CHASE B&C LENDING

The Top 10 Reasons to Choose Chase for All Your Subprime Needs

1. The Superior Resources, Expertise and Financial Strength of Chase

2. Higher Scores = Better Pricing & Credit Enhancements

3. Bank Statement Programs

.t Personal-100% gross deposits ./ Business -75% gross deposits .t 6-24 months to $1 Million

4. 100% (LTV Programs

With Second provided by another institutional lender

.t SFR, PUD, Condo, 2-4 Units ./ Minimum score of 580 (Middle Score)

.t Full or Stated DOC .t Purchase or Cash-Out Refinances

5. Up to 4 Rebate

~ith 5 year prepayment penalty term only

6. Stated Income to 85% LTV .t Wage Earner to 80%

7. Unlimited Cash-Out to 85% LTV

8. JUMBO LOANS to $1 Million

9. Consumer Credit Counseling O.K.

10. Account Executives with Industry Knowledge, Experience and Integrity

For more details, contact your Chase Account Executive today!

THE RIGHT RElATIONSHIP IS EVERYTHING~

for referral sources only. Not for distribution te consumers. ntis is not an advcnlsemcnuo extend consumer credit under Regulation Z. § U6.2. Refer 10 Wllolcs:ue Undef\lTiling Guidelines for oomplelepro~rom del:\il:;. Alll",""

me subicct 10 credit :mdpropertyappror.l. Program terms and condhkms arc subfcOto change ~itllO"1 notice. Nol all products ore ,,-:ill""!a in all states or for allloan amounts, Odler restrictiOnS apply. f."'Pl in New York, all 10'"'" ~ offered through Ouse Morumll:tn Mortgage Corporation ("CMMC"). Llcensed by the Department ofCorpor'tions under d,e Ca1~omi, Residential Monrr~e LcnwngAcl Georgi. Rcsidenti:tl Morlg.1ge Licensee; lllinnis Residential Mongage L5.J

Urens.e; Licensed Mortgage Banker-New JerS"'l Depanment o! Banking; Rhode TsLmd licensed lender and Loan Broker; New Hampshire Ifcense N;617-~1B. This does not representan olfer to enter into • loan agrcemou \\id\ C~l:>!C. 'ou .. "'",._

Co!p(>r:zte h~~; 3431bomail Street, Edison, New Jersty08S37; (732) 205-0600. In New York, loans offered through The ChlSe Mutlttlla!l Bank. ©200lJ,P. Morgan Cb=& Co. All Righls Reserved, 4101 LENDER

o CHASE

NEW STATED EXPANDED PROGRAM!!

Stated Income expanded to allow 1-4lf'amily Expanded line amounts and expanded totallieus

NO PRICING ADD ON NO 4506

SALARIED OR SELF EMPLOYED

NO CLOSING COST WITH NO PREPAYMENT PENALTY NO ASSET VERIFICATION

1 UNIT. CONDO,PUDs - Owner Occupied

CLTY CREDIT RISK SCO'JUL IlT! AMOUNT

100% 740 45% $ 50M

95% 740 45"1.. s 75M

90% 720 45% S100M

85% 7no 4~°.la $10flM

80% 700 45% S150M

75u/o 720 45% S200M

701%, 700 45% S200M

TOTAL LIENS $650M S6S0M $650M S750M S750M S7S0M S750M

2 UNITz Owner Occul!ied
CLTV CREDIT RISK SCORE !IT! a:MOUNT TOTAL LIENS
90% 740 45% SSOM S650M
85% 720 45°/ .. $100M $650M
80% 700 45% SlOOM $750M
75% 700 45% S150M S7S0M
70% 720 45%, $200M $7S0M 3 .. 4 UNIT. Owner O~~upied

CLTV 80%

f;RED{T RISK SCORE DTI AMOUNT TOTAL LIENS

720 45% $lOOM $650M

DO MORE SELL MORE MAKE MORE WITH CHASE!

ACCOUDt Executive C~ity

W 39\:id

7 a

'It

CHASE WHOLESALE LENDING

Chase No Doc

OVERVIEW: Chase No Doc is designed for borrowers with a strong credit profile and a strong property profile. It is best suited for borrowers who are looking for simplified income and asset documentation requirements.

