FINSIGHT

PFP Ltd

Deals

,,,

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U	IID	53.751	2.00	8.00	IY	-	AAA-	-	-	64.30%	-	Tofoqeub	PZST	-	-	-	-	-
Z	RQE	22.123	1.00	9.00	KR	-	B-	-	-	99.00%	-	Wjszrjlu	GDSA	-	-	-	-	-
Djzf	UAS	12.134	-	-	MX	-	TA	-	-	-	-	-	-	-	-	-	-	Retained
U	ZWZ	327.274	1.86	9.11	Lxx	-	XXX	-	-	31.10%	-	Khfzktjw	BANM	-	-	-	-	-
Q	FYT	45.840	2.00	3.00	TZ	-	J-	-	-	8.20%	-	Cbljtksk	AJWL	-	-	-	-	Retained
D-J	QFX	123.742	4.64	7.28	KT	-	FFF	-	-	15.00%	-	Tswwcius	GGLW	-	-	-	-	-
S	LRK	28.188	8.00	5.00	KD	-	GGG	-	-	81.00%	-	Vwjpufqf	CKQX	-	-	-	-	-
R	WIE	48.451	3.98	7.00	SV	-	TT-	-	-	57.75%	-	Kbjtptbk	PAHO	-	-	-	-	-
T	ICG	50.370	3.00	6.00	QR	-	NN-	-	-	3.39%	-	Yeqecrqr	EYXP	-	-	-	-	Retained

Tranche Comments

U: First Pay: 2025-07-18; Registration: 144K/Dvi X; D-J: First Pay: 2025-07-18; Registration: 144F/Gqb F; R: First Pay: 2025-07-18; Registration: 144X/Yst O; Z: First Pay: 2025-07-18; Registration: 144I/Fvx W; S: First Pay: 2025-07-18; Registration: 144C/Xzk E; U: First Pay: 2025-07-18; Registration: 144E/Ovy J; T: First Pay: 2025-07-18; Registration: 144W/Dnw B; Q: First Pay: 2025-07-18; Registration: 144P/Axj B; Djzf: First Pay: 2025-07-18; Registration: 144U/Zjy E;

Deal Comments

Ikb-Qfss Onvhkir 2.50

Risk Retention

IW - Imjh WI/IX - Imj

Cut-Off Balance ($mm)

455.536808

# of Loans

# of Properties

WA Cut-Off LTV

91.3

WA Seasoning (Months)

Reinvestment Period (YRS)

3.5

Prime Finance

,,,,

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T	HGO	506.980	9.61	6.57	Xnn	-	-	-	FFF	16.00%	-	Pdpzdqxi	VCLJ	190	-	GJOD+190	-	75.38000
V	YZA	99.348	6.52	4.60	OG	-	-	-	VV-	18.29%	-	Bzopadjq	LDZV	255s	-	PLSD+255	-	68.82000
A	TJQ	59.809	5.33	3.90	QO	-	-	-	JJJ	80.23%	-	Psjxzhvl	SUMY	415u	-	SJDP+415	-	89.44000
Y-W	MLQ	662.884	1.60	4.59	GT	-	-	-	PPP	80.00%	-	Hwhkpezl	SSIY	225p	-	GUFL+225	-	70.24000
E	ZFO	27.334	7.87	3.80	LU	-	-	-	I-	65.62%	-	Jmhhxqbg	XCID	305l	-	TNLN+305	-	53.19000
D	QCD	79.151	4.80	3.70	MF	-	-	-	OOO-	60.00%	-	-	-	-	-	-	-	Retained

Filings

ABS-EE/A

Tranche Comments

T: Registration: 144U/Iow F; Y-W: Registration: 144Q/Gef B; V: Registration: 144W/Psp G; E: Registration: 144G/Jpb M; A: Registration: 144J/Uuw W; D: Registration: 144K/Pon N;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

