EX-99.08 9 ex99-08.htm CANOPY BUSINESS PURPOSE REPORT

 

MFA 2024-NQM1 Trust ABS-15G

EXHIBIT 99.08

 

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
66950 xxx   xxx Fixed Rate Debt Service Coverage Ratio Present Yes xxx 0 Lease         xxx Lease No 60.02 1.07 1.07 xxx   xxx xxx   xxx xxx   xxx xxx   xxx xxx                           xxx                     xxx 1 1 N/A 89.53 No     Vested Individual XXXX XXXX                                     0   xxx
66966 xxx   xxx Fixed Rate Debt Service Coverage Ratio Present Subject Owner Occupied/Vacant   xxx Appraisal - 1007         xxx Appraisal - 1007 No 96.94 1.03 1.03 xxx                                             Yes xxx   xxx                     xxx 1 1 N/A 0 No     Vested Individual XXXX XXXX                                     0    
68589 xxx   xxx Fixed Rate Debt Service Coverage Ratio Present Yes xxx xxx Appraisal - 1007         xxx Appraisal - 1007 No 118.43 0.84 0.84 xxx   xxx xxx                                       Yes xxx                         xxx 1 1 Credit Reference Letter 33.69 No     Vested Individual XXXX XXXX                                     0