Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA 30328

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1 (800) Wednesday, March 20, 2019 Crescent Mortgage Company 6600 Peachtree Dunwoody Rd NE, 600 Embassy Row Ste #650, Atlanta, GA ET Market Update: 3/20/2019 Price Improvement Effective ET 30Yr. Bond Yield 2.979%, 10Yr. Bond Yield 2.539% as of 3:00 pm ET Marketing Department Information Table Of Contents Page 2 Conventional Fixed and ARM Page 3 FHA / VA and USDA Page 4 & 5 Jumbo Fixed and ARM - Option I & II Rates are good through: 10:30AM the following business day Page 6 DU Refi Plus *** RATES SUBJECT TO CHANGE WITHOUT NOTICE. Page 7 LP Open Access Page 8 DU High Balance & LP Super Conforming Lock Periods Lock Periods: days 15 Day - Approved Loans Only Refer to our Pricing and Lock Policy on Document Express for lock extension and re-lock fees Fees: Conventional Conforming FHA VA Purchase Loans $250 VA Refinance Loans No Separate Admin Fee on VA Refinance Loans (See Rate Sheet for price adjustment) Rural Housing Jumbo Option I & II Flood Cert Wholesale Correspondent 1x CP Modification $11 $11 $350 CRESCENT ACCOUNT EXECUTIVES Bob Shellenberger, SVP Sales Mgr Amanda Scott AL, MS Annessa Frederick FL Greg Palas IA, IL, KS, MO, NE Ashli Matson GA, SC Bob Shellenberger AZ, NM, CA, PA, NJ, TX Diane Carlson CT, MA, ME, NH, VT, RI, NJ Casey Filburn OR, WA Dannie Hinton IN, KY, OH Dawn Cooley CO, ID, NV, UT, WY, MT Drais Von Hagen NC, TN, WV Ian Wright TX, OK Michelle McBride TX Dan Talley VA, DE, MD, PA Rick McKinley IA, KS, MI, MN, ND, SD, WI Jeanne Olson IA, KS, MI, MN, ND, SD, WI Shy Tittlebaum LA, MS, AR, AL, OK, TX THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION. CMC Rates are price indications only and are subject to change without notice

2 DATE: 03/20/19 Conventional Conforming Fixed / ARM Effective ET EXPIRATION DATES (Must close by expiration date) 30 DAY 04/19/19 60 DAY 05/19/19 LIBOR 12 MONTH Day Lock for Approved Loans only. FNMA 30 Day Yield Fannie Mae Fixed Rate (DU) See Scenario Pricer for 10yr price FNMA Only 30 Year FNMA 20 Year FNMA 15 Year FNMA 15 Days 30 Days 45 Days 60 Days 15 Days 30 Days 45 Days 60 Days 15 Days 30 Days 45 Days 60 Days Freddie Mac Fixed Rates (LP) 30 Year FHLMC 20 Year FHLMC 15 Year FHLMC 15 Days 30 Days 45 Days 60 Days 15 Days 30 Days 45 Days 60 Days 15 Days 30 Days 45 Days 60 Days LIBOR ARM Adjustments for NO ADMIN FEE Program Only 5/1 LIBOR ARM 7/1 LIBOR ARM 10/1 LIBOR ARM 1 YR LIBOR Rate 30 Days Rate 30 Days Rate 30 Days Loan Amount $25,000 to $59, Loan Amount $60,000 to $74, Margin Loan Amount $75,000 to $99, Non-Convertible Loan Amount $100,000 to $124, Loan Amount $125,000 to $149, Loan Amount $150,000 to $174, Loan Amount $175,000 to $199, Loan Amount $200,000 to $224, Loan Amount $225,000 to $249, Loan Amount $250,000 to $274, LTV > 90% adj Loan Amount $275,000 to Limit /1, 7/1 & 10/1 LIBOR ARM NOTES : 45 Day Lock subtract pt 5/1 Caps 2/2/5, 1 Yr LIBOR, 2.25 Margin. 