Rate                      LTV                    Term                  Points         Appraisal         Closing

Tier I          8.99 to 9.99%        40% or less             2yr                       4               None               15 days

Tier II        9.99 to 11.99%       50% or less         2yr,5yr,20yr        4 to 6          Optional           15 days

Tier III      11.99 to 12.99%      60% or less        2yr,5yr,20yr         4 to 6          Optional           15 days

Tier placement of loans are subject to product type, borrowers financial situation, credit score and subject property’s physical condition.