Market Movement - Bluepoint Mortgage€¦ · Conventional MAX prices Conventional / Government Turn...

BluePoint Mortgage

3070 Bristol Street # 400

Costa Mesa, CA 92626

www.bluepointmortgage.com

NMLS # 320004

HUD Lender ID# 25799-00006

VA Lender ID # 902947-0000

Email: [email protected]

Lock Hours:

Choice and Leverage Programs

Yesterday Today

30 YRS 3.50% (2.523) (2.623) (0.100)

30 YRS 4.00% (2.978) (3.048) (0.070)

California Lender Fee

Non California Lender Fee

Streamlines & IRRRLS

(5.000)

(4.500)

ONE YEAR LIBOR INDEX 0.792

ONE YEAR CMT INDEX 0.620

Jumbo MAX prices See page 8

MAX NET PRICE PRIOR TO BROKER COMP

Market Index

Rates, pricing, price adjustments and rate adjustments are subject to change without notice. If a discrepancy occurs, the person submitting the lock request will be contacted for approval of the new

adjusted price or rate before proceeding with the lock in. For internal use by Bluepoint Mortgage only.

Not for distribution to the general public.

Resources Max Net Prices

Government MAX prices

Conventional MAX prices

Conventional / Government Turn Times

SET-UP 120 Hours

UNDERWRITING 24-48 Hours

FUNDING 24 Hours

15-day extension 0.300

$495

Extensions are subject to a maximum of 30 days. Thereafter, Locks will be subject to

worst case pricing.

Non-QM - All States $1,295

7-Day extension 0.15010-day extension 0.250 $795

Conventional

Extensions & Relocks Lender Fees

3-Day extension 0.075 $1,195

Jumbo and all *ARM Programs 8:30 AM - 3:00 PM

8:30 AM - 3:00 PM

Market Movement

Change

Government

ANNOUNCEMENTS

Lock Desk Info & Hours Approved States

Phone: (949) 771 - 0000

Pacific Time

Conv* /FHA* /VA* (excluding ARM) 7:30 AM - 4:30 PM

Effective Date: 3/11/20 9:59 AM

Wholesale Rate Sheet

(949) 771-0000

Product Guidelines Get Approved

http://www.bluepointmortgage.com/

https://bluepointmtg.com/loan-products/

https://bluepointmtg.com/broker-application/

RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY

4.750 (4.060) (3.935) 4.000 (4.064) (3.939) 5.250 (2.448) (2.323) 4.000 (0.905) (0.780)

4.625 (3.774) (3.649) 3.875 (3.646) (3.521) 5.125 (2.977) (2.852) 3.875 (0.532) (0.407)

4.500 (3.473) (3.348) 3.750 (3.214) (3.089) 5.000 (2.596) (2.471) 3.750 (0.137) (0.012)

4.375 (3.263) (3.138) 3.625 (3.169) (3.044) 4.875 (2.249) (2.124) 3.625 (0.351) (0.226)

4.250 (3.437) (3.312) 3.500 (2.741) (2.616) 4.750 (1.886) (1.761) 3.500 0.042 0.167

4.125 (2.720) (2.595) 3.375 (2.300) (2.175) 4.625 (2.499) (2.374) 3.375 0.464 0.589

4.000 (2.757) (2.632) 3.250 (1.845) (1.720) 4.500 (2.019) (1.894) 3.250 0.916 1.041

3.875 (2.477) (2.352) 3.125 (2.241) (2.116) 4.375 (1.658) (1.533) 3.125 0.504 0.629

3.750 (2.511) (2.386) 3.000 (1.782) (1.657) 4.250 (1.038) (0.913) 3.000 0.970 1.095

3.625 (2.960) (2.835) 2.875 (1.309) (1.184) 4.125 (0.861) (0.736) 2.875 1.453 1.578

3.500 (2.748) (2.623) 2.750 (0.825) (0.700) 4.000 (0.598) (0.473) 2.750 1.947 2.072

3.375 (2.121) (1.996) 2.625 (0.830) (0.705) 3.875 (0.772) (0.647) 2.625 1.955 2.080

3.250 (2.453) (2.328) 2.500 (0.332) (0.207) 3.750 (0.170) (0.045)

3.125 (2.151) (2.026) 2.375 0.172 0.297 3.625 (0.905) (0.780)

3.000 (1.900) (1.775) 2.250 0.681 0.806 3.500 (0.544) (0.419)

2.875 (1.492) (1.367) 3.375 (0.520) (0.395)

2.750 (0.949) (0.824) 3.250 0.201 0.326

All FHA Programs: FHA FICO Adjusters:

Loan Amount

RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY $75K <= $100K 1.000 720 + (0.625)

4.500 (3.312) (3.212) 4.500 (1.361) (1.261) >$100K <= $125K 0.375 700 - 719 (0.500)

4.375 (2.942) (2.842) 4.375 (1.086) (0.986) 3 - 4 Units 0.500 680 - 699 (0.250)

4.250 (2.579) (2.479) 4.250 (0.818) (0.718) Manufactured 1.500 660 - 679 (0.125)

4.125 (3.276) (3.176) 4.125 (1.213) (1.113) DTI > 55.00% 0.250 640 - 659 0.250

4.000 (2.915) (2.815) 4.000 (0.949) (0.849) 620 - 639 0.750

3.875 (2.565) (2.465) 3.875 (0.699) (0.599) 45 Days Lock 0.250 600 - 619 1.250

3.750 (2.210) (2.110) 3.750 (0.446) (0.346) 580 - 599 2.000

3.625 (2.666) (2.566) 3.625 (0.595) (0.495) 550 - 579 3.000

3.500 (2.315) (2.215) 3.500 (0.347) (0.247) FHA 203H 0.500 No FICO 2.000

3.375 (1.956) (1.856) 3.375 (0.092) 0.008

3.250 (1.584) (1.484) 3.250 0.172 0.272

3.125 (1.246) (1.146) 3.125 0.819 0.919

3.000 (0.879) (0.779) 3.000 1.075 1.175

2.875 (0.495) (0.395) 2.875 1.348 1.448

2.750 (0.090) 0.010 2.750 1.641 1.741

Max Final Price (5.000)


4.750 (3.685) (3.560) 4.500 (3.689) (3.564) 5.250 (2.073) (1.948) 4.125 (0.530) (0.405)

4.625 (3.399) (3.274) 4.375 (3.271) (3.146) 5.125 (2.602) (2.477) 4.000 (0.157) (0.032)

4.500 (3.098) (2.973) 4.250 (2.839) (2.714) 5.000 (2.221) (2.096) 3.875 0.238 0.363

4.375 (2.888) (2.763) 4.125 (2.794) (2.669) 4.875 (1.874) (1.749) 3.750 0.024 0.149

4.250 (3.062) (2.937) 4.000 (2.366) (2.241) 4.750 (1.511) (1.386) 3.625 0.417 0.542

4.125 (2.345) (2.220) 3.875 (1.925) (1.800) 4.625 (2.124) (1.999) 3.500 0.839 0.964

4.000 (2.382) (2.257) 3.750 (1.470) (1.345) 4.500 (1.644) (1.519) 3.375 1.291 1.416

3.875 (2.102) (1.977) 3.625 (1.866) (1.741) 4.375 (1.283) (1.158) 3.250 0.879 1.004

3.750 (2.136) (2.011) 3.500 (1.407) (1.282) 4.250 (0.663) (0.538) 3.125 1.345 1.470

3.625 (2.585) (2.460) 3.375 (0.934) (0.809) 4.125 (0.486) (0.361) 3.000 1.828 1.953

3.500 (2.373) (2.248) 3.250 (0.450) (0.325) 4.000 (0.223) (0.098) 2.875 2.322 2.447

3.375 (1.746) (1.621) 3.125 (0.455) (0.330) 3.875 (0.397) (0.272) 2.750 2.330 2.455

3.250 (2.078) (1.953) 3.000 0.043 0.168 3.750 0.205 0.330

3.125 (1.776) (1.651) 2.875 0.547 0.672 3.625 (0.530) (0.405)

3.000 (1.525) (1.400) 2.750 1.056 1.181 3.500 (0.169) (0.044)

2.875 (1.117) (0.992) 2.625 0.250 0.375 3.375 (0.145) (0.020)

2.750 (0.574) (0.449) 3.250 0.576 0.701

FHA Streamline Adjusters: FHA Streamline Adjusters:

Loan Amount

RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY $75K <=$100K 1.000 720 + (0.625)

4.500 (2.962) (2.837) 4.500 (1.011) (0.886) >$100K <=$125K 0.375 700 - 719 (0.500)

4.375 (2.592) (2.467) 4.375 (0.736) (0.611) 3 - 4 Units 0.500 680 - 699 (0.250)

