Velocity Commercial Capital Loan Trust 2026-5 ABS-15G
Exhibit 99.07
Exception Grades
Run Date - 10/27/2026 12:38:21 PM
| AMC Loan ID | Customer Loan ID | Edgar 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 | Exception Level Grade | Exception Level Rating | Note Date | Property State | Purpose | Exception Remediation | Overall Final Loan Grade |
Credit Final Loan Grade |
Compliance Final Loan Grade |
Property Final Loan Grade |
Is Curable |
| XXXXXXXXX | XXXXXXXXXX | VCC-2026-5-100316 | 37772089 | Credit | Credit | Credit Documentation | Credit | Primary occupancy is not allowed. | Lease in file has the guarantor renting property to someone with the same last name for an amount = 10% of the estimated market rent amount. | Reviewer Comment (2026-10-27): Per the client, the borrower received a significant cash-out and the market rent is enough to cover the payment in the event that the property is leased to another tenant. was further comforted by the low LTV. Buyer Comment (2026-10-22): The guarantor is renting the property to a family member; however, the loan is made to an entity where the sole member is the guarantor. The borrower signed all of the necessary business purpose documents and indicated that they live in another property that they own. |
3 | C | XX | Refinance - Cash-out - Other | C | C | No | ||||||||||||||
| VCC-2026-5-100294 | |||||||||||||||||||||||||||||||