New Hire Booklet

WELCOME TO NAF

WELCOME TO NAF!

2

Core Values Lead With Integrity We Are Stronger United Innovation Fuels Evolution Pursue The Impossible Execution Drives Success People Come First

3

NMLS ID #6606. Corporate Office Phone (800) 450-2010. 3/2023

MILESTONE UPDATES AND POST-CLOSE CAMPAIGN

4

Milestone Updates New American Funding keeps you top of mind with co-branded Loan Status update emails to keep the client in the loop every step of the way.

5

Co-branded closing cards are mailed to our mutual clients with information on how to download closing documents.

6

Personalized co-branded greeting cards sent to clients for years after a loan closes on birthdays, holidays and loan anniversaries.

7

8

CUSTOMER SURVEY TOOL

Collect and share your customer’s feedback to grow your business HIGHLIGHTS:

• For All 5-Star Surveys, Midwest Marketing will send you a social media graphic (see below) • Surveys to: Borrower and Buyer’s Agent • Automatic Replies • Incomplete Survey Reminders

9

NAFCONNECT

10

Connectivity. Visibility. Control.

What is NAF Connect?

NAFConnect is a platform for Real Estate Agents (REA) to connect to NAF Loan Officers.

Client Management

Document Tracking

Loan Updates

Pre-Approval Letters

Help clients navigate the loan process and communicate with New American Funding.

View your client's loan status and receive notifications as it moves across key milestones.

Notifications

See documents needed by the New American Funding processing team.

Generate, edit, and download pre-approval letters at the click of a button.

Receive notifications when new milestones are completed and watch real-time loan status updates to keep you and your client up-to-date on the status of their loan.

11

The Real Estate Agent can also Refer a Client to the Loan Officer Refer A Client Pop-up Screen

Agent Notification Email – Referral Submitted 12

Borrower Notification Email

Loan Officer Notification Email – New Lead

How Does the Agent Enroll? www.nafconnect.com Click – Get Started

To Schedule LO Training / Agent Demo / Questions E-mail: NAFTechTraining@nafinc.com

View the User Guide by scanning the QR code here

13

Dedicated Marketing Team

• Print Mail • Doorhangers • Listing Booklets • Flyers

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• Luxury Business Cards • Buyer and Seller Booklets • Listing/Open House Materials • Agent Signage

AND MUCH MORE...

Meet the Midwest Marketing and Video Team

Lori Wolff

Christine Zobel

Madalyn Kuzniar

Lori.Wolff@NAFinc.com

Christine.Zobel@NAFinc.com

Madalyn.Kuzniar@NAFinc.com

April Sita

Brady Griffin

Bryn Boston

April.Sita@NAFinc.com

Brady.Griffin@NAFinc.com

Bryn.Boston@NAFinc.com

Regional Marketing Manager

Graphic Designer

Senior Graphic Designer

Senior Marketing Specialist

Marketing Specialist

Casey Morton

Kyle Nowakowski

Casey.Morton@NAFinc.com

Kyle.Nowakowski@NAFinc.com

Production Team Lead

15

Graphic Designer

Marketing Coordinator

MidwestMarketing@NAFinc.com

PRINT MAIL

16

DOORHANGERS

17

LISTING BOOKLETS

18

SOCIAL MEDIA

19

LUXURY BUSINESS CARDS

20

LISTING EXAMPLES

AGENT WEBSITE

LOAN OFFICER WEBSITE

AGENT FACEBOOK

LO FACEBOOK

OPEN HOUSE

WE WANT YOUR FEEDBACK CIRCLE AN OPTION ON A SCALE OF 1-5

BACKYARD

CURB APPEAL

MEETS YOUR CRITERIA

1 2 3 4 5

1 2 3 4 5

1 2 3 4 5

FIRST IMPRESSION

KITCHEN

FAMILY ROOM

1 2 3 4 5

1 2 3 4 5

1 2 3 4 5

MASTER BED/BATH

VALUE OF HOME

1 2 3 4 5

1 2 3 4 5

When do you plan on buying/selling a home?

Are you currently working with an agent?

Would you like to get Pre-Approved?

Comments?

Phone:

Name: E-mail:

21

AGENT SIGNAGE

Welcome

Welcome

ASK QUESTIONS

ASK QUESTIONS

SEE YOURSELF LIVING HERE?

SEE YOURSELF LIVING HERE?

TO OUR OPEN HOUSE

LOOK AROUND

MAKE AN OFFER

22

TO OUR OPEN HOUSE

LOOK AROUND

MAKE AN OFFER

REALTOR® PRESENTATION BOOKLET

23

Real Estate Presentation Booklet The Marketing Team has created an Agent Presentation Booklet to use when meeting with New Agents. Below is an example of what we have been using. This is a base we can add and subtract pages based on your audience. If you would like us to create some for your next Agent Meeting or to have on-hand, let us know!

Closing Costs How much can a seller pay towards closing costs?

Buydown Programs

Loan Type

Property Type

Down Payment

Contribution Type

Max Seller Contribution

Conventional

Primary & Secondary Home

Less than 10% 10% - 25% More than 25%

Closing Costs, Prepaid Items, & Discount Points

3% 6% 9%

FHA

Primary

3.5% or More

Closing Costs, Prepaid Items, & Discount Points

6%

VA

Primary

N/A

USDA

Primary

N/A

NMLS#6606 NMLS#6606

24

Closing Costs, Unlimited Prepaid Items, (Up to 2 & Discount Points Discount Points) Can Include Debt Payoff

4%

Closing Costs, Prepaid Items, & Discount Points

6%

Milestone Updates

Mortgage Recasting: What You Should Know

New American Funding keeps you top of mind with co-branded Loan Status update emails to keep the client in the loop every step of the way.

Give Your Clients More Reasons to Buy that Fixer-Upper

A mortgage recasting, or loan recast, is when a borrower makes a large, lump-sum payment toward the principal balance of their mortgage and the lender, in turn, reamortizes the loan.

This means that your loan and payments are reduced to reflect the new balance. It allows borrowers the opportunity to close with just 5% down. Once the current home is sold, borrower can recast to use the proceeds from the sale to buy down the principle balance to reduce monthly payment and eliminate PMI.

A renovation mortgage offers your clients the financial flexibility to meet their home improvement needs for a wide variety of renovation projects, from repairs and energy updates to landscaping and luxury upgrades. This renovation loan includes financing in their conventional purchase or refinanced home loan.