4.250 (2.229) (2.104) 4.250 (0.468) (0.343) Manufactured 1.500 660 - 679 (0.125)

4.125 (2.926) (2.801) 4.125 (0.863) (0.738) Investment Property 0.250 640 - 659 0.250

4.000 (2.565) (2.440) 4.000 (0.599) (0.474) 620 - 639 0.750

3.875 (2.215) (2.090) 3.875 (0.349) (0.224) 45 Days Lock 0.250 600 - 619 1.250

3.750 (1.860) (1.735) 3.750 (0.096) 0.029 580 - 599 2.000

3.625 (2.316) (2.191) 3.625 (0.245) (0.120) 550 - 579 3.000

3.500 (1.965) (1.840) 3.500 0.003 0.128 No FICO 2.000

3.375 (1.606) (1.481) 3.375 0.258 0.383

3.250 (1.234) (1.109) 3.250 0.522 0.647

3.125 (0.896) (0.771) 3.125 1.169 1.294

3.000 (0.529) (0.404) 3.000 1.425 1.550

2.875 (0.145) (0.020) 2.875 1.698 1.823

2.750 0.260 0.385 2.750 1.991 2.116


F51SL F51HBSL

5/1- Caps: 1/1/5 Margin: 2.000 5/1- Caps: 1/1/5 Margin: 2.000




F30SL F15SL F30HBSL F15HBSL

5/1 FHA ARM Streamline 5/1 FHA High Balance ARM Streamline

FHA STREAMLINE PROGRAMS

30 Yr FHA Streamline 15 Yr FHA Streamline 30 Yr FHA High Balance Streamline 15 Yr FHA High Balance Streamline

5/1 FHA Standard 5/1 FHA High Balance ARM

F51 F51HB


FHA STANDARD PROGRAMS

30 Yr FHA Standard 15 Yr FHA Standard 30 Yr FHA Stand. High Balance 15 Yr FHA Stand. High Balance

F30 F15 F30HB F15HB




4.750 (3.857) (3.732) 4.000 (3.548) (3.423) 5.125 (2.332) (2.207) 4.000 (0.408) (0.283)

4.625 (3.537) (3.412) 3.875 (3.229) (3.104) 5.000 (2.079) (1.954) 3.875 (0.173) (0.048)

4.500 (3.365) (3.240) 3.750 (2.894) (2.769) 4.875 (1.919) (1.794) 3.750 0.080 0.205

4.375 (3.161) (3.036) 3.625 (2.545) (2.420) 4.750 (1.680) (1.555) 3.625 0.279 0.404

4.250 (2.712) (2.587) 3.500 (2.218) (2.093) 4.625 (1.625) (1.500) 3.500 0.525 0.650

4.125 (2.513) (2.388) 3.375 (1.885) (1.760) 4.500 (1.196) (1.071) 3.375 0.798 0.923

4.000 (2.318) (2.193) 3.250 (1.541) (1.416) 4.375 (1.039) (0.914) 3.250 1.099 1.224

3.875 (2.126) (2.001) 3.125 (1.626) (1.501) 4.250 (0.839) (0.714) 3.125 1.110 1.235

3.750 (2.114) (1.989) 3.000 (1.279) (1.154) 4.125 (0.222) (0.097) 3.000 1.428 1.553

3.625 (2.292) (2.167) 2.875 (0.916) (0.791) 4.000 (0.067) 0.058 2.875 1.763 1.888

3.500 (2.012) (1.887) 2.750 (0.538) (0.413) 3.875 0.073 0.198 2.750 2.110 2.235

3.375 (1.761) (1.636) 2.625 (0.190) (0.065) 3.750 0.050 0.175 2.625 2.545 2.670

3.250 (1.614) (1.489) 2.500 0.161 0.286 3.625 (0.246) (0.121)

3.125 (1.462) (1.337) 2.375 0.519 0.644 3.500 (0.020) 0.105

3.000 (0.968) (0.843) 2.250 0.882 1.007 3.375 0.143 0.268

2.875 (0.665) (0.540) 3.250 0.187 0.312

2.750 (0.257) (0.132)

All VA Programs: VA FICO Adjusters:

Loan Amount

RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY $75K <=$100K 1.000 720 + (0.375)

4.500 (3.136) (3.036) 4.500 (1.398) (1.298) >$100K <=$125K 0.375 700 - 719 (0.250)

4.375 (2.805) (2.705) 4.375 (1.067) (0.967) 3 - 4 Units 0.500 680 - 699 0.000

4.250 (2.479) (2.379) 4.250 (0.741) (0.641) Manufactured 1.500 660 - 679 *IMPROVED* 0.000

4.125 (3.065) (2.965) 4.125 (1.327) (1.227) DTI > 55.00% 0.250 640 - 659 0.500

4.000 (2.741) (2.641) 4.000 (1.003) (0.903) 620 - 639 *IMPROVED* 1.000

3.875 (2.426) (2.326) 3.875 (0.688) (0.588) 45 Days Lock 0.250 600 - 619 1.750

3.750 (2.097) (1.997) 3.750 (0.359) (0.259) 580 - 599 2.500

3.625 (2.436) (2.336) 3.625 (0.698) (0.598) 550 - 579 4.000

3.500 (2.121) (2.021) 3.500 (0.383) (0.283) No FICO 2.000

3.375 (1.800) (1.700) 3.375 (0.062) 0.038

3.250 (1.469) (1.369) 3.250 0.269 0.369

3.125 (0.998) (0.898) 3.125 0.740 0.840

3.000 (0.671) (0.571) 3.000 1.067 1.167

2.875 (0.326) (0.226) 2.875 1.412 1.512

2.750 0.033 0.133 2.750 1.771 1.871



4.750 (3.232) (3.107) 4.500 (3.298) (3.173) 5.375 (3.242) (3.117) 4.125 (0.158) (0.033)

4.625 (2.912) (2.787) 4.375 (2.979) (2.854) 5.250 (1.624) (1.499) 4.000 0.077 0.202

4.500 (2.740) (2.615) 4.250 (2.644) (2.519) 5.125 (1.707) (1.582) 3.875 0.330 0.455

4.375 (2.536) (2.411) 4.125 (2.295) (2.170) 5.000 (1.454) (1.329) 3.750 0.529 0.654

4.250 (2.087) (1.962) 4.000 (1.968) (1.843) 4.875 (1.294) (1.169) 3.625 0.775 0.900

4.125 (1.888) (1.763) 3.875 (1.635) (1.510) 4.750 (1.055) (0.930) 3.500 1.048 1.173

4.000 (1.693) (1.568) 3.750 (1.291) (1.166) 4.625 (1.000) (0.875) 3.375 1.349 1.474

3.875 (1.501) (1.376) 3.625 (1.376) (1.251) 4.500 (0.571) (0.446) 3.250 1.360 1.485

3.750 (1.489) (1.364) 3.500 (1.029) (0.904) 4.375 (0.414) (0.289) 3.125 1.678 1.803

3.625 (1.667) (1.542) 3.375 (0.666) (0.541) 4.250 (0.214) (0.089) 3.000 2.013 2.138

3.500 (1.387) (1.262) 3.250 (0.288) (0.163) 4.125 0.403 0.528 2.875 2.360 2.485

3.375 (1.136) (1.011) 3.125 0.060 0.185 4.000 0.558 0.683 2.750 2.795 2.920

3.250 (0.989) (0.864) 3.000 0.411 0.536 3.875 0.698 0.823

3.125 (0.837) (0.712) 2.875 0.769 0.894 3.750 0.675 0.800

3.000 (0.343) (0.218) 2.750 1.132 1.257 3.625 0.379 0.504

2.875 (0.040) 0.085 3.500 0.605 0.730

2.750 0.368 0.493

VA IRRRLS Adjusters: VA IRRRLS Adjusters:

Loan Amount 720+ (0.375)

RATE 15 DAY 30 DAY RATE 15 DAY 30 DAY $75K <=$100K 1.000 700 - 719 (0.250)

4.500 (2.886) (2.786) 4.500 (1.148) (1.048) >$100K <=$125K 0.375 660 - 679 *IMPROVED* 0.000

4.375 (2.555) (2.455) 4.375 (0.817) (0.717) 3 - 4 Units 0.500 640 - 659 0.500

4.250 (2.229) (2.129) 4.250 (0.491) (0.391) Manufactured 1.500 620 - 639 *IMPROVED* 1.000

4.125 (2.815) (2.715) 4.125 (1.077) (0.977) Investment Property 0.250 600 - 619 1.750

4.000 (2.491) (2.391) 4.000 (0.753) (0.653) 580 - 599 2.500

3.875 (2.176) (2.076) 3.875 (0.438) (0.338) 45 Days Lock 0.250 550 - 579 4.000

3.750 (1.847) (1.747) 3.750 (0.109) (0.009) No FICO 2.000 VA IRRRLS High balance:

