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CMG 801-NPB All In OneLoan Matrix and GuidelinesTable of ContentsTable of Contents . 0801 NPB AIO Eligibility Matrix . 1Program Highlights . 2Product Eligibility / Product Terms / Product Codes . 4Part A – Borrower Eligibility & Property Ownership Restrictions . 4Part B – Appraisals & Property Requirements . 6Part C – Occupancy . 7Part D – Underwriting Documentation . 7Part E – Application . 8Part F – Credit Requirements . 9Part G – Income Documentation . 10Part H – Asset Documentation & Reserve Requirements . 11Part I – Property Eligibility . 12Part J – Disaster Policy . 12Part K – Private Mortgage Insurance . 12Part L – Transaction Types . 13Part M- Secondary/Subordinate Financing . 14Part N- Interested Party Contributions . 14Part Y - Links to CMG Policies, Etc. 15Part Z - Recent Updates / 90 Day Lookback . 16

Control Home for QuickLink back to 1st page/Table of ContentsNorthpointe AIO GuidelinesApril 29, 2021801 NPB AIO Eligibility MatrixTypeFull Doc Loan AmountUp to 750,000 750,001 1,500,000Primary Residence & Second HomePurchase/Rate & TermMax LTVMin Score80%70075%700Max LTV80%75%Cash OutMin Score700700Payment calculated at the greater of the floor rate or the 1-month LIBOR Index margin, by the LOCamount, amortized over 30 years. Refer to the AIO Loan rate sheet for the floor rate per product code.Max debt ratio 40% except as noted below:o DTI: a debt-to-income greater than 40% and up to 43% is allowed when the borrower can verify15% of the line of credit amount in reservesAll loan amounts 500,000 or over require investor approval Prior to Docs and Clear to Close.CMG is delegated on loan amounts up to 500,000Interest on the AIO HELOC cumulates daily throughout each monthly billing -cycle, beginning the dayafter funding. In an effort to help borrowers avoid unnecessary interest expense during the accountset-up period, cash disbursed at closing is discouraged unless needed to fund near-term needs. For allAIO cash out loans when cash in hand is disbursed at closing, the b orrowers must verify their need forcash out at closing by submitting a letter of explanation that explains the amount, reason and timing (ifapplicable).o The AIO HELOC Submission Form will be required at submission for all AIO loans in order tohelp properly set up the loan’s expected initial advance and ca sh-out amounts. This will benefitunderwriters when reviewing the file.o If cash disbursed at closing exceeds the lesser of 1% or 2,000 a detailed borrower explanation(LOE) is required PTD. The explanation letter should outlin e the amount and reason for theborrower requested cash disbursement. If applicable, the explanation should include a referenceto the timing of the use of funds to evidence the disbursement is to fund a near -termneed. (sample/preferred template: AIO HELOC Cash-Out Explanation Form)Zero initial advances (draws) are not allowed.Eligibility Matrix - Regional / Geographic Restrictions:Properties must be located in the following states: AZ - ArizonaCO - ColoradoFL – FloridaIA - IowaID – IdahoIL – IllinoisIN - IndianaMI - MichiganMN – MinnesotaMO – MissouriNC – North CarolinaOR - OregonSC – South CarolinaTN - TennesseeWI - Wisconsinwww.cmgfi.comInformation in these guidelines is for credit policy guidance only and is not a complete representation of CMG Financial (NMLS #1820) Lending Policies. Information is accurate as of thedate of publishing and is subject to change without notice. To verify our state licenses, please log onto the following websites: http://www.cmgfi.com/licensing.php andwww.nmlsconsumeracces.orgP a g e 1

Control Home for QuickLink back to 1st page/Table of ContentsNorthpointe AIO GuidelinesApril 29, 2021Program HighlightsEligible Borrowers: U.S. Citizens Inter-Vivos Revocable Trusts Permanent Resident Aliens Non-Permanent Resident Aliens that meet the following requirements:o Provide documentation to verify borrower is legally present in the U.S.o Evidence borrower is legally employed in U.S. for past 12 monthso Income and employment likely to continue for 3 yearsBorrower Suitability: CMG call between Client Liaison Team and the borrow er(s) is required as a PTD to verify initialadvance (draw amount) and answer any additional questions the borrower may have regarding theproduct. Interest on the AIO HELOC cumulates daily throughout each monthly billing -cycle, beginning the dayafter funding. In an effort to help borrowers avoid unnecessary interest expense during the accountset-up period, cash disbursed at closing is discouraged unless needed to fund near-term needs. For allAIO cash out loans when cash in hand is disbursed at closing, the borrowers must verify their need forcash out at closing by submitting a letter of explanation that explains the amount, reason and timing (ifapplicable).o The AIO HELOC Submission Form will be required at submission for all AIO loans in order tohelp properly set up the loan’s expected initial advance and cash -out amounts. This will benefitunderwriters when reviewing the file.o If cash disbursed at closing exceeds the lesser of 1% or 2,000 a detailed borrower explanation(LOE) is required PTD. The explanation letter should outlin e the amount and reason for theborrower requested cash disbursement. If applicable, the explanation should include a referenceto the timing of the use of funds to evidence the disbursement is to fund a near-termneed. (sample/preferred template: AIO HELOC Cash-Out Explanation Form) Zero initial advances (draws) are not allowed.Minimum Line Size: No minimum.Maximum Draw Amount: 99% of lineCredit Standards: Minimum 700 FICO scoreDebt-to-Income Ratios: Maximum 40%; however, a debt-to-income greater than 40% and up to 43% is allowed whenthe borrower can verify 15% of the line of credit amount in reservesProperty Types: SFR's (modular and manufactured not permitted) 2-4 units properties Condo’s; no litigation permitted Properties recently listed for sale: Rate / Term allowed subject to the following:o Copy of cancellation requiredo Value determined using lesser of last listing price or appraisal Properties recently listed - the following are required both rate/term and cashout: the subject property must not be currently listed for sale copy of cancellation required the borrowers must confirm their intent to occupy the subject property (for principal residencetransactions).www.cmgfi.comInformation in these guidelines is for credit policy guidance only and is not a complete representation of CMG Financial (NMLS #1820) Lending Policies. Information is accurate as of thedate of publishing and is subject to change without notice. To verify our state licenses, please log onto the following websites: http://www.cmgfi.com/licensing.php andwww.nmlsconsumeracces.orgP a g e 2

