Rate Sheet Packet Owner Occupied Non-Owner Occupied Expanded Prime Near-Prime Non-Prime Near-Prime Non-Prime Investor Adv. Rate Sheet Page 2 Page 3 Page 4 Rate Sheet Page 3 Page 4 Page 5 Page 6 Credit Credit LTVs up to: 85% 95% 85% LTVs up to: 85% 80% 80% 75% FICO 660+ 620+ 500+ FICO 620+ 580+ 620+ N/A Minimum $100,000 $100,000 $100,000 Minimum $100,000 $100,000 $100,000 $100,000 Maximum $2,000,000 $2,500,000 $2,000,000 Maximum $2,500,000 $2,000,000 $2,000,000 $1,500,000 Debt Ratios Debt Ratios Max DTI (Standard) 43% 50% 43% Max DTI (Standard) 50% 43% N/A 50% / N/A Enhanced DTI (to 50%) Enhanced DTI (to 50%) N/A N/A Enhanced DTI (to 55%) Not Allowed Enhanced DTI (to 55%) Not Allowed Not Allowed N/A N/A Income Documentation Income Documentation Full Doc Full Doc N/A Asset Depletion Not Allowed Not Allowed Asset Depletion Not Allowed N/A 24mo Personal Bank Statements 24mo Personal Bank Statements N/A Not Allowed 24mo Business Bank Statements 24mo Business Bank Statements N/A Not Allowed 1 Year Alt Doc Not Allowed 1 Year Alt Doc N/A Not Allowed 12mo Personal Bank Statements 12mo Personal Bank Statements N/A Not Allowed Program Highlights* 3/1 ARM - - - 3/1 ARM - - 5/1 ARM 5/1 ARM 7/1 ARM 7/1 ARM - - 10/1 ARM - - - 10/1 ARM - - 30yr Fixed 30yr Fixed - - Interest Only (ARMs only) Interest Only (ARMs only) * See Guidelines for details Program Requirements Expanded Non-Prime Investor Near-Prime Prime A B C Advantage Mortgage History 0x30x12 1x30x12 0x60x12 0x120x12 0x120x12 1x30x12 1x30x12 Bankruptcy Seasoning 60 Months 36 Months 12 Months Settled FC/SS/DIL Seasoning 60 Months 36 Months 12 Months Settled Residual Income $2,500 $2,500 $1,500 $1,500 $1,500 N/A N/A Pricing Policies Expanded Investor Rate Lock Desk Near-Prime Non-Prime Prime Advantage Phone: (844) 346-9475 (844-DHM-WHSL) Fees Email: wholesalelock@deephavenmortgage.com Underwriting Fee $1,295.00 $1,295.00 $1,295.00 $1,295.00 $1,295.00 Hours: 8:30am - 6:30pm EST (Mon-Fri) Max Rate Rate Premium: Limited to Individual Lender Paid Compensation Plan Amount; Deal Desk Email: dealdesk@deephavenmortgage.com Premium Borrower Paid Comp; All Loans Priced at Par after s Hours: 8:30am - 6:30pm EST (Mon-Thurs) Max s -5.000-5.000-5.000 N/A N/A Hours: 8:30am - 5:00pm EST (Friday) Contact
Expanded-Prime Rate Sheet Coupon 5/1 ARM 30Yr Fixed Documentation 4.750 100.500 98.750 4.875 100.750 99.250 4.990 101.250 99.750 5.125 101.500 100.250 Full Doc 5.250 101.750 100.500 5.375 102.000 101.000 5.500 102.250 101.250 760+ 0.250 0.000-0.250-0.500-0.500-1.000 740-759 0.000-0.250-0.250-0.500-0.750-1.250 720-739 0.000-0.250-0.500-0.500-0.750-1.500 700-719 -0.250-0.500-1.000-1.250-1.500-2.500 680-699 -0.500-0.750-1.250-1.500-2.250-3.250 660-679 -1.000-1.250-1.500-2.250-2.750 N/A 760+ -0.250-0.500-1.250-1.500-1.750 N/A 740-759 -0.500-0.750-1.250-1.500-2.000 N/A 720-739 -0.500-0.750-1.500-1.500-2.000 N/A 700-719 -0.750-1.000-2.000-2.250 N/A N/A 700+ -0.250-0.250-0.500-0.750-1.000 N/A 5.625 102.500 101.500 24 