3.625 (2.186) (2.086) 3.625 (0.448) (0.348) 720+ (0.375)

3.500 (1.871) (1.771) 3.500 (0.133) (0.033) 700 - 719 (0.250)

3.375 (1.550) (1.450) 3.375 0.188 0.288 660 - 679 *IMPROVED* 0.000

3.250 (1.219) (1.119) 3.250 0.519 0.619 640 - 659 0.500

3.125 (0.748) (0.648) 3.125 0.990 1.090 620 - 639 *IMPROVED* 1.000

3.000 (0.421) (0.321) 3.000 1.317 1.417 600 - 619 2.250

2.875 (0.076) 0.024 2.875 1.662 1.762 580 - 599 4.000

2.750 0.283 0.383 2.750 2.021 2.121





5/1 VA ARM IRRRL 5/1 VA High Balance ARM IRRRL

V51IR V51HBIR


VA STREAMLINE PROGRAMS

30 Yr VA IRRRL 15 Yr VA IRRRL 30 Yr VA High Balance IRRRL 15 Yr VA High Balance IRRRL

V30IR V15IR V30HBIR F15HBIR

5/1 VA Standard 5/1 VA High Balance ARM

V51 V51HB


30 Yr VA Standard 15 Yr VA Standard 30 Yr VA Stand. High Balance 15 Yr VA Stand. High Balance

V30 V15 V30HB V15HB



VA STANDARD PROGRAMS

RATE 15 Days 30 DAY RATE 15 Days 30 DAY RATE 15 Days 30 DAY RATE 15 DAY 30 DAY

4.750 (5.196) (5.071) 4.625 (5.446) (5.321) 4.375 (5.890) (5.765) 4.250 (5.278) (5.153)

4.625 (4.535) (4.410) 4.500 (4.957) (4.832) 4.250 (5.699) (5.574) 4.125 (5.186) (5.061)

4.500 (4.149) (4.024) 4.375 (4.604) (4.479) 4.125 (5.396) (5.271) 4.000 (4.919) (4.794)

4.375 (3.719) (3.594) 4.250 (4.322) (4.197) 4.000 (5.041) (4.916) 3.875 (4.574) (4.449)

4.250 (3.510) (3.385) 4.125 (4.345) (4.220) 3.875 (4.695) (4.570) 3.750 (4.268) (4.143)

4.125 (3.345) (3.220) 4.000 (4.179) (4.054) 3.750 (4.119) (3.994) 3.625 (4.179) (4.054)

4.000 (3.173) (3.048) 3.875 (3.865) (3.740) 3.625 (3.793) (3.668) 3.500 (3.888) (3.763)

3.875 (2.831) (2.706) 3.750 (3.448) (3.323) 3.500 (3.710) (3.585) 3.375 (3.635) (3.510)

3.750 (2.509) (2.384) 3.625 (3.229) (3.104) 3.375 (3.432) (3.307) 3.250 (3.288) (3.163)

3.625 (2.755) (2.630) 3.500 (2.881) (2.756) 3.250 (3.085) (2.960) 3.125 (2.914) (2.789)

3.500 (2.344) (2.219) 3.375 (2.505) (2.380) 3.125 (2.707) (2.582) 3.000 (2.445) (2.320)

3.375 (1.940) (1.815) 3.250 (1.959) (1.834) 3.000 (2.157) (2.032) 2.875 (1.945) (1.820)

3.250 (1.476) (1.351) 3.125 (1.360) (1.235) 2.875 (1.772) (1.647) 2.750 (1.605) (1.480)

3.125 (0.688) (0.563) 3.000 (0.530) (0.405) 2.750 (1.453) (1.328) 2.625 (1.175) (1.050)

3.000 (0.038) 0.087 2.625 (0.977) (0.852)

2.875 0.691 0.816 2.500 (0.504) (0.379)

2.750 1.629 1.754 2.375 0.126 0.251

RATE 15 Day 30 DAY RATE 15 Days 30 DAY

High Balance 30 Year Fixed High Balance 15 Year Fixed

FN30HB FN15HB

CONVENTIONAL FIXED PROGRAMS

Conforming 30/25 Year Fixed Conforming 20 Year Fixed Conforming 15Year Fixed Conforming 10 Year Fixed

FN30 FN20 FN15 FN10



5.125 (4.132) (4.007) 4.500 (4.415) (4.290)

5.000 (4.094) (3.969) 4.375 (4.234) (4.109)

4.875 (3.911) (3.786) 4.250 (4.100) (3.975)

4.750 (3.599) (3.474) 4.125 (3.895) (3.770)

4.625 (3.025) (2.900) 4.000 (3.675) (3.550)

4.500 (2.623) (2.498) 3.875 (3.436) (3.311)

4.375 (2.264) (2.139) 3.750 (3.087) (2.962)

4.250 (2.248) (2.123) 3.625 (2.801) (2.676)

4.125 (2.306) (2.181) 3.500 (2.760) (2.635)

4.000 (2.101) (1.976) 3.375 (2.522) (2.397)

3.875 (1.851) (1.726) 3.250 (2.226) (2.101)

3.750 (1.471) (1.346) 3.125 (1.904) (1.779)

3.625 (1.730) (1.605) 3.000 (1.409) (1.284)

3.500 (1.379) (1.254) 2.875 (1.044) (0.919)

3.375 (0.867) (0.742) 2.750 (0.658) (0.533)

3.250 (0.416) (0.291) 2.625 (0.039) 0.086

3.125 0.386 0.511


4.750 0.757 0.857 4.625 0.357 0.457 4.750 0.985 1.085 4.625 1.175 1.275

4.625 0.299 0.399 4.500 0.401 0.501 4.625 0.527 0.627 4.500 1.221 1.321

4.500 0.278 0.378 4.375 0.445 0.545 4.500 0.506 0.606 4.375 1.267 1.367

4.375 0.257 0.357 4.250 0.551 0.651 4.375 0.485 0.585 4.250 1.376 1.476

4.250 0.514 0.614 4.125 0.700 0.800 4.250 0.742 0.842 4.125 1.527 1.627

4.125 0.965 1.065 4.000 0.784 0.884 4.125 1.193 1.293 4.000 1.613 1.713

4.000 1.119 1.219 3.875 0.868 0.968 4.000 1.347 1.447 3.875 1.694 1.794

3.875 1.271 1.371 3.750 1.079 1.179 3.875 1.499 1.599 3.750 1.902 2.002

3.750 1.421 1.521 3.625 1.374 1.474 3.750 1.649 1.749 3.625 2.194 2.294

3.625 1.571 1.671 3.500 1.540 1.640 3.625 1.799 1.899 3.500 2.357 2.457

3.500 1.728 1.828 3.375 1.710 1.810 3.500 1.956 2.056 3.375 2.527 2.627

3.375 1.889 1.989 3.250 1.887 1.987 3.375 2.117 2.217 3.250 2.709 2.809

3.250 2.049 2.149 3.125 2.064 2.164 3.250 2.277 2.377 3.125 2.888 2.988

3.125 2.206 2.306 3.000 2.235 2.335 3.125 2.434 2.534 3.000 3.061 3.161

3.000 2.359 2.459 2.875 2.404 2.504 3.000 2.587 2.687 2.875 3.229 3.329

2.875 2.510 2.610 2.750 2.634 2.734 2.875 2.738 2.838 2.750 3.458 3.558

SEE PAGE 5 FOR CONVENTIONAL FIXED AND ARMS PRICE ADJUSTMENTS




FN71L FN51L FN71LHB FN51ILHB

7/1- Caps: 5/2/5 Margin: 2.25 5/1- Caps: 2/2/5 Margin: 2.25 7/1- Caps: 5/2/5 Margin: 2.25 5/1- Caps: 2/2/5 Margin: 2.25

