BB&T CORRESPONDENT LENDING PRICE ADJUSTMENTS & LTV CHARTS December 12, 2016 These charts contain the most current information available for products offered through BB&T Correspondent Lending. For assistance with pricing, please contact the Pricing Desk at 1-800-940-4032 or [email protected]. For assistance with LTV's & products, please contact (C.L.I.C.) Correspondent Lending Information Central at 1-877-700-5848 or [email protected].

TABLE OF CONTENTS The BB&T LTV Chart is divided into several categories in the following order: RISK BASED FEES Conforming Loans & Super Conforming Loans Super Conforming Loans (additional fees) Non-Conforming Loans Low to Moderate Income (LMI) HOME Now Mortgages and First Time Homebuyer (FTHB) Mortgages Fannie Mae DU Refi Plus Loans Freddie Mac Relief Refinance Loans Government Loans

1 2 3 4 5 11 12 13

LOAN TO VALUE CHARTS WITH MINIMUM CREDIT SCORE REQUIREMENTS CONFORMING AND SUPER CONFORMING Fixed Rate & ARMs

6

SUPER CONFORMING (Additional Fees) Fixed Rate & ARMs

7

CONDOMINIUMS

8

HOME NOW MORTGAGES AND FIRST TIME HOMEBUYER (FTHB) MORTGAGES

9

NON-CONFORMING Fixed Rate & ARMs

10

FANNIE MAE DU REFI PLUS

11

FREDDIE MAC RELIEF REFINANCE

12

GOVERNMENT PROGRAMS FHA, VA, & USDA

13

TEXAS EQUITY SECTION 50(a)(6) MORTGAGES

14

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CONFORMING & SUPER CONFORMING PRICE ADJUSTMENTS Refer to Product Description for complete details of eligible product features. The price adjustments are cumulative. Multiple adjustments may apply. Indicator Score/LTV Purchase & No Cash-Out Refinance (Does not apply to 15, 10 year Fixed Rate, HOME Now, First Time Homebuyer (FTHB), FHA/VA, & A-Minus) Credit Score >=740 720 - 739 700 - 719 680 - 699 660 - 679 640 - 659

60 - 70 - 75 - 80 - 85 - 90 - =740 720 - 739 700 - 719 680 - 699 660 - 679

(0.375) (0.375) (0.375) (0.375) (0.625)

(0.625) (1.000) (1.000) (1.125) (1.125)

(0.625) (1.000) (1.000) (1.125) (1.125)

(0.875) (1.125) (1.125) (1.750) (1.875)

A-Minus Conforming Price Adjustments Primary Residences & Second Homes Only Purchase & No Cash-Out Refinance- (Fixed and Eligible ARMs) Note: The pricing adjustments in the table below are cumulative to the pricing adjustment for the Conforming Price Adjustments. Multiple price adjustments apply.* Credit Score 60% - 65% - 70% - 75% - =740 720 - 739 700 - 719 680 - 699 660 - 679 640 - 659 620 - 639

HOME Now and First Time Homebuyer (FTHB) Price Adjustments

(1.000) (1.250) (1.250) (1.750) (2.125) (2.375) (2.750)

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CONFORMING LOAN-TO-VALUE Refer to Product Description for complete details of eligible product features. Price adjustments may apply. Refer to the Conforming price adjustment chart. CONFORMING FIXED RATE Conforming Loan Amounts Apply Purchase & No Cash-Out Refinances Minimum Credit Score is 640 Property Type Full Condo Review Eligible

1 Unit Primary Residence 2 Unit Primary Residence 3 - 4 Unit Primary Residence Second Home 1 Unit Investment Property - Purchase 1 Unit Investment Property - No Cash-Out Refi 2 - 4 Unit Investment Property - Purchase 2 - 4 Unit Investment Property - No Cash-Out Refi

Max LTV

Max TLTV/HTLTV

Required Reserves

95% 80% 75% 85% 80% 75% 75% 75%

95% 80% 75% 85% 85% 75% 75% 75%

Per LPA or DU 6 months PITI 6 months PITI 2 months PITI 6 months PITI 6 months PITI 6 months PITI 6 months PITI

Max LTV

Max TLTV/HTLTV

Required Reserves

80% 75% 75%

80% 75% 75%

Per LPA or DU 6 months PITI 2 months PITI

Max LTV

Max TLTV/HTLTV

Required Reserves

90% 75% 65% 80% 75% 65% 65% 65%

90% 75% 65% 80% 75% 65% 65% 65%

Per LPA or DU 6 months PITI 6 months PITI 2 months PITI 6 months PITI 6 months PITI 6 months PITI 6 months PITI

