FHA LOAN ADJUSTMENTS

Transcription

1 FHA Programs MacArthur Blvd., Ste 200 Date: Rate Sheet ID: Borrower Paid FHA 30 Year Fixed FHA 15 Year Fixed FHA 30 Year Fixed (HB) (0.737) (0.627) (0.377) (0.917) (0.839) (0.589) (0.840) (0.782) (0.532) (1.866) (1.756) (1.506) (1.350) (1.272) (1.022) (1.193) (1.134) (0.884) (2.352) (2.242) (1.992) (1.618) (1.540) (1.290) (1.452) (1.393) (1.143) (2.806) (2.696) (2.446) (1.881) (1.803) (1.553) (1.709) (1.651) (1.401) (3.130) (3.020) (2.770) (3.699) (3.602) (3.352) (3.355) (3.245) (2.995) (4.092) (3.996) (3.746) (3.783) (3.673) (3.423) (4.342) (4.245) (3.995) (4.177) (4.067) (3.817) (4.674) (4.599) (4.349) (4.466) (4.356) (4.106) (5.337) (5.262) (5.012) (5.656) (5.581) (5.331) (5.995) (5.920) (5.670) (6.377) (6.302) (6.052) FHA 15 Year Fixed (HB) FHA 5YR ARM FHA 5/1 ARM (HB) (0.209) (0.151) (0.713) (1.280) (1.030) (0.463) (0.405) (0.155) (1.195) (1.118) (0.868) (0.931) (1.497) (1.247) (0.681) (0.622) (0.372) (1.541) (1.463) (1.213) (1.042) (1.590) (1.340) (0.792) (0.715) (0.465) (1.768) (1.690) (1.440) (1.262) (1.809) (1.559) (1.012) (0.934) (0.684) (1.823) (1.745) (1.495) (1.451) (1.248) (0.998) (1.201) (1.123) (0.873) (2.114) (2.017) (1.767) (1.619) (1.417) (1.167) (1.369) (1.292) (1.042) (2.306) (2.209) (1.959) FHA 30YR Fixed Streamline FHA 30 Yr Fixed HB Streamline FHA 5/1 ARM Streamline (1.350) (1.272) (1.022) (0.022) (0.242) (0.183) (1.618) (1.540) (1.290) (0.290) (0.212) (0.484) (0.426) (0.176) (1.881) (1.803) (1.553) (0.552) (0.475) (0.225) (0.713) (0.655) (0.405) (3.699) (3.602) (3.352) (2.543) (2.446) (2.196) (0.931) (0.872) (0.622) (4.092) (3.996) (3.746) (2.936) (2.839) (2.589) (1.042) (0.965) (0.715) (4.342) (4.245) (3.995) (3.186) (3.089) (2.839) (1.262) (1.184) (0.934) (4.585) (4.488) (4.238) (3.429) (3.332) (3.082) (1.451) (1.373) (1.123) (5.324) (5.207) (4.957) (3.657) (3.560) (3.310) (1.619) (1.542) (1.292) FHA FICO Adjustments FHA FICO FHA FICO FHA FICO FHA FICO FHA FICO Miscellaneous Adjustments All FHA Programs NOO or 2nd Home (Streamline Only) Units Manual Underwrite full docs only Manufactured Housing (purchase/rt) Manufactured Housing (Cash out) W 2 Transcript Only or LP Findings High Balance FICO < FHA ARMS Loan Amount All FHA Programs Index: T Bill Treasury $75K <= $100K Caps: 1/1/5 LOAN SIZE > 100K <= $149K Margin: LOAN SIZE > 149K *Minimum Loan Amount $75K* *Max Final Price including comp Cannot exceed (5.00)* FHA LOAN ADJUSTMENTS Note : APR between over APOR is acceptable on all loan program, APR over 200 not available on scores less than 620. FFIEC Rate Spread Calculator : LOCKS, EXTENSIONS AND RELOCKS ACCEPTED UNTIL 4:00 PM PT LLPAs may change without notice.