Recasting Highlights:

HIGHLIGHTS

•

Minimum of $5000 principal reduction

•

$300 Nominal fee

•

Borrower can reduce the principal balance

•

New American Funding will re-amortize the loan based on the remain term and payments will be reduced

•

Purchase the home and include rehabilitation costs in the same transaction

•

Finance up to 97% of the “After Improved” appraised value

•

Occupancy types include primary residence, second home, or investment properties

•

Recast for Conventional Loan (Freddie Mac and Fannie Mae)

•

No minimum repair amount

•

Multiple Recasts can be completed during the life of the loan

•

The maximum repair amount is 75% of the “After Improved” appraised value of the property

•

Only one document is needed for recast: Borrowers must provide a Recast Modification Agreement which they will execute and have notarized

•

The first principal and interest payment must be made on the original note

•

PMI can be eliminated in some scenarios

NMLS#6606

Help your buyers

achieve the dream of

homeownership

Connectivity. Visibility. Control.

Introducing our

Pathway 100 Program!

HIGHLIGHTS Down Payment Assistance available for 3.5% or 5%

With New American Funding’s Pathway 100 Program, eligible buyers could receive up to 100% financing, to be used for down payment, closing costs, and prepaid items.

There are no income restrictions or first-time buyer requirements!

Eligibility based on FHA 203(b) & USDA guidelines Minimum FICO 620 Owner-occupied purchase transactions only High balance loans available

What is NAF Connect?

NAFConnect is a platform for Real Estate Agents (REA) to connect to NAF Loan Officers.

Temporary rate buydowns available

PROPERTY TYPES

Client Management

Document Tracking

Loan Updates

Pre-Approval Letters

Help clients navigate the loan process and communicate with New American Funding.

Single family homes 2-units

Condos

PUDs

View your client's loan status and receive notifications as it moves across key milestones.

Manufactured homes

See documents needed by the New American Funding processing team.

Generate, edit, and download pre-approval letters at the click of a button.

Notifications

Receive notifications when new milestones are completed and watch real-time loan status updates to keep you and your client up-to-date on the status of their loan.

NMLS#6606

Turn Your Clients Into Cash Buyers We can help your buyers with

Follow these steps to make your buyer a cash buyer with NAF Cash!

Jumbo Home Loans from New American Funding

STEP 1

Get Certified Join a FREE 45-minute NAF Cash LLC training.

If your clients want a home in a premium neighborhood, are ready to buy a vacation home, or want to expand their real estate portfolio, our flexible Jumbo loans could be just what they need. With loans up to $5 million and alternative qualifying income options, your clients can buy more with New American Funding!

STEP 2

Get Your Client Pre-Approved Get your client pre-approved with New American Funding!

STEP 3

Complete NAF Cash Documents Work with your NAF Cash Transaction Coordinator to submit the required documents.

Do You Have Buyers Ready For a Bigger Home,

NMLS#6606

Help your clients pay off highinterest debt

or Vacation Home?

With a Home Equity Line of Credit, your clients can leverage the equity they’ve built in their home to pay off high-interest debt, make home renovations, or even buy a second home or investment property.

OUR JUMBO HOME LOANS DELIVER MORE!

STEP 4

Get Ready to Write Cash Offers Your NAF Cash Transaction Coordinator will notify you once the client has been approved and they can begin making a cash offer.

Up to $5 million

Program Highlights

Down payments of as little as 10%

STEP 5

Offer Accepted Close and move in quickly! At this point, you will work closely with your NAF Cash Transaction Coordinator.

#makeyourbuyeracashbuyer

25

A Home Equity Line of Credit could be the answer!

Investment Property,

Debt-to-income ratio up to 50%

Sign Up For Our Certification Course

Credit score as low as 620 Cash-out Refi up to 85% Options for bank statements, 1099, asset verification, and DSCR Primary, secondary, & investment properties Available for 1 - 4 unit single-family, condos, modular homes, and townhomes NMLS#6606

•

Property Types

Piggyback and Stand-Alone options available

•

HELOC can be a 1st lien

•

Self-employed permitted

•

SFR (1-4 unit)

•

Loan amounts $25,000 to $750,000

•

Townhomes

•

Up to 70% CLTV

•

PUD

•

Up to 50% Debt-to-income

•

Condo (including Mid- and Hi- Rise)

•

FICO as low as 640

•

Manufactured Homes allowed

•

Purchase, Rate and Term, and Cash Out Refinance

•

“No appraisal” and “AVM only” options on some transactions (if acceptable and qualified)

•

Trust Ownership eligible

NMLS#6606

DIGITAL BUSINESS CARDS

26

DO YOU HAVE A DIGITAL BUSINESS CARD?

If not the Marketing Team can create one or more for you.

FIRST LAST Sr. Loan Consultant | NMLS# 400473

000-000-0000 First.Last@nafinc.com NAF.com/FirstLast

HOW TO USE YOUR DIGITAL BUSINESS CARD: Have the Midwest Marketing Team Create a Digital Business Card.

Save it on your phone. Usually as a favorite in your pictures. Or in your Notes or Wallet Section.

What ever allows you to access it fast and easily.

BUYERS AGENTS -

LISTING AGENTS -

If you are talking to a New Buyer’s Agent…while on the phone with them.

It is always a great idea to call the Listing Agents on your Purchase deals and introduce yourself.

Let them know you are going to text them your Digital Business Card.

This allows them to put a face with a name…easily access your contact information.

Most importantly…if the transaction goes well they can forward that card to a new referral.

BUYERS Always make sure your Buyers have your Digital Business Card.

It is an extremely easy way for them to share your information with family and friends who need a referral.

Everyone always has their phone.

27

Same as Buyers Agents…while on the phone let them know you will be texting your Digital Business Card.

Texting is much better than sending an e-mail.

Texts are read about 98% of the time…e-mails on about 37%.

ANY NEW CONTACT This is a great way to share your contact information in any situation.

LIST REPORTS

28

29

� ListReponts

ATM

PHARMACY

CLEANERS

MEDICAL

GROCERIES

111r

DISCLAIMER: The information in this report is from third-party sources and its accuracy cannot be guaranteed.

COFFEE

MOVIE THEATER

MILES

GAS

GYM

This home is in a very convenient area. Some daily errands in this location require a car and most major services are within 1 mile.

VERY CONVENIENT

30

3.9

PARK

� ListReports

RA C::::IN

FOREST PARK GRAND

LAKE

WITHIN 10 MILES

1t

DISCLAIMER: The information in this report is from third-party sources and its accuracy cannot be guaranteed.

