123 East King Street Lancaster, PA 17602 Phone: (717)-291-9945 Fax: (717)-291-9850 LHOP Home Buyer Loan Time Line Borrowers wishing to utilize LHOP funds must submit a completed application, all required documentation and must be structured to allow at least 60 days to close. Agreement of Sale—Realtor Realtor shall provide LHOP with a copy of the executed Agreement of Sale (AOS) with all executed Addenda, including the LHOP Addendum, and LHOP Seller Declaration within 5 days of the AOS execution date. Home Buyer Loan Application (HB Loan) —Borrower & Lender Borrower shall apply for LHOP’s HB Loan through an LHOP Partnership Lender within 10 days of the AOS execution date. Inspections—Realtor Buyer’s Agent shall submit a completed Whole House Inspection Report, Wood Destroying Insect Infestation Inspection Report, LHOP Deteriorated Paint Visual Assessment (if property was built prior to 1978), and LHOP Property Inspection/Borrower Declaration Form within 15 days of the AOS execution date. Completed HB Loan Application Package—Borrower & Lender Lender will submit a complete HB Loan Application along with supporting documentation to LHOP within 20 days of the AOS execution date (A complete HB Loan Application, including all required documentation related to Buyer’s income, household members, and funds available for closing, must be received by LHOP within this time frame to be considered for a loan. LHOP will not accept incomplete applications. Buyer shall cooperate in a timely manner with his or her Lender in providing the necessary documentation to complete the HB Loan Application) Settlement date must be structured to allow for at least 60 days to close from the date of the executed Agreement of Sale. I understand and am fully aware that deviating from the required LHOP deadlines will affect scheduled settlement dates. Borrower’s Signature (s) Date Loan Originator’s Name Date September 15, 2014 123 East King Street Lancaster, PA 17602 Phone: (717)-291-9945 Fax: (717)-291-9850 Buyer Agent’s Name Date September 15, 2014