EX-99.7 43 ea025949101_ex99-7sch3.htm SCHEDULE 3 - BUSINESS PURPOSE REPORT

Exhibit 99.7 Schedule 3

 

ASF Loan Number LoanRecordID Loan ID Seller Loan ID Investor Loan ID Seller Name Loan Program Documentation Type Executed NOO Docs in File Lease In Place Flag Actual In Place Rent Third Party Market Rent Estimate Third Party Rent Source Actual Short Term Rent Amount Actual Short Term Rent Source Short Term Rent Number of Months Short Term Rental Occupancy Factor Rental Income Used for Property DSCR Calculation Rental Source for Property DSCR Calculation DSCR Calculation Based On Short Rental Income Flag Property DTI Originator DSCR TPR DSCR PITIA Gross Rental Income Unit 1 Lease End Date Unit 1 Lease Term Unit 1 Gross Rental Income Unit 2 Lease End Date Unit 2 Lease Term Unit 2 Gross Rental Income Unit 3 Lease End Date Unit 3 Lease Term Unit 3 Gross Rental Income Unit 4 Lease End Date Unit 4 Lease Term Unit 4 Gross Rental Income Unit 5 Lease End Date Unit 5 Lease Term Unit 5 Gross Rental Income Unit 6 Lease End Date Unit 6 Lease Term Unit 6 Gross Rental Income Unit 7 Lease End Date Unit 7 Lease Term Unit 7 Gross Rental Income Unit 8+ Rent Loss Insurance Rent Loss Insurance Amount Fee Amount Acquisition Cost Renovation Cost Effective Gross Income Turnover Costs Repairs and Maintenance Marketing and Leasing Costs Utilities Other Costs Cap Ex Reserve Section 8 Blanket Mortgage/Cross Collateral Flag Number of Years Property Owned Number of Mortgaged Properties With Lender Number of Properties Securing Loan Foreign National Alternative Credit Documentation Months Reserves Loan Closed in the name of Business Entity Vested Business Entity Name Vested Business Entity Type Qualifying Primary Borrower Type Qualifying Primary Borrower First Name Qualifying Primary  Borrower  Last Name Qualifying CoBorrower Type Qualifying CoBorrower First Name Qualifying CoBorrower Last Name Qualifying CoBorrower 2 Type Qualifying CoBorrower 2 First Name Qualifying CoBorrower 2 Last Name Qualifying CoBorrower 3 Type Qualifying CoBorrower 3 First Name Qualifying CoBorrower 3 Last Name Non-Qualifying Guarantor 1 First Name Non-Qualifying Guarantor 1 Last Name Non-Qualifying Guarantor 1 Citizenship Non-Qualifying Guarantor 1 Country Name Non-Qualifying Guarantor 2 First Name Non-Qualifying Guarantor 2 Last Name Non-Qualifying Guarantor 2 Citizenship Non-Qualifying Guarantor 2 Country Name Personal Guaranty Total Number of Guarantors Personal Guaranty Recourse Level Business Entity EIN
400098350 XX XX     XX LoanStream - DSCR Debt Service Coverage Ratio Present Yes 1600 1700 Appraisal - 1007   N/A     1600 Actual In Place Rent No 89.39 1.119 1.119 1430.23 1600 07-04-2025 5                                       Yes 16500   0   1600             No No 0.6 1 1 N/A 59.92 Yes XX Limited Liability Corporation (LLC) Individual Guarantor XX XX                                   Yes 1 Full Recourse XX
400098332 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present Yes 3200 3300 Appraisal - 1025   N/A     3200 Actual In Place Rent No 87.7 1.17 1.14 2806.48 1500 04-30-2025 1 1700 02-28-2026 12                                 Yes 38900   XX   3200             No No 2.3 1 1 N/A 37.29 Yes XX Limited Liability Corporation (LLC) Individual Guarantor XX XX                                   Yes 1 Full Recourse XX
400100979 XX XX     XX A+ 12 Month Bank Statement Present Yes 900 4240 Appraisal - 1007   N/A     4240 Appraisal - 1007 No 110.39 0.0 0 4680.73 900 03-01-2025 24                                       No     XX   4240             No No 0.0 1 1 N/A 8.9 No     Vested Individual XX XX                                   N/A 0    
