FULL/ALT DOCUMENTATION 1-2 Units Purchase & Rate-term Refinance Credit Score

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1 Occupancy Home Home Investor LTV / (H)CLTV Loan Amount 95% /95% $500,000 90% /90% $650,000 85% /85% $700,000 80%/95% Conforming 80%/90% $750,000 80%/80% $800,000 Units FULL/ALT DOCUMENTATION - Units Purchase & Rate-term Refinance Credit 60 80%/80% $,50,000 80%/80% $,500, %75% $,500,000 70%/70% $,500, %/70% $,000, %/65% $,500, %/75% $,500, %/70% $3,000, %/65% $5,000, %/80% $800,000 75%/75% $,000,000 70%/70% $,500,000 80%/90% $650,000 80%/80% $800,000 70%/70% $,500,000 65%/65% $,000, %/75% $,500, %/60% $,500, %/70% $3,000, %/80% Conforming 75%/75% $500,000 70%/70% $650,000 80%/80% Conforming 75%/75% $500,000 70%/70% $650, Footnotes The maximum LTV for loans with ary financing is 80% and financing is acceptable for -Unit residence and Home Purchase and Rate/Term refinances as follows: Purchase & Rate-Term Refinance Only Occupancy LTV HCL TV st Trust Loan Limit 80% 95% Conforming Limit 80% 90% $750,000 Home 80% 90% $650,000 Loan amounts greater than $,500,000 require a or 3-Year Prepayment Penalty. ary Financing is not allowed. A57-A574 Last rev

2 EXPANDED LOAN LIMITS - Units FULL DOC Purchase & Rate/Term Refinance Occupancy Units LTV Loan Amount Credit Home 97% $550,000 95% $700,000 95% $533,850 90% $750,000 85% $,000, % $800,000 95% $500,000 90% $650,000 Expanded Loan Limit are subject to the following guidelines: LTVs of 95.0%-97% require mortgage insurance from Radian -unit properties with LTVs of % require mortgage insurance from Radian Other Notes: Certain LTV/loan amount combinations require insurance at 75.0 to 80% LTV; refer to the Mortgage Insurance section for details. Loans that receive an EA/I, EA/II or EA/III recommendation from Custom Desktop Underwriter are not acceptable. ary financing is not allowed EXPANDED LOAN LIMITS Unit Only STATED INCOME Purchase & Rate/Term Refinance Occupancy Units LTV Loan Amount Credit 95% $600, % $650,000 90% $750, % $750,000 Asset Verification Required Expanded Loan Limit Notes: ary financing is not allowed Mortgage insurance must be obtained from PMI A57-A574 Last rev

3 FULL DOCUMENTATION - Unit Cash-Out Refinance Occupancy Units LTV/ 3 (H)CLTV Loan Amount/CLL Cash Back Credit 4 90% 3 /90% 3 $500,000 $00,000 85% 3 /85% 3 $600,000 80%/80% $650,000 No Limit 80% 5 /80% $,000,000 5 No Limit 700 No Limit 70%/70% $,500,000 No Limit Home Investor 75% 5 /75% $,000,000,5 No Limit % 5 /70% $,500,000,5 No Limit %/65% $,500,000 75%/75% $800,000 70%/70% $,50,000 80%/80% $650,000 No Limit 80% 5 /80% $,000,000 5 No Limit %/70% $,50,000 65%/65% $,500,000 No Limit 60%/60% $,000,000 75% 5 /75% $,000,000,5 70% 5 /70% $,500,000,5 No Limit %/55% $,500,000 70%/70% Conforming 65%/65% $650,000 No Limit CLL = Combined Loan Limit for loans with ary financing. Loan amounts greater than $,500,000 require a or 3-Year Prepayment Penalty 3 The maximum LTV for loans with ary financing is 80% 4 residences in Texas are not eligible for cash out refinances 5 Mortgage insurance must be obtained from Triad (see Rate Sheet for pricing details). Coverage requirements are as follows: Occupancy LTV Loan Amount Coverage or 75.0% - 80% >$650,000 Home 70.0% - 75% >$,000,000 % 65.0% - 70% >$,500,000 Home 65.0% - 70% >$,50,000 A57-A574 Last rev