60 Day Lock subtract pt 7/1 & 10/1 Caps 5/2/5, 1 Yr LIBOR, 2.25 Margin. *LP Approved - subtract.50pt from price Loan Amt Price Adjustments for No Admin Fee FNMA/FHLMC Risk Based Pricing LTV / Credit Score Grid Cash Out Refinances LTV / Credit Score Grid Credit Score < = 60 > 60 <= 70 >70 < = 75 >75 < = 80 >80 < = 85 >85 < = 90 >90 < = 95 >95 < = 97 Credit Score < = 60 > 60 <= 70 >70 < = 75 >75 < = 80 >= => & <= >= 720 & <= & <= >= 700 & <= & <= >= 680 & <= & <= >= 660 & <= & <= >= 640 & <= & <= >= 620 & <= NA < 620 N/A N/A N/A N/A N/A N/A N/A N/A < 620 NA NA NA NA Risk based pricing adjustments apply to all conventional conforming loans except Cash Out adjustments apply to all conventional loans. loans with terms of 180 months or less. ** Texas Cash-Out under $100,000 additional price adj = -.50pt Other Adjustments Subordinate Financing LTV Range CLTV Range Score <720 Score >=720 Add to Price Loan Amount (adjusters do not apply if NO ADMIN FEE program selected) >= $200,000 to Limit <= 75% <= 80% <= 65% >80% <=95% $50,000 to $99, >65% <=75% >80% <=95% $25,000 to $49, >75% <=95% >76% <=95% < $25, Any >95% Second Home - Freddie Mac LP loans with LTV > 85% Escrow Waiver LPMI State Adjusters (Fixed Rate Only) 30,25,20 Yr 15 & 10 Yr Primary - Purchase/RateTerm >=760 (0.700) (1.400) (1.850) (2.250) TX Primary - Purchase/Rate/Term (0.850) (2.000) (2.600) (3.250) CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, NJ, RI, SD, TN, UT, VT, WA, WY Primary - Purchase/Rate/Term (1.000) (2.450) (3.250) (4.150) AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI Primary - Purchase Only (1.350) (3.600) (4.750) n/a AZ, DC, IA, MI, MT, NV, WV Primary - Rate/Term (1.880) (4.130) (5.280) n/a CA SecondHome Purch/RateTerm >=760 (1.100) (2.250) n/a n/a 2-4 Units SecondHome Purch/RateTerm (1.100) (2.250) n/a n/a Investment Property Minimum $50,000 Loan Amt SecondHome Purch/RateTerm (1.490) (2.940) n/a n/a To MAX 85 LTV 1 Unit Fannie Mae / Freddie Mac To MAX 80 LTV 1 Unit Multiple Financed Properties - INVESTOR and Second Home loans with To MAX 75 LTV 1-4 Units or more financed properties - Adjust pricing by pt Condos LTV > 75% Manufactured Housing (Freddie Mac Only) HomeReady/HomePossible - a cumulative Agency delivery fee cap applies. *** Contact the marketing dept for 1x CP modification pricing Use Conv Fixed pricing above. Add price adjusters as needed Other CMC fees may still apply (State, Loan Amt, Escrow Waiver,ManuFact Housing..). LTV > 80% and Credit Score >= 680 All other LTV ratios and credit score combinations No Agency fees apply, other CMC fees will still apply Price Cap = 1.50pt

3 Date: 3/20/2019 Government Effective 15 DAY EXPIRATION DATE 04/04/19 30 DAY EXPIRATION DATE 04/19/19 15 day Locks For Approved Loans Only. 45 DAY EXPIRATION DATE 05/04/19 60 DAY EXPIRATION DATE 05/19/19 FHA/VA 30 Yr, 25 Yr, 20 Yr 15 Days 30 Days 45 Days 60 Days FHA/VA 5/1 ARM - Caps 1/5 - Margin Days 30 Days 45 Days 60 Days FHA/VA 15 Yr Days 30 Days 45 Days 60 Days INDEX : 1 YR Treas : VA IRRRL not allowed on VA 5/1 ARM Price Tiers by State: For Fixed Only Add to Price: All Borrowers Must Have a Credit Score. RI TX Adjustments Based on All Borrowers Mid Score : AL AR AZ DC ID IN MS OR TN VA WA WV FHA Score (1 