Lima One Capital Broker Program OnBoarding Presentation Welcome Package

2 Thank you for taking the time to attend our Broker Onboarding Presentation Please type your first and last name and address in the chat box for attendance; you will be muted during this webinar For all questions or concerns please type into the chat box Welcome Brokers

3 Background on Lima One Capital FixNFlip Loan Program Rental30 Loan Program Fix2Rent Loan Program Broker Submission Process Agenda

4 HUD protection Streamlined and efficient process for brokers Open communication channels via the Operations Analyst assigned to your client Quick Closings Benefits of Lima One Capital’s Broker Program

5 By partnering with Lima One Capital you’re offering your clients: Fully capitalized funding source Competitive terms Excellent customer service What We Offer

6 Our Lending Area

7 Three Lima One Capital Loan Programs

8 Program Highlights FixNFlipFeatures Down Payment Minimum 20% - Domestic Borrowers Minimum 35% - Foreign Nationals Credit ScoreMinimum 630* Amortization TermInterest Only Prepayment PenaltyNo Seasoning Requirement for Assets, Properties, or Business Entities No Minimum/Max Loan AmountNo Minimum, No Maximum Portfolio loansNo Closing Time FrameEstimated 7-10 business days Appraisal CostEstimated $375-$575/property

9 FixNFlip Loan Programs

10 FixNFlip Broker Pricing

All loans must close in an entity (Limited Liability Company, S-corporation, Corporation, etc.) All borrowers in the entity have to sign a personal guarantee and must provide a copy of the ID as well as contact information. Recourse loan unless it is a foreign national. Loan Requirements

12 Underwriting Requirements

13 Broker Submission Form

14 Include the Construction Budget in the submission . Detailed Construction Budget

15 Program Highlights Rental30Features Maximum LTV 75% - Domestic Borrowers 70%- Foreign Nationals Credit ScoreMinimum 630* Amortization Term30 year, fixed rate, fully amortized Prepayment PenaltyYes Seasoning Requirement for Assets and Properties Assets – 2 month seasoning Properties – 12 month seasoning Minimum/Max Loan Amount $45,000 Minimum No Maximum Interest Rate6.5%-8.85% Closing Time FrameEstimated 30 Business Days Appraisal CostEstimate $450-$600/property Minimum Property Size700 sq ft

Unrestricted Broker points Your fee is based off the Gross Total Loan Amount minus our Origination Fee All Broker points will be assessed on top of 2% Lima One Capital origination fee ($3,500 minimum origination fee) Broker Points

17 Portfolio Loan Requirements Each property included in the portfolio must appraise at a minimum of $45,000 All properties in the portfolio must be in the same state

All loans must close in an entity (Limited Liability Company, S- corporation, Corporation, IRA, etc.) All loans must be personally guaranteed by each borrower unless the borrower is a Solo 401K or an Individual Retirement Account (IRA) IRA loans will receive an upward rate adjustment of 0.50% Loan Requirements

19 Property Seasoning Requirement Refinance/Cash Out owned less than 12 months: Up to 75% LTV of the lesser of the purchase price or appraised value Will lend on the full appraised value if material changes to the property have been made in order to significantly increase the value

1-4 Unit non-owner occupied (investment) properties Properties with ≤ 2 acres Fannie Mae Warrantable Condos Eligible Property Types

Secondary financing is not permitted. This includes but is not limited to: Lines of credit Gift funds Loan from family/friend Secondary Financing

DSCR= The Monthly Rental Income is the gross rental income realized from the property. The Monthly Payment (PITIA) includes principal (P), interest (I), taxes (T), insurance (I), and homeowner’s association dues (A), as applicable. Minimum Qualifying DSCR is 1.3 Monthly Rental Income Monthly Payment/PITIA Debt Service Coverage Ratio (DSCR)

23 Underwriting Requirements

Landlord Experience Properties FinancedRequirements 1-2No experience required 3-41 year experience or licensed property manager 5-73 years experience or licensed property manager 8+Licensed property manager is required

5% stepping down 1% every year Applies only to the portion of any payment that exceeds 20% of the scheduled principal balance Prepayment Penalty

Broker Submission Form

Estimate of Cost

28 Perfect loan for your borrowers who want to rehab a property to add to their portfolio Borrower receives.5 point discount on the Rental30 origination fee Borrower will be underwritten in both FixNFlip and Rental30 Program Highlights

After this presentation, you will be sent a Broker Agreement form. After we have received your sign Broker Agreement, you will be sent our Welcome Packet which includes: -Broker Library Link (save link, not docs) -Unique Identifier Application Link (save link) Broker Agreement

Lima One Capital’s Submission Process

Send your Broker Submission Form to with the subject line as follows: For example: Rental30 – White, Betty FixNFlip – Martin, Steve (123 Main St) Fix2Rent – Williams, Robin (456 Court Lane) All required cells must be filled out correctly and in full. You will receive a response within 24 business hours. Step One: Broker Submits Deal

If the submission is approved… In one label with the loan program and the client’s name, submit all the required documents that were requested. Have your borrower apply online with your unique application link (to be provided). You will receive a response within 24 business hours. Step Two: Submit Borrower and Property Underwriting Documents

Your file will be assigned to an Operations Analyst who will then underwrite your client The assigned Operations Analyst will work with this particular file all the way to closing All additional documentation needed for your clients file should be directed to assigned Operations Analyst Step Three: Underwriting begins

We require an approved HUD, title commitment, broker invoice and broker wiring instructions 48 hours prior to closing Broker fee will be disbursed by the closing agent at time of funding Step Four: Closing

35 Submission Tips Send each Broker Submission in a separate Processors need to state the Broker’s name they are submitting on behalf of for each deal Send documents in individual attachments We cannot accept documents sent through DropBox Do not have your client apply until after the deal submission has been approved and you have sent over all the requested documents

Questions or comments? us at Feel free to call us at (404) and ask for Britni Hendricks or Dalton Elliott We look forward to working with you! Questions?