Intentionally Left Blank Intentionally Left Blank

CONVENTIONAL ARM PROGRAMS

7/1 LIBOR ARM 5/1 LIBOR ARM 7/1 LIBOR HIGH-BAL ARM 5/1 LIBOR HIGH-BAL ARM

<=60 60.01-70 75.01-80 80.01-85 90.01-95 95.01-97

740+ 0.000 0.250 0.500 0.250 0.250 0.750

720-739 0.000 0.250 0.750 0.500 0.500 1.000

700-719 0.000 0.500 1.250 1.000 1.000 1.500

680-699 0.000 0.500 1.750 1.500 1.250 1.500

660-679 0.000 1.000 2.750 2.750 2.250 2.250

640-659 0.500 1.250 3.000 3.250 2.750 2.750

620-639 0.500 1.500 3.000 3.250 3.250 3.500

Additional Adjusters <=60 60.01-70 75.01-80 80.01-85 85.01-90 90.01-95 95.01-97

Condo (term > 15 years) 0.000 0.000 0.750 0.750 0.750 0.750

Inv. Property 2.125 2.125 3.375 4.125 N/A N/A

2 Unit Property 1.000 1.000 1.000 1.000 N/A N/A

3-4 Unit Property 1.000 1.000 N/A N/A N/A N/A

LA $50,000 - $75,000 1.500 1.500 1.500 1.500 1.500 1.500

LA > $75,000 - $100,000 0.750 0.750 0.750 0.750 0.750 0.750

LA > $100,000-Limit 0.000 0.000 0.000 0.000 0.000 0.000

Non-Escrowed Loans CA 0.150 0.150 0.150 0.150 N/A N/A

Non-Escrowed Loans All other States 0.250 0.250 0.250 N/A N/A N/A

Purch/Refi High Bal Fixed 0.250 0.250 0.250 0.250 0.250 N/A

Purch/Refi High Bal ARM 0.750 0.750 1.500 1.500 1.500 N/A

Manufactured Home 1.000 1.000 1.000 1.000 1.000 1.000

7-10 Properties 1.000 1.000 1.000 1.000 1.000 1.000

Subordinate Financing: All loan terms & programs

<=60 70.01-75 75.01-80

740+ 0.375 0.625 0.875

720-739 0.375 1.000 1.125 LTV CLTV <720 >=720

700-719 0.375 1.000 1.125 <= 65% 80.01% - 95% 0.500 0.250

680-699 0.375 1.125 1.750 65.01% - 75% 80.01% - 95% 0.750 0.500

660-679 0.625 1.125 1.875 75.01%-95% 90.01% - 95% 1.000 0.750

640-659 0.625 1.625 2.625 75.01%-90% 76.01% - 90% 1.000 0.750

620-639 0.625 1.625 3.125 <=95% 95.01% - 97% 1.500 1.500

C/O HB Fixed 1.000 1.000 1.000

C/O HB ARM 1.750 1.750 2.500

For LPMI please refer to the pricing engine

LTV > 80% FICO => 680 0.000

All other LTV and FICO 1.500

HomeReady Mortgage Caps LLPA Caps




1.625 N/A

1.000 N/AAll Mortgage where the CLTV exceeds theLTV 0.375

1.750 N/A

1.125 N/A

1.125 N/A

1.625 N/A

FICO0.625 N/A

1.000 N/A

1.000 N/A

1.000 1.000

Cash-Out Refi. FICO/LTV GRID: All loan terms & programs

60.01-70 >80LTV / CLTV

0.250 0.250

0.750 1.500

1.000 1.000

0.000 0.000

0.150 0.150

0.250 N/A

1.000 N/A

1.500 1.500

0.750 0.750

70.01-75

0.000 0.750

2.125 N/A

1.000 N/A

2.250 2.250

2.750 2.750

3.000 3.250

0.500 0.500

1.000 1.000

1.250 1.250

CONVENTIONAL PRICE ADJUSTMENTS

FICO / LTV GRID: Terms > 15 years

70.01-75 85.01-90

0.250 0.250




5.000 (5.373) (5.248) 4.500 (5.750) (5.625) 5.000 (4.244) (4.119) 4.500 (4.165) (4.040)

4.875 (5.157) (5.032) 4.375 (5.495) (5.370) 4.875 (3.990) (3.865) 4.375 (3.984) (3.859)

4.750 (4.852) (4.727) 4.250 (5.304) (5.179) 4.750 (3.636) (3.511) 4.250 (3.850) (3.725)

4.625 (4.399) (4.274) 4.125 (5.001) (4.876) 4.625 (2.685) (2.560) 4.125 (3.645) (3.520)

4.500 (3.909) (3.784) 4.000 (4.646) (4.521) 4.500 (2.564) (2.439) 4.000 (3.425) (3.300)

4.375 (3.508) (3.383) 3.875 (4.300) (4.175) 4.375 (2.114) (1.989) 3.875 (3.186) (3.061)

4.250 (3.227) (3.102) 3.750 (3.995) (3.870) 4.250 (2.137) (2.012) 3.750 (2.969) (2.844)

4.125 (2.898) (2.773) 3.625 (3.718) (3.593) 4.125 (1.941) (1.816) 3.625 (2.773) (2.648)

4.000 (2.770) (2.645) 3.500 (3.427) (3.302) 4.000 (1.881) (1.756) 3.500 (2.569) (2.444)

3.875 (2.417) (2.292) 3.375 (3.174) (3.049) 3.875 (1.506) (1.381) 3.375 (2.150) (2.025)

3.750 (2.053) (1.928) 3.250 (2.827) (2.702) 3.750 (1.123) (0.998) 3.250 (1.803) (1.678)

3.625 (2.255) (2.130) 3.125 (2.453) (2.328) 3.625 (1.198) (1.073) 3.125 (1.421) (1.296)

3.500 (1.810) (1.685) 3.000 (1.984) (1.859) 3.500 (0.799) (0.674) 3.000 (0.791) (0.666)

3.375 (1.475) (1.350) 2.875 (1.493) (1.368) 3.375 (0.402) (0.277) 2.875 (0.510) (0.385)

3.250 (1.029) (0.904) 2.750 (1.154) (1.029) 3.250 0.070 0.195 2.750 (0.212) (0.087)

3.125 (0.401) (0.276)


4.875 (4.785) (4.660) 4.875 (4.785) (4.660) 4.500 (5.218) (5.093) 4.500 (5.218) (5.093)

4.750 (4.431) (4.306) 4.750 (4.431) (4.306) 4.375 (5.015) (4.890) 4.375 (5.015) (4.890)

4.625 (3.480) (3.355) 4.625 (3.480) (3.355) 4.250 (4.667) (4.542) 4.250 (4.667) (4.542)

4.500 (3.359) (3.234) 4.500 (3.359) (3.234) 4.125 (4.274) (4.149) 4.125 (4.274) (4.149)

4.375 (2.909) (2.784) 4.375 (2.909) (2.784) 4.000 (4.042) (3.917) 4.000 (4.042) (3.917)

4.250 (2.932) (2.807) 4.250 (2.932) (2.807) 3.875 (3.661) (3.536) 3.875 (3.661) (3.536)

4.125 (2.736) (2.611) 4.125 (2.736) (2.611) 3.750 (3.499) (3.374) 3.750 (3.499) (3.374)

4.000 (2.676) (2.551) 4.000 (2.676) (2.551) 3.625 (3.124) (2.999) 3.625 (3.124) (2.999)

3.875 (2.301) (2.176) 3.875 (2.301) (2.176) 3.500 (3.247) (3.122) 3.500 (3.247) (3.122)

3.750 (1.918) (1.793) 3.750 (1.918) (1.793) 3.375 (2.945) (2.820) 3.375 (2.945) (2.820)

3.625 (1.993) (1.868) 3.625 (1.993) (1.868) 3.250 (2.598) (2.473) 3.250 (2.598) (2.473)

3.500 (1.594) (1.469) 3.500 (1.594) (1.469)

MAX PRICE (4.500)

<=60 60.01-70 75.01-80 85.01-90 90.01-95 95.01-97

740+ 0.000 0.250 0.500 0.250 0.250 0.750

720-739 0.000 0.250 0.750 0.500 0.500 1.000

700-719 0.000 0.500 1.250 1.000 1.000 1.500

680-699 0.000 0.500 1.750 1.250 1.250 1.500

660-679 0.000 1.000 2.750 2.250 2.250 2.250 Minimum Loan Amount $75,000

640-659 0.500 1.250 3.000 2.750 2.750 2.750

620-639 0.500 1.500 3.000 3.250 3.250 3.500

<=60 70.01-75 75.01-80 80.01-85

0.375 0.625 0.875 2.000

0.375 1.000 1.125 N/A

0.375 1.000 1.125 N/A

0.375 1.125 1.750 N/A

0.625 1.125 1.875 N/A

0.625 1.625 2.625 N/A

0.625 1.625 3.125 N/A

1.000 1.000 1.000 N/A

LTV <720 >=720

<= 75% 0.375 0.375

<= 65% 0.875 0.625

>65%-<=75% 1.125 0.875

LTV > 80% FICO => 680 0.000 > 75-<=95% 1.375 1.125

All other LTV and FICO 1.500

Caps do not apply to Loan Amount or Escrow

Waiver Adjustments .




