Wholesale Rate Sheet

Transcription

1 Wholesale Rate Sheet Announcements & Current Specials - Weekly Turn Times - Effective for April 15 - April 19 In observance of Good Friday holiday, Fremont Bank lock desk will close early on April 18th & April 12pm PST NEW - 15 Day Purchase Guarantee! Cutoff Dates: Last Day For Closing This Month Cutoff Date Submit a complete file that meets our criteria and we guarantee that your loan will be Last day to acknowledge CD (refi) Tuesday, April 23, 2019 cleared to close AND docs sent to title/escrow within 15 days of submission, or we will Last day to sign to fund and record (refi) Friday, April 26, 2019 provide a lender credit of $500 to your borrower at closing! Call your AE for more details! Loan Registration Turn Times Agency Specials - FNMA/FHLMC (GOLD/Standard) - Pg. 2-5 (Updated April 1st) Purchase hours We improved our High Bal base price today (April 1st) and adjusted our LLPA specials Refinance hours 30 Yr Conforming Fixed Purchase Underwriting Turn Times Turn Times 30 Yr High Bal Fixed Cash Out Purchase Transactions: Initial u/w * Condition u/w The cash out special only applies to primary/second homes - NOO not eligible Conventional hrs hrs 30 Yr High Bal Fixed Purchase Jumbo Gold 72 hrs 72 hrs High Bal Specials not eligible for Home Ready Jumbo Port 406 & hrs 72 hrs Portfolio 5/1 & 7/1 ARM Specials- Pg. 10 FHA purchase 72 hrs 72 hrs Port 5/1 - Reduced base rates to 1.25 rebate Port 5/1 & 7/1 Purchase Rate Special Refinance Transactions: Initial u/w * Condition u/w Port 5/1 & 7/1 Interest Only Waiver Conventional 72 hrs 72 hrs * normally I/O LLPA is 0.25 but we are waiving if loan meets the following criteria Jumbo Gold 72 hrs 72 hrs - Min 720; Max LTV 65% NOO/70% OO. No exceptions Jumbo Port 406 & hrs 72 hrs - If loan doesn t meet above min/max the 0.25 applies FHA refi/streamline 72 hrs 72 hrs * Condition u/w includes processing time! Rate Sheet Index Loans in NOI status: condition / re-underwrite review: 4-5 days (purchase and refi) FNMA (Gold) - Pg. 2 Diamond Jumbo - Pg. 8 FNMA (Gold) LLPA's - Pg. 3 FHA - Pg. 9 FHLMC (Standard) - Pg. 4 Jumbo Port 5/1 & 7/1 Arm - Pg. 10 Docs & Funding Turn Times FHLMC (Standard) LLPA's - Pg. 5 Home Equity Line of Credit - Pg. 11 Docs 24 hours purch/24-48 hours refi Gold Jumbo - Pg. 6 HELOC Pg. 12 Funding hours Gold Jumbo LLPA's - Pg. 7 AE Contact Info - Pg. 13 Lock Extension Fees: Must submit lock extension request before 4PM PST on day of expiration Contact Us: Lock Hours: 9:00AM - 4PM PST GOLD & Standard: 1st extension 0.015/day - 20 day max; 2nd extension is 0.03/day - 10 day max Website Guidelines Lock Policy Heloc Calculator GOLD & Diamond Jumbo: 0.10/ 5 days; 0.20/ 10 days; 0.30/ 15 days; 0.40/ 20 days; 0.60/ 30 days-max locks@fremontbank.com FHA: 0.02/day - 30 day max; 5 day min// FHA Relock: 0.36/ 15days; 0.66/ 30days - 30 day max submissions@fremontbank.com Jumbo Port 5/1 & 7/1: 0.125/ 7 days; 0.25/ 15 days; 15 day max morrissupport@fremontbank.com MORRIS Support Lock Eligibility & MISC: Fees & LE's: Minimum Loan amount $125,000 for all terms and products Lender Origination fees for LE: Delivery Fee $ 25, Document Max broker compensation cannot exceed $22,000 per transaction Preparation Fee $ 125, Underwriting Fee $800 = $ 950 No relocks allowed on GOLD Jumbo & Diamond Jumbo programs All Jumbo locks must be credit approved to lock with the exception of Purchase (allow Advance Locks) Jumbo Port 5/1 & 7/1 lock eligibility: Loans that fit guidelines and are < $1M are lock eligible upon receipt of file submission. FHA Origination Fees for LE: Delivery Fee $ 25, Document Loans > $1M or loans that require a guideline exception must have an 'Approval to Process' Preparation Fee $ 50, Underwriting Fee $ 395 = $ 470 PIW only eligible on conforming FNMA (GOLD) programs, HB not allowed even if DU allows * Section B of LE: Flood $5.25, Tax $60 (Tax N/A for FHA) FNMA/ FHLMC: File will be underwritten for final determination but below are agency differences Loss Payee & CPL: Gold - FNMA Only Niche Scenarios: