SALUDA GRADE MORTGAGE FUNDING LLC ABS-15G

 

Exhibit 99.2 - Schedule 4

 

Loan ID Seller Loan ID Investor Loan ID Field Name Verified Value Bid Tape Value Comment
1000225389     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000225389     Qualifying All Borrower Residual Income XXX XXX Discrepancy resulting from variance between consumer debt on early and XXX-Day credit reports. In addition, Audit amount does not include Residual Income – Property Maintenance Adjustment. 
1000225389     Qualifying Total Debt Income Ratio XXX XXX Discrepancy resulting from variance between consumer debt on early and XXX-Day credit reports.
1000225389     Qualifying Total Reserves Number of Months XXX XXX Lender included cash out, which was ineligible when HCLTV is greater than XXX%.
1000236669     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000236669     Qualifying All Borrower Residual Income XXX XXX Rounding.
1000236669     Qualifying Housing Debt Income Ratio XXX XXX  
1000236669     Qualifying Total Debt Income Ratio XXX XXX  
1000236669     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000236651     Initial Monthly P&I Or IO Payment XXX XXX Audit value per Note
1000236651     Qualifying All Borrower Residual Income XXX XXX Lender did not included XXX% of collection account into liabilities
1000236651     Qualifying CLTV XXX XXX Matches 1008 but rounded up
1000236651     Qualifying Housing Debt Income Ratio XXX XXX  
1000236651     Qualifying Total Debt Income Ratio XXX XXX Lender did not included XXX% of collection account into liabilities
1000236651     Qualifying Total Reserves Number of Months XXX XXX only using cash out as reserves 
1000252962     Initial Monthly P&I Or IO Payment XXX XXX Trued data is the calculated Initial monthly payment. 
1000252962     Qualifying All Borrower Residual Income XXX XXX Lender using a lower P&I for 1st mortgage on subject property. There is a slight variance in the REO income. 
1000252962     Qualifying Housing Debt Income Ratio XXX XXX Lender using a lower P&I for 1st mortgage subject property.
1000252962     Qualifying Total Debt Income Ratio XXX XXX Lender using a lower P&I for 1st mortgage on subject property and there is a slight variance in the REO income due to not rounding. 
1000252962     Qualifying Total Reserves Number of Months XXX XXX Only using cash out as reserves
1000219264     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000219264     Qualifying All Borrower Residual Income XXX XXX Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports. In addition, Audit amount does not include Residual Income – Property Maintenance Adjustment. 
1000219264     Qualifying Housing Debt Income Ratio XXX XXX Rounding.
1000219264     Qualifying Total Debt Income Ratio XXX XXX Discrepancy resulting from variance between consumer debt on Broker and XXX-Day credit reports.
1000219264     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment and includes remaining draw of $XXX
1000225369     Initial Monthly P&I Or IO Payment XXX XXX QM payment entry by LM
1000225369     Qualifying All Borrower Residual Income XXX XXX Using QM payment
1000225369     Qualifying Total Debt Income Ratio XXX XXX Lender is using an updated credit report
1000225369     Qualifying Total Reserves Number of Months XXX XXX Per asset docs in the file, using QM payment
1000236662     Initial Monthly P&I Or IO Payment XXX XXX QM payment used
1000236662     Note Date XX/XX/XXXX XX/XX/XXXX This is the correct note date
1000236662     Qualifying All Borrower Residual Income XXX XXX Using QM payment and different credit report
1000236662     Qualifying Total Reserves Number of Months XXX XXX Per assets in the file
1000236656     Initial Monthly P&I Or IO Payment XXX XXX Audit value per Note
1000236656     Qualifying All Borrower Residual Income XXX XXX unable to verify, credit report is missing
1000236656     Qualifying Housing Debt Income Ratio XXX XXX unable to verify, credit report is missing
1000236656     Qualifying Total Debt Income Ratio XXX XXX unable to verify, credit report is missing
1000236656     Qualifying Total Reserves Number of Months XXX XXX cash in hand plus account balance as of closing
1000236665     Property Type PUD Single Family Detached Per appraisal/valuation
1000236665     Qualifying All Borrower Residual Income XXX XXX rounding
1000236665     Qualifying Housing Debt Income Ratio XXX XXX Added Association payment documented in the file.
1000236665     Qualifying Total Debt Income Ratio XXX XXX Added Association payment documented in the file.
1000236665     Qualifying Total Reserves Number of Months XXX XXX True Data reserves match verified assets vs True Source includes the cash out amount. 