<=80%

HomePossible LLPA Caps LLPA Caps>80% - <=95%

>80% - <=95%

<76% - 95%

Non-Escrowed Loans CA 0.150Subordinate Financing: All loan terms & programs

Non-Escrowed Loans Not CA 0.250

HighBal Purchases & No Cashout Refi 0.250 CLTV

Second Home and LTV > 85 0.250 Cash Out High Bal 1.000

LA > $75,000 - $ 100,000 0.750

3 - 4 Units & LTV > 80 and < = 85 1.500 640-659 1.625

3 - 4 Units & LTV > 85 2.000 620-639 1.625

2 Unit Property 1.000 680-699 1.125

3 - 4 Units & LTV < = 80 1.000 660-679 1.125

Inv. Property LTV > 75 and < = 80 3.375 720-739 1.000

Inv. Property LTV > 80 4.125 700-719 1.000

Attached Condo > 75 LTV & Term > 15 yrs 0.750 60.01-70

Inv. Property LTV < = 75 2.125 740+ 0.625

2.750 3.250

3.000 3.250

Additional Adjusters Cash-Out Refi. FICO/LTV GRID: All loan terms & programs

1.000 1.000

1.250 1.500

2.250 2.750

70.01-75 80.01-85

0.250 0.250 45 Day Lock

0.500 0.500 Add 0.25 to 30 Day Price

HP30 HP20 HP15 HP10

FREDDIE MAC PRICE ADJUSTMENTS

FICO / LTV GRID: Terms > 15 years

CFH30 CFH15 CFH30HB CFH15HB

FHLMC 30 / 25 Fixed HomePossible FHLMC 20 Fixed HomePossible FHLMC 15 Fixed HomePossible FHLMC 10 Fixed HomePossible

FREDDIE MAC PROGRAMS

FHLMC 30 Yr Fixed FHLMC 15 Yr Fixed FHLMC 30 Yr Fixed High Balance FHLMC 15 Yr Fixed High Balance



RATE 30 DAY 45 DAY RATE 30 DAY 45 DAY

4.875 (2.377) (2.252) 4.500 (2.966) (2.841)

4.750 (2.094) (1.969) 4.375 (2.811) (2.686)

4.625 (1.921) (1.796) 4.250 (2.530) (2.405)

4.500 (1.884) (1.759) 4.125 (2.221) (2.096)

4.375 (1.741) (1.616) 4.000 (2.091) (1.966)

4.250 (1.449) (1.324) 3.875 (1.750) (1.625)

4.125 (1.204) (1.079) 3.750 (1.363) (1.238)

4.000 (0.973) (0.848) 3.625 (0.945) (0.820)

3.875 (0.716) (0.591) 3.500 (0.456) (0.331)

RATE 30 DAY 45 DAY 30 DAY 45 DAY RATE 30 DAY 45 DAY

4.500 (1.944) (1.819) (1.472) (1.347) 4.500 (1.754) (1.629)

4.375 (1.673) (1.548) (1.156) (1.031) 4.375 (1.463) (1.338)

4.250 (1.401) (1.276) (0.841) (0.716) 4.250 (1.178) (1.053)

4.125 (1.133) (1.008) (0.533) (0.408) 4.125 (0.892) (0.767)

4.000 (0.861) (0.736) (0.215) (0.090) 4.000 (0.607) (0.482)

3.875 (0.440) (0.315) 0.103 0.228 3.875 (0.321) (0.196)

3.750 (0.016) 0.109 0.424 0.549 3.750 0.004 0.129

3.625 0.133 0.258 1.090 1.215 3.625 0.609 0.734

3.500 0.560 0.685 1.624 1.749

<=55 55.01-60 60.01-65 65.01-70 70.01-75 75.01-80 80.01-85 85.01-90

(0.500) (0.500) (0.500) (0.250) 0.125 0.375

(0.500) (0.375) (0.375) (0.125) 0.250 0.500

(0.500) (0.375) (0.250) 0.000 0.500 0.750

(0.500) (0.375) (0.250) 0.000 0.750 1.000

(0.375) (0.250) (0.125) 0.250 1.250 1.500

(0.375) (0.250) (0.125) 0.500 N/A N/A

(0.375) (0.375) (0.250) (0.250) 0.000 0.000

0.000 0.000 0.250 1.250 N/A N/A

0.750 0.750 1.000 1.250 N/A N/A

N/A N/A N/A N/A 0.750 1.000

0.500 0.500 1.000 1.500 N/A N/A

Prestige Extension Options Price Adj *** Prestige Products Are Not Available For Texas Properties ***

7 Days 0.150

15 Days 0.300

Interest Only 1.000 N/A




Investment 1.000 N/A

> 80 LTV NO MI N/A N/A

Purchase (0.250) (0.250)

Cash Out Refinance 0.750 N/A

700 - 719 0.000 0.625

680 - 699 0.000 0.875

740 - 759 (0.250) 0.250

720 - 739 (0.250) 0.500

LTV/CLTV/HCLTV

> = 780 (0.375) 0.000

760 - 779 (0.375) 0.125

Max Net Rebate 101.25

Margin: 2.25 Caps: 2/2/5 Margin: 2.25 Caps: 5/2/5 Margin: 2.25 Caps: 5/2/5

Libor 1 Year Libor 1 Year Libor 1 Year

3.875

3.750

3.625

3.500

Max Net Rebate 101.25 Max Net Rebate 101.25

RATE

4.500

4.375

4.250

4.125

4.000

Prestige Jumbo 5/1 LIBOR ARM Prestige Jumbo 10/1 LIBOR ARM Prestige Jumbo 7/1 LIBOR ARM

JA51 JA101 JA71

Intentionally Left Blank

Max Net Rebate 101.25 Max Net Rebate 101.25

Prestige Jumbo - Minimum Loan Amount $1.00 above Agency Limit

Prestige Jumbo 30 Yr Fixed Prestige Jumbo 15 Yr Fixed

JF30 JF15



6.250 106.584 106.384 106.209 Lock Period Price Adj

6.125 106.459 106.259 106.084 30 Days 0.000

6.000 106.334 106.134 105.959 45 Days 0.150

5.875 106.209 106.009 105.834 60 Days 0.300

5.750 106.084 105.884 105.709

5.625 105.865 105.665 105.490 Prepayment >=36 Months 0.000

5.500 105.646 105.446 105.271 Penalty 24 Months 0.250

5.375 105.427 105.227 105.052 Investor Only 12 Months 0.500

5.250 105.209 105.009 104.834 No Penalty 1.000

5.125 104.959 104.759 104.584

5.000 104.709 104.509 104.334

4.875 104.459 104.259 104.084

4.750 104.209 104.009 103.834

4.625 103.927 103.727 103.521

4.500 103.646 103.446 103.209

4.375 103.334 103.134 102.896

4.250 103.021 102.821 102.584

4.125 102.709 102.509 102.240

4.000 102.396 102.196 101.896

3.875 102.084 101.884 101.552

3.750 101.771 101.571 101.209

3.625 101.427 101.227 100.834 Tier 1 AL, AR, GA, IN, IA, KY, SC, TN, UT, WA

3.500 101.084 100.884 100.459 Tier 2 AZ, CA, CO, DE, FL, IL, MI, MN, NV, OH, OR, PA, TX, VA

3.375 100.740 100.540 100.052 Tier 3 DC, MD, MT, NJ

3.250 100.396 100.196 99.646

3.125 100.021 99.759 99.146

3.000 99.646 99.321 98.646

2.875 99.146 98.821 98.146 Fixed Terms

2.750 98.646 98.321 97.646 5/1 ARM

7/1 ARM

<= 50 50.01 - 55 60.01 - 65 65.01 - 70 75.01 - 80 80.01 - 85 85.01 - 90

-0.500 -0.375 -0.125 0.000 0.375 1.125 1.750

-0.375 -0.250 -0.125 0.000 0.375 1.125 1.750

-0.250 -0.125 0.000 0.125 0.625 1.500 1.875

-0.125 0.000 0.125 0.250 0.875 1.750 2.125

0.000 0.125 0.375 0.875 1.500 2.250 2.750

0.000 0.125 0.625 1.250 2.250 2.875 3.375

0.500 0.625 1.000 1.625 2.750 N/A N/A

-0.250 0.000 0.250 0.625 1.500 2.375 N/A

-0.125 0.000 0.250 0.625 1.500 2.375 N/A

0.000 0.125 0.375 1.000 1.875 2.625 N/A

0.125 0.250 0.500 1.375 2.125 3.000 N/A

0.250 0.375 0.875 1.625 2.500 3.500 N/A

0.375 0.500 1.250 1.625 3.125 4.000 N/A

0.625 0.750 1.375 2.250 N/A N/A N/A

0.000 0.000 0.000 0.250 0.625 N/A N/A

<= 50 50.01 - 55 60.01 - 65 65.01 - 70 75.01 - 80 80.01 - 85 85.01 - 90

DTI 0.125 0.125 0.125 0.125 0.125 0.125 0.125

0.625 0.625 0.625 0.625 0.750 0.750 0.875

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.125 0.375 0.375 0.500

0.000 0.000 0.125 0.250 0.500 N/A N/A

0.125 0.125 0.125 0.250 0.500 N/A N/A

Purpose 0.375 0.375 0.500 0.750 1.000 N/A N/A

0.125 0.125 0.250 0.375 N/A N/A N/A

0.500 0.500 0.500 0.625 N/A N/A N/A

0.250 0.250 0.500 0.500 0.500 N/A N/A

0.250 0.250 0.250 0.250 0.375 N/A N/A

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.125 0.125 0.125 0.125 0.125 0.250 0.250