CO-BORROWER • Non-occupant co-borrowers are eligible.
• All borrowers must meet the minimum credit risk score requirement.
• See Product Guide for specific credit risk score requirements.
CONTRIBUTIONS • Permitted on Primary Residence and SecondNacation Home up to maximum of9%.
BY OTHERS • Based on LTV.
• Permitted on non-owner occupied up to a maximum of2% regardless of the LTV.
CREDIT HISTORY • Minimum credit risk score for Second/Vacation Home and Non-Owner-Occupied is
660.
• Minimum credit risk score for primary residence is 660 or 700 depending on LTV.
DOWN PAYMENT & • Listing of assets on any documentation is prohibited and verification is not permitted.
CLOSING COSTS
EMPLOYMENTI • Do not state any employment information, sources of income, income amounts, or
INCOME assets on the 1003.
• Do not perform any VOE.
MAXIMUM LOAN • Maximum LTV up to 95%.
AMOUNT/LTV • Maximum loan amount up to $1,000,000.
• See Product Guide for complete maximum loan amountIL TV matrix.
PROPERTY TYPE • 1-2 UnitIPUD/Condo permitted on primary residence and Non-Owner-Occupied.
• I UnitlPUD/Condo permitted on secondlvacation home.
• Co-ops eligible on primary residence only.
RATIOS • No qualifying ratios.
RESERVES • No reserves required.
• Assets are not required to be stated, nor are they verified.
SUBORDINATE • Permitted on primary residence only.
FINANCING • Must be obtained from an outside lender.
• See Product Guide for complete LTV/CL TV and loan amount restrictions.
PRODUCT CODES • 760 - 30-Year Term
• 745 - IS-Year Term For additional product parameters and underwriting guidelines, please refer to the Wholesale Lending Guide or contact your Chase professional.

Far MI111pge Drpkl!r~ .. nly. Nut fnr dlmlbllthln fa consumers, This is not lin 'ltivl'rtl~cmCh~ 10 extend consumer crcdU as defined hi RC./Illlilliim Z, § 126.2. All ~oan5 are ~ubject to CIodit and p:roperty a'Jlpr.cvll. Prognm terms end eondilimJ~ ire SlIbje.ct 10 change wi~hout notice. NIl1 all preduets are .a\l~il-!l.blc in 11011 ~latC8 [I[' for alilOiln araeenn. Otber restriettcns and limitations apply. Ifthe LTV esceede 80%. Monpgll- InmTlllncc (1VIl} ill required I~d MI Chtfrges OIl"Ply. E.'CoeJII in N~ YOTk, t3n« mQrtgage loon& (lfferml jtrrough ChD!Ie Mllnhltuan MartgaGC CDfl)Of'alinn ("CMMC"). ArizOJ'1I1 M'Mlllgc B3'11k.cr License No. BK. 0904579. LiICCII5(:d bytbe Dcpertment []'rCClrp<lTatilin~ Wldcr the C a nfomia ltcs-ld.e:nlial Mllrt@llgcLel1dtngActlind tbe CRlifornie Consumer Peance lending AI!I; Georgia R.esid~tl:)l Mortgage Lieeasec; Illinois Residential Mru1g.ag-c: Litel'lsec; Ma.'l,-..:Ichusct1s Mortgage Lcn~er LiccnscNa. ML 2009 and MasSl\lhl)~ctt. ... Mortgagc Brckcl- LicetlseNp. M8 2546~ New Hampshire License 1F:56"1H .. mj r.censed 07-2004 Mortgage Benker N~ 11:rSJ:)' Do::pllrtm~t or'Bankmgi Ilhodc !~hl.lld Licen:Sffi Lender and Lalln Broker. In M;nne,~oI3, Ihis does net represent I1:n I)ffer \.0 miter into II loon DgH:ClnCII~ with CMMC. corporate hClldqllaT1er~; ]43 Thoman Street, Edir;:orl. New /e1J~ egSJ7; (7J!) 2OS·0600. In Nc.w York. New Jersey, Pelm.~ylvanja and CDnnecticul.ioons ~I~t> oWer~ throush JPMmgllon Chase Bank. Q ,2004 rPMorgan

Chase'&: Co. All Ri.8h"'~ Reserved

Products and Programs

Wholesale Division

Chase No Doc

General Description: Chase No Doc is designed for borrowers with a strong credit profile and a strong property profile. It is best suited for borrowers who are looking for simplified income and asset documentation requirements.

