I. TYPE OF MORTGAGE AND TERMS OF LOAN
Mortgage Applied For: Conventional     Amortization Type: fixed
Loan Amount:  150        Interest Rate: 0.000   Number of Months: 360

II. PROPERTY INFORMATION AND PURPOSE OF LOAN
Subject Property Address
, Pine Mountain Lake, CA,
Purpose of Loan: purchase                Number of Units:    1 Year Built:
Property will be: Primary Residence
Legal Description of Subject Property:
Manufactured home on real foundation

Construction Loan Information
Year Lot Acquired:      Original Cost:  0          Amount Existing Liens: 0
Present Value Of Lot: 0
Cost Of Improvements: 0          Original Cost: 0          Total: 0

Refinance Loan Information
Year Acquired:      Original Cost: 0          Amount Existing Liens: 0
Purpose Of Refinance:
Improvements:            Cost Of Improvements: 0
Description of Improvements:

Title will be Held in:

Manner in which Title be held:

Source Of Down Payment

Estate will be held in:                     Lease Hold Expiration Date:
Borrower
Name: Sabrina M. Schulz                             SSN: 545838981   Home Phone: 650-712-8303
Age:  32     Years of School: 4        Maritial Status: unmarried
Number of Dependents: 1        Dependents Ages: 12

Present Address
Own/Rent: rent        Number Of Years: 5
Address: 350 St. Andrews Lane, Half Moon Bay, CA, 94019

Previous Address
Own/Rent:             Number Of Years:
Address:

Previous Address
Own/Rent:             Number Of Years:
Address:

IV. EMPLOYMENT INFORMATION

Borrower's Name: Sabrina M. Schulz
Borrower/Co-Borrower: Borrower                                 Self Employed:
Current Employment
Employer Name: San Mateo College District                      Years Employed: 2
Years in line of work: 12 Position: Payroll Supervisor         Business Phone: 650-358-6812
Address: 3401 CSM Drive, San Mateo, CA, 94402

Previous Employment
Employer Name:                                                 Self Employed:
From Date: 0000-00-00   To Date: 0000-00-00    Monthly Income:
Position:                                           Business Phone:
Address:

Previous Employment
Employer Name:                                                 Self Employed:
From Date: 0000-00-00   To Date: 0000-00-00    Monthly Income:
Position:                                           Business Phone:
Address:

V. MONTHLY INCOME AND EXPENSES

Borrower's Name: Sabrina M. Schulz
Borrower/Co-Borrower:            Borrower
MONTHLY INCOME
Base Employee Income:             70908
Overtime:                             0
Bonuses:                              0
Commisions:                           0
Dividends:                            0
Net Rental:                           0
Other Income:                         0
Gross Monthly Income:                 0
Other Income Details:
  Description                                                        Value
EXPENSES
Rent Present:                      500   Rent Proposed:                        0
First Mortgage Present:              0   First Mortgage Proposed:              0
Other Financing Present:             0   Other Financing Proposed:             0
Hazard Insurance Present:            0   Hazard Insurance Proposed:            0
Real Estate Taxes Present:           0   Real Estate Taxes Proposed:           0
Mortgage Insurance Present:          0   Mortgage Insurance Proposed:          0
Homeowner Dues Present:              0   Homeowner Dues Proposed:              0
Other Expense Present:               0   Other Expense Proposed:               0
Total Expenses Present:            500   Total Expenses Proposed:              0
VI. ASSETS AND LIABILITIES
Borrower Name: Sabrina M. Schulz
Borrower/Co-Borrower: Borrower
Application Completed:
Cash Deposit Held By:
Cash Deposit:                                  0

ASSETS
Checking and Savings:                       2000
Stocks and Bonds:                              0
Life Insurance Net Cash:                       0
Subtotal Liquid Assets:                     2000
Real Estate Owned:                             0
Automobiles:                               17000
Retirement Fund:                               0
Net Worth Business:                            0
Other Assets:                                  0
Total Assets:                              19000

LIABILITIES
Alimony Child Support Owed To:
Alimony Child Support Owed:                    0
Job Related Expenses:                          0
Total Monthly Payments:                      150
Total Liabilities:                          4500

Net Worth:                                 14500
Checking and Savings
Name: Bank of America
Address: MacArthur Blvd., Irvine, CA, 92715
Account Number: 2439633366                           Balance:        2000
Stocks and Bonds
Real Estate Owned
Automobiles
Make: Dodge Durango               Year: 1999    Value: 17000
Other Assets
Liabilities
Name: USAA
Address: unknown, unknown, CA, 94019
Account Number:             Unpaid Balance:           4500
Monthly Payment:        150 Months Left To Pay:          0
VII. DETAILS OF THE TRANSACTION

Purchase Price:                       175
Alterations:                            0
Land:                                   0
Refinance:                              0
Estimated Prepaid Items:                1
Estimated Closing Costs:             1653
Pmi Mip Funding Fee:                    0
Discount:                               0
Total Costs:                         1829
Subordinate Financing:                  0
Borrower Closing Cost:                  0
Other Credits Description:
Other Credits:                          0
Loan Amount Excluding:                  0
Pmi Mip Funding Fee Financed:           0
Loan Amount:                          150
Cash From To Borrower:               1679
VIII. DECLARATIONS

Borrower's Name: Sabrina M. Schulz
Borrower/Co-Borrower: Borrower
a. N
b. N
c. N
d. N
e. N
f. N
g. N
h. N
i. N
j. Y
k. N
l. Y
m. N
Type Of Property: -
How was Title held: -
Details:

IX. ACKNOWNLEDGEMENT AND AGREEMENT

Borrower's Name: Sabrina M. Schulz
Borrower/Co-Borrower: B
Date Agreed: 05/20/2003
X. INFORMATION FOR GOVERNMENT MONITORING PURPOSES

Borrower's Name: Sabrina M. Schulz
Furnish:
Race: White, not of Hispanic origin
Other:
Sex: Female