Amortization 0.250 0.250 0.250 0.250 0.500 N/A N/AInterest Only 0.250 0.375




State

Tier 1 0.000 0.000

Tier 2 0.000 0.000

Tier 3 0.125 0.125

Property TypeCondo 0.250 0.500

2 Units 0.250 0.250

Cash - Out Refinance 0.375 1.000

Occupancy2nd Home 0.125 0.750

Investor 0.500 1.000

$ 1,500,001 - $2,000,000 0.000 0.375

$ 2,000,001 - $2,500,000 0.125 0.375

Loan Balance

< $ 250,000 0.625 0.750

$250,000 - $750,000 0.000 0.000

$ 1,000,001 - $1,500,000 0.000 0.250

* Additive to 24 Mo Bank statement Adjustment

Price Adjustments

55.01 - 60 70.01 - 75

> 43% 0.125 0.125

660 - 679 0.875 3.250

12 Mo Bank Statement * 0.000 0.500

700 - 719 0.375 2.000

680 - 699 0.500 2.500

1.000

740 - 759 0.125 1.500

720 - 739 0.250 1.625

1.750

660 - 679 0.750 2.250

24 Mo Bank Statement

780+ 0.000 1.000

760-0779 0.000

1099 ( 2 years ) 720 - 739 0.000 0.625

700 - 719 0.125 1.125

680 - 699 0.250

FullDoc (2 Years)

780+ -0.250 0.250

760-0779 -0.250 0.250

740 - 759 -0.125 0.375

98.321 1 YR LIBOR - 3.5% Margin/Floor - 2/2/5 Caps

1 YR LIBOR - 3.5% Margin/Floor - 5/2/5 Caps

Price Adjustments

Fico 55.01 - 60 70.01 - 75

100.196

99.759

99.321 Term

98.821 40 Year Fixed (IO Only), 30 Year Fixed, & 15 Year Fixed

101.884

101.571 State Tiers

101.227

100.884

100.540

103.134 Min FICO 660

102.821

102.509

102.196

104.009 Program Restrictions

103.727 Housing 0x30x12

103.446 Credit Event ( BK/FC/SS/DIL) 48 mo

105.446

105.227

105.009

104.759

104.509

104.259

106.384

106.259

106.134

106.009

105.884

105.665


(877) 267-1056

Leverage Elite Program

Rate 5/1 ARM 7/1 ARM 15 YR FIX 30 YR FIX


100.00 Rates - 5 / 1 LIBOR ARM55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

3.850% 3.950% 4.100% 4.150% 4.900% 6.150%

3.900% 4.000% 4.150% 4.250% 5.000% 6.250%

3.950% 4.100% 4.200% 4.300% 5.100% 6.300%

4.000% 4.150% 4.250% 4.350% 5.200% 6.400%

4.050% 4.300% 4.400% 4.450% 5.600% N/A

4.150% 4.500% 4.650% 4.800% 5.950% N/A

4.350% 4.550% 4.850% 4.950% 6.750% N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

FICO >= 700 0.300 0.400 0.500 0.600 N/A N/A

FICO < 700 0.300 0.400 0.500 0.600 N/A N/A

FICO >= 700 0.100 0.300 0.300 0.400 0.600 N/A

FICO < 700 0.200 0.300 0.400 0.600 0.600 N/A

FICO >= 700 0.300 0.700 0.800 0.800 N/A N/A

FICO < 700 0.400 0.700 0.800 0.800 N/A N/A

0.250 0.350 0.350 0.350 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.000 0.000 0.000 0.000 0.150 0.150

0.000 0.150 0.150 0.150 0.250 N/A

0.150 0.150 0.250 0.250 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.750 0.850 0.850 0.950 1.050 N/A

0.000 0.000 0.000 0.000 0.000 0.000

(0.050) (0.050) (0.050) (0.050) (0.050) 0.130

0.000 0.000 0.000 0.000 0.150 0.250

0.200 0.200 0.200 0.300 N/A N/A

0.300 0.300 0.300 0.400 N/A N/A

0.400 0.400 0.400 0.500 N/A N/A

1.000 1.000 N/A N/A N/A N/A

1.250 1.250 N/A N/A N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.000 0.000 0.000 0.000 0.000 N/A

0.300 0.400 0.600 0.600 N/A N/A

0.300 0.400 0.500 0.500 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.400 0.500 0.500 0.500 N/A N/A

0.150 0.250 0.500 0.700 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.350 0.350 0.350 0.350 NA NA

0.000 0.150 0.150 0.250 N/A N/A

0.250 0.400 0.400 0.400 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000

0.100 0.100 0.100 0.100 0.200 0.200

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.000 0.150 0.150 0.150 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90 90.01 - 95

0.000 (0.100) (0.150) (0.200) N/A N/A

0.000 (0.100) (0.150) (0.150) N/A N/A

0.000 0.000 0.000 0.000 N/A N/A

0.250 0.250 0.250 0.250 N/A N/A

0.500 0.500 0.500 0.500 N/A N/A

7 /1 ARM 0.000 40 Year Fixed (IO Only), 30 Year & 15 Year Fixed Housing 0x30x12

15 Yrs 0.000 1 YR LIBOR - 3.5 % Margin/Floor - 2/2/5 Caps Credit Event (BK/FC/SS/DIL) 48 mo

30 Yrs 0.300 1 YR LIBOR - 3.5 % Margin/Floor - 5/2/5 Caps Min FICO 660

40yr (IO Only) 0.300

Lock Period Price Adj

30 Days 0.000 Loan Amount: <=$2,000,000 > $3,000,000

45 Days 0.150 Max Price: (1.50) 0.50

60 Days 0.300 Min Price: 1.50 1.50

Buyup/Buydown: 2:1 2:1

State Tiers

Tier 1 AL, AR, GA, IN, IA, KY, SC, TN, UT, WA

Tier 2 AZ, CA, CO, DE, FL, IL, MI, MN, NV, OH, OR, PA, TX, VA

Tier 3 DC, MD, MT, NJ

2:1




Max Prices and Price Adjustments Misc Notes

$2,000,001 - $3,000,000 No Cashout TX

(0.50)

1.50

Loan Term Rate Adj Term Program Restrictions

Fixed Terms

5/1 LIBOR ARM

7/1 LIBOR ARM

24 Months 0.250 0.250 N/A

12 Months 0.500 0.500 N/A

48 Months 0.000 (0.050) N/A

36 Months 0.000 0.000 N/A

Prepayment Penalty Period ( Investor Only ) <= 55 60.01 - 65 80.01 - 85

60 Months 0.000 (0.050) N/A

Amortization <= 55 60.01 - 65 80.01 - 85

Interest Only 0.000 0.000 0.250

Tier 2 0.000 0.000 0.000

Tier 3 0.100 0.100 0.100

State <= 55 60.01 - 65 80.01 - 85

Tier 1 0.000 0.000 0.000

Condo 0.000 0.150 0.250

Non - Warrantable Condo 0.250 0.250 N/A

Property Type <= 55 60.01 - 65 80.01 - 85

2 - 4 Unit 0.350 0.350 0.600

2nd Home 0.400 0.400 0.500

Investor 0.150 0.150 N/A

Debt Consolidation 0.300 0.300 0.500

Occupancy <= 55 60.01 - 65 80.01 - 85

Rate / Term Refinance 0.000 0.000 0.000

Cash - Out Refinance 0.300 0.300 0.700

$4,000,001 - $5,000,000 1.250 1.250 N/A

Loan Purpose <= 55 60.01 - 65 80.01 - 85

$2,500,001 - $3,000,000 0.400 0.400 N/A

$3,000,001 - $4,000,000 1.000 1.000 N/A

$1,500,001 - $2,000,000 0.200 0.200 0.300

$2,000,001 - $2,500,000 0.300 0.300 0.400

$750,001 - $1,000,000 (0.050) (0.050) (0.050)

