One-For-The-Money & Borrower             Wholesale Lender

               1
 Qualification and
     Pre-Approval

    Loan is submitted for pre-approval:

   *1003 application and loan
     submission form
   *Tri-merged credit report
   *Purchase and sales contract
     if applicable.

     Issues to borrower Conditional
     Pre-Approval Letter within 48 hrs            
     of complete package submission           
     stipulating:

    *Loan amount
    *Rate
    *Documents required for Underwriting
    *Documents required for closing

               2
     Underwriting

   *Signs pre-approval  letter and
    appraisal processing fee and           
    returns to One-For-The-Money
   *Provides all additional information  
    and documentation

    *Orders appraisal
    *Orders title
    *Conducts fraud guard
    *Obtains environmental insurance
    *Conducts real estate and income
      analysis (when applicable).

               3
Closing & Funding

    *Coordinates w/ Title company &            
      attorney
    *Prepares all loan docs and sends to    
      closing  agents (same day funding        
      available for purchases).
    *Sends completed docs to custodian    
      for  review.
    *Issues funding next day.