2 19000 MacArthur Blvd., Ste 200 Date: VA Programs Borrower Paid VA 30 Year Fixed VA 15 Year Fixed VA 30 Year Fixed (HB) (0.317) (0.239) (0.573) (0.463) (0.213) (0.750) (0.672) (0.422) (0.240) (0.182) (1.702) (1.592) (1.342) (1.018) (0.940) (0.690) (0.593) (0.534) (0.284) (2.188) (2.078) (1.828) (1.281) (1.203) (0.953) (0.852) (0.793) (0.543) (2.642) (2.532) (2.282) (3.099) (3.002) (2.752) (1.109) (1.051) (0.801) (2.966) (2.856) (2.606) (3.492) (3.396) (3.146) (3.191) (3.081) (2.831) (3.742) (3.645) (3.395) (3.619) (3.509) (3.259) (3.985) (3.888) (3.638) (4.013) (3.903) (3.653) (4.724) (4.607) (4.357) (4.302) (4.192) (3.942) (5.074) (4.958) (4.708) VA 15 Year Fixed (HB) VA 5YR ARM VA 5/1 ARM (HB) (0.976) (0.898) (0.648) (0.851) (0.773) (0.523) (1.144) (1.067) (0.817) (1.019) (0.942) (0.692) (0.595) (0.518) (0.268) (0.941) (0.863) (0.613) (1.168) (1.090) (0.840) (1.223) (1.145) (0.895) (1.514) (1.417) (1.167) (1.706) (1.609) (1.359) VA 30YR Fixed IRRRL VA 15 Yr Fixed IRRRL VA 30 Yr Fixed HB IRRRL (0.167) (0.089) (0.090) (0.032) (0.600) (0.522) (0.272) (0.443) (0.384) (0.134) (0.868) (0.790) (0.540) (0.702) (0.643) (0.393) (0.052) (1.131) (1.053) (0.803) (0.959) (0.901) (0.651) (2.043) (1.946) (1.696) (2.949) (2.852) (2.602) (1.945) (1.868) (1.618) (2.436) (2.339) (2.089) (3.342) (3.246) (2.996) (2.291) (2.213) (1.963) (2.686) (2.589) (2.339) (3.592) (3.495) (3.245) (2.518) (2.440) (2.190) (2.929) (2.832) (2.582) (3.835) (3.738) (3.488) (2.573) (2.495) (2.245) (4.574) (4.457) (4.207) VA FICO Adjustments VA FICO VA FICO VA FICO VA FICO VA FICO VA ARMS Index: T Bill Treasury VA LOAN ADJUSTMENTS Miscellaneous Adjustments All VA Programs NOO or 2nd Home (Streamline Only) Units Manual Underwrite full docs only Manufactured Housing (purchase/rt) Manufactured Housing (Cash out) W 2 Transcript Only or LP Findings High Balance FICO < Loan Amount All VA Programs Caps: 1/1/5 $75K <= $100K VA ARMS: Margin: 2.00 LOAN SIZE > 100K <= $149K *Minimum Loan Amount $75K* LOAN SIZE > 149K *Max Final Price includding Comp cannot exceed (5.00)* LOCKS, EXTENSIONS AND RELOCKS ACCEPTED UNTIL 4:00 PM PT LLPAs may change without notice.

