[Purchases]

Age 62 and Older

Non-Borrowing Spouse Under The Age Of 62 Is Allowed For Right Of Survivorship.

25% Minimum Down Payment.

75% Maximum Financing.

No Monthly Payments For The Life Of The Loan.

Maximum Financing Is Determined Based On Age and Proof Of Assets.

No Income Requirement.

[Refinance]

Age 62 and Older

Non-Borrowing Spouse Under The Age Of 62 Is Allowed For Right Of Survivorship.

75% Maximum Financing.

Cash-Out Refinance

OR

Rate and Term Refinance.

Maximum Financing Is Determined Based On Age and Proof Of Assets.

No Monthly Payments For The Life of The Loan.

OR

Borrower Has The Option To Initiate Monthly Payments At Anytime.