MORTGAGE RATES
As of September 5, 2008
       
Portfolio Loans
                         
            Down         Cost/$1,000   
  Program Lock Term Rate Points APR** Payment* Term Caps Margin Index*** Borrowed  
   
  30-Year Fixed  60 days 6.250% 0.000 6.261% 20% 360 – – – $6.16  
   
  25-Year Fixed  60 days 5.990% 0.000 5.990% 20% 300 – – – $6.44  
   
  15- Year Fixed  60 days 6.000% 0.000 6.019% 20% 180 – – – $8.44  
   
  3/1 ARM  60 days 5.875% 0.000 5.278% 20% 360 2/3 3.00 CMT1 36 @ $5.76  
                      324 @ $5.47  
   
                      300 @ $5.48  
   
  7/1 ARM 60 days 6.250% 0.000 5.407% 20% 360 5/2/5 2.75 CMT1 84 @ $5.92  
                      276 @ $5.40  
* Lower Down Payments available with the payment of PMI              
** Annual Percentage Rate (APR) for ARM loans may increase after consummation            
*** CMT1=1 Year Treasury Constant Maturity                  
  Jumbo Loans add .25% to the rate                    
  Investment Property ARMS & Fixed Rates to be Sold additional 1.50 points  - Max. LTV 75%        
  Investment Property Fixed Rate Portfolio Loans add .50% to rate - Max. LTV 75%          
  Maximum LTV for Owner-Occupied ARM Loans: 1-2 units 95%, 3-4 units 80%          
  Rates subject to change without notice.                  
   
   
                         
  Conventional Mortgage Loans
                         
            Down         Cost/$1,000   
  Program   Rate Points APR** Payment* Term Caps Margin Index*** Borrowed  
   
  40-Year Fixed  60 days 6.875% 0.000 6.89% 20% 480 – – – $6.12  
  Conforming  
  45 days 6.875% 0.000 6.89% 20% 480 – – – $6.12  
   
  30 days 6.875% 0.000 6.89% 20% 480 – – – $6.12  
   
   
  30-Year Fixed  60 days 6.375% 0.000 6.386% 20% 360 – – – $6.24  
  Conforming 60 days 6.000% 0.763 6.083% 20% 360 – – – $6.00  
    60 days 5.750% 1.995 5.947% 20% 360 – – – $5.84  
   
  45 days 6.375% 0.000 6.39% 20% 360 – – – $6.24  
  45 days 6.125% 0.750 6.21% 20% 360 – – – $6.08  
  45 days 5.875% 1.875 6.06% 20% 360 – – – $5.92  
   
  30 days 6.250% 0.000 6.26% 20% 360 – – – $6.16  
  30 days 6.000% 1.000 6.11% 20% 360 – – – $6.00  
  30 days 5.875% 1.625 6.04% 20% 360 – – – $5.92  
   
  20-Year Fixed  60 days 6.375% 0.000 6.390% 20% 240 – – – $7.38  
  Conforming 60 days 6.000% 1.009 6.141% 20% 240 – – – $7.16  
    60 days 5.875% 1.537 6.082% 20% 240 – – – $7.09  
   
  45 days 6.250% 0.000 6.26% 20% 240 – – – $7.31  
  45 days 6.000% 0.625 6.09% 20% 240 – – – $7.16  
  45 days 5.750% 1.750 5.98% 20% 240 – – – $7.02  
   
  30 days 6.125% 0.000 6.14% 20% 240 – – – $7.24  
  30 days 5.875% 1.000 6.01% 20% 240 – – – $7.09  
  30 days 5.625% 2.000 5.89% 20% 240 – – – $6.95  
   
  15- Year Fixed  60 days 5.875% 0.000 5.894% 20% 180 – – – $8.37  
  Conforming 60 days 5.625% 0.666 5.747% 20% 180 – – – $8.24  
    60 days 5.375% 1.618 5.645% 20% 180 – – – $8.10  
   
  45 days 6.000% 0.000 6.02% 20% 180 – – – $8.44  
  45 days 5.750% 0.750 5.89% 20% 180 – – – $8.30  
  45 days 5.500% 1.625 5.77% 20% 180 – – – $8.17  
   
  30 days 6.000% 0.000 6.02% 20% 180 – – – $8.44  
  30 days 5.750% 0.500 5.85% 20% 180 – – – $8.30  
  30 days 5.500% 1.375 5.73% 20% 180 – – – $8.17