3 19000 MacArthur Blvd., Ste 200 Date: Ratesheet ID: Conforming Products Borrower Paid 0 FNMA 30 Yr Fixed FNMA 15 Yr Fixed FNMA 10yr Fixed (0.078) (0.019) (0.231) (0.172) (0.396) (0.337) (0.087) (1.070) (0.992) (0.742) (1.634) (1.556) (1.306) (0.346) (0.259) (0.009) (1.618) (1.540) (1.290) (1.999) (1.921) (1.671) (1.125) (1.038) (0.788) (2.147) (2.070) (1.820) (2.356) (2.278) (2.028) (1.907) (1.820) (1.570) (2.599) (2.522) (2.272) (2.660) (2.582) (2.332) (2.541) (2.454) (2.204) (2.977) (2.899) (2.649) (3.050) (2.953) (2.703) (3.017) (2.930) (2.680) (3.300) (3.222) (2.972) (3.394) (3.297) (3.047) (3.729) (3.640) (3.390) (3.550) (3.472) (3.222) (4.391) (4.302) (4.052) (4.969) (4.880) (4.630) FNMA 30 Yr Fixed (HB) FNMA 15 Year Fixed (HB) FNMA 5/1 LIBOR ARM 5/2/5 Margin: 2.25% (0.188) (0.101) (0.969) (0.882) (0.632) (0.332) (0.255) (0.005) (1.575) (1.488) (1.238) (0.691) (0.614) (0.364) (0.153) (1.983) (1.896) (1.646) (0.949) (0.871) (0.621) (0.554) (0.371) (0.121) (2.324) (2.237) (1.987) (1.221) (1.143) (0.893) (0.954) (0.771) (0.521) (2.508) (2.421) (2.171) (1.355) (1.172) (0.922) (2.764) (2.675) (2.425) FNMA 7/1 LIBOR ARM 5/2/5 Margin: 2.25% FNMA 5/1 LIBOR ARM (HB) 5/2/5 Margin: 2.25% FNMA 7/1 LIBOR ARM (HB) 5/2/5 Margin: 2.25% (0.371) (0.188) (0.835) (0.652) (0.402) (0.297) (0.114) (0.255) (0.072) (1.298) (1.115) (0.865) (0.694) (0.511) (0.261) (0.711) (0.528) (0.278) (1.094) (0.911) (0.661) (1.169) (0.986) (0.736) (1.493) (1.310) (1.060) FNMA HomeReady TM 30Yr Fixed FNMA HR TM 5/1 LIBOR ARM 5/2/5 Margin: 2.25% (0.201) (0.020) (0.970) (0.789) (0.539) (1.724) (1.543) (1.293) (2.353) (2.172) (1.922) (0.048) (2.849) (2.668) (2.418) (0.449) (0.266) (0.016) Fannie Mae HomeReady TM LLPAs Adjustments LTV% <=60% % % % % % LTV / FICO Adjusters: >= Fannie Mae Miscellanous Adjustments HomeReadyTM LLPAs Caps Condo or Attached w/ LTV > 75% $75K <= $100K (all Agency products) > 80% LTV & >= 680 FICO, Cap = 0.00 Escrow Waiver (No Impounds) >$100 <= $150K(All Agency) >80% LTV & < 680 FICO, Cap = Unit Property >$150 <= $225K (all Agency Products) <= 80% LTV, Cap = All loan with FICO W2 Only Note: Loan amount and W2 Only adjustment does not include on 1.5 Cap **Max Final Price including Comp Cannot Exceed (4.00) For All Fannie Mae and Freddie Mac Programs** Agency LLPAs may change without notice, please refer to Agency's website for current pricing adjustments

4 19000 MacArthur Blvd., Ste 200 Date: Rate Sheet ID; Conforming Products Borrower Paid Freddie Mac 30 Yr Fixed Freddie Mac 15 Yr Fixed Freddie Mac 10yr Fixed (0.629) (0.550) (0.300) (0.472) (0.393) (0.143) (0.109) (0.012) (1.212) (1.132) (0.882) (1.065) (0.985) (0.735) (0.881) (0.783) (0.533) (1.772) (1.690) (1.440) (1.642) (1.560) (1.310) (1.580) (1.478) (1.228) (2.267) (2.182) (1.932) (2.152) (2.067) (1.817) (2.159) (2.052) (1.802) (2.738) (2.653) (2.403) (2.637) (2.552) (2.302) (2.676) (2.565) (2.315) (3.197) (3.110) (2.860) (3.110) (3.023) (2.773) (3.392) (3.274) (3.024) (3.264) (3.162) (2.912) Freddie