1 April 3, 2018 8:17 AM Turn Times Appraisal Turn Times Fees Index Values Expiration Dates New Submissions 1 day Portland Metro 1.5-2 Weeks UW Fee $995 PRIME 4.750% 15 Day 04/17/18 Re-Submissions 1 day Vancouver 1.5-2 Weeks Flood $16 1 YR. Tbill 2.000% 30 Day 05/02/18 Docs 24 hours Central OR 2-3 Weeks Tax Service $78 1 YR. LIBOR 2.390% 45 Day 05/17/18 Funding 24 hours Coast 3-4 Weeks 60 Day 06/01/18 Files received after 3 PM are Gorge (OR/WA) 2.5-3 Weeks Management counted the next business day Bellevue/Tacoma 1.5 Weeks Lock Desk Info Dan Williams Sarah Morrow Leslie Nichols Christian Willford Wendi Klein Vice President Regional Sales Manager Sr. Account Executive Sr. Account Executive Sr. Account Executive Hrs: 8:30 am -4:30 pm OR/WA/ID/CA OR/WA/ID/CA OR/WA/ID/CA OR/WA/ID/CA OR/WA/ID/CA Direct: 503.209.2541 Direct: 503.341.4957 Direct: 503.504.7950 Direct: 503.481.8082 Direct: 425.429.0607 Phone: 888.697.3860 efax: 503.210.6412 efax: 503.210.6412 efax: 503.210.6412 efax: 503.210.6412 efax: 425.968.9580 E-Mail Dan E-Mail Sarah E-Mail Leslie E-Mail Christian E-Mail Wendi E-Mail Lock Desk For ALL LENDER PAID COMPENSATION transactions, ADJUST for your APPROVED USA COMPENSATION % (1.00% - 2.50%) 30yr Fixed (30F) Max Price Cap For All Products is (5.00) Conventional Fixed Rate Products 30yr Fixed HomeReady (30F-HR) 5.000 (4.750) (4.625) (4.500) 5.875 (7.750) (7.625) (7.500) 4.875 (4.250) (4.125) (4.125) 5.750 (7.250) (7.125) (7.000) 5.625 (6.750) (6.625) (6.500) 4.750 (3.750) (3.625) (3.625) 5.625 (6.750) (6.625) (6.500) 5.500 (6.250) (6.125) (6.000) 4.625 (3.375) (3.250) (3.125) 5.500 (6.250) (6.125) (6.000) 5.375 (5.750) (5.625) (5.500) 4.500 (2.875) (2.875) (2.750) 5.375 (5.750) (5.625) (5.500) 5.250 (5.250) (5.125) (5.000) 4.375 (2.375) (2.375) (2.250) 5.250 (5.250) (5.125) (5.000) 5.125 (5.000) (4.875) (4.750) 4.250 (2.000) (2.000) (1.875) 5.125 (5.000) (4.875) (4.750) 5.000 (4.375) (4.250) (4.250) 4.125 (1.250) (1.125) (1.000) 5.000 (4.375) (4.250) (4.250) 4.875 (3.875) (3.750) (3.625) 4.000 (0.750) (0.625) (0.500) 4.875 (3.875) (3.750) (3.625) 4.750 (3.250) (3.250) (3.125) 3.875 (0.250) (0.125) 0.000 4.750 (3.250) (3.250) (3.125) 4.625 (2.750) (2.625) (2.500) 3.750 0.375 0.500 0.500 4.625 (2.750) (2.625) (2.500) 4.500 (2.375) (2.250) (2.125) 3.625 1.125 1.250 1.250 4.500 (2.375) (2.250) (2.125) 4.375 (1.750) (1.625) (1.500) 3.500 1.750 1.875 1.875 4.375 (1.750) (1.625) (1.500) 4.250 (1.125) (1.000) (0.875) 4.250 (1.125) (1.000) (0.875) 4.125 (0.500) (0.375) (0.250) 4.125 (0.500) (0.375) (0.250) 4.000 0.250 0.250 0.375 4.000 0.250 0.250 0.375 3.875 0.875 0.875 1.000 3.875 0.875 0.875 1.000 3.750 1.375 1.375 1.500 15yr Fixed (15F) 10yr Fixed (10F) 20yr Fixed (20F) 30yr Professional Loan (30F-Pro) 15 Day 30 Day 45 Day 60 Day Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day 4.500 (3.750) (3.625) (3.500) 4.750 (2.375) (2.250) (2.125) 5.750 (7.375) (7.250) (7.125) 4.375 (3.375) (3.375) (3.250) 4.625 (2.125) (2.125) (2.000) 5.625 (6.875) (6.750) (6.625) 4.250 (3.125) (3.000) (2.875) 4.500 (2.375) (2.250) (2.125) 5.500 (6.375) (6.250) (6.125) 4.125 (2.750) (2.625) (2.500) 4.375 (2.000) (1.875) (1.875) 5.375 (5.875) (5.750) (5.625) 4.000 (2.375) (2.250) (2.125) 4.250 (1.750) (1.625) (1.500) 5.250 (5.375) (5.250) (5.125) 3.875 (1.875) (1.750) (1.625) 4.125 (1.500) (1.375) (1.250) 5.125 (5.125) (5.000) (4.875) 3.750 (1.375) (1.250) (1.125) 4.000 (1.125) (1.000) (1.000) 5.000 (4.500) (4.375) (4.375) 3.625 (0.875) (0.750) (0.625) 3.875 (0.875) (0.750) (0.625) 4.875 (4.000) (3.875) (3.750) 3.500 (0.375) (0.250) (0.125) 3.750 (0.625) (0.500) (0.375) 4.750 (3.375) (3.375) (3.250) 3.375 0.125 0.250 0.375 3.625 0.000 0.000 0.125 4.625 (2.875) (2.750) (2.625) 3.250 0.625 0.750 0.875 3.500 0.375 0.375 0.500 4.500 (2.500) (2.375) (2.250) 3.125 1.000 1.125 1.250 3.375 0.750 0.875 0.875 4.375 (1.875) (1.750) (1.625) 3.000 1.625 1.625 1.750 3.250 1.125 1.250 1.375 4.250 (1.250) (1.125) (1.000) 2.875 2.125 2.250 2.250 3.125 1.500 1.625 1.625 4.125 (0.625) (0.500) (0.375) 3.000 2.000 2.125 2.250 4.000 0.125 0.125 0.250 2.875 2.500 2.625 2.750 3.875 0.750 0.750 0.875 3.750 1.250 1.250 1.375 3.625 2.000 2.125 2.250 1
