SALUDA GRADE MORTGAGE FUNDING LLC ABS-15G
Exhibit 99.1 - Schedule 3
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| Exception Grades | ||||||||||||||||||||||||||||||||||||||||||||||||
| Run Date - 10/12/2026 9:15:10 AM | ||||||||||||||||||||||||||||||||||||||||||||||||
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| [Redacted] | 1000164263 | 1000164263 | 33135727 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: [redacted] Disaster End Date: [redacted] Disaster Name: [redacted] Disaster Declaration Date: [redacted] |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]. | Aggregator SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2024-11-26): Client acknowledged based on disaster inspection post declaration date that there was no damage to the property. |
11/26/2024 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redacted] | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | No |