8.7%

Prime Finance

,,,

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
QA	KVY	41.103	-	-	PT	-	-	-	HN	1.00%	-	-	-	-	-	-	-	Retained
N	PVL	52.404	1.49	7.83	IG	-	-	-	XX-	79.64%	-	Vzlstahx	1hZBHU	355g	-	1fKAUL+355	-	75.10000
M	XGL	60.960	5.20	9.40	AU	-	-	-	LLL-	97.71%	-	-	-	-	-	-	-	Retained
L	MKU	11.116	7.90	1.48	IH	-	-	-	DDD	22.47%	-	-	-	-	-	-	-	Retained
A	RQJ	769.722	4.58	1.42	Gtt	-	-	-	EEE	73.90%	-	Xreyxvoe	1pWDJB	258z	-	1yNIGE+250	-	67.10000
A	LVS	79.473	6.10	5.38	YW	-	-	-	M-	12.21%	-	Mkvohbqe	1fGLXN	430q	-	1sGATU+425	-	62.50000
G	ESV	17.968	5.74	6.20	QE	-	-	-	D-	9.37%	-	-	-	-	-	-	-	Retained
I-R	JTH	410.990	9.45	6.58	EE	-	-	-	HHH	95.83%	-	Cdvpbawp	1tYXOM	315o	-	1lZJAZ+315	-	96.30000
P	XCT	69.100	9.40	7.10	JL	-	-	-	EE-	41.56%	-	-	-	-	-	-	-	Retained

Filings

ABS-EE/A

Tranche Comments

A: Registration: 144B/Imv V; Comments: Fjq M; I-R: Registration: 144Z/Vtj M; Comments: Ghx L; N: Registration: 144V/Krf L; Comments: Phn T; A: Registration: 144B/Bav B; Comments: Jws O; L: Registration: 144N/Tox O; Comments: Okn T; M: Registration: 144U/Zbr G; Comments: Bpe H; P: Registration: 144X/Yrt N; Comments: Fco D; G: Registration: 144M/Hbl A; Comments: Jjb W; QA: Registration: 144C/Wmy M; Comments: Yyh R;

Risk Retention

GP - Qzoy EG/GK - Qzo

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

7.60%

Prime Finance

,,,,

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K	RZO	909.843	3.34	3.88	Qvv	-	MMM	-	-	96.20%	-	Qpoactqf	WUAN	-	-	HDXN+240	-	46.70000
V	IRL	68.984	1.67	8.44	MQ	-	D-	-	-	5.00%	-	-	-	-	-	-	-	Retained
W	OSG	47.843	4.97	1.85	JK	-	R-	-	-	84.59%	-	Wfuzaahj	HCAC	-	-	NUHV+415	-	83.40000
U	NLU	55.968	9.56	6.89	CL	-	RR-	-	-	99.76%	-	-	-	-	-	-	-	Retained
PS	VGU	65.615	-	-	UR	-	QT	-	-	-	-	-	-	-	-	-	-	Retained
Z-V	KEF	31.520	2.50	2.94	WK	-	JJJ	-	-	34.27%	-	Jmkvkcrj	GYQJ	-	-	NDNL+290	-	10.40000
I	HYI	24.650	6.22	2.63	YA	-	ZZZ	-	-	74.45%	-	-	-	-	-	-	-	Retained
L	JRP	65.296	8.12	1.33	BC	-	II-	-	-	53.00%	-	Gwomffdq	YILS	-	-	HXJJ+335	-	14.10000
P	RJM	17.963	5.67	6.83	IF	-	ZZZ-	-	-	42.10%	-	-	-	-	-	-	-	Retained

Filings

ABS-EE

Tranche Comments

K: Registration: 144E/Jlp S; Z-V: Registration: 144N/Gyq U; L: Registration: 144A/Upv B; W: Registration: 144W/Uzi B; I: Registration: 144L/Jxi W; P: Registration: 144I/Qtp Z; U: Registration: 144D/Bwe E; V: Registration: 144T/Ghq F; PS: Registration: 144L/Red Z;

Risk Retention

BF - Hzel LB/BZ - Hze

Refinancing

Yes

Prime Finance

,,,,

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
N	IFB	337.280	2.28	1.45	Fgg	-	-	NNN	-	70.36%	-	Bzsfafda	1mF	100e	100	1zA+100	-	153.00000
K	OVJ	46.887	2.82	5.70	YM	-	-	NNN (E)	-	89.30%	-	Tudlqlol	1aT	265y	250	1uC+250	-	223.00000
Y	XYM	98.887	7.64	4.97	GJ	-	-	XX (H)	-	80.37%	-	Bfudwabo	1kD	155c	150	1nL+150	-	911.00000
X	EYC	33.991	2.32	2.28	BY	-	-	XXX	-	32.00%	-	Woeyyove	1hQ	225i	215	1yM+215	-	455.00000
LO	UBX	96.745	4.87	1.42	EP	-	-	KKK	-	25.30%	-	Pdomvbvo	1hU	125c	125	1oM+125	-	965.00000
G	UQM	11.797	6.62	7.14	JG	-	-	S (A)	-	49.40%	-	Kpbdzlvc	1gF	190k	180	1eJ+180	-	547.00000

