November 7, 2007

Pricing Effective 10:00 A.M. EST
Maximum 5 locks after 4:45 p.m.

Broker Price Indication Sheet
5151 Corporate Drive Troy, Michigan 48098
Lock on-line
www.wholesale.flagstar.com
Lock-Ins
(800) 93-RATES
Lock-Ins Fax
(248) 312-LOCK
Main Office
(800) 945-7700
Underwriting
(800) 447-7181

15 Year
5.250
5.375
5.500
5.625
5.750
5.875
6.000
6.125
6.250
6.375
6.500
6.625

Expiration Dates:
10 Day
15 Day
30 Day
50 Day
60 Day

11/19/07
11/23/07
12/07/07
12/27/07
01/07/08

AK, HI, VI
$625,500

2 units

$533,850

$800,775

3 units

$645,300

$967,950

4 units

$801,950

$1,202,925

Agency Fixed Rates (Doc# 5301)
MAXIMUM NET PREMIUM ON CONFORMING FIXED PROGRAMS IS 103.00
10Year Price is = to 15Year Price subtract 0.10 20Year price is = to 30Year price plus 0.125 25Year Price is = to 30Year Price
10 Day
30 Day
50 Day
60 Day
70 Day
90 Day
30 Year
10 Day
30 Day
50 Day
60 Day
70 Day
98.440
98.427
98.413
98.306
98.199
98.086
5.625
97.924
97.890
97.856
97.739
97.621
99.088
99.067
99.047
98.936
98.826
98.705
5.750
98.472
98.431
98.389
98.269
98.148
99.498
99.471
99.444
99.330
99.216
99.089
5.875
99.306
99.258
99.210
99.086
98.963
99.899
99.865
99.831
99.714
99.597
99.462
6.000
99.839
99.784
99.729
99.602
99.474
100.090
100.049
100.008
99.888
99.767
99.626
6.125
100.358
100.297
100.235
100.104
99.973
100.725
100.677
100.629
100.505
100.381
100.233
6.250
100.765
100.697
100.628
100.494
100.360
101.075
101.020
100.966
100.838
100.711
100.556
6.375
101.506
101.431
101.356
101.218
101.080
101.414
101.352
101.290
101.160
101.029
100.867
6.500
101.933
101.851
101.768
101.627
101.486
101.730
101.662
101.593
101.459
101.325
101.156
6.625
102.346
102.257
102.168
102.024
101.879
102.053
101.977
101.902
101.764
101.627
101.451
6.750
102.465
102.369
102.273
102.125
101.977
102.171
102.089
102.006
101.865
101.724
101.542
6.875
103.093
102.991
102.888
102.736
102.585
102.324
102.235
102.146
102.002
101.857
101.668
7.000
103.398
103.288
103.178
103.024
102.869
Fannie Mae 35 and 40 Year Fixed (doc #5313)

35/40 Year 10 Day
30 Day
50 Day
60 Day
70 Day
90 Day
6.125
98.167
98.105
98.043
97.912
97.782
97.620
6.250
98.756
98.687
98.619
98.484
98.350
98.182
6.375
99.339
99.264
99.188
99.051
98.913
98.738
6.500
99.804
99.722
99.640
99.499
99.357
99.175
6.625
100.276
100.186
100.097
99.953
99.808
99.619
6.750
100.586
100.490
100.394
100.246
100.098
99.902
6.875
101.106
101.003
100.901
100.749
100.598
100.395
7.000
101.526
101.416
101.307
101.152
100.997
100.787
7.125
101.752
101.635
101.519
101.361
101.202
100.986
7.250
101.916
101.793
101.670
101.508
101.346
101.123
7.375
102.319
102.189
102.059
101.894
101.729
101.499
7.500
102.505
102.368
102.231
102.063
101.894
101.657
75/25 Option - Agency 30Y, 15Y or Int-Only 10/20 Pricing (doc #5323)
FICO 680-719 subtract 0.50 from price
subtract 0.250 from price
FICO 720+ subtract 0.25 from price
CLTV >95% and FICO <680 subtract 1.125 from price
PITI Abatement - Use 30Y and 15Y Pricing (doc #5409)
No Adj.
EA L1 - add 0.625% to rate EA L2 - add 1.125% to rate

10 Day
99.122
99.584
100.400
101.015
101.319
101.491
102.110
102.228

30 Day
99.061
99.515
100.324
100.933
101.230
101.395
102.008
102.118

50 Day
98.999
99.447
100.249
100.851
101.141
101.299
101.905
102.008

60 Day
98.868
99.312
100.111
100.710
100.996
101.151
101.754
101.854

70 Day
98.738
99.178
99.974
100.569
100.852
101.003
101.602
101.699

30 Year Interest-Only (15Y I-O Term) (doc #5327)
30 Year
6.250
6.375
6.500
6.625
6.750
6.875
7.000
7.125

10 Day
98.824
99.640
100.355
100.559
100.762
101.381
101.600
101.753

30 Day
98.755
99.564
100.273
100.470
100.666
101.278
101.490
101.637

50 Day
98.687
99.489
100.191
100.381
100.570
101.176
101.380
101.520

60 Day
98.552
99.351
100.050
100.236
100.422
101.024
101.226
101.362

70 Day
98.418
99.214
99.909
100.092
100.274
100.873
101.071
101.204

Conforming Loan Adjustments

TX
FL, NY
GA, MD, NC, NJ, OK, PA, TN
AL, AR, AZ, CT, DE, ID, IN, IA, KS, KY, LA, MI, MS, MO,
NE, NH, NM, ND, OH, RI, SC, SD, VA, VT, WA
CA, CO, MA, ME, MT, NV, UT
(CA no escrow waiver fee)
IL, OR, WI
AK, DC, HI, MN, VI, WV, WY
(MN no escrow waiver fee)
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5
Tier 6

Tier 4
Tier 5 (no escrow waiver fee)
Tier 6
Tier 1+
Loan Size
$30,000-$49,999
-0.625
-0.725
-0.825
-0.875
-0.925
-1.000
-1.025
$50,000-$74,999
-0.125
-0.225
-0.325
-0.375
-0.425
-0.500
-0.525
$75,000-$99,999
0.000
-0.100
-0.200
-0.250
-0.300
-0.375
-0.400
$100,000-$124,999
0.125
0.025
-0.075
-0.125
-0.175
-0.250
-0.275
$125,000-$149,999
0.185
0.085
-0.015
-0.065
-0.115
-0.190
-0.215
$150,000+
0.250
0.150
0.050
0
-0.050
-0.125
-0.150
$175,000-$224,999
0.290
0.190
0.090
0.040
-0.010
-0.085
-0.110
(CONV. 30Y, 15Y, SISA, 75/25 and PITI Abatement ONLY)
$225,000-$274,999
0.325
0.225
0.125
0.075
0.025
-0.050
-0.075
(CONV. 30Y, 15Y, SISA, 75/25 and PITI Abatement ONLY)
$275,000+
0.375
0.275
0.175
0.125
0.075
0
-0.025
(CONV. 30Y, 15Y, SISA, 75/25 and PITI Abatement ONLY)
Additional Conforming Low Doc Adjustments (Doc #5302)
SISA
Doc Type Credit Score <= 60% 60.01-70% 70.01-75% 75.01-90% 90.01-95%
Adjustments
700+
- 0.250
- 0.500
-1.125
-1.875
-2.500
Doc #5333
SIVA/NIV
660-699
- 0.375
- 0.750
-1.625
-2.250
N/A
Adjustments to price
NIVA/No
700+
-0.375
-0.750
-1.500
-2.375
-3.500
FICO
Adj
Ratio
660-699
-0.500
-1.000
-1.875
-2.750
N/A
680-699
-0.500
700-719
-0.250
-3.000
NINA
720+
-0.500
-1.000
N/A
-2.000
max 80% LTV
720+
no adj
Cash-Out up to 70% LTV (SIVA/NIVA) subtract .375 from price 2-units add 0.25% to Rate Also use conforming
Cash-Out 70.01 - 75% LTV (SIVA/NIVA) sub. .875 from price 3-4 units add 0.375% to Rate loan adjustments to
Cash-Out 75.01-90% LTV (SIVA/NIVA) sub. 1.25 from price 2nd Home add 0.25% to Rate
the right.
Cash-Out up to 60% (NINA only) subtract 0.50 from price I-O add 0.625% to Rate
Cash-Out 60.01-70% (NINA only) subtract 0.75 from price

Lender Paid Mortgage Insurance

90 Day
97.487
98.007
98.815
99.319
99.812
100.191
100.905
101.304
101.690
101.781
102.382
102.659

30 Year Interest-Only (10Y I-O Term) (doc #5327)
30 Year
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000

State Tier Adjustments
Tier 1+
Tier 1
Tier 2
Tier 3

48 Contiguous States & PR
1 unit
$417,000

Purpose
R/T Refinance subtract .125 from price
C-O Refi <=70% LTV subtract .125 from price (excludes NIV)
C-O Refi 70.01-80% subtract .625 from price (excludes NIV)

C-O Refi 80.01-90% subtract .875 from price
Occupancy
Investment property <=75% subtract 1.00 from price
Investment property 75.01-80% subtract 1.50 from price
Investment property 80.01-90% subtract 2.00 from price
Subordinate Financing
CLTV 90.01-95% subtract .25 from price
LTV 75.01-90% FICO < 700 subtract .25 from price (non I-O ONLY)

LTV >65% All FICO subtract .25 from price (I-O ONLY)
Mfg. Housing (Agency Fixed products only)
Mfg Housing RT Refi/Purchase subtract 1.5 from price
Mfg Housing CO Refi subtract 2.0 from price
LTV (FNMA Interest-Only)
>90% LTV subtract .25 from price
Multi-Unit
2 units 90.01-95% LTV subtract .50 from price
3-4 units subtract 1.5 from price
NY Transfer Tax
subtract .25 from price (NY properties only)
Loans Closing in the name of "Flagstar Bank"
subtract .05 from price

For all products: Only loans authorized by
Flagstar in the following states. (CA, CT, FL, IA, MA, MD, ME, MI, NC,
NH, NJ, NY, PA, RI, SC, VA, VT, WV)