Mac30 Yr Fixed (SC) Freddie Mac 15 Year Fixed (SC) Freddie Mac 7/1 LIBOR ARM (0.517) (0.415) (0.165) (1.096) (0.989) (0.739) (0.022) (0.988) (0.877) (0.627) (0.517) (0.432) (0.182) (1.704) (1.586) (1.336) (0.988) (0.903) (0.653) (2.358) (2.238) (1.988) (1.447) (1.360) (1.110) (2.895) (2.771) (2.521) (0.308) (0.206) (0.936) (0.809) (0.559) (0.766) (0.664) (0.414) Freddie Mac 10/1 LIBOR ARM Freddie Mac 7/1 LIBOR ARM (SC) Freddie Mac 10/1 LIBOR (SC) AGENCY and GOVERNMENT Buyout Table Adm Fee Buyout Table $75K $100K >$100K $125K >$125K $150K >$150K $175K >$175K $200K >$200K $250K >$250K $300K >$300K $350K >$350K $500K >$500K Agency $ FHA & VA $ VA IRRRL $ FHA SL $ LOCKS, EXTENSIONS AND RELOCKS ACCEPTED UNTIL 4:00 PM PT Agency LLPAs may change without notice, please refer to Agency's website for current pricing adjustments

5 Investment (NOO) Condo or Attached > 15 Years MacArthur Blvd., Ste 200 Date: Rate Sheet ID: LTV % <= NA NA NA Escrow Waiver (No Impounds) NA NA NA NA 2 4 Unit Property NA NA NA 3 & 4 Unit Property (ARM) NA NA NA NA Subordinate Financing FICO FICO LENDER PAID MI LTV Ratios CLTV Ratios <720 >=720 FICO % % 95.00% 97.00% <= 75.00% <=80% >= NA <= 65.00% 80.01% 95.00% NA % % NA % % NA <=95% % NA Fannie Mae Note : APR greater than 150 over APOR is not acceptable on Conventional programs NA FFIEC Rate Spread Calculator: NA LTV% <=60% % % % % % LTV / FICO Adjusters: All Products w/terms > 15 Yrs >= LTV / FICO Adjusters: Cash Out Refinance (All Terms) >= NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA Fannie Mae Miscellanous Adjustments LPMI < Financed Prop $75K <= $100K (all Agency products) R/T Ref MFH >$100 <= $150K (all Agency Products) nd Homes MFH C/O >$150 <= $225K (all Agency Products) > $417K Texas Cash out W2 Only Appraisal Transfer for Fannie Mae Conf only HIGH BALANCE FANNIE MAE ADJUSTMENTS (If multiple adjusters apply, all adjusters must be used) LTV% <=60% % % % % % Purchase or R/T NA ARM () NA NA Cash out NA NA NA NA Investment (NOO) Condo or Attached > 15 Years FANNIE MAE FIXED AND ARM LLPA FREDDIE MAC LLPA LTV % AGENCY LLPAS ADJUSTMENTS <=60.00 (If multiple adjusters apply, all adjusters must be used) (If multiple adjusters apply, all adjusters must be used) NA NA NA Escrow Waiver (No Impounds) NA NA NA NA 2 Unit Property NA NA 3 & 4 Unit Property NA NA Secondary Financing Freddie Mac MISCELLANOUS ADJUSTMENTS Freddie Mac MISCELLANOUS ADJUSTMENTS LTV CLTV <720 >=720 Purchase or R/T Refin Super Conforming Financed Prop (2nd home/noo only) <=75% <=80% Cash Out Fixed Super Conforming Manufactured Housing <=65% % Texas Cash Out Manufactured Cash out % % $75K <= $100K (all Agency products) Freddie Mac Note : APR greater than 150 over APOR is not % % >$100 <= $150K (all Agency Products) acceptable on Conventional programs. FFiec Rate Spead Calculator: W2 Only or Appraisal Transfer >$150 <= $225K (all Agency Products) LTV% <=60% % % % % % LTV / FICO Adjusters: All Products w/terms > 15 Yrs >= NA NA NA NA NA NA NA LTV / FICO Adjusters: Cash Out Refinance (All Terms) >= NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA **Max Final Price including Comp Cannot Exceed (4.00) For All Fannie Mae and Freddie Mac Programs**

