Loans From Us

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Founder & Ceo WelCome letter . . . . . . . . . . . . . . . . . . . . Page 02

neW Home FinanCing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 03

SeCond / inveStmentS HomeS . . . . . . . . . . . . . . . . . . . . . . . . Page 04

reFinanCing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 05

Streamline FHa reFinanCe . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 06

reverSe mortgage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 07

reHabilitation loanS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 09

va loanS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 10

rural loanS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 11

uS mortgage CorPoration Creed . . . . . . . . . . . . . . . . . . . Page 13

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TabLe oF ConTenTs

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a Warm WeLComei would like to personally welcome you to our company, uS mortgage Corporation, and i am delighted that you have chosen to learn more about us; it is certainly a privilege that we do not take lightly .as someone who has been in the mortgage industry for the last 30 years i can honestly say i have never been so excited about the opportunities that lie ahead . While the “sub-prime crisis housing bubble” had a profound impact on every american and decimated a large part of the mortgage industry, it created exciting opportunities for those of us who survived . Some might say it was a necessary cleansing of an industry that needed one; call it survival of the fittest if you will . Companies like ours, who were totally unscathed by the crisis, have been able to come out of it stronger, safer, larger and more secure than ever before . What has allowed us to service the american public for nearly two decades is adhering to the same basic philosophical principals that have guided our company from the start: such as “what goes around comes around”, “the needs of the many outweigh the needs of the few” and “if we don’t take care of our customers, someone else will” . like all of the employees here i truly take pride in “Helping You make it Home®”What this means for you is that you can feel assured you are dealing with a sound and stable company who wants to put you first . You can feel assured that you will always get an honest appraisal of your situation and receive the guidance that you need to walk you through every step of the home financing process . You can feel assured that we still believe in the “american dream” of home ownership and will do our best to get you there in the most cost effective manner possible .

most Sincerely Yours,

Steven a . milnerFounder & Ceo 1994

2014

if purchasing an investment property is part of your plan, you’ve come to the right place for financing with uS mortgage Corporation .

buying real estate is about more than just finding a place to call home . investing in real estate has become increasingly popular over the last fifty years and has become a common investment vehicle . However, buyers need to partner with an experienced lender to help them navigate through the investment property financing to avoid additional fees and delayed closings .

Your reasons for buying an investment property are varied but, ultimately, the goal is to make money . to

increase the chances for a successful start, you should gain control of your finances, know your buying power, have an overall investment strategy, and knowledge of the area where the property is located .

Create a financial plan to understand your credit needs and your borrowing ability . take the time to examine your credit report and make a plan to repair your credit and get it in shape if necessary . use our mortgage payment calculator to estimate what you can afford monthly .

uS mortgage Corporation is ready to help as you plan to buy, when you purchase, and even after you own your investment property .

Gain Control of Your finanCes and Know Your

BuYinG Power!

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seCond / InvesTmenT Homes

neW Home FInanCIngare you getting ready to buy your new home? before you start shopping, it’s a good idea to narrow down your price range and make sure you qualify for the loan you want . use our mortgage calculator located on our website at www .usmortgage .com to get a rough idea of what you can afford . Then, meet with one of our licensed mortgage specialists to review all of your loan options, choose the terms that fit your needs and to get pre-qualified .

uS mortgage prefers to educate homebuyers that finding the right new home financing is nearly as important as finding your dream home . The more you know about the many different financing options, the loan process and the available interest rates, the better . one of our licensed mortgage specialists will work with you 1-on-1 and walk you through the process from the start and to your day of closing .

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sTreamLIne FHa reFInanCeSince the financial crisis of 2008, more than 750,000 borrowers have refinanced their mortgages through FHa’s Streamline Program, according to data from the department of Housing and urban development .

in order to qualify for a Streamlined FHa refinance your original home loan must be an FHa loan in good standing and the refinance must lower your monthly interest payments . This type of refinancing option reduces your monthly expenses by lowering your payments . This works well for people who are in good financial standing with no significant debt because it saves you

extra money each month that can be put to good use elsewhere .

if you have a conventional loan you wish to refinance with an FHa refinance loan, you’ll need to apply with the usual employment verification, credit check, debt ratio requirements and other considerations . an FHa refinance loan can get you many of the same results, and you may get better rates and lower payments .

fHa ‘streamline refinanCe’ is a Breeze for Homeowners

wHo QualifY!

rates are at historically low levels that could add up to huge savings for many current homeowners paying off their mortgage . With all the news about interest rates you may be considering to refinance your mortgage .