Topic Chase No Doc
MINIMUM LOAN AMOUNT • None
MAXIMUM LOAN AMOUNT Purchase and NCO Refi to ~650,OOO LTV Minimum FICO
& LTV - PRIMARY 1-2 UnitlPUDICondo $500,000 95% 700
RESIDENCE 1-2 UnitfPUDICondo $650,000 90% 660
Co-op" $333,700 90% 700
Co-op" $650,000 80% 700
=Co-ops Eligible in NYC Only
Purchase and NCO Refl to $1,000,000 LTV FICO
1-2 UnitlPUDICondo $750,000 70% ::;:660
1-2 UnitiPUD/Condo $850,000 65% ::;:660
1-2 UnitiPUDICondo $1,000,000 55% :;:660
NOTES:
• All First Time Homebuyers - single family only.
• See "Geographic Restrictions" topic for eligible states.
Cash-Out Refi to ~650,OOO LTV* FICO
1 UnitiPUD/Condo $650,000 90% 660
2 Unit $500,000 70% 660
Co-op" $650,000 80% 700
*Co-ops Eligible in NYC Only
Cash-Out Reft to ~I,OOO:OOO LTV FICO
1-2 UnitlPUD/Condo $750,000 65% :;:660
1-2 UnitiPUDICondo $850,000 55% :;:660
1-2 U nitiPUDICondo$l ,000,000 50% ::;:660
NOTES:
• Maximum cash-out to borrower limited to $150,000 when LTV> 70%, otherwise
no limit on amount of cash-out to borrower.
• See "Property Type" topic for condo eligibility.
• Cash-out refinance not eligible in Texas on Homestead properties.
• See "Geographic Restrictions" topic for eligible states. July 2004 Lending Guide Update

Chase No Doc - 1

Products and Programs

Wholesale Division

Topic Chase No Doc
MAXIMUM LOAN AMOUNT Purchase and NCO Refi LTV Minimum FICO
&LTV- I-U nit/PUD/Condo $ 500,000 80% 2:,660
SECONDIV ACA TION I Unit/PUD/Condo $ 750,000 70% 2:,660
HOME 1 UnitIPUD/Condo $ 850,000 65% 2:,660
1 UnitIPUD/Condo $1,000,000 55% 2:,660
Cash-Out Refi LTV FICO
1 UnitIPUD/Condo $750,000 65% :::660
1 UnitIPUD/Condo $800,000 55% 2:660
1 Unit/PUDICondo $1,000,000 50% 2:,660
NOTES:
• No limit on amount of cash-out when::: 70% LTV.
• See "Property Type" topic for condo eligibility.
• Cash-out refinance not eligible in Texas on Homestead properties
• See "Geographic Restrictions" topic for eligible states.
MAXIMUM LOAN AMOUNT Purchase and NCO Refi LTV FICO
& LTV - NON-OWNER 1-2 UnitIPUD/Condos $ 500,000 65% .=:,660
OCCUPIED 1-2 UnitIPUD/Condos $ 650,000 55% 2:,660
1-2 Uni1!PUD/Condos $1,000,000 50% ;::660
Cash-Out Refi LTV FICO
1-2 UnitIPUD/Condos $ 500,000 60% ;::660
1-2 UnitIPUD/Condos $1,000,000 50% 2:,660
NOTES:
• No limit on amount of cash-out.
• See "Property Type" topic for condo eligibility.
• Cash-out refinance not eligible in Texas on Homestead properties.
• See "Geographic Restrictions" topic for eligible states. July 2004 Lending Guide Update

Chase No Doc - 2

---~ ---._-----

~ .... CHASE Chase Home Equity ~'.

,.,., . Special Announcement

A Communication for Chase Brokers and Correspondent Lenders April 6,2005

Stated Income Criteria Expanded!

Introduction

In continued efforts to enhance products that are more attractive to borrowers, Chase Home Equity has expanded its Stated Income credit guide] ines. Brokers and Correspondent Lenders should be aware of the expanded home equity loan and line or credit amounts below, which become effective April 7.

Expanded Loan & Line Amounts

What follows descri bes some of the many changes that have been made to the Chase Home Equity Stated Income program, which arc applicable for hoth EasyClose and Standalone products.

