SBM Mortgage Company

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Rates	Points	APR
SBM Mortgage Company offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide: 30 Year Fixed Rates Conforming Loans < $417,000 Jumbo Mortgages > $417,001 Adjustable Rate Mortgages Fixed Period ARM Mortgages Stated Income Mortgages No Documentation Loans First Time Homebuyer Programs Multifamily Loan Programs: Apartment Buildings with 5 or more units. Mixed Use properties with less than 25% commercial use Mobile Home Parks with a minimum of 25 spaces Program Highlights 80% Purchase transaction 80% refinance Loans from $250,000 to $25,000,000 Secondary financing to 85% CLTV Minimum15% cash down with approved secondary financing A,B,C & D Property types Fully amortized loan programs No-negative amortization adjustable rate loans Fixed and Adjustable rates Stated Borrower Income loan options Below breakeven property Debt Coverage loan options Market Rent and Earn-Out loan options DCR - Minimum 1.15 on Apartments Minimum 1.25 on Mixed Use Minimum 1.30 on Commerical Amortization - 30 Years Fixed periods: 3 year, 5 year, 7 year and 10 year periods

30 Year Fixed Rates - Conforming $200,000 to $417,000
Conforming Fixed Rate - I/O $200,000 to 417,000
Jumbo - 30 Year Fixed $417,001 to $1,500,000
5/1 ARM - Conforming $200,000 to $417,000
Rates last updated on Tuesday, April 29, 2008
30 Year Fixed Rates - Conforming $200,000 to $417,000 Term: 30 years Maximum Amount: $417,000
5.625%	1%	5.81%
5.75%	0.625%	5.901%
5.875%	0.25%	5.992%

Conforming Fixed Rate - I/O $200,000 to 417,000 Term: 30 years Maximum Amount: $417,000
Rates	Points	APR
6.125%	1%	6.316%
6.25%	0.5%	6.394%
6.375%	0.25%	6.495%

Jumbo - 30 Year Fixed $417,001 to $1,500,000 Term: 30 years Maximum Amount: $1,500,000
Rates	Points	APR
7%	1%	7.201%
7.25%	0.5%	7.403%
7.375%	0%	7.477%

5/1 ARM - Conforming $200,000 to $417,000 Term: 30 years Maximum Amount: $417,000
Rates	Points	APR
5.375%	1%	5.265%
5.5%	0.75%	5.29%

Licensed by the California Department of Real Estate license #01383178 and the North Carolina Commissioner of Banks license #B-140391.
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $4,170. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $600,000 with closing costs of $6,000. Your actual APR may be different depending upon these factors.