1. Capital Mortgage Partners BIBLE Capital Mortgage Partners BIBLE BY: JACK GETTER III

2. Contents Broker Commission Broker Commission Broker Responsibilities Broker Responsibilities Processing Processing Bi Laws Bi Laws File Flow File Flow Collecting Documentation Collecting Documentation Ordering Documentation Ordering Documentation Post Closing & Getting Paid Post Closing & Getting Paid FL. 494 FL. 494 Marketing Marketing Branch Offices Branch Offices

3. Broker Commission 60/40 SPLIT 60/40 SPLIT All Mortgage broker who hang there licenses on our wall will be paid 60% of the total points charged on a file. All Mortgage broker who hang there licenses on our wall will be paid 60% of the total points charged on a file. Up to $15,000 in broker fees collected in any month will split Up to $15,000 in broker fees collected in any month will split 60/40 60/40 $15,000 to $20,000 per month will split $15,000 to $20,000 per month will split 65/35 65/35 Above $20,000 will split Above $20,000 will split 70/30 70/30 Commercial files will split 50/50 assuming The file is handled by principle broker Commercial files will split 50/50 assuming The file is handled by principle broker Commercial files handled by broker will split per above Commercial files handled by broker will split per above

4. BROKER RESPONCIBILITIES Take complete application 1003, Good faith, & Disclosures Take complete application 1003, Good faith, & Disclosures Get all the papers signed by the borrower Get all the papers signed by the borrower Collect all necessary documentation from the borrowers Collect all necessary documentation from the borrowers Pending file. Three day docs are (Truth in Lending, Good Faith, Mortgage Brokerage Agreement) Must be sent to client. Pending file. Three day docs are (Truth in Lending, Good Faith, Mortgage Brokerage Agreement) Must be sent to client. Original application check must be stapled to the inside left page of the package. If there was no check collected you must make explanation of how appraisal was paid for and credit report on a piece of paper stapled as described above. Or you will be responsible for that fee. Original application check must be stapled to the inside left page of the package. If there was no check collected you must make explanation of how appraisal was paid for and credit report on a piece of paper stapled as described above. Or you will be responsible for that fee. Within 72 Hrs. Principle broker needs a copy in point. Email or Disk. W/ Scenario explanation Within 72 Hrs. Principle broker needs a copy in point. Email or Disk. W/ Scenario explanation

5. Processing OPENING THE FILE OPENING THE FILE Register Loan with chosen bank Register Loan with chosen bank Order Appraisal Via. assigned appraisal company Order Appraisal Via. assigned appraisal company Order Title Via. assigned Title Company Order Title Via. assigned Title Company Order Insurance when appraisal comes back Via. assigned Insurance Co. Order Insurance when appraisal comes back Via. assigned Insurance Co. Fax conditions to bank to satisfy pre-quall Via. Principal Broker or Broker Fax conditions to bank to satisfy pre-quall Via. Principal Broker or Broker Update Broker full time on status of their loan & Docs they may need Update Broker full time on status of their loan & Docs they may need Communicate with broker on locking loan Communicate with broker on locking loan Communicate with broker on expiration date Communicate with broker on expiration date Communicate with broker on scheduling closing date & time Communicate with broker on scheduling closing date & time Check HUD & Communicate with Broker Check HUD & Communicate with Broker PROCESSING FEES PROCESSING FEES Processors earn $350-$500 per file they successfully close. Earning fees from a bank is payable Via. Principal Mortgage Brokers Approval. Processors earn $350-$500 per file they successfully close. Earning fees from a bank is payable Via. Principal Mortgage Brokers Approval. Taking a percentage of the file, or excepting payment on the side. From a broker is against our bi-laws. You can be terminated Taking a percentage of the file, or excepting payment on the side. From a broker is against our bi-laws. You can be terminated

6. Bi-Laws In order to limit the liabilities of Capital Mortgage Partners you must complete the following in order to get paid: In order to limit the liabilities of Capital Mortgage Partners you must complete the following in order to get paid: Report all new applicants to principle broker within 72 hours. Report all new applicants to principle broker within 72 hours. Make sure your new loans are logged in the book. Make sure your new loans are logged in the book. All signatures on 1003 and disclosures (Including page 3 broker signature) All signatures on 1003 and disclosures (Including page 3 broker signature) Good faith must match HUD at post closing otherwise you must get a new Good faith signed by the borrower to comply with the law. If the deal changes during processing, a NEW GFE and TIL MUST be produced and signed. Good faith must match HUD at post closing otherwise you must get a new Good faith signed by the borrower to comply with the law. If the deal changes during processing, a NEW GFE and TIL MUST be produced and signed. You must fill out post closing work sheet, which will be available in all new application packages. You must fill out post closing work sheet, which will be available in all new application packages. Original application check must be stapled to the inside left page of the package. If there was no check collected you must make explanation of how appraisal was paid for and credit report on the loan cover sheet. Original application check must be stapled to the inside left page of the package. If there was no check collected you must make explanation of how appraisal was paid for and credit report on the loan cover sheet. Using a person in our office to pick up or drop off documentation on your files takes them off our files. It also keeps them from originating loans or processing Ect.. So if you are not available to get your own docs. & need someone to get one or more docs. For you to close a deal. They will be paid a courier fee of $100 for each pick up or delivery paid out of your commission. Using a person in our office to pick up or drop off documentation on your files takes them off our files. It also keeps them from originating loans or processing Ect.. So if you are not available to get your own docs. & need someone to get one or more docs. For you to close a deal. They will be paid a courier fee of $100 for each pick up or delivery paid out of your commission.

