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New Century Subprime Mortgage Matrix (Stated Doc / 80%, 550 FICO, 50% DTI) 7-10-2006

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Bitsytask

This document is a rate sheet from New Century Mortgage Corporation that provides mortgage rates for wholesale loans. It lists rates based on the borrower's credit score, loan-to-value ratio, occupancy type, income documentation, and other loan characteristics. Adjustments to the rates are shown for factors such as loan size, property type, prepayment penalties, and programs. Minimum rates are provided for different loan programs.

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:zzFileNamezz:Traditional_WHOLESALE_CA-SOUTH:zzFileNamezz: 
Traditional Rate Sheet 
Effective 07/10/2006 | 888-623-LOAN(5626) | www.newcentury.com 
Mortgage Lates 
(last 12 months) LTV LTV 
0x30 
BK None Last 24 
Months 
No NOD Last 36 
Months 
0x30 
BK Rules - see 
matrix 
No NOD Last 
24 months 
1x30 
BK Rules - see 
matrix 
No NOD Last 
24 months 
3x30 
BK Rules - see 
matrix 
No NOD Last 
24 months 
1x60 
BK Rules - see 
matrix 
No NOD Last 
18 months 
1x90 
BK Rules - see 
matrix 
No NOD Last 
12 months 
Max D/R 50% 
Mortgage Lates 
50% 50% 
85% 
55% 55% 
65% 
For wholesale use only. Not for distribution to the general public. New Century does not make "high cost home loans" as defined in HOEPA and Section 32 of Regulation Z. Terms, pricing and program availability 
subject to change without notice and state specific guidelines. For licensing information, visit www.newcentury.com/policies or fax a request to (949) 440-7033. ??New Century Mortgage, 18400 Von Karman, Suite 
1000, Irvine, CA 92612. 
50% 50% 
50% 
55% 55% 
To stop receiving faxes from New Century Mortgage Corporation, fax your request to (866) 
593-1017 stating: (i) the word "Remove"; (ii) your name and title; (iii) your company name; 
and (iv) the fax number(s) you want removed, and sign this document. Your opt-out request 
will be made effective within a reasonable time and our failure to comply is unlawful. With any 
questions regarding this process, please contact us at (866) 846-9100. 
070606 035650PM 
AAA 
Margin: 5.90 
AAA 
0x30 
BK None Last 24 
Months 
No NOD Last 36 
Months 
Margin: 6.15 
AA 
Margin: 6.05 
AA 
0x30 
BK Rules - see 
matrix 
No NOD Last 
24 months 
Margin: 6.30 
A+ 
Margin: 6.25 
A+ 
1x30 
BK Rules - see 
matrix 
No NOD Last 
24 months 
Margin: 6.55 
A-Margin: 
6.45 
A- 
3x30 
BK Rules - see 
matrix 
No NOD Last 
24 months 
Margin: 6.75 
B 
Margin: 6.70 
B 
1x60 
BK Rules - see 
matrix 
No NOD Last 
18 months 
Margin: 7.05 
C 
Margin: 7.35 
C 
1x90 
BK Rules - see 
matrix 
No NOD Last 
12 months 
Margin: 7.35 
50% 
90% 95% 
80% 85% 
75% 
Max D/R 55% 
Credit 
Score* 
65% 70% 
95% 
90% 
50% 
80% 
55% 
70% 75% 
Credit 
Score* 
(last 12 months) 
700 + 6.100 6.200 6.300 6.500 6.650 6.900 7.250 700 + 6.600 6.750 6.950 7.200 7.350 7.700 8.100 
680-699 6.400 6.500 6.600 6.750 6.900 7.150 7.500 680-699 6.900 7.050 7.250 7.450 7.600 7.950 8.350 