Existing Existing COLLATERAL New New
Max Loan Total Lien TYPE M~lX Loan Totul Lien
Amount Amount Amount Amount
$50,000 $650,000 1 Unit I Condo I pun $150,000 $1,000,000
(100% CL TV, 740 Score)
$50,000 $650,000 2 Unit $150,000 $1.500,000
(90% CLTV, 740 Score)
$100,000 $650,000 2 Unitl3 UIlitl4 Unit $200,000 2,000,000
(SO%\ CL TV, 700 Score)
$100,000 $750,000 Co-op: NYC Boroughs $150,000 $2,000,000
(80%, CLTV, 700 Score)
$2000,000 $750,000 Co-op: Other NY Counties $200,000 $2,000,000
(65'% CLTV, 680 Score) PLEASE NOTE: thesefigures do 1101 include all CLTV percentage rote lind credit risk score variations. More for details, please speak wit" your Account Executive, and ask 10 see (III updated version ofthe Chase Credit Policy Guide.

Effective Date

April 7, 2005

Questions

For more information about this matter, or about other policy changes recently made at Chase, please speak with your Account Executive.

This bulletin is for general informational purposes only. It should not be relied upon or treated as legal advice. Any questions regarding information in this bulletin should be directed to your attorney.

I

CHASE HOME FINANCE

I

Copyright @ 2005 JPMorgan Chase & Co. All Rights Reserved,

CHASE B&C LENDING

Got Bank Statements?

Get Approved!

In fact, get lots of approvals with Chase's 24 Months BankStatements Program.

24 Months Bank Statements Program

• Personal OR Business Bank Statements Accepted

• loan amounts up to $1 Million

• Available for All Credit Grades

• Minimum Credit Score of 600 on ASTAR, 500 on AO through C

and 575 on C-

• Owner Occupied, 2nd Home & Investment Properties

• LlV's upto 95%*

• No pricing add-on to rate/margin. No increase in fees/points.

• 1~ 4 Units, Condos & Manufactured homes

• Asset information not required on ASTAR through A~ credit with credit risk scores of 660 or higher (or 640 for AO and A~)

*Higher LW's require a Minimum Credit Risk Score (restrictions apply). See "Minimum Credit Risk Information for Enhanced LTV" on our Product & Credit Matrix.

Get Going! Approvals are waiting! Call your Account Executive today.

(Use our handy 24 Months Bank Statements Checklist/Guide on the back for FAST approvals on your loan submissions.)

THE RIGHT RELATIONSHIP IS EVERYTHING~

for reC£rTal SO"n: .. only. Not for dlslribntion to consumers. This is not an .m·ertisement to estend consumer credil under Regulation Z, § 226.2. Ref.r 10 ~l1Q]<sale Unde ... Tiling Guidelines lor complete program deuils. All ]OallS@ are subject to credasnd property ~ppro'-.I. Program tenus and conditions are !IIbject 10 change lIithout nedce, Not all products 2I'e av>iW>1e in all swes or for all loan amOlUllS. Other restrictions owly. Except in New York, oIl loans

oO"eted tlu-ough (hase ManllallM Mortgage Corporation ("CM1>IC"). Licensed by the Department of Corporations under the Califomial!esidenlial Mortgage lendingACl Georgi:;. Residential Morlgoge Licensee; Illinois ~sidential Mortgage = U_; licensed Mortgage Banker-New Jersey Department olBanking; Rhode [,land licensed Lender and Ulan Broker; New Hampshire Lie en se #567HIll. This does not represent an offer 10 enter inlO a]oan IIgTeement \lith CMMC. E ..... ""' ... CclJpOnle headquarters: 343 TIlomali Street, Edison, New Jmey1lB837; (732) 205·0600. In NewVork, loan, offered tlu-ough The (h.,., Mmh.ttan Bank ©200[ ].P. Morg:tn (h...,&Co. All Righi< Reserved. Rev4/()1 LENDER

CHASE B&C LENDING

Even More Borrowers Qualify With Chase!

Check out our great line-up of no income verification programs.

Stated DOC/Reduced DOC Program Features

• Stated DOC Program

./ No income verification necessary (proof of employment is required) ./ Up to 90% LlV for ASTAR Credit Grade*

./ Up to 85% LlV for AO and A- Credit Grades*

./ Up to 80% LlV for Non Self-employed ASTARt AO and A- Credit Grades** ./ Self-employed 2 years for ASTARto ((redit Grades is O.K •

./ Income taken from application (must be reasonable for line of work)

*With Minimum Credit Risk Score of 660 for ASTAR or 640 for AO and A-. Asset verification required on all LTV's greater than 80%.

