Purchase Transaction;

30 Years;

Loan to Value 97%;

First Mortgage Cannot Exceed Current Fannie Mae Specific County Limit;

Income Cannot Exceed CalHFA Income Limits (Orange County $253,000);

Qualifying Ratios:

• 50% with credit score of 700 or above
• 45% with credit scores less than 700

Minimum credit score is 680;

3% DPA is recorded as a second TD with ZERO interest.