Loss Payee Clause: CPL: Fremont Bank Use of second job income allowed, if at least a 12 month history, under certain conditions Fremont Bank 2580 Shea Center Drive Minimal losses from a secondary self employed job can potentially be ignored ISAOA, ITS SUCCESSORS OR ASSIGNEES Livermore Ca Using rental income on purchase of investment property for borrower with No REO P.O. Box 7295 Appraisal property condition rating of C5 Fremont, CA Use of PIW, excluding High Bal Standard - FHLMC Only Niche Scenarios: Disburse cash out to the Borrower up to the greater of 1% of the new refinance mortgage or $2,000 (r/term) Use of RSU time based or performance based income Use of short term rental income reflected on tax returns Pricing subject to change without notice 1 Announcements

2 FNMA (GOLD): Conforming & High Balance Fixed Rate First Mortgages - DU only underwriting MORRIS Plan Year Fixed Rate Conf MORRIS Plan Year Fixed Rate Conf 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.323) (0.203) (0.163) (0.032) (0.808) (0.688) (0.648) (0.504) (0.384) (0.344) (1.271) (1.151) (1.111) (1.443) (1.323) (1.283) (1.791) (1.671) (1.631) (1.809) (1.689) (1.649) (2.238) (2.118) (2.078) (2.342) (2.222) (2.182) (2.673) (2.553) (2.513) (2.623) (2.503) (2.463) (2.956) (2.836) (2.796) (2.871) (2.751) (2.711) (3.460) (3.340) (3.300) (3.275) (3.155) (3.115) (3.897) (3.777) (3.737) (3.708) (3.588) (3.548) (4.306) (4.186) (4.146) (3.696) (3.576) (3.536) (4.177) (4.057) (4.017) (3.931) (3.811) (3.771) (4.474) (4.354) (4.324) (4.361) (4.241) (4.201) (4.772) (4.652) (4.612) (4.579) (4.459) (4.419) MORRIS Plan Year Fixed Rate Conf MORRIS Plan Year Fixed Rate Conf Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.076) (0.192) (0.072) (0.032) (0.412) (0.292) (0.252) (0.646) (0.526) (0.486) (0.718) (0.598) (0.558) (1.108) (0.988) (0.948) (1.014) (0.894) (0.854) (1.377) (1.257) (1.217) (1.655) (1.535) (1.495) (1.893) (1.773) (1.733) (1.945) (1.825) (1.785) (2.268) (2.148) (2.108) (2.214) (2.094) (2.054) (2.657) (2.537) (2.497) (2.443) (2.323) (2.283) (3.157) (3.037) (2.997) (2.661) (2.541) (2.501) (3.294) (3.174) (3.134) (2.711) (2.591) (2.551) (3.087) (2.967) (2.927) (2.928) (2.808) (2.768) (3.476) (3.356) (3.316) (3.125) (3.005) (2.965) (3.710) (3.590) (3.550) (3.331) (3.211) (3.171) MORRIS Plan Year High Balance Fixed Rate MORRIS Plan Year High Balance Fixed Rate Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.082) (0.154) (0.034) (1.213) (1.093) (1.053) (1.639) (1.519) (1.479) (0.214) (0.094) (0.054) (2.122) (2.012) (1.972) (0.393) (0.273) (0.243) (2.483) (2.373) (2.333) (0.479) (0.359) (0.319) (2.821) (2.711) (2.671) (0.754) (0.634) (0.594) (3.205) (3.085) (3.045) (1.073) (0.953) (0.913) (3.448) (3.328) (3.288) (1.413) (1.293) (1.253) (3.696) (3.586) (3.546) (1.500) (1.380) (1.340) (3.801) (3.681) (3.641) (1.503) (1.383) (1.343) (4.031) (3.911) (3.871) (1.812) (1.692) (1.652) (4.249) (4.129) (4.089) (1.956) (1.836) (1.796) 2 (FNMA) Gold

3 FNMA (GOLD): Conforming & High Balance LLPA's - DU only underwriting All Eligible Mortgage & LTV LLPAs for loans with terms > than 15 yrs -- Add to Price <= 60% % % % % % % > < 620 * * A minimum required credit score of 620 applies to all mortgage loans delivered to FNMA in accordance with the Selling Guide. All Eligible Mortgage Cash Out Refis LLPAs for All Loans -- Add to Price / LTV <= 60% % % % % % % > N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A < 620 * N/A N/A N/A All Eligible Mortgage LLPAs (excluding MCM) -- Apply to All Credit Scores -- Add to Price Product Feature/ LTV <= 60% % % % % % % Conf. 30Yr FRM Purchase High LTV Investment Property N/A N/A > 4 Financed Props (a) N/A N/A 2 - Unit N/A N/A 3-4 Unit N/A N/A N/A N/A Condo w/ Term > 15 Year (a) > 4 Financed Properties applicable to NOO subject prop only Additional LLPAs -- Apply to credit scores for High Balance FRM & ARM -- Add to Price - LTV Product Feature <= 60% % % % % % % High Bal FRM Refi High Bal FRM Cash Out (C/O) N/A N/A N/A High Bal 30 Yr FRM C/O Primary/Second N/A N/A N/A High Bal FRM