*"With Minimum Credit Risk Score of 660 for ASTAR or 640 for AD and A-. Up to 70% LTV available for 8 Credit Grades.

• Reduced DOC Program

./ Last 6 months personal or business bank statements O.K • ./ AU Credit Grades - Self-employed 2 years O.K •

./ Up to 90% llV*** on ASTAR, AO and A- Credit Grades

.r Maximum of 70% LTV for Non Self-employed ASTAR to B Credit Grades

./ Income taken from application or calculated income using cash flow from last 6 months bank statements (whichever is less)

***With Minimum Credit Risk Score of 660 for ASTAR or 640 for AD and A-.

Call Your Chase B&C Account Executive for More Details Today!

TH E RIG HT RELATIO NS HIP IS EVERYTH I NG?'

for memll50un:es only. Not for distribution to consumers. 'Jhis is not an adver!isementlO _nd consumer ttedit under RegUlation Z, § 226.2. Refer to Wb~Jesale Underwriting Guldelints for oorupJete program deIaiIs. A11loiUls

are suhje<! to ae<lil and property approval Program 1enn5 and conditions are subjec\ to change wilhaul no~ce. NO! an produC1S are MiWlIe in an SIaltS or fur an 1= 1mOUnts. OIher restridions '!'Ply. Exceptin New York, an loin. ~ ~ duwgb OIase Manhattan MOl1gage CoIJlOration ("CMMC"). Licensed by the Department of CorporatiollS under !he Californ.ia ResidentWMor1gJge Lending Ad. Georgia ResidenIW Mortgoge JJ<:ensee; Illinois ResidenIW Mor!g:lge L5J u-. LIcmsed MOrlg2ge Banker - N .... Jersey Dtpartment ofBlnking; Rhode Island Ucensa:l Lender snd loin Brokex; New Hampshire Ilcense #S677·MB. This does nOl represent m. to enter Into a.102!l agreement wilh CMMC. <""" ..... ""

(mponIi lJe:adquatlers: 3'13 Thomlll Sired. Edison, New Jersey 08837; (732) 205-0600. In New York, J02IlS offered through The Otose ManMIlan Bank @2001J.P. Morgan Owe 5: Co. All RighlS Reserved. R .. 4101 LENDER

CHASE B&C LENDING

$

$

No

Cash-Out

Limits to

85%LTV!*

$

* Please note, there is a cash-out limit on the following: ~ Manufactured Home Loans- limited to $50,000

• C- Credit Grade Loans - limited to $25,000 (amount is restricted to cash in hand afterconsolidation of al! debts.)

It's like money falling from the sky!

Call your Chase B&C Account Executive today for details.

THE RIGHT RELATIONSHIP IS EVERYTHING~

for referral sources only. Not for distribulion to consumers. This is not an am-efllsemmllO enend consumer credit under Rej;ulruon Z. § 226.2. Reler 10 Wholesole Underv.riting Guidelines for complee program details. AD loans

are $tIbjed.IO credit and propeny approval, Progr3l11lfnns and condilions ore sublecrto change \lithout notice. Not all products are milahle in all SI3.Ies or for all loan amounts. Other resmoions :tpply. Excep[ in New York, all loans ~ ofaecl wwgh OIase M2nha1ml MOrlgage Corpurruo. ("C'llMC"). Lice~ by the Departmen[ of Corpurotinns under the California Residential Mongosel.mding Att. Grorgia Residential Mangose [ken...,; Illinois Residenti'll Mongage 1..5.1 licensee; Lkensed MOrlilage Banker - New Jersey Departmenl of Banking; Rhode lsbnd l.icenstd Lender and Loari Broker; New Hampshire I.ic<flse #5677·MB. lhis does not represent an otrer [0 enter into • loan ogreemen["ilh CMMC. '''"''_ ... Corporafe!t~, 343 Thomall Street, Mison, New Jersey 08837; (732) 205·0600. In New York, loans offered through The Oiase Manhatt:m Bank ©2001j.P. Morgan OJ ase &Co. All Rights Reserved. Rev4l01 LENOER

CHASE S&C LENDING

I

Take an additional 25 bps in rate and margin on a 7 day lock* with Chase's 7 Days Pays Program!

