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					                                                                       MORTGAGE PRICING LIST FOR MORTGAGE BANKERS
                                                                                             PREVAILING 5.25%
                                                                                        For the Week of July 6-12, 2009
  CONV- CONFORMING                           NON-CONFORMING                  JUMBO CONFORMING                                        LOT LOANS                                           IMPORTANT HINTS
Interest Rate                             Interest                      Interest Rate Conforming Only                     Interest   Purchases Refinances
               30 YRS 15 YRS                Rate   30 YRS 15 YRS                          30 Yrs      15 Yrs                Rate       5/15         5/8              ***Scotiabank will only buy loans up to the limits
  4.125%               96.20              5.250%   98.39     100.71         4.375%                                         7.000%      98.00       97.50             established by FNMA, FHLMC, FHA, VA, RH
  4.250%        94.76  98.10              5.375%   98.90     101.08         4.500%                                         7.125%      98.50       98.00             ***Non Conforming Loans (Financial Statements)
  4.375%        95.54  99.09              5.500%   99.41     101.39         4.625%                                         7.250%      99.00       98.50             must comply with FHLMC/FNMA Standards.
  4.500%        96.31  99.79              5.625%   99.80     101.66         4.750%                     98.1001             7.375%      99.50       99.00             ***Total Debt to Income Ratio must not exceed 50%
  4.625%        97.01 100.29              5.750%   100.19    101.94         4.875%                     98.6001                                                       ***Minimum Credit Score 660 on Conforming,
  4.750%        97.71 100.79              5.875%   100.57    102.21         5.000%                     99.1001                                                       Non Conforming and Government Loans.
  4.875%        98.41 101.29              6.000%   100.96    102.35         5.125%                     99.4677                  BALLOON LOANS                        ***Only Approvals with feedbacks of Accept/Accept
  5.000%       99.11    101.71            6.125%   101.25    102.39         5.250%         97.7099     99.8354            Interest BALLOONS PROVISIONS               or Approve Eligible.
  5.125%       99.62    102.08            6.250%   101.55    102.45         5.375%         98.2018    100.2031            Rate       5-30       7-30                 ***Scotiabank Providers
  5.250%       100.14   102.46            6.375%   101.84    102.49         5.500%         98.6938    100.5709             5.500%
  5.375%       100.65   102.83            6.500%   102.13    102.64         5.625%         99.0668    100.8488             5.625%
  5.500%       101.16   103.14            6.625%   102.58    102.88         5.750%         99.4171    101.1265             5.750%
  5.625%       101.55   103.41            6.750%   103.05    103.14         5.875%         99.7674    101.4045             5.875%
  5.750%       101.94   103.69            6.875%   103.51    103.38         6.000%        100.1178    101.6823             6.000%
  5.875%       102.32   103.96            7.000%   103.97    103.51         6.125%        100.4298    101.9949
  6.000%       102.71   104.10            7.125%   104.00                   6.250%        100.7345    102.3073               FHA / VA / RH UP TO 417K                                    IMPORTANT NEWS
  6.125%       103.00   104.14            7.250%   104.04                   6.375%        101.0392                        Interest
  6.250%       103.30   104.20            7.375%   104.07                   6.500%                                        Rate      TAXABLE    EXEMPT                Funding same day if documentation is delivered
  6.375%       103.59   104.24            7.500%   104.10                   6.625%                                                                                   by 10 am.
  6.500%       103.88   104.39            7.625%   104.13                   6.750%                                         5.000%     99.60       99.60
                                                                            6.875%                                         5.500%     101.66      101.66
                                                                            7.000%                                         6.000%     103.00      103.00



                                                                       CREDIT ADJUSTMENTS                                                                                                      PRODUCT ADJUSTMENTS
            FOR CASH OUT REFINANCE MORTGAGE                                                  CONF AND NON CONF PRODUCTS EXCEPT BALLOONS

               0-60     61-69 69.1- 75.1-80        80.1-85   85.1-90                       0-60      60.1-70     70.1-75 75.1-80 80.1-85         90.1-95 95.1-97
Credit Score   LTV       LTV 75 LTV  LTV            LTV       LTV        Credit Score      LTV        LTV         LTV     LTV     LTV 85.1-90 LTV LTV     LTV                                   PRICE ADJUSTMENTS

   0-620       1.250%   2.250%   2.250%   2.750%   3.000%    3.000%         0-620         0.500%     1.500%      3.000%    3.000%     3.000%      3.000%    3.00%     3.00%        Conv 95-97%                            0.85%
  621-639      0.250%   1.250%   1.250%   2.750%   3.000%    2.500%        621-639        0.500%     1.500%      3.000%    3.000%     3.000%      2.750%    2.50%     2.50%        Investment 0-75%                       1.75%
  640-659      0.250%   1.250%   1.250%   2.250%   3.000%    2.500%        640-659        0.500%     1.250%      2.500%    3.000%     2.750%      2.250%    1.750%    1.750%       Investment 75.1-80%                    3.00%
  660-679      0.250%   0.750%   0.750%   1.500%   2.500%    2.000%        660-679        0.000%     1.000%      2.000%    2.500%     2.250%      1.750%    1.250%    1.250%       Investment 80.1-90%                    3.75%
  680-699      0.000%   0.750%   0.750%   1.375%   2.500%    2.000%        680-699        0.000%     0.500%      1.000%    1.500%     1.000%      0.750%    0.500%    0.500%       Condominium 75% LTV +                  0.75%
  700-719      0.000% 0.625% 0.625%       0.750%   1.500%    1.000%        700-719        0.000%     0.500%      0.500%    0.750%     0.500%      0.500%    0.500%    0.500%       Cash Out Conforming Jumbo              1.00%
  720-739      0.000% 0.625% 0.625%       0.750%   1.500%    1.000%        720-739        0.000%     0.000%      0.000%    0.250%     0.000%      0.000%    0.000%    0.000%       Limited Cash Out Jumbo 75% LTV +       0.50%
    740-       0.000% 0.250% 0.250%       0.500%   0.625%    0.625%         740 +         0.000%     0.000%      0.000%    0.000%     0.000%      0.000%    0.000%    0.000%       Additional Units                       1.00%

				
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