1st 2nd Mortgage Co. of N.J., Inc. ("1st 2nd Mortgage Co.") is one of the oldest and most prestigious mortgage banking firms in the Tri-State area. 1st 2nd Mortgage Co. is a nationwide direct lender offering residential loan products and services. Founded in 1982, 1st 2nd Mortgage Co. is a FNMA/FHLMC Seller/Servicer with a multi-million dollar loan servicing portfolio. With almost 20 years and over 1 billion dollars of mortgage experience, 1st 2nd Mortgage Co. is the leader in wholesale mortgage lending.

1st 2nd Mortgage Co. was created to provide residential loan financing on a one-to-one basis. As the firm's reputation for excellent service at competitive pricing and unparalleled service resonated throughout, 1st 2nd Mortgage Co. grew by leaps and bounds. Despite such growth, the firm remains focused on its wholesale course of action. The wholesale mortgage menu is tailor made for producing the largest profit margin for our Partners, i.e., all our loan products contain a Service Release Premium (SRP). Additionally, as our wholesale relationship grows and develops so does the growth and development of your SRP.

As a 1st 2nd Mortgage Wholesale Partner, your greatest advantage has been, is, and will always be our investment in you. We have made every effort to making our wholesale relationships an easy and profitable partnership. Consequently, our Wholesale Partners will benefit in the latest e-mortgage technology and our team of mortgage professionals.

1st Advantage
1st 2nd Mortgage Co. understands your need for fast answers. As 1st 2nd Mortgage Wholesale Partner, you can participate in the automated underwriting revolution. We will provide you with point of sale advantages that will take your business to the next level. With the 1st Advantage you will have unprecedented speed, reduced costs, and expanded product eligibility all at your fingertips.

     Faxing the 1003
     1st Advantage gives you the ability to fax a loan application:

• Receive results within a 3-hour time period
• This feature is offered to those who do not meet the requirements for our in-house automated underwriting platforms or who simply prefer to fax the 1003
• 1st 2nd Mortgage Co. will perform the set-up functions for you, simply contact your Account Liaison

     Desktop Underwriter® and E-MITS®
     1st Advantage has partnered with FNMA and IndyMac to offer you in-house automated underwriting solutions:

• Fast, up-front recommendations and approvals
• Loan information is web based, no additional software required
• Submit files electronically to 1st 2nd Mortgage
• 1st 2nd Mortgage Co. will perform the set-up functions for you, simply contact your Account Liaison

2nd Advantage
1st 2nd Mortgage Co. is aware that fast answers are only one half of the equation; the other half is traditional, common sense, professional service. At 1st 2nd Mortgage Co. there is no substitute for a Partner's satisfaction. That is why all Wholesale Partners will experience the following:

• Your Account Liaison is an experienced Underwriter
• Your FHA Account Liaison is a Direct Endorsed Underwriter
• Your pricing concerns are handled directly by our Secondary Market
• Your closing/title problems are resolved by Real Estate/Mortgage Attorneys

1st 2nd Mortgage Co.'s proud corporate history, professional reputation, talented staff, and rapidly expanding market share has made the future a road of bright opportunities. We look forward to being your Wholesale Lender during this new millennium.