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DEROGATORY CREDIT CANâ€™T STOP YOU! COLLECTIONS, CHARGE OFFS, JUDGEMENTS, TAX LIENS AND LATE PAYMENTS CANNOT STOP YOU FROM BUYING NOW

10 PART SERIES

COLLECTION ACCOUNTS

PART I

ERI C L AWRENCE F RAZ I ER, MBA PR ES I DENT | CEO| B ROK ER C A L D RE 0 1 1 4 3484 | N M L S 4 6 1 8 07 8 0 0 - 401- 8994 E X T. 7 0 3 T HE P OWER I S N OW I N C. CA LD RE 1 9 8 0 407 | N M LS 1 4 3 5 243

PRESENTATION DISCLAIMER The Power Is Now Mortgage Services is a Mortgage Brokerage licensed by the State of California Bureau of Real Estate (license #1980407) and the National Mortgage License System and Registry (license #1435243), and is a division of The Power Is Now Inc. (license # 01980407). The Power Is Now Inc. is not affiliated with any state or federal agency. The Power Is Now Real Estate Services is also licensed by the State of California Bureau of Real Estate (licensed #01980407), and is a division of The Power Is Now Inc. The Power Is Now Inc., is an Equal Housing Lender. Our corporate office is located at 3739 6th Street Riverside, CA 92501. Our Telephone and Fax number is 800-4018994. Eric Lawrence Frazier MBA, is a California licensed Loan Originator (NMLS license # 461807), and a licensed Real Estate Broker (CA Bureau of Real Estate license #01143484). Restrictions may apply to all loan programs. The Information and/or data is subject to change without notice. All loans are subject to credit approval. The information is not a commitment to lend or extend credit. Not all loans or products are available in all states. The Power Is Now Mortgage Services and Real Estate Services are A Division of The Power Is Now Inc., and are only licensed to conduct business in the State of California. 5

YOUR RESOURCE FOR REAL ESTATE WE ARE PROUD SPONSORS OF THE OC REALTIST CHAPTER OF NAREB

THE POWER LUNCH

MISSION The mission of the Power of Now Inc., is to inspire, educate, and empower real estate professionals, and consumers to build wealth through real estate with information, services and support that will give them the power to act now for their future.

VISSION The mission of the Power of Now Inc., is to inspire, educate, and empower real estate professionals, and consumers to build wealth through real estate with information, services and support that will give them the power to act now for their future.

OUR COMPANY MANTRA

WE ARE AT OUR BEST AND WE MAXIMIZE OUR SUCCESS WHEN WE ACT NOW. OUR POWER IS NOW! 19

OUR COMPANY SLOGAN

WE MAKE HOMEOWNERSHIP DREAMS A REALITY

INTRODUCTION As a Mortgage Brokerage, The Power Is Now Mortgage Services has access to many lenders that offer programs for first time homebuyers, move up buyers, investors, churches, non-profits and foreign nationals. We are a full service mortgage brokerage.

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DEROGATORY CREDIT CANâ€™T STOP YOU! CO L L EC TIONS , C H A RGE O F FS , JU D GE M ENTS, TA X LIE NS A N D L ATE PAYM E NTS C A N N OT STO P YO U F RO M B U YI N G N OW

10 PART SERIES

10 PART CREDIT SERIES

Collection Accounts

Judgements Tax Liens

Bankruptcy 7 and 13

Foreclosure and Short Sales

Deed In Lieu of Foreclosure

Credit Counseling.

Debt and obligations

Divorce and Separation

Student Loan Debt.

Strategies to improved your credit scores.

COLLECTION ACCOUNTS

PART I

COLLECTION ACCOUNTS

The Underwriter must complete a capacity analysis of collection accounts with an aggregate balance equal to or greater than $2,000.

Non-purchasing spouse's or registered domestic partnerâ€™s collections are included in the combined balances for community property states.

Monthly payments must be included in the DTI when cumulative balances are great $2,000.

COLLECTION ACCOUNTS Outstanding Collections with aggregate $2,000 or more: The collection account must be paid in full prior to closing. Verification of acceptable sources of funds is required. Payment arrangements have been made with the creditor. The monthly payment must be included in the DTI and documentation is required. 5% of the outstanding balance of each collection will be used as the monthly payment and will be included in the DTI. Repossessions are treated as charge offs unless specifically notated that the account was sent to collections. Balances reported after repossession will be treated as collections with a 5% monthly payment considered.

DEROGATORY CREDIT THAT CAN BE IGNORED Collection Accounts, Charge Off Accounts, Accounts with Late Payments in the Previous 24 Months, and Judgments • Lender is not required to obtain an explanation of collection accounts, Charge Off Accounts, accounts with late payments, Judgments or other derogatory information. They can be ignored

Disputed Derogatory Credit Accounts Can Be Ignored • Disputed Derogatory Credit Account refers to disputed Charge Off Accounts, disputed, collection accounts, and disputed accounts with late payments in the last 24 months.

DISPUTED DEROGATORY CREDIT

PART I

EXCLUDING DEROGATORY CREDIT Derogatory Credit that can be Excluded include:

To Exclude Derogatory Credit here are the conditions:

• disputed medical accounts; and • disputed derogatory credit resulting from identity theft, credit card theft or unauthorized use.

• Provide a copy of the police report • Documentation from the creditor to support the status of the accounts as compromised or Fraud.

NON BORROWER SPOUSE -NON DEROGATORY CREDIT Disputed Derogatory Credit Accounts of a non-borrowing spouse or registered domestic partner in a community property state are not included in the underwriting

Non-Derogatory Disputed Accounts and Disputed Accounts Not Indicated on the Credit are not included in the underwriting. - disputed accounts with zero balance

Non-Derogatory Disputed Accounts include the following types of accounts:

- disputed accounts with late payments aged 24 months or greater - disputed accounts that are current and paid as agreed

COLLECTION ACCOUNTS

PART I

DEROGATORY CREDIT CANâ€™T STOP YOU! CO L L EC TIONS , C H A RGE O F FS , JU D GE M ENTS, TA X LIE NS A N D L ATE PAYM E NTS C A N N OT STO P YO U F RO M B U YI N G N OW

10 PART SERIES