Phone Lock: 866-204-4311 330 E. Lambert Road, 2nd Floor Effective 5/21/2007
Fax Lock: 866-204-4315 Brea, CA 92821 Time Page 4
www.castleviewdirect.com 10 & 25 Day Locks Used For All Pricing 8:43 am RS# 2062
EXPANDED CHOICE NO PREPAY JUMBO PROGRAMS
30 Year Fixed 15 Year Fixed Max Rebate
(NO PrePay) (NO PrePay)
Rate 10 Day 25 Day Rate 10 Day 25 Day
-1.625
7.375 -1.425 -1.325 7.000 -1.875 -1.625
7.250 -1.275 -1.175 6.875 -1.725 -1.475
7.125 -1.225 -1.125 6.750 -1.625 -1.375
7.000 -1.175 -1.075 6.625 -1.525 -1.275
40 Day Lock Add
6.875 -1.025 -0.925 6.500 -1.425 -1.175
6.750 -0.875 -0.775 6.375 -1.275 -1.025
0.125 to 25 Day
6.625 -0.825 -0.725 6.250 -1.025 -0.775
6.500 -0.625 -0.525 6.125 -0.675 -0.425
6.375 -0.325 -0.225 6.000 -0.275 -0.025
Manufactured Homes
6.250 0.125 0.225 5.875 0.175 0.425
6.125 0.775 0.875 5.750 0.725 0.975
Not Permitted
PRICE Adjustments
LTV 65-70 >70-75 >75-80 >80-85 >85-90 >90-95
Escrow Impound Waiver >$417,000** 0.250 0.250 0.250 0.250 n/a n/a n/a
Jumbo $417,001 to $650,000 0.000 0.000 0.000 0.000 0.125 0.125 0.500
Jumbo $650,001 to $1,000,000 0.000 0.000 0.000 0.000 n/a n/a n/a
Super Jumbo $1,000,001 to $1,500,000 0.000 0.000 0.000 n/a n/a n/a n/a
Super Jumbo $1,500,001 to $2,000,000 0.500 0.500 n/a n/a n/a n/a n/a
Cash Out Refinances
(80% LTV, max $150K) 0.000 0.250 0.375 0.375 0.375 0.375 n/a
Interest Only (10 YR) (30 Year Product Only) 0.125 0.125 0.125 0.125 0.125 0.125 0.125
Interest Only Feature with FICO 90% - in addition to IO adjustment above) 0.250 0.250 0.250 0.250 n/a n/a n/a
2 Units (O/O & Stated = Min 700 FICO) 0.250 0.250 0.250 0.250 0.500 0.500 0.500
Second Home 0.250 0.250 0.375 0.375 0.500 0.750 n/a
Condo 4 stories 0.000 0.250 0.375 0.375 0.750 1.000 1.500
Doc Type / FICO Score
Full Doc FICO >= 780 -0.250 -0.250 -0.250 -0.250 -0.250 -0.250 -0.250
Full Doc FICO 720-779 -0.125 -0.125 -0.125 -0.125 -0.125 -0.125 -0.125
Full Doc FICO 640 - 660 0.000 0.250 0.250 0.250 0.500 0.500 0.500
Stated Income FICO >=780 0.125 0.125 0.250 0.250 0.375 0.500 0.750
Stated Income FICO 720-779 0.250 0.250 0.375 0.375 0.500 0.625 0.875
Stated Income FICO 700-719 0.375 0.375 0.500 0.500 0.625 0.750 1.000
Secondary Financing
75/20/5 (CLTV 90.01 TO 95%) 0.375 0.375 0.375 n/a n/a n/a n/a
80/15/5 (CLTV 90.01 TO 95%) --- --- --- 0.375 n/a n/a n/a
80/20 (CLTV 95.01 to 100%) Full Doc Only 0.750 0.750 0.750 0.750 n/a n/a n/a
**CA Escrow Impound Waiver 0.150 0.150 0.150 0.150 0.150 0.150 n/a
EXPANDED CHOICE 5 YR PREPAY JUMBO PROGRAMS
30 Year Fixed
(5 Year PrePay)
Rate 10 Day 25 Day Rate 10 Day 25 Day
9.875 -3.250 -3.000 8.625 -1.125 -0.875
9.750 -3.125 -2.875 8.500 -0.750 -0.500
9.625 -3.000 -2.750 8.375 -0.500 -0.250
Minimum Loan Amount $1,000,000.
9.500 -2.875 -2.625 8.250 -0.250 0.000
9.375 -2.750 -2.500 8.125 -0.125 0.125
9.250 -2.500 -2.250 8.000 0.250 0.500
9.125 -2.250 -2.000 7.875 0.625 0.875
9.000 -2.000 -1.750 7.750 1.000 1.250
8.875 -1.750 -1.500 7.625 1.625 1.875
8.750 -1.375 -1.125 7.500 2.000 2.250
PRICE Adjustments
LTV 60-70 >70-75
Ln =>$1MM 1.5MM $2MM 8 Stories) 0.750 0.750 1.000
FICO Score >720 -0.125 -0.250 -0.250
FICO Score 660 - 680 0.250 0.250 0.375
FICO Score 640 - 659 0.500 0.500 0.625
Stated Income 0.125 0.375 n/a
No Ratio 0.250 0.500 n/a
NINA 0.500 0.750 n/a
No Doc 0.750 n/a n/a
No Doc W/ Assets 0.500 n/a n/a
Interest Only Option (10 YR) 0.125 0.125 0.125
Interest Only Feature with FICO <660 (in addtion to any IO adj. above) 0.375 0.375 0.375
Escrow Impound Waiver 0.125 0.125 0.125
15 Year Term -0.125 rate
5 YR Pre-Pay (Max Rebate -1.125) 0.000 rate
3 YR Pre-Pay (Max Rebate -1.125) 0.125 rate
2 YR Pre-Pay (Max Rebate -1.125) 0.250 rate
1 YR Pre-Pay (Max Rebate -0.375) 0.375 rate
Use the rate sheet as a guide only! Our investors determine the final price. Rates, pricing, price adjustments and rate adjustments are subject to change.
If a discrepancy occurs, the person submitting the lock request will be contacted for approval of the new adjusted price or rate before proceeding with the lock in.
For internal use of Castleview Home Loans Only. Not for distribution to the general public.