Unit, Purchase Only) CO DE MD OH FHA / VA Score CA FL MI NJ NV UT WI FHA / VA Score FHA / VA Score => Loan Amount Price Adjusters (Does not apply to NO ADMIN FEE Option) Total Loan Amount => $200,000 with Base Amt <=Conf Limit VA Loans - All transactions Total Ln Amt $75,000 to $99, VA Cash Out over 90% LTV Total Ln Amt $60,000 to $74, VA Refinance Transactions -The No Admin Fee will be charged on all VA Refis See NoAdminFee Chart Total Ln Amt $25,000 to $59, FHA Streamline Refinance with CLTV over 100% Total Ln Amt < $25, Yr Term (Deduct from 30 Yr Price) FHA High Balance - Over Conforming Limit (base loan amt) - 30 YR Fix ONLY VA High Balance Loans - Over Conf Limit to $1,500, YR Fix ONLY FHA/VA/RD - No Admin Fee Program Loan Amt Price Adjustments for No Admin Fee FHA/VA/RH Program Loan Amount $25,000 to $59,999 Loan Amount $60,000 to $74,999 Loan Amount $75,000 to $99,999 Loan Amount $100,000 to $124,999 Loan Amount $125,000 to $149,999 Loan Amount $150,000 to $174,999 Loan Amount $175,000 to $199,999 Loan Amount $200,000 to $224,999 Loan Amount $225,000 to $249,999 Loan Amount $250,000 to $274,999 Loan Amount $275,000 to Limit CMC offers the ability to waive the Admin Fee on FHA or VA loans by reducing the price with the adjustments located to the left. All other FHA/VA adjustments shown above will apply with the exception of the additional loan amt adjustments above this program ALL VA Refinance Transactions will require this No Admin Fee Crescent Mortgage Company FHA # Crescent Mortgage Company VA # Please see website for FHA & VA Product Profiles. RURAL HOUSING LOANS Minimum Score 640 *** Homebuyer education maybe required for first time homebuyers by the USDA office 15 Days 30 Days 45 Days 60 Days Price Tiers by State AR, AZ, GA, IN, MN, NC, NM, OK, PA, RI, VT, WI CO, DE, MA, MD, MT, ND, VA & WY CA, ID, MI, NJ, NV, OR, UT, WA Loan Amount Price Adjustment $55,001 to $95, $35,000 - $55, Standard Streamline Refinance REMINDER: RH 30 Streamlined Assist Refi Crescent Mortgage will not close or purchase RD loans with the following commitment language: Score "subject to the availability of Congressionally appropriated funds" Credit Score THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.

4 Date: 3/20/2019 Jumbo Option I Effective EXPIRATION DATES : LIBOR 12 MONTH DAY 04/19/19 60 DAY 05/19/19 5/1 Jumbo ARM 2/2/5 Caps 15 Yr Jumbo Rate 30 Day 45 Day 60 Day Rate 15 Day 30 Day 45 Day 60 Day /1 Jumbo ARM 5/2/5 Caps Rate 30 Day 45 Day 60 Day Jumbo One Close CP Program Modification to 7/1 Jumbo LIBOR ARM 5/2/ Margin Rate 30 Day 45 Day 60Day /1 Jumbo ARM 5/2/5 Caps Rate 30 Day 45 Day 60 Day Escrow Waiver LTV > 70% Second Home All ARMs Margin 2.25, Index 1 Yr Libor Note - All loans that close with Crescent's funds Must close in name Crescent Mortgage Company. Second Home Interest Credit is not allowed. Adjustments for All Jumbo Products : Escrow Waiver LTV >70% All Jumbo Loans Must be Run DU State: Texas and California Please see website for JUMBO parameters. For Primary Residence and Second Homes Only. THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.

