Single Family Serial Note

Project Loan; Multifamily

Full Scale Development

Construction Loan; Multifamily

Single

Multifamily Construction

Multifamily Project

Manufactured Housing

Single Family Level Payment Mortgage

Deployment

Graduated Payment Mortgage--Monthly Payments Increase Annually for no more than the first 10 years of the Mortgage

Adjustable Rate Mortgages

Straight Pass-Through

Growing Equity Mortgage--Monthly Payments Increase Annually at any Rate over the life of the Loan

Growing Equity Mortgage--Monthly Payments Increase 4% Annually Over the Life of the Loan

Project Loan with Non-Level Payments

Research, Development, Test & Evaluation (RDT&E)

Low Rate Initial Production

Other

Graduated Payment Mortgage--Monthly Payments Increase Annually for no more than the first 5 years of the Mortgage

Concept Exploration

Production

Serial Notes

Procurement

Engineering and Manufacturing Development (EMD)

Single Family

Construction Loan with Split Interest Rate

Adjustable Rate Mortgage with Off-Cycle Interest Charges

Custom Adjustable Rate Mortgage

Both RDT&E and Production

Demonstration Validation

Multiple

Advanced Design

Buydowns