EXPERIENCE THE DIFFERENCE ! BECOME A PRMG SELECT CORRESPONDENT

2. EXPERIENCE THE DIFFERENCE!BECOME A PRMG SELECT CORRESPONDENT • AS THE CORRESPONDENT: YOU DISCLOSE AND ESTABLISH YOUR EARLY FEE COLLECTION DATE AND EARLY CLOSE DATE • ENJOY THE INCOME BENEFITS OF BEING A CORRESPONDENT AND DRIVE YOUR OWN FEES AND INCOME • AS A PRMG SELECT CORRESPONDENT: PRMG WILL DRAW THE DOCS IN YOUR NAME AND PROVIDE ALL THE SERVICES YOU CURRENTLY HAVE WITH PRMG, INCLUDING UW, CLOSING, FUNDING AND POST CLOSING • BECOME A SELECT CORRESPONDENT WITHOUT THE COST OF ADDITIONAL STAFF • LOW NET WORTH REQUIREMENTS • PRIORITY SERVICE • NO DRAW FEES • NO NON-USAGE FEES

3. Share the Warehouse Line Video “Advantages of Warehouse Lending” with my PRMG customer at www.GoldomeLLC.com

4. WHO IS MY POTENTIAL CUSTOMER? Anyone who is currently approved with a general OR allocated Goldome Warehouse Line Anyone who uses Flagstar, WLG, First Funding Any Broker who has a 50,000 net worth (can vary by state) and does a majority of Conventional and VA loans Has at least 1 loan officer

5. WHAT’S THE DIFFERENCE? Correspondent: A lender who underwrites, closes and funds loans in their own name via a warehouse line of credit, usually selling the loans to an investor and securing a commitment on the interest rate eliminating market risk. Mini-Correspondent: A lender, who performs all of the above, except the underwriting, eliminating the credit risk in addition to the market risk. Allocated Warehouse Line Correspondent: A lender, who closes and funds loans in their own name via a warehouse line, with the support of a larger lender who underwrites, closes and funds the loans in the originating lender’s name on the originator’s warehouse line allocated to the larger lender for the purpose of closing and funding the loans that will be sold to them.

6. WHAT ARE THE BENEFITS? • The Benefits of becoming a Select Correspondent with PRMG are… • A. All the benefits afforded a Lender vs. a broker • B. by PRMG: • 1. Priority service • 2. GUARANTEED PURCHASE by PRMG • 3. PRMGperforms the closing piece which is a cost savings to the broker w/o a Third party • closing vendor. • 4. PRMGguarantees the purchase of the loan in 15 days or less but goal is 72 hours • 5. PRMG UWs, funds, closes and purchases the loan completely so no additional staffing costs • 6. An .125 bonus monthly on total volume of $3 million/month and 90% pull through on locks

7. HOW DO I GET STARTED? • A. Profile your Brokers and your Pipeline • B. Identify Qualified Candidates • 1. Who is approved with a General Goldome Warehouse Line? • 2. Who has a Goldome allocated line with my competitor? • 3. Who currently has a warehouse line with Flagstar, WLG, First Funding? • 4. Who has at least a $50,000 net worth and does conventional and VA? • C. Present the benefits of being a PRMG SELECT CORRESPONDENT

8. BEFORE THE APPLICATION PROCESS STARTS… • BACKGROUND CHECK IS COMPLETED • BROKER CAN PROVIDE A CURRENT CREDIT REPORT WITH A CREDIT SCORE OF 620 OR GREATER • BROKER SUBMITS THE CREDIT REPORT WITH THE BACKGROUND AUTHORIZATION FORM THROUGH GOLDOME’S SECURE SITE JETDOCS AT: upload.jetdocs.com (*see handout*) • WHEN BACKGROUND/CREDIT CHECK PASSES, GOLDOME WILL AUTOMATICALLY NOTIFY THE BROKER AND ISSUE THE APPLICATION AND COPIES RACHELLE ROWAN