Purchase High Balance FRM High LTV (2) High Bal LLPA's are in addition to All Eligible Mortgage LLPA's above. High Bal specials don t apply for HomeReady (2) High Balance FRM High LTV - This LLPA applies to all purpose types over 80% Mortgages with Subordinate Financing -- Add to Price All mortgages with Subordinate Financing* HomeReady -- Cumulative LLPA Caps Product Feature LLPA Caps scores LTV > 80% and LTV CLTV * < 720 >= 720 All other LTV ratio/'s < 65% % * Pricing unavailable through MORRIS. Please contact your AE % % * If the sum of all applicable LLPAs exceeds the caps listed above, % % the excess will be waived. LPMI single premium Adj still apply % % < 95% % * LLPA's in this table are based on CLTV, which does NOT include the undrawn portion of a home equity line of credit. Other LTV/CLTV hits are cumulative LPMI Single Premium Adjustments 30 Year Fixed - HomeReady Base LTV Coverage % % 25% 1.68% 2.27% 2.82% 3.32% 4.09% 5.36% 5.82% 6.35% 95% % 25% 1.41% 1.91% 2.36% 2.74% 3.35% 4.37% 4.63% 4.93% 30 Year Fixed & ARM's > 5 Years 95% % 30% 1.60% 2.22% 2.75% 3.21% 3.94% 5.16% 5.48% 5.83% 90% % 25% 1.20% 1.68% 2.08% 2.49% 3.01% 4.06% 4.22% 4.42% 85% & Under 12% 0.59% 0.72% 0.83% 0.97% 1.13% 1.52% 1.57% 1.62% < 20 Year Fixed - HomeReady 97% % 25% 1.09% 1.43% 1.76% 2.05% 2.49% 3.19% 3.39% 3.62% 95% % 25% 0.95% 1.24% 1.50% 1.74% 2.08% 2.66% 2.77% 2.91% < 20 Year Fixed 95% % 25% 0.95% 1.24% 1.50% 1.74% 2.08% 2.66% 2.77% 2.91% 90% % 12% 0.59% 0.72% 0.84% 0.95% 1.10% 1.40% 1.43% 1.47% 85% & Under 6% 0.43% 0.47% 0.49% 0.53% 0.58% 0.69% 0.71% 0.72% Premium Adjustments Rate/Term Refinance * 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Cash Out 0.54% 0.60% 0.70% 0.85% 1.05% 1.50% 1.65% 1.80% Second Home 0.36% 0.39% 0.49% 0.60% 0.70% 1.23% 1.27% 1.35% 3-4 Unit 1.02% 1.19% 1.33% 1.50% 1.75% 1.90% 2.00% 2.63% Investment Property 1.02% 1.19% 1.33% 1.50% 1.75% 1.90% 2.00% 2.63% 3 (FNMA) Gold New LLPA

4 FHLMC (Standard): Conforming & High Balance Fixed First Mortgages - LP Only MORRIS Plan Year Fixed Rate Conf MORRIS Plan Year Fixed Rate Conf MORRIS Plan Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.232) (0.112) (0.102) (0.578) (0.448) (0.408) (0.272) (0.172) (0.172) (0.704) (0.584) (0.574) (1.111) (0.991) (0.951) (0.706) (0.596) (0.576) (1.373) (1.263) (1.243) (1.751) (1.631) (1.591) (1.198) (1.088) (1.068) (1.989) (1.859) (1.829) (2.398) (2.268) (2.208) (1.467) (1.357) (1.337) (2.512) (2.382) (2.362) (2.833) (2.703) (2.643) (1.973) (1.873) (1.853) (2.823) (2.703) (2.693) (3.126) (2.986) (2.936) (2.378) (2.248) (2.208) (3.071) (2.951) (2.941) (3.630) (3.490) (3.440) (2.767) (2.637) (2.607) (3.495) (3.355) (3.355) (4.067) (3.927) (3.897) (3.267) (3.137) (3.107) (3.928) (3.788) (3.788) (4.486) (4.336) (4.316) (3.404) (3.274) (3.234) (3.916) (3.776) (3.786) (4.357) (4.207) (4.187) (3.227) (3.067) (3.017) (4.181) (4.011) (4.031) (4.694) (4.504) (4.484) (3.616) (3.456) (3.396) (4.611) (4.441) (4.471) (4.982) (4.802) (4.782) (3.840) (3.690) (3.630) (4.819) (4.659) (4.689) MORRIS Plan Year High Balance Fixed Rate MORRIS Plan Year High Balance Fixed Rate Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.032) (0.104) (1.163) (1.043) (1.003) (1.589) (1.469) (1.429) (0.214) (0.094) (0.054) (2.072) (1.962) (1.922) (0.393) (0.273) (0.243) (2.433) (2.323) (2.283) (0.479) (0.359) (0.319) (2.771) (2.661) (2.621) (0.754) (0.634) (0.594) (3.155) (3.035) (2.995) (1.073) (0.953) (0.913) (3.398) (3.278) (3.238) (1.413) (1.293) (1.253) (3.646) (3.536) (3.496) (1.500) (1.380) (1.340) (3.751) (3.631) (3.591) (1.503) (1.383) (1.343) (3.981) (3.861) (3.821) (1.812) (1.692) (1.652) (4.199) (4.079) (4.039) (1.956) (1.836) (1.796) FHLMC (Standard): Conforming & High Balance ARM's - LP Only 5/1 LIBOR ARM Conf 7/1 LIBOR ARM Conf MORRIS Plan 273 MORRIS Plan 274 MORRIS Plan 275 Margin Caps 5/2/5 15 Year Fixed Rate Conf 1 Yr Libor % 10/1 LIBOR ARM Conf Margin Caps 5/2/5 Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.040) (0.210) (0.085) (0.380) (0.255) (0.130) (0.570) (0.445) (0.320) (0.850) (0.725) (0.600) (0.730) (0.605) (0.480) (1.010) (0.885) (0.760) (0.050) (0.890) (0.765) (0.640) (1.170) (1.045) (0.920) (0.210) (0.085) MORRIS Plan 290 5/1 LIBOR ARM HB Margin 7/1 LIBOR ARM HB 10/1 LIBOR ARM HB MORRIS Plan 291 MORRIS Plan Caps 2/2/5 Margin Caps 5/2/5 Margin Caps 5/2/5 Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (FHLMC) Standard