5.3

MILES

MILES

MILES

BLACKBURN PARK

2.9

TOWER TEE GOLF COURSE & RECREATION COMPLEX

GOLF COURSE

DOG PARK

1.6 CARONDELET LIONS PARK MILES

This home is located near a variety of outdoor activities.

THE GREAT OUTDOORS

31

� ListReports

$$$$ DISCLAIMER: T accuracy cannot

MEXICAN ................................................. 14

$$$

n in this report is from third-party sources and its t d.

OTHER ........................................................ 11

PIZZA .......................................................... 9

BARS .......................................................... 12

BARBECUE .............................................. 13

CAFES, COFFEE AND TEA .............. 16

INTERNATIONAL .................................. 17

ASIAN ........................................................ 17

FAST FOOD ........................................... 30

AMERICAN ............................................. 59

BY CATEGORY

GOOD EATS

$$

$

------------------------------------------------------------

WITHIN 5 MILES

This home is located near 195 moderately priced restaurants and has an above average variety of cuisines.

NEIGHBORHOOD EATS

32

� ListReports

9-12

6-8

PK-5

The assigned schools are average for the area. There are also 74 private schools and 11 charter schools within 5 miles.

SCHOOLS IN YOUR AREA

�ill� ••

LICENSED IN ALL 50 STATES

Transition Loan Team Matt Allsopp Matt.Allsopp@NAFinc.com

33

Instructions for Transition Loan

Your Purchase Lender Standard Programs Conventional • • • •

Down Payment as Low as 3% Fixed or Adjustable Rates Down Payment Assistance Programs Available Non-Occupying Co-Borrowers Allowed

FHA • • • •

Down Payment as Low as 3.5% Lower Credit Score Flexibility Higher Allowable Debt to Income Ratios 100% Financing with DPA

VA • • •

100% Financing No Monthly Mortgage Insurance Premiums Flexible Underwriting Guidelines

USDA • • •

100% Financing Lower Credit Score Flexibility Gifts for Closing Costs Allowed

Jumbo • • • •

Borrow up to $3 Million Credit Score as Low as 700 Eligible for Primary Residence, Second Home or Investment Property Warrantable and Non-Warrantable Condos Permitted

Renovation • • • •

NMLS#6606

34

FHA and Conventional Programs Purchase or Refinance Principal Residence, Second Home or Investment Property Ability to Finance Repairs and Home Improvements

Specialty Programs •

NAF Cash

Allows Buyer to Become a Cash Buyer • Buyer Can Purchase New Home Without Selling Current Home • Conventional and VA Loans Allowable

Lock In & Float

•

• Lock In Your Rate - Rate Can’t Increase If Rates Improve during Locked Period, You Can Float Down to a Better Rate

•

• •

Bank Statement Program

Self Employed Borrowers can use Business Bank Statements to Qualify Purchase New Home Without Selling Current Home – Exclude Payment in Debt to Income Ratio • Purchase, Refinance or Cash-Out Primary, Second Home or Investment Property Eligible

•

NAF Bridge Loan

Use Equity From Your Existing Home Towards the Purchase of a New Home • Ability to Present a Strong Non-Contingent Offer, Giving You a Competitive Edge in the Market • No Monthly Payments During the Loan Term Reducing the Financial Stress of managing Two Mortgage Payments

Buydown Options

•

• Lower Interest Rate for the First Few Years of Mortgage Available on Conventional, FHA VA and USDA Loan Products • 1/0, 1/1/1, 2/1, and 3/2/1 Buydown Options Available

•

Down Payment Assistance

Additional Funds for Down Payment and Closing Costs • NAF Goal Grant • Chenoa • NAF Pathway Programs • Freddie Mac BorrowSmartSM

Recast Option

• 35

• Borrower can Reduce the Principal Balance • New American Funding will Re-Amortize the Loan based on the Remaining Term and Payments will be Reduced Multiple Recasts can be Completed during the Life of the Loan • PMI can be Eliminated in Some Scenarios

NMLS#6606

36

Home Loans for Your Self-Employed Buyers Just Got Easier!

If your self-employed buyers have been in business at least two years, their personal or business bank statements may qualify them for New American Funding’s Self-Employed Bank Statement Mortgage.

If your buyers simply have a high debt-to-income ratio (DTI), no K1s or 1099s but have plenty of assets, they may still qualify.

Highlights Include: Loan amounts up to $2.5 million Purchase, Refinance or Cash Out First-time homebuyers eligible Primary second home or investment home are eligible For buyers selling their current home, the mortgage payment for the departure residence may be excluded from the buyer’s DTI if the property has been listed for Sale on the MLS prior to the loan application date and the borrower can show additional reserves.

37

QUALIFY WITH BANK STATEMENTS. NO TAX RETURNS OR 4056 NEEDED!

Adjustable and fixed rate mortgage options available

NMLS ID #6606. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Corporate office 14511 Myford Rd. Suite 100, Tustin, CA 92780. Phone: (800) 450-2010. 11/2022.

The New Way to Buy a Home

New American Funding Can Show You How to Turn Your Clients into Cash Buyers Buying in cash means convenience, certainty, and may mean cost savings too. In fact, buying in cash may help your clients save up to 11% over those using a traditional mortgage.1 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 and close in as little as seven days.

You know what that means for you.

BENEFITS • Clients can buy their new home before selling their current home • Sellers may be more likely to offer concessions to cash buyers • Get commissions quickly • Use potential savings to buy down interest rate • No fees for agents • Close on more homes faster

NMLS#6606

38

Turn Your Clients Into Cash Buyers Follow these steps to make your buyer a cash buyer with NAF Cash!

STEP 1

Get Certified Join a FREE 45-minute NAF Cash LLC training.

STEP 2

Get Your Client Pre-Approved Get your client pre-approved with New American Funding!

STEP 3

Complete NAF Cash Documents Work with your NAF Cash Transaction Coordinator to submit the required documents.

STEP 4

Get Ready to Write Cash Offers Your NAF Cash Transaction Coordinator will notify you once the client has been approved and they can begin making a cash offer.

STEP 5

Offer Accepted Close and move in quickly! At this point, you will work closely with your NAF Cash Transaction Coordinator.

#makeyourbuyeracashbuyer 39

Sign Up For Our Certification Course

40

Mortgage Recasting: What You Should Know A mortgage recasting, or loan recast, is when a borrower makes a large, lump-sum payment toward the principal balance of their mortgage and the lender, in turn, reamortizes the loan.

