Docstoc

G1

Document Sample
G1 Powered By Docstoc
					                                                                                                      Pricing Effective
                                                                                                        Maximum 5 locks

                                                                                            Correspondent Pric
5151 Corporate Drive Troy, Michigan 48098                           Expiration Dates:               48 Contiguous States
Lock on-line        www.wholesale.flagstar.com                      10 Day    05/30/06
Lock-Ins            (800) 93-RATES                                  15 Day    06/02/06
Lock-Ins Fax        (248) 312-LOCK                                  30 Day    06/19/06
Main Office         (800) 945-7700                                  50 Day    07/07/06
Underwriting        (800) 447-7181                                  60 Day    07/17/06




                                                 Agency Fixed Rates (Doc# 5301)
                                       MAXIMUM NET PREMIUM ON CONFORMING FIXED PROGRAMS IS 103.00
                                               Offsheet Pricing Available in Loantrac and Price Quote
 15 Year     15 Day    30 Day     50 Day    60 Day    70 Day                           30 Year
  5.625       98.721    98.705     98.685   98.574    98.464                            6.000
  5.750       99.138    99.117     99.090   98.976    98.863     10 Year price is = to  6.125
  5.875       99.747    99.721     99.687   99.570    99.453     15 Year subtract 0.1   6.250
  6.000      100.114   100.084    100.043   99.922    99.801                            6.375
  6.125      100.472   100.436    100.388 100.264 100.140                               6.500
  6.250      100.977   100.936    100.881 100.754 100.627                               6.625
                                                                 20 Year price is = to
  6.375      101.492   101.446    101.385 101.254 101.123                               6.750
                                                                30 Year improved .125
  6.500      101.750   101.698    101.630 101.495 101.361                               6.875
  6.625      101.996   101.939    101.864 101.726 101.589                               7.000
  6.750      102.073   102.011    101.929 101.788 101.647       25 Year Price is = to   7.125
  6.875      102.488   102.421    102.332 102.188 102.043           30 Year Price       7.250
  7.000      102.701   102.629    102.576 102.385 102.237                               7.375
    Fannie Mae 35 and 40 Year Fixed (doc #5313)                                           30 Year Interest-Only (10
35/40 Year   15 Day    30 Day     50 Day     60 Day     70 Day                           30 Year
  6.625       99.302    99.245     99.170     99.032     98.895                           6.375
  6.750       99.784    99.722     99.640     99.499     99.358                           6.500
  6.875      100.334   100.268    100.179    100.034     99.890                           6.625
  7.000      100.874   100.802    100.706    100.558    100.410                           6.750
  7.125      101.311   101.234    101.132    100.980    100.829                           6.875
  7.250      101.405   101.323    101.213    101.059    100.904                           7.000
  7.375      101.805   101.718    101.601    101.443    101.285                           7.125
  7.500      102.185   102.092    101.969    101.807    101.646                           7.250
  7.625      102.562   102.464    102.334    102.169    102.004                           7.375
  7.750      102.936   102.834    102.697    102.528    102.360                           7.500
                          State Tier Adjustments                                                    Conforming
Tier 1+                          TX
Tier 1                           FL, NY
Tier 2                           GA, MD, NC, NJ, OK, PA, TN
Tier 3                           AL, AR, CT, DE, ID, IN, IA, KS, KY, LA, MI, MS, MO,
                                  NE, NH, NM, ND, OH, RI, SC, SD, VA, VT, WA
Tier 4                            AZ, CA, CO, MA, ME, MT, NV, UT                  (CA no escrow waiver fee)
Tier 5 (no escrow waiver fee)     IL, OR, WI
Tier 6                            AK, DC, HI, MN, VI, WV, WY                     (MN no escrow waiver fee)
                         Tier 1+     Tier 1        Tier 2      Tier 3       Tier 4      Tier 5      Tier 6
Loan Size
$30,000-$49,999          -0.625      -0.725        -0.825      -0.875       -0.925      -1.000     -1.025
$50,000-$74,999          -0.125      -0.225        -0.325      -0.375       -0.425      -0.500     -0.525
$75,000-$99,999           0.000      -0.100        -0.200      -0.250       -0.300      -0.375     -0.400
$100,000-$124,999         0.125       0.025        -0.075      -0.125       -0.175      -0.250     -0.275
$125,000-$149,999         0.185       0.085        -0.015      -0.065       -0.115      -0.190     -0.215
$150,000+                 0.250       0.150         0.050          0        -0.050      -0.125     -0.150
$175,000-$224,999         0.290       0.190         0.090       0.040       -0.010      -0.085     -0.110
(CONV. 30Y, 15Y and SISA ONLY)
$225,000-$274,999         0.325       0.225         0.125       0.075        0.025      -0.050     -0.075
(CONV. 30Y, 15Y and SISA ONLY)
$275,000+                 0.375       0.275         0.175       0.125        0.075         0       -0.025
(CONV. 30Y, 15Y and SISA ONLY)
         Additional Conforming Low Doc Adjustments (Doc #5302)                                 SISA
Doc Type Credit Score <= 60% 60.01-70% 70.01-75% 75.01-90% 90.01-95%                      Adjustments
               700+      - 0.250    - 0.500        -0.875      -1.625       -1.875          Doc #5333
SIVA/NIV
             660-699     - 0.375    - 0.750        -1.375      -2.000         N/A     Adjustments to price
NIVA/No        700+      -0.375      -0.750        -1.125      -2.000       -2.750
Ratio        660-699     -0.500      -1.000        -1.500      -2.375         N/A        FICO        Adj
                                                                -2.500                680-699      -0.500
NINA           720+      -0.500      -1.000        -1.500     max 80%         N/A
                                                                                       700-719     -0.250
                                                                 LTV
Cash-Out up to 70% LTV (SIVA/NIVA) subtract .375 from price 2-units add 0.25% to Rate    720+      no adj
Cash-Out 70.01 - 75% LTV (SIVA/NIVA) sub. .875 from price 3-4 units add 0.375% to Rate
Cash-Out 75.01-90% LTV (SIVA/NIVA) sub. 1.25 from price 2nd Home add 0.25% to Rate Also use conforming
Cash-Out up to 60% (NINA only) subtract 0.50 from price I-O add 0.625% to Rate loan adjustments to
Cash-Out 60.01-70% (NINA only) subtract 0.75 from price                                    the right.
             Escrow waiver, separate fee of .25 charged, contact underwriter for details. Excludes CA, IL, MN, OR, WI and confo
Flagstar Bank will not fund nor purchase a High Cost Home Loan (as that term is defined in Sec. 32 of Reg. Z. or in applicable
laws). Flagstar Bank is not privy to negotiations with individual borrowers. It is the responsibility of the broker/correspondent to
the loan program chosen with regard to the individual borrower’s needs and circumstances. Please refer to our High Cost Hom
further information.
                                           RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE (G.20)
                                     May 18, 2006
                 Pricing Effective 4:00 P.M. EDT
                    Maximum 5 locks after 4:45 p.m.