5 FHLMC (Standard): Conforming & High Balance LLPA's - LP Only ARM's - Maximum number of financed properties (including the subject) for SH & INV 7/1 & 10/1 ARMs is six (6), 5/1 ARM maximum is limited to one (1) LTV/ <= 60% % % % % % % > < 620 * Cash Out Refis LLPAs for all Loans -- Add to Price / LTV <= 60% % % % % % % > N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A < 620 * N/A N/A N/A Additional LLPAs -- Apply to All Credit Scores -- Add to Price Product Feature / LTV <= 60% % % % % % Conf 30 Yr Purchase Special ARM Condo w/ Term > 15 Year Investment Property N/A N/A > 4 Financed Prop (a) N/A N/A 2-4 Unit N/A N/A N/A Second Home > 85% N/A (a) > 4 financed prop but no more than 6 financed props allowed under this program. Applies to NOO subject prop. Additional LLPAs -- Apply to credit scores for High Balance FRM & ARM -- Add to Price - LTV Product Feature <= 60% % % % % % High Bal FRM Refi High Bal FRM Cash Out (C/O) N/A N/A N/A High Bal 30 Yr FRM C/O Primary/Second N/A N/A N/A High Balance FRM Purchase High Balance FRM High LTV (1) 'High Bal LLPA's are in addition to All Eligible Mortgage LLPA's above. (1) High Balance FRM High LTV - This LLPA applies to all purpose types over 80% High Balance ARM Refi High Balance ARM CashOut N/A N/A N/A High Balance ARM Purchase Mortgages with Subordinate Financing -- Add to Price LTV TLTV * < 720 >= 720 < 75.00% < 80.00% < 65.00% % % % % % * LLPA's in this table are based on TLTV, which does NOT include the undrawn portion of a home equity line of credit. Other LTV/TLTV hits are cumulative LPMI Single Premium Adjustments 30 Year Fixed & ARM's > 5 Years Base LTV Coverage % % 30% 1.60% 2.22% 2.75% 3.21% 3.94% 5.16% 5.48% 5.83% 90% % 25% 1.20% 1.68% 2.08% 2.49% 3.01% 4.06% 4.22% 4.42% 85% & Under 12% 0.59% 0.72% 0.83% 0.97% 1.13% 1.52% 1.57% 1.62% < 20 Year Fixed 95% % 25% 0.95% 1.24% 1.50% 1.74% 2.08% 2.66% 2.77% 2.91% 90% % 12% 0.59% 0.72% 0.84% 0.95% 1.10% 1.40% 1.43% 1.47% % & Under 6% 0.43% 0.47% 0.49% 0.53% 0.58% 0.69% 0.71% 0.72% Premium Adjustments Rate/Term Refinance 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Cash Out 0.54% 0.60% 0.70% 0.85% 1.05% 1.50% 1.65% 1.80% Second Home 0.36% 0.39% 0.49% 0.60% 0.70% 1.23% 1.27% 1.35% 3-4 Unit 1.02% 1.19% 1.33% 1.50% 1.75% 1.90% 2.00% 2.63% Investment Property 1.02% 1.19% 1.33% 1.50% 1.75% 1.90% 2.00% 2.63% scores 5 (FHLMC) Standard New llpa's

6 Gold Program & Gold 90- Jumbo Fixed Rate Mortgages MORRIS Plan Year Super Jumbo Fixed Rate MORRIS Plan Year Super Jumbo Fixed Rate MORRIS Plan Year Super Jumbo 90 Fixed Rate Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.490) (0.260) (0.120) (0.010) (0.950) (0.370) (0.170) (0.640) (0.500) (0.350) (0.540) (0.330) (0.120) (1.380) (0.800) (0.590) (0.990) (0.850) (0.700) (0.950) (0.740) (0.530) (1.780) (1.200) (0.990) (1.290) (1.150) (1.010) (1.340) (1.140) (0.930) (2.140) (1.550) (1.340) (1.530) (1.390) (1.250) (1.730) (1.530) (1.330) (2.490) (1.910) (1.700) (1.710) (1.580) (1.440) (2.830) (2.260) (2.060) (1.820) (1.690) (1.550) (3.140) (2.570) (2.380) (2.030) (1.900) (1.760) (3.350) (2.780) (2.580) 1 Yr Libor % Gold Program - Jumbo Arm's 5/1 LIBOR ARM Super Jumbo 7/1 LIBOR ARM Super Jumbo MORRIS Plan 574 MORRIS Plan 575 MORRIS Plan 576 Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.120) (0.010) (0.440) (0.330) (0.230) (0.060) (0.730) (0.630) (0.520) (0.030) (0.510) (0.370) (0.230) (0.980) (0.880) (0.780) (0.470) (0.350) (0.220) (0.990) (0.850) (0.700) (1.220) (1.120) (1.020) (0.860) (0.750) (0.620) (1.430) (1.300) (1.160) (1.460) (1.360) (1.260) (1.170) (1.060) (0.930) (1.780) (1.640) (1.510) (1.660) (1.560) (1.460) (1.390) (1.270) (1.150) (2.050) (1.920) (1.780) (1.840) (1.740) (1.640) (1.610) (1.500) (1.380) (2.330) (2.200) (2.060) (1.980) (1.880) (1.780) (1.840) (1.720) (1.600) (2.570) (2.440) (2.300) (2.100) (2.000) (1.900) (2.020) (1.910) (1.790) (2.760) (2.630) (2.500) Gold