This means that your loan and payments are reduced to reflect the new balance. It allows borrowers the opportunity to close with just 5% down. Once the current home is sold, borrower can recast to use the proceeds from the sale to buy down the principle balance to reduce monthly payment and eliminate PMI.

Recasting Highlights:

41

•

Minimum of $5000 principal reduction

•

$300 Nominal fee

•

Borrower can reduce the principal balance

•

New American Funding will re-amortize the loan based on the remain term and payments will be reduced

•

Recast for Conventional Loan (Freddie Mac and Fannie Mae)

•

Multiple Recasts can be completed during the life of the loan

•

Only one document is needed for recast: Borrowers must provide a Recast Modification Agreement which they will execute and have notarized

•

The first principal and interest payment must be made on the original note

•

PMI can be eliminated in some scenarios

TRIGGER LEAD WORK AROUND 1. Soft Pull Credit Report

2. Run AUS Using Soft Pull (DU or LP)

Spam Likely mobile

3. Client Opts Out (5 Day Waiting Period) What is an opt-out and what your clients can do: • An Opt-Out removes your Name (and Contact Info) from the Pre-Screened List • To Opt-Out, visit optoutprescreen.com or call (888) 567-8688 • They can also register with the Do Not Call Registry at donotcall.gov • They have the right to Opt-Out for 5 Years or Permanently Remember: the best time to Opt-Out is BEFORE your clients have their credit pulled.

4. Tri-Merge Credit Pull Minimize Trigger Lead Phone Calls to Your Client!

42

NMLS ID #6606. New American Funding, LLC. Corporate Office Phone (800) 450-2010. 07/2023

Buydown Programs

43

Temporary Buydown A temporary buydown lowers the effective interest rate for the first few years of the mortgage.

This reduction is a result of the deposit of a lump sum into an escrow account, a portion of which is released each month to reduce the borrower’s payments. Temporary Buydowns can be used on Conventional, FHA, VA, and USDA Loan Products.

These pages will focus on the Seller Paid Buydown.

Buydown Options 1/1/1 BUYDOWN

1/0 BUYDOWN

Year 1 - Monthly Payment calculated using a Rate 1% below Note Rate Year 2-30 - Monthly Payment would be calculated at the Note Rate EXAMPLE: Note Rate 6.625% Year 1 Rate 5.625% Year 2-30 Rate 6.625%

2/1 BUYDOWN

Year 1 - Monthly Payment calculated using a Rate 2% below Note Rate Year 2 - Monthly Payment would be calculated at 1% below Note Rate

Year 4-30 - Monthly Payment would be calculated at the Note Rate EXAMPLE: Note Rate 6.625% Year 1-3 Rate 5.625% Year 4-30 Rate 6.625%

3/2/1 BUYDOWN

Year 1 - Monthly Payment calculated using a Rate 3% below Note Rate Year 2 - Monthly Payment calculated using a Rate 2% below Note Rate Year 3 - Monthly Payment calculated using a Rate 1% below Note Rate

Year 3-30 - Monthly Payment would be calculated at the Note Rate

Year 4-30 - Monthly Payment would be calculated at the Note Rate

EXAMPLE:

EXAMPLE:

Note Rate 6.625% Year 1 Rate 4.625% Year 2 Rate 5.625% Year 3-30 Rate 6.625% 44

Year 1-3 - Monthly Payment calculated using a Rate 1% below Note Rate

Note Rate 6.625% Year 1 Rate 3.625% Year 2 Rate 4.625% Year 3 Rate 5.625% Year 4-30 Rate 6.625%

Calculating Buydown Cost The cost of the Buydown is simply the difference between the BUYDOWN PAYMENT and the P&I PAYMENT using the Note Rate.

The COST for the Seller is equal to the SAVINGS for the Buyer.

See examples below.

COST OF 1/0 BUYDOWN EXAMPLE

Sales Price:

$400,000

Loan Amount:

$320,000

Note Rate:

6.625%

P&I Payment:

$2,049.00

1st Year Rate:

5.625%

1st Year P&I Payment:

$1,842.10

Buyer Monthly Savings $206.90

Cost Year 1: $2,049.00 - $1,842.10 = $206.90 X 12 Months = $2,482.80 TOTAL COST OF BUYDOWN = $2,482.80

COST OF 2/1 BUYDOWN EXAMPLE

Sales Price:

$400,000

Loan Amount:

$320,000

Buyer Monthly Savings

Note Rate:

6.625%

P&I Payment:

$2,049.00

1st Year Rate:

4.625%

1st Year P&I Payment:

$1,645.25

$403.75

2nd Year Rate:

5.625%

2nd Year P&I Payment:

$1,842.10

$206.90

Cost Year 1: $2,049.00 - $1,645.25 = $403.75 X 12 Months = $4,845.00 Cost Year 2: $2,049.00 - $1,842.10 = $206.90 X 12 Months = $2,482.80 TOTAL COST OF BUYDOWN = $7,327.80

45

Calculating Buydown Cost example cont.

COST OF 3/2/1 BUYDOWN EXAMPLE

Sales Price:

$400,000

Loan Amount:

$320,000

Buyer Monthly Savings

Note Rate:

6.625%

P&I Payment:

$2,049.00

1st Year Rate:

3.625%

1st Year P&I Payment:

$1,459.30

$589.64

2nd Year Rate:

4.625%

2nd Year P&I Payment:

$1,645.25

$403.75

3rd Year Rate:

5.625%

3rd Year P&I Payment:

$1,842.10

$206.90

Cost Year 1: $2,049.00 - $1,459.30 = $589.64 X 12 Months = $7,075.68 Cost Year 2: $2,049.00 - $1,645.25 = $403.75 X 12 Months = $4,845.00 Cost Year 3: $2,049.00 - $1,842.10 = $206.90 X 12 Months = $2,482.80 TOTAL COST OF BUYDOWN = $14,403.48

COST OF 1/1/1 BUYDOWN EXAMPLE

Sales Price:

$400,000

Loan Amount:

$320,000

Note Rate:

6.625%

P&I Payment:

$2,049.00

1st - 3rd Year Rate:

5.625%

1st Year P&I Payment:

$1,842.10

Buyer Monthly Savings $206.90

Cost Year 1-3: $2,049.00 - $1,842.10 = $206.90 X 36 Months = $7,448.40 TOTAL COST OF BUYDOWN = $7,448.40

46

Compare Buydown Savings to Lowering Sales Price by $10,000

Sales Price:

$400,000

Loan Amount:

$320,000

Note Rate:

6.625%

P&I Payment:

$2,049.00

P&I Payment with $400,000 Sales Price = $2,049.00 P&I Payment with $390,000 Sales Price = $1,997.77 DIFFERENCE IN P&I PAYMENT = $51.23

Check out the difference in savings!

