EX-99.67 68 ex99-67.htm SELENE BUSINESS PURPOSE REPORT

 

MFA 2024-NQM1 Trust ABS-15G

EXHIBIT 99.67

 

LoanRecordID Loan ID Seller Loan ID Investor Loan ID Seller Name Originator Name Loan Program Loan Program Date Guideline Name Guideline Author Documentation Type Executed NOO Docs in File Lease In Place Flag Actual In Place Rent Third Party Market Rent Estimate Third Party Rent Source Short Term Rent Amount Short Term Rent Source Short Term Rent Number of Months Rental Income Used for Property DSCR Calculation Rental Source for Property DTI 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 HOA Flag HOA Monthly Premium Amount Monthly Property Tax Monthly Insurance Cost Fee Amount Acquisition Cost Renovation Cost Effective Gross Income Turnover Costs Repairs and Maintenance Marketing and Leasing Costs Utilites 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 Deed Vesting if not Borrower Months Reserves Qualifying Credit Score Property Address Property City Property County Property State Property Zip 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 Default Interest Rate Present Default Interest Rate
61167 62263 XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Debt Service Coverage Ratio Present Yes 3495 3800 Lease       3495 Lease No 91.52 1.09 1.09 3198.54                                             No   No   474.75 50.26                       No 0.0 1 1     10 607 XXXX XXXX XXXX   XXXX No XXXX   Individual Guarantor XXXX XXXX   XXXX XXXX   XXXX XXXX   XXXX XXXX XXXX XXXX     XXXX XXXX       0        
64507 62285 XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Debt Service Coverage Ratio Present No 0 2900 Appraisal       2900   No 83.71 1.19 1.19 2427.63                                             Yes 29131.56 Yes 117 677.08 54.17                     No No 0.0 1 1 N/A   72 713 XXXX XXXX XXXX   XXXX No XXXX   Vested Individual XXXX XXXX   XXXX XXXX   XXXX XXXX   XXXX XXXX XXXX XXXX     XXXX XXXX       0        
64509 61245 XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Debt Service Coverage Ratio Present No   1800 Appraisal - 1007       1800 Appraisal - 1007 No 60.41 1.66 1.66 1087.3                                             Yes 43000 No   117.51 126                     No No   1 1     74 646 XXXX XXXX XXXX   XXXX No XXXX     XXXX XXXX   XXXX XXXX   XXXX XXXX   XXXX XXXX XXXX XXXX     XXXX XXXX       0        
65786 61284 XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Debt Service Coverage Ratio Present Yes 2500 2400 Lease       2400   No 60.33 1.66 1.66 1447.98                                             No   No   193.04 46.67                     No No   1 1     23 634 XXXX XXXX XXXX   XXXX No XXXX   Individual Guarantor XXXX XXXX   XXXX XXXX   XXXX XXXX   XXXX XXXX XXXX XXXX     XXXX XXXX       1        
67701 61313 XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Debt Service Coverage Ratio Present No 0 6200 Appraisal - 1007       6200   No 83.18 1.19 1.2 5157.42                                             Yes 50000 No   1484.83 110.09                     No No 1820.0 1 1 N/A   148 785 XXXX XXXX XXXX   XXXX No XXXX   Vested Individual XXXX XXXX   XXXX XXXX   XXXX XXXX   XXXX XXXX XXXX XXXX     XXXX XXXX       0        
70710 60393 XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Debt Service Coverage Ratio Present Yes 12000 12000 Appraisal - 1007       12000 Appraisal - 1007 No 94.04 1.02 1.02 11754.71   02-28-2022                                         Yes 150000 No   3564.03 344                     No No 122.0 1 1 N/A   63 779 XXXX XXXX XXXX   XXXX No XXXX   Vested Individual XXXX XXXX   XXXX XXXX   XXXX XXXX   XXXX XXXX XXXX XXXX     XXXX XXXX       0