660-679 6.450 6.550 6.650 6.850 7.000 7.250 7.650 660-679 7.000 7.100 7.350 7.600 7.850 8.250 8.550 
640-659 6.500 6.600 6.700 6.900 7.100 7.350 7.750 640-659 7.100 7.200 7.400 7.700 7.900 8.350 8.650 
620-639 6.550 6.700 6.800 7.000 7.250 7.500 7.850 620-639 7.200 7.400 7.600 7.900 8.200 8.550 8.900 
660 + 6.800 6.900 7.000 7.150 7.300 7.550 7.950 660 + 7.350 7.450 7.700 7.900 8.150 8.550 8.850 
640-659 6.850 6.950 7.050 7.200 7.400 7.650 8.050 640-659 7.450 7.550 7.750 8.000 8.200 8.650 8.950 
620-639 6.900 7.050 7.150 7.300 7.550 7.800 8.150 620-639 7.550 7.750 7.950 8.200 8.500 8.850 9.200 
600-619 7.000 7.150 7.250 7.400 7.650 7.900 8.350 600-619 7.700 7.900 8.050 8.450 8.700 9.000 
580-599 7.150 7.250 7.350 7.500 7.800 8.400 9.100 580-599 8.000 8.050 8.250 8.550 8.900 9.350 
550-579 7.550 7.650 7.800 7.900 8.300 8.950 550-579 8.300 8.450 8.650 8.800 9.250 
525-549 7.950 8.050 8.150 8.250 8.650 525-549 8.700 8.850 9.000 9.300 9.700 
500-524 8.450 8.550 8.700 8.800 9.200 500-524 9.200 9.300 9.450 9.550 
660 + 6.950 7.000 7.150 7.250 7.500 7.700 8.300 660 + 7.550 7.600 7.850 8.150 8.200 8.750 
640-659 7.050 7.100 7.200 7.300 7.550 7.750 8.350 640-659 7.700 7.800 7.950 8.250 8.350 8.850 
620-639 7.150 7.200 7.300 7.400 7.650 7.850 8.400 620-639 7.900 8.000 8.150 8.350 8.600 9.000 
600-619 7.250 7.300 7.400 7.500 7.800 8.000 8.550 600-619 8.200 8.250 8.350 8.500 8.850 9.350 
580-599 7.400 7.450 7.700 8.000 8.200 8.650 580-599 8.300 8.400 8.650 9.050 9.200 
550-579 7.950 8.050 8.350 8.500 8.650 9.000 550-579 8.650 8.800 9.150 9.350 9.500 
525-549 8.100 8.200 8.550 8.700 8.900 525-549 8.950 9.050 9.400 9.750 
500-524 8.500 8.700 8.900 9.000 9.400 500-524 9.550 9.750 9.950 10.050 
660 + 7.000 7.100 7.200 7.300 7.550 7.800 8.350 660 + 7.650 7.700 7.950 8.250 8.500 
640-659 7.100 7.150 7.250 7.350 7.600 7.850 8.400 640-659 7.800 7.900 8.050 8.300 8.550 
620-639 7.200 7.250 7.350 7.450 7.700 8.000 8.550 620-639 7.950 8.050 8.300 8.450 8.800 
600-619 7.300 7.350 7.450 7.550 7.900 8.100 600-619 8.300 8.350 8.550 8.700 8.950 
580-599 7.550 7.600 7.850 8.100 8.250 8.800 580-599 8.350 8.450 8.750 9.150 9.400 
550-579 8.050 8.200 8.400 8.550 8.750 9.100 550-579 8.750 8.850 9.200 9.450 
525-549 8.400 8.550 8.700 8.900 9.200 525-549 9.250 9.400 9.550 10.050 
500-524 8.800 8.950 9.100 9.300 9.700 500-524 9.850 10.000 10.250 
660 + 7.150 7.250 7.350 7.500 8.050 8.600 660 + 7.800 7.950 8.050 8.350 
640-659 7.250 7.350 7.450 7.600 8.150 8.700 640-659 7.900 8.000 8.200 8.500 
620-639 7.350 7.450 7.550 7.700 8.250 8.800 620-639 8.200 8.350 8.500 8.800 
600-619 7.550 7.650 7.750 7.900 8.350 600-619 8.350 8.550 8.700 9.000 
580-599 7.950 8.050 8.150 8.300 8.550 580-599 8.750 9.000 9.050 9.350 
550-579 8.250 8.350 8.450 8.700 8.850 550-579 8.950 9.050 9.500 9.800 
525-549 8.500 8.600 8.700 8.950 9.650 525-549 9.500 9.700 9.800 
500-524 9.000 9.100 9.200 9.350 500-524 10.100 10.200 10.350 
660 + 7.550 7.650 7.750 8.050 660 + 7.900 8.200 8.700 
640-659 7.650 7.750 7.850 8.150 640-659 8.000 8.300 8.800 