Control Home for QuickLink back to 1st page/Table of ContentsNorthpointe AIO GuidelinesApril 29, 2021AIO Loan Account Access Terms: Non-borrowers can be added to the account as authorized users post -close by completing a formthrough the mortgage service provider, and will be issued their own VISA card to use.Delegation Status: CMG is delegated on loan amounts up to 500,000www.cmgfi.comInformation in these guidelines is for credit policy guidance only and is not a complete representation of CMG Financial (NMLS #1820) Lending Policies. Information is accurate as of thedate of publishing and is subject to change without notice. To verify our state licenses, please log onto the following websites: http://www.cmgfi.com/licensing.php andwww.nmlsconsumeracces.orgP a g e 3

Control Home for QuickLink back to 1st page/Table of ContentsNorthpointe AIO GuidelinesApril 29, 2021Product Eligibility / Product Terms / Product CodesProduct Terms / Codes: 801-NPB 30 YR AIOooFirst lien position line of credit30 Year draw / repayment periodLife Cap: 6% over greater of floor rate or initial fully indexed rateMargin: See RatesheetIndex: 1 month LIBORFloor: 3.75%oOne Month adjustable rate (index Margin)Part A – Borrower Eligibility & Property Ownership RestrictionsBorrower Suitability CMG call between Client Liaison Team and the borrower(s) is required as a PTD to v erify initialadvance (draw amount) and answer any additional questions the borrower may have regarding theproduct.Interest on the AIO HELOC cumulates daily throughout each monthly billing -cycle, beginning the dayafter funding. In an effort to help borrowers avoid unnecessary interest expense during the accountset-up period, cash disbursed at closing is discouraged unless needed to fund near-term needs. For allAIO cash out loans when cash in hand is disbursed at closing, the borrowers must verify their need forcash out at closing by submitting a letter of explanation that explains the amount, reason and timing (ifapplicable).o The AIO HELOC Submission Form will be required at submission for all AIO loans in order tohelp properly set up the loan’s expected initial advance and cash -out amounts. This will benefitunderwriters when reviewing the file.o If cash disbursed at closing exceeds the lesser of 1% or 2,000 a detailed borrower explanation(LOE) is required PTD. The explanation letter should outlin e the amount and reason for theborrower requested cash disbursement. If applicable, the explanation should include a referenceto the timing of the use of funds to evidence the disbursement is to fund a near -termneed. (sample/preferred template: AIO HELOC Cash-Out Explanation Form)Zero initial advances (draws) are not allowed.Borrower may only have one AIO loan at a time with Northpointe.Loan files must include the AIO simulator results in the loan file:o Borrowers must submit the results from the AIO Simulator specific to their mortgage scenario: Retail: www.aioloan.com Wholesale: www.aioloan.neto Underwriter must review the AIO Simulator results for net tangible benefitNote: State required NTB forms must always be included in the loan file.www.cmgfi.comInformation in these guidelines is for credit policy guidance only and is not a complete representation of CMG Financial (NMLS #1820) Lending Policies. Information is accurate as of thedate of publishing and is subject to change without notice. To verify our state licenses, please log onto the following websites: http://www.cmgfi.com/licensing.php andwww.nmlsconsumeracces.orgP a g e 4

Control Home for QuickLink back to 1st page/Table of ContentsNorthpointe AIO GuidelinesApril 29, 2021Eligible Borrowers U.S. CitizensInter-Vivos Revocable TrustsPermanent Resident AliensNon-Permanent Aliens that meet the following requirementso Provide documentation to verify borrower is legally present in the U.S.o Evidence borrower is legally employed in U.S. for past 12 monthso Income and employment likely to continue for 3 yearsIneligible BorrowersThe following are ineligible borrowers: Aliens that do not meet the above requirementsDiplomatsIrrevocable TrustsLand TrustsLimited and/or general partnerships, corporations, LLC’sNon-occupant co-borrowersExcluded Parties Search (LDP/GSA)Excluded Parties Search (LDP/GSA/CAIVRS)CMG loans require confirmation that companies or individuals involved in the origination or underwriting of a mortgagetransaction are not on the General Services Administration (GSA) excluded party list or the HUD Limited DenialParticipation (LDP). Refer to the CMG Policy: Exclusionary Lists CPS-1019-ALLProperty Ownership RestrictionsMaximum number of financed properties: If subject property is the primary residence: UnlimitedIf subject property is the second home: 6www.cmgfi.comInformation in these guidelines is for credit policy guidance only and is not a complete representation of CMG Financial (NMLS #1820) Lending Policies. Information is accurate as of thedate of publishing and is subject to change without notice. To verify our state licenses, please log onto the following websites: http://www.cmgfi.com/licensing.php andwww.nmlsconsumeracces.orgP a g e 5