47

Compare Buydown Savings cont.

2/1 BUYDOWN - BUYER MONTHLY SAVINGS ILLUSTRATION

HOUSE A

Sales Price:

$400,000

Down Payment:

$80,000

Loan Amount:

$320,000

1st Year Rate:

4.625%

1st Year P&I:

$1,645.25

2nd Year Rate:

5.625%

2nd Year P&I:

$1,842.10

Sales Price:

$390,000

Down Payment:

$78,000

Loan Amount:

$312,000

Interest Rate:

6.625%

P&I Payment:

$1,997.71

HOUSE B

1st Year - Buyer of House B is saving $403.75 per month Compared to Buyer of House A Savings of $51.23 per month 2nd Year - Buyer of House B is saving $206.90 per month Compared to Buyer of House A Savings of $51.23 per month 48

Marketing Available

49

Closing Costs How much can a seller pay towards closing costs?

Loan Type

Property Type

Down Payment

Contribution Type

Max Seller Contribution

Conventional

Primary & Secondary Home

Less than 10% 10% - 25% More than 25%

Closing Costs, Prepaid Items, & Discount Points

3% 6% 9%

3.5% or More

Closing Costs, Prepaid Items, & Discount Points

6%

FHA

VA

USDA

50

Primary

Primary

Primary

N/A

N/A

NMLS#6606

Closing Costs, Unlimited Prepaid Items, (Up to 2 & Discount Points Discount Points) Can Include Debt Payoff

4%

Closing Costs, Prepaid Items, & Discount Points

6%

Help your clients pay off highinterest debt

A Home Equity Line of Credit could be the answer!

With a Home Equity Line of Credit, your clients can leverage the equity they’ve built in their home to pay off high-interest debt, make home renovations, or even buy a second home or investment property.

Program Highlights Property Types

Piggyback and Stand-Alone options available

•

HELOC can be a 1st lien

•

Self-employed permitted

•

SFR (1-4 unit)

•

Loan amounts $25,000 to $750,000

•

Townhomes

•

Up to 70% CLTV

•

PUD

•

Up to 50.00% Debt-to-income

•

Condo (including Mid- and Hi- Rise)

•

FICO as low as 640

•

Manufactured Homes allowed

•

Purchase, Rate and Term, and Cash Out Refinance

•

“No appraisal” and “AVM only” options on some transactions (if acceptable and qualified)

•

Trust Ownership eligible

NMLS#6606

51

•

DSCR PROGRAMS

A DSCR loan, also known as a Debt Service Coverage Ratio loan, is a specialized financing option primarily utilized by real estate investors. It’s a loan that measures the property’s ability to generate enough cash flow to pay its debt-based obligations. Unlike traditional loans, which focus on personal income verification, DSCR loans inspect the property’s income potential to determine loan eligibility. This non-QM loan allows investors to qualify for financing based on their property’s cash flow, making it the perfect solution for those who want to invest in real estate without worrying about their personal income.

CORRESPONDENT OPTIONS Arc Home LLC Access DSCR Program • 640 FICO ◦ 30 Yr Fixed ◦ 30 Yr Fixed I.O.

NAF Portfolio DSCR • 700 FICO ◦ 30 Yr Fixed ◦ 30 Yr Fixed I.O.

Verus Inv Solutions DSCR • 620 FICO ◦ 15 Yr & 30 Yr Fixed ◦ 7/6 SOFR ARM ◦ 7/6 SOFR ARMs I.O. 40 Yr Term

BROKERED LOAN OPTIONS 5th Street Capital ACC Mortgage • 680 FICO • 640 FICO ◦ 30 Yr Fixed ◦ 30 Yr Fixed ◦ 5/6 & 7/6 SOFR ARMs ◦ 30 Yr Fixed I.O. ◦ 5/6 & 7/6 SOFR ARMs I.O.

ACRA Lending • 575 FICO ◦ 30 Yr Fixed ◦ 5/1 & 7/1 CMT ARMs

AD Mortgage • 620 FICO ◦ 30 Yr & 40 Yr Fixed ◦ 5/6 & 7/6 SOFR ARMs

Angel Oak • 680 FICO ◦ 30 Yr & 40 Yr Fixed ◦ 30 Yr Fixed I.O.

Axos • 660 FICO ◦ 30 Yr Fixed ◦ 5/6, 7/6 SOFR ARMs ◦ 5/6, 7/6, SOFR I.O. ARMs

Champions • 620 FICO ◦ 30 Yr Fixed ◦ 30 Yr Fixed I.O. ◦ 10/6 SOFR ARMs ◦ 10/6 SOFR ARMs I.O.

Clearedge Lending • 620 FICO ◦ 30 Yr & 40 Yr Fixed ◦ 30 Yr & 40 Yr Fixed I.O. ◦ 5/6 & 7/6 SOFR ARMs

Excelerate Capital • 620 FICO ◦ 15 Yr, 30 Yr & 40 Yr Fixed ◦ 30 Yr & 40 Yr Fixed I.O. ◦ 5/6 SOFR ARMs ◦ 5/6 SOFR ARMs I.O.

Greenbox ◦ 30 Yr Fixed ◦ 40 Yr Fixed I.O.

Lendsure • 660 FICO ◦ 15 Yr & 30 Yr Fixed ◦ 40 Yr Fixed I.O.

Loanstream • 620 FICO ◦ 15 Yr, 30 Yr & 40 Yr Fixed ◦ 30 Yr & 40 Yr Fixed I.O. ◦ 5/6 & 7/6 SOFR ARMs ◦ 5/6 SOFR ARMs I.O.

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NAF CONCIERGE

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ABOUT NAF CONCIERGE This exciting new initiative positions NAF as a whole home provider, seamlessly connecting customers with many of the services critical to buying and owning a home.

From basic utilities like power and gas, to fiber internet and state of the art smart home security, NAF Concierge will help our customers save time and money in a simple, 30-minute-or-less process.

Additionally, customers will receive exclusive discounts by working with NAF Concierge, potentially saving them hundreds of dollars.

