Our Guarantee

Your final lender charges will not exceed the Good Faith Estimate 1.
Or we will credit the difference at closing

Appraisal and Loan Commitment deadlines per the original sales contract will be met 2.
Or we will credit you $250 at closing

Final loan figures will be available to the settlement company no less than 72 hours prior to closing 3.
Or we will credit you $100 at closing

Loan will close on the date specified 4.
Or we will credit you $250 at closing

GUARANTEE TERMS

(1) “Lender charges” are fees and/or costs listed on the HUD-1 Settlement statement to be collected by and paid to the lender and not passed through to third parties. Other fees and charges are not applicable to this offer. In cases where multiple Good Faith Estimates have been generated, the most recently dated and borrower signed version is applicable to this offer.

(2) Appraisal and loan commitment dates are based on the original sales contract. “Appraisal deadline” is the date of completion and availability of final appraisal documentation. Appraisal fee is collected up-front. Loan commitment date is subject to receipt of completed application and all required supporting documentation no less than 10 regular workdays prior to scheduled commitment date. Loan commitment is subject to underwriting approval. Appraisal date only valid when completed purchase contract and loan application are received by Sterling Mortgage no less than 10 regular business days prior to due date.

(3) Final loan figures guarantee is subject to receipt of completed application and all required supporting documentation no less than 10 regular business days prior to the scheduled closing date. Not responsible for sellers’ or third party delays beyond our control.

(4) Closing date guarantee is subject to receipt of completed application and all required supporting documentation no less than 10 regular business days prior to the scheduled closing date. If Borrower does not close on the date stated in the purchase contract (by the close of business day) due solely to Sterling Mortgage’s delay, Borrower will receive a $250 credit at closing.

Guarantees apply to purchase loans only. Credits will be applied at closing. If guarantee credits exceed total closing costs, remaining credits will be paid in cash equivalent via Cashier’s cheque at closing. The loan must fund with Sterling Mortgage in order to receive any of the guarantee credits. Certain government loan programs and other loan programs offered by Sterling are not available for the guarantee offers listed above. All guarantee offers apply to loans funded on or before 12/31/06.

For consumer use only, not for Real Estate or Mortgage Professional use. Offers subject to change without notice.

Equal Housing Lender. ©2006 Sterling Mortgage, 885 Island Drive, Suite 205, Alameda, CA 94502. For CA residents and properties only. This is not a commitment to lend. Restrictions apply. All rights reserved.