The Most Aggressive Subprime Program Today!

CFS AltNet
to $500,000

$50,000

90% LTV Stated Income 600 score (W2 or SE) 100% LTV 600 score 95% LTV 560 score
NO RESERVES NO MI UP TO 55% DTI COLLECTIONS > 24 MOS CAN REMAIN OPEN!
First Lien 15-,30- ; Hybrid LIBOR 2/28, 3/27
OWNER OCCUPIED

PURCHASE, RATE/TERM REFI, EQUITY CASH OUT

LTV CLTV LOAN AMOUNT SCORE 12 MON HOUSING HISTORY BANKRUPTCY HISTORY FORECLOSURE HISTORY MAX DTI

FULL DOC 100

80 95 90 95 90 95 90 80 75 70 75 70 65 70 65 60 85 85 80 75 70 65

Single Family, PUDs, 1-8 Condos

100 100 95 100 95 100 95 100 95 95 90 90 95 95 90 90 95 95 90 90 95 95 95 90 90 85 85

$400,000 $500,000 $300,000 $400,000 $300,000 $400,000 $300,000 $400,000 $400,000 $400,000 $300,000 $250,000 $400,000 $400,000 $300,000 $250,000 $400,000 $400,000 $300,000 $250,000 $300,000 $350,000 $350,000 $350,000 $350,000 $250,000 $200,000

600 600 600 600 580 580 560 560 580 560 540 520 560 560 540 520 560 560 540 520 600 600 580 580 560 540 520

0 X 30 0 X 30 1 x 30 1 x 30 2x30 Rolling OK 2x30 Rolling OK 1 x 30 1 x 30 Unlimited 30 day lates 1 x 60 day late Unlimited 60 & 30 lates 1 x 90 day late Unlimited 30 day lates 1 x 60 day late Unlimited 60 & 30 lates 1 x 90 day late Unlimited 30 day lates 1 x 60 day late Unlimited 60 & 30 lates 1 x 90 day late 0 x 30 1 x 30 2x30 Rolling OK Unlimited 30 day lates 1 x 60 day late Unlimited 60 & 30 lates 1 x 90 day late

None past 3 yrs None past 3 yrs Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo

None past 5 yrs None past 5 yrs None past 5 yrs None past 5 yrs None past 3 yrs None past 3 yrs None past 3 yrs None past 3 yrs None past 3 yrs None past 2 yrs None past 2 yrs None past 1 yrs None past 2 yrs None past 2 yrs None past 2 yrs None past 1 yrs None past 2 yrs None past 2 yrs None past 2 yrs None past 1 yrs None past 5 yrs None past 5 yrs None past 3 yrs None past 3 yrs None past 2 yrs None past 2 yrs None past 1 yrs None past 5 yrs None past 5 yrs None past 3 yrs None past 3 yrs None past 2 yrs None past 2 yrs None past 1 yrs

55 55 55 55 55 55 55 55 55 50 50 50 50 50 50 50 50 50 50 50 55 55 50 50 50 50 50 55 55 50 50 50 50 50

FULL DOC 85
Single Family

FULL DOC 80
2-4 Unit, 1-8 Condos

FULL DOC 75
3 Unit t, Condos > 8

FAST DOC 90
Single Family (Reduce LTV 5% 2-4 Unit & 1-8 Condos)

STATED INCOME 901

Single Family (Reduce LTV 5% 2-4 Unit & 1-8 Condos)
1

0 x 30 Ch 7 discharged 12 mo 90 600 $300,0001 90 1 x 30 Ch 7 discharged 12 mo 85 $300,000 600 90 2x30 Rolling OK Ch 7 discharged 12 mo 80 $300,000 580 85 Unlimited 30 day lates Ch 7 discharged 12 mo 75 $300,000 580 85 1 x 60 day late Ch 7 discharged 12 mo 70 $300,000 560 80 Unlimited 60 & 30 lates Ch 7 discharged 12 mo 65 $200,000 540 80 1 x 90 day late Ch 7 discharged 12 mo 60 $150,000 520 Wage Earners and Self Employed Acceptable. Self Employed for all other credit grades.

NON-OWNER OCCUPIED

FULL DOC 90
80 Single Family (Reduce LTV 5% 2-4 Unit & 1-8 Condos) 80 75 70 65 60

95 90 90 85 85 80 80 90 85 85 80 80 75 75 85 80 80 75

$300,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $200,000 $250,0001 $250,000 $250,000 $250,000

600 600 580 560 540 520 520 600 600 580 580 560 540 520 600 600 580 580

0 X 30 1 x 30 2x30 Rolling OK Unlimited 30 day lates 1 x 60 day late Unlimited 60 & 30 lates 1 x 90 day late 0 x 30 1 x 30 2x30 Rolling OK Unlimited 30 day lates 1 x 60 day late Unlimited 60 & 30 lates 1 x 90 day late 0 x 30 1 x 30 2x30 Rolling OK Unlimited 30 day lates

None past 3 yrs Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo Ch 7 discharged 12 mo

None past 5 yrs None past 5 yrs None past 3 yrs None past 3 yrs None past 2 yrs None past 2 yrs None past 1 yrs None past 5 yrs None past 5 yrs None past 3 yrs None past 3 yrs None past 2 yrs None past 2 yrs None past 1 yrs None past 5 yrs None past 5 yrs None past 3 yrs None past 3 yrs None past 2 yrs

55 55 50 55 50 50 50 55 55 50 50 50 50 50 55 55 50 50 50

FAST DOC 85
75 Single Family (Reduce LTV 5% 2-4 Unit & 1-8 Condos) 75 70 65 60 55

STATED INCOME 801

Single Family (Reduce LTV 5% 2-4 Unit & 1-8 Condos) 70 70 65

70 1 x 60 day late Ch 7 discharged 12 mo 55 $200,000 560 1 Wage Earners and Self Employed Acceptable. Self Employed for all other credit grades.

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