Max LTV

Max TLTV/HTLTV

Required Reserves

75% 65% 65%

75% 65% 65%

Per LPA or DU 6 months PITI 2 months PITI

Required Reserves For Each Additional Property Per LPA or DU

CONFORMING FIXED RATE Cash-Out Refinance Mortgages Minimum Credit Score is 660 Property Type Full Condo Review Eligible

1 Unit Primary Residence 2 - 4 Unit Primary Residence Second Home

Required Reserves For Each Additional Property Per LPA or DU

CONFORMING ARMs Conforming Loan Amounts Apply Purchase & No Cash-Out Refinances Minimum Credit Score is 640 Property Type Full Condo Review Eligible

1 Unit Primary Residence 2 Unit Primary Residence 3 - 4 Unit Primary Residence Second Home 1 Unit Investment Property - Purchase 1 Unit Investment Property - No Cash-Out Refi 2 - 4 Unit Investment Property - Purchase 2 - 4 Unit Investment Property - No Cash-Out Refi

Required Reserves For Each Additional Property Per LPA or DU

CONFORMING ARMs Cash-Out Refinance Mortgages Minimum Credit Score is 660 Property Type Full Condo Review Eligible

1 Unit Primary Residence 2 - 4 Unit Primary Residence Second Home

Conforming Loan-To-Value

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Required Reserves For Each Additional Property Per LPA or DU

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SUPER CONFORMING LOAN-TO-VALUE Super Conforming Loan Amounts Apply

Refer to Product Description for complete details of eligible product features. Price adjustments may apply. Refer to Conforming & Super Conforming price adjustment charts. Fixed Rate (Fully Amortizing) Purchase & No Cash-Out Refinances Property Type

Max LTV

Max TLTV/HTLTV

Minimum Credit Score (Regardless of AUS)

Required Reserves

1 Unit Primary Residence

95%

95%

Per LPA or DU

2 Unit Primary Residence 3 - 4 Unit Primary Residence Second Home 1 Unit Investment - Purchase 1 Unit Investment - No Cash-Out Refi 2 - 4 Unit Investment - Purchase 2 - 4 Unit Investment - No Cash-Out Refi

80% 75% 85% 80% 75% 75% 75%

80% 75% 85% 85% 75% 75% 75%

LTV/TLTV >75% - 700 75% - 700 80% = 620 LTV 80% = 620 LTV 80% = 620 LTV 80% = 620 LTV 80% = 620 LTV 75%= 41% 70% - 740 70% - 41% =740 >=720-739 >=700-719 >=680-699 >=660- 679 >=640-659 >=620-639 =740 >=720-739 >=700-719 >=680-699 >=660- 679 >=640-659 >=620-639 125% (1.500)

Secondary Financing Credit Score 95.00%

Fee (0.875) (0.875) (0.625) (1.875)

>=720

65.01% - 75.00% 75.01% - 95.00% 75.01% - 90.00% Any LTV

90.01% - 95.00% 90.01% - 95.00% 76.01% - 90.00% >95.00%

(0.625) (0.625) (0.375) (1.875)

Super Conforming Fee 80% originated under Products #951 & #952 are excluded from all Freddie Mac Relief Refinance (HARP) price adjustments except the "BB&T LTV >125%" of 1.50 and Super Conforming fee (if applicable)

Freddie Mac Relied Refinance Price Adjustments

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>125% (1.375)

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GOVERNMENT LOANS Refer to Product Description for complete details of eligible product features. Price adjustments are cumulative and may apply. FHA, VA, AND USDA/GUARANTEED RURAL HOUSING RISK BASED FEES & CREDIT SCORES. Price Adjustments Include FHA Streamline Refinances & VA IRRRL. See Product Descriptions for details.

FHA RISK BASED FEES & CREDIT SCORE REQUIREMENTS FHA Base Loan Amount > $424,100 FHA Credit Score >=720 Manual Underwrites for Erroneous Credit Loans with more than one borrower and only one of those borrowers has no credit score

(1.250) 0.125 (1.000) (1.000)

Loan Purpose

Loan Amount

Purchase, Rate & Term Refinances, Cash-Out Refinances, BB&T Serviced Owner-Occupied Streamline Refinances, HUD REPO Purchase, Rate & Term Refinances, Cash-Out Refinances, BB&T Serviced Owner-Occupied Streamline Refinances, HUD REPO Non-Owner Occupied Streamline Refinances, BB&T Serviced Loans Only

Minimum Credit Score

$424,100 to $424,100 to =720 VA Credit Score 660-719 and loan amount