MORTGAGE NON-IMPLODE QUESTIONNAIRE

Name of Lender: Key Financial Corporation

Web Site Address Link: www.keybranch.com

City and State:  Clearwater, Florida

Contact Name:   Jim Curry

Contact Phone Number:   800.735.0945

Contact Email Address:  curry@keyrefi.com

Mortgage Implodes Independent Grades:

Disclaimer: Mortgage Implode in no ways endorses this lender or any other on the non-imploded list. All information gathered is through the interview process and strong due-diligence efforts (background and credit checks, audited financials...) are not conducted. Borrowers should not base borrowing decisions on this recommendation but are encouraged to talk to the lender themselves.

Overall Grade:  A

Management:  A

Technology:   B

Product Information:  B

Credit Risk:  B

Geography:  A

Innovation:   B

Services:  Branch Services include complete Affiliate Branch support in all facets of the mortgage lending business. We use correspondent channels for the majority of our business so we do a lot of training in respects of taking brokers and making them lenders. We specialize in FHA loans; we are a "Full Eagle Lender" that has originated billions of dollars in government loans. All of our branches are W2 employees with benefits and a 401K available to them. We also offer 24 to 48 hour turn time in underwriting with direct contact with your underwriter to help clear conditions. We handle all accounting for our branches as well as all federal, state and local compliance. We offer one simple flat fee per month as a maintenance fee, and all branch profits are credited to the branch. Key Financial Corporation is committed to growing our branch model to 100 to 150 select branches in which each branch is originating a minimum of 3MM per month to insure their profitability. Our business model will allow us to effectively manage our branches and maintain the level of customer service that Key Financial Corporation has become known for over the past two decades.

Management: Our Management trio has over 40 years of operating experience.

Technology Information. Calyx 6.0-Pro and web based systems to track and manage loan status and production.

Product Information:

% of conforming loans:                     25%

% of government loans:                    52%    (includes FHA & VA)                                   

% of alt a loans:                                 3%

% of sub-prime loans:                       8%

% of jumbo loans:                              10%

% of stated loans:                             2%

Investors:      Countrywide, Flagstar, Chase, plus about a dozen additional.

Geography.     All states except IL,NE,PA,NJ,NY & WI