.3 Schedule 2

Rating Agency Grades

Run Date - 12/30/2025 4:32:14 PM

LOAN INFORMATION

INITIAL CREDIT LOAN GRADES

INITIAL COMPLIANCE LOAN GRADES

INITIAL PROPERTY LOAN GRADES

INITIAL OVERALL LOAN GRADES

FINAL CREDIT LOAN GRADES

FINAL COMPLIANCE LOAN GRADES

FINAL PROPERTY LOAN GRADES

FINAL OVERALL LOAN GRADES

Marketing ID

Evolve Loan ID

Customer Loan ID

Seller Loan ID

Original Loan Amount

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

DBRS

Fitch

Kroll

Moody's

S&P

900000979

XX

XX

XX

XX

C

C

C

C

C

N/A

N/A

N/A

N/A

N/A

A

A

A

A

A

C

C

C

C

C

B

B

B

B

B

N/A

N/A

N/A

N/A

N/A

A

A

A

A

A

B

B

B

B

B

900000982

XX

XX

XX

XX

A

A

A

A

A

C

C

C

C

C

A

A

A

A

A

C

C

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A