# Trigger Term/Phrase Required Disclosure Location 1 Tax Free Consult your financial/tax advisor and appropriate government agencies for any effect on taxes or government benefits. 2 No monthly mortgage payments Stay in your home The title and ownership stay in your name Retain the title on your home You must occupy the home as your primary residence and make timely payments on property taxes, Home Owners Association fees, ground rents, homeowner's hazard insurance policy, and maintain the property in a condition equal to when the loan was closed. 3 Quotes Must indicate the first name, first initial of last name, and relationship (i.e. borrower) 4 Spokespersons The spokesperson is being compensated for the messages conveyed. OR Paid actors portray the preceding actual mortgage scenarios 6 The amount or percentage of any down payment. i.e. 5% down or $25,000 down 7 The number of payments or period of repayment. i.e. Up to four years to pay or 30 year mortgages available 8 The amount of any payment. i.e. Monthly payments less than $500 on all our loan plans or $500 per month 9 The amount of any finance charge. i.e. Financing costs less than $300 per year or Less than $1200 interest 10 Rates: If the advertisement states an interest rate and more than one interest rate will apply over the life of the loan the ad must clearly and conspicuously state 11 Payments: If the advertisements states a payment amount these three disclosures must also be included 12 If an advertisement states that the advertised extension of credit may exceed the fair market value of the dwelling, clearly and conspicuously state The terms of repayment and the annual percentage rate using that term, and If the rate may be increased after consummation, that fact. The amount or percentage of the down payment; and The annual percentage rate, using that term, and, if the rate may be increased after consummation, that fact. The amount or percentage of the down payment; the terms of repayment; and The annual percentage rate, using that term, and, if the rate may be increased after consummation, that fact. The amount or percentage of the down payment; the terms of repayment; and The annual percentage rate, using that term, and, if the rate may be increased after consummation, that fact. Each interest rate and, if an ARM loan, a rate determined by adding the index and the margin based on a reasonably current index and margin The period of time the interest rate applies The APR for the loan The amount of each payment that will apply over the term of the loan, including balloon payments (on ARM loans, the payment amount is determined using a reasonably current index and margin) The period of time each payment applies That the payment does not include taxes and insurance, and the actual payment obligation will be greater The interest on the portion of credit that is greater than the fair market value is not tax deductible for Federal income tax purposes. The borrower should consult a tax adviser for further information regarding the deductibility of interest and charges. With Licensing Page 1 of 8
# Trigger Term/Phrase Required Disclosure Location 13 ARM Loans the phrase Adjustable-Rate Mortgage, Variable-Rate Mortgage, or ARM must appear before the first use of the word fixed and is at least as conspicuous. 14 Use of word Fixed when refers to rate or payment 15 Comparing actual or hypothetical borrower s current rate or payment Accompanied by an equally prominent and closely proximate statement of the time period for which the rate or payment is fixed, and the fact that the rate may vary or the payment may increase after that period. The ad must state the rate or payment over the full term of the loan. 16 ARM transactions Must include a statement that the payment or rate is subject to adjustment and the time period when the first adjustment occurs. 17 Using the name of the Must disclose Impac has no affiliation with current lender borrower s current lender 18 List any terms of the loan or Not all applicants will qualify. With Licensing product/ program information 19 List any terms of the loan or Rates, fees terms, and programs are subject to change without With Licensing product/program information notice. 20 List any terms of the loan or Not all loans, loan sizes, or products may apply. With Licensing product/program information 21 Lists any programs Not all programs available in all areas. With Licensing 22 Use of word Best, Lowest, or Prohibited from using the using the word best or lowest Free (State of Washington specific, however recommended implementing in ALL ads.) 23 HARP Loans (when applicable) Freddie Mac and Fannie Mae have adopted changes to the Home With Licensing Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes. If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of HARP. You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites: www.freddiemac.com/mymortgage or http://www.fanniemae.com/loanlookup/. 