Purchase & R/T Refinance (O/O, 1-2 Units)

5 Year Interest Only paymentPurchase & R/T Refinance (O/O, 3-4 Units)

80/80%LTV/CLTV to $700,000 with 700(FIXED)/700(ARMs) FICO

Cash-Out Refinance (O/O, 1-2 Units)

80/80% LTV/CLTV to $500,000 with 700 Credit Score

70/70% LTV/CLTV to $700,000 with 700 Credit Score

65/65% LTV/CLTV to $1,000,000 with 700 Credit Score

• Loan Purpose: Purchase, Rate/Term & Cash-out Refinances

• Occupancy: Primary & 2nd Home

• Loan Type: 5/1, 7/1 Libor ARM & 30-year Fixed (Interest only available)

• Max. Loan Amount: $1,000,000

• Doc Type: SIVA Stated Income Verified Assets

• Min. Credit Score: 680

• Min. Trade lines: A Min. of 24 mos established credit history

• Mortgage History: 0x30 in the last 24 mos

• First-Time Homebuyer: Allowed

• Property Types: SFR, PUD, 2-4 units, Low/high Rise Condo,

• Qualifying Ratio: 38% DTI for Fixed Rate, 40% DTI for ARMs

• Reserves 6months PITI,

• Seller Contributions: - Primary

> 90.01%LTV: 3%, 75.01%-90%LTV: 6%, <=75%LTV: 9%

- 2nd Home: 80.01-90%LTV: 6%, <80% LTV: 3%,

reference #4062908475

all loan products are subject to change at any tim