Calculation of FNMA 5% Test

All Products**

Fannie Mae has a requirement that mortgages are not eligible for purchase if the

total points and fees charged to the borrower are greater than 5% of the mortgage

amount or $1,000.  This requirement applies to all GMG loan products** and includes

all transaction types, occupancy and lien positions.  Points and fees are included toward

the limit are indicated below with a 'Yes'.  The mortgage amount used in this calculation

is the loan amount from the note.

Fee Name

Include Towards Limit

ABSTRACT/TITLE SEARCH FEE

NO

ADMINISTRATION FEE

YES

APPLICATION FEE (Lender)

YES

APPRAISAL FEE

NO

APPRAISAL SERVICE FEE

YES

APPRAISAL/REVIEW (Second Appraisal or Appraiser Review Fee)

NO

ARCHITECTURAL FEE

YES

ARCHITECTURAL/ENGINEERING FEE

YES

ASSIGNMENT FEE

YES

ASSUMPTION FEE

YES

ATTORNEY FEE (Borrower)

NO

ATTORNEY FEE (Lender or Borrower)

YES

BACK END POINTS FEE

NO

BROKER APPLICATION FEE

YES

BROKER APPRAISAL FEE

NO

BROKER COURIER FEE

YES

BROKER CREDIT REPORT FEE

NO

BROKER DISCOUNT POINT FEE

YES

BROKER ORIGINATION FEE

YES

BROKER PROCESSING FEE

YES

CHECK/WIRE FEE

YES

CLOSING AGENT FEE

YES

CLOSING INDEMNIFICATION/PROTECTION LETTER FEE

YES

CLOSING REVIEW FEE

YES

COMMITMENT FEE

YES

CONDO EXCEPTION FEE

YES

CONSTRUCTION EXTENSION FEE

NO

CONSTRUCTION INTEREST FEE

YES

CONSTRUCTION LOAN FEE

YES

COPY FEE

YES

COURIER FEE

YES

CREDIT REPORT FEE

NO

CURBSIDE FUNDING FEE

YES

DELIVERY FEE

YES

DISCOUNT POINT (borrower/lender paid)

NO

DOCUMENT PREPARATION FEE

NO

DOCUMENT REVIEW FEE

YES

DOCUMENT SIGNING FEE

YES

EARLY WIRE FE

YES

E-MAIL FEE

YES

ENDORSEMENT FEE

NO

ESCROW AGENT FEE

YES

ESCROW WAIVER FEE

YES

EXPRESS MAIL FEE

YES

EXTENDED RATE CAP FEE

YES

FAX FEE

YES

FHA 302K CONSULTANT FEE

YES

FHA 203K DISCOUNT FEE

YES

FHA 203K SUPPLEMENTAL ORIGINATION FEE

YES

FHA UPFRONT MIP FEE

NO

FILE FEE

YES

FLOOD CERTIFICATION

NO

FLOOD CONVERSION FEE

YES

FLORIDA INTANGIBLE TAX

NO

FUNDING/LOAN DISBURSEMENT FEE

YES

INSPECTION (LENDER) FEE

NO

INSPECTION (THIRD PARTY) FEE

NO

INSURING PACKAGING FEE

N/A

INTEREST (PREPAID)

NO

INTEREST CREDIT

YES

INTEREST RATE CAP DEPOSIT FEE

YES

INTEREST RATE CAP FEE

YES

INTEREST RATE LOCK-IN DEPOSIT FEE

YES

INTEREST RATE LOCK-IN FEE

YES

INTERIM INTEREST ADJUSTMENT

YES

IRS FORM 4506-T FEE

YES

LENDER ADMINISTRATIVE FEE

YES

LENDER DOCUMENT PREPARATION FEE

NO

LENDER PROCESSING FEE

YES

LENDER REVIEW FEE

YES

LOAN MODIFICATION FEE

YES

LOAN TIE-IN FEE

YES

MAIL SERVICES FEE

YES

MERS FEE

YES

MESSENGER FEE

YES

MORTGAGE BROKER FEE

YES

MORTGAGE REGISTRATION FEE

NO

MORTGAGE TAX

NO

MUNICIPAL LIEN FILING FEE

NO

MUNICIPAL LIEN SEARCH

NO

NOTARY FEE

NO

ORIGINATION FEE

YES

OVERNIGHT DELIVERY FEE

YES

PERMIT FEE

NO

PEST INSPECTION FEE

NO

PMI INSURANCE PREMIUM

NO

PREPARATION OF DOCUMENTS (CEMA) FEE

NO

PREVIOUS DAY WIRE FEE

YES

PROCESSING FEE

YES

PROPERTY INSPECTION FEE

NO

PROPERTY WAIVER FEE

YES

RATE LOCK EXTENSION FEE

YES

RECERTIFICATION OF VALUE

NO

RECORDATION TAX FEE

NO

RECORDING FEE

NO

REDRAW FEE

YES

RUSH FEE

NO

SATISFACTION RECORDING FEE

NO

SELLER'S DISCOUNT POINT FEE

NO

SERVICE RELEASE FEE

NO

SETTLEMENT AGENT FEE

YES

SUB-ESCROW FEE

YES

SUBORDINATION FEE

YES

SUBORDINATION RECORDING FEE

NO

SURVEY ENDORSEMENT FEE

NO

SURVEY FEE

NO

TAX SERVICE (LENDER) FEE

NO

TAX SERVICE FEE

NO

TAX/INSURANCE (PAID-IN-ADVANCE) FEE

NO

TAX/STAMP FEE

NO

TITLE AGENT FEE

YES

TITLE EXAMINATION FEE

NO

TITLE INSURANCE BINDER FEE

NO

TITLE INSURANCE POLICY FEE

NO

TITLE INSURANCE UPDATE FEE

YES

TRUST DATE ENTRY FEE

YES

UNDERWRITING/RE-UNDERWRITING FEE

YES

VA FUNDING FEE

NO

VOE FEE

YES

WAREHOUSING FEE

YES

WARRANTY DEED FEE

NO

WIRE FEE

YES

YIELD SPREAD PREMIUM FEE

NO