Charter Financial Management Company, Inc. as a mortgage banking and brokerage correspondent originates, underwrites and closes residential and investment mortgages with its Direct 89 correspondent Community Banks and Capital Mortgage Companies, which are located in 17 states.

Charter Financial and its Financial Alliance Partners originate a wide array of first and second mortgages for the purchase, refinance or sale of residential, commercial and industrial real properties; bridge and gap financing; construction and development financing; land development; mezzanine financing; equity and warrant financing; and shared equity/ownership programs.

Headquartered in Texas, with offices in Arizona, Nevada and California, Charter Financial is a privately held firm, owned by its management and affiliated partnerships. Founded in 1984 by 6 Partners, Charter Financial is an established financial organization with over 30 years of experience in arranging and funding mortgage loans throughout California, Nevada, Arizona and Texas. This privacy ownership provides maximum business flexibility to structure investment decisions and alternative financing programs for our domestic and foreign clients.

With an alliance of 101 investment firms and financial partnerships, and Capital Market Credit Investment Bankers, we have a disciplined approach to underwriting and securing real estate loans, private investments and creating mortgage or subordinated equity investment portfolios which finances real properties.

For each borrower, we provide tailor-made loan solutions which are “pooled” in mortgage portfolios funded by financial institutions or private investment mortgage pools. We provide the highest level of investor confidence and mortgage integrity with positive portfolio performance. Charter Financial has earned a coveted reputation for integrity, honesty and service.

Real Properties which we have financed during the past 30 years include:

Our Mortgage Portfolio Loan Types consists of the following Financing Programs. Interest Rates and Loan Terms change without notice and are dependent upon borrower’s FICO credit scores; perceived financial risk of assets; quality of loan security;

• Loans from $250,000 to $20 million
• Interest Rates include Interest Only, Adjustable Rate Mortgages, Fixed Rate Mortgages, LIBOR Indexes, CMT Indexes, COFI, 12th District, 5 and 10 year Treasury Bills, Federal Prime Rate; Interest Rate Swap 10 years; and Initial Teaser Rates during Earn Out Periods
• Loan-to-Values up to 90% financing with SBA Guarantees or 80% financing with 10% Seller Carry Back financing Programs
• Debt Coverage Ratio Financing Programs to 1::1
• Financing for Properties which do NOT Cash Flow. Properties qualify with secondary sources of income
• Quick Turn-around financial analysis and underwriting, generally within 3 business days
• Local Loan Underwriters, Loan Committees and Escrow Closers
• Multiple Appraiser Expertise in all types of real properties
• Multiple Environmental Engineering Expertise in all types of real properties
• In-House legal documentation production and escrow funding

Our Mortgage Terms and Conditions include:

• Fixed Terms of 1, 3, 5, 7, 10, 15, 30 and 40 year amortizations
• Adjustable Rate Mortgages with initial Rates starting at 1.25%
• Converts to an adjustable or another fixed rate for the remaining term
• The 15-year term is a 15/15 fully amortizing program
• Capped closing costs; Capped Life-time Interest Rates
• Recourse and non-recourse guaranteed loans
• Life Companies Conduit loan programs

Our Mezzanine or Hard Money Loan Programs include debt programs which are best suited for qualified middle market, income producing properties that exceed the traditional 70% LTV loan limits or for properties whose Debt Service Coverage Ratios are less than 1.25::1. Typical Mezzanine Loan Programs consist of the following Terms and Conditions:

• Interest Rates: 3% to 6% Margins above Indexes
• Loan Fees: 3% to 5% to Lender
• Loan Terms: 3 to 5 years
• Prepayments: None to 3%; 2%; 1%
• Exit Fees: 1% to 3% to Lender
• Rate of Return: 11% to 18% accumulated over 3 year period
• Loan-to-Value: 90% to 100%