1000236658     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000236658     Qualifying All Borrower Residual Income XXX XXX Rounding.
1000236658     Qualifying Housing Debt Income Ratio XXX XXX  
1000236658     Qualifying Total Debt Income Ratio XXX XXX  
1000236658     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment, and includes the remaining draw of $XXX
1000236670     Application Date XX/XX/XXXX XX/XX/XXXX The application date has been input as XX/XX/XXXX in the 1003 screen.
1000236670     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000236670     Qualifying All Borrower Residual Income XXX XXX The Lender used XXX  for the qualifying subject HELOC payment, whereas the correct qualifying payment was XXX 
1000236670     Qualifying Total Debt Income Ratio XXX XXX The Lender used XXX  for the qualifying subject HELOC payment, whereas the correct qualifying payment was XXX 
1000236670     Qualifying Total Reserves Number of Months XXX XXX The Lender used XXX  for the qualifying subject HELOC payment, whereas the correct qualifying payment was XXX 
1000236663     Initial Monthly P&I Or IO Payment XXX XXX Initial P&I
1000236663     Qualifying All Borrower Residual Income XXX XXX Rounding
1000236663     Qualifying Housing Debt Income Ratio XXX XXX Rounding
1000236663     Qualifying Total Reserves Number of Months XXX XXX only using cash out as reserves
1000236671     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000236671     Qualifying All Borrower Residual Income XXX XXX Lender used XXX for the Borrower’s XX/XX/XXXX gross business deposit, whereas the correct amount was XXX. In addition. Lender double-counted child support payment.
1000236671     Qualifying Total Debt Income Ratio XXX XXX Lender used XXX for the Borrower’s XX/XX/XXXX gross business deposit, whereas the correct amount was XXX. In addition. Lender double-counted child support payment.
1000236671     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000236671     Underwriting Exception in File? XXX XXX Lender exception granted for loan modification seasoning less than XXX years.
1000236661     Initial Monthly P&I Or IO Payment XXX XXX Using the QM payment
1000236661     Qualifying All Borrower Residual Income XXX XXX Audit is using the actual figures. There is a XXX cent income variance . All other figures match the 1008.  
1000236661     Qualifying Housing Debt Income Ratio XXX XXX  
1000236661     Qualifying Total Debt Income Ratio XXX XXX  
1000236661     Qualifying Total Reserves Number of Months XXX XXX Cash-out can not be used. HCLTV is over XXX%.
1000236659     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000236659     Qualifying All Borrower Residual Income XXX XXX Lender used XXX /mo for senior lien payment. Per a copy of the senior lien note, actual payment was XXX . In addition, Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000236659     Qualifying Housing Debt Income Ratio XXX XXX Lender used XXX /mo for senior lien payment. Per a copy of the senior lien note, actual payment was XXX . 
1000236659     Qualifying Total Debt Income Ratio XXX XXX Lender used XXX /mo for senior lien payment. Per a copy of the senior lien note, actual payment was XXX . In addition, Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000236659     Qualifying Total Reserves Number of Months XXX XXX Lender used XXX /mo for senior lien payment. Per a copy of the senior lien note, actual payment was XXX . In addition, Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000236666     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000236666     Qualifying All Borrower Residual Income XXX XXX Lender rounded the monthly REO payments down to the nearest dollar.
1000236666     Qualifying Total Debt Income Ratio XXX XXX Lender rounded the monthly REO payments down to the nearest dollar.
1000236666     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000236672     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien interest-only payment and not the initial subject Note payment. 