"Re-Iocks are not eligible for this program.

Please note: Loans must be approved and cleared to lock (all conditions met) within 7 calendar days of the decision date, and able to close within the next 10 caiendar days.

For more details, please call the Lock Desk at 1-800-435-9922 or your Chase B&C Account Executive today!

THE RIGHT RELATIONSHIP IS EVERYTHING~

7_DoVS_PoVS_4·01 (WI) For reCerr:ol sources only. Nol roc distribulion 10 consumers. This is nOI an advertistmenl to c:<tend consumer ccedi! under ReguI.tioo Z, § 226.2. Refer to Wholesale Undenlrlling Guidelin", for romplete progmn deWIs. All loans

are subj~lo credil and property approval. Program termS and condition! are subject 10 dlange wi!hoUI notice, Nol all products are mibble in all _ or fDr all 10m amounts, Other re51riClions apply. Except in New York, all loans ~ offered Ihrougb o.lSe Manbuan Monpge CorpoClllion ("CMMC"). Licensed by Ibe Department of CorponJions under !he Califomla R",idential MOl1gJge Lending Ad. Georgia Residential Mortg2Ce Licen",,; Ulinois Residential MOrlgllge L5J

lkmsee; Licensed Mongage B.ru..r- New}e...". Dep:u1mentofBonl<ing; Rhode Island licensed Lender and Loan Broker; New Hampshire ~ '5677-MB. This doesoO! represent an off«lo enter Into a 10m ~ wi1h CMMC. ""''' HOlONG

Corpor~beodqu:u'lers: 343 11lomall Sired, Edison, New}"""!'0S837; (732) 205-0600. In N"",York, loans offered Ihrougb The o.ase ManInttm Bank. @2001}.P.MorganChase&Co. All RigblS Reserved. 4101 LENDER

CHASE B&C LENDING

24 MONTHS BANK STATEMENTS PROGRAM

WITH CREDIT SCORE ENHANCEMENT (/lppliesto.1-2{omilyhomesonly)
GRADE OCCUPANCY MAX. LTV MAX. LOAN AMT.
AO Primary 90% $350,000
640 2nd Home 85% $350,000
Non-Owner 85% $350,000
A- Primary 90% $350,000
640 2nd Home 85% $350,000
Non-Owner 80% $350,000
B Primary 85% $350,000
600 2nd Home 80% $350,000
. Non-Owner 75% $350,000
B- Primary 85% $250,000
600 2nd Home 80% $250,000
Non-Owner 75% $250,000
C Primary 75% $250,000
600 2nd Home 70% $250,000
Non-Owner 65% $250,000 • Loan amounts up to $1,000,000

• LlV's up to 85%, may be enhanced to 90% LTV

• No pricing add-on to rate, margin, feel points

• Available for all credit grades

•. Income must be supported by using either:

.1100% Last 24 mo. average of gross deposits from personal bank statements OR .I 75% of last 24 mo. average of gross deposits from business bank statements Income sources, regardless of the type of income, must be verified for all loans as outlined in "Underwriting Guidelines. II

• Income examples:

.I Self-employed - business license for last 2 years .I Salaried - verbal employment certification

.I Pension Income - confirmation currently receiving social security income. etc.

THE RIGHT RELATIONSHIP IS EVERYTHING~

For referral sourc:rs only. Nol Cor distribution 10 oonsumm. 'Ibis isnOUll2dvenisement III extend consumer credit under ReguIaIion Z. § 226.2. Reler ID Wholes.tle Ihldmmting Guidelines lor rotIIj)lete program del2ih. AIlloiIJIS

lfe subjea III credit ~d propelty approru p,lIgnnl lerms and coodiOOns are SIlbject to change widioUl notice. NOI aD produas are avWble in aD S1aUs or (or aD lo~ 1lllounts. Othel" reslric:!ions apply. Except in New York, III loans ~ dl'md through O1ase Manlulbn Mortgoge Co!pOl"adon ("CMMC"). Licmsed by !he Department of Corponlions under die c.lifomi1 Relideruial Mortgage Lending Act. Georgia ResidcntW Mortgage Ucensee; JIlinois Residendal Mortgage L.!!J

