Guidelines: LTV (Loan to Value) for Developed Land = 75% LTV (Loan to Value) for Raw Land = 65% Global DSCR = 1.25X Rate=WSJ Prime Rate + 1% to 2.5%. (8.5)1 Net Rental Income = (Total Rents Less 25%) X 12 months O When calculated, input annual net rental income in DSCR page to offset debt s O Only to be input if 10-unit building is being proposed for the loan. Amortization = 25 years - Covenants - Assignment of rents. Property Details: 2-Story 10 Unit Developed Land O Value = $1,500,000 Units Rented = 9 Gross Rent per Unit / Month = $1,200 O O 13- Acres of Raw Land for Future Development O Value = $200,000

Guidelines: - LTV (Loan to Value) for Developed Land =75% - LTV (Loan to Value) for Raw Land =65% - Global DSCR=1.25X - Rate = WSJ Prime Rate +1% to 2.5%. (8.5) 1 - Net Rental Income =( Total Rents Less 25%)12 months - When calculated, input annual net rental income in DSCR page to offset debt - Only to be input if 10 -unit building is being proposed for the loan. - Amortization =25 years - Covenants-Assignment of rents Property Details: - 2-Story 10 Unit Developed Land Value=$1,500,000 - Units Rented =9 - Gross Rent per Unit / Month =$1,200 - 13-Acres of Raw Land for Future Development - Value =$200,000