9. BACKGROUND CHECK

10. ALLOCATED LINE CHECKLIST FOR GOLDOME

11. CHECKLIST FOR PRMG SELECT CORRESPONDENT APPROVAL *See handout*

12. CORRESPONDENT AGREEMENT Ronald J. Gapp, Esq. of Counsel

13. DISASTER RECOVERY PLAN REQUIREMENT A Disaster Recovery Plan is required to be submitted with each application. This plan must be on your company letterhead and signed by a senior loan officer in the company. The Disaster Recovery Plan will be submitted and reviewed by the approving underwriter. The plan must state how each company will continue to be productive in the case of an emergency. Example: If your building burns down today, how are you to continue business tomorrow and continue to take applications and remain profitable? Clearly state who will work where in a Disaster Recovery, where supplies are accessed, access to system, communications, etc. It must state that all employees are clearly aware of the plan and you will perform an exercise periodically to confirm the plan works and is functional. Provide data backup and storage information. How often is it backed up? Where is it backed up? Who handles this piece? Sign and date the Disaster Recovery Plan on your company letterhead.

14. INTEREST RATE RISK POLICY The Interest Rate Risk Policy is required to be submitted with each application. This must be on your company letterhead and signed by a senior officer in the company. The Interest Rate Risk Policy will be submitted and reviewed by the approving underwriter. The Interest Rate Risk Policy must clearly explain how lock commitments and pricing are managed and handled. It must clearly state who locks the loans, how locks are managed and monitored. It must state who monitors the lock expiration dates, who relocks loans, who extends the locks. It must state the training and or experience of this person to handle this responsibility. In addition the policy must state how any losses are handled and how cost of extensions and re-locks are managed. Who absorbs the cost etc.? Sign and Date the Interest Rate and Risk Policy on your company letterhead.

15. GOLDOME 99% FUNDING Goldome will fund 100% of the Net Funding Amount up to 99% of the loan amount. There is a 1% haircut on each loan. If the loan is a purchase and the buyer and seller pay the applicable closing cost at close this typically brings the net funding amount below the 99%. In the situation of a refinance where closing cost are rolled into the loan there could be a 1% haircut that would need to be sent to the closing table from the lender. FIDELTY and E&O *See handout*

16. GENERAL LINE FEE SHEET

17. HOW DO I GET CERTIFIED? Complete The Select Broker Opportunity Report on all current brokers and prospects Send QUALIFIED Broker Opportunity Reports to dcheatham@prmg.net Plan to attend the Compliance Training to complete the Certification Process

18. PROFILE OPPORTUNITY REPORT

19. USE OUR PRMG RATE SHEETS & ENTER YOUR OWN LOGO!

20. NEW LOAN SET-UP

21. PROCESS OVERVIEW FOR GOLDOME ALLOCATED LINE FOR PRMG CORRESPONDENT SELECT CHANNEL • Correspondent will upload their file in their PRMG Select 700/Goldome pipeline. This ONLY applies to loans that will be disbursed from the Goldome Allocated Line. • Lock expiration date must be valid through the Purchase date of the loan off of the Correspondent’s Goldome warehouse line. • Correspondent will be responsible for every single set of disclosures (TIL, GFE, etc.) and must issue all re-disclosures in compliance. Provide all INITIAL DISCLOSURES AND re-disclosures to PRMG @initialdisclosures@prmg.net • Correspondent will submit their full file to PRMG as THEY would normally SUBMIT A BROKERED LOAN.