2 3/1 LIBOR (3/1-CL) Margin 2.250% Caps 2/2/6 4.500 2.375 2.375 2.500 4.625 (3.250) (3.250) (3.125) 4.750 (2.375) (2.250) (2.125) 4.375 2.375 2.500 2.500 4.500 (3.000) (2.875) (2.750) 4.625 (3.625) (3.500) (3.500) 4.250 2.500 2.625 2.625 4.375 (2.625) (2.500) (2.375) 4.500 (3.250) (3.125) (3.125) 4.125 2.625 2.625 2.750 4.250 (2.250) (2.125) (2.000) 4.375 (2.875) (2.750) (2.625) 4.000 2.500 2.500 2.625 4.125 (1.750) (1.750) (1.625) 4.250 (2.375) (2.375) (2.250) 3.875 2.375 2.500 2.500 4.000 (1.375) (1.375) (1.250) 4.125 (2.000) (1.875) (1.750) 3.750 2.375 2.500 2.500 3.875 (1.000) (0.875) (0.875) 4.000 (1.500) (1.375) (1.375) 3.625 2.500 2.500 2.625 3.750 (0.625) (0.500) (0.500) 3.875 (1.000) (1.000) (0.875) 3.500 2.625 2.625 2.750 3.625 (0.250) (0.125) 0.000 3.750 (0.625) (0.500) (0.375) 3.375 2.750 2.750 2.875 3.500 0.250 0.250 0.375 3.625 (0.125) (0.125) 0.000 3.250 2.875 2.875 3.000 3.375 0.625 0.625 0.750 3.500 0.250 0.375 0.375 3.125 3.000 3.125 3.125 3.250 1.000 1.125 1.125 3.375 0.625 0.750 0.750 3.000 3.125 3.250 3.250 3.125 1.375 1.500 1.500 3.250 1.125 1.125 1.125 10/1 LIBOR (10/1-CL) Margin 2.250% Caps 5/2/5 Rate 15 Day 30 Day 45 Day 4.750 (2.500) (2.375) (2.250) 4.625 (3.375) (3.250) (3.125) 4.500 (2.875) (2.875) (2.750) 4.375 (2.500) (2.375) (2.250) 4.250 (2.000) (1.875) (1.875) 4.125 (1.500) (1.375) (1.250) 4.000 (1.000) (0.875) (0.750) 3.875 (0.375) (0.375) (0.250) 3.750 0.125 0.125 0.250 3.625 0.500 0.625 0.625 3.500 1.000 1.125 1.125 3.375 1.500 1.625 1.625 3.250 2.125 2.125 2.250 3.125 2.500 2.625 2.750 3.000 3.000 3.125 3.250 Conventional Libor Arm Products 5/1 LIBOR (5/1-CL) Margin 2.250% Caps 2/2/5 3.000 1.750 1.875 2.000 3.125 1.750 1.875 1.875 2.875 2.250 2.250 2.375 3.000 2.250 2.250 2.375 2.750 2.625 2.625 2.750 2.875 2.625 2.750 2.875 2.625 3.000 3.125 3.125 2.500 3.375 3.500 3.500 7/1 LIBOR (7/1-CL) Margin 2.250% Caps 5/2/5 2
3 Conventional High Balance Fixed & Arm Products 30yr Fixed (30F-HB) 25yr Fixed (25F-HB) 20yr Fixed (20F-HB) 5.500 (5.375) (5.250) (5.125) 4.625 (0.500) (0.375) (0.250) 5.375 (4.875) (4.750) (4.625) 4.500 0.125 0.125 0.250 4.750 (2.625) (2.500) (2.375) 5.250 (4.375) (4.250) (4.125) 4.375 0.500 0.625 0.750 4.625 (2.250) (2.125) (2.000) 5.125 (4.125) (4.000) (3.875) 4.250 1.000 1.125 1.250 4.500 (1.750) (1.625) (1.500) 5.000 (3.500) (3.375) (3.375) 4.125 1.750 1.750 1.875 4.375 (1.375) (1.250) (1.125) 4.875 (3.000) (2.875) (2.750) 4.000 2.500 2.500 2.625 4.250 (0.750) (0.625) (0.500) 4.750 (2.375) (2.375) (2.250) 3.875 3.000 3.000 3.250 4.125 (0.125) 0.000 0.125 4.625 (1.875) (1.750) (1.625) 3.750 3.625 3.625 3.875 4.000 0.500 0.625 0.625 4.500 (1.500) (1.375) (1.250) 3.625 4.375 4.375 4.625 3.875 1.125 1.125 1.250 4.375 (0.875) (0.750) (0.625) 3.750 1.625 1.750 1.750 4.250 (0.250) (0.125) 0.000 3.625 2.375 2.500 2.500 4.125 0.375 0.500 0.625 4.000 1.125 1.125 1.250 3.875 1.750 1.750 1.875 15yr Fixed (15F-HB) 3/1 LIBOR (3/1-CL-HB) 5/1 LIBOR (5/1-CL-HB) Rate 15 Day 30 Day 45 Day Margin 2.250% Caps 2/2/6 Margin 2.250% Caps 2/2/5 4.375 (2.250) (2.125) (2.000) Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day 4.250 (1.875) (1.750) (1.625) 