Disclosures and Assumptions

**Advertised rate and APR is fixed for the first five years & is for an Adjustable-Rate Mortgage that the initial payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 3.625% at a 75.00% loan-to-value (LTV) is $912.10 with 3.000 points due at closing. The Annual Percentage Rate (APR) is 3.955%. After the initial 5 years, the principal and interest payment is $1,088.97

The fully indexed rate of 5.125% is in effect for the remaining 25 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 5 years.

Assumes: Single Family, Owner Occupied, Rate & Term, Taxes, and Insurance will be

impounded, loan-to-value ratio of 75%; credit score of 721+; Debt-to-Income of 43% or less; loan closes on the last day of the month.The advertised rate and APR is for a Fully Documented loan whereby the borrower will provide Tax Returns, Paystubs & W2’s. This offer will not be extended to any program whereby the borrower will income qualify off bank statements deposits.

With an adjustable-rate mortgage (ARM), your loan will have an initial fixed-rate period.

After the fixed-rate period, your interest rate will adjust up or down according to market rates at the time of reset.

Lifetime Rate Cap 5%

Yearly Adjustment Cap 2%

First Adjustment Rate Cap 2%

ARM Index 2.844%

ARM Margin 2.25%

Application is required and is subject to credit review and approval. Full documentation required.

Not all applicants will be approved. Loan secured by a lien against your property. Fees & charges apply and may vary by State, product, and loan amount. Terms, conditions & limitations apply.

Additional payments of taxes & property insurance are required. Rates shown are those at which loans offered by Lend Plus are currently being closed or committed, but they are subject to change without notice and may not be available at loan commitment, lock-in or closing. You may be required to lock in a rate when you apply. Refinancing may increase the length of your loan and the total amount of interest you pay over the life of your loan. Important information relating specifically to your loan will be contained in the loan documents, which alone will establish your rights and obligations under the loan plan.

Rate and APR at time of publishing established on 09/06/2018 09:00 PST