Month 5.750 102.750 101.750 Bank Statements 5.875 103.000 102.000 5.990 103.250 102.250 12 Mo Bank Stmt* 6.125 103.500 102.500 *In addition to 24 Month Bank Statement FICOxLTV 6.250 103.750 102.750 Price Adjustments --- 6.375 104.000 103.000 6.500 104.250 103.250 6.625 104.500 103.500 Product 6.750 104.750 103.750 6.875 105.000 104.000 6.990 105.250 104.250 7.125 105.500 104.500 7.250 105.750 104.750 7.375 106.000 105.000 7.500 106.250 105.250 7.625 106.500 105.500 7.750 106.750 105.750 7/1 ARM -0.500-0.500-0.500-0.500-0.500-0.500 Interest-Only -0.500-0.500-0.500-0.500 N/A N/A < 150,000-0.500-0.500-0.500-0.750-0.750-1.000 < 250,000 0.000 0.000-0.250-0.250-0.250-0.500 > 600,000 0.000 0.000 0.000 0.000 0.000 0.000 > 1,000,000 0.000 0.000 0.000-0.250-0.250 N/A > 1,500,000-0.750-0.750-0.750-0.750 N/A N/A Cash-Out -0.500-0.750-0.750 N/A N/A N/A Second Home -0.750-0.750 N/A N/A N/A N/A Condo -0.250-0.500-0.500-0.500-0.500-0.750 DTI > 43** 0.000 0.000 0.000-0.250-0.250 N/A Non-CA State 0.250 0.250 0.250 0.250 0.250 0.250 **Full Doc and 24 Month Personal Bank Statements only Term/Extension Adjustments ARM Features Program Requirements Days Adj. 5/1 ARM 7/1 ARM Expanded Prime 45 0.250 Margin 3.50% 3.50% Min $100,000 Lock Term 30 N/A Caps 2/2/5 5/2/5 Max $2,000,000 5 N/A Index 1YR LIBOR Mortgage History 0x30x12 10 N/A Floor 3.50% 3.50% Bankruptcy Seasoning 60 Months Extension 15-0.250 IO Term 10 Years FC/SS/DIL Seasoning 60 Months 30-0.500 Qualifying Rate: Max(Fully Indexed, Note Rate) Residual Income $2,500
Near-Prime Rate Sheet Email: wholesalelock@deephavenmortgage.com Phone: (800) 983-0457 Coupon 5/1 ARM 30Yr Fixed Documentation 5.250 100.000 98.000 5.375 100.250 98.500 5.500 100.500 99.000 5.625 100.750 99.250 Full Doc 5.750 101.000 99.750 5.875 101.250 100.000 5.990 101.500 100.250 6.125 101.750 100.500 24 Month Bank 6.250 102.000 101.000 Statements or 1-Year Alt 6.375 102.250 101.250 Doc 6.500 102.500 101.500 6.625 102.750 101.750 6.750 103.000 102.000 12 Mo Bank Stmt** 6.875 6.990 103.250 103.500 102.250 102.500 *Primary Occupancy, Purchase Only, Max DTI = 35%, > $453,100 Only **In addition to 24 Month Bank Statement FICOxLTV 7.125 103.750 102.750 7.250 104.000 103.000 7.375 104.250 103.250 7.500 104.500 103.500 Product 7.625 104.750 103.750 7.750 105.000 104.000 Loan 7.875 105.250 104.250 Amount 7.990 105.500 104.500 8.125 105.750 104.750 8.250 106.000 105.000 8.375 106.250 105.250 8.500 106.500 105.500 8.625 106.750 105.750 8.750 107.000 106.000 8.875 107.250 106.250 8.990 107.500 106.500 ***Not Allowed on 12 Month Bank Statements or 1 Year Alt Doc 90% 95%* 720+ 1.000 0.750 0.500 0.250 0.000-1.000-1.500-3.000 700-719 0.750 0.500 0.250 0.000-0.250-1.250-2.000 N/A 680-699 0.500 0.250 0.000-0.250-0.750-2.000-3.000 N/A 660-679 0.250 0.000-0.250-0.750-1.250-2.750-3.750 N/A 640-659 0.000-0.250-0.500-1.250-2.000-3.500 N/A N/A 620-639 -0.500-0.750-1.500-2.250-3.000-4.250 N/A N/A 720+ 0.750 0.250 0.000-0.500-1.000-2.000-2.750 N/A 700-719 0.500 