ARM

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IMPROVEMENTSExcelerate Capital is a registered DBA ofCastle Mortgage Corporation; NMLS# 61382: Equal Housing Lender. For more licensing information, pleasevisit Effective Date: August 15th, 2022Pricing InformationMinimum Price / Maximum PriceRate BuydownRate / Rate / .375 PriceCase by Case (if allowed use 2-to-1 ratio)Special IncentivesRate AdjusterPurchase Transaction( )Non-California States( )45-Day Lock CostsPrice AdjusterRates < days = ( ), 15 days = ( ) 7 days = ( ), 15 days = ( )*Up to 15 days max. of extensionsContact Scenario InformationLock Desk Hours - 8:30am - 3:30pm Fee - $1,595Approval Required to LockExcelerate Capital4000 MacArthurBoulevard, Suite 800Newport Beach, CA 92660Effective Date: August 15th, 202215/30/40 YEAR FIXED PRIMESPECIAL RATE INCENTIVESFICO<= 55% - - - - - - - 90Purchase Transaction( )760+ States( )740 - - INFORMATION700 - - Price / Maximum / 100660 - RESTRICTIONSADDITIONAL "LOAN LEVEL RATE ADJUSTERS"Loan Amount LimitsMin.

Appraisal Requirements • 1 Appraisal + AVM <= $1,000,000 • 1 Appraisals and Field Review > $1,000,000 (VIP5/1) 30 YEAR 5/1 ARM: 5/2/5 1yr CMT: Collateral Condition Requirements • Appraisal must reflect C4 or better (C5 or C6 ineligible) (VIP7/1) 30 YEAR 7/1 ARM 5/2/5: 1yr CMT Impounds • Escrows are required on HPML loans • HPML not applicable to Investments …