$1,000,001 - $1,500,000 0.000 0.000 0.150

$150,000 - $249,000 0.750 0.750 1.000

$250,000 - $750,000 0.000 0.000 0.000

> 50% 0.150 0.150 0.350

Total Loan Amount <= 55 60.01 - 65 80.01 - 85

36.01% - 43% 0.000 0.000 0.000

43.01% - 50% 0.000 0.100 0.250

Asset Utilization / VOE 0.250 0.250 N/A

DTI <= 55 60.01 - 65 80.01 - 85

12 Mo BKST / 12 Mo P&L0.300 0.300 0.900

0.400 0.500 0.900

24 Mo BKST / 24 Mo P&L0.100 0.100 0.600

0.200 0.250 0.600

12 Mo Full Doc / 12 Mo 10990.300 0.350 0.650

0.300 0.350 0.650

660 - 679 4.300% 4.450% 5.850%

Rate Adjustments

Doc Type <= 55 60.01 - 65 80.01 - 85

700 - 719 4.000% 4.150% 4.850%

680 - 699 4.100% 4.300% 5.200%

740 - 759 3.900% 4.000% 4.500%

720 - 739 3.950% 4.050% 4.550%

780+ 3.800% 3.900% 4.350%

760 - 779 3.850% 3.950% 4.400%


(877) 267-1056

Leverage Prime - 660 Minimum FICO, No Mortgage Lates

FICO <= 55 60.01 - 65 80.01 - 85


100.00 Rates - 5 / 1 LIBOR ARM55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

4.350% 4.500% 4.650% 4.900% 5.800%

4.400% 4.600% 4.800% 5.050% 6.150%

4.450% 4.800% 5.050% 5.250% 6.700%

4.600% 4.850% 5.100% 5.450% N/A

4.750% 4.950% 5.300% 5.750% N/A

4.850% 5.550% 5.800% 6.250% N/A

5.400% 5.800% 6.300% 6.800% N/A

5.700% 6.300% 6.650% 7.200% N/A

6.150% 6.700% 7.100% N/A N/A

6.250% 6.800% 7.200% N/A N/A

6.350% 6.900% 7.300% N/A N/A

6.400% 6.950% 7.400% N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

0.000 0.000 0.000 0.000 0.000

0.200 0.200 0.200 0.200 N/A

0.400 0.400 0.400 0.400 N/A

1.000 1.000 N/A N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

0.300 0.400 0.500 0.600 N/A

0.300 0.400 0.500 0.600 N/A

0.400 0.500 0.700 0.700 N/A

0.200 0.300 0.400 0.400 0.500

0.200 0.300 0.400 0.500 N/A

0.400 0.500 0.700 0.700 N/A

0.500 0.600 0.600 0.600 N/A

0.400 0.600 0.750 0.750 N/A

0.500 0.900 1.000 1.000 N/A

0.500 0.900 1.000 1.000 N/A

0.250 0.250 0.250 0.250 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

43.01% - 50% 0.000 0.150 0.150 0.150 0.25

0.000 0.150 0.150 0.150 0.25

> 50% 0.150 0.150 0.250 0.250 N/A

0.150 0.150 0.250 0.250 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

1.350 1.350 1.500 1.600 N/A

0.750 0.850 0.850 0.850 1.000

0.000 0.000 0.000 0.000 0.000

(0.100) (0.100) (0.100) 0.000 0.000

0.000 0.000 0.000 0.200 0.200

0.200 0.200 0.200 0.300 N/A

0.300 0.300 0.300 0.400 N/A

0.400 0.400 0.400 0.500 N/A

1.100 1.100 N/A N/A N/A

1.350 1.350 N/A N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

Cash-Out 0.300 0.400 0.500 0.500 N/A

0.300 0.500 0.600 0.600 N/A

Debt- 0.300 0.400 0.500 0.500 N/A

Consolidation 0.300 0.400 0.500 0.500 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

0.400 0.500 0.500 0.500 N/A

0.150 0.250 0.400 0.600 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

0.250 0.250 0.250 0.250 N/A

0.000 0.000 0.150 0.150 N/A

0.400 0.400 0.400 0.400 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000

0.150 0.150 0.150 0.150 0.200

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

0.000 0.150 0.150 0.150 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80 85.01 - 90

(0.100) (0.200) (0.200) (0.200) N/A

(0.100) (0.150) (0.150) (0.150) N/A

0.000 0.000 0.000 0.000 N/A

0.250 0.250 0.250 0.250 N/A

0.500 0.500 0.500 0.500 N/A


30 Days 0.000

45 Days 0.150

State Tiers 60 Days 0.300

Tier 1 AL, AR, GA, IN, IA, KY, SC, TN, UT, WA

Tier 2 AZ, CA, CO, DE, FL, IL, MI, MN, NV, OH, OR, PA, TX, VA Misc Notes

Tier 3 DC, MD, MT, NJ No Cashout TX

Loan Amount: <=$2,000,000 > $3,000,000 7 /1 ARM 0.000

Max Price: (1.50) 0.50 15 Yrs 0.000

Min Price: 1.50 1.50 30 Yrs 0.300

Buyup/Buydown: 2:1 2:1 40yr (IO Only) 0.300




5/1 LIBOR ARM1 YR LIBOR - 4.0 %

Margin/Floor - 2/2/5 Caps

1 YR LIBOR - 4.0 %


1 YR LIBOR - 5.0 %


1 YR LIBOR - 5.0 %


7/1 LIBOR ARM1 YR LIBOR - 4.0 %


1 YR LIBOR - 4.0 %


1 YR LIBOR - 5.0 %


1 YR LIBOR - 5.0 %


Min FICO 500 500 500 500

Fixed Terms 30 Year Fixed & 15 Year Fixed30 Year Fixed & 15 Year

Fixed

30 Year Fixed & 15 Year

Fixed30 Year Fixed & 15 Year Fixed

Foreclosure 24 mo 24 mo 12 mo Settled

Short Sale/DIL 24 mo 24 mo Settled Settled

BK (Chap 13 Discharge) 12 mo Settled Settled Settled

BK (Other) 24 mo 24 mo 12 mo Settled

B B- C

Housing 1x30x12 0x60x12 0x90x12 1x120x12

$2,000,001 - $3,000,000

(0.50)

1.50

2:1

Grade A

12 Months 0.500 0.500 N/A

Max Prices and Price Adjustments Loan Term Rate Adj

36 Months 0.000 0.000 N/A

24 Months 0.250 0.250 N/A

60 Months (0.050) (0.150) N/A

48 Months (0.050) (0.150) N/A

Interest Only 0.000 0.000 0.250

Prepayment Penalty Period ( Investor Only ) <= 55 60.01 - 65 80.01 - 85

Tier 3 0.150 0.150 0.150

Amortization <= 55 60.01 - 65 80.01 - 85

Tier 1 0.000 0.000 0.000

Tier 2 0.000 0.000 0.000

Non - Warrantable Condo 0.400 0.400 N/A

State <= 55 60.01 - 65 80.01 - 85

2 - 4 Unit 0.250 0.250 N/A

Condo 0.000 0.000 N/A

Investor 0.150 0.150 N/A

Property Type <= 55 60.01 - 65 80.01 - 85

Occupancy <= 55 60.01 - 65 80.01 - 85

2nd Home 0.400 0.400 N/A

A Grade 0.300 0.300 0.500

B, B- , C Grades 0.300 0.300 0.500

A Grade 0.300 0.300 0.600

B, B- , C Grades 0.300 0.400 N/A

$4,000,001 - $5,000,000 1.350 1.350 N/A

Loan Purpose <= 55 60.01 - 65 80.01 - 85

$2,500,001 - $3,000,000 0.400 0.400 N/A

$3,000,001 - $4,000,000 1.100 1.100 N/A

$1,500,001 - $2,000,000 0.200 0.200 0.300

$2,000,001 - $2,500,000 0.300 0.300 N/A

$750,001 - $1,000,000 (0.100) (0.100) 0.000

$1,000,001 - $1,500,000 0.000 0.000 0.200

$150,000 - $249,999 0.750 0.750 1.000

$250,000 - $750,000 0.000 0.000 0.000

Total Loan Amount <= 55 60.01 - 65 80.01 - 85

< $150,000 1.350 1.350 N/A

A Grade 0.150 0.150 N/A

B, B- , C Grades 0.150 0.150 N/A

A Grade 0.000 0.100 0.250

B, B- , C Grades 0.000 0.100 0.250

Asset Utilization / VOE 0.250 0.250 N/A

DTI <= 55 60.01 - 65 80.01 - 85

0.500 0.600 1.000

FICO < 680 0.500 0.600 1.000

FICO < 620 0.500 0.500 N/A

12 Mo BKST / 12

Mo P&L

FICO >= 720 0.400 0.400 1.000

FICO 680 - 719

0.300 0.500

FICO 620 - 679 0.300 0.500 0.700

0.400 0.500 0.700

24 Mo BKST / 24

M0 P&L

FICO >= 720 0.200 0.300 0.400

FICO 680 - 719 0.200

12 Mo Full Doc /

12 Mo 1099

FICO >= 720 0.300 0.400 0.600

FICO 680 - 719 0.300 0.400 0.600

FICO < 680

C 1.000 1.000 N/A

Doc Type <= 55 60.01 - 65 80.01 - 85

B 0.200 0.200 0.200

B- 0.400 0.400 0.400

Rate Adjustments

Grade <= 55 60.01 - 65 80.01 - 85

A 0.000 0.000 0.000

520 - 539 6.200% 6.600% N/A

500 - 519 6.300% 6.650% N/A

560 - 579 6.100% 6.300% N/A

540 - 559 6.150% 6.350% N/A

600 - 619 5.350% 5.450% N/A

580 - 599 5.600% 5.800% N/A

640 - 659 4.700% 4.800% 6.400%

620 - 639 4.800% 5.050% 6.800%

680 - 699 4.400% 4.550% 5.950%

660 - 679 4.550% 4.700% 6.300%

720+ 4.300% 4.400% 5.500%

700 - 719 4.350% 4.500% 5.600%


(877) 267-1056

Leverage Lite

FICO <= 55 60.01 - 65 80.01 - 85


100.00 Rates - 5 / 1 LIBOR ARM55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

4.775% 4.975% 5.275% 6.325%

4.875% 5.125% 5.775% 6.725%

5.025% 5.375% 6.375% 6.925%

5.225% 5.475% 6.625% N/A

5.325% 5.725% 6.925% N/A

5.625% 5.975% 7.125% N/A

6.725% 7.075% N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

(0.150) (0.250) (0.250) (0.250)