6 19000 MacArthur Blvd., Ste 200 Date: Rate Sheet ID: Platinum Jumbo Programs Purchase Borrower Paid Platinum Jumbo 30 Year Fixed Platimum Jumbo 20 Year Fixed Platinum Jumbo 15 Year Fixed (0.125) (0.125) (0.625) (0.500) (0.250) (0.625) (0.500) (0.250) (1.125) (1.000) (0.750) (1.125) (1.000) (0.750) (1.625) (1.500) (1.250) (1.625) (1.500) (1.250) (2.125) (2.000) (1.750) (0.375) (0.250) (2.000) (1.875) (1.625) (2.500) (2.375) (2.125) (0.750) (0.625) (0.375) (2.375) (2.250) (2.000) (2.875) (2.750) (2.500) (1.125) (1.000) (0.750) (2.750) (2.625) (2.375) (3.250) (3.125) (2.875) (1.500) (1.375) (1.125) (3.125) (3.000) (2.750) (3.625) (3.500) (3.250) (1.875) (1.750) (1.500) Platinum Jumbo 5/1 LIBOR ARM Platinum Jumbo 7/1 LIBOR ARM Platinum Jumbo 10/1 LIBOR ARM (0.125) (0.250) (0.125) (0.500) (0.375) (0.125) (0.625) (0.500) (0.250) (0.250) (0.125) (0.875) (0.750) (0.500) (1.000) (0.875) (0.625) (0.500) (0.375) (0.125) (1.250) (1.125) (0.875) (1.375) (1.250) (1.000) (0.875) (0.750) (0.500) (1.625) (1.500) (1.250) (1.625) (1.500) (1.250) (1.125) (1.000) (0.750) (1.875) (1.750) (1.500) (2.000) (1.875) (1.625) Platinum Jumbo Programs Refinance Borrower Paid Platinum Jumbo 30 Year Fixed Platinum Jumbo 20 Year Fixed Platinum Jumbo 15 Year Fixed (0.500) (0.250) (0.250) (1.000) (0.750) (0.250) (0.125) (0.750) (1.500) (1.250) (0.750) (0.625) (0.375) (1.250) (2.000) (1.750) (1.125) (1.000) (0.750) (1.625) (2.375) (2.125) (0.250) (0.125) (1.500) (1.375) (1.125) (2.000) (2.750) (2.500) (0.625) (0.500) (0.250) (1.875) (1.750) (1.500) (2.375) (3.125) (2.875) (1.000) (0.875) (0.625) (2.250) (2.125) (1.875) (2.750) (3.500) (3.250) (1.375) (1.250) (1.000) Platinum Jumbo 5/1 LIBOR ARM (2/2/5) Margin: 2.25% Platinum Jumbo 7/1 LIBOR ARM (2/2/5) Margin: 2.25% Platinum Jumbo 10/1 LIBOR ARM (2/2/5) Margin: 2.25% (0.125) (0.250) (0.125) (0.500) (0.375) (0.125) (0.375) (0.250) (0.625) (0.500) (0.250) (0.750) (0.625) (0.375) (0.750) (0.625) (0.375) (0.875) (0.750) (0.500) (1.125) (1.000) (0.750) (1.125) (1.000) (0.750) (1.250) (1.125) (0.875) (1.375) (1.250) (1.000) (1.375) (1.250) (1.000) (1.500) (1.375) (1.125) PLATINUM JUMBO MISCELLANOUS ADJUSTMENTS FICO <=60% LTV >60 70% >70% 75% >75 80% NOO Property (5/1 ARM N/A) Loan Amt > $417K (0.125) (0.125) & 4 Units Property Cash out (0.125) (0.125) Second Home Impound Waiver **Max Final Price Cannot Exceed (1.00)** **Note: Price do not include a 0.25% interest rate reduction. Please conact your AE for additional information** LOCKS, EXTENSIONS AND RELOCKS ACCEPTED UNTIL 4:00 PM PT JUMBO LPAs may change without notice.

