Process

1) Choose Origination Channel, then 2) Choose Non-QM Product Type

(Coming Soon)

WHOLESALE TERM LOAN PROCESS

ONE - Get Price
- Register on pricing engine: Enter contact info (MLO NMLS # if MLO -or- Company NMLS # if not MLO)
- Get pricing and eligibility instantly
- Broker Approval not required until locking loan

TWO - Submit Loan
- Click “SUBMIT” at bottom of scenario pricing results
- I. Upload Conditions
- II. Complete Online Submission Sheet

THREE - Disclosures
- 1 to 2 business days for disclosures upon receipt - We use broker credit report (no lender credit report)

FOUR - Underwriting
- Make sense underwrite from ALTLOAN internal seasoned Non-QM Underwriter - Underwritten in 1 to 3 business days after complete submission received

FIVE - Loan Docs
- Broker approval required prior-to-locking - Docs drawn in 1-2 days after Clear-to-Close

SIX - Fund Loan
- Funded in 1-2 business days upon receipt of signed loan docs and funding conditions

WHOLESALE BRIDGE AND FIX & FLIP PROCESS

ONE - Get Price
- Broker Approval NOT Required
- Register: Enter Contact Info (MLO NMLS # if MLO -or- Company NMLS # if not MLO)
- Get Rate & Pricing in a Minute by Answering a Few Questions

TWO - Submit Loan
- Broker Approval NOT Required (Required Prior-to-Docs)
- Click “SUBMIT” at Bottom of Scenario Pricing Page
- I. Upload Conditions
- II. Complete Online Submission Sheet
- APPRAISAL ORDER REQUIRED AT TIME OF SUBMISSION FOR BRIDGE and FIX & FLIP

THREE - Disclosures
- Emailed to Borrower(s) within 1-2 Business Days Upon Receipt of Complete Submission

FOUR - Underwriting (APPRAISAL ORDER REQUIRED BRIDGE AND FIX & FLIP LOANS)
- Term Loans: 2-3 Business Days Upon Receipt of Complete Submission

FIVE - Loan Docs
- Docs Drawn in 1-2 Business Days after Clear-to-Close

SIX - Fund Loan
- Funded in 1-2 Business Day Upon Execution of Docs and Receipt of Funding Conditions

Wholesale 2

ONE - Get Price
- Register on pricing engine: Enter contact info (MLO NMLS # if MLO -or- Company NMLS # if not MLO)
- Get pricing and eligibility instantly
- Broker Approval not required until locking loan

TWO - Submit Loan
- Click “SUBMIT” at bottom of scenario pricing results
- I. Upload Conditions
- II. Complete Online Submission Sheet

THREE - Disclosures
- 1 to 2 business days for disclosures upon receipt - We use broker credit report (no lender credit report)

FOUR - Underwriting
- Make sense underwrite from ALTLOAN internal seasoned Non-QM Underwriter - Underwritten in 1 to 3 business days after complete submission received

Correspondent Non-Delegated 2





Correspondent Delegated 2

ONE - Get Price
- Broker Approval NOT Required
- Register: Enter Contact Info (MLO NMLS # if MLO -or- Company NMLS # if not MLO)
- Get Rate & Pricing in a Minute by Answering a Few Questions

TWO - Submit Loan
- Broker Approval NOT Required (Required Prior-to-Docs)
- Click “SUBMIT” at Bottom of Scenario Pricing Page
- I. Upload Conditions
- II. Complete Online Submission Sheet
- APPRAISAL ORDER REQUIRED AT TIME OF SUBMISSION FOR BRIDGE and FIX & FLIP

THREE - Disclosures
- Emailed to Borrower(s) within 1-2 Business Days Upon Receipt of Complete Submission