CRT-Eligible Profile Summary

Payment Deferral: A Comparison of Key Terms Origination Time Requirement Time to Maturity Previous Modifications Old Payment Deferral The mortgage must have been originated at least 12 months prior to the evaluation date of the payment deferral. Does not apply. The number of prior modifications does not impact a homeowner's eligibility for the payment deferral. The mortgage must not have been modified with a non-disaster related modification within the previous 12 months of being evaluated for eligibility for a payment deferral. New Payment Deferral The mortgage loan must have been originated at least 12 months prior to the evaluation date for a payment deferral. The mortgage loan must not be within 36 months of its maturity or projected payoff date. The number of prior mortgage loan modifications does not impact a borrower's eligibility for the payment deferral. The mortgage must not have been modified with a non-disaster/non-COVID related modification within the previous 12 months of being evaluated for eligibility for a payment deferral. COVID Payment Deferral Does not apply. Does not apply. The number of prior modifications does not impact a homeowner's eligibility for a COVID- 19 payment deferral. Disaster Payment Deferral Does not apply. 36-month limitation will also apply to disaster payment deferral. The number of prior modifications does not impact a homeowner's eligibility for a disaster payment deferral; however, the mortgage loan must not have previously received a disaster payment deferral as a result of the same disaster event. Previous TPPS The homeowner must not have failed a non- disaster related Trial Period Plan within 12 months of being evaluated for eligibility for the payment deferral. Note: Converting from a Trial Period Plan to a forbearance plan is not considered to be a failed Trial Period Plan. The borrower must not have failed a non- disaster/non-COVID related mortgage loan modification Trial Period Plan within 12 months of being evaluated for eligibility for a payment deferral. Does not apply. Does not apply. Previous Payment Deferrals The mortgage must not have received a prior payment deferral. The mortgage loan may have previously received a payment deferral; however, the mortgage loan must not have received a prior payment deferral (non-COVID, non-disaster) with an effective date within 12 months of the evaluation date. The mortgage loan may receive more than one COVID-19 payment deferral, however, no more than 18 months of cumulative past-due P&I payments may be deferred. Note: This does not include past-due P&I payments deferred with a non-COVID-19 payment deferral. The mortgage loan must not have previously received a disaster payment deferral as a result of the same disaster event. Note: The mortgage loan may have previously received a non-disaster payment deferral. 61 © 2024 Fannie Mae

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