4.500 3.000 3.000 3.125 4.750 (2.375) (2.375) (2.250) 4.125 (1.500) (1.500) (1.375) 4.375 2.875 3.000 3.125 4.625 (2.000) (2.000) (1.875) 4.000 (1.250) (1.125) (1.000) 4.250 3.125 3.125 3.250 4.500 (1.625) (1.625) (1.500) 3.875 (0.625) (0.625) (0.500) 4.125 3.250 3.375 3.375 4.375 (1.250) (1.125) (1.125) 3.750 (0.125) (0.125) 0.000 4.000 3.250 3.250 3.375 4.250 (0.875) (0.750) (0.750) 3.625 0.375 0.375 0.500 3.875 3.125 3.250 3.375 4.125 (0.625) (0.500) (0.500) 3.500 0.875 0.875 1.000 3.750 3.250 3.375 3.375 4.000 (0.375) (0.250) (0.250) 3.375 1.375 1.375 1.500 3.625 3.375 3.375 3.500 3.875 (0.125) 0.000 0.125 3.250 1.875 1.875 2.000 3.500 3.500 3.500 3.625 3.750 0.250 0.250 0.375 3.125 2.250 2.250 2.375 3.375 3.625 3.750 3.750 3.625 0.500 0.625 0.625 3.000 2.750 2.875 2.875 3.250 3.750 3.875 3.875 3.500 0.875 0.875 1.000 2.875 3.375 3.375 3.500 3.125 3.875 4.000 4.000 3.375 1.250 1.250 1.375 3.000 4.125 4.125 4.125 3.250 1.625 1.625 1.625 3.125 1.875 2.000 2.000 7/1 LIBOR (7/1-CL-HB) 10/1 LIBOR (10/1-CL-HB) 3.000 2.250 2.375 2.375 Margin 2.250% Caps 5/2/5 Margin 2.250% Caps 5/2/5 2.875 3.500 3.500 3.625 Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day 2.750 3.875 4.000 4.000 4.750 (2.750) (2.625) (2.500) 4.750 (3.000) (2.875) (2.750) 2.625 4.375 4.375 4.500 4.625 (2.250) (2.250) (2.125) 4.625 (2.500) (2.375) (2.375) 2.500 4.750 4.875 4.875 4.500 (1.875) (1.750) (1.750) 4.500 (2.000) (2.000) (1.875) 4.375 (1.375) (1.250) (1.250) 4.375 (1.500) (1.375) (1.375) 4.250 (0.875) (0.875) (0.750) 4.250 (1.000) (0.875) (0.875) 4.125 (0.625) (0.500) (0.375) 4.125 (0.500) (0.375) (0.375) 4.000 (0.250) (0.125) (0.125) 4.000 0.000 0.125 0.250 3.875 0.125 0.125 0.250 3.875 0.500 0.500 0.625 3.750 0.375 0.500 0.500 3.750 0.875 1.000 1.000 3.625 0.750 0.875 0.875 3.625 1.375 1.375 1.500 3.500 1.125 1.250 1.250 3.500 1.875 1.875 2.000 3.375 1.500 1.625 1.625 3.375 2.375 2.375 2.500 3.250 2.000 2.000 2.125 3.250 2.875 3.000 3.000 3.125 3.250 3.250 3.375 3.125 3.500 3.625 3.625 3.000 3.625 3.750 3.875 3.000 4.000 4.125 4.125 2.875 4.125 4.250 4.375 3
4 Lender Paid Mortgage Insurance Fixed Rate Product 30yr LPMI (30F LPMI) 20yr LPMI (20F LPMI) 15yr LPMI (15F LPMI) 4.375 (3.125) (3.000) (2.875) 5.750 (7.125) (7.000) 4.750 (3.500) (3.375) (3.250) 4.250 (2.750) (2.625) (2.500) 5.625 (6.750) (6.625) (6.500) 4.625 (3.125) (3.000) (2.875) 4.125 (2.375) (2.375) (2.250) 5.500 (6.250) (6.125) (6.000) 4.500 (2.625) (2.500) (2.375) 4.000 (2.125) (2.000) (1.875) 5.375 (5.750) (5.625) (5.500) 4.375 (2.250) (2.125) (2.000) 3.875 (1.500) (1.500) (1.375) 5.250 (5.250) (5.125) (5.000) 4.250 (1.625) (1.500) (1.375) 3.750 (1.000) (1.000) (0.875) 5.125 (5.000) (4.875) (4.750) 4.125 (1.000) (0.875) (0.750) 3.625 (0.500) (0.500) (0.375) 5.000 (4.375) (4.250) (4.250) 4.000 (0.375) (0.250) (0.250) 3.500 0.000 0.000 0.125 4.875 (3.875) (3.750) (3.625) 3.875 0.250 0.250 0.375 3.375 0.500 0.500 0.625 4.750 (3.250) (3.250) (3.125) 3.750 0.750 0.875 0.875 3.250 1.000 1.000 1.125 4.625 (2.750) (2.625) (2.500) 3.625 1.500 1.625 1.625 3.125 1.375 1.375 1.500 4.500 (2.375) (2.250) (2.125) 3.000 1.875 2.000 2.000 4.375 (1.750) (1.625) (1.500) 2.875 2.500 2.500 2.625 4.250 (1.125) (1.000) (0.875) 4.125 (0.500) (0.375) (0.250) 4.000 0.250 0.250 0.375 3.875 0.875 0.875 1.000 **All Other Conventional LLPA's may apply, see Conventional Fixed and Arm Price Adjuster Page** LPMI Adjustments - Adjustments to Base Price (Must Be Applied to LPMI Product) Base LTV 760 + 740-759 720-739 700-719 680-699 660-679 640-659 620-639 97-95.01% 2.500 3.500 4.375 5.250 6.375 8.500 9.125 9.750 95-90.01% 1.875 2.625 3.250 3.875 4.750 6.125 6.500 6.875 90-85.01% 1.375 2.000 2.500 3.000 3.625 4.875 5.000 5.250 85% & Below 0.750 0.875 1.000 1.125 1.375 1.875 1.875 1.875 All Terms Second Home Loan Amt > $650K Rate & Term Cash Out Investment Property Manufactured Home 760 + 740-759 720-739 700-719 680-699 660-679 640-659 620-639 0.375 0.500 0.500 0.625 0.750 1.250 1.375 1.375 0.625 0.750 0.750 1.000 1.250 1.500 1.875 2.125 0.250 0.250 0.375 0.500 0.625 0.750 0.875 1.125 0.625 0.625 0.750 * * * * * 1.125 1.250 1.375 1.500 1.750 2.000 2.000 2.750 0.625 0.625 0.750 0.875 1.125 1.500 1.750 1.875 4
