New Secondary Market Underwriting Guidelines

1. All borrowers' birth certificates will be required with pictures taken in the hospital with medical staff. Birth certificate with a live home delivery will not be eligible for first time home buyers. 2. Marriage certificate with bridal dress will be required if both husband and wife are required to qualify for the loan. 3. GFE will not require signature, but will require blood sampling from a recognized institution within three days of application. 4. DNA test will be performed at closing to avoid any non-arms length transactions. Loan funding will be contingent upon satisfactory receipt of DNA results. 5. Verification of deposit will be acceptable only if Bank representative is present at the closing. 6. Copy of Pay stubs and W2 will only be acceptable through IRS and only with a wax-sealed envelope mailed directly to the lender. 7. Seven witnesses from the neighborhood will be required as proof of primary residence in case borrower owns more than 1 property. 8. All appraisers will be required to use masks and ear plugs at the time of inspection to avoid any personal influence by the borrower or broker for the appraised value. 9. In order to correctly calculate DTI and true housing ratio a list of grocery items, monthly usage and brand names will be required with receipts and projected 12 month consumption chart. 10. Closing will not occur without loan officer presence at settlement and loan officer picture will be taken at the closing in a mug shot format with loan number. Picture should meet standard guideline of 2 X 2 inch in color format with one facing and one side view. 11. Loan officer picture will be attached to the Deed and note and will be made available for general public and security agencies in case borrower defaults on the loan The loan approval will have to be signed by the Secretary of the Treasury.