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Midwest Loan Services - Mortgage Maker ARM Pricing    
09/08/04
Mtg Mkr:  2/6 Mo. LIBOR ARM - 5.00% Margin Mtg Mkr:  3/6 Mo. LIBOR ARM - 5.00% Margin Price Adjustment Factors for Mortgage Maker First Liens   Mortgage Maker 1st Liens
(G26L) (G36L) (Add to base price)             LTV <= 60 60.01-65 65.01-70 70.01-75 75.01-80 80.01-85 85.01-90 90.01-95 95.01-97
Max Price 102 Max Price 102 Amt <$40k             -2.250 -2.250 -2.250 -2.250 -2.250 -2.250 -2.250 -2.250 -2.250
Rate Price Rate Price Amt => $40k to $50k           -1.125 -1.125 -1.125 -1.125 -1.125 -1.125 -1.125 -1.125 -1.125
7.625 103.6356 7.75 103.6356 Amt >$100k to $333,700           0.750 0.500 0.500 0.375 0.375 0.250 0.250 0.125 0.125
7.5 103.4794 7.625 103.4794 Amt >$333,700k to $400k               -0.250 -0.250 -0.250 -0.375 -0.500 -0.750 -0.875 -1.000 -1.250
7.375 103.3231 7.5 103.3231 Amt >$400k to $650k               -0.500 -0.500 -0.500 -0.750 -0.875 -1.125 -1.250 -1.500 -1.875
7.25 103.1669 7.375 103.1669 Amt >$650k to $1M               -0.750 -1.000 -1.125 -1.500 -1.625 -1.625 -1.625 -1.750 N/A
7.125 103.0106 7.25 103.0106 Amt >$1M to $1.5M               -1.250 -1.500 -1.750 -2.250 N/A N/A N/A N/A N/A
7 102.8544 7.125 102.8544 Amt >$1.5M to $2M               -1.500 -1.750 -2.250 -2.750 N/A N/A N/A N/A N/A
6.875 102.6981 7 102.6981 Amt >$2M and <=$4M               -2.250 -2.250 -2.750 N/A N/A N/A N/A N/A N/A
6.75 102.5419 6.875 102.5419 Cashout Refi               -0.250 -0.250 -0.375 -0.750 -0.875 -1.125 -1.500 -2.250 N/A
6.625 102.3856 6.75 102.3856 2nd Home               -0.500 -0.500 -0.500 -0.625 -0.750 -1.125 -1.375 -1.750 N/A
6.5 102.2294 6.625 102.2294 Non-Owner               -0.750 -0.750 -1.000 -1.375 -1.625 -1.875 -2.250 N/A N/A
6.375 102.0731 6.5 102.0731 3-4 Units               -0.375 -0.500 -0.500 -0.625 -0.750 -0.875 -1.000 -1.125 N/A
6.25 101.9169 6.375 101.9169 Low Rise Condo               -0.250 -0.250 -0.375 -0.500 -0.625 -0.625 -0.625 -0.750 -0.750
6.125 101.7606 6.25 101.7606 High Rise Condos               -0.750 -0.750 -0.750 -1.000 -1.125 -1.375 -1.375 -1.375 -1.375
6 101.6018 6.125 101.6018 FICO Score >=680               0.500 0.375 0.375 0.250 0.250 0.125 0.125 0.000 0.000
5.875 101.422 6 101.422 FICO Score 660 - 679               -0.125 -0.125 -0.125 -0.125 -0.125 -0.250 -0.375 -0.500 -0.500
5.75 101.2033 5.875 101.2033 FICO Score 620 - 659               -0.250 -0.250 -0.250 -0.250 -0.250 -0.375 -0.500 -0.625 -0.625
5.625 100.974 5.75 100.974 FICO Score 600 - 619               -0.500 -0.500 -0.500 -0.500 -0.625 N/A N/A N/A N/A
5.5 100.6928 5.625 100.6928 DTI > 45%               0.000 -0.125 -0.125 -0.250 -0.250 -0.375 -0.500 -0.625 -0.750
5.375 100.4115 5.5 100.4115 Limited Doc               -0.125 -0.250 -0.250 -0.375 -0.500 -0.750 -1.125 -1.625 N/A
5.25 100.0725 5.375 100.0725 Stated Income/Stated Assets               -0.500 -0.625 -0.875 -1.000 -1.125 -1.625 -1.875 -2.500 N/A
5.125 99.4265 5.25 99.4265 No Ratio             -0.250 -0.375 -0.500 -0.750 -0.875 -1.250 -1.625 -2.000 N/A
5 98.666 5.125 98.666 No Doc               -0.625 -0.750 -1.000 -1.250 -1.375 -1.875 -2.125 -2.750 N/A
4.875 97.843 5 97.843 Interest Only             -0.125 -0.125 -0.125 -0.250 -0.250 -0.250 -0.375 -0.375 -0.375
4.75 96.968 4.875 96.968 No MI               N/A N/A N/A N/A N/A -1.250 -2.000 -2.875 N/A
4.625 96.093 4.75 96.093 Escrow Waiver             -0.250 -0.250 -0.250 -0.250 -0.250 -0.250 -0.250 -0.250 -0.250
4.5 95.218 4.625 95.218
4.375 94.343 4.5 94.343
4.25 93.468 4.375 93.468
4.125 92.593 4.25 92.593
4 91.718 4.125 91.718
9.5 103.9375 9.5 103.9375
9.375 103.6875 9.375 103.6875