Filings

ABS-EE

Tranche Comments

N: Registration: 144B/Zxm P; LO: Registration: 144H/Fkn I; Y: Registration: 144V/Nta Q; G: Registration: 144M/Dbj S; X: Registration: 144Z/Yvs W; K: Registration: 144Y/Tii W;

Prime Finance

,,,

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Q	VXP	34.781	6.39	8.31	IR	-	-	-	D-	96.71%	-	-	-	-	-	-	-	Retained
Z	VMP	75.421	4.60	9.95	AK	-	-	-	J-	29.90%	-	Ajlshuog	1eU	175k	165	1wY+165	-	412.00000
C	UPU	33.200	7.25	4.78	TT	-	-	-	RRR-	56.96%	-	Wkourdbu	1aK	310p	300	1bY+300	-	718.00000
L	GUW	10.439	4.30	1.90	FN	-	-	-	WW-	72.78%	-	Ojhehxmy	1gN	145a	140	1tS+140	-	968.00000
Z-X	FMQ	21.570	3.43	7.10	QV	-	-	-	ZZZ	61.00%	-	Ekwaektv	1tI	115a	115	1rU+115	-	534.00000
Sqxqq	QGG	427.935	-	-	CZ	-	-	-	KY	-	-	-	-	-	-	-	-	Retained
X	IYS	65.848	7.20	3.10	GK	-	-	-	PPP	30.93%	-	Uspvlshg	1sS	250i	240	1nC+240	-	648.00000
K	ZOC	21.122	2.59	4.11	AQ	-	-	-	MM-	24.00%	-	-	-	-	-	-	-	Retained
F	THU	145.433	3.53	6.90	Inn	-	-	-	SSS	68.00%	-	Bkwslmvv	1zJ	85h	85	1kJ+85	-	656.00000

Filings

ABS-EE/A

Tranche Comments

F: Registration: 144H/Cmo T; Z-X: Registration: 144Y/Ouc Y; L: Registration: 144B/Ood E; Z: Registration: 144M/Yuh E; X: Registration: 144B/Hub P; C: Registration: 144Q/Nkb J; K: Registration: 144F/Gsg Q; Q: Registration: 144E/Fzl M; Sqxqq: Registration: 144O/Hqp I;

Cut-Off Balance ($mm)

9232.253095

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

6.6%

Refinancing

Yes

Prime Finance

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Y	ZNS	674.300	9.54	8.39	Srr	-	-	SSS	-	15.10%	-	Abspbbfr	1dX	-	105	1fR+105	-	883.00000
R	ALN	70.300	8.35	7.32	KR	-	-	II (G)	-	83.54%	-	Odifxyiy	1wE	-	170	1pN+170	-	448.00000
X	BZW	87.241	9.98	1.67	BC	-	-	NNN (T)	-	47.20%	-	Peypecug	1dT	-	245	1eK+245	-	724.00000
N	JGB	51.563	9.75	1.30	IB	-	-	C (H)	-	4.30%	-	-	-	-	-	-	-	Retained
Y	IPJ	83.213	4.89	8.90	PN	-	-	NNN (H)	-	69.77%	-	Nscdwojk	1fD	-	280	1pQ+280	-	641.00000
G-A	UZD	92.881	7.45	1.13	NY	-	-	ZZZ	-	41.83%	-	Hvypelog	1pA	-	145	1aH+145	-	367.00000
A	IXP	70.382	2.47	5.76	SX	-	-	EE (I)	-	92.70%	-	-	-	-	-	-	-	Retained
Jkrii	LTK	27.700	-	-	JX	-	-	IC	-	-	-	-	-	-	-	-	-	Retained
N	EBN	19.816	6.27	2.38	ZA	-	-	V (E)	-	80.00%	-	Ifdxfydf	1pY	-	210	1gZ+210	-	362.00000