5 FICO / LTV - Applicable for all loans with > 15 Year Term Fico 60% 60.01-70.01-75.01-80.01-85.01-90.01-95.01-70% 75% 80% 85% 90% 95% 97% >=740 0.000 0.250 0.250 0.500 0.250 0.250 0.250 0.750 720-739 0.000 0.250 0.500 0.750 0.500 0.500 0.500 1.000 700-719 0.000 0.500 1.000 1.250 1.000 1.000 1.000 1.500 680-699 0.000 0.500 1.250 1.750 1.500 1.250 1.250 1.500 660-679 0.000 1.000 2.250 2.750 2.750 2.250 2.250 2.250 640-659 0.500 1.250 2.750 3.000 3.250 2.750 2.750 2.750 620-639 0.500 1.500 3.000 3.000 3.250 3.250 3.250 3.500 Conventional Price Adjustments 60% 60.01-70.01-75.01-80.01-85.01-90.01-95.01-70% 75% 80% 85% 90% 95% 97% > 1 Unit 1.000 1.000 1.000 1.000 1.000 1.000 1.000 N/A >15 Year, Condo 0.000 0.000 0.000 0.750 0.750 0.750 0.750 N/A Investment Property 2.375 2.375 2.375 3.625 4.125 N/A N/A N/A Escrow Waiver 0.250 0.250 0.250 0.250 N/A N/A N/A N/A Cashout Refinance Price Adjustments Fico 60% 60.01-70.01-75.01-80.01-85.01-90.01-95.01-70% 75% 80% 85% 90% 95% 97% >=740 0.500 0.750 0.750 1.000 N/A N/A N/A N/A 720-739 0.500 1.125 1.125 1.250 N/A N/A N/A N/A 700-719 0.500 1.125 1.125 1.250 N/A N/A N/A N/A 680-699 0.500 1.250 1.250 1.875 N/A N/A N/A N/A 660-679 0.750 1.250 1.250 2.000 N/A N/A N/A N/A 640-659 0.750 1.750 1.750 2.750 N/A N/A N/A N/A 620-639 0.750 1.750 1.750 3.250 N/A N/A N/A N/A Subordinate Financing LTV Ratios CLTV Ratios FICO <720 FICO >=720 No Fee Option 0.500 <= 75% <=80% 0.375 0.375 California Property 0.250 <= 65% > 80% <= 95% 0.875 0.625 Manufactured Homes 1.500 > 65% <= 75% > 80% <= 95% 1.125 0.875 > 75% <= 90% > 76% <= 90% 1.375 1.125 > 75% <= 95% > 90% <= 95% 1.375 1.125 <= 95% > 95% <= 97% 1.875 1.875 HomeReady FICO / LTV Adjustments Fico 60.01-70.01-75.01-80.01-85.01-90.01-95.01-60% 70% 75% 80% 85% 90% 95% 97% >=740 0.000 0.250 0.250 0.500 0.000 0.000 0.000 0.000 720-739 0.000 0.250 0.500 0.750 0.000 0.000 0.000 0.000 700-719 0.000 0.500 1.000 1.250 0.000 0.000 0.000 0.000 680-699 0.000 0.500 1.250 1.500 0.000 0.000 0.000 0.000 660-679 0.000 1.000 1.500 1.500 1.500 1.500 1.500 1.500 640-659 0.500 1.250 1.500 1.500 1.500 1.500 1.500 1.500 620-639 0.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 High Balance Conforming Price Adjusters <= 60.00% 60.01-70.00% 70.01-75.00% 75.01-80.00% Adjustments for All Programs 80.01-85.00% 85.01-90.00% 90.01-95.00% 95.01-97.00% High Balance Cash Out 1.000 1.000 1.000 1.000 N/A N/A N/A N/A High Balance Arm 0.750 0.750 0.750 1.500 1.500 1.500 N/A N/A Purchase, R/T Refi (All Ltv's) 0.250 0.250 0.250 0.250 0.250 0.250 0.250 N/A 5
6 FHA Products 30yr FHA (30FHA) 25yr FHA (25FHA) 15yr FHA (15FHA) Rate 15 Day 30 Day 45 Day 60 Day Rate 15 Day 30 Day Rate 15 Day 30 Day 45 Day 6.125 (6.625) (6.625) (6.500) 5.500 (4.875) 4.500 (3.250) (3.125) (3.000) 6.000 (8.875) (8.875) (8.750) 5.375 (4.750) (4.625) (4.500) 4.000 (1.875) (1.750) (1.625) 5.875 (6.000) (6.000) (5.875) 5.250 (4.500) (4.375) (4.250) 3.500 (0.125) (0.125) 0.000 5.750 (5.750) (5.750) (5.625) 5.125 (4.375) (4.250) (4.125) 3.000 2.000 2.000 2.125 5.625 (5.375) (5.250) (5.125) 5.000 (4.125) (4.000) (4.000) 5.500 (5.500) (5.500) (5.375) 4.875 (3.875) (3.750) (3.625) 