620-639 7.800 7.900 7.950 8.300 620-639 8.300 8.450 8.950 
600-619 7.950 8.050 8.150 8.450 600-619 8.450 8.750 9.250 
580-599 8.200 8.250 8.350 9.400 580-599 8.850 9.100 9.600 
550-579 8.500 8.650 8.800 9.650 550-579 9.150 9.500 10.000 
525-549 8.900 9.000 9.150 525-549 10.050 10.300 
500-524 9.200 9.450 9.650 500-524 10.550 10.800 
Adjustments To Rate 
+/- 
Rate 
SPECIAL 
Purchase if LTV/CLTV <= 90% -0.125 
LTV/CLTV <= 60% -0.125 
LOAN SIZE 
> $1,000,000 +0.125 
$500,001 - $750,000 -0.375 
$350,001 - $500,000 -0.500 
$200,000 - $350,000 -0.250 
$50,000 - $75,000 +0.250 
INCOME TYPES 
Stated Wage Earner +0.300 
Limited Docs (6 mos Bank Statements) +0.375 
Full Doc (12 mos Bank Statements) +0.250 
Full Doc (24 mos Bank Statements) +0.000 
No Doc/NINA (AAA) above stated +0.500 
PROPERTY TYPES 
Rural +0.500 
3-4 Units (Full/Limited Doc) +0.500 
3-4 Units (Stated Doc) +1.000 
Condo LTV/CLTV > 80% +0.250 
OCCUPANCY 
N/O/O +0.750 
2nd Home LTV/CLTV > 80% +0.250 
YSP (1st mortgages only) 
0.50 point YSP +0.250 
1 point YSP +0.500 
1.50 point YSP +0.875 
2 point YSP +1.250 
1 point Buydown -0.500 
PREPAYMENT PENALTY** 
2-yr ppp term (products w/3 yrs Prepay) +0.500 
1-yr ppp term (all products) +0.750 
Waive Pre-pay Penalty +1.000 
PROGRAM 
3 Year ARM 0.000 
5 Year ARM +0.500 
40/30 Year ARM +0.100 
Fixed (30, 20, 15 YR terms) +0.650 
Fixed (40/30 term) +0.750 
Interest Only Full/Limited Doc +0.250 
Interest Only Stated/No Doc/NINA +0.300 
OTHER 
Bankruptcy discharged < 1 year +0.250 
Full Doc C- rates above C grade +2.250 
(C- grade Max 70% LTV - Full/Limited) 
MINIMUM PRODUCT RATES 
ARMs 5.625% 
Fixed 6.500% 
NOTE: Final calculated rate can't be 
lower than the minimum product rate. 
TERMS AND CONDITIONS 
Max YSP = 1 pt. If no pre-pay or Loan 
Amount > $500,000. 
**where allowed by law 
*Based on middle of 3 scores or 
lower of 2 
2 Year ARM @ PAR 
SO. CALIFORNIA 
FULL DOC STATED DOC

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New Century Subprime Mortgage Matrix (Stated Doc / 80%, 550 FICO, 50% DTI) 7-10-2006

  • 1. :zzFileNamezz:Traditional_WHOLESALE_CA-SOUTH:zzFileNamezz: Traditional Rate Sheet Effective 07/10/2006 | 888-623-LOAN(5626) | www.newcentury.com Mortgage Lates (last 12 months) LTV LTV 0x30 BK None Last 24 Months No NOD Last 36 Months 0x30 BK Rules - see matrix No NOD Last 24 months 1x30 BK Rules - see matrix No NOD Last 24 months 3x30 BK Rules - see matrix No NOD Last 24 months 1x60 BK Rules - see matrix No NOD Last 18 months 1x90 BK Rules - see matrix No NOD Last 12 months Max D/R 50% Mortgage Lates 50% 50% 85% 55% 55% 65% For wholesale use only. Not for distribution to the general public. New Century does not make "high cost home loans" as defined in HOEPA and Section 32 of Regulation Z. Terms, pricing and program availability subject to change without notice and state specific guidelines. For licensing information, visit www.newcentury.com/policies or fax a request to (949) 440-7033. ??New Century Mortgage, 18400 Von Karman, Suite 1000, Irvine, CA 92612. 