FREDDIE MAC ALT 97
subtract .75 from price
Temporary Buydown (30Y, 15Y, 75/25 Only)
1-0 subtract 0.875 from price
2-1 subtract 2.75 from price

(Only available through Radian, Genworth and MGIC)

Please check the product description for product eligibility as not all price adjustments are effective for all products.
Conf. 30, 35, 40Y Fixed & 5/1, 7/1, 10/1 ARMs
Conf. 10, 15, 20, 25Y Fixed
Adjustments: (For All Products)
LTV
620-659 660-679 680-699
700+
620-659 660-679 680-699
700+
620-659 660-679 680-699
700+
<=85.00
-0.830
-0.700
-0.700
-0.480
-0.680
-0.550
-0.550
-0.330 2nd Home
-0.200
-0.200
-0.200
-0.100
85.01-90
-1.700
-1.500
-1.100
-0.950
-1.100
-1.000
-0.870
-0.790 Invest
-1.040
-1.040
-0.350
-0.350
90.01-95
-2.500
-2.000
-1.450
-1.200
-1.950
-1.900
-1.250
-1.080 CO Refi
-0.200
-0.200
-0.200
-0.200
-3.500
-2.850
-1.850
-1.600
-2.500
-2.480
-1.600
-1.380
95.01-100
Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of Reg. Z. or in applicable State or local predatory lending laws).
Flagstar Bank is not privy to negotiations with individual borrowers. It is the responsibility of the broker/correspondent to discern the appropriateness of the loan
program chosen with regard to the individual borrower’s needs and circumstances. Please refer to our High Cost Home Loan Policy, Doc. 4612 for further
information.
Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and conforming products in NY
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE

November 7, 2007
Pricing Effective 10:00 A.M. EST
Maximum 5 locks after 4:45 p.m.

Broker Price Indication Sheet
5151 Corporate Drive Troy, Michigan 48098
Lock on-line
www.wholesale.flagstar.com
Lock-Ins
(800) 93-RATES
Lock-Ins Fax
(248) 312-LOCK
Main Office
(800) 945-7700
Underwriting
(800) 447-7181

Expiration Dates:
10 Day
15 Day
30 Day
50 Day
60 Day

48 Contiguous States & PR
1 unit
$417,000

11/19/07
11/23/07
12/07/07
12/27/07
01/07/08

AK, HI, VI
$625,500

2 units

$533,850

3 units

$645,300

$967,950

4 units

$801,950

$1,202,925

$800,775

Agency Expanded Approval and A Minus Programs
MAXIMUM NET PREMIUM ON EXPANDED APPROVAL FIXED PROGRAMS IS 103.00
Offsheet Pricing Available in Loantrac and Price Quote

Expanded Approval Level 1 (doc #5326)
15 Year
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250

10 Day
97.815
98.463
98.873
99.274
99.465
100.100
100.450
100.789
101.105
101.428
101.546
101.699

30 Day
97.802
98.442
98.846
99.240
99.424
100.052
100.395
100.727
101.037
101.352
101.464
101.610

50 Day
97.788
98.422
98.819
99.206
99.383
100.004
100.341
100.665
100.968
101.277
101.381
101.521

60 Day
97.681
98.311
98.705
99.089
99.263
99.880
100.213
100.535
100.834
101.139
101.240
101.377

15 Year
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250
7.375
7.500
7.625
7.750

10 Day
97.690
98.338
98.748
99.149
99.340
99.975
100.325
100.664
100.980
101.303
101.421
101.574

30 Day
97.677
98.317
98.721
99.115
99.299
99.927
100.270
100.602
100.912
101.227
101.339
101.485

50 Day
97.663
98.297
98.694
99.081
99.258
99.879
100.216
100.540
100.843
101.152
101.256
101.396

60 Day
97.556
98.186
98.580
98.964
99.138
99.755
100.088
100.410
100.709
101.014
101.115
101.252

70 Day
97.574
98.201
98.591
98.972
99.142
99.756
100.086
100.404
100.700
101.002
101.099
101.232

30 Year
6.250
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250
7.375
7.500
7.625

10 Day
97.299
97.847
98.681
99.214
99.733
100.140
100.881
101.308
101.721
101.840
102.468
102.773

30 Day
97.265
97.806
98.633
99.159
99.672
100.072
100.806
101.226
101.632
101.744
102.366
102.663

50 Day
97.231
97.764
98.585
99.104
99.610
100.003
100.731
101.143
101.543
101.648
102.263
102.553

60 Day
97.114
97.644
98.461
98.977
99.479
99.869
100.593
101.002
101.399
101.500
102.111
102.399

70 Day
96.996
97.523
98.338
98.849
99.348
99.735
100.455
100.861
101.254
101.352
101.960
102.244

10 Day
97.174
97.722
98.556
99.089
99.608
100.015
100.756
101.183
101.596
101.715
102.343
102.648

30 Day
97.140
97.681
98.508
99.034
99.547
99.947
100.681
101.101
101.507
101.619
102.241
102.538

50 Day
97.106
97.639
98.460
98.979
99.485
99.878
100.606
101.018
101.418
101.523
102.138
102.428

60 Day
96.989
97.519
98.336
98.852
99.354
99.744
100.468
100.877
101.274
101.375
101.986
102.274

70 Day
96.871
97.398
98.213
98.724
99.223
99.610
100.330
100.736
101.129
101.227
101.835
102.119

Expanded Approval Level 2 (doc #5326)

Exp App Level 1 5/1 LIBOR ARM

70 Day
97.449
98.076
98.466
98.847
99.017
99.631
99.961
100.279
100.575
100.877
100.974
101.107

Exp App Level 2 5/1 LIBOR ARM

30 Year
6.750
6.875
7.000
7.125
7.250
7.375
7.500
7.625
7.750
7.875
8.000
8.125

Flex with Sub Fin/Exp App Level 1 (doc #5324)

Maximum Premium is 101.50
30 Year
30 Day
50 Day
70 Day
30 Day
50 Day
70 Day
6.750
6.125
98.911
98.786
98.436
6.625
98.661
98.536
98.186
6.875
6.250
99.230
99.105
98.755
6.750
98.980
98.855
98.505
7.000
6.375
99.526
99.401
99.051
6.875
99.276
99.151
98.801
7.125
6.500
99.801
99.676
99.326
7.000
99.551
99.426
99.076
7.250
6.625
100.054
99.929
99.579
7.125
99.804
99.679
99.329
7.375
6.750
100.287
100.162
99.812
7.250
100.037
99.912
99.562
7.500
6.875
100.507
100.382
100.032
7.375
100.257
100.132
99.782
7.625
7.000
100.722
100.597
100.247
7.500
100.472
100.347
99.997
7.750
7.125
100.931
100.806
100.456
7.625
100.681
100.556
100.206
7.875
Margin = 3.00% Caps = 2/2/6 Doc #5326 For Offsheet Pricing see Loantrac or Price Quote 8.000

10 Day
97.847
98.681
99.214
99.733
100.140
100.881
101.308
101.721
101.840
102.468
102.773

30 Day
97.806
98.633
99.159
99.672
100.072
100.806
101.226
101.632
101.744
102.366
102.663

50 Day
97.764
98.585
99.104
99.610
100.003
100.731
101.143
101.543
101.648
102.263
102.553

60 Day
97.644
98.461
98.977
99.479
99.869
100.593
101.002
101.399
101.500
102.111
102.399

70 Day
97.523
98.338
98.849
99.348
99.735
100.455
100.861
101.254
101.352
101.960
102.244

Expanded Approval Level 3 and Timely Payment Rewards Programs (Doc #5326)
EA L3 and TPR L2 & L3 Now Available to Lock Online. Buyups/Buydowns NOT Available
30 Year EA Level 3
30 Year TPR Level 2
30 Year TPR Level 3
Rate
30 Day
60 Day
Rate
30 Day
60 Day
Rate
30 Day
60 Day
7.250
97.703
97.578
6.875
96.932
96.807
7.375
96.932
96.807
7.375
98.248
98.123
7.000
97.506
97.381
7.500
97.503
97.378
7.500
98.792
98.667
7.125
98.049
97.924
7.625
98.050
97.925
7.625
99.335
99.210
7.250
98.598
98.473
7.750
98.596
98.471
7.750
99.824
99.699
7.375
99.131
99.006
7.875
99.134
99.009
7.875
100.251
100.126
7.500
99.586
99.461
8.000
99.580
99.455
8.000
100.683
100.558
7.625
100.001
99.876
8.125
100.002
99.877
8.125
101.113
100.988
7.750
100.430
100.305
8.250
100.430
100.305
8.250
101.482
101.357
7.875
100.850
100.725
8.375
100.848
100.723
15 Year EA Level 3
15 Year TPR Level 2
15 Year TPR Level 3
Rate
30 Day
60 Day
Rate
30 Day
60 Day
Rate
30 Day
60 Day
7.375
99.821
99.696
7.125
99.570
99.445
7.625
99.572
99.447
7.500
100.202
100.077
7.250
99.947
99.822
7.750
99.945
99.820
7.625
100.587
100.462
7.375
100.324
100.199
7.875
100.322
100.197
7.750
100.838
100.713
7.500
100.508
100.383
8.000
100.505
100.380
7.875
100.973
100.848
7.625
100.629
100.504
8.125
100.629
100.504
8.000
101.103
100.978
7.750
100.755
100.630
8.250
100.754
100.629
8.125
101.233
101.108
7.875
100.875
100.750
8.375
100.878
100.753
8.250
101.346
101.221
8.000
100.979
100.854
8.500
100.976
100.851
8.375
101.439
101.314
8.125
101.072
100.947
8.625
101.073
100.948