0.000-0.250-0.750-1.250-2.250-3.250 N/A 680-699 0.250-0.250-0.500-1.000-1.750-3.000-4.250 N/A 660-679 0.000-0.500-0.750-1.500-2.250-3.750 N/A N/A 640-659 -0.750-1.000-1.500-2.500-3.500-5.000 N/A N/A 620-639 -1.250-1.500-2.500-3.500-4.500 N/A N/A N/A 620+ -0.250-0.250-0.500-0.500-0.750-1.000 N/A N/A Price Adjustments --- 90% 95% 7/1 ARM -0.250-0.250-0.250-0.250-0.250-0.250-0.250-0.250 Interest-Only -0.250-0.250-0.500-0.500-0.750-0.750 N/A N/A < 150,000-0.500-0.500-0.500-0.750-0.750-1.000-1.000 N/A < 250,000 0.000 0.000-0.250-0.250-0.250-0.500-0.500 N/A > 600,000 0.250 0.250 0.250 0.250 0.250 0.000 0.000 0.000 >1,000,000 0.000 0.000 0.000 0.000 0.000-0.500-0.500-0.750 >1,500,000-0.500-0.500-0.500-0.500-0.750-0.750 N/A N/A Cash-Out -0.500-0.500-0.750-1.000-1.000-1.000 N/A N/A Second Home -1.000-1.000-1.000-1.000-1.000 N/A N/A N/A Investor 0.250 0.000-0.250-0.750-1.500-2.000 N/A N/A Condo 0.000 0.000 0.000 0.000-0.250-0.500 N/A N/A Non-Warrantable -0.500-0.750-0.750-1.000-1.000 N/A N/A N/A 2-4 Units -0.500-0.500-0.500-0.500-0.500 N/A N/A N/A DTI > 43 *** 0.000 0.000 0.000-0.250-0.250-0.250-0.500 N/A Term/Extension Adjustments Max Price / Prepay Buydown ARM Features Program Requirements Days Adj. Term Max Px Feature 5/1 ARM 7/1 ARM Near Prime 45 0.250 3 Year 0.000 102.500 Margin 3.50% 3.50% Min $100,000 Lock Term 30 N/A 2 Year -0.250 102.500 Caps 2/2/5 5/2/5 Max $2,500,000 5 N/A 1 Year -0.500 102.500 Index 1YR LIBOR Mortgage History 1x30x12 10 N/A No Prepay -1.000 102.500 Floor 3.50% 3.50% Bankruptcy Seasoning 36 Months Extension 15-0.250 Prepayment Penalties allowed on Investor loans only. IO Term 10 Years FC/SS/DIL Seasoning 36 Months 30-0.500 See matrix for state restrictions. Qual Rate: Max(Fully Indexed, Note Rate) Residual Income $2,500
Non-Prime Rate Sheet 60 Day Pricing Coupon 5/1 ARM Documentation 5.500 98.500 5.625 99.000 5.750 99.250 5.875 99.500 5.990 99.750 Full Doc 6.125 100.000 6.250 100.250 6.375 100.500 6.500 100.750 6.625 101.000 6.750 101.250 6.875 101.500 24 Month 6.990 101.750 Bank Statements or 1-Year Alt 7.125 102.000 Doc 7.250 102.250 7.375 102.500 7.500 102.750 12 Mo Bank Stmt* 7.625 103.000 *In addition to 24 Month Bank Statement FICOxLTV 7.750 103.250 7.875 103.500 7.990 103.750 8.125 104.000 Credit Grade 8.250 104.250 8.375 104.500 Product 8.500 104.750 8.625 105.000 8.750 105.250 8.875 105.500 8.990 105.750 9.125 106.000 9.250 106.250 9.375 106.500 9.500 106.750 9.625 107.000 9.750 107.250 Max Price: 102.500 45 Day Lock 0.250 30 Day Lock Not Offered Price Adjustments --- FICO x LTV 700+ 1.500 1.250 1.000 0.750 0.250-0.750 680-699 1.250 1.000 0.750 0.500-0.250-1.500 660-679 1.000 0.750 0.500 0.000-0.750-2.250 640-659 0.750 0.500 0.250-0.500-1.500-3.000 620-639 0.250 0.000-0.750-1.500-2.500-3.750 600-619 -0.500-0.750-1.500-2.250-3.250 N/A 580-599 -1.250-1.500-2.250-3.000-4.000 N/A 540-579 -2.250-2.500-3.250-4.000 N/A N/A 500-539 -2.750-3.000-3.750-4.500 N/A N/A 700+ 1.000 0.750 0.250-0.250-0.750-2.000 680-699 