50% 50% 50% 55% 55% To stop receiving faxes from New Century Mortgage Corporation, fax your request to (866) 593-1017 stating: (i) the word "Remove"; (ii) your name and title; (iii) your company name; and (iv) the fax number(s) you want removed, and sign this document. Your opt-out request will be made effective within a reasonable time and our failure to comply is unlawful. With any questions regarding this process, please contact us at (866) 846-9100. 070606 035650PM AAA Margin: 5.90 AAA 0x30 BK None Last 24 Months No NOD Last 36 Months Margin: 6.15 AA Margin: 6.05 AA 0x30 BK Rules - see matrix No NOD Last 24 months Margin: 6.30 A+ Margin: 6.25 A+ 1x30 BK Rules - see matrix No NOD Last 24 months Margin: 6.55 A-Margin: 6.45 A- 3x30 BK Rules - see matrix No NOD Last 24 months Margin: 6.75 B Margin: 6.70 B 1x60 BK Rules - see matrix No NOD Last 18 months Margin: 7.05 C Margin: 7.35 C 1x90 BK Rules - see matrix No NOD Last 12 months Margin: 7.35 50% 90% 95% 80% 85% 75% Max D/R 55% Credit Score* 65% 70% 95% 90% 50% 80% 55% 70% 75% Credit Score* (last 12 months) 700 + 6.100 6.200 6.300 6.500 6.650 6.900 7.250 700 + 6.600 6.750 6.950 7.200 7.350 7.700 8.100 680-699 6.400 6.500 6.600 6.750 6.900 7.150 7.500 680-699 6.900 7.050 7.250 7.450 7.600 7.950 8.350 660-679 6.450 6.550 6.650 6.850 7.000 7.250 7.650 660-679 7.000 7.100 7.350 7.600 7.850 8.250 8.550 640-659 6.500 6.600 6.700 6.900 7.100 7.350 7.750 640-659 7.100 7.200 7.400 7.700 7.900 8.350 8.650 620-639 6.550 6.700 6.800 7.000 7.250 7.500 7.850 620-639 7.200 7.400 7.600 7.900 8.200 8.550 8.900 660 + 6.800 6.900 7.000 7.150 7.300 7.550 7.950 660 + 7.350 7.450 7.700 7.900 8.150 8.550 8.850 640-659 6.850 6.950 7.050 7.200 7.400 7.650 8.050 640-659 7.450 7.550 7.750 8.000 8.200 8.650 8.950 620-639 6.900 7.050 7.150 7.300 7.550 7.800 8.150 620-639 7.550 7.750 7.950 8.200 8.500 8.850 9.200 600-619 7.000 7.150 7.250 7.400 7.650 7.900 8.350 600-619 7.700 7.900 8.050 8.450 8.700 9.000 580-599 7.150 7.250 7.350 7.500 7.800 8.400 9.100 580-599 8.000 8.050 8.250 8.550 8.900 9.350 550-579 7.550 7.650 7.800 7.900 8.300 8.950 550-579 8.300 8.450 8.650 8.800 9.250 525-549 7.950 8.050 8.150 8.250 8.650 525-549 8.700 8.850 9.000 9.300 9.700 500-524 8.450 8.550 8.700 8.800 9.200 500-524 9.200 9.300 9.450 9.550 660 + 6.950 7.000 7.150 7.250 7.500 7.700 8.300 660 + 7.550 7.600 7.850 8.150 8.200 8.750 640-659 7.050 7.100 7.200 7.300 7.550 7.750 8.350 640-659 7.700 7.800 7.950 8.250 8.350 8.850 620-639 7.150 7.200 7.300 7.400 7.650 7.850 8.400 620-639 7.900 8.000 8.150 8.350 8.600 9.000 600-619 7.250 7.300 7.400 7.500 7.800 8.000 8.550 600-619 8.200 8.250 8.350 8.500 8.850 9.350 580-599 7.400 7.450 7.700 8.000 8.200 8.650 580-599 8.300 8.400 8.650 9.050 9.200 550-579 7.950 8.050 8.350 8.500 8.650 9.000 550-579 8.650 8.800 9.150 9.350 9.500 525-549 8.100 8.200 8.550 8.700 8.900 525-549 8.950 9.050 9.400 9.750 500-524 8.500 8.700 8.900 9.000 9.400 500-524 9.550 9.750 9.950 10.050 660 + 7.000 7.100 7.200 7.300 7.550 7.800 8.350 660 + 7.650 7.700 7.950 8.250 8.500 640-659 7.100 7.150 