7 Gold Jumbo HLTV 30 Yr Fixed Rate 15 Day 30 Day 45 Day FICO Rate and Term Refinance (0.125) Loan Amount > $1,000,000 Loan Amt $100K $150K DTI > 40% **Max Final Price Cannot Exceed (1.00)** Escrow Waiver MacArthur Blvd., Ste 200 Date: Rate Sheet ID: GOLD JUMBO PROGRAMS BORROWER PAID Gold Jumbo 30 Year Fixed Gold Jumbo 15 Year Fixed Gold Jumbo 5/1 ARM (2/2/5) Margin: 2.25% (0.500) (0.250) (0.125) (0.375) (0.250) (0.125) (0.750) (0.500) (0.375) (0.625) (0.500) (0.250) (0.375) (0.250) (0.125) (1.000) (0.750) (0.625) (0.750) (0.625) (0.375) (0.500) (0.375) (0.250) (1.125) (0.875) (0.750) (0.875) (0.750) (0.500) (0.625) (0.500) (0.375) Gold Jumbo 7/1 ARM (5/2/5) Margin: 2.25% Gold Jumbo 10/1 ARM (5/2/5) Margin: 2.25% Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day (0.500) (0.250) (0.125) (0.250) (0.125) (1.000) (0.750) (0.625) (0.625) (0.500) (0.375) (1.500) (1.250) (1.125) (0.750) (0.625) (0.500) (1.875) (1.625) (1.500) Gold Jumbo HLTV LTV and FICO Adjustments % % Gold Jumbo Programs Borrower Paid GOLD JUMBO LOAN AMOUNT AND FICO ADJUSTMENTS <=$1.0MM <= 60% <=$2.0MM <= 60% 800+ (0.500) (0.375) (0.250) (0.500) (0.250) (0.500) (0.375) (0.500) (0.250) (0.375) (0.250) (0.375) (0.250) (0.250) (0.125) (0.250) (0.125) NA NA NA NA NA NA NA <=$1.5MM <= 60% <=$2.5MM <= 60% 800+ (0.500) (0.250) (0.125) (0.375) NA NA NA (0.500) (0.250) (0.375) NA NA NA (0.375) (0.250) NA NA NA NA NA (0.250) (0.125) NA NA NA NA NA GOLD JUMBO MISCELLANOUS ADJUSTMENTS State <= 60% Misc Adjs <= 60% FL Units NV Condo NA AZ Second Home NA CA Purchase (0.250) (0.250) (0.250) (0.250) (0.250) Non CA Cashout NA NA $100K $150K Escrow Waiver **Max Final Price Cannot Exceed Fixed: (1.00) and ARMs (100.50)** DTI <=43% LOCKS, EXTENSIONS AND RELOCKS ACCEPTED UNTIL 4:00 PM PT JUMBO LPAs may change without notice.