0.000 0.000 0.000 0.000

0.150 0.250 0.250 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

0.100 0.100 0.100 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

1.500 1.500 N/A N/A

1.000 1.000 1.000 1.000

0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000

0.000 0.100 0.100 N/A

0.100 0.200 0.200 N/A

0.500 N/A N/A N/A

0.750 N/A N/A N/A

1.000 N/A N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

0.200 0.350 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

0.250 0.400 N/A N/A

0.150 0.150 N/A N/A

0.250 0.250 N/A N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

0.000 (0.100) (0.100) (0.100)

0.000 0.000 0.000 0.000

0.150 0.150 0.250 0.250

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

0.250 0.250 0.250 N/A

55.01 - 60 65.01 - 70 70.01 - 75 75.01 - 80

(0.100) (0.300) (0.300) (0.400)

(0.100) (0.150) (0.150) (0.150)

0.000 0.000 0.000 0.000

0.350 0.350 0.350 0.350

0.600 0.600 0.600 0.600

Loan Term Rate Adj

3/1 LIBOR 0.00 Prepay Penalty <=$2,000,000$2,000,001 - $3,000,000> $3,000,000

7/1 LIBOR 0.00 >=36 Mo Penalty (2.00) (1.00) 0.00

15 Yr 0.00 24 Mo Penalty (2.00) (1.00) 0.00

30 Yr 0.30 12 Mo Penalty (1.00) 0.00 0.25

No Penalty 0.00 0.50 1.00


30 Days 0.000 State Tiers

45 Days 0.150 Tier 1 AL, AR, GA, IN, IA, KY, SC, TN, UT, WA

60 Days 0.300 Tier 2 AZ, CA, CO, DE, FL, IL, MI, MN, NV, OH, OR, PA, TX, VA

Tier 3 DC, MD, MT, NJ

Misc Notes

No Cashout TX3/1 LIBOR ARM: • 12 mo LIBOR • 2/2/5 Caps • Floor = Note Margin • Note Margin: 6%

5/1 LIBOR ARM: • 12 mo LIBOR • 2/2/5 Caps • Floor = Note Margin • Note Margin: 6%

7/1 LIBOR ARM: • 12 mo LIBOR • 5/2/5 Caps • Floor = Note Margin • Note Margin: 6%

BU/BD 2:1

Min Price 1.50 • Housing: 0x30x12 • BK-Chap 13: 12 mo • BK-Other: 36 mo • Foreclosure: 36 mo • Short Sale/DIL: 24 mo




Max Prices and Price Adjustments

ARMs

Eligibility

24 Months 0.350 0.350

12 Months 0.600 0.600

48 Months (0.100) (0.150)

36 Months 0.000 0.000

Penalty Term <= 55 60.01 - 65

60 Months (0.100) (0.200)

Amortization <= 55 60.01 - 65

Interest Only 0.250 0.250

Tier 2 0.000 0.000

Tier 3 0.150 0.150

State <= 55 60.01 - 65

Tier 1 0.000 (0.100)

Condo 0.150 0.150

Non - Warrantable Condo 0.250 0.250

Property Type <= 55 60.01 - 65

2 - 4 Unit 0.250 0.250

Loan Purpose <= 55 60.01 - 65

Cash-Out 0.200 0.250

$3,000,001 - $4,000,000 0.750 N/A

$4,000,001 - $5,000,000 1.000 N/A

$1,500,001 - $2,000,000 0.100 0.100

$2,000,001 - $3,000,000 0.500 0.500

$750,001 - $1,000,000 0.000 0.000

$1,000,001 - $1,500,000 0.000 0.000

$100,000 - $249,999 1.000 1.000

$250,000 - $750,000 0.000 0.000

Total Loan Amount <= 55 60.01 - 65

< $ 100,000 1.500 1.500

Reserves <= 55 60.01 - 65

< 2 Months 0.100 0.100

1.00 - 1.24 0.000 0.000

< 1.00 0.150 0.200

Rate Adjustments

DSCR <= 55 60.01 - 65

> = 1.25 (0.150) (0.250)

640 - 659 5.375% 5.775%

620 - 639 6.475% 6.875%

680 - 699 5.075% 5.275%

660 - 679 5.275% 5.375%

720 - 739 4.675% 4.975%

700 - 719 4.975% 5.075%

Leverage Investor DSCR

36 Mo Prepayment PenaltyFICO <= 55 60.01 - 65

740+ 4.575% 4.875%



(877) 267-1056

100.00 Rates - 12 Mo IO Balloon60.01 - 65 70.01 - 75 75.00 - 80

5.950% 6.825% 7.450%

6.075% 6.950% 7.575%

6.325% 7.325% 7.950%

6.700% 8.075% NA

60.01 - 65 70.01 - 75 75.00 - 80

-0.250 -0.250 -0.250

0.000 0.000 0.000

0.125 0.375 NA

0.250 0.750 NA

60.01 - 65 70.01 - 75 75.00 - 80

0.500 0.750 -0.250

0.000 0.000 0.000

0.000 0.125 NA

0.375 NA NA

NA NA NA

60.01 - 65 70.01 - 75 75.00 - 80

0.125 NA NA

0.250 NA NA

60.01 - 65 70.01 - 75 75.00 - 80

0.125 0.375 NA

0.250 NA NA

0.125 0.375 0.375

60.01 - 65 70.01 - 75 75.00 - 80

-0.125 -0.250 -0.375

-0.125 -0.125 -0.125

0.000 0.000 0.375

0.000 0.250 0.375

State Tiers Lock Period Price Adj

Tier 1 AL, AR, GA, IN, IA, KY, SC, TN, UT, WA 30 Days 0.000

Tier 2 AZ, CA, CO, DE, FL, IL, MI, MN, NV, OH, OR, PA, TX, VA 45 Days 0.150

Tier 3 DC, MD, MT, NJ 60 Days 0.300

• Housing: 0x30x12 • BK-Chap 13: 12 mo • BK-Other: 36 mo • Foreclosure: 36 mo • Short Sale/DIL: 24 mo

Eligibility




Tier 2 0.000 0.000

Tier 3 0.000 0.125

CA & TX 0.000 -0.125

Tier 1 0.000 -0.125

2 - 4 Unit 0.000 0.250

State <= 60 65.01 - 70

Condo 0.000 0.250

Non - Warrantable Condo 0.125 0.500

Cash Out Refinance 0.125 0.750

Property Type <= 60 65.01 - 70

Purpose <= 60 65.01 - 70

Rate & Term Refinance 0.000 0.250

$2,000,001 - $3,000,000 0.250 NA

$3,000,001 - $4,000,000 0.500 NA

$100,000 - $1,000,000 0.000 0.000

$1,000,001 - $2,000,000 0.000 0.000

Loan Balance <= 60 65.01 - 70

< $100,000 0.250 0.750

1.00 - 1.24 0.000 0.250

< 1.0 0.000 0.375

>= 1.5 -0.250 -0.250

1.25 - 1.49 0.000 0.000

620 - 659 6.200% 7.075%

Rate Adjustments

DSCR <= 60 65.01 - 70

700 - 739 5.575% 6.325%

660 - 699 5.950% 6.575%

Leverage Investor Short Term DSCR

Prepayment Penalty Not EligibleFICO <= 60 65.01 - 70

740+ 5.450% 6.200%



(877) 267-1056

Market Movement - Bluepoint Mortgage€¦ · Conventional MAX prices Conventional / Government Turn...

Documents

Transcript of Market Movement - Bluepoint Mortgage€¦ · Conventional MAX prices Conventional / Government Turn...