EX-99.26 27 ex99-26.htm CLARIFII BUSINESS PURPOSE REPORT

 

EFMT DEPOSITOR LLC ABS-15G

Exhibit 99.26

 

Loan ID Seller Loan ID Redaction 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
XXXXX   374819 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 2500 Appraisal - 1025   N/A     2500 Appraisal - 1025 No 71.96 1.389 1.39 1799.02                                             Yes     XXXXX   2500               No 0.2 1 1 N/A 116.71 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX Individual Guarantor XXXXX XXXXX                             Yes 2 Full Recourse XXXXX
XXXXX   378918 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1500 Appraisal - 1007   N/A     1500 Appraisal - 1007 No 76.19 1.31 1.312 1142.87                                             Yes         1500               No 0.0 1 1 N/A 98.45 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                               0    
XXXXX   383804 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1520 Appraisal - 1007   N/A     1520 Appraisal - 1007 No 87.35 1.145 1.145 1327.77                                             Yes         1520               No 1.3 1 1 N/A 19.16 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   385692 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 2900 Appraisal - 1007   N/A     2900 Appraisal - 1007 No 94.23 1.06 1.061 2732.81                                             Yes         2900             No No 0.0 1 1 N/A 8.1 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                               0    
XXXXX   386453 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1200 Appraisal - 1007   N/A     1200 Appraisal - 1007 No 107.51 0.93 0.93 1290.17                                             Yes         1200               No 0.3 1 1 N/A 11.31 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                   XXXXX XXXXX XXXXX XXXXX         Yes 2 Full Recourse XXXXX
XXXXX   389170 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 900 Appraisal - 1007   N/A     900 Appraisal - 1007 No 86.52 1.15 1.156 778.69                                             Yes     XXXXX   900             No No 0.2 1 1 N/A 120.2 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX Individual Guarantor XXXXX XXXXX                             Yes 2 Full Recourse XXXXX
XXXXX   391349 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 3340 Appraisal - 1007   N/A     3340 Appraisal - 1007 No 90.24 1.1 1.108 3014                                             Yes         3340               No 0.0 1 1 N/A 67 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX Individual Guarantor                 XXXXX XXXXX XXXXX XXXXX         Yes 3 Full Recourse XXXXX
XXXXX   391351 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 6250 Appraisal - 1007 5000 Other 1   5000 Other Yes 62.05 1.6 1.612 3102.35                                                       5000               No 0.0 1 1 N/A 22.82 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   392677 XXXXX XXXXX Debt Service Coverage Ratio Present Yes 3600 3600 Appraisal - 1007   N/A     3600 Appraisal - 1007 No 87.18 1.14 1.147 3138.56 3600 04-01-2025 12                                       Yes         3600               No 2.7 1 1 N/A 26.75 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   392680 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1220 Short Term Rental 1525 Other 12   1220 Short Term Rental Yes 99.74 1.0 1.003 1216.85                                             Yes         1220               No 1.5 1 1 N/A 84.77 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   392688 XXXXX XXXXX Debt Service Coverage Ratio Present Yes 4250 3900 Appraisal - 1025   N/A     3900 Appraisal - 1025 No 93.7 1.06 1.067 3654.13 2375 09-30-2024 12 1875 09-30-2024 12                                 Yes         3900               No 9.3 1 1 N/A 108.41 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                               0    
XXXXX   393385 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 5600 Appraisal - 1025   N/A     5600 Appraisal - 1025 No 51.68 1.93 1.935 2894.18                                             Yes         5600               No 0.3 1 1 N/A 15.25 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX Individual Guarantor XXXXX XXXXX                             Yes 2 Full Recourse XXXXX
XXXXX   395025 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 4000 Appraisal - 1025   N/A     4000 Appraisal - 1025 No 111.65 0.89 0.896 4466.04                                             Yes         4000               No 4.9 1 1 N/A 21.98 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   395026 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 2815 Appraisal - 1007   N/A     2815 Appraisal - 1007 No 65.55 1.52 1.526 1845.21                                             Yes         2815               No 0.0 1 1 Credit Reference Letter 245.31 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   395028 XXXXX XXXXX 1YR Full Doc Present No 0 2025 Appraisal - 1025   N/A     2025 Appraisal - 1025 No   0.0 0 1502.75                                             Yes         2025               No 0.1 1 1 N/A 24.91 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   396275 XXXXX XXXXX Debt Service Coverage Ratio Present Yes 3240 3425 Appraisal - 1025   N/A     3425 Appraisal - 1025 No 59.5 1.84 1.681 2037.84 825 09-06-2024 1 825 09-06-2024 1 795 09-06-2024 1 795 09-06-2024 1                     Yes     XXXXX   3425               No 5.4 1 1 N/A 41.98 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   396276 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 3300 Appraisal - 1007   N/A     3300 Appraisal - 1007 No 99.53 1.0 1.005 3284.53                                             Yes         3300               No 13.8 1 1 N/A 113.44 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                   XXXXX XXXXX XXXXX XXXXX         Yes 2 Full Recourse XXXXX
