Trio is the best solution

Trio is the best solution

Why trio exists

W H Y T R I O E X I S T S : Here s the reality Approximately 30% of mortgage applicants are denied. The US housing market has high demand for an alternative to the traditional mortgage US$ 834 billion+ in annual volume is lost by mortgage denials US$ 56 billion+ in annual sales is lost by mortgage denials 2016 Mortgage Bank Association

W H Y T R I O E X I S T S : How to qualify for a Traditional Mortgage Great Credit score of minimum Stable Monthly Income Down payment: minimum Strong assets, low liabilities Low Debt-to-income Ratio Very stable Employment

W H Y T R I O E X I S T S : Things that affect mortgage approvals Life events affect mortgage approvals Life Stages: Life Happens: Relocation with 2 nd home Self-employed New careers Recent life changes Medical recovery First time buyers Down payment gaps Seasonal jobs Unemployed Recently divorced Low savings Average credit score today is 687

W H Y T R I O E X I S T S : This is a problem Tighter lending standards are shutting out millions of home buyers. The US housing market has high demand for a solution. 10 million+ former homeowners want to own again but don t qualify for a mortgage 93% of the 75 million under age 45 want to own a home in the future but need to qualify for a mortgage Many American households unable to apply for mortgages, with homeownership rates at a 12 year low

Trio is the best solution

There s renting, there s owning, now there s trio. P L A I N & S I M P L E trio is homeownership financing using a lease with an option to purchase that is coupled with an assumable FHA insured mortgage locking in both today s interest rate for 30 years and home price for up to 5 years.

H O W T R I O W O R K S : Heard of lease-to-own? Trio is better. Much better. Traditional Car Lease trio s Lease to Own Program Choose term, from 1-5 years Have greater flexibility in who finances the car Have fixed monthly payments Know the pre-set purchase option price Have the option not the obligation to buy at the end of the term No down payment required Select from any for sale home Low up-front costs Option price at cost +1% fixed for 3 years Includes an assumable FHA mortgage Buy at any time Purchase the home, exchange it for another, extend the lease, or move on. It s up to the client No obligation to purchase

H O W T R I O W O R K S : How to qualify! Credit score: Housing History: Household Income: months + / month Savings Maximum Debt-to-income Maximum Rent-to-income:

H O W T R I O W O R K S : Who trio invests in! Quality households with income and job stability use the Trio solution.

H O W T R I O W O R K S : trio homes: What kind of homes qualify for trio financing? All homes except new construction must be inspected by a certified inspector use trio to finance either a move-in ready home or submit one of your own. If it meets our guidelines, trio will finance it trio does not finance pre-sold properties for speculation. Every home must have a homeowner Offers should include closing concessions of 3% or greater trio finances single family, condominiums, and townhomes trio finances any newly built properties substantially remodeled within the last 10 years, in major markets across the US trio can finance up to 105% of the FHA loan limit Home must be valued greater than or equal to the purchase price

H O W T R I O W O R K S : Choose from trioselect or triofirst to finance homes

TS RO HIO W HP AT RRT OIGI O S RWA T RO MIR S O K: : S : trio offers trioselect and triofirst to meet client needs trio s solution closes the home financing gap by offering a more accessible way to buy a home Starting at 2% per year trio s is a safe, stable, and flexible solution that puts you in control of your home financing Fixed at 1% over home cost Anytime during lease From 1 to 5 years Anytime during lease 3 years 620 580 Home Purchase Assistance is the trio term for wealth creation from home value appreciation over the lease term that the client can use towards buying their home. It is for the difference between the purchase option price and the original home price, plus acquisition costs and a one-time 1% appreciation charge.

H O W T R I O W O R K S : Choose from trioselect or triofirst for leasing options trioselect offers the greatest amount and allows for a lease term of up to 5 years triofirst is designed the most affordable and secure path to assist first time homebuyers and those returning to home ownership after the Great Recession of 2008. The primary program offered to 80% of trio applicants Every trio lease includes an ownoption mortgage. Basically, a low option price is fixed for the life of the lease at below market interest rate that the client can use to buy when ready This low interest rate is fixed for the life of the lease

H O W T R I O W O R K S : From Lease to Own ownoption Mortgage When clients are ready to buy, the ownoption mortgage is a great solution! It is put in place at the start of the lease, so it can simply be assumed when ready to purchase. Lock in the purchase price and interest rate at time of financing, making the home purchase more affordable in the future Fixed interest rate current rates start at just 4% 30 year term Take it over at any time do not have to wait until the lease term is up