5.375 (4.750) (4.625) (4.500) 4.750 (3.625) (3.500) (3.375) 5.250 (4.500) (4.375) (4.250) 4.625 (3.625) (3.500) (3.500) 5.125 (4.375) (4.250) (4.125) 4.500 (3.375) (3.375) (3.250) 5.000 (4.125) (4.000) (4.000) 4.375 (2.875) (2.750) (2.750) 4.875 (3.875) (3.750) (3.625) 4.750 (3.625) (3.500) (3.375) 4.625 (3.625) (3.500) (3.500) 4.500 (3.375) (3.375) (3.250) 4.375 (2.875) (2.750) (2.750) 3.875 (1.000) (1.000) (0.875) 4.250 (2.500) (2.375) (2.375) 3.750 (0.500) (0.375) (0.250) 4.125 (2.125) (2.000) (2.000) 3.625 0.250 0.250 0.375 4.000 (1.625) (1.500) (1.375) 3.500 0.875 0.875 1.000 3.875 (1.000) (1.000) (0.875) 3.375 1.500 1.625 1.750 3.750 (0.500) (0.375) (0.250) 3.250 2.250 2.250 2.375 3.625 0.250 0.250 0.375 30yr FHA Streamline (30FHA-ST) 25yr FHA Streamline (25FHA-ST) 15yr FHA Streamline (15FHA-ST) 4.750 (3.625) (3.500) (3.500) 4.750 (3.625) (3.500) (3.500) 3.875 (2.375) (2.250) (2.125) 4.625 (3.750) (3.625) (3.625) 4.625 (3.750) (3.625) (3.625) 3.750 (2.000) (1.875) (1.750) 4.500 (3.375) (3.250) (3.250) 4.500 (3.375) (3.250) (3.250) 3.625 (1.000) (1.000) (0.875) 4.375 (3.000) (2.875) (2.750) 4.375 (3.000) (2.875) (2.750) 3.500 (0.625) (0.500) (0.500) 4.250 (2.500) (2.375) (2.250) 4.250 (2.500) (2.375) (2.250) 3.375 (0.125) (0.125) 0.000 4.125 (2.125) (2.000) (2.000) 4.125 (2.125) (2.000) (2.000) 3.250 0.250 0.375 0.375 4.000 (1.625) (1.500) (1.500) 4.000 (1.625) (1.500) (1.500) 3.125 1.000 1.000 1.125 3.875 (1.125) (1.000) (0.875) 3.875 (1.125) (1.000) (0.875) 3.000 1.750 1.750 1.875 3.750 (0.500) (0.500) (0.375) 3.750 (0.500) (0.500) (0.375) 2.875 2.250 2.250 2.375 3.625 0.250 0.250 0.375 3.625 0.250 0.250 0.375 2.750 2.750 2.750 2.875 3.500 1.500 1.500 1.625 3.500 1.500 1.500 1.625 3.375 2.000 2.125 2.250 3.375 2.000 2.125 2.250 3.250 2.750 2.750 2.875 3.250 2.750 2.750 2.875 Non-Streamline FHA products require a 600mid score for all borrowers FHA Streamline Requires a 600mid Score for all borrowers Fico Adjustments Other Adjustments 720+ (0.250) 660-679 0.500 620-639 1.500 California 0.250 680-719 0.000 640-659 1.000 600-619 2.500 Manufactured Homes 1.500 6
7 FHA Products 5yr FHA Arm (5/1 FHA) 5yr FHA Arm High Balance (5/1 FHA-HB) 7yr FHA Arm (7/1 FHA) 4.500 (2.125) (2.000) (1.875) 4.500 (2.125) (2.000) (1.875) 4.500 0.250 0.375 0.500 4.375 (2.125) (2.000) (1.875) 4.375 (2.125) (2.000) (1.875) 4.375 0.250 0.375 0.500 4.250 (2.000) (1.875) (1.750) 4.250 (2.000) (1.875) (1.750) 4.250 0.500 0.625 0.750 4.125 (1.750) (1.625) (1.625) 4.125 (1.375) (1.375) (1.250) 4.125 0.625 0.625 0.750 4.000 (1.625) (1.500) (1.375) 4.000 (1.250) (1.125) (1.125) 4.000 0.875 0.875 1.000 3.875 (1.250) (1.250) (1.125) 3.875 (1.125) (1.000) (1.000) 3.875 1.125 1.250 1.250 3.750 (1.000) (0.875) (0.750) 3.750 (1.000) (0.875) (0.750) 3.750 1.500 1.500 1.625 3.625 (0.875) (0.750) (0.750) 3.625 (0.375) (0.375) (0.250) 3.625 1.500 1.500 1.625 3.500 (0.500) (0.500) (0.375) 3.500 (0.250) (0.250) (0.125) 3.500 1.750 1.875 2.000 3.375 (0.250) (0.125) 0.000 3.375 (0.125) 0.000 0.125 3.375 2.250 2.250 2.375 3.250 0.250 0.250 0.375 3.250 0.250 0.250 0.375 3.250 2.625 2.750 2.750 3.125 0.375 0.500 0.500 3.125 0.750 0.750 0.875 3.125 2.750 2.750 2.875 3.000 0.875 0.875 0.875 3.000 1.000 1.000 1.125 3.000 3.125 3.250 3.250 7yr FHA Arm High Balance (7/1 FHA-HB) 30yr FHA High Balance (30FHA-HB) 25yr FHA High Balance (25FHA-HB) 4.500 0.250 0.375 0.500 4.375 0.375 0.500 0.625 5.500 (3.875) 5.500 (3.875) 4.250 0.500 0.625 0.750 5.375 (3.750) (3.625) (3.500) 5.375 (3.750) (3.625) (3.500) 4.125 1.000 1.125 1.125 5.250 (3.500) (3.375) (3.250) 5.250 (3.500) (3.375) (3.250) 4.000 1.125 1.250 1.250 5.125 (3.375) (3.250) (3.125) 