XXXXX   396279 XXXXX XXXXX Debt Service Coverage Ratio Present Yes 1800 2100 Appraisal - 1007   N/A     2100 Appraisal - 1007 No 85.37 1.17 1.171 1792.84 1800 08-01-2025 12                                       Yes         2100               No 1.4 1 1 N/A 35.84 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   396792 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 3989 Appraisal - 1007 3191.2 Other 1   3191.2 Other Yes 82.47 1.21 1.213 2631.77                                                       3191.2               No 0.0 1 1 N/A 12.04 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   396795 XXXXX XXXXX 12 Month Bank Statement Present No 0 2500 Appraisal - 1007   N/A     2500 Appraisal - 1007 No 134.02 0.0 0 3350.49                                             Yes         2500               No 0.0 1 1 N/A 43.16 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                               0    
XXXXX   396796 XXXXX XXXXX 2YR Full Doc Present No 0 6295 Appraisal - 1007 5337 Other 12     Actual In Place Rent No   0.0 0 6452.57                                             N/A         0               No 0.0 1 1 N/A 16.64 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                               0    
XXXXX   397524 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1400 Appraisal - 1007   N/A     1400 Appraisal - 1007 No 95.39 1.04 1.048 1335.4                                             Yes         1400               No 0.4 1 1 N/A 107.34 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                         0    
XXXXX   397525 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1850 Appraisal - 1007   N/A     1850 Appraisal - 1007 No 78.75 1.26 1.27 1456.93                                             Yes         1850               No 10.5 1 1 N/A 110.48 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   397526 XXXXX XXXXX Debt Service Coverage Ratio Present Yes 1000 1050 Appraisal - 1007   N/A     1050 Appraisal - 1007 No 99.47 1.0 1.005 1044.39 1000 07-01-2024 12                                                 1050               No 18.5 1 1 N/A 24.6 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   398747 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 3350 Appraisal - 1007   N/A     3350 Appraisal - 1007 No 127.61 0.83 0.784 4274.78                                             Yes         3350               No 0.0 1 1 N/A 25.66 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   398911 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1750 Appraisal - 1007   N/A     1750 Appraisal - 1007 No 123.35 0.81 0.811 2158.63                                             Yes         1750               No 18.4 1 1 N/A 53.09 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                   XXXXX XXXXX             Yes 2 Full Recourse XXXXX
XXXXX   398914 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 5200 Appraisal - 1025   N/A     5200 Appraisal - 1025 No 72.36 1.38 1.382 3762.92                                             Yes         5200               No 0.8 1 1 N/A 15.16 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   398915 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 2000 Appraisal - 1007   N/A     2000 Appraisal - 1007 No 76.87 1.3 1.301 1537.32                                                       2000               No 0.0 1 1 N/A 1376.25 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   400653 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1500 Appraisal - 1007   N/A     1500 Appraisal - 1007 No 93.35 1.07 1.071 1400.18                                             Yes         1500               No 1.2 1 1 N/A 31.14 No     Vested Individual XXXXX XXXXX Vested Individual XXXXX XXXXX                               0    
XXXXX   400655 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 8550 Appraisal - 1025   N/A     8550 Appraisal - 1025 No 71.2 1.4 1.404 6087.91                                             Yes         8550               No 17.6 1 1 N/A 35.91 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   400656 XXXXX XXXXX 12 Month Bank Statement Present No 0 8800 Appraisal - 1007   N/A     8800 Appraisal - 1007 No 54.88 0.0 0 4829.05                                             Yes     XXXXX   8800             No No 2.5 1 1 N/A 57.43 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   401906 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 3300 Appraisal - 1025   N/A     3300 Appraisal - 1025 No 86.1 1.161 1.161 2841.4                                             Yes     XXXXX   3300               No 1.1 1 1 N/A 95.05 No     Vested Individual XXXXX XXXXX                                     0    
XXXXX   401908 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1430 Appraisal - 1007   N/A     1430 Appraisal - 1007 No 98.97   1.01 1415.23                                             Yes         1430               No 0.9 1 1 N/A 7.55 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                   XXXXX XXXXX XXXXX XXXXX         Yes 2 Full Recourse XXXXX
XXXXX   403593 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 2100 Appraisal - 1007   N/A     2100 Appraisal - 1007 No 97.46 1.02 1.026 2046.68                                             Yes         2100               No 1.0 1 1 N/A 109.59 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   404746 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 1650 Appraisal - 1007   N/A     1650 Appraisal - 1007 No 96.13 1.04 1.04 1586.07                                             Yes         1650               No 0.6 1 1 N/A 43.09 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   404749 XXXXX XXXXX Debt Service Coverage Ratio Present No 0 2200 Appraisal - 1007   N/A     2200 Appraisal - 1007 No 75.01 1.33 1.333 1650.3                                                       2200               No 5.4 2 1 N/A 90.69 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                                   Yes 1 Full Recourse XXXXX
XXXXX   404750 XXXXX XXXXX Debt Service Coverage Ratio Present Yes 2535 2200 Appraisal - 1007   N/A     2200 Appraisal - 1007 No 80.93 1.24 1.236 1780.56 2535 08-31-2025 12                                                 2200               No 2.7 2 1 N/A 83.27 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX                   XXXXX XXXXX XXXXX XXXXX         Yes 2 Full Recourse XXXXX
XXXXX   406619 XXXXX XXXXX 12 Month Bank Statement Present No 0 3000 Appraisal - 1007   N/A     3000 Appraisal - 1007 No 137.18 0.0 0 4115.51                                             Yes     XXXXX 60046.25 3000               No 0.4 1 1 N/A 12.12 Yes XXXXX Limited Liability Corporation (LLC) Individual Guarantor XXXXX XXXXX Individual Guarantor XXXXX XXXXX                             Yes 2 Full Recourse XXXXX