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WHAT DOES NAF CONCIERGE DO? NAF Concierge assists customers during their loan journey to help them review, compare and schedule their new home's utility connections and needs such as electric, internet, Security, TV and much, much more.

CUSTOMER BENEFITS White Glove Service Dedicated concierge agents to assist customers with scheduling appointments, placing orders, and tracking progress Easy Home Service Connections Provide free assistance with identifying and connecting home services such as: Electric, Gas, Internet, Home Security, and more…

Carrier Agnostic Options Unbiased pricing information for various providers that services customer’s specific address

LO REFERRAL OPPORTUNITIES Loan officers have three options to refer their clients to NAF Concierge LOs will also receive $100 for each customer that obtains a security system installation through NAF Concierge!* *$100 referral bonus will be paid in monthly commissions on the 10th day of the month for any prior month customer installations

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NAF Concierge Portal – powered by OneSource Solutions: https://portal.osconnects.com Username: NAF E-mail Address Password: NAF2023!

The portal will have three levels of roll-up reporting: 1) Loan Officer 2) Regional/Division Sales Leader 3) Corporate

Homebuyer FAQ FAQ

What is NAF Concierge?

What’s in it for NAF Loan Officers?

When you refer your clients to NAF Concierge and installNAF a home security home system, NAF Concierge is a complimentary offering thatthey provides customers withora smart hassle-free way you will to receive $100 incentive One client equals $100, ten clients equal $1,000! set up aimportant utilities per and client! home services as part of your homebuying journey.

Our goal is Additionally, as NAF interacts with clients in additional ways beyond their home financing, we’re to save you significant time, money, and stress during your loan journey with NAF. confident you will see increased referral opportunities and long-term customer retention. states does NAF Concierge cover?

How doWhat I refer my clients to NAF Concierge?

LOs have three options for referring customers to NAF Concierge: servicetois877-804-0833 available nationwide!

1. WarmOur transfer 2. Via your online portal account (see details below) 3. Share and encourage clients to visit http://www.nafconcierge.com What services does NAF Concierge help with?

SoundsNAF great, but howwill will weestablish track this?

Concierge help your basic utilities such as electricity, gas, and water. An Loan officers will be able to track NAF Concierge engagement their own custom portal account, expert consultant will also provide comparisons for availablevia internet, television, phone, and similar to yourHome UqualSecurity financial wellness This will provide the ability to your borrower’s Smart services.

Weportal. can even help with moving providers fortrack the big day! progress with up-to-date reporting and status updates for each service the client utilizes. can’t the I take care of this myself?

How doWhy I access NAF Concierge online portal?

You will receive an email invitation from OneSource Solutions, who is NAF Concierge’s authorized home certainly However, we’veyou found that many customers spend betweenfor 5-7your hours on login. service You partner.

The can! email will provide instructions to reset your password unique tasksexpect like researching providers, comparingwithin rates, the and next listening to annoying hold You should to receiveavailable this email and credentials 2-3 business days. music. We can also save you money with special NAF Concierge discounts from top providers.

How will I receive the $100 LO incentive when my customers work with NAF Concierge?

MonthlyIsreferral commissions will be paid on the 10th day of the month for all security & smart home NAF Concierge trying to sell me something? installs that are completed during the previous month. You can track your referrals via your portal account.No! We compare your available home services side-by-side so you can select the ones that fit your needs. Totally free of charge.

How will my clients find out about NAF Concierge?

You choose which want;clients we do not push behalf any oneonce service. up tothe date on to An introduction email willservices be sentyou to your on your the And loanwe’re reaches Intent of our providers’ available specials andofdiscounts, to make sureisyou getautomated. the best rates.

Proceedallmilestone.

No action will be needed you as this process fully Where can I find additional information about NAF Concierge?

NAFup-to-date Conciergeinformation able to disconnect my current You canIsfind and resources byservices? visiting the NAF Concierge SharePoint page. And as always, please reach out to StrategicPartnerships@nafinc.com with any questions or feedback.

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We’ll take care of this when your provider allows us to do so. However, most providers will require the customer to handle this step. In many cases, we are able to process disconnections if you are reconnecting/transferring service with the same company.

How soon should I set up my home services to ensure they are connected by my closing date?

To ensure timely connections & installations, it’s important to schedule your initial NAF Concierge consultation a minimum of 10 days in advance of your closing date.

What happens if my closing date changes?

If your closing date changes, just give us a call and we will make sure all of the service providers you selected are updated.

We will stay with you from start to finish!

What are the NAF Concierge hours of operation?

Normal business hours are 8:00 am to 6:00 pm CST. Monday through Friday.

If you need available after-hours support on Saturday and Sunday, then please let us know and we’ll provide you emergency contact numbers during the initial consultation.

Loan Officer FAQ Who is the partner that helps power NAF Concierge?

OneSource Solutions is NAF Concierge’s whole home service partner. OneSource is one of the largest authorized retailers for many top providers like AT&T, Spectrum, ADT, Vivint, and more.

All marketing and outreach will be white labeled as NAF Concierge, so it is unlikely you or your customers will ever see or hear the name OneSource.

Does NAF Concierge charge a fee?

Absolutely not! The service is provided completely free of charge.

Additional questions?

How does NAF Concierge make money if the service is free?

the NAF Concierge OneSource makes moneyEmail from helping set up all the premium Team! services such as internet, cable, phone, and/or Security. connect@nafconcierge.com Are my clients being charged a markup for certain services?

No, the prices and promotions are, at a minimum, the same as they would see if they were to shop on their own. In many cases, clients will receive special pricing and promotions by working with NAF Concierge. For example, NAF Concierge customers will receive at least $850 in free security equipment and installation.

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What’s the process for my clients?

security equipment and installation.

What’s the process for my clients?

It’s simple – you can refer customers directly to NAF Concierge, or we will reach out your client beginning 2 weeks prior to their scheduled closing date.

On the initial consult, we’ll briefly walk through the process and confirm the home services they’d like help with. We’ll then research all available providers and packages in their area, and schedule a follow-up time for the customer to make selections and schedule installations.

How do I refer my customers to NAF Concierge?

LOs have three options for referring customers to a concierge agents 1. AF Concierge Number: 877-804-0833 2. portal.osconnects.com 3. Or, email connect@nafconcierge.com What’s in it for NAF Loan Officers?

LOs will receive $100 for every customer referral that installs a home security or smart home system through NAF Concierge!

Additionally, the NAF Concierge offering will lead to increased customer satisfaction and engagement, significantly improving long-term customer retention.