5 Date: 3/20/2019 Jumbo Option II Effective EXPIRATION DATES : LIBOR 12 MONTH DAY 04/19/19 60 DAY 05/19/19 5/1 Jumbo LIBOR ARM 2/2/5 Caps 2.25 Margin 30 Yr Jumbo II MAX NET PRICE = Rate 30 Day 45 Day 60 Day MAX NET PRICE = Rate 30 Day 45 Day 60 Day /1 Jumbo LIBOR ARM 2/2/5 Caps 2.25 Margin 15 Yr Jumbo II MAX NET PRICE = Rate 30 Day 45 Day 60 Day MAX NET PRICE = Rate 30 Day 45 Day 60 Day /1 Jumbo LIBOR ARM 2/2/5 Caps 2.25 Margin Rate 30 Day 45 Day 60 Day MAX NET PRICE = Pricing Adjustments: CLTV MAX NET PRICE = FICO CLTV<= 55% % % % % % % % The price includes adding back >= LPO Comp Lock Pricing will be updated after initial lock transaction if net price is greater than N/A New confirmation will be issued to reflect 102 pricing N/A N/A N/A N/A N/A N/A Purchase CashOut Refi N/A N/A N/A 2nd Home N/A N/A High LTV Loan Amt > 1mm <= 1.5mm N/A N/A Loan Amt > 1.5mm N/A N/A Escrow Waiver THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.

6 Fannie Mae DU Refi Plus Date: 3/20/2019 Effective: EXPIRATION DATES (Must close by expiration date) 30 DAY 04/19/19 60 DAY 05/19/19 Fannie Mae DU Refi Plus 30 yr FNMA DU Refi Plus 20 yr FNMA DU Refi Plus 15 yr FNMA DU Refi Plus 15 Days 30 Days 45 Days 15 Days 30 Days 45 Days 15 Days 30 Days 45 Days DU Refi Plus Agency Price Adjusters Price Cap for FNMA Fees Price CAP Primary Residence LTV >80% / Amort Term > DU Refi Plus loans will have a cumulative delivery fee cap. Other CMC fees may still apply. Primary Residence LTV >80% / Amort Term <= Risk based pricing adjustments apply to all conventional conforming loans except with terms of 180 months or less. All other transactions Risk Based Pricing LTV / Credit Score Grid Other Adjustments Add to Price LTV Credit Score < = 60 > 60 <= 70 >70 < = 75 >75 < = 80 >80 < = 95 >95 < = Units >= >= 720 & <= Investment Property LTV <= >= 700 & <= Minimum $50,000 Loan Amt LTV <= >= 680 & <= LTV <= >= 660 & <= >= 640 & <= >= 620 & <= Condos LTV > 75% < 620 n/a n/a n/a n/a n/a n/a High LTV: < LTV <= Subordinate Financing High LTV: < LTV <= LTV Range CLTV Range Score <720 Score >=720 <= 75% <= 80% <= 65% >80% <=95% >65% <=75% >80% <=95% >75% <=95% >76% <=95% Any >95% Other Non-Capped Price Adjusters for DU Refi Plus Loan Amount Multiple Financed Properties - INVESTOR and Second Home loans with >= $200,000 to Limit to 10 financed properties - Adjust pricing by -1.50pt $50,000 to $99, $25,000 to $49, < $25, Escrow Waiver Owner Occp with Score >= 660 & LTV <= 80% High LTV (Not price capped) State Adjusters 30,25,20 Yr 15 & 10 Yr LTV % >=105 < 125% TX CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, NJ, RI, SD, TN, UT, VT, WA LTV% >= 125% AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI AZ, DC, IA, MI, MT, NV, WV CA