Freddie Mac A-Minus Level 1 (Doc# 5303)
Maximum Premium on all Levels is 101.5
10 Year pricing = 15 Year Pricing
20 Year Pricing = 30 Year Pricing
7 Year
10 Day
30 Day
50 Day
15 Year
10 Day
30 Day
50 Day
60 Day
30 Year
10 Day
30 Day
50 Day
5.000
95.673
95.673
95.673
6.000
99.676
99.622
99.567
99.439
6.500
99.979
99.896
99.814
5.125
96.089
96.082
96.075
6.125
99.940
99.878
99.817
99.686
6.625
100.392
100.303
100.214
5.250
96.232
96.218
96.204
6.250
100.105
100.036
99.968
99.833
6.750
100.498
100.402
100.306
5.375
96.873
96.852
96.831
6.375
100.379
100.304
100.229
100.091
6.875
101.104
101.001
100.898
5.500
97.399
97.372
97.345
6.500
100.633
100.551
100.468
100.327
7.000
101.570
101.461
101.351
5.625
97.803
97.769
97.734
6.625
100.755
100.666
100.577
100.432
7.125
101.786
101.670
101.553
5.750
98.134
98.093
98.052
6.750
100.960
100.864
100.768
100.620
7.250
101.875
101.752
101.628
5.875
98.525
98.477
98.429
6.875
101.103
101.000
100.898
100.746
7.375
102.396
102.266
102.136
6.000
98.678
98.623
98.568
7.000
101.266
101.156
101.047
100.892
7.500
102.678
102.541
102.404
6.125
98.781
98.719
98.658
7.125
101.287
101.170
101.054
100.896
7.625
102.759
102.615
102.471
6.250
98.943
98.874
98.806
7.250
101.473
101.350
101.227
101.065
7.750
103.254
103.103
102.952
6.375
99.059
98.983
98.908
7.375
101.559
101.429
101.299
101.134
7.875
103.320
103.162
103.004
6.500
99.455
99.372
99.290
7.500
101.721
101.585
101.448
101.279
8.000
103.541
103.376
103.212
6.625
99.721
99.631
99.542
7.625
101.950
101.806
101.662
101.490
8.125
103.706
103.534
103.363
Level 2 subtract 0.75 from price
Level 2 subtract 0.75 from price
Level 2 subtract 0.75 from price
Level 3 subtract 1.50 from price
Level 3 subtract 1.50 from price
Level 3 subtract 1.50 from price
Level 4 subtract 3.0 from price
Level 4 subtract 3.0 from price
Level 4 subtract 3.0 from price
Level 5 subtract 3.625 from price
Level 5 subtract 3.625 from price
Level 5 subtract 3.625 from price

State Tier Adjustments
Tier 1+
Tier 1
Tier 2
Tier 3

TX
FL, NY
GA, MD, NC, NJ, OK, PA, TN
AL, AR, AZ, CT, DE, ID, IN, IA, KS, KY, LA, MI, MS, MO,
NE, NH, NM, ND, OH, RI, SC, SD, VA, VT, WA
CA, CO, MA, ME, MT, NV, UT
(CA no escrow waiver fee)
IL, OR, WI
AK, DC, HI, MN, VI, WV, WY
(MN no escrow waiver fee)
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5
Tier 6

Tier 4
Tier 5 (no escrow waiver fee)
Tier 6
Tier 1+
Loan Size
$30,000-$49,999
-0.625
-0.725
-0.825
-0.875
-0.925
-1.000
-1.025
$50,000-$74,999
-0.125
-0.225
-0.325
-0.375
-0.425
-0.500
-0.525
$75,000-$99,999
0.000
-0.100
-0.200
-0.250
-0.300
-0.375
-0.400
$100,000-$124,999
0.125
0.025
-0.075
-0.125
-0.175
-0.250
-0.275
$125,000-$149,999
0.185
0.085
-0.015
-0.065
-0.115
-0.190
-0.215
$150,000+
0.250
0.150
0.050
0
-0.050
-0.125
-0.150
Additional Flex/EA and Flex/TPR Product Adjustments
LTV
95.01-97% LTV subtract .50 from price
97.01-100% LTV subtract 1.00 from price
**Only loans authorized by Flagstar in the following states (CA, CT, FL, IA, MA, MD, ME, MI, NC, NH,
NJ, NY, PA, RI, SC, VA, VT, WV)

60 Day
99.673
100.069
100.158
100.747
101.196
101.395
101.467
101.971
102.235
102.299
102.777
102.826
103.030
103.177

Conforming Loan Adjustments
Purpose
C-O Refi 70.01-80% LTV subtract .50 from price
C-O Refi 80.01-90% LTV subtract .75 from price
Cash-Out Condo Level II subtract 0.50 from price (EA/TPR L2&L3 only)

Subordinate Financing
> 90% CLTV subtract .25 from price (Fixed)
>=90% CLTV subtract .25 from price (ARMs)
LTV 75.01-90% FICO < 700 subtract .25 from price
Multi-Unit
2-units 90.01-95% LTV subtract .50 from price
3-4 units subtract 1.50 from price
Occupancy
Investment property <=75% subtract 1.00 from price
Investment property 75.01-80% subtract 1.50 from price
Investment property 80.01-90% subtract 2.00 from price
NY Transfer Tax
subtract .25 from price (NY properties only)
Loans closing in the name of "Flagstar Bank"
subtract .05 from price **see below for applicable states
Credit Score (FHLMC A Minus)
<580 Credit Score subtract .50 from price

Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and conforming products in NY

Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of Reg. Z. or in applicable State or local predatory lending
laws). Flagstar Bank is not privy to negotiations with individual borrowers. It is the responsibility of the broker/correspondent to discern the appropriateness of the
loan program chosen with regard to the individual borrower’s needs and circumstances. Please refer to our High Cost Home Loan Policy, Doc. 4612 for further
information.
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE

November 7, 2007
Pricing Effective 10:00 A.M. EST
Maximum 5 locks after 4:45 p.m.

Broker Price Indication Sheet
5151 Corporate Drive Troy, Michigan 48098
Lock on-line
www.wholesale.flagstar.com
Lock-Ins
(800) 93-RATES
Lock-Ins Fax
(248) 312-LOCK
Main Office
(800) 945-7700
Underwriting
(800) 447-7181

Expiration Dates:
10 Day
15 Day
30 Day
50 Day
60 Day

11/19/07
11/23/07
12/07/07
12/27/07
01/07/08

48 Contiguous States & PR
1 unit
$417,000

AK, HI, VI
$625,500

2 units

$533,850

$800,775

3 units

$645,300

$967,950

4 units

$801,950

$1,202,925

Agency Flex, MyCommunity and Home Possible Fixed Products
Maximum Net Premium on Flex Fixed and MyCommunity Products is 103.00. Offsheet Pricing Available in Loantrac and Price Quote
MyCommunity Products Include 97, 100, 2-Family and 3/4 Family. Additionally, includes all MyCommunity Solutions Products

Fannie Mae Flex 97 (35% MI) and Flex 100 (35% MI)

FNMA Flex w/ Subordinate Financing

30 Year
10 Day
30 Day
50 Day
60 Day
70 Day
5.625
97.299
97.265
97.231
97.114
96.996
5.750
97.847
97.806
97.764
97.644
97.523
Flex 97
5.875
98.681
98.633
98.585
98.461
98.338
doc #5321
6.000
99.214
99.159
99.104
98.977
98.849
6.125
99.733
99.672
99.610
99.479
99.348
Flex 100
6.250
100.140 100.072 100.003
99.869
99.735
doc #5324
6.375
100.881 100.806 100.731 100.593 100.455
6.500
101.308 101.226 101.143 101.002 100.861
Flex w/ Sub. Fin.
6.625
101.721 101.632 101.543 101.399 101.254
doc #5324
6.750
101.840 101.744 101.648 101.500 101.352
6.875
102.468 102.366 102.263 102.111 101.960
7.000
102.773 102.663 102.553 102.399 102.244
For Flex 15Y pricing, see 15Y Fixed (pg 1) and subtract 0.625 from price

30 Year
5.625
5.750
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000

10 Day
96.799
97.347
98.181
98.714
99.233
99.640
100.381
100.808
101.221
101.340
101.968
102.273

30 Day
96.765
97.306
98.133
98.659
99.172
99.572
100.306
100.726
101.132
101.244
101.866
102.163

50 Day
96.731
97.264
98.085
98.604
99.110
99.503
100.231
100.643
101.043
101.148
101.763
102.053

60 Day
96.614
97.144
97.961
98.477
98.979
99.369
100.093
100.502
100.899
101.000
101.611
101.899

70 Day
96.496
97.023
97.838
98.349
98.848
99.235
99.955
100.361
100.754
100.852
101.460
101.744

For 15Y pricing, see 15Y Agency Fixed (pg 1) and sub 1.125 from price

MyCommunity 30-Year

MyCommunity 30-Year Interest-Only

30 Year
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000

10 Day
98.056
98.589
99.108
99.515
100.256
100.683
101.096
101.215

30 Day
98.008
98.534
99.047
99.447
100.181
100.601
101.007
101.119

50 Day
97.960
98.479
98.985
99.378
100.106
100.518
100.918
101.023

60 Day
97.836
98.352
98.854
99.244
99.968
100.377
100.774
100.875

70 Day
97.713
98.224
98.723
99.110
99.830
100.236
100.629
100.727

7.125
7.250

101.843
102.148

101.741
102.038

101.638
101.928

101.486
101.774

101.335
101.619

40 Year

10 Day

30 Day

50 Day

60 Day

70 Day

7.375
7.500
7.625
7.750
7.875
8.000
8.125
8.250

99.942
100.352
100.689
100.747
100.817
100.887
100.981
101.083

99.812
100.215
100.545
100.597
100.660
100.722
100.810
100.905

99.682
100.078
100.401
100.446
100.502
100.558
100.639
100.727

99.517
99.909
100.229
100.271
100.324
100.376
100.453
100.538

99.352
99.741
100.057
100.095
100.145
100.194
100.267
100.349

My
Community
doc #5325

7.375
7.500
7.625
7.750

100.502
100.666
101.069
101.255

30 Day
98.014
98.472
98.936
99.240
99.753
100.166

50 Day
97.938
98.390
98.847
99.144
99.651
100.057

60 Day
97.801
98.249
98.703
98.996
99.499
99.902

70 Day
97.663
98.107
98.558
98.848
99.348
99.747

100.385
100.543
100.939
101.118

100.269
100.420
100.809
100.981

100.111
100.258
100.644
100.813

99.952
100.096
100.479
100.644

Home Possible (doc # 5335)

Freddie Mac 100 15 Year (doc #5334)

Freddie Mac 80/20 (doc #5334)
10 Day
98.483
98.890
99.631
100.058
100.471
100.590
101.218
101.523
101.814
101.942
102.070