Ucmsee; JJcensed MoiW" Banker- New Jersey DepU1llle!ll ofB:lltking; Rhode I,land Ilceased leader and loan Broker; New Homp.hire !kense '5677·MB. This does not represent an offer 10 entel" inl. aloan ~eemenl wiill CMMC. ", .. , ...,. ..

t;OJpnr.reheadquwlS: 343 ThomaDSlteel, Edison, New]ersey0B837; (732) 20S,0600. In New¥ork, loans ofreredlhrough The01ase M2nb21U/1 Bank. @2001].P.MorgmChase&Co. All Rights Resernd. 4i01 LENDER

CHASE B&C LENDING

MORTGAGE ONLY PROGRAM

MAXIMUM LlV COLLECTIONS, BANKRUPTCYI
CREDIT MAXIMUM MAX MORTGAGE JUDGMENTS &
GRADE OCCUPANCY LOAN AMT. FULL 24Mo RED. Doc DT1 HISTORY CHARGE-OFfS * FORECLOSURES
Ox30 last 12 mo. Discharged over
ASTAR Owner $250,000 85% 80% lx30 last 24 mo. All in the last 24 mos. 3 years from Closing
75% 45% (must be open must be satisfied. Date. Substantial
last 12 months. re-establishment
No rolling allowed). of credit.
1 x 30 last 12 mo. In the last 24 mos; up Discharged over
AO Owner $250,000 80% 80% 75% 50% 2 x30 last 24 mo. to $1,000 cumulative 2 years from Closing
(must be open can remain open. No Date. Substantial
last 12 months.) restrictions if over re-establishment
24 months of credit.
2 x 30 last 12 mo. In the last 24 mos., up Discharged over
A- 4 x30 last 24 mo. to $1,000 cumulative 2 years from Closing
Owner $250,000 75% 75% 65% 50% (must be open can remain open. No Date. Substantial
last 12 months) restrictions if over re-establishment
24 months of credit
3 x 30 last 12 mo. In the last 24 mos., up Discharged over 18
B Owner $250,000 70% 60% 60% 50% 5 x30 last 24 mo. to $2,500 cumulative mos. from Closing
(must be open can remain open. No Date. Substantial
last 12 months) restrictions if over re-establishment
24 months of credit. Minimum Credit Risk Score of 600 required on ASTAR Minimum Credit Risk Score of 500 required on AD through B

• OnLy Mortgage Credit Reviewed

• Installment/Revolving Credit is NOT Reviewed

• Loan-to-Values to 85%

• Loan Amounts to $250,000

• 1% Add-On to A Star. AOt A- and B Rate and Margin

• Not Available on Condos, Manufactured or Small Mixed Use Properties

• Not Eligible for Credit Risk Score Enhancements

"Note: Any debt/lien that effects title, judgments in the last 2 years, foreclosure deficiency & delinquent tax must be satisfied. Medical accounts excluded ifindividual account has balance ($5,000 and is isolated.

caU

,

todaY·

THE RIGHT RELATIONSHIP IS EVERYTHING~

For rerunl SOIlrUS oo1f. Not for distribution to euasnmers. 'Iltis is not an adverlisementlo..rend consumer credil under Regulalion Z. § 226.2. Refer 10 WboJesoIe Ilnderwriting Guidelines for oomple!e progl":IIIl deWis. @ AIIlnans are subject 10 credit and propmy approval Program tems III1d condidons ore subjed 10 mange without norlce. Not aD products are 2I'llihb1e in aD staleS or lor aD Joan amounts. Ddt er restrictions apply. Exc",t In New York. aD =

loans o/fertd througb Chase M2nhal!an Mortgage Co.pm"2tion ("QlMC"). Licensed by the Department of Corpor.oons under the c.lifomla Residential MOrlg2ge lmding AcL Georgi>. Residential Mortgage Ucensre; Illinois ResidentW ,""'- """'''''

Mortgage~; JJcensed Mor1gage BlII1ker - New Jersey DeparUneol oCBanking; Rllode Island Licensed Lender III1d Loan Broker; New Hampshire JJcen.se #5677·MB. this dots nlll represem an offer 10 enler into a Joan agreement LENDER willi CMMC. CoIJlll!1lle h~: 343 Thomall Slreet, Edbon. New Jer5ej' 08837; (732) 205-(1600. In New York, low offered through The ilIase M:uWalWl Bank. ISIZQO I J.P. Morgan ill ase & Co. AD Rights Reserved. Rt:V4i01

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