8 19000 MacArthur Blvd., Ste 200 Date: Rate Sheet ID: SILVER PORTFOLIO PROGRAMS REDUCED AND FULL DOC Silver Full Documentation Silver Reduced Documentation Port 5/1 LIBOR Port 7/1 LIBOR Port 5/1 LIBOR Port 7/1 LIBOR Rate 30 Day Rate 30 Day Rate 30 Day Rate 30 Day Portfolio Programs Adjustments FULL DOC AND REDUCED DOC MISCELLANOUS ADJUSTMENTS Cash out Min FICO = 700 and Max DTI = 43 Loan Amount > $1MM to $1,125, ARM Index: 1 Year LIBOR Loan Amount > $1,125,000 to $1,250, Margin: 2.5% Loan Amount > $1,25,000 to $1,375, Caps: 2/2/5 5/1 ARM Loan Amount > $1,375,000 to $2,000, Caps 5/2/5 7/1 ARM **Escrow Waiver is not allowed** Reduced DOC Min Loan amount >$417,000 **Max Final Price Cannot Exceed (1.00)** Full Doc Min Loan Amount >$249,999 CalHFA Programs CalFHA Conventional CalHFA FHA CAL EEM + Grant Rate 30 Day Rate 30 Day Rate 30 Day CalFHA Conventional CalFHA Conventional CalPlus FHA CalPlus FHA w/zip 3% Zero Interest w/zip 4% Zero Interest w/zip 3% w/zero Interest W/Zip 4% w/ Zero Interest Rate 30 Day Rate 30 Day Rate 30 Day Rate 30 Day CalHFA Subordinate CalHFA Subordinate CalHFA FHA HB CAL EEM + Grant HB ECTP MyHome Assistance Rate 30 Day Rate 30 Day Rate 30 Day Rate 30 Day LOCKS, EXTENSIONS AND RELOCKS ACCEPTED UNTIL 3:00 PM PT JUMBO LPAs may change without notice.

9 19000 MacArthur Blvd., Ste Date: OCMB AM NAN Q 5/1 LIBOR ARM BORROWER PAID Owner Occupied and Second Home 30 Day Lock Period FICO <= Foreign National RATE ADJUSTMENTS Miscellanous Adjs <= A A B B B C Mo Bank Stmt: A, A ; Min FICO Mo Bank Stmt: B+, B; Min FICO Mo Bk Stmt: A, A ; Min FICO Asset Depletion DTI> 43%; A, A DTI> 43%: B+, B, B, C &Foreign National Loan Amt 3 => $100K < $150K Loan Amt = >$1.0 $1.5MM Loan Amt > $1.5 MM Cash Out: A, A Cash Out: B+, B, B and C Second Home Unit Condo Non Warrantable Condo GA, IN, KY, UT and WA AZ, CA, CO, FL, IL, LA, MA, MI, NM, NV, OK, OR, WI & TX MD, DC and NJ Interest Only Loan Term: Margins: Caps: 7/1 ARM Grade Owner Occupied 2nd Home Investment 5/1 LIBOR 2/2/5 15 Yr A, A : 5.00% 5.00% NA 7/1 LIBOR 5/2/5 30 Yr B+, B, B & C 6.00% 6.00% NA Floor = Margin Index; 1YR LIBOR Credit A A B+ B B C Minimum FICO Mortgage History 0x30x12M & 0x60x24M 0x30x12M 1x30x12M 0x60x12M 0x90x12M 0x90x12M Chapter 13 Discharge 24 Mo 12 Mo Settled Settled Settled Settled Chapter 7, Chapter Mo 24 Mo 24 Mo 24 Mo 12 Mo Settled Foreclosure 48 Mo 24 Mo 24 Mo 24 Mo 12 Mo Settled Short Sale or Deed in Lieu 36 Mo 24 Mo 12 Mo Settled Settled Settled 1 Foreign National Pricing applies in all instances where foreign credit is utilized (Non Perm Resident Aliens) 3 Min Loan Amount $100,000 2 DC, MD and NJ restricted to 80% Max LTV and 660 Min FICO 4 Refer to Matrix for additional restriction Note : Condo Review (Established) : $135 and $500 for New Project LLPAs may change without notice. 1