Program - Jumbo Plus (Non-QM) 10/1 LIBOR ARM Super Jumbo Max Net Rebate MORRIS Plan Year Super Jumbo Plus Fixed Rate Loan Amount 30 Yr 15 Yr 90LTV* 30 Yr Rate 15 Day 30 Day 45 Day < $1,000, > $1,000, (0.070) Loan Amount 10/1 ARM 5/1 ARM 7/1 ARM (0.550) (0.340) (0.130) < $1,000, (0.990) (0.780) (0.570) > $1,000, (1.390) (1.180) (0.970) Loan Amount (non-qm)* (1.690) (1.480) (1.270) < $1,000, (2.060) (1.860) (1.660) > $1,000, (2.400) (2.200) (2.010) Max YSP cannot exceed max net rebate above. A full ALTA is (2.700) (2.500) (2.310) required for all Gold Jumbo products (2.970) (2.770) (2.580) *non-qm & 90: Loan must be approved in order to lock 6 Gold Jumbo

7 Gold Program & Gold Plus Jumbo LLPAs & LTV/ HCLTV LLPAs (Purchase)-- Add to Price Jumbo 90 Only No MI No MI No MI / LTV (HCLTV) NA NA NA NA NA NA NA NA NA NA (0.500) (0.250) (0.125) NA NA NA NA NA NA NA (0.750) (0.625) (0.375) (0.125) NA NA NA (0.750) (0.750) (0.625) (0.375) (0.250) NA (0.875) (0.875) (0.750) (0.625) (0.375) (0.125) NA (0.375) (0.125) (0.875) (0.875) (0.875) (0.750) (0.625) (0.500) (0.375) (0.625) (0.500) 780 (1.000) (0.875) (0.875) (0.875) (0.750) (0.625) (0.500) (0.875) (0.750) & LTV/ HCLTV LLPAs (Rate/Term Refi)-- Add to Price No MI No MI No MI / LTV (HCLTV) NA NA NA NA NA NA NA NA NA NA (0.250) NA NA NA NA NA NA NA (0.500) (0.375) (0.125) NA NA NA (0.500) (0.500) (0.375) (0.125) NA (0.750) (0.625) (0.500) (0.375) (0.125) NA (0.750) (0.750) (0.625) (0.500) (0.375) (0.250) (0.125) (0.250) (0.750) (0.750) (0.750) (0.625) (0.500) (0.375) (0.250) (0.625) (0.375) & LTV/ HCLTV LLPAs (Cash Out Refi)-- Add to Price No MI No MI No MI / LTV (HCLTV) NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA (0.375) (0.250) NA NA NA NA NA (0.375) (0.375) (0.250) NA NA NA NA NA (0.625) (0.500) (0.375) (0.250) NA NA NA NA NA (0.625) (0.625) (0.500) (0.375) (0.250) NA NA NA NA NA 780 (0.625) (0.625) (0.625) (0.500) (0.375) NA NA NA NA NA Loan Amount & LTV, CLTV (HCLTV) LLPAs for all Loans -- Add to Price No MI No MI No MI Loan Amounts ,000, ,000,001-1,500, NA ,500,001-2,000, NA NA NA NA 2,000,001-2,500, NA NA NA NA NA Feature LLPAs for all Loans -- Add to Price No MI No MI No MI Feature Unit NA NA NA NA NA 3-4 Units NA NA NA NA NA Second Home NA NA NA Investment NA NA NA NA NA Non-War. Condo NA NA NA NA NA NA NA NA NA NA Condo-Hotel NA NA NA NA NA NA NA NA NA NA Product LLPAs for all Loans -- Add to Price No MI No MI No MI Product yr Hybrid (0.375) NA NA 7 yr Hybrid (0.250) NA NA 10 yr Hybrid NA NA 15 yr Fixed (0.125) (0.250) (0.500) NA NA 20 yr Fixed (0.250) (0.250) (0.250) (0.250) (0.250) (0.250) (0.250) (0.250) (0.250) (0.250) 30 yr Fixed State LLPAs for all Loans -- Add to Price No MI No MI No MI 30 Yr Fixed CA All Hybrid ARM CA Escrow LLPAs for all Loans -- Add to Price No MI No MI No MI With Escrows (0.125) (0.125) (0.125) (0.125) (0.125) (0.125) (0.125) (0.125) (0.125) (0.125) Jumbo Locks - Advance Locks eligible on purchase Gold Jumbo locks must be credit approved prior to lock, besides purchase transactions Gold Jumbo Plus & Jumbo 90 locks must be approved prior to lock All self-employed jumbo loans which need 2016 tax returns to qualify, we will need proof of refund prior to lock. 7 Gold Jumbo llpa's

8 Diamond Program - Jumbo Fixed Rate Mortgages MORRIS Plan 528/532 MORRIS Plan 529 Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day 30 Yr 15 Yr /1 ARM 7/1 ARM 10/1 ARM ** Max YSP cannot exceed max net rebate above (0.230) (0.100) (0.330) (0.200) (0.080) (0.590) (0.470) (0.340) (0.700) (0.570) (0.450) (0.840) (0.710) (0.590) (1.040) (0.910) (0.790) (1.170) (1.040) (0.920) (1.360) (1.230) (1.110) (1.480) (1.360) (1.230) (1.670) (1.550) (1.420) (1.700) (1.580) (1.450) (1.940) (1.810) (1.690) (2.250) (2.130) (2.000) Diamond Program - Jumbo Arm's MORRIS Plan 539/547 5/1 LIBOR ARM Jumbo MORRIS Plan 540/548 7/1 LIBOR ARM Jumbo MORRIS