30 Day
98.422
98.822
99.556
99.976
100.382
100.494
101.116
101.413
101.697
101.819
101.940

50 Day
98.360
98.753
99.481
99.893
100.293
100.398
101.013
101.303
101.581
101.695
101.810

60 Day
98.229
98.619
99.343
99.752
100.149
100.250
100.861
101.149
101.422
101.534
101.645

For 15Y pricing, see 15Y Agency (pg 1) and subtract 1.875 from price

15 Year
5.500
5.625
5.750
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750
6.875

10 Day
98.748
99.149
99.340
99.975
100.325
100.664
100.980
101.303
101.421
101.574
101.654
101.782

30 Day
98.721
99.115
99.299
99.927
100.270
100.602
100.912
101.227
101.339
101.485
101.558
101.680

50 Day
98.694
99.081
99.258
99.879
100.216
100.540
100.843
101.152
101.256
101.396
101.462
101.577

State Tier Adjustments
Tier 1+
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5 (no escrow waiver fee)
Tier 6
Tier 1+
Loan Size
$30,000-$49,999
-0.625
$50,000-$74,999
-0.125
$75,000-$99,999
0.000
$100,000-$124,999
0.125
$125,000-$149,999
0.185
$150,000+
0.250

30 Day
97.811
98.265
99.074
99.683
99.980
100.145
100.758
100.868

50 Day
97.749
98.197
98.999
99.601
99.891
100.049
100.655
100.758

60 Day
97.618
98.062
98.861
99.460
99.746
99.901
100.504
100.604

70 Day
97.488
97.928
98.724
99.319
99.602
99.753
100.352
100.449

MyCommunity 35-Year Interest-Only
35 Year
7.250
7.375
7.500
7.625
7.750
7.875
8.000
8.125

Pricing based off Agency Fixed on page 1
Adjustments do not apply to "3% Borrower Cash" Products
LTV <= 95% subtract 1.50 from price
LTV 95.01-97% subtract 1.85 from price
LTV > 97% subtract 2.00 from price
30 Year
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250
7.375

10 Day
97.872
98.334
99.150
99.765
100.069
100.241
100.860
100.978

MyCommunity 40-Year Interest-Only

MyCommunity 35/40-Year
35/40 Year 10 Day
6.625
98.089
6.750
98.554
6.875
99.026
7.000
99.336
7.125
99.856
7.250
100.276

30 Year
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250

10 Day
99.558
99.954
100.356
100.640
100.748
100.823
100.888
100.978

30 Day
99.434
99.824
100.219
100.496
100.597
100.665
100.724
100.807

50 Day
99.311
99.693
100.082
100.352
100.447
100.508
100.560
100.635

60 Day
99.149
99.528
99.913
100.180
100.271
100.329
100.377
100.450

Freddie Mac 100 30 Year

70 Day
98.988
99.363
99.745
100.008
100.096
100.150
100.195
100.264

(doc #5334)

30 Year
10 Day
30 Day
50 Day
60 Day
6.000
98.839
98.784
98.729
98.602
6.125
99.358
99.297
99.235
99.104
6.250
99.765
99.697
99.628
99.494
6.375
100.506 100.431 100.356 100.218
6.500
100.933 100.851 100.768 100.627
6.625
101.346 101.257 101.168 101.024
6.750
101.465 101.369 101.273 101.125
6.875
102.093 101.991 101.888 101.736
7.000
102.398 102.288 102.178 102.024
7.125
102.689 102.572 102.456 102.297
7.250
102.817 102.694 102.570 102.409
For 20Y pricing, see add 0.125 to 30Y pricing

Conforming Loan Adjustments

TX
FNMA Flex 97 (18% MI) add 0.375% to Flex 97 (35% MI) rate
FNMA Flex 100 (25% MI) add 0.375% to Flex 100 (35% MI) rate
FL, NY
GA, MD, NC, NJ, OK, PA, TN
Interest-Only (Flex products ONLY)
Use 30Y Interest-Only (10Y I-O Term) Pricing on 1st page
AL, AR, AZ, CT, DE, ID, IN, IA, KS, KY, LA, MI, MS, MO,
NE, NH, NM, ND, OH, RI, SC, SD, VA, VT, WA
FICO <=680 subtract 1.00 from price (Flex 97, 100)
CA, CO, MA, ME, MT, NV, UT
(CA no escrow waiver fee)
FICO >680 subtract 0.50 from price (Flex 97, 100)
IL, OR, WI
Subtract 1.125 from price (Flex w/ sub. Fin.)
AK, DC, HI, MN, VI, WV, WY
(MN no escrow waiver fee)FICO (All Flex 100 and 97 products, excludes I-O)
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5
Tier 6 <=680 subtract 0.50 from price
Purpose
-0.725
-0.825
-0.875
-0.925
-1.000
-1.025 Rate/Term Refinance subtract .125 from price
-0.225
-0.325
-0.375
-0.425
-0.500
-0.525 ****Excludes Flex w/Sub Fin/EA Level1
-0.100
-0.200
-0.250
-0.300
-0.375
-0.400 LTV (2-Family Products only)
0.025
-0.075
-0.125
-0.175
-0.250
-0.275 >95% LTV add 0.25% to rate
0.085
-0.015
-0.065
-0.115
-0.190
-0.215 All Subordinate Financing
0.150
0.050
0
-0.050
-0.125
-0.150 Comm 97, 2-Family subtract 0.50 from price

Lender Paid Mortgage Insurance (MyCommunity and Home Possible Products)
Please check the product description for product eligibility as not all price adj are effective for all
products. Available through Radian, RMIC, Genworth & MGIC.

Home Pos FICO <700 subtract 0.75 from price
Home Pos FICO >=700 subtract 0.50 from price
3-4 Units (Home Possible 97 ONLY)
LTV 90.01-95% subtract 1.00 from price
NY Transfer Tax
subtract .25 from price (NY properties ONLY)
LPMI (Flex 97, 100 and Freddie Products)
See Adjustments On Page 1
Temporary Buydown (MCM only)
2-1 subtract 2.75 from price
Loans closing in the name of "Flagstar Bank"
subtract .05 from price **see below for applicable states
**CA, CT, FL, IA, MA, MD, ME, MI, NC, NH, NJ, NY,
PA, RI, SC, VA, VT, WV)
PITI Abatement Option (doc #5325)
MCM 97, 100, 2-Family ONLY - no adjustment

30, 35, 40Y Fixed & 5/1, 7/1 ARMs
25Y Fixed
LTV
620-659 660-679 680-699
700+
620-659 660-679 680-699
700+
-0.610
-0.550
-0.550
-0.400
-0.460
-0.400
-0.400
-0.250
<=85.00
-1.010
-0.800
-0.800
-0.510
-0.860
-0.650
-0.650
-0.360
85.01-90
-1.650
-1.270
-1.050
-0.730
-1.200
-1.120
-0.950
-0.580
90.01-95
-2.100
-2.100
-1.200
-1.000
-1.400
-1.400
-1.090
-0.850
95.01-97
-2.250
-2.250
-1.300
-1.100
-1.500
-1.500
-1.160
-0.950
97.01-100
2-1 Buydown 30, 35, 40Y Fixed & 5/1, 7/1 ARMs
2-1 Buydown 25Y Fixed
LTV
620-659 660-679 680-699
700+
620-659 660-679 680-699
700+
-0.770
-0.730
-0.700
-0.450
-0.550
-0.550
-0.450
-0.300
<=85.00
-1.240
-0.980
-0.940
-0.580
-0.900
-0.750
-0.700
-0.590
85.01-90
-1.910
-1.580
-1.230
-0.870
-1.380
-1.360
-1.050
-0.610
90.01-95
-2.460
-2.130
-1.540
-1.280
-1.750
-1.710
-1.220
-0.900
95.01-97
-2.270
-1.650
-1.410
-1.880
-1.840
-1.270
-1.010
97.01-100 -2.650
Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of Reg. Z. or in applicable State or local predatory lending
laws). Flagstar Bank is not privy to negotiations with individual borrowers. It is the responsibility of the broker/correspondent to discern the appropriateness of
the loan program chosen with regard to the individual borrower’s needs and circumstances. Please refer to our High Cost Home Loan Policy, Doc. 4612 for
further information.
Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and conforming products in NY

Key Indices:
Sep. 10-Year Yield
Oct. 10-Year Yield

4.480
4.690

Sep. 20-Year Yield
4.760
12 Month LIBOR
Oct. 20-Year Yield
4.980
6 Month LIBOR
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE

4.635
4.839

MTA
Prime
1 Year T-Bill/CMT

4.863
7.500
3.930

November 7, 2007
Pricing Effective 10:00 A.M. EST
Maximum 5 locks after 4:45 p.m.

Broker Price Indication Sheet
5151 Corporate Drive Troy, Michigan 48098
Lock on-line
www.wholesale.flagstar.com
Lock-Ins
(800) 93-RATES
Lock-Ins Fax
(248) 312-LOCK
Main Office
(800) 945-7700
Underwriting
(800) 447-7181

Expiration Dates:
10 Day
15 Day
30 Day
50 Day
60 Day

11/19/07
11/23/07
12/07/07
12/27/07
01/07/08

Key Indices
1 Yr CMT
3.930
6 Month
4.839
LIBOR
1 Year
4.635
LIBOR

48 Contiguous States & PR
1 unit
$417,000

AK, HI, VI
$625,500

2 units

$533,850

$800,775

3 units

$645,300

$967,950

4 units

$801,950

$1,202,925

Agency ARM and Balloon Products
Maximum Net Premium on Conforming ARMs is 101.5 for refinances, 101.75 for purchases
Offsheet Pricing Available in Loantrac and Price Quote
ARMs - 90 Day Lock subtract 0.525 from 50 day price
FNMA 3/1, 5/1 LIBOR ARMs (Std) & Low Doc & Int-Only & PITI Abatement & Home Possible

3/1
5.250
5.375
5.500
5.625
5.750
5.875
6.000

30 Day
99.887
100.105
100.313
100.504
100.679
100.840
100.988

50 Day
99.762
99.980
100.188
100.379
100.554
100.715
100.863

70 Day
99.412
99.630
99.838
100.029
100.204
100.365
100.513

6.125
101.126 101.001 100.651
6.250
101.263 101.138 100.788
6.375
101.408 101.283 100.933
6.500
101.560 101.435 101.085
6.625
101.715 101.590 101.240
6.750
101.874 101.749 101.399
Doc #5331 Margin 2.25% Caps 2/2/6