0.750 0.500 0.000-0.500-1.250-2.750 660-679 0.500 0.250-0.250-1.000-1.750-3.500 640-659 0.000-0.250-0.750-1.750-2.750-4.500 620-639 -0.500-0.750-1.750-2.750-3.750-5.000 600-619 -1.500-1.750-2.750-3.750-4.750 N/A 580-599 -2.250-2.500-3.500-4.500-5.000 N/A 620+ -0.250-0.250-0.500-0.500-0.750-0.750 Price Adjustments --- B -0.500-0.500-0.500-0.500-0.500-0.500 C -1.500-1.500-1.500 N/A N/A N/A 7/1 ARM -0.250-0.250-0.250-0.250-0.250-0.250 Interest-Only -0.250-0.250-0.500-0.500-0.750-0.750 30Yr Fixed -1.250-1.250-1.250-1.000-1.000-1.000 < 150,000-0.500-0.500-0.500-0.500-0.500-0.500 < 250,000 0.000 0.000-0.250-0.250-0.250-0.250 > 600,000 0.250 0.250 0.250 0.000 0.000 0.000 > 1,000,000 0.000 0.000-0.250-0.250-0.250-0.250 > 1,500,000-0.500-0.500-0.500-0.500-0.500-0.500 Cash-Out -0.750-0.750-0.750-1.000-1.000 N/A Second Home -0.750-0.750-1.000-1.000-1.000 N/A Investor 0.000-0.250-1.000-1.500-2.000 N/A Condo 0.000 0.000 0.000 0.000-0.250-0.250 Non-Warrantable -0.500-0.750-0.750-1.000-1.000 N/A 2-4 Units -0.500-0.500-0.500-0.500-0.500 N/A DTI > 43 0.000 0.000 0.000 0.000-0.250-0.250 Non-US Credit 0.500 0.000-0.500-1.250-2.250 N/A Extension Adjustments Max Price / Prepay Buydown ARM Features Program Requirements Days Adj. Term Max Px 5/1 ARM 7/1 ARM A B C 5 N/A 3 Year 0.000 102.500 2/2/5 caps 5/2/5 caps Min Loan $100,000 $100,000 $100,000 Extension 10 N/A 2 Year -0.250 102.500 Margin: 3.50% Max Loan $2,000,000 $2,000,000 $1,000,000 Period 15-0.250 1 Year -0.500 102.500 Floor: 3.50% Mtg History 0x60x12 0x120x12 0x30 30-0.500 No Prepay -1.000 102.500 Index: 1 year LIBOR Bankruptcy 12 Months Settled Max Extensions: 2 Investor loans only - See Matrix Qual Rate: Max(Fully Indexed,Note Rate) FC/SS/DIL 12 Months Settled
Investor Advantage Rate Sheet Investor Advantage 3/1 ARM Investor Advantage 5.750 97.750 760+ 1.750 1.500 1.500 1.250 0.750-1.250 5.875 98.250 740-759 1.500 1.500 1.500 1.000 0.500-1.500 5.990 98.750 720-739 1.500 1.250 1.250 0.500-0.500-2.500 6.125 99.000 700-719 1.000 1.000 1.000 0.250-1.500-3.000 FICO 6.250 99.250 680-699 0.750 0.500 0.500 0.000-2.000-3.500 6.375 99.500 660-679 0.250 0.000 0.000-0.500-3.000 N/A 6.500 99.750 640-659 0.000-0.250-0.250-1.000-3.250 N/A 6.625 100.000 620-639 -1.500-2.000-2.500-2.750-4.500 N/A 6.750 100.250 DSCR 1.15 0.000 0.000 0.000 0.000 0.000 0.000 DSCR 6.875 100.500 DSCR < 1.15 or None -0.750-0.750-1.000-1.000-1.000 N/A 6.990 100.750 7.125 101.000 Price Adjustments --- 7.250 101.250 7.375 101.500 5/1 ARM -0.250-0.250-0.250-0.250-0.250-0.250 7.500 101.750 10/1 ARM -0.750-0.750-0.750-0.500-0.500-0.500 7.625 102.000 < 150,000-1.000-1.000-1.000-1.000-1.000-1.000 7.750 102.250 < 250,000 0.000 0.000 0.000-0.250-0.250-0.500 7.875 102.500 > 600,000 0.250 0.250 0.250 0.250 0.000 0.000 7.990 102.750 > 1,000,000 0.000 0.000-0.250-0.250-0.250 N/A 8.125 103.000 > 1,500,000-0.500-0.500-0.750-0.750-0.750 N/A 8.250 103.250 Cash-Out -0.500-0.500-0.500-1.000-1.000 N/A 8.375 103.500 Rate Term 0.000 0.000 0.000 0.000 0.000 