Plan 541/549 10/1 LIBOR ARM Jumbo Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.270) (0.140) (0.020) (0.170) (0.040) (0.280) (0.150) (0.030) (0.600) (0.470) (0.350) (0.560) (0.440) (0.310) (0.650) (0.530) (0.400) (0.910) (0.780) (0.660) (0.940) (0.810) (0.690) (1.010) (0.890) (0.760) (1.200) (1.080) (0.950) (1.210) (1.080) (0.960) (1.350) (1.220) (1.100) (1.390) (1.270) (1.140) (1.490) (1.360) (1.240) (1.620) (1.490) (1.370) (1.630) (1.500) (1.380) (1.740) (1.620) (1.490) (1.830) (1.700) (1.580) (1.870) (1.740) (1.620) (1.950) (1.820) (1.700) (2.010) (1.890) (1.760) Diamond Program Jumbo LLPAs 30 Year Jumbo Fixed Rate 15 Year Jumbo Fixed Rate Max Net Rebate & LTV/ HCLTV LLPAs for all Loans -- Add to Price / LTV (HCLTV) <= 55% % % % % % % % (0.375) (0.250) (0.125) n/a n/a n/a (0.500) (0.375) (0.250) (0.250) (0.500) (0.375) (0.250) (0.250) (0.500) (0.375) (0.375) (0.375) (0.125) (0.500) (0.500) (0.500) (0.375) (0.250) Purpose LLPAs - Add to Price Purpose <= 55% % % % % % % % CashOutRefi (Full AM) n/a n/a n/a n/a Purchase (Full AM) (0.375) (0.375) (0.250) (0.250) (0.250) (0.250) Expanded-- Add to Price Expanded <= 55% % % % % % % % > 80 LTV NO MI (Full AM) n/a n/a n/a n/a n/a n/a Investor (Full AM) n/a n/a n/a n/a Jumbo Locks - Advance Locks eligible on purchase All Jumbo locks must be credit approved prior to lock, besides purchase transactions All self-employed jumbo loans which need 2016 tax returns to qualify, we will need proof of refund prior to lock. 1 Yr Libor % 8 Diamond Jumbo

9 FHA Program - Conforming & High Balance Fixed Rate First Mortgages * High Balance Loans need to be verified with HUD FHA mtg limits MORRIS Plan Yr Fixed Gov - Conf. MORRIS Plan Yr Fixed Gov - High Bal FHA Info: Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Fremont Banks Originator ID is (0.320) (0.260) (0.210) (0.900) (0.840) (0.790) Address: (1.440) (1.380) (1.330) Fremont Blvd (1.770) (1.690) (1.630) (0.240) (0.210) (0.140) Fremont, CA (2.320) (2.250) (2.180) (0.740) (0.710) (0.640) (2.880) (2.800) (2.730) (1.220) (1.180) (1.120) Phone: (3.330) (3.260) (3.190) (1.660) (1.620) (1.550) (3.270) (3.220) (3.130) (1.850) (1.800) (1.710) (3.740) (3.650) (3.560) (2.250) (2.200) (2.110) (4.220) (4.120) (4.040) (2.580) (2.530) (2.440) (4.630) (4.530) (4.450) (2.830) (2.780) (2.700) (4.030) (3.950) (3.850) (2.260) (2.190) (2.090) (4.360) (4.260) (4.150) (2.510) (2.450) (2.340) (4.780) (4.680) (4.570) (2.710) (2.640) (2.540) (5.070) (4.970) (4.860) (2.430) (2.370) (2.260) FHA Streamline Program - Conforming & High Balance Fixed Rate First Mortgages MORRIS Plan Yr Fixed Gov - Conf. MORRIS Plan Yr Fixed Gov - Conf. MORRIS Plan Yr Fixed Gov - High Bal Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.320) (0.260) (0.210) (0.900) (0.840) (0.790) (1.440) (1.380) (1.330) (0.470) (0.450) (0.340) (1.770) (1.690) (1.630) (0.930) (0.900) (0.790) (0.240) (0.210) (0.140) (2.320) (2.250) (2.180) (1.360) (1.340) (1.220) (0.740) (0.710) (0.640) (2.880) (2.800) (2.730) (1.900) (1.860) (1.790) (1.220) (1.180) (1.120) (3.330) (3.260) (3.190) (2.320) (2.280) (2.210) (1.660) (1.620) (1.550) (3.270) (3.220) (3.130) (2.710) (2.680) (2.600) (1.850) (1.800) (1.710) (3.740) (3.650) (3.560) (3.080) (3.040) (2.970) (2.250) (2.200) (2.110) (4.220) (4.120) (4.040) (2.850) (2.800) (2.750) (2.580) (2.530) (2.440) (4.630) (4.530) (4.450) (3.180) (3.130) (3.080) (2.830) (2.780) (2.700) (4.030) (3.950) (3.850) (2.260) (2.190) (2.090) (4.360) (4.260) (4.150) (2.510) (2.450) (2.340) (4.780) (4.680) (4.570) (2.710) (2.640) (2.540) (5.070) (4.970) (4.860) (2.430) (2.370) (2.260) FHA LLPAs - Applys to all FHA programs - Add to Price OTHER FHA Price Adjustments - Add to Price Purchase Loan Refi Loan (Non Streamline) FHA Streamline Refi 0-115% LTV FHA Streamline Refi % LTV All Loans FHA Single Family Mortgage Insurance Premiums - Upfront and Annual MIP Terms > 15 Years Term <= 15 Years MIP - Upfront & Annual - Effective MIP - Upfront & Annual - Effective Base Loan Amount LTV Annual MIP Upfront MIP Base Loan Amount LTV Annual MIP < $625,500 < 95% < $625,500 < 95% 0.45 < $625,500 > 95% < $625,500 > 95% 0.70 > $625,500 < 95% > $625,500 < 95% 0.70 > $625,500 > 95% > $625,500 > 95% 0.95 Upfront MIP FHA rate

