Overview of CHM2 Program (Jumbo Rural Home/Land w/Ag Exempt)

Product Par Only Rate Max LTV

30 Fixed 7.000 80%

20 Fixed 6.625 80%

15 Fixed 6.250 80%

7/1 ARM 6.000 80%

10/1 ARM 6.375 80%

15/1 ARM 6.625 80%

• “A” credit and Full Doc

• Must have Agricultural income or potential for income

• Max LTV 80%

• Primary residence only

• PITI and DTI ratios should meet 28/36 guidelines

• Min FICO is 700 for all borrowers

• Dwelling value => 30% of appraised value

• Ag exemptions OK

• (New!) Escrows will be required on ALL loans

• Rates are good for loans <$2 million. Call for a specific quote for loans that are >$2

million.

A 1.25% rate lock fee required to lock loan

SEE CLOSING FEE SHEET FOR RATE/FEE ADJUSTMENTS