1000236672     Qualifying All Borrower Residual Income XXX XXX The Lender incorrectly used the Senior Lien payment of XXX  per month, which was the interest-only payment. However, the applicable Guidelines required the use of the fully-amortized payment, which was XXX 
1000236672     Qualifying Housing Debt Income Ratio XXX XXX The Lender incorrectly used the Senior Lien payment of XXX  per month, which was the interest-only payment. However, the applicable Guidelines required the use of the fully-amortized payment, which was XXX 
1000236672     Qualifying Total Debt Income Ratio XXX XXX The Lender incorrectly used the Senior Lien payment of XXX  per month, which was the interest-only payment. However, the applicable Guidelines required the use of the fully-amortized payment, which was XXX 
1000236672     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment. In addition, Tape reserves include cash out, which was ineligible when HCLTV is greater than XXX%. Further. the Lender incorrectly used the Senior Lien payment of XXX  per month, which was the interest-only payment. However, the applicable Guidelines required the use of the fully-amortized payment, which was XXX 
1000252952     Initial Monthly P&I Or IO Payment XXX XXX Initial Monthly P&I verified from Credit risk summary
1000252952     Qualifying All Borrower Residual Income XXX XXX Qualifying all borrower Residual income updated as per guidelines
1000252952     Qualifying Housing Debt Income Ratio XXX XXX rounded
1000252952     Qualifying Total Reserves Number of Months XXX XXX Qualifying Total Reserves number of Months is XXX
1000236652     Initial Monthly P&I Or IO Payment XXX XXX Initial P&I payment of the subject bs P&I payment of the existing lien. 
1000236652     Qualifying All Borrower Residual Income XXX XXX rounding
1000236652     Qualifying Housing Debt Income Ratio XXX XXX rounding
1000236652     Qualifying Total Debt Income Ratio XXX XXX rounding
1000236652     Qualifying Total Reserves Number of Months XXX XXX per cash out at closing
1000252949     Initial Monthly P&I Or IO Payment XXX XXX XXX per the subject note is base on the note rate. XXX is the 1st lien monthly P&I payment per the 1st lien mortgage statement in the loan file.
1000252949     Qualifying All Borrower Residual Income XXX XXX Verified per the income and liabilities verification documents in the loan file.
1000252949     Qualifying Total Reserves Number of Months XXX XXX Assets were verified per the asset documents in the loan file and the HELOC disbursement schedule document in the loan file.
1000252955     Initial Monthly P&I Or IO Payment XXX XXX XXX issue
1000252955     Qualifying All Borrower Residual Income XXX XXX Borrowers liabilities on the Credit report are selected on the initial 1003 as paid at closing.  No other information is available
1000252955     Qualifying Housing Debt Income Ratio XXX XXX Lender added REO rental income as other income vs. offsetting with other REO rent loss.
1000252955     Qualifying Total Debt Income Ratio XXX XXX Lender added REO rental income as other income vs. offsetting with other REO rent loss.
1000252955     Qualifying Total Reserves Number of Months XXX XXX Cash out is not available for my UW conclusion
1000252953     Qualifying All Borrower Residual Income XXX XXX Rounding.
1000252953     Qualifying Total Reserves Number of Months XXX XXX  
1000252963     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000252963     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment and includes the remaining draw of XXX
1000252951     Initial Monthly P&I Or IO Payment XXX XXX Tape amount is senior lien XXX payment.
1000252951     Qualifying All Borrower Residual Income XXX XXX Lender did not use the fully-amortized senior lien payment, as required by Guidelines.
1000252951     Qualifying Housing Debt Income Ratio XXX XXX I have calculated the Primary Housing Expenses XXX
1000252951     Qualifying Total Debt Income Ratio XXX XXX Lender did not use the fully-amortized senior lien payment, as required by Guidelines.
1000252951     Qualifying Total Reserves Number of Months XXX XXX Tape amount utilized initial Note payment and not the qualifying payment. In addition, Lender did not use the fully-amortized senior lien payment, as required by Guidelines.
1000252950     Initial Monthly P&I Or IO Payment XXX XXX Tape amount is senior lien PI payment.
1000252950     Qualifying All Borrower Residual Income XXX XXX Rounding.
1000252950     Qualifying Total Reserves Number of Months XXX XXX Tape amount utilized initial subject Note payment and not the qualifying payment. 