400098339 XX XX     XX A+ 1099 Verified Present No - Vacant 0   N/A   N/A       Actual In Place Rent No   0.0 0 2771.37                                             No     XX   0             No No 0.0 1 1 N/A 192.52 No     Vested Individual XX XX                                   N/A 0 N/A  
400100992 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present No 0 2125 Appraisal - 1007   N/A     2125 Appraisal - 1007 No 90.39 1.11 1.106 1920.84                                             Yes 38000   XX   2125             No No 0.0 1 1 N/A 17.21 No     Vested Individual XX XX                                     0    
400101002 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present Yes 4956 6400 Appraisal - 1025   N/A     6400 Appraisal - 1025 No 73.74 1.35 1.356 4719.41 1206 08-01-2021 12 850 07-31-2014 12 1400 09-30-2022 12 1500 10-06-2023 12                     Yes 46800   0   6400             No No 1.2 1 1 N/A 67.99 No     Individual XX XX                                     0    
400100985 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present Yes 2800 2200 Appraisal - 1007   N/A     2200 Appraisal - 1007 No 93.86 1.01 1.065 2064.91 2800 02-01-2026 12                                       Yes 12000       2200             No No 0.2 1 1 N/A 92.64 Yes XX Limited Liability Corporation (LLC) Individual Guarantor XX XX                                   Yes 1 Full Recourse XX
400100976 XX XX     XX B 12 Month Bank Statement Present No 0 3100 Appraisal - 1007   N/A     3100 Appraisal - 1007 No 113.88 0.0 0 3530.36                                             Yes 45000   0   3100             No No 0.0 1 1 N/A 122.51 No     Vested Individual XX XX                                     0    
400098315 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present Yes 8000 8200 Appraisal - 1025   N/A     8000 Actual In Place Rent No 89.48 1.118 1.118 7158.3 2000 03-14-2025 1 2000 03-14-2025 1 2000 03-14-2025 1 2000 03-14-2025 1                     Yes 102563       8000             No No 6.9 1 1 N/A 100.52 Yes XX Limited Liability Corporation (LLC) Individual Guarantor XX XX                                   Yes 1 Full Recourse XX
400100988 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present Yes 5000 5000 Appraisal - 1007   N/A     5000 Appraisal - 1007 No 91.32 1.095 1.095 4566.09 5000 08-31-2025 24                                       Yes 60000       5000             No No 15.4 1 1 N/A 111.71 No     Vested Individual XX XX                                   N/A 0    
400100993 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present Yes 11600 10950 Appraisal - 1025   N/A     10950 Appraisal - 1025 No 78.99 1.26 1.266 8649.34 3500 03-31-2026 12 2800 02-28-2027 24 2800 02-28-2026 12 2500 03-31-2026 12                     Yes 61800   XX   10950             No No 0.5 1 1 N/A 3.67 Yes XX Limited Liability Corporation (LLC) Individual Guarantor XX XX Individual Guarantor XX XX                             Yes 2 Full Recourse XX
400100987 XX XX     XX XX - DSCR Debt Service Coverage Ratio Present No 0 3800 Appraisal - 1025   N/A     3800 Appraisal - 1025 No 88.12 1.13 1.135 3348.41                                             Yes 38800       3800             No No 0.0 1 1 N/A 3.61 Yes XX Limited Liability Corporation (LLC) Individual Guarantor XX XX                                   Yes 1 Full Recourse XX
400104464 XX XX     XX xx - DSCR Debt Service Coverage Ratio Present Yes 7084 8500 Appraisal - 1025   N/A     7084 Actual In Place Rent No 86.4 1.157 1.157 6120.48 1560 03-26-2025 1 3990 03-26-2025 1 1534 03-26-2025 1                           Yes 104800   XX   7084             No No 1.8 1 1 N/A 22.15 No     Vested Individual XX XX                                   N/A 0 N/A