Mike Frank | Paradise Land Developers Proposal

Lending Solutions for New Construction A proposal for Paradise Land Developers

Prepared By: Mike Frank

Regional Sales Manager | NMLS# 328707

About

Built for Now And for the Future NAF is privately­owned, unlike big banks and other large mortgage companies. This allows NAF to be nimble and move quickly in adjusting strategy to counter market conditions, without consulting shareholders or investors.

NAF provides its customers, loan officers, and partners with an experience that is built on decades of mortgage expertise all while maintaining the community feel that separates NAF from all other lenders.

#

14

Top Retail Lender In The Nation*

*Based on 2021 HMDA data from ComplianceTech’s Lending Patterns HMDA software. #14 Top Retail Lender is only for independent mortgage banking lenders and does not include banks and credit unions.

We’re

Local NAF MID-PACIFIC LOCATIONS

CA Burlingame Danville Los Gatos Redding Red Bluff Roseville

Sacramento Santa Rosa Stockton Tracy Walnut Creek

AZ

NV

Bullhead City Goodyear Phoenix Scottsdale Tucson

Elko Fallon Henderson Las Vegas Pahrump Reno

Why we are a Great Fit for Home Builders We have the people, products, and resources to help you sell more homes.

New Construction Highlights Experienced, dedicated builder lending team Dedicated Sales fulfillment and partners Consumer friendly digital app

Extended rate locks up to 270 days with float down option Forward Commitments Builder appraisal mini panels Escrow Holdbacks

Fannie Mae, Freddie Mac and Ginnie Mae Seller/Servicer Non-warrantable condo and reduce presale allowance

Condo Project review/approval services

Creative Product Solutions

Ability to turn contingent buyers into cash buyers with NAF Cash Jumbo Loans Full Suite of Non-QM/Niche Products, including No income verification Temporary and Permanent buydowns One Time Close Loan Down Payment Assistance Programs FHA Lending to 500 \ VA No FICO Requirement Manufactured Home Loans

Product Spotlight

MH Advantage

TM

For Manufactured Homes and CrossMods MH Advantage™ is a flexible mortgage product that offers affordable financing for manufactured homes with site-built characteristics.

With higher loan-to-value ratios and reduced pricing, this program is designed to expand access to home financing solutions for low-moderate income borrowers.

In 2023, NAF funded over $200 million in manufactured homes.

MH Advantage Program Highlights TM

Minimum 620 credit score Fixed Rate and Adjustable Loan Options Available Homeowner Counseling Not Required

Home and Land must be classified as real property (no land trusts) Follows Fannie Mae’s loan limits per county

Appraisal includes site built homes to help retain equity over time

Note: Home must meet certain quality requirements and certifications to be eligible.

Product Spotlights

Looking For More Cash Offers?

Turn Your Buyers Into Cash Buyers

With NAF Cash, an affiliated company of New American Funding, your buyer can make a competitive, true cash offer that is not contingent on financing!

Buying in cash means convenience and certainty. NAF Cash will purchase your buyer's home with cash and sell it back to them!

Program Highlights NO mortgage contingency Close on time No buyer-side delays Buyer avoids multiple moves

Buyer can purchase their new home before selling their current home Free up time to close more homes!

Product Spotlight

Looking for More Creative Payment Solutions?

NAF has several rate buydown options available.

1-0 – Reduce your interest rate by 1% for the first year of the loan.

1-1 – Reduce your rate by 1% for the first two years of the loan.

1-1-1 – Reduce your rate by 1% for the first three years of the loan.

2-1 – Reduce your rate 2% in year one, and 1% in year two.

3-2-1 – Reduce your rate 3% in year one, 2% in year two, and 1% in year three.

Your Client’s Experience Matters At New American Funding we help keep our loan officers & partners top of mind with a powerful marketing tool –

The Post Close Campaign

How It Works New American Funding clients are automatically opted-into our extensive Post-Close Campaign where they will receive cards, emails & mortgage statements all for our loan officers!

Campaign Highlights

Campaign runs for both borrower and co-borrower (if applicable).

If there is a real estate agent associated to the loan, emails, cards and statements will be co-branded.

Campaign continues for the life of the loan.

NAF services over 98% of loans in-house

Who We Work With We have extensive expertise in the builder business and have successfully collaborated with renowned builders throughout the Mid-Pacific region.

CA

NV

Woodside Homes The New Home Company Blue Mountain Communities Anthem Properties Signature Homes Shea Homes Century Communities Seeno/Discovery Homes Davidon Homes

Beazer Homes Seeno/Discovery KB Home Kavison Homes Merwin Homes Pulte/American West Homes Signature Homes Storybook Homes/Toll Brothers

AZ Toll Brothers Century Communities The New Home Company Woodside Homes

Thank You If you have questions about anything outlined in this presentation, please let me know.

Mike Frank

Regional Sales Manager NMLS # 328707

916-214-5577

mike.frank@nafinc.com nafhomes.com/mikefrank

Equal Housing Opportunity. This is not a loan commitment or guarantee of any kind. Terms and conditions apply. Subject to borrower and property qualifications. Home must meet certain quality requirements and certifications to be eligible for MH Advantage. Different buydowns carry different costs and are available on specific loan products. Not all applicants will qualify. Rates and terms are subject to change without notice. All mortgage loan products are subject to credit and property approval. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010. Not intended for distribution to consumers as defined by Section 1026.2 of Regulation Z which implements the Truth-In-Lending Act. This information is to inform the real estate industry only and is not marketing material to be provided to consumers. NMLS ID #6606. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. 02/2024