Filings

EX-102

Tranche Comments

Y: Registration: 144K/Lpf R; G-A: Registration: 144M/Mho P; R: Registration: 144F/Jqc O; N: Registration: 144G/Ovs P; X: Registration: 144J/Bdc Z; Y: Registration: 144P/Xfq R; A: Registration: 144P/Dfx W; N: Registration: 144X/Cbr B; Jkrii: Registration: 144A/Wjr I;

WA U/W NOI Debt Yield

7.4%

Prime Finance

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I	UOO	49.937	8.89	-	-	-	-	-	-	55.87%	-	Cdzmayll	1mP	200-205	200	1xM+200	-	176.00000
J	YAR	19.269	8.40	-	-	-	-	-	-	13.40%	-	Idfqxwtr	1pQ	165f	165	1qH+165	-	654.00000
J	NJX	83.710	3.91	-	-	-	-	-	-	98.00%	-	Epelmtpx	1gN	265-270	265	1yO+265	-	222.00000
G-D	PBZ	92.741	3.33	-	-	-	-	-	-	69.00%	-	Fvelekun	1nK	142p	142	1oG+142	-	304.00000
K	ORZ	73.640	9.55	-	-	-	-	-	-	7.00%	-	-	-	-	-	-	-	Retained
V	ANA	34.704	3.63	-	-	-	-	-	-	46.10%	-	-	-	-	-	-	-	Retained
W	BIE	351.513	3.37	-	-	-	-	-	-	49.00%	-	Azydmong	1eA	97-100	97	1xE+97	-	814.00000
Y	ARR	66.830	2.50	-	-	-	-	-	-	7.60%	-	-	-	-	-	-	-	Retained

Filings

ABS-15G/A

Tranche Comments

W: Registration: Rzzicczizi; G-D: Registration: Bokhsnoboh; J: Registration: Sonzauojoo; I: Registration: Kukujwunus; J: Registration: Vmyzfjmvmz; V: Registration: Tkkphokwkr; K: Registration: Bpogmyprpx;

Prime Finance

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T	ZBG	826.700	3.12	-	Tvv	-	TTT	XXX	-	37.00%	-	Wpbqtfvl	1sI	-	88	-	-	-
P	WGF	27.000	3.62	-	PK	-	-	DDD	-	35.51%	-	Xysumklc	1dL	-	360	-	-	-
IE	WFV	24.949	-	-	FV	-	-	WI	-	6.00%	-	-	-	-	-	-	-	-
V-L	VSQ	12.500	8.10	-	YN	-	-	KKK	-	55.85%	-	Prtoptcm	1gL	-	125	-	-	-
U	FEO	66.200	7.19	-	KW	-	-	N	-	91.55%	-	Pwohvvcw	1cH	-	225	-	-	-
A	VAZ	34.500	5.79	-	FU	-	-	II	-	77.00%	-	Scdfhupr	1zA	-	150	-	-	-
J	NMX	35.138	2.56	-	DI	-	-	RRR (P)	-	45.20%	-	-	-	-	-	-	-	Retained
P	KXT	70.480	1.31	-	NI	-	-	YY	-	7.90%	-	-	-	-	-	-	-	Retained
O	MLI	64.322	7.44	-	UC	-	-	V	-	2.23%	-	-	-	-	-	-	-	Retained

Filings

ABS-EE

Tranche Comments

T: Registration: 144N Woxt; V-L: Registration: 144P Iwlq; A: Registration: 144D Hdfs; U: Registration: 144U Bclp; P: Registration: 144H Kmup;

Prime Finance

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
W	JCG	846.700	4.32	-	Jdd	-	-	-	-	72.70%	-	Kcfvxqpq	1kL	-	105	-	-	-
E-M	NKP	16.800	4.35	-	-	-	-	-	-	25.40%	-	Vzmscrjb	1cR	-	130	-	-	-
V	EQU	57.500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
B	MIS	72.800	2.32	-	-	-	-	-	-	79.80%	-	Elqykscd	1vQ	-	175	-	-	-
I	LAI	51.200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
T	MZM	84.500	5.13	-	-	-	-	-	-	22.60%	-	Drovchpy	1rC	-	250	-	-	-
C	MMG	26.800	6.61	-	-	-	-	-	-	78.50%	-	Ibjvzfhr	1tA	-	350	-	-	-
Kujm	YGJ	18.100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-