5.125 (3.375) (3.250) (3.125) 3.875 1.250 1.375 1.500 5.000 (3.125) (3.000) (3.000) 5.000 (3.125) (3.000) (3.000) 3.750 1.500 1.625 1.625 4.875 (2.875) (2.750) (2.625) 4.875 (2.875) (2.750) (2.625) 3.625 1.875 1.875 2.000 4.750 (2.625) (2.500) (2.375) 4.750 (2.625) (2.500) (2.375) 3.500 2.000 2.125 2.125 4.625 (2.625) (2.500) (2.500) 4.625 (2.625) (2.500) (2.500) 3.375 2.250 2.375 2.375 4.500 (2.375) (2.375) (2.250) 4.500 (2.375) (2.375) (2.250) 3.250 2.625 2.625 2.750 4.375 (1.875) (1.750) (1.750) 4.375 (1.875) (1.750) (1.750) 3.125 2.875 3.000 3.000 4.250 (1.500) (1.375) (1.375) 4.250 (1.500) (1.375) (1.375) 3.000 3.250 3.375 3.375 4.125 (1.125) (1.000) (1.000) 4.125 (1.125) (1.000) (1.000) 4.000 (0.625) (0.500) (0.375) 4.000 (0.625) (0.500) (0.375) 30yr FHA Streamline HB (30FHA-ST-HB) 25yr FHA Streamline HB (25FHA-ST-HB) FHA Fixed & Arm Adjustments Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day Fico Adjustments 720+ (0.250) 5.500 (3.875) 5.500 (3.875) 680-719 0.000 5.375 (3.750) (3.625) (3.500) 5.375 (3.750) (3.625) (3.500) 660-679 0.500 5.250 (3.500) (3.375) (3.250) 5.250 (3.500) (3.375) (3.250) 640-659 1.000 5.125 (3.375) (3.250) (3.125) 5.125 (3.375) (3.250) (3.125) 620-639 1.500 5.000 (3.125) (3.000) (3.000) 5.000 (3.125) (3.000) (3.000) 600-619 2.500 4.875 (2.875) (2.750) (2.625) 4.875 (2.875) (2.750) (2.625) Other Adjustments 4.750 (2.625) (2.500) (2.375) 4.750 (2.625) (2.500) (2.375) California 0.250 4.625 (2.625) (2.500) (2.500) 4.625 (2.625) (2.500) (2.500) Manufactured Homes 1.500 4.500 (2.375) (2.375) (2.250) 4.500 (2.250) (2.125) (2.125) ARM Margins 4.375 (1.875) (1.750) (1.750) 4.375 (1.875) (1.750) (1.750) 5/1 Arm 2.000 4.250 (1.500) (1.375) (1.375) 4.250 (1.500) (1.375) (1.375) 7/1 Arm 2.000 4.125 (1.125) (1.000) (1.000) 4.125 (1.125) (1.000) (1.000) 5/1 High Balance 2.000 4.000 (0.625) (0.500) (0.375) 4.000 (0.625) (0.500) (0.375) 7/1 High Balance 2.000 3.875 0.000 0.000 0.125 3.875 0.000 0.000 0.125 7
8 30yr VA (30VA) 4.750 (3.625) (3.500) (3.375) 4.750 (3.375) (3.250) (3.125) 4.625 (3.625) (3.500) (3.500) 4.625 (3.625) (3.500) (3.500) 5.500 (4.875) 4.500 (3.375) (3.375) (3.250) 4.500 (3.375) (3.375) (3.250) 5.375 (4.750) (4.625) (4.500) 4.375 (2.875) (2.750) (2.750) 4.375 (2.875) (2.750) (2.750) 5.250 (4.500) (4.375) (4.250) 4.250 (2.500) (2.375) (2.375) 4.250 (2.500) (2.375) (2.375) 5.125 (4.375) (4.250) (4.125) 4.125 (2.125) (2.000) (2.000) 4.125 (2.125) (2.000) (2.000) 5.000 (4.125) (4.000) (4.000) 4.000 (1.625) (1.500) (1.375) 4.000 (1.625) (1.500) (1.375) 4.875 (3.875) (3.750) (3.625) 3.875 (1.000) (1.000) (0.875) 3.875 (1.000) (1.000) (0.875) 4.750 (3.625) (3.500) (3.375) 3.750 (0.500) (0.375) (0.250) 3.750 (0.500) (0.375) (0.250) 4.625 (3.625) (3.500) (3.500) 3.625 0.250 0.250 0.375 3.625 0.250 0.250 0.375 4.500 (3.375) (3.375) (3.250) 3.500 0.875 0.875 1.000 3.500 0.875 0.875 1.000 4.375 (2.875) (2.750) (2.750) 3.375 1.500 1.625 1.750 3.375 1.500 1.625 1.750 4.250 (2.500) (2.375) (2.375) 3.250 2.250 2.250 2.375 3.250 2.250 2.250 2.375 4.125 (2.125) (2.000) (2.000) 25yr VA IRRRL (25VA IRRRL) 4.000 (1.625) (1.500) (1.375) 3.875 (1.000) (1.000) (0.875) 3.750 (0.500) (0.375) (0.250) 3.625 0.250 0.250 0.375 4.750 (2.375) (2.250) (2.125) 4.750 (2.375) (2.250) (2.125) 5.500 (4.875) 4.625 (2.625) (2.500) (2.500) 4.625 (2.625) (2.500) (2.500) 5.375 (4.750) (4.625) (4.500) 4.500 (2.375) (2.375) (2.250) 4.500 (2.375) (2.375) (2.250) 5.250 (4.500) (4.375) (4.250) 4.375 (1.875) (1.750) (1.750) 4.375 (1.875) (1.750) (1.750) 5.125 (4.375) (4.250) (4.125) 4.250 (1.500) (1.375) (1.375) 4.250 (1.500) (1.375) (1.375) 5.000 (4.125) (4.000) (4.000) 4.125 (1.125) (1.000) (1.000) 