Mortgage Qualification Requirements as of September 25, 2009

1. Current Mortgage Qualification Requirements For Purchases & Refinances What it takes to get a mortgage in today’s market Requirements as of 09/25/09 It’s a tough mortgage market today – at least in terms of the recent past – but it is not impossible. Most people can still get the mortgage they need for the home they want.

5. Conventional Loan Requirements High cost areas of the country have new, higher loan limits – Check with me if you think this may apply to you. These requirements are for MetLife loans only. Each Lender has their own qualifications, which may be different from these. The requirements listed here are NOT all-inclusive. Your specific situation may be different 3% 6% 9% LTV >90% LTV 75.01% to 90% LTV ≤ 75% Seller Contributions (based on loan-to-value LTV) Full Full Documentation Maximum 41% to 55% Minimum None Debt-to-Income Ratio (depends on LTV) Maximum None Minimum 3 months Reserves To Get Best Rate 740 Minimum 580 Credit Score (depends on LTV) Maximum None Minimum 5% Down Payment Maximum * 1 unit - $417,000 2 units - $533,850 3 units - $645,300 4 units - $801,950 Minimum None Loan Amount

6. Conventional Loan Requirements For Investment Properties The maximum number of properties that any one person/entity can own is 4 High cost areas of the country have new, higher loan limits – Check with me if you think this may apply to you. These requirements are for MetLife loans only. Each Lender has their own qualifications, which may be different from these. The requirements listed here are NOT all-inclusive. Your specific situation may be different 2% All LTV’s Seller Contributions Full Full Documentation Maximum 41% to 55% Minimum None Debt-to-Income Ratio (depends on LTV) Maximum None Minimum 6 months – for ALL properties Reserves To Get Best Rate 740 Minimum 580 Credit Score (depends on LTV) Maximum None Minimum 20% 25% - for best rates Down Payment Maximum * 1 unit - $417,000 2 units - $533,850 3 units - $645,300 4 units - $801,950 Minimum None Loan Amount

8. “Jumbo Select” Loan Requirements These requirements are for MetLife loans only. Each Lender has their own qualifications, which may be different from these. The requirements listed here are NOT all-inclusive. Your specific situation may be different Not allowed 3% LTV >75% LTV ≤ 75% Seller Contributions (based on loan-to-value LTV) Full Full Documentation Maximum 36%-40% (depends on Credit Score) Minimum None Debt-to-Income Ratio Maximum None Minimum 6 months Reserves To Get Best Rate 740 Minimum 680 (based on LTV) Credit Score To $1 million loan amount $1 million to 1.5 million $1.5 million to $2 million 80% LTV 75% LTV 65% LTV Loan-to-value Limits (based on loan amount) Maximum $2,000,000 Minimum $417,001 Loan Amount

9. FHA Loan Requirements These requirements are for MetLife loans only. Each Lender has their own qualifications, which may be different from these. The requirements listed here are NOT all-inclusive. Your specific situation may be different * The FHA loan limit is geographic area specific, so check with me for details for or google “FHA loan limits.” 6% any LTV Seller Contributions Full Full Documentation Maximum 43% (over 43% gets special review) Minimum None Debt-to-Income Ratio Maximum None Minimum 2 months Reserves To Get Best Rate >620 Minimum 620 Credit Score Maximum None Minimum 3.5% Down Payment Maximum * $271,050 Minimum None Loan Amount

10. VA Loan Requirements * The VA loan limit may be higher in some instances – check with me for details These requirements are for MetLife loans only. Each Lender has their own qualifications, which may be different from these. The requirements listed here are NOT all-inclusive. Your specific situation may be different 4% any LTV Seller Contributions Full Full Documentation Maximum 41% - or as determined by an automated system Minimum None Debt-to-Income Ratio Maximum None Minimum 2 months Reserves To Get Best Rate >620 Minimum 620 Credit Score Maximum None Minimum 0% Down Payment Maximum * $417,000 Minimum None Loan Amount