How will I receive the $100 LO incentive when my customers work with NAF Concierge?

Monthly referral commissions will be paid on the 10th day of the month for all security & smart home installs that are completed during the previous month.

You can track your referrals via your LO portal online portal link Where can I find additional information about NAF Concierge?

You can find up-to-date information and resources by visiting the NAF Concierge SharePoint page.

Additional questions?

Email the NAF Concierge Team! connect@nafconcierge.com 58

INTRODUCTORY EMAIL

14 DAYS PRIOR TO CLOSING EMAIL 59

10 DAYS PRIOR TO CLOSING EMAIL

7 DAYS PRIOR TO CLOSING EMAIL

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NAF INSURANCE

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ABOUT NAF INSURANCE We are excited to announce NAF Insurance, our newest product offering within the NAF Concierge partnership umbrella. This new initiative will redefine how NAF approaches home insurance, for both new and servicing customers.

And, as is the case with all of our NAF Concierge offerings, this is a 100% complimentary service!

Consumer Landing Page

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HOW IT WORKS Powered by Matic, NAF Insurance streamlines the home insurance shopping process, allowing customers to compare quotes from 40+ top-rated insurance providers in a matter of seconds.

Once the customer obtains the policy they need at a great low rate, their proof of coverage will be sent directly to NAF, ready and waiting for our operations teams. No need to go chasing down customers or agents anymore!

CUSTOMER BENEFITS

Digital Marketplace Simplified, online experience to compare, select and bind insurance policies – helping save customers up to 75% less time Detailed Insurance Experts 100+ insurance agents readily available to assist customers with finding and selecting the best policy options Carrier Agnostic Options Allow customers to choose from multiple national carriers, including bundled options, to save and optimize their coverage

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VISIT THE NAF INSURANCE COMPANY PAGE TO LEARN MORE!

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FAQs NAF Insurance is powered by Matic. Who is Matic?

Matic is one of the largest and fastest growing digital insurance agencies in the U.S, offering a transparent, unbiased approach to insurance – all embedded right within the mortgage process.

Matic’s is a tech-enabled insurance marketplace helps you shop insurance across an extensive network of 40+ carriers. To learn more, you can visit Matic.com or compare quotes at nafinsurance.com.

How much does it cost?

NAF Insurance is a totally complementary service. There are no extra fees to work with us, so clients only pay same, state-regulated premiums offered by the insurance carriers.

What types of insurance does NAF Insurance offer?

Being a mortgage company, of course the NAF Insurance focus is on home insurance. However, we can bundle auto, flood, wind, motorcycle, boat, RV, renters, life, pet, and more! Typically, the more a customer bundles, the more they will save.

How do clients get a quote?

NAF Insurance works with Matic to seamlessly embed insurance shopping in the mortgage process. ➢ New mortgage customers will receive an email shortly after providing Intent to Proceed that will direct them to a unique, personal insurance experience, without the need for an application. ➢ They may also call Matic directly at (866) 478-3894 or visit nafinsurance.com. ➢ Existing mortgage customers will receive a series of emails prior to their current policy expiration that will direct them to a unique, personal insurance experience, without the need for an application. ➢ They may also call Matic directly at (866) 875-5103 or visit nafinsurance.com.

Will insurance offers be sent to both new purchase and refinance clients?

Eventually. At this time, only purchase customers will receive the automated insurance journey, but refinance customers are welcome to take advantage of the offering, as we look to include them into the automated process.

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My client purchased a policy through NAF Insurance. How do I get the documents I need?

Once your client purchases their policy, Matic takes care of the paperwork for you! The declarations page and all key insurance information will be uploaded directly into Encompass and be ready and waiting for you.

For existing mortgage loans, Matic will also provide evidence of new insurance directly to NAF. Will getting a quote affect my client’s credit score?

No - getting a quote or purchasing a policy through Matic will not have any impact on credit score.

How much can my client save by shopping with NAF Insurance?

Clients save $500+ annually with Matic on average over their existing policy.

Will Matic sell my client’s information to other companies?

No, Matic will never sell your client’s information, and they won’t be contacted by carriers directly.

How can I refer a customer to Matic?

Warm transfer to (614) 664-7349 or email HOI@matic.com.

How do I request changes to an existing policy?

Call (844) 431-6454 or email closing@matic.com.

What customer information does Matic need for referrals and policy changes?

-

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For sales referrals: Name, phone, email and loan number.

For policy changes: Name, phone, email, loan number and the change being requested.

If there is time sensitivity on either type of request, please include the "need by" info and tag "Urgent Request-NAF" in the subject line.

YOUR PATH TO LOAN APPROVAL Save for a down payment

The more you save, the lower your monthly mortgage payment will be. Link your bank account, monitor your spending, gain spending insights, and create a budget.

Optimize your credit strengthen your credit and correct any errors. Work with a loan coach who knows credit like their ABCs.

Reduce your debt-to-income

The amount of debt you have compared to your income is one of the most important factors for

Why We Are Different • Get a $500 lender credit if you close on a home with New American Funding within two years of signing up with Uqual.

• Get access to 1:1 coaching from a team of experts who is obsessed with your loan success.

• Gain access to a Loan Readiness Score that shows you how close you are to reaching your loan goal.

How Uqual Works

1. WE MAKE A PLAN

It starts with a 1:1 call with an expert, giving you a clear path forward. Using artificial intelligence, we analyze your finances to create a strategy that will guide you on your path to loan readiness.

2. WE WORK TOGETHER

When we’re on your side, you’re on your way. We include an Action Plan that shows you step by step what you need to do to progress towards your goals. Plus, we accompany you to encourage and coach you throughout your journey.

3. YOU BECOME LOAN READY

We don’t just help you achieve your mortgage, we empower your financial future. As you progress in our program, you open new doors of opportunity to create wealth and be the best version of you, relieved of financial stress.

NMLS#6606

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READY TO GET STARTED?

Talk to your New American Funding loan officer today

Introducing QuickQual!

We remain hard at work with our amazing partner, Uqual, to help as many NAF clients and families as possible become loan ready. Today, we’re happy to announce another tool for loan officers to help more borrowers in their home financing journey. This new tool will provide loan officers with a speedy solution for credit score increases of 25 points or less. See below for more details on this outstanding new program!

*No costs for loan officers or borrowers* *No enrollment requirement* *< 24-hour turnaround time* QuickQual Benefits • For borrowers needing minor credit improvements of 25 points or less • Credit solutions directly from a Uqual credit expert within 24 hours • No enrollment requirement or costs for your borrowers • Improved credit scores reduce LLPA costs for your borrower

How to Use QuickQual 1. Log into your Uqual portal, or create one in just minutes.