7 Freddie Mac Open Access Date: 3/20/2019 Effective: EXPIRATION DATES (Must close by expiration date) 30 DAY 04/19/19 60 DAY 05/19/19 Freddie Mac Open Access 30 yr FHLMC LP Open Access 20 yr FHLMC LP Open Access 15 yr FHLMC LP Open Access 15 Days 30 Days 45 Days 15 Days 30 Days 45 Days 15 Days 30 Days 45 Days LP Open Access Agency Price Adjusters Price Cap for FHLMC Fees Price CAP Primary Residence / LTV >80% / Amort Term > 240: LP Open Access loans will have a cumulative delivery fee cap. Other CMC fees may still apply. LTV > 80% <= 105% 0.75 LTV > 105% 1.25 Risk based pricing adjustments apply to all conventional conforming loans except with terms of 180 months or less. Primary Residence / LTV >80% / Amort Term <= 240: LTV > 80% <= 105% 0.00 Risk Based Pricing LTV / Credit Score Grid LTV > 105% 0.75 LTV All other transactions 2.00 Credit Score < = 60 > 60 <= 70 >70 < = 75 >75 < = 80 >80 < = 85 >85 < = 125 >= >= 720 & <= Other Adjustments Add to Price >= 700 & <= >= 680 & <= Units >= 660 & <= >= 640 & <= Investment Property LTV <= >= 620 & <= Minimum $50,000 Loan Amt LTV <= < 620 n/a n/a n/a n/a n/a n/a LTV <= Condos LTV > 75% Subordinate Financing LTV Range CLTV Range Score <720 Score >=720 High LTV: < LTV <= <= 75% <= 80% High LTV: < LTV <= <= 65% >80% <=95% High LTV: > >65% <=75% >80% <=95% >75% <=95% >76% <=95% Any >95% Other Non-Capped Price Adjusters for LP Open Access Loan Amount All LP Open Access loans with LTV over 105% >= $200,000 to Limit This is a non-capped price adjuster $50,000 to $99, $25,000 to $49, < $25, Escrow Waiver Owner Occp with Score >= 660 & LTV <= 80% State Adjusters 30,25,20 Yr 15 & 10 Yr TX CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, NJ, RI, SD, TN, UT, VT, WA AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI AZ, DC, IA, MI, MT, NV, WV CA

8 FNMA High Balance / FHLMC Super Conforming Date: 3/20/2019 Effective: EXPIRATION DATES (Must close by expiration date) 30 DAY 04/19/19 60 DAY 05/19/19 Fannie Mae High Balance 30 yr FNMA High Balance 15 yr FNMA High Balance 15 Days 30 Days 45 Days 60 Days 15 Days 30 Days 45 Days 60 Days See for High Cost Areas Fannie Mae High Balance Price Adjusters The Following Adjustments Apply and are Cumulative: Risk Based Pricing LTV / Credit Score Grid Subordinate Financing LTV Range CLTV Range Score <720 Score >=720 Loans with terms of 180 months will not be adjusted with LTV/Score price adjusters LTV >75 <=90 >76 <= Credit Score < = 60 > 60 <= 70 >70 < = 75 >75 < = 80 >80 < = 85 >85 < = 95 >= Cash Out Refinances LTV / Credit Score Grid >= 720 & <= LTV >= 700 & <= Credit Score < = 60 >60 <=70 >70<=75 >75<=80 >= 680 & <= => >= 660 & <= => >= 640 & <= => >= 620 & <= => => Escrow Waiver Owner Occp with Score >= 660 & LTV <= 80% State Adjusters (if applicable) 30 Yr 15 Yr TX CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, NJ, RI, SD, TN, UT, VT, WA AL, AR, DE, IL, IN, KY, MD, MN, NE, OH, VA, WI DC, IA, MI, MT, NV, WV CA Freddie Mac Super Conforming The Following Adjustments Apply and are Cumulative: 30 yr FHLMC Super Conforming Risk Based Pricing LTV / Credit Score Grid 15 Days 30 Days 45 Days 60 Days > 60 & > 70 & > 75 & > 80 & > 85 & Credit Score <= 60 <= 70 <= 75 <= 80 <= 85 <= >= <= <= <= <= n/a n/a n/a <= n/a n/a n/a Subordinate Financing LTV CLTV < 720 => <= Cash Out Refinances LTV / Credit Score Grid Escrow Waiver Owner Occp with Score >= 660 & LTV <= 80% LTV State Adjusters (if applicable) 30 Yr Credit Score < = 60 > 60 <= 70 => >= 720 & <= CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, NJ, RI, SD, TN, UT, VT, WA >= 700 & <= AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI AZ, DC, IA, MT, NV, WV CA