Sun West Overview. Privately Held Flexibility to respond to Customers needs. CONFIDENTIAL Sun West Mortgage Company, Inc.

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2 Sun West Overview Headquartered in Cerritos, California - Sun West has been serving our nationwide client base since Our diversified loan program experience includes FHA Single Family, FHA Reverse Mortgages, HUD Multi-Family, VA, Conventional and Home Equity mortgages. Sun West Mortgage Company Inc. is a FHA, VA, Freddie Mac, Fannie Mae and Ginnie Mae approved full-service mortgage servicer with over 28 years of experience. Sun West is further recognized as a Ginnie Mae HMBS (reverse mortgage) Issuer, Servicer and Master Servicer. Sun West is one of the few direct lender / servicer that provide in-house underwriting, funding, and servicing. Unlike a broker Sun West makes the underwriting decisions, this means less back and forth, faster answers, and better service Privately Held Flexibility to respond to Customers needs.

3 Nationwide Lender HUD DE approved since 1980 Freddie Mac approved in 1984 Fannie Mae approved in 1986 Ginnie Mae approved in 1988 Nationwide lender

4 The Government Lending Expert Largest issuer of FHA Title 1 securities in the 80s FHA 203K Leader in the 90s Among the select few HUD and GNMA approved multi family lenders and servicers Among the top five reverse mortgage/hecm originators Currently Servicing/Master Servicing over $14billion in FHA/Agency The First FNMA approved PowerSaver Lender- Unlimited funding resources SUN WEST is committed to being a leader in government lending programs

5 Sun West Overview FHA Experts: Sun West has been FHA approved since inception. Experienced Underwriting: Very low turn over in key FHA underwriting positions. Sun West has underwriters with 25+ years underwriting experience and 15+ years at Sun West. Experienced Servicing: 19 years of FHA and Ginnie servicing experience. Sun West understands FHA borrowers and FHA properties. Extensive Experience with Specialty and FHA Products Was the largest originator, securitizer, and servicer of HUD Title I and 203K (rehab) loans. Summary: SWMC experience and expertise in specialty lending means a faster, more efficient and professional experience for contractors and borrowers alike.

6 We believe in building long term relationships with our customers. For many of our customers, we service their loans until final maturity. The Sun West loan servicing center is located in Cerritos CA, which means that it is efficient, local, and dependable. At Sun West, we are currently servicing over 13,000 customers that s $2 Billion dollars and growing every month!

7 The Sun West Advantage Low Rates and Closing Costs: For the first 1000 PowerSaver Loans Sun West will be covering all closing costs* (provided by HUD grant funding) Online and Loan Status: Every step of the way you and the borrower and contractor will be alerted to the status of the loan and the next action to take Instant pre-qualification: By calling our hotline your borrowers will be able to get fast answers about getting a PowerSaver Loan 24hr Conditional Loan Approvals: SWMC s In house underwriting and vast FHA experience gets your borrowers fast answers on loan approval and loan fundings

8 Sun West PowerSaver Rates FHA PowerSaver 15 Year Fixed with LTV =< 90% Interest Rate Cost to Borrower APR* No Cost (PAR) 7.345% FHA PowerSaver 20 Year Fixed =< 90% Interest Rate Cost to Borrower APR* No Cost (PAR) 7.383% *Rates, points, and APRs shown are for a 7 day lock. APRs shown are for loan amount of $25, equal or less than 90% LTV loan in California. State and other conditions and restrictions may apply. 12/1/11

9 Sun West PowerSaver Fees 12/1/11 Fee Description Fee Amount Loan Origination Fee 5% of the Base Loan Amount Discount Points As per Rate Sheet Flood Cert Fee $5.00 Credit Report Fee As per Credit Report Appraisal Report (Exterior Only) As per Appraisal Report Property Inspection Fee $ Title Report Fee $ Notary Fee $ Recording Fee $ Energy Audit Fee Optional, can be financed Permit Fee If applicable, can be financed Fees shown above are only an estimate of the customary costs associated with the PowerSaver loan in CA.

10 12/1/11 Sun West PowerSaver Process

11 Loan Status Communication Borrower and contractors are notified via phone and Prequalification Application status and outstanding loan conditions When loan underwriting conditions are met When loan is approved When loan is cleared to close:settlement date Loan funding 12/1/11

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13 Sun West PowerSaver Summary SUN WEST is a National Lender with 30 years experience in FHA Specialty lending Sun West is the First FNMA approved PowerSaver lender, having unlimited funding resources In house Underwriting and servicing means: Faster Approvals Less back and forth Better Customer Service SWMC has low PowerSaver Rates and Costs Sun West has a streamlined process that keeps the borrower and contractor informed from application to funding Public launch on Monday, April 23 rd.

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