Flexible Mortgage Solutions for Extraordinary People. Multi-Family. Investor 1-4. Mixed-Use. Commercial

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1 Multi-Family Investor 1-4 Mixed-Use Commercial Flexible Mortgage Solutions for Extraordinary People Velocity Mortgage Capital is a nationwide, direct portfolio lender focused exclusively on financing residential 1-4 investment, multi-family, mixed-use and small balance commercial properties. By focusing more on the property s value and revenue-generating potential than the borrower s personal income and credit, our alternative, asset based mortgage programs allow the brokers we service to meet the unique needs of real estate investors, including W-2, self-employed and small business owners, who are often tough to qualify. Because all borrowers, even the extraordinary ones, deserve an opportunity. Every Vision Needs Velocity. Effective 9/1/18 (r1)

2 Possibilities not just properties. Whether your client is a seasoned buyer seeking another investment property, an opportunist looking to flip houses or a selfemployed entrepreneur in need of their first small business real estate loan, we recognize the potential in every borrower.

3 FlexPerm Loan An uncomplicated option with flexible underwriting and longer terms. Designed for investors seeking a simple financing solution for purchase or refinance, with the flexibility to remain in the loan for up to 30 years. Key Features Great for qualifying W-2 and self-employed investors. Based on property value, not personal income. Best alternative to hard money loans. Available as a 3-year-fixed or 8-year-fixed loan, each amortized over 30 years. Property Types, Terms, and Rates Tier Investor 1-4 SFR, Condo, and 2-4 Units Multi-Family and Mixed-Use 5+ Unit Multi-Family and Mixed-Use Commercial Office, Retail, Warehouse, Self-Storage, and Automotive Fixed Term 3-Year 8-Year 3-Year 8-Year 3-Year 8-Year Loan-To-Value Max 75%* Max 75%* Max 75% Max 75% Max 70% Max 70% 1 FICO % 7.99% 7.74% 8.49% 8.24% 8.99% 2 FICO % 8.49% 8.24% 8.99% 8.74% 9.49% 3 FICO < % 8.99% 8.74% 9.49% 9.24% 9.99% General Guidelines Purpose Loan Amounts Term Amortization Credit Score Rebates Purchase, Rate-Term Refinance, Cash-Out Refinance. $75K - $5MM. Residential 1-unit maximum loan amount is $1.5MM. Residential 2-4 unit maximum loan amount is $2MM. Minimum loan amount on Multi-Family, Mixed-Use and Commercial is $100K. 30-year term, with loans fixed for first 3 years or 8 years. 30-year fully amortized loan. 650 minimum (mid FICO). Index / Margin / Caps WSJ Prime + 5%. Rate Caps = 2/1/6. 1-point rebate =.50% add-on to rate. (Max rebate 2%. > 1YSP = 5% prepay.) Prepayment Penalty Investor 1-4: 3-year fixed = 3%, 3%, 3%, or 8-year fixed = 3%, 3%, 3%, 3%, 3%. Minimum prepay on all loans = 1 year Prepayment Buydown(s) Multi-Family, Mixed-Use, and Commercial: 3-year fixed = 5%, 5%, 5%, or 8-year fixed = 5%, 5%, 5%, 5%, 5%. 1-6 residential units in NJ = no prepay, add 1% to rate. 1-4 residential units in NM = no prepay, add 1% to rate. For each year of buydown, add 1% to start rate OR 1% in fee. Rate Buydown 1-point fee =.50% rate reduction. (Maximum rate reduction is 1%.) Minimum Rate 5.24%. Prepayment Buy Up Broker Compensation Reduce rate by.25% for each year added. Penalty increases to 5% for all years of prepayment term. Maximum is 5% of the loan amount, including all broker fees. Add 25 bps to the rates shown above for all refinance transactions. Underwriting Guidelines Lending Experience Income Verification Asset Verification Appraisal Process and Fee Impounds Foreign Investors Loans < $250k Rate Add-Ons Investor 1-4 CLTV Locations nationwide. (For ineligible locations, contact your Account Executive for details.) First time investor = 5% LTV reduction for all property types. First time buyers are ineligible for investment 1-unit properties. Simple documentation. Source of funds required for all money brought into any transaction. Contact your account executive to learn about our streamlined process and cost. Required for property taxes and insurance. 65% maximum LTV. Add 50 bps to the matrix rate for multi-family, mixed-use and commercial properties. Add 25 bps to residential 1-4 rates for the following states: NY, PA, CT, NJ, FL. Add 25 bps for all refinance transactions. *75% LTV on purchases only with 650+ mid FICO. Investor 1-4 loans > $1mm = 70% max LTV. 80% maximum CLTV. *See licensing matrix for broker requirements. This marketing is not intended for consumer use. Effective 9/1/18