22. Closing Protections Letters to be addressed to the Correspondent “it’s successors and/or assigns” except for Texas properties. Texas properties will need 2 CPLs, one addressed to Goldome Financial LLC, 543 W. Main Street, Suite 202, Lewisville, TX 75057 • The correspondent will use their own mortgagee clause. A completed Request for Change to Insurance Policy is required. • Once the loan is final approved, (with no PTFs)(signed off by a Level 4 underwriter), the correspondent will work with their respective Branch fulfillment center by providing all items listed on the Doc Checklist. Once all items are submitted to PRMG Correspondent Select team, docs will be released within 24 hours (and upon receipt of approved hud1) • PRMG will prepare the closing instructions & a sample HUD-1. The closing instructions & sample HUD-1 will be emailed to title/escrow and the correspondent will be copied on that email. • Once title/escrow has provided a HUD-1 that is approved by PRMG , the docs will be emailed to title/escrow and the correspondent will be copied on that email.

23. DELIVERY INSTRUCTIONS • The following Special Delivery Instructions will be provided to title/escrow with the closing instructions: • **Collateral Package Delivery Instructions** • Forward the Original signed Note, completed unsigned Note Allonge & certified copy of signed HUD-1 to: • Goldome Financial LLC • 543 W. Main Street, Suite 202 • Lewisville, TX 75057 • **Signed Package Delivery Instructions** • 48 hours PRIOR to funding forward the remaining signed docs including any funding conditions to: • Paramount Residential Mortgage Group, Inc. • 1265 Corona Pointe Court, Third Floor • Corona, California 92879 • If you are unable to guarantee the package delivery 48 hours prior to funding, please scan and email the entire package to: _________________________________________

24. DELIVERY INSTRUCTIONS • Once the original package is received, PRMG will upload all the required documentation to Goldome and complete the necessary screens to order the funding wire. Goldome requires the wire to be ordered by 10:00 am 1 day prior to the actual funding date. • Once all funding conditions are met, PRMG will balance with title and issue authorization to record / disburse to Goldome. • PRMG in turn will set up the file for purchase from Goldome within 24 - 48 hours of receipt of the Original Note and Final HUD-1.

25. DOC CHECKLIST *See handout*

26. QC MINIMUM REQUIREMENTS • The minimum items required to send a loan to the Quality Control Department for a pre-closing QC audit are listed below: • The most recent DU findings • FHA Case # Assignment and FHA Case # Update. • PRMG 1003 • PRMG 1008 (CONV) • PRMG 92900-LT, 92900-A and 92800.5B (FHA) or PRMG 26-6393 and 1802-a (VA) • Credit report (must be the most recent and must be the one used to run DU) • Income/asset documentation (must include income calculation worksheets) • Purchase contract (if applicable) • Estimated HUD-1 • Prelims • Appraisal and if VA the NOV • Broker and PRMG initial disclosures • 203K Worksheet (203K)

27. QC MINIMUM REQUIREMENTS We do not require that all PTD conditions have been received before the loan can be submitted to QC for audit. We will check that the Underwriter has conditioned for any other items that are missing. If the auditor cannot find a condition for a missing item then it will be included in the Auditor’s findings/recommendations once the audit has been completed. IMAGING REQUEST: The people responsible for imaging the documents into FastTrac need to be more careful when they are scanning the documents. Many of the files have papers sideways and upside down, which makes it very time consuming for the auditors and investors to review the documents. Please pay special attention to ensure all documents are correctly imaged so they can be easily viewed without having to rotate the document. The more information that is imaged correctly in the file will lead to a quicker turnaround time from your Quality Control Auditor!

28. WHAT’S IN IT FOR ME? • 10 BPS ON TOTAL MONTHLY PRODUCTION • IMPROVED PULL THROUGH • DEEPER PENETRATION OF YOUR CUSTOMER’S PIPELINE • IMPROVED CUSTOMER BASE • OPERATIONAL EFFICIENCIES • INCREASED PRODUCTION • BECOME A TOP PRODUCER

29. HOW DO I? How do I get an existing customer with a Goldome allocated line with a competitor an allocated line with PRMG? Sign over the PRMG Broker package! How do I get an existing PRMG customer with a Goldome General line an allocated line with PRMG? There are 24 items required

30. To schedule a conference call for your broker with Rachelle Rowan Call (512) 657-6013 or email: Rrowan@BMandG.com