4.125 (1.125) (1.000) (1.000) 4.875 (3.875) (3.750) (3.625) 4.000 (0.625) (0.500) (0.375) 4.000 (0.625) (0.500) (0.375) 4.750 (3.625) (3.500) (3.375) 3.875 0.000 0.000 0.125 3.875 0.000 0.000 0.125 4.625 (3.625) (3.500) (3.500) 3.750 0.500 0.625 0.750 3.750 0.500 0.625 0.750 4.500 (3.375) (3.375) (3.250) 3.625 1.250 1.250 1.375 3.625 1.250 1.250 1.375 4.375 (2.875) (2.750) (2.750) 3.500 1.875 1.875 2.000 3.500 1.875 1.875 2.000 4.250 (2.500) (2.375) (2.375) 3.375 2.500 2.625 2.750 3.375 2.500 2.625 2.750 4.125 (2.125) (2.000) (2.000) 3.250 3.250 3.250 3.375 3.250 3.250 3.250 3.375 4.000 (1.625) (1.500) (1.375) 3.875 (1.000) (1.000) (0.875) 3.750 (0.500) (0.375) (0.250) 3.625 0.250 0.250 0.375 VA Products 30yr VA IRRRL (30VA IRRRL) 30yr VA High Balance (30VA-HB) 25yr VA High Balance (25VA-HB) 25yr VA High Balance IRRRL (25VA-HB-IRRRL) Fico Adjustments Rate 15 Day 30 Day 45 Day Rate 15 Day 30 Day 45 Day 720+ (0.250) 680-719 0.000 5.500 (3.875) 5.500 (3.875) 660-679 0.500 5.375 (3.750) (3.625) (3.500) 5.375 (3.750) (3.625) (3.500) 640-659 1.000 5.250 (3.500) (3.375) (3.250) 5.250 (3.500) (3.375) (3.250) 620-639 1.500 5.125 (3.375) (3.250) (3.125) 5.125 (3.375) (3.250) (3.125) 600-619 2.500 5.000 (3.125) (3.000) (3.000) 5.000 (3.125) (3.000) (3.000) 4.875 (2.875) (2.750) (2.625) 4.875 (2.875) (2.750) (2.625) Purchase 0.25 ** 4.750 (2.625) (2.500) (2.375) 4.750 (2.625) (2.500) (2.375) Refi & C/O 0.500 4.625 (2.625) (2.500) (2.500) 4.625 (2.625) (2.500) (2.500) 4.500 (2.375) (2.375) (2.250) 4.500 (2.375) (2.375) (2.250) 4.375 (1.875) (1.750) (1.750) 4.375 (1.875) (1.750) (1.750) 25yr VA (25VA) 30yr VA High Balance IRRRL (30VA-HB-IRRRL) VA Specific Adjustments **waived if seller is paying nonallowable fees Other Adjustments 4.250 (1.500) (1.375) (1.375) 4.250 (1.500) (1.375) (1.375) California 0.250 4.125 (1.125) (1.000) (1.000) 4.125 (1.125) (1.000) (1.000) Manufactured Homes 1.500 8
9 30yr Rural Housing (30-USDA) Rate 15 Day 30 Day 45 Day 720+ (0.250) 680-719 0.000 5.375 (4.500) (4.375) (4.250) 660-679 0.500 5.250 (4.250) (4.125) (4.000) 640-659 1.000 5.125 (4.125) (4.000) (3.875) 620-639 1.500 5.000 (4.125) (4.000) (4.000) 4.875 (3.625) (3.500) (3.375) 4.750 (3.375) (3.250) (3.125) Bankruptcy: Minimum of 4 years since the discharge date 4.625 (3.625) (3.500) (3.500) Ratios: 30/43, exceptions considered with compensating factors 4.500 (3.375) (3.375) (3.250) Other Real Estate: Borrowers may not own any other adequate housing 4.375 (2.875) (2.750) (2.750) Property Type: SFR, Warrantable Condo, PUD, NO MFH 4.250 (2.500) (2.375) (2.375) Flood Zone: Property may not be located in a flood zone 4.125 (2.125) (2.000) (2.000) LTV (Purchases): 101% of appraised value. 1% is for the guarantee fee. 4.000 (1.625) (1.500) (1.375) Property Location: Must be located in a rural area. 3.875 (1.000) (1.000) (0.875) 3.750 (0.500) (0.375) (0.250) 3.625 0.250 0.250 0.375 3.500 0.875 0.875 1.000 30yr Rural Housing Streamline (30-USDA-ST) Rate 15 Day 30 Day 45 Day Borrower must be employed at closing, VOE will be required. 5.000 (4.125) (4.000) (4.000) Existing loan must be a Rural Housing Direct or Guaranteed loan. 4.875 (3.625) (3.500) (3.375) Income and ratios must be listed on 1008 and application, but DTI will not be calculated. 4.750 (3.375) (3.250) (3.125) Assets do not need to be listed on 1003. 4.625 (3.625) (3.500) (3.500) Closing costs CAN be financed into the loan* 4.500 (3.375) (3.375) (3.250) Appraisal and inspections are NOT required 4.375 (2.875) (2.750) (2.750) Borrowers cannot be removed from current loan unless deceased. 