5/1
5.500
5.625
5.750
5.875
6.000
6.125
6.250

30 Day
99.661
99.980
100.276
100.551
100.804
101.037
101.257

50 Day
99.536
99.855
100.151
100.426
100.679
100.912
101.132

70 Day
99.186
99.505
99.801
100.076
100.329
100.562
100.782

6.375
101.472
101.347
100.997
6.500
101.681
101.556
101.206
6.625
101.884
101.759
101.409
6.750
102.084
101.959
101.609
6.875
102.284
102.159
101.809
7.000
102.469
102.344
101.994
Doc #5331 Margin 2.25% Caps 2/2/6

FNMA 7/1 LIBOR(Std) & PITI Abatement & Home Possible

Offsheet
Pricing
See
Loantrac
or
Price
Quote

Low Doc: Doc #5302 Margin 2.500% I-O Margin 2.625% Low Doc: Doc #5302 Margin 2.500% I-O Margin 2.625%

Interest-Only: Doc #5327 Margin 2.375%

Int-Only: Doc #5327 Margin 2.375% Caps 5/2/5

Fannie Mae Flex 97, 100 3/1 LIBOR ARM
3/1
5.750
5.875
6.000
6.125
6.250
6.375
6.500

30 Day
99.887
100.105
100.313
100.504
100.679
100.840
100.988

50 Day
99.762
99.980
100.188
100.379
100.554
100.715
100.863

3/1
5.750
5.875
6.000
6.125
6.250
6.375
6.500

30 Day
99.661
99.980
100.276
100.551
100.804
101.037
101.257

50 Day
99.536
99.855
100.151
100.426
100.679
100.912
101.132

Freddie Mac 3/1, 5/1, 7/1,
3/1
6.250
6.375
6.500
6.625
6.750
6.875
7.000

30 Day
101.032
101.177
101.329
101.484
101.643
101.806
101.957

50 Day
100.907
101.052
101.204
101.359
101.518
101.681
101.832

5/1
6.375
6.500
6.625
6.750
6.875
7.000
7.125

30 Day
101.159
101.369
101.571
101.772
101.971
102.157
102.314

50 Day
101.034
101.244
101.446
101.647
101.846
102.032
102.189

30 Day
99.887
100.105
100.313
100.504
100.679
100.840
100.988

50 Day
99.762
99.980
100.188
100.379
100.554
100.715
100.863

doc
#5331
Margin
2.25%
Caps
5/2/5

HOME 5/6 LIBOR ARM
30 Day
99.980
100.276
100.551
100.804
101.037
101.257
101.472
(doc #5324)

70 Day
99.412
99.630
99.838
100.029
100.204
100.365
100.513

3/1 ARM

Margin
2.875

50 Day
99.855
100.151
100.426
100.679
100.912
101.132
101.347

70 Day
99.505
99.801
100.076
100.329
100.562
100.782
100.997

doc
#5411
Margin
2.875%
Caps
5/1/5

Home Possible
Pricing based off FNMA Std.
5/1 and 7/1 LIBOR ARMs
Adjustments do not apply to "3%
Borrower Cash" Products

Caps
2/2/6

LTV <= 95%
subtract 1.50 from price

(doc #5324)
LTV 95.01-97%
30 Day
50 Day
70 Day
3/1 ARM subtract 1.85 from price
99.661
99.536
99.186
Margin LTV > 97%
99.980
99.855
99.505
2.875 subtract 2.00 frrom price
100.276 100.151
99.801
100.551 100.426 100.076
Margin: 2.25%
100.804 100.679 100.329
Caps
doc
101.037 100.912 100.562
2/2/6
Caps 5/1: 2/2/5
#5335
101.257 101.132 100.782
5/2/5
Caps 7/1: 5/2/5
& Interest-Only (Doc #5332) Comm & Comm Solutions 97/100/2-Family 5/1
30 Day
50 Day
70 Day
5/1
30 Day
50 Day
70 Day
5/1 ARM
101.054
100.929 100.579
5.750
98.411
98.286
97.936
Margin
101.298
101.173 100.823
5.875
98.730
98.605
98.255
2.875
101.535
101.410 101.060
6.000
99.026
98.901
98.551
101.770
101.645 101.295
6.125
99.301
99.176
98.826
doc
101.989
101.864 101.514
6.250
99.554
99.429
99.079
#5325
102.177
102.052 101.702
6.375
99.787
99.662
99.312
Caps
102.336
102.211 101.861
6.500
100.007
99.882
99.532
2/2/5

10/1
6.500
6.625
6.750
6.875
7.000
7.125
7.250

30 Day
100.744
101.049
101.342
101.626
101.889
102.119
102.318

50 Day
100.619
100.924
101.217
101.501
101.764
101.994
102.193

70 Day
100.269
100.574
100.867
101.151
101.414
101.644
101.843

Comm & Comm Solutions 97/100/2-Family 7/1
7/1
6.000
6.125
6.250
6.375
6.500
6.625
6.750

30 Day
98.368
98.714
99.043
99.344
99.623
99.891
100.148

50 Day
98.243
98.589
98.918
99.219
99.498
99.766
100.023

70 Day
97.893
98.239
98.568
98.869
99.148
99.416
99.673

5/1 ARM

Margin
2.875

Caps
5/2/5

Conforming Balloons
Fannie Mae 5/1 LIBOR ARM (Special)
5 Year
10 Day
30 Day
7 Year
10 Day
30 Day
5/1
30 Day
50 Day
70 Day
6.250
99.524
99.456
6.750
99.514
99.418
6.250
101.237 101.112 100.762
6.375
99.915
99.840
6.875
99.746
99.643
6.375
101.451 101.326 100.976
6.500
100.406
100.324
7.000
99.978
99.868
6.500
101.652 101.527 101.177
6.625
100.797
100.708
7.125
100.069
99.953
6.625
101.846 101.721 101.371
6.750
100.893
100.797
7.250
100.119
99.996
6.750
102.038 101.913 101.563
6.875
101.059
100.956
7.375
100.222 100.092
6.875
102.231 102.106 101.756
7.000
101.225
101.115
7.500
100.326 100.189
7.000
102.423 102.298 101.948
7.125
101.391
101.274
7.625
100.429 100.285
7.125
102.610 102.485 102.135
5Y Balloon doc #5304
7Y Balloon doc #5305
Margin = 2.25%
doc #5330
Call Lock-ins for additional pricing for lock days
Caps = 5/2/5

State Tier Adjustments
Tier 1+
Tier 1
Tier 2
Tier 3

70 Day
99.143
99.489
99.818
100.119
100.398
100.666
100.923

5/1
6.000
6.125
6.250
6.375
6.500
6.625
6.750

7/1 and 10/1 Margin 2.75; I-O Margin 2.875 Caps 5/2/5

1 Year T-Bill Non-Conv. ARM
Doc#
Margin: 2.750%
5306
15 Day
50 Day
4.625
98.525
98.400
6-Month
4.750
98.775
98.650
LIBOR
4.875
99.025
98.900
Pricing
5.000
99.150
99.025
Call
5.125
99.275
99.150
Lock-ins
5.250
99.400
99.275
Department
5.375
99.565
99.440
1Y T-Bill Conv Price -Same as NonConvertible Price. Margin = 2.875%

50 Day
99.493
99.839
100.168
100.469
100.748
101.016
101.273

FN Flex w/sub fin & I-O 5/1

70 Day
5/1 ARM
99.186
Margin
99.505
2.875
99.801
Caps
100.076
2/2/6
100.329
5/2/5
100.562
Flex 97
100.782 doc #5321
10/1 CMT ARMs (Doc #5309)
70 Day
3/1 ARM
7/1
100.557
Margin
6.500
100.702
2.75
6.625
100.854 I-O Margin
6.750
101.009
2.875
6.875
101.168
7.000
101.331
Caps
7.125
101.482
2/2/6
7.250
70 Day
5/1 ARM
100.684
Margin
100.894
2.75
101.096 I-O Margin
101.297
2.875
101.496 Caps 2/2/6
101.682 I-O Caps
101.839
5/2/5

30 Day
99.618
99.964
100.293
100.594
100.873
101.141
101.398

5/1
6.250
6.375
6.500
6.625
6.750
6.875
7.000

Fannie Mae Flex w/sub fin 3/1

70 Day
3/1 ARM
99.412
Margin
99.630
2.875
99.838
Caps
100.029
2/2/6
100.204
100.365 Flex 100
100.513 doc #5324

Fannie Mae Flex 97, 100 & I-O 5/1 ARM
5/1
6.000
6.125
6.250
6.375
6.500
6.625
6.750

7/1
5.750
5.875
6.000
6.125
6.250
6.375
6.500

TX
FL, NY
GA, MD, NC, NJ, OK, PA, TN
AL, AR, AZ, CT, DE, ID, IN, IA, KS, KY, LA, MI, MS, MO,
NE, NH, NM, ND, OH, RI, SC, SD, VA, VT, WA
CA, CO, MA, ME, MT, NV, UT
(CA no escrow waiver fee)
IL, OR, WI
AK, DC, HI, MN, VI, WV, WY
(MN no escrow waiver fee)
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5
Tier 6

Tier 4
Tier 5 (no escrow waiver fee)
Tier 6
Tier 1+
Loan Size
$30,000-$49,999
-0.625
-0.725
-0.825
-0.875
-0.925
-1.000
-1.025
$50,000-$74,999
-0.125
-0.225
-0.325
-0.375
-0.425
-0.500
-0.525
$75,000-$99,999
0.000
-0.100
-0.200
-0.250
-0.300
-0.375
-0.400
$100,000-$124,999
0.125
0.025
-0.075
-0.125
-0.175
-0.250
-0.275
$125,000-$149,999
0.185
0.085
-0.015
-0.065
-0.115
-0.190
-0.215
$150,000+
0.250
0.150
0.050
0
-0.050
-0.125
-0.150
Additional Conforming Low Doc ARM Adjustments
SISA
Doc Type Credit Score <= 60% 60.01-70% 70.01-75% 75.01-90% 90.01-95%
Adjustments
700+
- 0.250
- 0.500
-1.125
-1.875
-2.500
Doc #5333
SIVA/NIV
660-699
- 0.375
- 0.750
-1.625
-2.250
N/A
Adjustments to price
NIVA/No
700+
-0.375
-0.750
-1.500
-2.375
-3.500
FICO
Adj
Ratio
660-699
-0.500
-1.000
-1.875
-2.750
N/A
680-699
-0.625
-3.000
700-719
-0.375
NINA
-0.500
-1.000
N/A
720+
-2.000 max 80% LTV
Margin = 2.500%

