EquityBoost 2 (EB2)
Phase 1Phase 2
Phase 1 RateT10+250bps (6.78%)
Phase 2 RateT10+200bps (6.28%)
Monthly P1$2,109.88
Monthly P2$1,976.54
Phase 1 Kicker/yr$1,532 (5yr cap)
Phase 2 KickerNone
P1 IRR w/Kicker (5yr)6.00% ✓
P2 IRR (no kicker, 5yr)4.99%
ExitFirst 5 (EF5)
Phase 1Phase 2
Phase 1 RateT10+165.75bps (5.9375%)
Phase 2 RateT10+115.75bps (5.4375%)
Monthly IO P1$1,583.33
Monthly IO P2$1,450.00
No KickerIO balloon — kicker not applicable
IRR (5yr, no kicker)5.05% P2 / 5.58% P1
ExitFirst 7 (EF7)
Phase 1Phase 2
Phase 1 RateT10+184.50bps (6.1250%)
Phase 2 RateT10+134.50bps (5.6250%)
Monthly IO P1$1,633.33
Monthly IO P2$1,500.00
No KickerIO balloon — kicker not applicable
IRR (7yr, no kicker)5.25% P2 / 5.77% P1
All Products — Rate & Return Summary Live Rates
| Product | Phase | Rate | Monthly Pmt | Serv/mo | Investor/mo | Kicker/yr | Max Kicker | IRR No Kicker | IRR w/Kicker |
|---|---|---|---|---|---|---|---|---|---|
| EB2 | Phase 2 (owner-occ) | 6.280% (T10+200) | $1,976.54 | $133.33 | $1,221.98 | — | — | 4.99% | 4.99% (no kicker) |
| EB2 | Phase 1 (investment) | 6.780% (T10+250) | $2,109.88 | $133.33 | $1,355.31 | $1,532 | $7,660 | 5.54% | 6.00% ✓ |
| EF5 | Phase 2 (owner-occ) | 5.4375% (T10+115.75) | $1,450.00 | $133.33 | $1,316.67 | — | — | 5.05% | 5.05% (no kicker) |
| EF5 | Phase 1 (investment) | 5.9375% (T10+165.75) | $1,583.33 | $133.33 | $1,450.00 | — | — | 5.58% | 5.58% (no kicker) |
| EF7 | Phase 2 (owner-occ) | 5.6250% (T10+134.50) | $1,500.00 | $133.33 | $1,366.67 | — | — | 5.25% | 5.25% (no kicker) |
| EF7 | Phase 1 (investment) | 6.1250% (T10+184.50) | $1,633.33 | $133.33 | $1,500.00 | — | — | 5.77% | 5.77% (no kicker) |
Kicker applies to Phase 1 EB2 only. Accrues annually, capped at 5 years, paid ONLY at exit. Phase 2 EB2 has no kicker — owner-occupied borrowers are not subject to an equity participation charge. EF products (both phases) have no kicker — investor receives full IO income plus full $320K balloon at exit. Property value flat at $400,000 — no appreciation assumed. Conventional benchmark: $1,976.54/mo at T10+200bps (6.28%).
P1 Yrs 1–5: fee $1,355.31 + prin $621.23 = $1,976.54
P2 Yrs 6–10: fee $1,329.45 + prin $647.09 = $1,976.54
P3 Yrs 11–15: fee $1,298.67 + prin $677.87 = $1,976.54
P4 Yrs 16–30: fee $847.50 + prin $1,129.05 = $1,976.55
IRR ≥ 6.00%
IRR T10+125 to T10+175bps–5.99%
IRR < T10+125bps
EB2 Phase 2 — T10+200bps (6.28%) Owner-Occupied
No kicker on Phase 2. Owner-occupied product — straight investor yield, no equity participation charge.
EB2 Phase 1 — T10+250bps (6.78%) Investment Property
EF5: Interest-only balloon · 60 monthly payments · Full $320,000 balloon at Year 5 · No principal paid during IO term · EF equity = $80,000 throughout · No kicker — EF is a cash flow restructure product. Investor receives full IO income + full balloon at exit.
IRR ≥ 6.00%
IRR T10+125 to T10+175bps–5.99%
IRR < T10+125bps
EF5 Phase 2 — $1,450/mo (5.4375%) Owner-Occupied
EF5 Phase 1 — $1,583/mo (5.9375%) Investment Property
EF7: Interest-only balloon · 84 monthly payments · Full $320,000 balloon at Year 7 · No principal paid during IO term · EF equity = $80,000 throughout · No kicker — EF is a cash flow restructure product. Investor receives full IO income + full balloon at exit.
IRR ≥ 6.00%
IRR T10+125 to T10+175bps–5.99%
IRR < T10+125bps
EF7 Phase 2 — $1,500/mo (5.6250%) Owner-Occupied
EF7 Phase 1 — $1,633/mo (6.1250%) Investment Property