24 BBB Logo May only use the Better Business Bureau logo on Impac Mortgage Corporate Website Corp. CORPORATE websites. Not approved for Branch or LO websites. 25 NMLS # Must identify NMLS # for Company and LO, if applicable Following name Prohibited from: Claiming debt elimination when replacing one debt with another or waiver of forgiveness by another lender. Indicating products as government when they are not, or that they are endorsed or sponsored by any federal, state, or local government entity, unless the advertisement is for an FHA, VA, or similar loan. Providing information about some terms or required disclosures in a foreign language, and other terms or required disclosures only in English. Using the term counselor when referring to a for-profit mortgage branch or lender. A statement cannot be made that there will be no fees charged when in fact the fees and costs will be incorporated in the loan amount or total amount due from the consumer. The fees charged include any fees collected over the life of the loan, not just at origination. Saves Money : Any comparison between rates or payments, including but not limited to comparisons involving savings. An example of what is not allowed is a deceptive claim the consumer will save money by accepting the credit offer. Page 2 of 8
DBAs: May not use any dba other than what is approved and listed on NMLS. Current approved dba s include: DBA Name None State Approved to Use Licensing Disclaimer RETAIL (National Ads only): 2014 Impac Mortgage Corp. formerly known as Excel Mortgage Servicing, Inc., Corporate Office located at 19500 Jamboree Rd., Irvine, CA 92612, 800-597-4101. NMLS #128231, AL #MC20787; AK #AK128231 AZ #BK-0910550; California Licensed by the Department of Business Oversight, under the California Residential Mortgage Lending Act #4131083; Colorado Regulated by the Division of Real Estate; Georgia Residential Mortgage #23673; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #SL.0025369; Licensed by the Mississippi Department of Banking and Consumer Finance; Nevada 10775 Double R Blvd., Suite 127, Reno, NV 89521-8972, 775-682-4385; Licensed by the New Hampshire Banking Department; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850196.000; OR #ML5014; PA #46178; Licensed by the Virginia State Corporation Commission #MC-5526; and WA #CL-128231. All applications are subject to underwriting guidelines and approval. Not all programs available in all areas. Other restrictions may apply. Registered trade and service marks / illustrations / designs are the property of Impac Mortgage Corp. and/or affiliates. Also doing business in AR, CT, DC, FL, ID, IN, IA, KY, LA, MD, MI, MN, MT, NE, NC, ND, NJ, NM, OK, SC, SD, TN, TX (Rate and Term only), UT, VT, WV, and WI. NMLS Consumer Access - www.nmlsconsumeraccess.org. Equal Housing Lender *Impac Mortgage Corp. is not licensed to conduct business in the following states: DE, HI, MA, MO, NY, RI, TX (Cashout) and WY. Licensing Disclaimer WHOLESALE (National Ads only): 2014 Impac Mortgage Corp. NMLS #128231. www.nmlsconsumeraccess.org. Registered trade/service marks are the property of Impac Mortgage Corp. and/or its subsidiaries. All illustrations and designs are the property of Impac Mortgage Corp., and/or affiliates. Rates, fees and programs are subjected to change without notice. Other restrictions may apply. Information is intended solely for mortgage bankers, mortgage brokers, financial institutions and correspondent lenders. Not intended for distribution to consumers, as defined by Section 226.2 of Regulation Z, which implements the Truth-In-Lending Act. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act (License #4131083). CORRESPONDENT: 2014 Impac Mortgage Corp. NMLS #128231. www.nmlsconsumeraccess.org. Registered trade/service marks are the property of Impac Mortgage Corp. and/or its subsidiaries. All illustrations and designs are the property of Impac Mortgage Corp., and/or affiliates. Rates, fees and programs are subjected to change without notice. Other restrictions may apply. Information is intended solely for mortgage bankers, mortgage brokers, financial institutions and correspondent lenders. Not intended for distribution to consumers, as defined by Section 226.2 of Regulation Z, which implements the Truth-In-Lending Act. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act (License #4131083). Note: the NMLS Consumer access website must point to Impac Mortgage Corp. page. For State Specific Ads please contact Compliance for Licensing Disclaimer. Page 3 of 8
