When an owner submits a Mortgage Financing application on IRESE, the owner will be asked to provide a current annual income for the purpose of calculating and displaying debt to income ratio. The debt to income ratio is displayed on an application only to investors, and helps investors gauge owner's ability to take on additional debt.

IRESE reserves the right to request documentation verifying owners income at any point in the process of Mortgage Financing application and origination.

Follow these guidelines when entering owner's current annual income on IRESE:

• Enter only income that you can verify using a recent pay stub (dated within the last 30 days) and Form W-2. If owner is retired, enter only income that you can verify with a Social Security benefits letter or Form SSA-1099.
• If you cannot provide proof of owner's stated income with a recent pay stub and a Form W-2, enter only the amount of your income which can be verified, or choose the option when reviewing owner application that reads "I cannot provide a pay stub and Form W-2...". Owner's stated income will be displayed with your application, but debt to income ratio (DTI) will not be calculated.

Failure to provide an accurate and verifiable income may result in a range of actions, including:

• Cancellation of owner's application
• Account suspension
• Account closure