TS RO HIO W HP AT RRT OIGI O S RWA T RO MIR S O K: : S : trio financing example using triofirst for a US$ 300,000 home triofirst example: 3 year lease. Trio sets a purchase option price at 1% over the cost to purchase, plus locks in a 30 year mortgage at an interest rate of 4.5% thereby preserving affordability and peace of mind for the client. * Trio finances homes priced up to 105% of the FHA loan limit. The County FHA loan limit is $358,800. List Price $300,000 Required cash to close $27,500 $4,055 Monthly payment $2,025 $2,370 ownoption Mortgage n/a $294,566 Purchase option price n/a $302,510 Home value at end of lease term n/a $337,000 Inception Fee (1% of Trio home price) $3,000 Healthy Home Fee $ 400 Underwriting & doc prep fee $ 655 While the Trio monthly payment is higher, the overall cost is lower to the client if they purchase the home. Monthly PITI** $2,025, 4.5% interest rate, 30 year term. This becomes the client s new payment if the loan is assumed. Option price of 1% over trio s cost, fixed over lease term, and the client keeps the equity in the home if purchased. End of term Benchmark Value per Collateral Analytics, Inc., forecasted annual Home Price Appreciation of 4.0%. *FHA Federal Housing Administration **PITI Principal, interest, taxes, and insurance

TS RO HIO W HP AT RRT OIGI O S RWA T RO MIR S O K: : S : trio financing example using triofirst for a US$ 500,000 home triofirst example: 3 year lease. Trio sets a purchase option price at 1% over the cost to purchase, plus locks in a 30 year mortgage at an interest rate of 4.5% thereby preserving affordability and peace of mind for the client. * Trio finances homes priced up to 105% of the FHA loan limit. The County FHA loan limit is $358,800. List Price $500,000 Required cash to close $31,582 $6,055 Monthly payment $3,289 $3,724 ownoption Mortgage n/a $490,000 Purchase option price n/a $505,000 Home value at end of lease term n/a $562,000 Inception Fee (1% of Trio home price) $5,000 Healthy Home Fee $ 400 Underwriting & doc prep fee $ 655 While the Trio monthly payment is higher, the overall cost is lower to the client if they purchase the home. Monthly PITI** $3,289, 4.5% interest rate, 30 year term. This becomes the client s new payment if the loan is assumed. Option price of 1% over trio s cost, fixed over lease term, and the client keeps the equity in the home if purchased. End of term Benchmark Value per Collateral Analytics, Inc., forecasted annual Home Price Appreciation of 4.0%. *FHA Federal Housing Administration **PITI Principal, interest, taxes, and insurance

Why choose trio

W H Y C H O O S E T R I O : A new path to home ownership! Program review: Simple: instead of starting with a home mortgage, Trio first qualifies the client for a lease. At the end of the day it is the client s home Trio is financing. Clients maintain their home like it is their own and decide if and when they would like to buy it Affordable: There is no down payment required. Clients only pay 1% of the home price, plus closing fees of US$ 655. Monthly payments are very similar to mortgage payments. Low discounted interest rates through the ownoption mortgage Safe and secure: Trio s government agencies uses US Federal Housing Administration (FHA) mortgages. Mortgages are insured through Fannie Mae Flexible and accessible: choose either trioselect or triofirst options. Flexible lease terms of 1 to 5 years The best solution for many mortgage qualification challenges

W H Y C H O O S E T R I O : A new path to home ownership! Facts About Trio Trio costs less to get into: Unlike most lenders, Trio doesn t charge junk fees. Trio requires a lot less cash than a mortgage and no more than a typical rental Trio costs less to get out: With Trio, clients can purchase their lease, anytime without penalty and their low option price is included in their Trio lease. This saves the client approximately costs of 8-10% of the sales price Fixed monthly payments: Client monthly payments are based on the cost of the home they select. Payments are fixed and only goes up during the lease if the property taxes, homeowner insurance, or similar costs increase Flexible lease terms: Clients have a lease choice of 1 to 5 years. If the ultimate goal is to purchase; 1 to 3 years is ideal. Trio provides up to 5 years if clients need more time

W H Y C H O O S E T R I O : A new path to home ownership! Trio sets the purchase price up front: Facts About Trio cont d Future option price is set based on factors that include the number of years in the lease. Triofirst sets the option price at only 1% above the home price, plus initial costs, while Trioselect starts at just 2% per year. Most US housing markets go up on average 4% per year, Trio s programs are designed to build future equity when the client is ready to buy ownoption mortgage: Clients can lock in their future monthly payment and interest rate. Clients can assume the favorable terms when they purchase the lease and protect themselves from rising interest rates Life happens, Think Trio: Everyone goes through a life changing event. Notify Trio know and they will do what they can to help purchase, exchange or move on

W H Y C H O O S E T R I O : Trio s competitive advantage Choice Accessibility Trio uses a unique and fair way to assess client s financial background, while eliminating a lot of typical barriers to approval trioselect or triofirst options Trio is all about unlocking the door to homeownership for those who could use a helping hand Trio works with the mortgage and real estate industry, not against them Flexibility Trio is agnostic to who holds title to leased homes enabling Trio to scale with little restraint Trio controls client pricing, interest rates & credit standards Security Trio has exclusive government agency partners Trio uses residential mortgages as leverage Trio provides more value for invested capital

W H Y C H O O S E T R I O : Who trio works with

How trio makes money

T R I O How trio makes money Primary investment purpose is to fund the acquisition of single family homes, with cash flows secured by trio lease agreements. trio lease-to-own home financing agreements contain terms for the sale of acquired homes to clients The investment is structured to provide returns both from cash flow from trio leases and profits from the sale of acquired homes Cash flow is generated through the income produced from 1 to 5 year leases that provide the client with the option to purchase the property

Thank you for considering Trio