Wholesale General Notes

• Mandatory locks that do not close are subject to .50% or market penalty.
• All Non-California Properties with LTV > 80% require impounds.
• Lock subject to repricing if not delivered by package due date.
• Rate lock desks close at 9pm (branch local time).
• Rates/Prices subject to change without notice.
• All California Properties with LTV ≥ 90% require impounds.