0.000 8.500 103.750 Interest Only -0.500-0.500-0.500-0.500-0.500 N/A 8.625 104.000 2-4 Units -0.250-0.250-0.500-0.500-0.500 N/A 8.750 104.250 Condo -0.250-0.250-0.250-0.500-0.500-0.500 8.875 104.500 Non-Warrantable -0.500-0.500-0.750-1.000-1.000 N/A 8.990 104.750 9.125 105.000 9.250 105.250 9.375 105.500 9.500 105.750 9.625 106.000 9.750 106.250 9.875 106.500 9.990 106.750 Max s: N/A Lock Periods Term 30 days Not Offered 45 days 0.250 60 days 0.000 Prepay Buydown / Max Price Prepay Term 3 Year 0.000 2 Year -0.500 1 Year -1.000 No Prepay* -1.250 *See Eligibility Matrix for No Prepay Allowed States Extensions Days 5 N/A 10 N/A 15-0.250 30-0.500 Max # of extensions: 2 ARM Features Max Price Feature 3/1 ARM 5/1 ARM 10/1 ARM 102.500 Margin 6.00% 6.00% 6.00% 102.500 Caps 2/2/6 2/2/5 5/2/5 102.500 Index 1YR LIBOR 102.500 Floor 6.00% 6.00% 6.00% IO Term 5 Years 10 Years Program Parameters Criteria Investor Advantage Minimum Loan Amt $100,000 Maximum $2,000,000 Mortgage History 1x30x12 Bankruptcy Seasoning FC/SS/DIL Seasoning
Rate Sheet 3/1 ARM 5.500 98.250 Full Doc 1.250 1.000 0.500-0.500-2.000 N/A 5.625 98.500 Doc Type DSCR 1.15 0.000-0.250-1.000-2.000-3.500 N/A 5.750 98.750 No DSCR -0.500-0.750-1.500-2.500-4.000 N/A 5.875 99.000 5.990 99.250 6.125 99.500 Price Adjustments --- 6.250 99.750 6.375 100.000 5/1 ARM 0.000 0.000 0.000 0.000 0.000 N/A 6.500 100.250 10/1 ARM -0.750-0.750-0.750-0.500-0.500 N/A 6.625 100.500 < 150,000-1.000-1.000-1.000-1.000-1.000 N/A 6.750 100.750 < 250,000 0.000 0.000 0.000-0.250-0.250 N/A 6.875 101.000 > 600,000 0.250 0.250 0.250 0.250 0.000 N/A 6.990 101.250 > 1,000,000 0.000 0.000-0.250-0.250-0.250 N/A 7.125 101.500 > 1,500,000 N/A N/A N/A N/A N/A N/A 7.250 101.750 Cash-Out -0.500-0.500-0.500-1.000 N/A N/A 7.375 102.000 Rate Term 0.000 0.000 0.000 0.000 0.000 N/A 7.500 102.250 Interest Only -0.250-0.250-0.500-0.500-0.500 N/A 7.625 102.500 Second Home* 0.000 0.000 0.000 0.000 0.000 N/A 7.750 102.750 2-4 Units -0.250-0.250-0.500-0.500-0.500 N/A 7.875 103.000 Condo -0.250-0.250-0.250-0.250-0.250 N/A 7.990 103.250 Non-Warrantable Condo -0.500-0.500-0.750-1.000-1.000 N/A 8.125 103.500 *Full Doc / Asset Depletion only 8.250 103.750 8.375 104.000 8.500 104.250 8.625 104.500 8.750 104.750 8.875 105.000 8.990 105.250 9.125 105.500 9.250 105.750 9.375 106.000 9.500 106.250 9.625 106.500 9.750 106.750 Max s: N/A Lock Periods Term 30 days Not Offered 45 days 0.250 60 days 0.000 Prepay Buydown / Max Price Prepay Term 3 Year 2 Year 1 Year No Prepay** **See Eligibility Matrix for No Prepay Allowed States Extensions Days 5 N/A 10 15 30 Max # of extensions: 2 ARM Features Max Price Feature 3/1 ARM 5/1 ARM 10/1 ARM 0.000 102.500 Margin 6.00% 6.00% 6.00% -0.250 102.500 Caps 2/2/6 2/2/5 5/2/5-0.500 102.500 Index 1YR LIBOR -1.000 102.500 Floor 6.00% 6.00% 6.00% IO Term 5 Years 10 Years N/A -0.250-0.500 Program Requirements Criteria Minimum $100,000 Maximum $1,500,000 Mortgage History 1x30x12 Bankruptcy Seasoning FC/SS/DIL Seasoning