Credit Score of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Mortgage Principal Principal Interest Term Original FICO Credit Score Loans Balance ($) Balance Rate (%) (months) LTV Score --------------------------------------------------------- -------- ----------- --------- -------- --------- -------- -------- 500 - 524 2 112,832 0.13 10.25 176 100 511 525 - 549 1 14,981 0.02 10.25 177 100 542 550 - 574 9 541,433 0.61 10.471 177 99.69 564 575 - 599 133 6,069,714 6.89 10.673 177 99.52 589 600 - 624 206 11,660,071 13.24 10.574 177 98.77 614 625 - 649 291 17,525,150 19.9 10.314 177 99.29 637 650 - 674 258 16,545,161 18.78 10.184 177 99.55 662 675 - 699 241 15,307,931 17.38 9.743 177 99.26 687 700 - 724 147 10,091,406 11.46 9.441 177 99.23 712 725 - 749 81 5,317,758 6.04 9.344 177 99.38 736 750 - 774 50 3,120,872 3.54 9.172 177 99.65 762 775 - 799 20 1,333,524 1.51 9.386 177 99.34 786 800 + 7 443,027 0.5 8.913 177 100 812 --------------------------------------------------------- -------- ----------- --------- -------- --------- -------- -------- Total: 1,446 88,083,860 100 10.03 177 99.3
Credit Score. If you have an active lending relationship with us, you can view your FICO®4 credit risk score (your “FICO Score”) via Online Services. The score is created by Fair Xxxxx Corporation (now legally known as “FICO”), one of the nation’s primary credit-scoring companies. Most lenders use FICO scores to make lending decisions. Information provided by FICO does not necessarily reflect the views of the Credit Union. We make your FICO Score available to you for your own non-commercial, personal review and benefit. Your FICO Score is not impacted at all by our making the score available to you. The Credit Union and FICO do not provide “credit repair services” and are not “credit repair organizations” as these terms are defined under federal or state law, including the Credit Repair Organizations Act. FICO does not provide advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. Changes in your FICO Score could indicate a problem with your credit report; thus, if you note significant changes in your FICO Score you may wish to obtain and review a copy of your credit report.
Credit Score of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Mortgage Principal Principal Interest Term Original FICO DTI Credit Score Loans Balance ($) Balance Rate(%) (months) LTV Score Ratio --------------------------------------------------------------------------------------------------------------------------------- NA 2 112,803 0.06 10.153 356 64.32 0 35.76 500 - 524 5 512,188 0.29 8.739 357 72.27 511 41.28 525 - 549 51 5,962,770 3.37 9.210 357 79.91 534 38.26 550 - 574 71 8,750,405 4.94 8.874 356 80.48 562 41.36 575 - 599 157 17,560,896 9.92 9.143 354 91.00 586 39.64 600 - 624 220 27,785,696 15.70 7.569 354 82.92 610 41.54 625 - 649 218 32,725,375 18.49 7.435 351 82.58 636 42.05 650 - 674 241 41,497,575 23.45 7.097 351 84.56 660 41.52 675 - 699 119 20,288,141 11.46 7.168 351 84.33 686 41.17 700 - 724 50 8,725,843 4.93 7.263 351 82.26 712 43.61 725 - 749 29 7,300,551 4.13 7.242 355 84.22 736 41.34 750 - 774 10 3,524,233 1.99 7.103 356 80.96 762 45.87 775 - 799 12 2,119,648 1.20 6.879 347 80.82 785 35.52 800 + 1 115,722 0.07 7.165 357 100.00 801 32.90 --------------------------------------------------------------------------------------------------------------------------------- Total: 1,186 176,981,845 100.00 7.622 352 83.91 643 41.38 --------------------------------------------------------------------------------------------------------------------------------- Non-Zero Minimum: 500 Maximum: 801 Non-Zero Weighted Average: 643
Credit Score. The weighted average of the Final Scores of each “Contract Group” is 665 or greater. A “Contract Group” is a group of Contracts related to a group of Loans that are Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunder.
Credit Score. Credit Score is a composite numerical score scaled from 0-100 as calculated by PJMSettlement that incorporates various predictors of creditworthiness.
Credit Score of Morgage Aggregate Pool by Avg Weighted Weighted Number Cut-off Aggregate Mortgage Average Average of Date Cut-off
Credit Score. Each Mortgage Loan has a valid and original credit score, with a minimum credit score as set forth in the related Mortgage Loan Schedule;
Credit Score. Factor Codes
Credit Score of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted Weighted of Date Date Gross Remaining Average Average Mortgage Principal Principal Interest Term Original FICO Credit Score Loans Balance ($) Balance Rate (%) (months) LTV Score ---------------------------------------------------------------------------------------------------------------------------- NA 7 654,597 0.07 10.433 356 71.67 0 ---------------------------------------------------------------------------------------------------------------------------- 500 - 524 420 56,741,684 6.24 8.695 353 74.34 514 ---------------------------------------------------------------------------------------------------------------------------- 525 - 549 665 92,358,566 10.15 8.445 348 75.63 537 ---------------------------------------------------------------------------------------------------------------------------- 550 - 574 804 116,633,896 12.82 8.478 345 79.69 562 ---------------------------------------------------------------------------------------------------------------------------- 575 - 599 754 113,444,836 12.47 8.056 344 79.83 587 ---------------------------------------------------------------------------------------------------------------------------- 600 - 624 921 140,941,194 15.49 7.772 343 81.4 613 ---------------------------------------------------------------------------------------------------------------------------- 625 - 649 938 153,008,850 16.81 7.606 344 82.28 637 ---------------------------------------------------------------------------------------------------------------------------- 650 - 674 692 107,559,326 11.82 7.416 342 80.79 661 ---------------------------------------------------------------------------------------------------------------------------- 675 - 699 362 57,693,875 6.34 7.333 343 81.49 685 ---------------------------------------------------------------------------------------------------------------------------- 700 - 724 204 32,642,020 3.59 7.28 339 79.84 711 ---------------------------------------------------------------------------------------------------------------------------- 725 - 749 126 21,118,112 2.32 7.172 345 80.18 736 ---------------------------------------------------------------------------------------------------------------------------- 750 - 774 72 12,313,862 1.35 7.073 345 77.36 761 -------------------------------------------------------------------------------------------------------------------------...
Credit Score. The eligible borrower’s FICO Score will determine the interest rate and fee charged on the loan as follows: Tier FICO Score Interest Rate Range Origination Fee* 1 790+ Prime +0.5% N/A 0 000-000 Prime +1.5% 2% 0 000-000 Prime +4.0% 3% 0 000-000 Prime +6.0% 5% 0 000-000 Prime +7.0% 7% 6 No credit score Prime +8.0% 8% 7 599 and below Prime +10.5% 10% * Origination fee calculated as a percent of loan amount Eligible borrowers with an Experian-Fair Xxxxx Score Code of 9002 or 9003 will be priced as if part of Tier 6 (“No Credit Score”). The origination fee will be credited in full to the borrower if an entire disbursement is refunded within 60 days of the disbursement date. Notwithstanding the rates and fees set forth in the table above, the annual percentage rate, including the capitalized origination fee, on any loan will not exceed eighteen percent (18%) over the term of the loan, or such other limit under applicable law that may be in effect from time to time.
