Congratulations, you’ve discovered the best-kept secret in Orange County! South Cove is the only barefoot community in Dana Point that exudes laid-back luxury in a highly coveted coastal setting.

This quick guide will assist you in navigating the journey to homeownership at South Cove.

South Cove homes will be released in ten phases. To be eligible to select a home in a new release, buyers must be pre-approved by our preferred lender. Priority on selection of homes will be given to buyers who were pre-approved earliest.

Our team is here to assist you every step of the way. Please do not hesitate to reach out with any questions!

This is not an offer to sell, but it is intended for information only. The developer reserves the right to make modifications in materials, pricing, specifications, plans, designs, scheduling and delivery of the homes without prior notice. Please see a sales representative for details and visit www.livesouthcove.com for additional disclaimers. ©April 2017, Zephyr Partners, LLC. All rights reserved. BRE# 01983285

34202 Del Obispo Street | Dana Point, CA 92629 | 949.393.2239 | livesouthcove.com

Pre-Approval Process

SOUTH COVE SALES TEAMMarcie ColeBRE# 01983285 949.393.2239marcie@livesouthcove.com

JUSTIN M. A. POPEWells Fargo Home Mortgage Consultant NMLSR 484146 949.500.6974justin.m.pope@wellsfargo.com

1. If you are a cash buyer, please skip this step and move directly to Step 2. Submit a Pre-Approval application online with Wells Fargo Home Mortgage, Builder Division our lending partner at https://www.wfhm.com/loans/justin-pope. Click “Get Started” and proceed to answer and complete the entire application. When finished, click ‘submit’ upon reviewing and confirming your information to be accurate. You will receive immediate automated email confirmation. All potential buyers, even cash buyers or those who have been pre-approved with other lenders must complete this step to be considered for purchasing.

2. In order to complete your request for pre-approval, submit applicable, supporting documentation to Wells Fargo (Please see next page.) Alternatively, you may request a return FedEx label from the Justin Pope Team in order to safely send hard copies, or drop off your documents in person at the Wells Fargo Home Mortgage location shown on the next page.

3. Once your documentation is received, a Wells Fargo Team Member will reach out within 48 hours to review, request any additional items, or to confirm completion and pre-approval.

4. Our South Cove Sales team will also reach out to confirm receipt of your pre-approval. Those who are pre-approved will be contacted by the sales team to select your home and write your Purchase and Sales Agreement. Approved and cash verified Priority Registrants will have the first opportunity to purchase available residences based on the date of pre-approval.

This is not an offer to sell, but it is intended for information only. The developer reserves the right to make modifications in materials, pricing, specifications, plans, designs, scheduling and delivery of the homes without prior notice. Please see a sales representative for details and visit www.livesouthcove.com for additional disclaimers. ©April 2017, