Ark-La-Tex Financial Services LLC. ISAOA/ATIMA 5160 Tennyson Pkwy, Suite 1000 Plano, TX 75024

Ark-La-Tex Financial Services LLC. ISAOA/ATIMA 5160 Tennyson Pkwy, Suite 1000 Plano, TX 75024

EXTENSIONS – Excluding ARM’s, Jumbo non-conforming, and Non-QM All lock extensions must be requested prior to the lock expiration. Locks may be extended up to two times, at a cost. To be eligible for extension the loan must at least be in the underwriting approved status. Extension options are: • 5 days for .08 bps • 7 days for .125 bps • 10 days for .25 bps • 15 days for .375 bps • 30 days for .50 bps Loans are allowed up to 2 lock extensions (not to exceed 30 days combined) at the above cost. Third or more extensions are subject to worse case pricing and relock policy below

WORSE CASE PRICE POLICY & RELOCK Worst case pricing is calculated by comparing the original total price plus applicable extension fees, against current market total price. The lower price of these calculations will be applied. Please note at a minimum the cost for a worst-case lock extension is .50 for an additional 30-day, shorter-term worst case lock extensions are not available. In the event of a worst case relock, the pricing is reset to market for an additional 30-day lock period. If additional time is needed on the lock, the extension policy above will apply. The following are situations where worst case price may apply: • Loan is locked incorrectly based on 11 MORTGAGE program restrictions • Loan is locked with incorrect address • Lock is allowed to expire • Lock is cancelled due to loan being denied or withdrawn as described in this lock policy • Any other loan changes that result in loan changing security or coupon Certain programs like ARMs, etc. may be subject to additional investor restrictions and price adjustments.