Conforming Loan Adjustments
Purpose
Rate/Term Refinance subtract .125 from price
C-O Refi <=70% LTV subtract .125 from price (excludes NIV)
C-O Refi 70.01-80% subtract .625 from price (excludes NIV)

C-O Refinance 80.01-90% LTV subtract .875 from price
Subordinate Financing (Fannie Mae ARMs)
>=90% subtract .25 from price (excludes I-O ARMs)
LTV 75.01-90% FICO < 700 subtract .25 from price (non I-O ONLY)

LTV >65% subtract .25 from price (I-O ARMs ONLY)
All sub. fin subtract 0.50 (Comm & Sol 97, 2-Fam only)
All sub fin (HP) FICO <700 subtract 0.75
All sub fin (HP) FICO >=700 subtract 0.50
Multi-Unit
2 units 90.01-95% LTV subtract .50 from price
3-4 units subtract 1.50 from price (HP subtract 1.0 from price)

Occupancy
Investment property <=75% subtract 1.00 from price
Investment property 75.01-80% subtract 1.50 from price
Investment property 80.01-90% subtract 2.00 from price
NY Transfer Tax
subtract .25 from price (NY properties only)
Loans closing in the name of "Flagstar Bank"
subtract .05 from price **see below for applicable states
**Only loans authorized by Flagstar in the following states (CA, CT, FL, IA,

Cash-Out up to 70% LTV (SIVA/NIV) subtract .375 from price Cash-Out up to 60.01-70% (NINA only) sub. 0.75 from price MA, MD, ME, MI, NC, NH, NJ, NY, PA, RI, SC, VA, VT, WV)
Additional ARM Adjustments
Cash-Out 70.01-75% LTV (SIVA/NIVA only) sub. .875 from price 2-units add 0.25% to Rate
Cash-Out 75.01-90% LTV (SIVA/NIVA only) sub. 1.25 from price Second Home add 0.25% to Rate
LTV

Cash-Out up to 60% (NINA only) subtract 0.50 from price 3-4 units add 0.50% to Rate
>90% subtract .25 from price (excludes Flex 97 & Flex 100)
Additional Freddie Mac ARM and Balloon Adjustments
Credit Score
LTV 65.01-75 & CLTV 90.01-95 subtract .25 from price 80.01-90% LTV subtract .50 from price ****
Credit Score >=720 improve price by 0.25
LTV 75.01-80 & CLTV 90.01-95 subtract .25 from price 90.01 - 95% LTV subtract 1.0 from price **** Interest-Only (FN, FH, SISA, Low Doc, MCM)
LTV 80.01-90 & CLTV 81.01-95 subtract .25 from price **** Balloons ONLY
Purchase loans subtract 0.25 from price
LTV 75.01-80.00 & CLTV 76.01-90.00 & FICO < 700 subtract 0.50 from price (FH I-O ARM only)
Refinance loans subtract 0.50 from price
LTV 75.01-80.00 & CLTV 76.01-90.00 & FICO >=700 subtract 0.25 from price (FH I-O ARM only)
2-1 Temporary Buydown (FN 3/1, 5/1 Std, MCM )
LPMI (FN Std & Spc 5/1, 7/1, FH 5/1, 7/1, 10/1)
LPMI Adjustments (MCM 5/1, 7/1)
subtract 2.75 from price
See Adjustments on Page 1
See Adjustments on Page 3
40-Year Amortization
Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of subtract 0.25 from price
Reg. Z. or in applicable State or local predatory lending laws). Flagstar Bank is not privy to
PITI Abatement (doc #5409) (FN 3/1, 5/1, 7/1)
negotiations with individual borrowers. It is the responsibility of the broker/correspondent to discern
No Adjustment
the appropriateness of the loan program chosen with regard to the individual borrower’s needs and
circumstances. Please refer to our High Cost Home Loan Policy, Doc. 4612 for further information.
Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and conforming products in NY
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE

November 7, 2007

.

Pricing Effective 10:00 A.M. EST
Maximum 5 locks after 4:45 p.m.

Broker Price Indication Sheet
5151 Corporate Drive
Troy, Michigan 48098
Expiration Dates:

Lock-Ins
Lock-Ins Fax
15 Day

(800) 93-RATES
(248) 312-LOCK

11/23/07

30 Day

Main Office
Underwriting

12/07/07

60 Day

(800) 945-7700
(800) 447-7181

01/07/08

Government Fixed and Adjustable Rates (doc #5810)
FHA 30 Year Fixed
30 Year
15 Day
30 Day
60 Day
5.750
97.828
97.797
97.735
5.875
99.785
99.749
99.677
6.000
100.217 100.176 100.094
6.125
100.418 100.372 100.279
6.250
100.678 100.627 100.524
6.375
101.810 101.753 101.640
6.500
102.196 102.134 102.011
6.625
102.370 102.303 102.169
6.750
102.600 102.528 102.384
6.875
103.259 103.182 103.027
7.000
103.565 103.483 103.318
7.125
103.673 103.586 103.411
7.250
103.843 103.751 103.566
7.375
104.088 103.990 103.795
FHA/VA Fixed Program Adjustments:
$75,000 - $99,999 loan size, subtract .25 from price
$50,000 - $74,999 loan size, subtract .75 from price
$30,000 - $49,999 loan size, subtract 2.0 from price

Max Net Premium
104.00

VA 30 Year Fixed
15 Day
30 Day
97.453
97.422
99.410
99.374
99.842
99.801
100.043
99.997
100.303 100.252
101.435 101.378
101.821 101.759
101.995 101.928
102.225 102.153
102.884 102.807
103.190 103.108
103.298 103.211
103.468 103.376
103.713 103.615

30 Year
5.750
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250
7.375

FHASecure subtract .50
NY subtract .25
TX improve price by .125
2-1 Buydown, subtract 2.75

60 Day
97.360
99.302
99.719
99.904
100.149
101.265
101.636
101.794
102.009
102.652
102.943
103.036
103.191
103.420

Mfg. Housing subtract .50
FICO < 600 subtract .50
15-Year improve price by 0.125

Government Adjustable Rates
30 Day
60 Day
5/1 ARM
30 Day
60 Day
Margin: 2.000%
5.250
99.665
99.540
5.500
98.759
98.634
30 Day
60 Day
5.375
99.821
99.696
5.625
99.017
98.892
4.500
98.600
98.475
5.500
99.978
99.853
Caps: 1/1/5
5.750
99.587
99.462
5.000
99.006
98.881
5.625
100.134 100.009
5.875
99.954
99.829
5.500
99.366
99.241
5.750
100.759 100.634
Margin: 2.00%
6.000
100.321
100.196
6.000
99.756
99.631
5.875
100.993 100.868
6.125
100.689
100.564
Margin: 2.250%
6.000
101.228 101.103
Max Net Premium
6.250
101.181
101.056
30 Day
60 Day
6.125
101.462 101.337
103.00
6.375
101.462
101.337
4.500
98.850
98.725
6.250
101.571 101.446
6.500
101.743
101.618
5.000
99.256
99.131
6.375
101.821 101.696
6.625
102.024
101.899
5.500
99.616
99.491
6.500
102.071 101.946
6.750
102.446
102.321
6.000
100.006
99.881
For VA 3/1 and 5/1 ARM Pricing (doc # 5820) subtract 0.375 from FHA ARM Pricing
FHA/VA ARM Program Adjustments:
$50,000 - $69,900 loan size, subtract .25 from price
NY subtract .25
FICO < 600 subtract .50
$30,000 - $49,999 loan size, subtract .75 from price
Texas improve price by .125
15 Day Lock improve 30 Day price by .125
$20,000 - $29,999 loan size, subtract 2.0 from price
Mfg. Housing subtract .50
FHASecure subtract .50
FHA 1Y loans that disburse October 16, 2007 - January 15, 2008, change date is April 1, 2009
FHA 3Y loans that disburse October 16, 2007 - January 15, 2008, change date is April 1, 2011
FHA 5Y loans that disburse October 16, 2007 - January 15, 2008, change date is April 1, 2013
1Y ARM

3/1 ARM

High LTV Alt-A Program (Doc #5418)
30-Year & 20-Year Fixed
Max Prem. 104.250
103.625 103.500
Max Prem.
Rate
3Y PP
1Y PP
No PP
Rate
9.375
102.330 102.269 102.269
11.000
9.250
102.158 102.097 102.097
10.875
9.125
101.986 101.925 101.925
15 day lock
10.750
9.000
101.815 101.753 101.753
10.625
8.875
101.643 101.581 101.581
Available to lock in
10.500
8.750
101.471 101.410 101.410
Final Approval
10.375
8.625
101.293 101.232 101.232
status ONLY
10.250
8.500
101.039 100.982 100.982
10.125
8.375
100.785 100.732 100.732 Locks Available until
10.000
8.250
100.532 100.482 100.482
4:45pm EST
9.875
8.125
100.278 100.232 100.232
9.750
8.000
100.024
99.982
99.982
9.625
7.875
99.770
99.732
99.732
9.500
3/6 LIBOR ARM
5/6 LIBOR ARM
Max Prem.
102.500 102.000 Max Prem. 103.500 102.500 102.000
Rate
3Y PP
1Y PP
No PP
Rate
3Y PP
1Y PP
No PP
10.375
N/A
102.438 102.188
9.625
103.711 102.473 102.223
10.250
N/A
102.282 102.032
9.500
103.524 102.286 102.036
10.125
N/A
102.126 101.876
9.375
103.336 102.098 101.848
10.000
N/A
101.969 101.719
9.250
103.149 101.911 101.661
9.875
N/A
101.813 101.563
9.125
102.961 101.723 101.473
9.750
N/A
101.654 101.404
9.000
102.774 101.536 101.286
9.625
N/A
101.466 101.216
8.875
102.553 101.315 101.065
9.500
N/A
101.279 101.029
8.750
102.270 101.065 100.815
9.375
N/A
101.091 100.841
8.625
101.958 100.815 100.565
9.250
N/A
100.898 100.648
8.500
101.645 100.565 100.315
9.125
N/A
100.648 100.398
8.375
101.333 100.315 100.065
9.000
N/A
100.398 100.148
8.250
101.020 100.065
99.815
8.875
N/A
100.148
99.898
8.125
100.708
99.815
99.565
Margin 2.25%
Caps 6/2/6 Margin 2.25%
Caps 6/2/6

