|MAXIMUM TERM OF RATE LOCK||Up to 180 days.|
If loan amount has been reduced at the time of delivery:
|ELIGIBLE LOANS||No size limit; Conventional, Coops, Green Rewards, Green Building Certification Loans, Hybrid ARM Loans, Manufactured Housing Communities, Multifamily Affordable Housing, Seniors Housing, Small Loans, Structured Transactions, Student Housing and Dedicated Student Housing properties. Some may be subject to pre-review.|
|MINIMUM GOOD FAITH DEPOSIT|
|BREAKAGE FEES||Good Faith Deposit (for full break by borrower)|
|PRELIMINARY UNDERWRITING REQUIREMENTS||No prescribed set of preliminary underwriting requirements; the lender makes|
the decision to rate lock based on its own determination of when it has sufficient
preliminary underwriting information.