Have interest rates fallen? do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of mortgage?

The answers to these questions will influence your decision to refinance your mortgage . but before deciding, you need to understand all that refinancing involves . Your home may be your most valuable financial asset and uS mortgage Corporation is prepared to evaluate your current

Historically Low Interest Rates!

mortgage and provide you with a no-hassle, no-obligation, itemized rate .When you refinance, you pay off your existing mortgage and create a new one . You may even decide to combine both a primary mortgage and a second mortgage into a new loan . refinancing may remind you of what you went through in obtaining your original mortgage .

Keep in mind that during a refinance, you may be required to get a new home appraisal, along with providing similar documentation that you presented when you initially bought your home . We will meet with you 1-on-1 and guide you through the process .

reFInanCIng

a reverse mortgage is a special loan designed for Seniors, aged 62 and older, that allows eligible homeowners to borrow money without having to make any payments until they sell or pass the home onto their estate . With a reverse mortgage, the bank pays you versus you paying the bank . it allows you to tap into the equity you’ve built up in your home over the years and receive cash to use as you choose .

How you choose to use your reverse mortgage proceeds is up to you . For many, it’s a source of income to cover monthly expenses . For others, it provides peace of mind for future

needs . generally, it is not advisable to use reverse mortgage proceeds to make a financial investment since the costs of the loan may exceed the investment return .

The primary prerequisite for obtaining this funding is you need to be at least 62 years of age . You also need to own the home . Therefore, if you have a lien or are still paying the mortgage, you cannot qualify for this program . if you have a home mortgage, the only qualifying factor would be the ability to pay the mortgage in full with the awarded reverse mortgage .

The benefit of this program is that you will start receiving additional income . You can receive this money monthly, draw money as needed utilizing a line of credit or opt to have a combination of both methods .if you take advantage of this funding opportunity you will not have monthly loan payments . This remains true as long as you reside

within the home . You or your estate will have to pay back the loan if you move or upon your passing . another benefit you or your estate will realize is that when the reverse mortgage becomes due and if your home value does not equal the amount of the money received, no other assets are needed to be liquidated to pay off the difference .

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reverse morTgage

re v e r s e mo rTg ag e

are you interested in buying a fixer-upper, but don’t have the cash to remodel it? or maybe you have saved money for remodeling and you’ve found a house you love, but your lender won’t allow you to buy it because the house isn’t considered habitable without running water .

There will always be residential homes on the market that weren’t maintained by their former owners, were neglected by renters or were intentionally trashed by former owners before they lost their property to foreclosure . Shouldn’t there be a specific loan for someone like you to purchase and fix up these neighborhood eyesores and bring them back to life?

Well now there is a government program to help these buyers . The Federal Housing administration’s rehab loan product, the FHa 203(k) loan, was designed for home buyers who want to rehabilitate or repair a damaged home so they can live in it as their primary residence . These loans are endorsed by the government to encourage lenders to offer what would otherwise be considered a risky loan product .

The FHa 203(k) loan lets you include the money needed for repairs and related expenses in the loan, such as materials and labor . if you wanted to buy a home in which the bathrooms had been ripped out, you could include in the loan the price of new cabinets, toilets, sinks, vanities, flooring, and the cost to design, permit and install it all . The loan can also include a 10-20% contingency reserve for expenses above and beyond your

repair estimates . You can also get up to six months’ worth of mortgage payments included to cover the mortgage while you’re renovating the home . According to the FHA, “All persons who can make the monthly mortgage payments are eligible to apply” for a 203(k) loan.

There are two types of FHa 203(k) mortgages: regular and streamlined (also called “modified”) . regular 203(k)s are for homes that need structural repairs while streamlined are for those that need only non-structural repairs . either can be used for purchase or refinance .

eLIgIbLe ProPerTIes FHa 203(k) loans are intended for owner-occupants, not investors . The following types of properties are eligible:

1 . Single-family to four-family dwellings

2 . existing construction that has been completed for at least one year

3 . tear downs, as long as part of the existing foundation will remain

4 . moving an existing house to a new foundation

5 . rehabbing the residential portion of a mixed-used (commercial/residential) property

uS mortgage Corporation would like to say “Thank you” to all the men and women that presently serve their country as well as those who have served . it is an honor to be a part of the va loan Program and help uS veterans with their mortgage needs .

a va loan is perhaps the most powerful and flexible lending option on the market today . rather than issue a loan, the va instead pledges to repay about a quarter of every loan it guarantees in the unlikely event the borrower defaults . That guarantee gives va-approved lenders greater protection when lending to military borrowers and often leads to highly competitive rates and terms for qualified veterans .

