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CALIFORNIA DISCLOSURE OF IMPORTANT LOAN TERMS




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The following rate examples represent a range of Conforming and 'high balance' Jumbo/Conforming first mortgage loans. These rate examples are based on a minimum $350,000 loan amount. 'High balance' Jumbo/Conforming examples are based on a loan amount of $500,000. Rates are applicable to owner-occupied first mortgage loans with a maximum 80% Loan-To-Value. Payment amounts do not include impounds for taxes and property insurance and/or PMI unless otherwise stated. Up to the dollar amount of any Rebate Points due will be a dollar credit towards Borrower Non-Recurring Closing Costs which typically includes escrow, sub escrow, title, appraisal, delivery/courier, tax service, flood certification, recording, wire, notary, processing or document preparation, Lender underwriting and/or other fees. Borrower's typically must pay recurring charges such as accrued interest, taxes, insurance and PMI insurance, if applicable. Other fees such as demand pay off statement fees, reconveyance fees and Subordination fees may apply.

Interest Rates can change without prior notice. Ask us for Current Rate and Program information. Borrowers and properties must qualify for all loans. Conditions and restrictions may apply.

LOAN TYPE RATE APR POINTS

Conforming 30 Year Fixed 360 payments of $1905.70

5.125%

5.225%

0.750

Conforming 30 Year Fixed Structured “No Cost Loan” 360 payments of $1,959.90

5.375%

5.477%

0.750

Conforming 20 Year Fixed 240 payments of $2,285.75

4.875%

5.009%

0.750

Conforming 15 Year Fixed 180 payments of $2,677.48

4.500%

4.669%

0.750

Conforming 5/1 ARM 4.000% Fixed Rate for 60 Months only. APR is subject to increase or decrease after closing.

4.000%

3.729%

0.750

'High Balance' Jumbo/Conforming 30 Year Fixed is 360 payments of $2,799.86

5.375%

5.420%

0.750

'High Balance' Jumbo/Conforming 15 Year Fixed is 180 payments of $3,921.49

4.875%

4.952%

0.750

'High Balance' Jumbo/Conforming 5/1 LIBOR ARM 4.375% Fixed Rate for 60 Months only. APR is subject to increase or decrease after closing.

4.375%

3.864%

0.750


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