4 Fix-and-flip loans are on the rise. House flipping in the U.S. increased to an 11-year high in 2017, creating an excellent opportunity for brokers who offer fix-and-flip mortgages. Velocity s new ARV Pro Loan is the perfect program for house flippers who need a short-term solution but want to avoid the hassle and delays of qualifying for a traditional bank loan. Source: ATTOM Data Solutions 2017 Home Flipping Report

5 ARV Pro Loan The best short-term solution for acquiring and improving property value. Designed for fix-and-flip investors who are seeking a short-term, interest-only loan to acquire and improve a property based on its as repaired value (ARV). Key Features Allows borrowers to finance improvements. Great for borrowers who need a quick close. An interest-only 1-year term provides lower monthly payments. A higher LTV than hard money lenders. Property Types, Terms, and Rates Investor 1-4 (SFR, Condo, and 2-4 Units) Tier Credit Score Rate Interest Only LTARV 1 FICO % 75% 2 FICO % 75% General Guidelines Purpose Loan Amounts Initial Draw Improvements Term Credit Score Prepayment Premium Rate Buydown Broker Fees Provide funds to improve or rehab properties. (Purchase and refinance OK.) $75K $1MM up to 75% of the ARV. 75% (Lower of purchase price or current value.) Schedule of improvements required. (Inspection fees per draw apply.) 1-year, interest only. 650 minimum (mid FICO). None. 1-point fee =.50% rate reduction. (Maximum 1% rate reduction.) Maximum is 5% of the loan amount, including broker fees. Lender Fees 2% + underwriting fee of $999. Location Add-On Add 1.50% to the start rate for properties located in: CT, DE, FL, HI, IA, ID, IL, IN, LA, ME, NJ, NM, NY, OH, OK, PA, SC, or WI. Underwriting Guidelines Lending Experience Income Verification Down Payment Improvement Funds Appraisal Process Impounds Foreign Investors Nationwide, except for rural properties. Contact your loan officer for details. Proof of prior real estate investment or ownership. 70% maximum LTV for first-time investors. Simple documentation. Must be sourced. Limited to 40% of the loan amount. Schedule of improvements is required. Contact your account executive to learn about our streamlined process and cost. None. 65% maximum LTV. *See licensing matrix for broker requirements. This marketing is not intended for consumer use. Effective 9/1/18

6 Credit QuickFix Loan A higher LTV alternative to hard money. Designed for investors with credit issues seeking an interest-only, short-term loan as an alternative to hard money financing. Key Features A higher LTV than hard money options. Great for borrowers who need a quick close. An interest-only 1-year term provides lower monthly payments. Perfect for acquiring or leveraging real estate with deferred maintenance. Property Types, Terms, and Rates Investor 1-4 ( SFR, Condo, and 2-4 Units) Tier Loan-To-Value Interest Rate Only LTV 1 FICO % 75% 2 FICO % 75% 3 FICO < % 75%* General Guideliness Purpose Loan Amounts Term Credit Score Prepayment Premium Rate Buydown Broker Fees Purchase and refinance transactions. *Tier 3 Refi is70% maximum. $75K $2MM. 1-year interest only. No minimum. Minimum 4 months interest. 1-point fee =.50% rate reduction. (Maximum 1% rate reduction.) Maximum is 5% of the loan amount, including all broker fees. Lender Fees 2% + underwriting fee of $999. Lender Fee Reduction Add 1% in rate for each.50% reduction in fee. Maximum fee buydown is 1%. Location Add-On Add 1.50% to the start rate for properties located in: CT, DE, FL, HI, IA, ID, IL, IN, LA, ME, NJ, NM, NY, OH, OK, PA, SC, or WI. Underwriting Guidelines Lending Experience Income Verification Down Payment Appraisal Process Impounds Foreign Investors Locations nationwide. (For ineligible locations, contact your Account Executive for details.) *First Time Investor = Tier 3. MAX 70% LTV. Simple documentation. Must be sourced. Contact your Account Executive to learn about our streamlined process and cost. None. 65% maximum LTV. *See licensing matrix for broker requirements. This marketing is not intended for consumer use. Effective 9/1/18