10 4/19/2019 Wholesale Portfolio Ratesheet 1 YR LIBOR % 5/1 Libor ARM (Fully Amortizing) 2/2/5 Caps MORRIS Plan 403 Price Note Rate Caps Margin: Primary and Second Home Margin: Investment Property Lock Term 406/ % 2%/2%/5% 2.875% 3.250% 45 Days 406/403 (1.000) 3.875% 2%/2%/5% 2.875% 3.250% 45 Days 406/403 (1.250) 3.990% 2%/2%/5% 2.875% 3.250% 45 Days 406/403 (1.375) 4.125% 2%/2%/5% 2.875% 3.250% 45 Days 406/403 (1.500) 4.250% 2%/2%/5% 2.875% 3.250% 45 Days 7/1 Libor ARM (Fully Amortizing) 5/2/5 Caps MORRIS Plan 408 Price Note Rate Caps Margin: Primary and Second Home Margin: Investment Property Lock Term 407/ % 5%/2%/5% 2.875% 3.250% 45 Days 407/408 (1.000) 4.125% 5%/2%/5% 2.875% 3.250% 45 Days 407/408 (1.125) 4.250% 5%/2%/5% 2.875% 3.250% 45 Days 407/408 (1.250) 4.375% 5%/2%/5% 2.875% 3.250% 45 Days Rate Adjustments are not Final until the file has received Final Approval by our Loan Committee and cleared for docs Loan Level Rate Adjustments Expanded Loan Level Rate Adjustments Add to Rate Approval to Process needed prior to lock/submission (contact your AE) All Adjustments are independent of each other Add to Rate 5/1 Purchase Special (a) All Adjustments are independent of each other 7/1 Purchase Special (a) Non- Warrantable Condo (b) Investment Property Asset Depletion Condo Adjustment Alternative Income Cash Out > $100,000 - $250, Alternative Credit Program Cash Out > $250,000 - $500, > 10 financed properties (c) >75%- 80% LTV Short Sale >4 years seasoning > BK > 4 years Seasoned Foreclosure > 7 years DTI >43% - 45% DTI >45% - 48% File Complexity (d) Unit Property >75%- 80% LTV for I/O financed properties (c) I/O (min720, max LTV 65% NOO/70% OO. No exceptions * I/O hit is normally 0.25; If loan doesn t meet above min/max the 0.25 applies (a) Purchase Specials Not Applicable for: Major Derogatory Credit & Outside Footprint Lock Extensions: Add to fee (b) Non-Warrantable Condo adjustment is in addition to standard condo adjustment if applicable. 7 days ; 15 days ; Max 15 days. Worse Case after max ext. (c) > 4 financed property adjustments do not apply if subject property is a primary residence (d) File Complexity: 2 or more of following - >10 Fin Props, Leaseholds, 3 or more Biz Tax Returns, New Condo Proj. w/full Legal Review - DTI to 48% for fully Amortizing - DTI to 43% for I/O (Please consult your AE for qualifying purposes) Loan Amount and LTV Limitations Fully Amortizing and Interest Only Occupancy LTV CLTV 80% 80% $100,000 to < $1,000,000 Primary 75% 75% $1,000,001 to < $1,500,000 70% 70% $1,500,001 to < $2,500,000 Second Home 80% 80% $100,000 to < $1,000,000 Investment Property - Fully Amortizing 70% 70% $100,000 to < $1,000,000 Investment Property - Interest Only 65% 65% $100,000 to < $1,000,000 Investment Property & Second Home > 4 financed 65% 65% $100,000 to < $1,000,000 Loan Amount RATE LOCK AND SUBMISSION REQUIREMENTS Loans that fit guidelines and are < $1M are lock eligible upon receipt of file submission. Loans > $1M or loans that require a guideline exception must have an 'Approval to Process' to be lock eligible. ** Rate Lock Term is 45 Days - File delivery within 5 business days or Lock Subject to Cancellation. ** To receive an 'Approval to Process', send your Account Executive your scenario. Accuracy is Critical. Be sure to indicate retirement accounts. Loss Payee: Fremont Bank, Its' Successors and/or Assigns. PO Box 7295, Fremont, CA 94536

