Current Rates Float the Balance of a 25 year amor. at 2.5 pts. over the fixed period libor or relock for a designated period again. Fix./Per. Rate Points Prepayment % Prepayment Penalties / Yield Maint. Rate Points 1st YR 2nd YR 3rd YR 4th YR 5th YR 6th YR 7th YR 8th YR 3YR 6.50 1 4 2 0 0 0 0 0 0 5YR 6.47 1 5 4 3 2 0 0 0 0 7YR 6.56 1 5 5 4 3 2 1 0 0 10YR 6.60 1 5 5 4 4 3 2 1 0 15 YR FIXED / 15 YR AMORTIZATION 15YR 7.11 1 5 5 4 4 3 2 1 1 Rates Based on rates quoted 2:40 PM 11-3-2006 (may change without notice) Loans From $400,000 to $5,000,000 (Call for quoted rates for loans above 2.0M) Max. LTVS of 75% to 80% an additional 5% on purchase of $2,000,000 or bigger combined 85% LTV Down Payments of 20%, LTV of 80% Reduce rate .15 with 5% more down Down Payment of 10% with the owner carrying back a 2nd of 10%, LTV of 80%   •Not on all Deals Refi's Cash Out 75%, Based on last years historical rents These rates are based on a 1.2 debt servicing ratio If the DSR is better then 1.2 we can low your rate 10 to 30 bases points, deal by deal. Call Russ Davies 952-432-8455 Need to update this daily

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