Government Approvals FHA Title II Non-Supervised Mortgage ID 30865-0000-0 Lender FHA Direct Lending Endorsement Mortgage ID 30865-0001-7 Branch Office Approval Fannie Mae Seller/Servicer Service Number 27458-000-3 Veterans Affairs Approval Lender ID 902544 00 00 USDA Loan Program Lender Lender ID 200360682 GNMA I and II No. 4198 Freddie Mac Seller/Servicer 159184 Page 4 of 8
STATE ALABAMA ALASKA ARIZONA IMPAC MORTGAGE CORP. 19500 Jamboree Road, Irvine, CA 92612 Telephone # 800-597-4101 NMLS ID # 128231 - www.nmlsconsumeraccess.org STATEMENT OF LICENSING LICENSE TYPE Licensed by the Alabama State Banking Department under the Alabama Consumer Credit Act, License #MC 20787. Licensed by the Division of Corporations, Business and Professional Licensing, Alaska Mortgage Broker/Lender License #AK128231. Licensed by the Arizona Department of Financial Institutions, Arizona Mortgage Banker License # BK-0910550. ARKANSAS Licensed by the Arkansas Securities Department, Mortgage Banker-Servicer License #100104. CALIFORNIA COLORADO COLORADO CONNECTICUT DISTRICT OF COLUMBIA FLORIDA GEORGIA IDAHO ILLINOIS Licensed by the California Department of Business Oversight, under the California Residential Mortgage Lending Act, License # 4131083. Colorado Mortgage Company Registration, Regulated by the Division of Real Estate. Licensed by the Colorado Department of Law, Uniform Consumer Code, as a Supervised Lender, License #990065 Licensed by the Connecticut Department of Banking as a Mortgage Lender, License #ML- 128231. Licensed by the DC Department of Insurance, Securities & Banking, under the Mortgage Lenders and Brokers Act as Mortgage Dual Authority License #MLB 6977. Expiration Date 12/31/2014 Licensed by the Florida Office of Financial Regulation, Mortgage Lender Servicer License #MLD87. Licensed by the Georgia Department of Banking and Finance, Georgia Residential Mortgage Licensee, Lender License #23673. Licensed by the Idaho Department of Finance, Mortgage Broker/Lender License #MBL-6961. Licensed by the Illinois Department of Financial and Professional Regulation, Division of Banking, Illinois Residential Mortgage Licensee #MB.6760647. INDIANA INDIANA IOWA Illinois Department of Financial and Professional Regulation Division of Banking 122 S. Michigan Avenue, Suite 1900 Chicago, IL 60603 (312) 793-3000 Licensed by the Indiana Department of Financial Institutions under the First Lien Mortgage Lending Act, License #17405. Licensed by the Indiana Department of Financial Institutions under the Subordinate Lien Mortgage Lending Act, License #17406. Licensed by the Iowa Division of Banking, Mortgage Banker License #MBK-2008-0123. Page 5 of 8
STATE IOWA KANSAS KENTUCKY LOUISIANA MAINE MARYLAND MICHIGAN MICHIGAN MINNESOTA MISSISSIPPI MONTANA NEBRASKA NEVADA NEW HAMPSHIRE NEW JERSEY NEW MEXICO NORTH CAROLINA NORTH CAROLINA NORTH DAKOTA OHIO LICENSE TYPE Licensed by the Iowa Division of Banking, Mortgage Banker License #MBK-2011-0013. Licensed by the Kansas Office of the State Bank Commissioner, Supervised Loan License #SL.0026204. Licensed by the Kentucky Department of Financial Institutions, Mortgage Company License #MC23719. Licensed by the Louisiana Office of Financial Institutions, Residential Mortgage Lender License #128231. Licensed by the Maine Department of Professional & Financial Regulation, Loan Servicer License SVR11028. Expiration Date 1/31/2015 *Impac Mortgage Corp. is licensed in Maine to service residential mortgage loans only. Licensed by the Maryland Department of Labor, Licensing and Regulation, Mortgage Lender License #18691. Licensed by the Michigan Office of Financial and Insurance Regulation, First Mortgage Broker/Lender/Servicer License #FL0016702. Licensed by the Michigan Office of Financial and Insurance Regulation, Second Mortgage Broker/Lender/Servicer Registrant #SR0016703. Licensed by the Minnesota Department of Commerce, Residential Mortgage Originator License #MN-MO-40135244. This is not an offer to enter into an agreement. Any such offer may only be made pursuant to Minn. Stat. 47.206 (3) & (4). Licensed by the Mississippi Department of Banking and Finance, Mortgage Lender License #128231. Licensed by the Montana Division of Banking and Financial Institutions, Montana Mortgage Lender License #128231. Licensed by the Nebraska Department of Banking and Finance, Mortgage Banker License #2019. Licensed by the Nevada Department of Business and Industry, Division of Mortgage Lending, Mortgage Broker # 3556. 10775 Double R Boulevard, Suite 127, Reno, NV 89521 (775) 682-4385 Licensed by the New Hampshire Banking Department, Mortgage Banker License, #14559-MB. Licensed by the New Jersey Department of Banking and Insurance, Residential Mortgage Lender License. Licensed by the New Mexico Financial Institutions Division, Mortgage Loan Company License. Licensed by the North Carolina Commissioner of Banks, Mortgage Lender License #L-150038. Licensed by the North Carolina Commissioner of Banks, Reverse Mortgage Loan Authorization #RM-130. Licensed by the North Dakota Department of Financial Institutions, Money Broker License #MB102339. Licensed by the Ohio Department of Commerce, Division of Financial Institutions, Ohio Mortgage Broker Act Banker Exemption #MBMB.850196.000. Page 6 of 8