10 19000 MacArthur Blvd., Ste NAN Q 5/1 LIBOR ARM BORROWER PAID Date: INVESTMENT 30 Day Lock Period 36 Mo Prepayment Penalty FICO <= Foreign National Miscellanous Adjs Rate Adjustments Grade (Does not apply to Foreign National) <= A A B NA B NA NA B NA NA 24 Mo Bank Statement: A, A Grades NA 24 Mo Bank Statement: B+, B, B Grades NA NA NA 12 Mo Bank Statement NA NA Asset Utilization NA > 43%: A, A Grades > 43%: B+, B, B Grades NA NA Loan Amt 3 >=$100K <$150K NA NA $1mm to $1.5mm NA Cash Out: A, A Grades NA Cash Out: B+, B, B Grades And Foreign Credit NA 2 4 Unit NA NA Condo NA NA Non Warrantable Condo NA NA NA GA, IN, KY, UT and WA AZ, CA, CO, FL, IL, LA, MA, MI, NM, NV, OK, OR, WI & TX MD, DC and NJ Interest Only NA 24 Months Prepayment Penalty Months Prepayment Penalty No Prepayment Penalty Loan Term: Margins: Caps: 7/1 ARM Grade Owner Occupied 2nd Home Investment 5/1 LIBOR 2/2/5 15 Yr A, A : NA 6.00% 6.00% 7/1 LIBOR 5/2/5 30 Yr B+, B, B & C NA 7.00% 7.00% Floor = Margin Index: 1YR LIBOR Credit A A B+ B B Minimum FICO & Foreign National Mortgage History 0x30x12M & 0x60x24M 0x30x12M 1x30x12M 0x60x12M 0x90x12M Chapter 13 Discharge 24 Mo 12 Mo Settled Settled Settled Chapter 7, Chapter Mo 24 Mo 24 Mo 24 Mo 12 Mo Foreclosure 48 Mo 24 Mo 24 Mo 24 Mo 12 Mo Short Sale or Deed in Lieu 36 Mo 24 Mo 12 Mo Settled Settled Foreign National Pricing applies in all instances where foreign credit is utilized (Non Perm Resident Aliens) 3 Min Loan Amount $100,000 DC, MD and NJ restricted to 80% Max LTV and 660 Min FICO Refer to Matrix for additional restriction Note : Condo Review (Established) : $135 and $500 for New Project LLPAs may change without notice. OCMB AM 2

11 19000 MacArthur Blvd., Ste Date: OCMB AM NAN Q 3/1 LIBOR ARM BORROWER PAID INVESTMENT NO RATIO NO RESERVES 4 30 Day Lock Period 36 Mo Prepayment Penalty FICO <= Foreign National Miscellanous Adjs Rate Adjustments Miscellanous Adjs <= DSCR (620 Min FICO) No Ratio (640 Min FICO) < Six Moths Reserves Loan Amt 3 >=$100K <$150K $1mm to $1.5mm >= $1.5mm Cash Out Unit Condo GA, IN, KY, UT and WA AZ, CA, CO, FL, IL, LA, MA, MI, NM, NV, OK, OR, WI & TX MD, DC and NJ Interest Only NA 24 Months Prepayment Penalty Months Prepayment Penalty No Prepayment Penalty Loan Term: Margins: Caps: 5/1 LIBOR Owner Occupied 2nd Home Investment 3/1 or 5/1 LIBOR 2/2/5 7/1 LIBOR ARM N/A NA NA 7.00% 7/1 LIBOR 5/2/5 30 Yr NA NA 7.00% Floor = Margin Index: 1YR LIBOR Credit Housing 0x30x12 Chapter 13: 12 Mos Other BK: 36 Mos F/C: 36 Mos Short Sale/DIL: 12 Mos 1 Foreign National Pricing applies in all instances where foreign credit is utilized (Non Perm Resident Aliens) 3 Min Loan Amount $100,000 2 DC, MD and NJ restricted 680 Min FICO (Does not apply to Foreign Credit) 4 Refer to Matrix for additional restriction Note : Condo Review (Established) : $135 and $500 for New Project LLPAs may change without notice. 3