7 Fast50 Loan A low LTV loan with easy credit requirements. Designed for investors with derogatory credit issues and high equity seeking quick and easy credit qualification. Key Features Great for borrowers with a recent bankruptcy or notice of default. No seasoning of ownership required. Improved pricing compared to our FlexPerm program. Derogatory mortgage history is OK. Property Types, Terms, and Rates Tier Investor 1-4 SFR, Condo, and 2-4 Units Multi-Family and Mixed-Use 5+ Unit Multi-Family and Mixed-Use Commercial Office, Retail, Warehouse, Self-Storage, and Automotive Fixed Term 3-Year 8-Year 3-Year 8-Year 3-Year 8-Year Loan-To-Value Max 50% Max 50% Max 50% Max 50% Max 50% Max 50% 1 FICO % 7.49% 6.99% 7.74% 7.49% 8.24% 2 FICO % 7.99% 7.49% 8.24% 7.99% 8.74% 3 FICO % 8.49% 7.99% 8.74% 8.49% 9.24% 4 FICO % 8.99% 8.49% 9.24% 8.99% 9.74% General Guidelines Purpose Loan Amounts Term Amortization Credit Score Rebates Purchase, Rate-Term Refinance, Cash-Out Refinance. $75K - $5MM. Investor 1-unit max loan amount is $1.5MM. Investor 2-4 max loan amount is $2MM. Minimum loan amount on Multi-Family, Mixed-Use, and Commercial is $100K. 30-year term, with loans fixed for first 3 years or 8 years. 30-year fully amortized loan. 620 minimum (mid FICO). Index / Margin / Caps WSJ Prime + 5%. Rate Caps = 2/1/6. 1-point rebate =.50% add-on to rate. (Max rebate 2%. > 1YSP = 5% prepay.) Prepayment Penalty Residential 1-4: 3-year fixed = 3%, 3%, 3%, or 8-year fixed = 3%, 3%, 3%, 3%, 3%. Minimum prepay on all loans = 1 year Prepayment Buydown(s) Multi-Family, Mixed-Use, and Commercial: 3-year fixed = 5%, 5%, 5%, or 8-year fixed = 5%, 5%, 5%, 5%, 5%. 1-6 residential units in NJ = no prepay, add 1% to rate. 1-4 residential units in NM = no prepay, add 1% to rate. For each year of buydown, add 1% to start rate OR 1% in fee. Rate Buydown 1-point fee =.50% rate reduction. (Maximum rate reduction is 1%.) Minimum Rate 5.24%. Prepayment Buy Up Broker Compensation Underwriting Guidelines Reduce rate by.25% for each year added. Maximum is 5% of the loan amount, including broker fees. Add 25 bps to the rates shown above for all refinance transactions. Lending Experience Bankruptcy/NOD Mortgage Lates Title Seasoning Income Verification Appraisal Process and Fee Impounds Foreign Investors Rate Add-Ons Locations nationwide. (For ineligible locations, contact your Account Executive for details.) First time buyers are ineligible for investment 1-unit properties. Discharge 1 day. OK. 1 day. Simple documentation. Contact your account executive to learn about our streamlined process and cost. Required for property taxes and insurance. OK. Add 25 bps to the residential 1-4 rates for the following states: NY, PA, CT, NJ, FL. *See licensing matrix for broker requirements. This marketing is not intended for consumer use. Effective 9/1/18

8 (866) 505-FUND For 24/7 service, enter your loan scenarios through our online broker portal at Los Angeles Russell Ranch Rd. Suite 295 Westlake Village, CA Boston 2 Hampshire St. Suite 102 Foxborough, MA Irvine 250 Commerce Suite 210 Irvine, CA Washington, D.C Balls Ford Rd. Suite 180 Manassas, VA Miami 9155 South Dadeland Blvd. Suite 1412 Miami, FL Philadelphia 550 Pinetown Rd. Suite 170 Fort Washington, PA Seattle Willows Rd., NE Suite 120, Bldg. C Redmond, WA Austin 7000 N. Mopac Expressway 2nd Floor Austin TX, For more details on our loan programs or to submit a loan request by telephone, please contact your account executive. All rates, programs, and pricing subject to change at any time. This rate sheet is intended for use by mortgage professionals only and is not an advertisement under section of Regulation Z. It is not intended for use by the general public. Loans (in CA) will be made pursuant to California Finance Lenders License #603A Velocity Commercial Capital, LLC. DBA Velocity Mortgage Capital. All rights reserved.