Rural Housing Loan Program 100% Financing For Home Buyers.

1. Superior Rural Housing Presented by: Brian McCarty Senior Loan Officer

2. Agenda 1 - Overview of Program 2 - Property Qualification 3 - Borrower Qualification 4 - Wrap up & Questions

3. Program Overview

4. 1 - No Down Payment Required 2 - No Monthly Mortgage Insurance 3 - No Reserve Requirement 4 - No Stated Maximum Loan Amount 5 - Loan Up to 102% of Appraisal

5. 6 – No First Time Buyer Requirement 7 – New and Existing Homes OK 8 – 30 Year Fixed Rate Loan 9 – No Prepayment Penalty 10 – Seller Contributions to 6%

6. 11 – No Limitation on Source of Funds 12 – 100% of Money Can Be Gifted 13 – Loan Amount Can Include Closing Costs 14 – Not FICO Score Driven 15 – FICO > 620 Do Not Need to Explain Derogatory Credit

7. Property Qualification

8. Rural Housing

9. Atlantic County Eligible Areas All of: Borough of Buena Buena Vista Twp. Corbin City Egg Harbor City Egg Harbor Township Estelle Manor Folsom Borough Cont’d

10. Atlantic County Eligible Areas All of: Galloway Township Hamilton Township Mullica Township Port Republic City Weymouth Township

11. Borrower Qualification

12. Income Limits

13. Rural Housing

14. Wrap – Up

15. Questions