4 Occupancy Units STATED INCOME - Unit Purchase & Rate-term Refinance LTV (H)CLTV Loan Amount Credit Asset Verification 80%/ 90% $650,000 80%/ 80% $800,000 Required 75% /75% $,000,000 80% /80% $,000, %75% $,500, Not 70%70% $,500,000 70%/70% $,500,000 3 Required %/65% $,500, %/65% $3,000, %/80% $650,000 Required 75%/75% $800,000 70%/70% $,50,000 90%/90% Conforming 4 85% 8 /85% $500,000 Required 70%/70% $,50,000 65%/65% $,500,000 Home 60%/60% $,000, %/70% $,500,000 3 Not 65%/65% $3,000, Required 55%/55% $,500,000 3 Investor 70%/70% Conforming Limits ary Financing is not permitted on LTV s greater than 80% % CLTV s are acceptable with a maximum first trust deed of $650,000. Loan amounts greater than $,500,000 require a -3 year pre-payment penalty. Mortgage insurance must be obtained from PMI A57-A574 Last rev

5 STATED INCOME DOCUMENTATION - Unit Cash-Out Refinance Occupancy Units LTV / (H)CLTV Loan Amount/CLL Asset Verification 4 Cash Out Credit 90/90% $500,000 5 $00, % /85% $500,000 75%/75% $650,000 70%/70% $,000,000 65%/65% $,500,000 70%/70% $,000,000 3,6 65%/65% $,500,000 3,6 Required 4 60%/60% $,500, %/70% $,000,000 65%/65% $,50,000 70%/70% $,000,000 65%/65% $,50,000 60%60% $,500,000 Required 4 No Limit No Limit 700 Required 4 No Limit 70%/70% $,000,000 3,6 Required 4 No Limit %/55% $,000, %/65% $,500,000 3,6 Required 4 No Limit 700 Investor 65%/65% Conforming CLL = Combined Loan Limit for loans with ary financing. Max LTV for loans with ary Financing is 80% Loan amounts greater than $,500,000 require a or 3-Year Prepayment Penalty.. The asset verification requirement may be waived if: The property is a residence and The LTV is 60% or less; and An adjustment is made to the loan s margin (refer to rate sheet) Mortgage Insurance must be obtained from PMI Mortgage insurance must be obtained from Triad as follows (See Rate Sheets for details): Occupancy LTV Loan Amount Coverage or Home 65.0% - 70% >$,000, % - 65% >$,500,000 % Home 60.0% - 65% >$,50,000 A57-A574 Last rev

6 NO RATIO FEATURE Unit Only Purchase & Rate-Term Refinance Occupancy Units LTV Loan Amount Credit Asset Verification 90% $650,000 85% $750,000 75% $800,000 70% $,000,000 65% $,50,000 85% $450,000 75% $650,000 70% $800,000 65% $,000,000 Required on all loans regardless of LTV ary Financing not allowed. FULL/ALT DOCUMENTATION 3-4 Unit Purchase AND Rate- Term Refinance Occupancy Units LTV/(H)CLTV Loan Amount/CLL Credit %/90% $750, %/75% $,000, %/90% $700, %/75% $750, %/80% $650, %/75% $700, %/80% $47,000 Investment %/75% $500, %/70% $650,000 For primary residences, the borrower cannot own any other real estate A57-A574 Last rev

7 FULL DOCUMENTATION 3-4 Units Cash Out Refinance Occupancy Units LTV/(H)CLTV Loan Amount/CLL 3 Cash Back Credit, Investor %/75% $750,000 $00, %/70% $,000,000 $00, %/65% $,000,000 $50, %/75% $700,000 $50, %/65% $,000,000 $50, %/75% $700,000 $75, %/70% $700,000 $5, %/65% $700,000 $75, %/70% $47,000 No Limit %/65% $500,000 No Limit 70 3 For primary residences, the borrower cannot own any other real estate residences located in Texas are not eligible for cash-out refinance CLL = Combined Loan Limit for loans with secondary financing STATED INCOME 3-4 Units- Purchase and Rate & Term Refinance Occupancy Units LTV/(H)CLTV Loan Amoutn/CLL Credit Asset Verification 3 70%/70% $645,300, 3 65%/65% $700, %/70% $750,000 Not Required Investor %/70% $47,000 CLL = Combined Loan Limit for loans with secondary financing. For primary residences, the borrower cannot own any other real estate A57-A574 Last rev