15-Year Fixed
104.250 103.625
103.500
3Y PP
1Y PP
No PP
101.218 100.948
100.885
101.077 100.823
100.760
100.936 100.698
100.635
100.796 100.573
100.510
100.655 100.448
100.385
100.515 100.323
100.260
100.374 100.198
100.135
100.233 100.073
100.010
100.093
99.948
99.885
99.952
99.823
99.760
99.800
99.698
99.635
99.632
99.561
99.499
99.426
99.386
99.324
7/6 LIBOR ARM
Max Prem. 103.250
102.500
Rate
3Y PP
1Y PP
9.750
103.496
102.528
9.625
103.309
102.340
9.500
103.121
102.153
9.375
102.934
101.965
9.250
102.746
101.778
9.125
102.548
101.580
9.000
102.330
101.361
8.875
102.111
101.142
8.750
101.882
100.923
8.625
101.611
100.684
8.500
101.298
100.402
8.375
100.933
100.121
8.250
100.464
99.840
Margin 2.25%

102.000
No PP
102.403
102.215
102.028
101.840
101.653
101.455
101.236
101.017
100.798
100.559
100.277
99.996
99.715
Caps 6/2/6

High LTV Alt-A Price and Rate Adjustments
PRICE ADJUSTMENTS
80.01-85% 85.01-90% 90.01-95% 95.01-100%
80.01-85% 85.01-90% 90.01-95% 95.01-100%
-0.500
-0.500
-0.500
-0.500 CO Refi
-0.500
-0.500
-1.875
N/A
Loan Amount $100K - $417K (3/6 ARM)
0.250
0.250
0.250
0.125 SIVA
-1.875
-3.250
-5.500
N/A
Loan Amount $100K - $417K (5/6 ARM)
0.375
0.375
0.375
0.375 NIVA
-6.750
-6.750
-6.750
N/A
Loan Amount $100K - $417K (30Y Fixed)
2.500
2.500
2.250
0.000 Non-Owner -1.500
-1.500
N/A
N/A
Loan Amount $650K - $1M
-0.125
-0.125
-0.125
N/A
2nd Home -0.750
-0.750
N/A
N/A
Loan Amount $650K - $750K Non Full Doc
0.000
-6.000
-6.000
N/A
2-Units
-0.250
-0.375
-0.375
-0.500
SIVA/NIVA, Non-Owner, FICO < 680
-1.500
N/A
N/A
N/A
2-U. Non Full Doc
-6.000
-6.000
-6.000
N/A
NIVA, Non-Owner, I-O, CO Refi
-2.250
N/A
N/A
N/A
Condos
-0.375
-0.375
-0.375
-0.375
Interest Only (Fixed Products)
-0.625
-0.625
-0.625
-0.625 FICO >=720
0.125
0.125
0.000
0.000
Interest Only (30Y, $100K-$417K) -0.250
-0.250
-0.250
-0.250 FICO 660-679 -0.500
-0.500
-0.500
N/A
Interest Only (ARM Products)
-0.125
-0.125
-0.125
-0.125 FICO 640-659 -1.625
-1.625
-1.875
N/A
Full Doc and Non-Owner
0.000
0.000
N/A
N/A
Full Doc and OO or 2nd Home
0.500
0.500
0.000
-0.750
CO Refi Non Full Doc
-6.000
-6.000
N/A
N/A
RATE ADJUSTMENTS
FICO < 680
FICO >= 680
LTV
80.01-85% 85.01-90% 90.01-95% 95.01-100% 80.01-85% 85.01-90% 90.01-95% 95.01-100%
Loan Amount $50K - $75K
0.150
0.150
0.300
N/A
0.150
0.150
0.300
0.300
Loan Amount $650K - $1M
N/A
N/A
N/A
N/A
0.050
0.100
0.100
N/A
Cash-out Refinance
2.600
2.700
2.800
N/A
0.050
0.100
0.150
N/A
Second Home
0.100
0.150
N/A
N/A
0.050
0.100
N/A
N/A
Non-Owner
0.400
0.450
N/A
N/A
0.350
0.400
N/A
N/A
Condos
2.550
2.600
2.650
N/A
0.050
0.100
2.600
2.600
FICO >=720
N/A
N/A
N/A
N/A
0.050
0.100
0.250
0.400
FICO 700-719
N/A
N/A
N/A
N/A
0.150
0.200
0.400
0.650
FICO 680-699
N/A
N/A
N/A
N/A
0.200
0.300
0.550
N/A
FICO 660-679
0.250
0.300
0.600
N/A
N/A
N/A
N/A
N/A
FICO 640-659
0.300
0.400
0.750
N/A
N/A
N/A
N/A
N/A
SIVA
4.700
4.900
N/A
N/A
0.050
0.100
0.350
N/A
NIVA
4.700
4.900
N/A
N/A
0.100
0.150
0.550
N/A
QDTI > 45% (3/6 ARM & Int-Only products)
3.600
3.700
3.700
N/A
3.550
3.550
3.550
3.550
QDTI > 40% (All other products)
3.600
3.700
3.700
N/A
3.550
3.550
3.550
3.550
3/6 LIBOR ARM
0.350
0.350
1.200
N/A
0.200
0.200
1.000
1.800
5/6 LIBOR ARM
0.150
0.150
1.000
N/A
0.050
0.050
0.800
1.650
7/6 LIBOR ARM
0.250
0.250
1.100
N/A
0.150
0.150
0.900
1.700
30, 20, 15-Year Fixed
3.150
3.150
3.800
N/A
3.050
3.050
3.550
4.200
Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and conforming products in NY
Loans closing in the name of "Flagstar Bank" subtract .05 from price (see page 1 adj. for applicable states)
Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of Reg. Z. or in applicable State or
local predatory lending laws). Flagstar Bank is not privy to negotiations with individual borrowers. It is the responsibility of the
broker/correspondent to discern the appropriateness of the loan program chosen with regard to the individual borrower’s needs and
circumstances. Please refer to our High Cost Home Loan Policy, Doc. 4612 for further information.
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE
LTV
Loan Amount $50K - $75K

November 7, 2007
Pricing Effective 10:00 A.M. EST
Locks available until 4:45 PM EST

Broker Price Indication Sheet
5151 Corporate Drive
Troy, Michigan 48098
Expiration Dates:

Lock-Ins
Lock-Ins Fax
15 Day

(800) 93-RATES
(248) 312-LOCK

11/23/07

30 Day

Main Office
Underwriting

(800) 945-7700
(800) 447-7181

12/07/07

Jumbo Fixed and ARM Programs (doc #5401)
Prices posted reflect 30 Day lock.
For 15 Day lock improve price 0.125
30-Year & 20-Year Fixed
15-Year Fixed
Max Prem. 104.125
103.500 103.250
Max Prem. 103.625
103.375
103.250
Rate
3Y PP
1Y PP
No PP
Rate
3Y PP
1Y PP
No PP
8.000
102.104 102.043 102.043
8.500
101.221
101.033
100.971
7.875
101.966 101.905 101.905
8.375
101.080
100.908
100.846
7.750
101.827 101.768 101.768
8.250
100.939
100.783
100.721
7.625
101.685 101.630 101.630
8.125
100.799
100.658
100.596
7.500
101.544 101.493 101.493
8.000
100.658
100.533
100.471
7.375
101.373 101.325 101.325
7.875
100.486
100.408
100.346
7.250
101.182 101.138 101.138
7.750
100.314
100.283
100.220
7.125
100.990 100.950 100.950
7.625
100.123
100.123
100.061
7.000
100.799 100.763 100.763
7.500
99.716
99.748
99.686
6.875
100.608 100.575 100.575
7.375
99.310
99.372
99.310
6.750
100.297 100.275 100.275
7.250
98.872
98.935
98.872
6.625
99.906
99.900
99.900
7.125
98.435
98.497
98.435
6.500
99.525
99.525
99.525
7.000
97.935
97.997
97.935
5/1 LIBOR ARM
10/1 LIBOR ARM
Max Prem. 103.375
102.500 102.000
Max Prem. 103.125
102.500
102.000
Rate
3Y PP
1Y PP
No PP
Rate
3Y PP
1Y PP
No PP
7.625
103.369 102.494 102.369
8.250
103.269
102.519
102.394
7.500
103.182 102.307 102.182
8.125
103.113
102.363
102.238
7.375
102.976 102.119 101.994
8.000
102.956
102.206
102.081
7.250
102.707 101.932 101.807
7.875
102.800
102.050
101.925
7.125
102.395 101.744 101.619
7.750
102.631
101.889
101.764
7.000
102.077 101.542 101.417
7.625
102.316
101.670
101.545
6.875
101.746 101.305 101.180
7.500
101.973
101.451
101.326
6.750
101.414 101.067 100.942
7.375
101.624
101.225
101.100
6.625
101.083 100.830 100.705
7.250
101.218
100.913
100.788
6.500
100.752 100.592 100.467
7.125
100.811
100.600
100.475
6.375
100.421 100.355 100.230
7.000
100.406
100.288
100.163
6.250
100.095 100.113
99.988
6.875
100.016
99.975
99.850
6.125
99.782
99.863
99.738
6.750
99.624
99.663
99.538

Caps: 5/2/5
Margin: 2.25%
12-Month LIBOR
4.635%

Jumbo Price Adjustments
LTV
Loan Amount $417,001 - $650,000
Loan Amount $1,500,001-$2,000,000
Cash-Out Refinance
Second Home
2 Units
Low/Mid Rise Condo
High Rise Condo
FICO >=760
FICO 720-759
SIVA (30Y Fixed ONLY)
SIVA (Excludes 30Y Fixed)
Interest-Only (Fixed Products)

