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PHH Home Loans

1. Application approval is subject to a complete underwriting review based on program guidelines. Not all applicants will qualify. Limitations may apply. This is not a commitment to lend.

2. Online pre-approval is subject to you providing accurate and complete approval information that meets applicable secondary market credit and property approval guidelines.

3. ExpressPass approval time is 25 days or less for some products/features, including, but not limited to, Jumbo, USDA and bond loans. 13 days is calculated using business days. Not all applicants may qualify.

4. Approved, conventional, conforming, purchase loans only. Excludes loans for REO, USDA and short sale properties. Void when delayed closing is required by law. Closing date to be mutually agreed upon between customer and us, and customer must provide all

required documentation. Void if delays are caused by 3rd party entities (Appraisal, Title, Verification of Employment...etc). Request for adjustment under guarantee must be made no later than 48 hours after the loan closing.