7.250 7.350 7.600 7.850 8.400 640-659 7.800 7.900 8.050 8.300 8.550 620-639 7.200 7.250 7.350 7.450 7.700 8.000 8.550 620-639 7.950 8.050 8.300 8.450 8.800 600-619 7.300 7.350 7.450 7.550 7.900 8.100 600-619 8.300 8.350 8.550 8.700 8.950 580-599 7.550 7.600 7.850 8.100 8.250 8.800 580-599 8.350 8.450 8.750 9.150 9.400 550-579 8.050 8.200 8.400 8.550 8.750 9.100 550-579 8.750 8.850 9.200 9.450 525-549 8.400 8.550 8.700 8.900 9.200 525-549 9.250 9.400 9.550 10.050 500-524 8.800 8.950 9.100 9.300 9.700 500-524 9.850 10.000 10.250 660 + 7.150 7.250 7.350 7.500 8.050 8.600 660 + 7.800 7.950 8.050 8.350 640-659 7.250 7.350 7.450 7.600 8.150 8.700 640-659 7.900 8.000 8.200 8.500 620-639 7.350 7.450 7.550 7.700 8.250 8.800 620-639 8.200 8.350 8.500 8.800 600-619 7.550 7.650 7.750 7.900 8.350 600-619 8.350 8.550 8.700 9.000 580-599 7.950 8.050 8.150 8.300 8.550 580-599 8.750 9.000 9.050 9.350 550-579 8.250 8.350 8.450 8.700 8.850 550-579 8.950 9.050 9.500 9.800 525-549 8.500 8.600 8.700 8.950 9.650 525-549 9.500 9.700 9.800 500-524 9.000 9.100 9.200 9.350 500-524 10.100 10.200 10.350 660 + 7.550 7.650 7.750 8.050 660 + 7.900 8.200 8.700 640-659 7.650 7.750 7.850 8.150 640-659 8.000 8.300 8.800 620-639 7.800 7.900 7.950 8.300 620-639 8.300 8.450 8.950 600-619 7.950 8.050 8.150 8.450 600-619 8.450 8.750 9.250 580-599 8.200 8.250 8.350 9.400 580-599 8.850 9.100 9.600 550-579 8.500 8.650 8.800 9.650 550-579 9.150 9.500 10.000 525-549 8.900 9.000 9.150 525-549 10.050 10.300 500-524 9.200 9.450 9.650 500-524 10.550 10.800 Adjustments To Rate +/- Rate SPECIAL Purchase if LTV/CLTV <= 90% -0.125 LTV/CLTV <= 60% -0.125 LOAN SIZE > $1,000,000 +0.125 $500,001 - $750,000 -0.375 $350,001 - $500,000 -0.500 $200,000 - $350,000 -0.250 $50,000 - $75,000 +0.250 INCOME TYPES Stated Wage Earner +0.300 Limited Docs (6 mos Bank Statements) +0.375 Full Doc (12 mos Bank Statements) +0.250 Full Doc (24 mos Bank Statements) +0.000 No Doc/NINA (AAA) above stated +0.500 PROPERTY TYPES Rural +0.500 3-4 Units (Full/Limited Doc) +0.500 3-4 Units (Stated Doc) +1.000 Condo LTV/CLTV > 80% +0.250 OCCUPANCY N/O/O +0.750 2nd Home LTV/CLTV > 80% +0.250 YSP (1st mortgages only) 0.50 point YSP +0.250 1 point YSP +0.500 1.50 point YSP +0.875 2 point YSP +1.250 1 point Buydown -0.500 PREPAYMENT PENALTY** 2-yr ppp term (products w/3 yrs Prepay) +0.500 1-yr ppp term (all products) +0.750 Waive Pre-pay Penalty +1.000 PROGRAM 3 Year ARM 0.000 5 Year ARM +0.500 40/30 Year ARM +0.100 Fixed (30, 20, 15 YR terms) +0.650 Fixed (40/30 term) +0.750 Interest Only Full/Limited Doc +0.250 Interest Only Stated/No Doc/NINA +0.300 OTHER Bankruptcy discharged < 1 year +0.250 Full Doc C- rates above C grade +2.250 (C- grade Max 70% LTV - Full/Limited) MINIMUM PRODUCT RATES ARMs 5.625% Fixed 6.500% NOTE: Final calculated rate can't be lower than the minimum product rate. TERMS AND CONDITIONS Max YSP = 1 pt. If no pre-pay or Loan Amount > $500,000. **where allowed by law *Based on middle of 3 scores or lower of 2 2 Year ARM @ PAR SO. CALIFORNIA FULL DOC STATED DOC