1000252954     Borrower 1 Origination Equifax XXX XXX Per credit report dated XX/XX/XXXX
1000252954     Borrower 1 Origination Experian XXX XXX Per credit report dated XX/XX/XXXX
1000252954     Borrower 1 Origination TransUnion XXX XXX Per credit report dated XX/XX/XXXX
1000252954     Initial Monthly P&I Or IO Payment XXX XXX QM payment discrepancy
1000252954     Qualifying All Borrower Residual Income XXX XXX Discrepancy in QM payment
1000252954     Qualifying Total Reserves Number of Months XXX XXX Discrepancy in QM payment
1000252961     Initial Monthly P&I Or IO Payment XXX XXX Initial P&I
1000252961     Qualifying All Borrower Residual Income XXX XXX Rounded down - cents removed
1000252961     Qualifying Total Reserves Number of Months XXX XXX Using cash out for reserves 
1000252957     Borrower 1 Origination Equifax XXX XXX Tape score is B2 score. Credit report in file has B2 as Applicant and B1 as Co-Applicant.
1000252957     Borrower 1 Origination Experian XXX XXX Tape score is B2 score. Credit report in file has B2 as Applicant and B1 as Co-Applicant.
1000252957     Borrower 1 Origination TransUnion XXX XXX Tape score is B2 score. Credit report in file has B2 as Applicant and B1 as Co-Applicant.
1000252957     Borrower 2 Origination Equifax XXX XXX Tape score is B2 score. Credit report in file has B2 as Applicant and B1 as Co-Applicant.
1000252957     Borrower 2 Origination Experian XXX XXX Tape score is B2 score. Credit report in file has B2 as Applicant and B1 as Co-Applicant.
1000252957     Borrower 2 Origination TransUnion XXX XXX Tape score is B2 score. Credit report in file has B2 as Applicant and B1 as Co-Applicant.
1000252957     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000252957     Qualifying All Borrower Residual Income XXX XXX Rounding.
1000252957     Qualifying CLTV XXX XXX  
1000252957     Qualifying LTV XXX XXX Rounding. 
1000252957     Qualifying Total Reserves Number of Months XXX XXX Tape reserves based on initial PI payment and not qualifying payment.
1000252959     Initial Monthly P&I Or IO Payment XXX XXX Tape value is senior lien payment and not the initial subject Note payment. 
1000252959     Qualifying All Borrower Residual Income XXX XXX Rounding.
1000252959     Qualifying Total Reserves Number of Months XXX XXX Tape data reflects reserves based on initial subject Note payment and not qualifying payment.
1000252956     Initial Monthly P&I Or IO Payment XXX XXX Tape Data of XXX matches the XXX P&I payment shown on the XXX, not the subject HELOC's initial payment. True Data of XXX is confirmed directly against the HELOC Note/Agreement (Loan #XXX) as the Initial Monthly P&I Or IO Payment for the second lien.
1000252956     Qualifying All Borrower Residual Income XXX XXX Minor rounding variance ($XXX) consistent with cents-level rounding in the underlying income/liability inputs. Not a data entry error. True Data confirmed via Residual Income calculation: Total Qualifying Income $XXX less Qualifying Total Monthly Liabilities $XXX
1000252956     Qualifying Housing Debt Income Ratio XXX XXX Minor rounding variance (XXX%), consistent with decimal rounding in DTI calculation. Not a data entry error. True Data confirmed via XXX (XXX% Primary Housing Expense/Income).
1000252956     Qualifying Total Debt Income Ratio XXX XXX Minor rounding variance (XXX%) in back-end DTI calculation. True Data of XXX% reflects corrected Reviewed Qualifying Terms P&I of $XXX
1000252956     Qualifying Total Reserves Number of Months XXX XXX Discrepancy driven by qualifying payment basis. Tape data appears to calculate reserves using the HELOC's initial XXX payment ($XXX) as the housing expense denominator, while True Data correctly uses the Reviewed Qualifying Terms repayment-period payment ($XXX) per XXX Guideline XXX (XXX loans qualified using PITIA amortized over Note Term less XXX Term). Higher qualifying payment reduces months of reserves coverage.