7. File Flow Take 1003 Take 1003 Name, Social Security Number, Address, Name, Social Security Number, Address, By phone: (Clock starts when info is input) By phone: (Clock starts when info is input) In Person: (Clock starts with signature on 1003) In Person: (Clock starts with signature on 1003) By Mail (Clock starts when you agree to mail) By Mail (Clock starts when you agree to mail) Within 24 Hrs. Principle broker needs a copy in point. Email or Disk. W/ Scenario explanation Within 24 Hrs. Principle broker needs a copy in point. Email or Disk. W/ Scenario explanation File gets logged - pending or prequal File gets logged - pending or prequal Pending file. Three day docs are (Truth in Lending, Good Faith, Mortgage Brokerage Agreement) Pending file. Three day docs are (Truth in Lending, Good Faith, Mortgage Brokerage Agreement) Rate lock will be as per Mortgage Brokerage Business Contract. Rate lock will be as per Mortgage Brokerage Business Contract. Collect docs (Within 3 days Principal Mortgage Broker needs original file.) Collect docs (Within 3 days Principal Mortgage Broker needs original file.) Submit file to Principal Mortgage Brokerage Business W/ Application check (First) (Before Processing) Submit file to Principal Mortgage Brokerage Business W/ Application check (First) (Before Processing) File will be combed for structuring, structured and submitted to processing with complete credit package File will be combed for structuring, structured and submitted to processing with complete credit package 24-48 hours for Broker to complete. File stays w/ Principal Mortgage Brokerage Business 24-48 hours for Broker to complete. File stays w/ Principal Mortgage Brokerage Business Processing time (changes) 24 to 72 hours to submit to lender Processing time (changes) 24 to 72 hours to submit to lender

8. Collecting Documentation PURCHASES PURCHASES AS INDIVIDUALS AS INDIVIDUALS Contract Contract Condo Association Name & Number Condo Association Name & Number Survey Survey Last 3 months bank statements Last 3 months bank statements Last 3 months Financials (Stocks, IRAS, Retirement Funds, Asset Ect.) Last 3 months Financials (Stocks, IRAS, Retirement Funds, Asset Ect.) Last 30 days pay stubs Last 30 days pay stubs Last 2 years tax returns Last 2 years tax returns Last 2 years W-2s Last 2 years W-2s Social Securities Awards Letter Social Securities Awards Letter Copy of Lease Agreement Copy of Lease Agreement HUD on sold home HUD on sold home Copy of Drivers Licenses Copy of Drivers Licenses REFINANCE REFINANCE Condo Association Name & Number Condo Association Name & Number Warranty Deed Warranty Deed Current Mortgage Statement Current Mortgage Statement Insurance Info Insurance Info Copy of Survey Copy of Survey Copy of Prior Title Copy of Prior Title Last 3 months bank statements Last 3 months bank statements Last 3 months Financials (Stocks, IRAS, Retirement Funds, Asset Ect.) Last 3 months Financials (Stocks, IRAS, Retirement Funds, Asset Ect.) Last 30 days pay stubs Last 30 days pay stubs Last 2 years tax returns Last 2 years tax returns Last 2 years W-2s Last 2 years W-2s Social Securities Awards Letter Social Securities Awards Letter Copy of Drivers Licenses Copy of Drivers Licenses

9. Post Closing & Getting Paid Brokers Name: Brokers Name: Client's Name: Client's Name: Purchase Price: Purchase Price: App Date: App Date: Loan Amount: Loan Amount: Closing Date: Closing Date: Lenders name: Lenders name: Items Needed In Folder: Items Needed In Folder: Mortgage Brokerage Agreement Mortgage Brokerage Agreement 1003 1003 Disclosures Disclosures Signed Closing Statement or documentation of denial or cancellation Signed Closing Statement or documentation of denial or cancellation Signed Good Faith Signed Good Faith Supporting documentation for all expenses paid by the licensee on behalf of the client Supporting documentation for all expenses paid by the licensee on behalf of the client Lock in form or Commitment Lock in form or Commitment Supporting lender docs for the same Supporting lender docs for the same Proof of title insurance or Written waiver by the investor. Proof of title insurance or Written waiver by the investor. If a Junior mortgage, the investor's written acknowledgment of any superior liens. If a Junior mortgage, the investor's written acknowledgment of any superior liens. Written acknowledgment of receipt of the recorded mortgage by the investor Written acknowledgment of receipt of the recorded mortgage by the investor Documentation disclosing the licensee's function as a principal or borrower if applicable Documentation disclosing the licensee's function as a principal or borrower if applicable Truth In Lending (original and revised) Truth In Lending (original and revised) Good faith must match HUD w.r.t broker fees at post closing otherwise you must get a new Good faith signed by the borrower to comply with the law Good faith must match HUD w.r.t broker fees at post closing otherwise you must get a new Good faith signed by the borrower to comply with the law Original application check must be stapled to the inside left page of the package. If there was no check collected you must make explanation of how appraisal was paid for and credit report on a piece of paper stapled as described above. Original application check must be stapled to the inside left page of the package. If there was no check collected you must make explanation of how appraisal was paid for and credit report on a piece of paper stapled as described above. HUD, NOTE, MORTGAGE, & TRUTH IN LENDING MUST BE IN THE POST CLOSED FILE! HUD, NOTE, MORTGAGE, & TRUTH IN LENDING MUST BE IN THE POST CLOSED FILE!

10. Welcome To Capital Mortgage Partners! Our Website is http://www.CapitalMortgagePartnersFl.com Our Telephone is 954-847-9955 Our Fax: 954-847-9953