Far and away, the most significant benefit of a va loan is the borrower’s ability to purchase with no money down . if needed, a va loan provides

borrowers with 100 percent financing . These loans also come with no Private mortgage insurance (Pmi) fees .

KeY FeaTUres

1. Competitive interest rates that are routinely lower than conventional rates

2. No prepayment penalties 3. Sellers can pay up to 6

percent of closing costs and concessions

4. Higher allowable debt-to-income ratios than for many other loans

5. Streamlined refinancing loans that require no additional underwriting

us mortGaGe CorPoration would liKe to saY ‘tHanK You’ to all

tHose wHo serve our CountrY!109

reHabILITaTIon Loans

va Loans

r U r a L L o a n suSda rural housing loans are geared toward homebuyers who live in rural areas of the Country and who have little to no money to put down . uSda rural housing loan programs offer flexible, common sense underwriting guidelines, relaxed credit requirements, no Pmi (private mortgage insurance) options, the ability to finance closing costs into the loan amount, lenient seller concessions, and rates that are comparable to, if not better than, conventional fixed rate mortgage programs .

Usda rUraL HoUsIng Loan Program HIgHLIgHTs:

1. Loans may be for up to 102% of the appraised value or sales price (whichever is lower). A one-time 2% guarantee fee can be included in the loan which is how the loan can go up to 102%. This feature allows buyers to finance this expense into the loan amount versus paying it out of pocket.

2. No PMI (private mortgage insurance) 3. Secure, fixed-rate 30 year mortgages 4. Sellers can assist with paying the buyer’s

closing costs 5. Little cash reserves needed for qualified

borrowers

ParTIaL LIsT oF eLIgIbILITY gUIdeLInes For Usda rUraL HoUsIng morTgages

1. Homebuyers must be United States’ citizens, qualified aliens, or legally admitted to the U.S. for permanent residence.

2. Adjusted annual household income cannot exceed the moderate income limits for the area. A family’s size and child care considerations may increase chances for qualification if deductions are applicable.

3. Primary residences only 4. Home must be located in rural

areas.

ComParabLe raTes To, IF noT beTTer THan,

ConvenTIonaL FIxed raTe morTgage Programs!

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Us morTgage CorPoraTIon Creed

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We provide our customers with transparency and clarity to ensure they are receiving the best loan that fits their unique needs .

We take pride in knowing that we are helping customers achieve the american dream of homeownership .

We understand that we are accountable to not only our customers, but to our co-workers, and ourselves . We hold ourselves up to the highest standards in the industry .

We never lose focus of our singular goal of providing customers with their most suitable and cost effective home financing solutions .

teamwork is what makes us successful . We take special pride in being part of the uS mortgage team and working with you .

We take delight in caring for each of our customers and we never lose sight of our desire to become a ‘lender for life’ for all of our customers by providing them with the best care and most qualified people in the industry!

TransParenT

energIzed

aCCoUnTabLe

morTgages

Us

servICe

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noTes

19942014

Ramchandra J. MishraMortgage Loan OriginatornmlS #231417 110‐20 Jamaica avenue, Suite 2‐J richmond Hill, nY 11418Toll Free: (844) We Close office: (718) 679-9404 x122 Cell: (616) 780-5803ramchandra .mishra@usmortgage .comwww .usmortgage .com

US Mortgage Corporation (NMLS ID#3901). Corporate Office is located at 201 Old Country Road, Suite 140, Melville, NY 11747; (631) 580-2600 or (800) 562-6715 (LOANS15).

Branch Office: (NMLS ID#1042841) 110‐20 Jamaica Avenue, Suite 2‐J, Richmond Hill, NY 11418 . Licensed Mortgage Banker-NYS Department of Financial Services- FL, MA, NJ, SC State Banking Departments/Regulators. Authorized to originate in the state of Georgia. Rates, fees and program guidelines are subject to change without notice. Some loans arranged through third

parties. First mortgages only. Not all products and/or programs are available in all states. Certain restrictions may apply.