11 Home Equity Line of Credit - Prime Combo Rates & Terms Primary Second Home Investment Margin Adjustment Base Start Rate % 6.250% 7.250% ALP (2) % Index WSJ Prime Rate is 5.5% as of Friday, April 19, 2019 Base Margin * % % % Floor Rate 3.990% 3.990% 5.990% Additional Margin Adjustments (Cumulative to Net Margin Adj) HCLTV > 75% to < 80% HCLTV > 80% to < 85% HCLTV > 85% to < 89.99% % % % Condo 2-4 Unit Property % % Other Terms Life Cap Amortization 18% Adjustable Rate Term Minimum Payment 25-years (10-year draw period then15-year repayment) Interest Only during 10-year draw period and fully amortizing payments during 15-year repayment period Annual Fee Set Up Charge Early Closure Fee $75.00 (Promo: Waived for first 3 Years) $95.00 (Promo: Waived Set up fee) $ for all HELOCs with line amounts $25,000 voluntarily terminated in the first 3 years 1 Base Start Rate includes index + margin. For total rate add all applicable margin adjustments to the base start rate. 2 ALP (Automatic Loan Payment) discount is applied after closing and is subject to disbursements from a Fremont Bank checking account. Eligible Counties Northern CA Footprint (limited to the following counties) Southern CA Footprint (limited to the following counties) See guidelines for details Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Francisco, San Mateo, Santa Clara, Santa Cruz, and Sonoma Los Angeles, Orange, San Diego, San Luis Obispo, Santa Barbara, and Ventura HelocGuide 11 HELOC

12 Home Equity Line of Credit Combo Rates & Terms Primary Second Home Investment Margin Adjustment Base Start Rate % 6.250% 7.250% ALP (2) % Index WSJ Prime Rate is 5.5% as of Friday, April 19, 2019 Base Margin * % % % Floor Rate 3.990% 3.990% 5.990% Additional Margin Adjustments (Cumulative to Net Margin Adj) HCLTV > 75% to < 80% HCLTV > 80% to < 85% HCLTV > 85% to < 89.99% % % % Condo 2-4 Unit Property % % Other Terms Life Cap Amortization 18% Adjustable Rate Term Minimum Payment 30-years (10-year draw period then 20-year repayment) Draw Period: Principal over 30-year or remaining term plus periodic finance charges. Repayment Period: Principal over 20-year or remaining term plus periodic finance charges Annual Fee Set Up Charge Early Closure Fee $75.00 (Promo: Waived for first 3 Years) $95.00 (Promo: Waived Set up fee) $ for all HELOCs with line amounts $25,000 voluntarily terminated in the first 3 years 1 Base Start Rate includes index + margin. For total rate add all applicable margin adjustments to the base start rate. 2 ALP (Automatic Loan Payment) discount is applied after closing and is subject to disbursements from a Fremont Bank checking account. Eligible Counties Northern CA Footprint (limited to the following counties) Southern CA Footprint (limited to the following counties) See guidelines for details Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Francisco, San Mateo, Santa Clara, Santa Cruz, and Sonoma Los Angeles, Orange, San Diego, San Luis Obispo, Santa Barbara, and Ventura Heloc360Guide 12 HELOC 360

13 WHOLESALE SALES TEAMS NORTHERN CALIFORNIA SALES SUPPORT Name Contact # Address Region Mitzi Espinoza Mitzi.Espinoza@fremontbank.com Northern California ACCOUNT EXECUTIVES Name Contact # Address Account Exec. Region Mark Levitch mark.levitch@fremontbank.com Contra Costa/Alameda Co. Royal Gooden royal.gooden@fremontbank.com East Bay Joe Melo joe.melo@fremontbank.com South Bay/Peninsula/Central Coast Ken Owens ken.owens@fremontbank.com South Bay Mike Cook mike.cook@fremontbank.com Sacramento Arnie Abramo arnie.abramo@fremontbank.com San Francisco/North Bay SOUTHERN CALIFORNIA Name Contact # Address Region Scott Borst scott.borst@fremontbank.com Sales Manager: Southern- Cal SALES SUPPORT Name Contact # Address Region Scott Parrott Scott.Parrott@fremontbank.com Southern California Matthew Murphy Matthew.Murphy@fremontbank.com Southern California ACCOUNT EXECUTIVES Name Contact # Address Account Exec. Region Scott McCarthy Scott.McCarthy@fremontbank.com San Diego Howard Goldman Howard.Goldman@fremontbank.com Orange County/Los Angeles John Chang john.chang@fremontbank.com San Gabriel, South LA/North Orange Lisa Kocsis lisa.kocsis@fremontbank.com Orange County, LA Bonnie Kalem bonnie.kalem@fremontbank.com LA, Ventura & Santa Barbara Abdul Aref abdul.aref@fremontbank.com Los Angeles/Orange County George Caramihai George.Caramihai@fremontbank.com San Fernando Valley/Los Angeles Nafice Amini nafice.amini@fremontbank.com Orange County, San Bernadino/Riverside 13 contact info