     Correspondent Price Indication Sheet
               48 Contiguous States & PR              AK, HI, VI
                1 unit       $417,000                 $625,500
               2 units         $533,850                $800,775
               3 units         $645,300                $967,950
               4 units         $801,950               $1,202,925




Doc# 5301)
IXED PROGRAMS IS 103.00
c and Price Quote
             15 Day  30 Day          50 Day       60 Day     70 Day
              98.581  98.550          98.509       98.388     98.268
              99.099  99.063          99.016       98.892     98.768
              99.782  99.741          99.686       99.559     99.431
             100.491 100.445         100.383      100.252    100.121
             100.936 100.884         100.816      100.682    100.547
             101.370 101.313         101.238      101.100    100.963
             101.856 101.795         101.712      101.571    101.430
             102.444 102.377         102.288      102.144    101.999
             102.758 102.686         102.590      102.442    102.294
             102.961 102.884         102.781      102.629    102.478
             102.988 102.906         102.797      102.642    102.487
             103.341 103.254         103.137      102.979    102.821
   30 Year Interest-Only (10Y I-O Term) (doc #5327)
           15 Day        30 Day      50 Day       60 Day     70 Day
            98.581        98.550      98.509       98.388     98.268
            99.099        99.063      99.016       98.892     98.768
            99.782        99.741      99.686       99.559     99.431
           100.491       100.445     100.383      100.252    100.121
           100.936       100.884     100.816      100.682    100.547
           101.370       101.313     101.238      101.100    100.963
           101.856       101.795     101.712      101.571    101.430
           102.444       102.377     102.288      102.144    101.999
           102.758       102.686     102.590      102.442    102.294
           102.961       102.884     102.781      102.629    102.478
               Conforming Loan Adjustments
          Purpose
          R/T Refinance subtract .125 from price
          C-O Refi <=70% LTV subtract .125 from price (excludes NIV)
          C-O Refi 70.01-80% subtract .625 from price (excludes NIV)
                 C-O Refinance 80.01-90% LTV subtract .875 from price
                 Occupancy
                 Investment property <=75% subtract 1.50 from price
                 Investment property 75.01-80% subtract 2.0 from price
                 Investment property 80.01-90% subtract 2.50 from price
                 CLTV
                 >90% CLTV subtract .25 from price
                 Mfg. Housing (Agency Fixed products only)
                 Mfg Housing RT Refi/Purchase subtract 1.5 from price
                 Mfg Housing CO Refi subtract 2.0 from price
                 LTV (FNMA Interest-Only)
                 >90% LTV subtract .25 from price
                 Multi-Unit
                 2 units 90.01-95% LTV subtract .50 from price
                 3-4 units subtract 1.5 from price
                 NY Transfer Tax
                 subtract .25 from price (NY properties only)
                 Fannie Mae Interest-Only (15Y I-O Term)
                 add 0.625% to RATE
                 ALT 97/GOLD ALT 97
                 subtract .75 from price
                 FANNIE 97/GOLD 97
                 subtract .50 from price
                 LPMI (Agency Fixed, ALT 97 & I-O products only)
                 80.01-85% LTV subtract 0.73 from price
                 85.01-90% LTV subtract 1.0 from price
                 90.01-95% LTV subtract 1.35 from price
                 95.01-97% LTV subtract 1.75 from price
                 Cash-Out Refinance subtract 0.30 from price
                 Second Homes subtract 0.30 from price
                 Investment properties subtract 0.75 from price
cludes CA, IL, MN, OR, WI and conforming products in NY
n Sec. 32 of Reg. Z. or in applicable State or local predatory lending
sibility of the broker/correspondent to discern the appropriateness of
s. Please refer to our High Cost Home Loan Policy, Doc. 4612 for

 WITHOUT NOTICE (G.20)

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:19
posted:7/13/2011
language:English
pages:6