MICRO LOAN PROGRAM

Designed for small projects and small business purposes.

Loan Amount                    $250k - $3M

Loan-to- Value                 75%      (80% for some multifamily)

Purpose                            Purchase/Refi/Development/Rehab         (cash out possible)

Lien Position                    1st Position Only

Timing (estimated)         Term Sheet: 2-5 days; Closing 3-4 weeks       (varies based upon nature of project)

Term                                1-3 yrs interest only; 3,5,7,10 yr hybrid or fixed

Interest Rates                 4.75%-9.00% --- 9.00%-12.00%  (Low-rated risk;higher-rated risk;buydowns available)

Lender Points                 2-6 points

Amortization                  15,20,25, or 30 yr or I/O

Recourse                        Full Recourse

Exit Fee                          None

Extensions                    Yes

Prepayment Fee           1-3%         (As a percentage of balance. May be assumable)

Processing Fees           $5k-$10k

Minimum DCSR            1.01+           (Based upon project)

Minimum Credit Score  600 middle score        (No Bks;No tax liens or federal judgments allowed)