4.250 (2.500) (2.375) (2.375) New co-borrowers can be added to loan 4.125 (2.125) (2.000) (2.000) Household must be within income limits (verified by most recent paystub and W2) 4.000 (1.625) (1.500) (1.375) Rate must be at least 1% lower than their existing rate. 3.875 (1.000) (1.000) (0.875) Home must remain the borrower s primary residence. 3.750 (0.500) (0.375) (0.250) Need 12 months mortgage history reflecting 0x30. 3.625 0.250 0.250 0.375 Credit report will be required for pricing purposes. 3.500 0.875 0.875 1.000 USDA Products USDA Adjustments USDA Super Streamline Eligibility Information USDA Super Streamline Adjustments USDA Eligibility Information USDA Turn-Times Oregon Washington Address acceptability can be found via the link below http://eligibility.sc.egov.usda.gov/eligibility/welcomeaction.do 640-659 1.000 $50,000 or Less 3.000 680-699 0.000 $50,001-$75,000 1.500 700-719 (0.125) $75,001-$100,000 0.500 720-739 (0.250) $100,001-$150,000 0.000 740+ (0.375) $150,001-$200,000 (0.250) Streamline Program requires a 640 $200,001 & Greater (0.500) Mid Score 9
10 30yr Jumbo (30FJ) 15yr Jumbo (15FJ) 5/1 Jumbo (5/1LJ) Rate 30 Day 45 Day 60 Day Rate 30 Day 45 Day 60 Day Rate 30 Day 45 Day 60 Day 5.625 (4.625) (4.500) (4.375) 5.250 (4.000) (4.000) (3.875) 5.000 (3.625) (3.625) (3.500) 5.500 (4.250) (4.125) (4.000) 5.125 (3.625) (3.625) (3.500) 4.875 (3.375) (3.250) (3.125) 5.375 (3.875) (3.750) (3.625) 5.000 (3.250) (3.250) (3.125) 4.750 (3.000) (3.000) (2.875) 5.250 (3.500) (3.375) (3.250) 4.875 (2.875) (2.875) (2.750) 4.625 (2.625) (2.625) (2.500) 5.125 (3.125) (3.000) (2.875) 4.750 (2.500) (2.375) (2.250) 4.500 (2.250) (2.250) (2.125) 5.000 (2.750) (2.625) (2.500) 4.625 (2.000) (2.000) (1.875) 4.375 (1.875) (1.875) (1.750) 4.875 (2.250) (2.125) (2.000) 4.500 (1.625) (1.500) (1.375) 4.250 (1.500) (1.500) (1.375) 4.750 (1.750) (1.625) (1.500) 4.375 (1.125) (1.125) (1.000) 4.125 (1.125) (1.125) (1.000) 4.625 (1.250) (1.125) (1.000) 4.250 (0.750) (0.625) (0.500) 4.000 (0.750) (0.750) (0.625) 4.500 (0.750) (0.625) (0.500) 4.125 (0.250) (0.250) (0.125) 3.875 (0.375) (0.375) (0.250) 4.375 (0.250) (0.125) 0.000 4.000 0.125 0.250 0.375 3.750 0.000 0.000 0.125 4.250 0.250 0.375 0.500 3.875 0.625 0.625 0.750 3.625 0.375 0.375 0.500 4.125 0.750 0.875 1.000 3.750 1.125 1.250 1.375 3.500 0.875 0.875 1.000 7/1 Jumbo (7/1LJ) 10/1 Jumbo (10/1LJ) Rate 30 Day 45 Day 60 Day Rate 30 Day 45 Day 60 Day 5.000 (3.500) (3.500) (3.375) 5.125 (3.500) (3.500) (3.375) 4.875 (3.250) (3.125) (3.000) 5.000 (3.250) (3.125) (3.000) 4.750 (2.875) (2.875) (2.750) 4.875 (2.875) (2.875) (2.750) 4.625 (2.500) (2.500) (2.375) 4.750 (2.500) (2.500) (2.375) 4.500 (2.125) (2.125) (2.000) 4.625 (2.125) (2.125) (2.000) 4.375 (1.750) (1.750) (1.625) 4.500 (1.750) (1.750) (1.625) 4.250 (1.375) (1.375) (1.250) 4.375 (1.375) (1.375) (1.250) 4.125 (1.000) (1.000) (0.875) 4.250 (1.000) (1.000) (0.875) 4.000 (0.625) (0.625) (0.500) 4.125 (0.625) (0.625) (0.500) 3.875 (0.250) (0.250) (0.125) 4.000 (0.250) (0.250) (0.125) 3.750 0.125 0.125 0.250 3.875 0.125 0.125 0.250 3.625 0.500 0.500 0.625 3.750 0.500 0.500 0.625 3.500 1.000 1.000 1.125 3.625 1.000 1.000 1.125 Automatic Payments (ACH) is required on all Jumbo products 60.01% 70.01% 75.01% Cash-Out Refinance LTV <=50% 0.125 Fico/LTV <=60% to 70% to 75% to 80% Cash-Out Refinance LTV >50% <=60% 0.250 FICO Cash-Out Refinance LTV >60% 0.375 780+ 760-779 740-759 720-739 700-719 (0.750) (0.625) (0.375) (0.125) (0.500) (0.375) (0.125) 0.250 (0.250) (0.125) 0.125 0.625 0.000 0.250 0.500 1.000 0.125 0.625 0.875 1.375 Rate/Term Refinance 0.375 Loan Amount >=$1mm (0.125) Loan Amount >$424,100 to <=$636,150 0.000 Second Home 0.250 10
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