• AFR Wholesale, a division of American Financial Resources, Inc. • Nationwide wholesale residential mortgage lender • Headquartered in Parsippany, NJ.

– Corporate Office– Operations– Wholesale Sales and Administration

• GNMA approved seller/issuer, FHA Mortgagee and FNMA seller/servicer.• Grown to one of the largest FHA lenders in the country.

“Our goal is to be the most professional and knowledgeable FHA Wholesale Loan Consultants in the mortgage industry. By combining our outside consultant team with an efficient, consistent and courteous inside support team, we will show our valued business partners how to grow their business through the FHA Lending Channel”

Our Team• Dedicated Account Executive

– Primary point of contact,– Provides support, communication and initial submission qualifications

• Assigned Account Manager– An AFR Account Manager collects the underwriting conditions and helps complete the

file for closing. • Centralized Processing and Underwriting

– Manual FHA underwriting

Dedicated Account Executive(AE NAME)Wholesale Loan ConsultantPhone:Fax: :AE Email:

Premium

Purchase, Cash out, and Rate & Term Transactions FICO 660+

Best prices - Fastest turn-times for underwriting and closing FICO: 660+ LTV/CLTV: Purchase 96.5%, R/T Refi 97.75%, CO Refi 85% Fixed Rate: FHA 15 Year, FHA 25 Year, FHA 30 Year Adjustable: 5/1 ARM 30 Year Property Type: 1-4 Unit, PUD, Approved Condos Max Loan Amount: FHA County Limit Manufactured Housing

Standard

Purchase, Cash out, and Rate & Term Transactions FICO 620 - 659

FICO: 620 – 659 FICO or 620+ Manual Underwrite LTV/CLTV: Purchase 96.5%, R/T Refi 97.75%, CO Refi 85% Fixed Rate: FHA 15 Year , FHA 25 Year , FHA 30 Year Adjustable: 5/1 ARM 30 Year Property Type: 1-4 Unit, PUD, Approved Condos Max Loan Amount: FHA County Limit Manufactured Housing

Portfolio

Purchase, Cash out, and Rate & Term Transactions FICO 600-619

FICO: 600-619 LTV / CLTV: Purchase 96.5%, R/T Refi 97.75%, CO Refi 85% Fixed Rate: FHA 30 Year , FHA 25 Year & Adjustable: 5/1 ARM 30 Year Property Type: 1-2 Unit, PUD, FHA Approved Condos Max Loan Amount: FHA County Limit or $417,000 for SFR or $533,850

for 2 Unit. No Non-Occupied Co-Signers Must have verifiable 12 mo. Housing history No Gift funds for downpayment

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Milestones Procedures

Pre-qualification Account Executive (AE) will pre-qualify your loan prior to it being sent to our Set up and Underwriting departments.

Loan Submission Once the loan is Pre-qualified by the AE, the file should be registered through WebTrac ** and initial documents uploaded as NEW FILE SUBMISSION (see instructions).

Appraisal Streetlinks is our preferred appraisal management company.They are one of the most used AMCs in the industry. Please see our website of the appraisal procedure.

Loan Tracking Track Your Loan with WEBTRAC, acomplete web-based, loan-tracking tool.

Locking Loans can be locked once an approval is issued by an AFR underwriter. Simply send the completed Lock request form to lockdesk@afrwholesale.

Closing The closing process is fast and easy. Simply schedule your loan once it’s cleared for closing.

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Note: All Forms found on www.AFRWholesale.com/all_forms

**Please Contact AE For WebTrac Access

www.AFRWholesale.com

• Important Links– Webtrac– Product Matrices– Daily Rate Sheets– Mortgage Payment Servicing

• Resources– Forms

• Borrower Disclosures• Consumer Protection• Borrower Acknowledgement• Policy and Procedures• FHA/HUD Links• Loan Submission

• GFE Helpdesk• Mortgage Calculators• FAQs

• News– Bulletins – Up to date industry

changes / archives– Press Releases

• Turn Times• Procedures

– Sign up for our Daily Rates emails and bulletins

– Outline of procedures for each step of loan process

– Forms / email addresses for submissions and closings

• Contact Us– Company Contacts– Broker Sign Up– Client Survey

A Key Resource for our Clients

Contact InformationDedicated Account Executive(AE NAME)Wholesale Loan ConsultantPhone:Fax: :AE Email:

Corporate Address9 Sylvan WayParsippany, New Jersey 07054

Account Manager(ACCT MGR NAME)Phone: Fax:ACCTMGR@afrwholesale.com

Mortgage Payment Servicing DepartmentPhone: 800 316-9508Email: paymentquestion@afrmortgage.com