STATE OHIO OKLAHOMA OKLAHOMA OREGON PENNSLYVANIA SOUTH CAROLINA SOUTH CAROLINA LICENSE TYPE Licensed by the Ohio Department of Commerce, Division of Financial Institutions, Ohio Mortgage Loan Act Certificate of Registration # SM.501615.000. *Impac Mortgage Corp. holds a license under the Ohio Mortgage Loan Act to service residential mortgage loans and originate second lien residential mortgages. However, at this time, Impac does not originate second lien residential mortgages. Licensed by the Oklahoma Department of Consumer Credit, Mortgage Lender License #ML002686. Licensed by the Oklahoma Department of Consumer Credit, Supervised Loan License #SL007661. *Impac Mortgage Corp. holds an Oklahoma Supervised Loan License to originate second lien residential mortgages. However, at this time, Impac does not originate second lien residential mortgages. Licensed by the Oregon Division of Finance & Corporate Securities, Mortgage Lender License #ML-5014. Licensed by the Pennsylvania Department of Banking, Lender License #46178. Expiration Date 12/31/2014 Licensed by the South Carolina State Board of Financial Institutions, Lender/Servicer License #MLS-128231. Licensed by the South Carolina State Board of Financial Institutions, Supervised Lender s License #S-7,675. Expiration Date 1/31/2015 *Impac Mortgage Corp. holds a Supervised Lenders License in South Carolina to service residential mortgage loans and originate second lien residential mortgages. However, at this time, Impac Mortgage Corp. does not originate second lien residential mortgages. SOUTH DAKOTA Licensed by the South Dakota Division of Banking, Mortgage Lender #ML.04978. Expiration Date 12/31/2014 TENNESSEE Licensed by the Tennessee Department of Financial Institutions, Mortgage License #110366. Expiration date 12/31/2014 TENNESSEE Licensed by the Tennessee Department of Financial Institutions, Home Equity Conversion Mortgage Certification #M-110366. Page 7 of 8
STATE TEXAS LICENSE TYPE Licensed by the Texas Department of Savings and Mortgage Lending, SML Mortgage Banker Registration. Attn: Texas Applicants Consumer Compliant & Recovery Fund Notice Complaints regarding a licensed residential mortgage banker or loan originator should be sent to the Texas Department of Savings and Mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705 or by fax to 512-936-2003 or by email to COMPLAINTSUBMISSION@SML.TEXAS.GOV. A toll-free consumer hotline is also available at 1-877-276-5550. TEXAS The Department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers ca by acts of licensed Residential Mortgage Loan Originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the Department prior to the payment of a claim. For more information about the Recovery Fund, please consult the Department s website at www.sml.texas.gov Licensed by the Texas Office of the Consumer Credit Commissioner, Regulated Lender License #13976-54735. This license remains in full force and effect until surrendered, suspended or revoked. * Impac Mortgage Corp. holds a Regulated Lender License in Texas to originate certain cashout refinances, HELOCS, second liens, and service residential mortgage loans. However, at this time, Impac does not originate HELOCS or second lien residential mortgages. UTAH Residential First Mortgage Notification and Consumer Credit Notification, held with the Utah Department of Financial Institutions VERMONT Licensed by the Vermont Department of Financial Regulation, Lender License #6532. VERMONT Licensed by the Vermont Department of Financial Regulation, Loan Servicer License #128231-1. VIRGINIA Licensed by the Virginia State Corporation Commission, Bureau of Financial Institutions, Mortgage Lender/Broker License #MC-5526. WASHINGTON Licensed by the Washington Department of Financial Institutions, Consumer Loan Company License #CL-128231. WEST VIRGINIA Licensed by the West Virginia Division of Banking, Mortgage Lender License #ML-24452. WISCONSIN Licensed by the Wisconsin Department of Financial Institutions, Mortgage Banker License #215078BA. Page 8 of 8