2. Select Submit Lead then click QuickQual option tab.

3. Within 24 hours a Uqual credit expert will follow up with solutions to help your borrower get the credit boost they need!

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https://vimeo.com/644893650

https://vimeo.com/792393484/db292fb903

Introducing Uqual

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An investment in yourself

Helps clients achieve their goals

Aligns with NAF mission by helping those in underserved communities

Introducing Uqual

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Examines the client’s entire financial situation to analyze and explain what is hurting them financially

Initial free consultation examines the client’s digital assets (including crypto) to calculate the DTI and how it affects saving for down payment

Coaching for financial literacy

Who is Uqual?

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Don’t pay off accounts with the oldest credit history as it hurts rather than helps

Charge off accounts to pay off per how they are affecting the credit score

Advise which accounts to pay down

Credit Optimization

Uqual Support

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$500 lender credit from NAF when customer comes back

Average of 4-5 months to be considered “mortgage ready”

UQUAL gears to qualify for FHA (3.5% down payment)

Human contact more than once a month

FinTech tools to quantify and track progress

Uqual Tools + Lender Credit

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For cold transfer: Referral form: https://uqual.com/new-american-funding-lo (do not need to do both)

For warm transfer: 720-647-2976-goes directly to UQUAL Or Type “Credit” in Interactive Desktop/Genesis Cloud (Warm transfers convert the strongest)

Transferring to Uqual

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The more detail you can give the Uqual agent, the greater the success

nafPath team needs Maxwell or BV lead created to ensure customer comes back to you!

10 – 20% should be loan ready in 4-5 months

Around 3,000 transfers per month goal

NAF Goals

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Email campaign gives the customer the opportunity to click through and sign themselves up

UQUAL nurture email campaign kicks off when lead is inactivated for credit (nafPath will ensure the leads are in the correct status)

nafPath team will monitor all incubating customers and route yours back to you…but they need a lead in the system to do so!

Create a lead in Maxwell or BV

Uqual Workflow

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$500 LC for staying with you / NAF!

LO to follow up with the borrower: if original LO had departed, nafPath will notify the manager for team reassignment

nafPath will change the source code to ensure the $500 lender credit pricing and reassign the customer back to the original LO

All clients returning from UQUAL will be sent to Kley/nafPath

Uqual Workflow

UW TIP OF THE WEEK ALEXIS LYNER

CREDIT POLICY MANAGER/SR. UNDERWRITER Be on the lookout every Friday for the UW Tip of the Week from Alexis Lyner.

In Case You Missed Them... Here are the UW Tips of the Week that have been sent so far...

GIFTS OF EQUITY

Gifts of equity can only be given by family members.

Fannie & Freddie define family members as anyone related to the borrower by blood, marriage, legal adoption, or guardianship; or a fiancé, fiancée, or domestic partner.

FHA defines family members as: child, parent, or grandparent, whether by blood or marriage, legal adoption, or guardianship; spouse or domestic partner; sibling by blood or marriage; aunt or uncle; foster child.

FHA’s definition of family member is more restrictive than Fannie/Freddie. Fiancé/fiancée is NOT considered a family member for FHA, neither is cousin.

RENT CREDITS

If a borrower is currently renting the home they are buying, and the seller intends to give them back a portion of the rent they have paid at closing, the following guidelines apply: The appraiser must provide the fair market rental value of the home. Only the amount the borrower has been paying that exceeds this amount can be credited at closing.

Example: borrower is renting the home for $1200/month. Appraiser states fair market rental is $1000/month. The allowable rent credit is $200 per month. The rent payments must be documented with the original lease reflecting the rent, and cancelled checks or similar documentation for the length of time the borrower has rented.

Note: USDA does not allow rent credits, they are considered a reduction in purchase price. FHA, VA, Fannie, and Freddie all allow.

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LOAN PROGRAM SPOTLIGHT: PATHWAY 100 FOR FHA/USDA

PATHWAY 100 OFFERS A 2ND LIEN FOR 3.5% OR 5% AS DOWN PAYMENT ASSISTANCE ON FHA AND USDA PURCHASES. WHEN TO USE: • BORROWERS WHO NEED DOWN PAYMENT ASSISTANCE IN CONJUNCTION WITH AN FHA OR USDA LOAN. HIGHLIGHTS: • DELEGATED UNDERWRITING – UNDERWRITTEN & CLOSED IN HOUSE • NO INCOME RESTRICTIONS • NO FIRST TIME HOMEBUYER REQUIREMENT • NO DTI LIMIT, PER AUS OR PER MANUAL UW GUIDELINES • DPA IS STRUCTURED AS EITHER 5 YEAR FORGIVABLE OR 10 YEAR REPAYABLE • FUNDS MAY BE USED FOR DOWN PAYMENT, CLOSING COSTS, & PREPAIDS • NO MINIMUM CASH REQUIRED FROM BORROWER • MINIMUM CREDIT SCORE 620 FOR 5 YEAR FORGIVABLE, 660 FOR 10 YEAR REPAYABLE, AND 680 FOR MANUFACTURED HOMES UNDER EITHER PROGRAM. EACH BORROWER MUST HAVE AT LEAST ONE SCORE. • MANUAL UNDERWRITING ALLOWED ON THE 5 YEAR FORGIVABLE PROGRAM ONLY • ELIGIBLE IN ALL NAF LICENSED STATES EXCEPT NEW YORK • 2-1 TEMPORARY BUYDOWNS ELIGIBLE • LOAN MUST BE APPROVED BY UNDERWRITING TO BE LOCKED, MAX LOCK PERIOD IS 15 DAYS • ELIGIBLE PROPERTY TYPES ARE SINGLE FAMILY, CONDO, PUD, MANUFACTURED HOMES. 2 UNIT PROPERTY AVAILABLE FOR FHA ONLY. NO 3-4 UNITS. • NOT ELIGIBLE WITH NAF CASH, NAF OTC, OR FHA 203K • NO ADDITIONAL LIENS ALLOWED BESIDES THE PATHWAY 2ND LIEN; CANNOT BE STACKED WITH BOND PROGRAM OR ANY OTHER DPA THAT RECORDS A SUBORDINATE LIEN.

ALEXIS LYNER

CREDIT POLICY MANAGER/SR. UNDERWRITER

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