch | Kroll | Moody's | S&P | DBRS | Fitch | Kroll | Moody's | S&P |
| XXXX | XXXX | MFA 2026-NQM3-10000 | XXXXX | $XXX | XX | XX/XX/XXXX | Investment | Purchase | 1 | 1 | 1 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
- | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | ||||||||||||||
| XXXX | XXXX | MFA 2026-NQM3-10001 | XXXX XXXX | XXXXX | $XXX | XX | XX/XX/XXXX | Investment | Purchase | 1 | 1 | 1 | - | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | ||||||||||||||
| XXXX | XXXX | MFA 2026-NQM3-10002 | XXXX XXXX | XXXXX | $XXX | XX | XX/XX/XXXX | Investment | Purchase | 1 | 1 | 1 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
- | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | |||||||||||||
| XXXX | XXXX | MFA 2026-NQM3-10003 | XXXXX | $XXX | XX | XX/XX/XXXX | Investment | Refinance Cash-out - Other | 1 | 1 | 1 | - | A | A | A | A | A | N/A | N/A | N/A | N/A | N/A | A | A | A | A | A | A | A | A | A | A | |||||||||||||||