<=65%
0.000
-0.500
-0.250
0.000
-0.250
0.000
0.000
0.375
0.125
-0.875
-1.125
-0.125

CLTV
CLTV > 80% (Fixed Products)
CLTV > 80% (ARM Products)
LTV
Based off Jumbo 5/1 ARM ADJ to RATE
Based off Jumbo 5/1 ARM ADJ to PRICE

YES 5/6 LIBOR ARM (doc #5410)

<=65%
0.250%
-0.250

65-70%
0.000
-0.500
-0.375
0.000
-0.250
0.000
-0.250
0.375
0.125
-0.875
-1.125
-0.125

70.01-75% 75.01-80% 80.01-85% 85.01-90% 90.01-95%
0.000
0.000
-0.125
-0.125
-0.500
N/A
N/A
N/A
N/A
N/A
-0.375
-0.375
N/A
N/A
N/A
0.000
-0.125
-0.250
N/A
N/A
-0.250
-0.500
-0.500
-0.500
-0.500
0.000
0.000
-0.250
-0.500
-0.750
-0.375
-0.375
-0.750
-1.000
-1.500
0.375
0.375
0.375
0.375
0.375
0.125
0.125
0.125
0.125
0.125
-1.000
-1.000
N/A
N/A
N/A
-1.250
-1.250
N/A
N/A
N/A
-0.125
-0.125
-0.125
-0.125
-0.125
80.01-85% 85.01-90% 90.01-95%
-0.250
-0.375
-0.375
-0.375
-0.500
-0.500
65.01-70% 70.01-75% 75.01-80% 80.01-85% 85.01-90% 90.01-95%
0.375%
0.500%
N/A
N/A
N/A
N/A
-0.250
-0.250
N/A
N/A
N/A
N/A

Steady Power 5/1 LIBOR ARM (doc #5402)
Prices posted reflect 30 Day lock.
For 15 Day lock improve price 0.125
5/1 LIBOR ARM
Max Prem. 103.500
102.500 102.000
Rate
3Y PP
1Y PP
No PP
9.250
103.112 102.124 101.874
9.125
102.925 101.937 101.687
9.000
102.737 101.749 101.499
8.875
102.531 101.543 101.293
Caps: 5/2/5
8.750
102.262 101.293 101.043
8.625
101.949 101.043 100.793
Margin: 2.75%
8.500
101.637 100.793 100.543
8.375
101.324 100.543 100.293
12-Month LIBOR
8.250
101.012 100.293 100.043
4.635%
8.125
100.661 100.005
99.755
8.000
100.224
99.630
99.380
7.875
99.767
99.236
98.986
7.750
99.267
98.798
98.548

Steady Power ARM Price Adjustments
LTV
Loan Amount $50,000-$75,000
Loan Amount $650,001-$1,000,000
Loan Amount $1,000,001-$1,500,000
Loan Amount $1,500,001-$2,000,000
Cash-Out Refinance
Second Home
2 Units
3-4 Units
Low/Mid Rise Condo
High Rise Condo
FICO >=720
FICO 660-679
FICO 640-659
FICO 620-639
SIVA
CLTV 80.01-85% (All Docs)
CLTV 85.01-90% (Full Doc)

<=65%
-0.500
0.000
-0.250
-0.750
-0.125
0.000
0.000
0.000
-0.125
-0.125
0.125
0.000
-0.750
-3.125
0.000
-0.125
-0.625

65-70%
-0.500
0.000
-0.500
-1.250
-0.250
-0.375
-0.125
-0.500
-0.250
-0.250
0.250
-0.125
-0.875
-3.250
-0.125
-0.125
-0.625

70.01-75% 75.01-80% 80.01-85% 85.01-90%
-0.500
-0.500
-0.500
-0.500
0.000
-0.125
N/A
N/A
-0.750
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.250
-0.500
-1.000
-1.250
-0.500
-0.625
-0.750
-0.750
-0.250
-0.250
-0.250
-0.375
-0.750
-1.000
N/A
N/A
-0.375
-0.375
-0.375
-0.375
-0.500
-0.625
-0.625
-0.625
0.375
0.375
0.375
0.375
-0.375
-0.500
-0.500
-0.875
-1.125
-1.625
N/A
N/A
-3.500
-3.625
N/A
N/A
-0.250
-0.875
-1.000
N/A
-0.125
-0.125
N/A
N/A
-0.625
-0.625
-0.625
N/A

Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and conforming products in NY

Loans closing in the name of "Flagstar Bank" subtract .05 from price (see page 1 adj. for applicable states)
Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of Reg. Z. or in applicable
State or local predatory lending laws). Flagstar Bank is not privy to negotiations with individual borrowers. It is the
responsibility of the broker/correspondent to discern the appropriateness of the loan program chosen with regard to the
individual borrower’s needs and circumstances. Please refer to our High Cost Home Loan Policy, Doc. 4612 for further
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE

November 7, 2007
Pricing Effective 10:00 A.M. EST
No Overnight Protection Available

Broker Construction Price Indication Sheet
5151 Corporate Drive
Troy, Michigan 48098
Expiration Dates:

Lock-Ins
Lock-Ins Fax
15 Day

(248) 312-LOAN
(248) 312-LOCK

11/23/07

30 Day

Main Office
Underwriting

12/07/07

50 Day

(800) 945-7700
(800) 447-7181
12/27/07

Contact Your Account Executive regarding participation in
Flagstar Bank's Construction Lending Programs
Interim 9-Month Two-Time Close (doc #5720)
FICO
740+

720-739

Rate
6.000
7.000
8.000
6.500
7.500
8.500

Price
100.000
100.250
100.500
100.000
100.250
100.500

Margin
-1.50%
-0.50%
0.50%
-1.00%
0.00%
1.00%

FICO
30
Day
Lock
Period

700-719

660-699

10 Day
97.621
98.148
98.963
99.474
99.973
100.360
101.080
101.486
101.879

15-Year
5.500
5.625
5.750
5.875
6.000
6.125
6.250
6.375
6.500

10 Day
98.199
98.826
99.216
99.597
99.767
100.381
100.711
101.029
101.325

Homestyle 30 Year Fixed

9-Month
5.750
5.875
6.000
6.125
6.250
6.375
6.500
6.625

30 Day
98.199
98.826
99.216
99.597
99.767
100.381
100.711
101.029

SIVA - Add 0.50% to
rate and margin
Life cap = 6.00%
Floor Rate = 4.00%
Index = Prime Rate
No periodic caps

30-Year
10 Day
15-Year
10 Day
7.250
101.196
doc
7.000
100.620
7.375
101.395
#5710
7.125
100.746
7.500
101.467
7.250
100.892
7.625
101.971 Max price
7.375
100.896
Construction Rate =
7.750
102.235
101.00
7.500
101.065
Add 0.75% to perm rate In addition, use applicable Conforming Adjustments
on page 2 of rate sheets
Max price of 101.0
Construction Interest Rate =
Add 0.75% to permanent interest rate

Homestyle Renovation (doc #5719)

(doc #5718)

Homestyle 15 Year Fixed (doc #5718)
30 Day
98.199
98.826
99.216
99.597
99.767
100.381
100.711
101.029

Margin
-0.50%
0.50%
1.50%
0.00%
1.00%
2.00%

In addition, use
applicable conf.
Adjustments on page
1 of rate sheets

6-Month
30 Day
9-Month
30 Day
12-Month 30 Day
6.000
97.621
6.125
97.621
6.250
97.621
6.125
98.148
6.250
98.148
6.375
98.148
6.250
98.963
6.375
98.963
6.500
98.963
6.375
99.474
6.500
99.474
6.625
99.474
6.500
99.973
6.625
99.973
6.750
99.973
6.625
100.360
6.750
100.360
6.875
100.360
6.750
101.080
6.875
101.080
7.000
101.080
6.875
101.486
7.000
101.486
7.125
101.486
7.000
101.879
7.125
101.879
7.250
101.879
7.125
101.977
7.250
101.977
7.375
101.977
7.250
102.585
7.375
102.585
7.500
102.585
In addition, use Conforming Adjustments on page 1 of rate sheets.
6-Month
5.625
5.750
5.875
6.000
6.125
6.250
6.375
6.500

Price
100.000
100.250
100.500
100.000
100.250
100.500

Agency Short-Term A Minus

Agency Short-Term (doc #5710)
30-Year
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750
6.875

Rate
7.000
8.000
9.000
7.500
8.500
9.500

12-Month
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750

30 Day
98.199
98.826
99.216
99.597
99.767
100.381
100.711
101.029

15-Year
5.250
5.375
5.500
5.625
5.750
5.875
6.000
6.125
6.250
30-Year
5.625
5.750

10 Day
98.190
98.838
99.248
99.649
99.840
100.475
100.825
101.164
101.480
10 Day
97.674
98.222

30 Day
98.177
98.817
99.221
99.615
99.799
100.427
100.770
101.102
101.412
30 Day
97.640
98.181

50 Day
98.163
98.797
99.194
99.581
99.758
100.379
100.716
101.040
101.343
50 Day
97.606
98.139

70 Day
97.949
98.576
98.966
99.347
99.517
100.131
100.461
100.779
101.075
70 Day
97.371
97.898

5.875
99.056
99.008
98.960
98.713
6.000
99.589
99.534
99.479
99.224
6.125
100.108 100.047
99.985
99.723
6.250
100.515 100.447 100.378
100.110
6.375
101.256 101.181 101.106
100.830
6.500
101.683 101.601 101.518
101.236
6.625
102.096 102.007 101.918
101.629
In addition, use applicable Conforming Adjustments
on page 1 of rate sheets.
EA Option - add 0.625% to RATE Max Prem. 101.0

6.625
101.325
6.750
101.325
6.875
101.325
Builder Pre-Sold (doc #5731)
6.750
101.627
6.875
101.627
7.000
101.627 Interest Rate = Prime Rate - 1.00% at 100.00
6.875
101.724
7.000
101.724
7.125
101.724 Margin = -1.00%
Floor Rate = 4.00%
7.000
101.857
7.125
101.857
7.250
101.857 Index = Prime Rate
30 Day Lock Period
In addition, use Conforming Adjustments on page 1 of rate sheets.
RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE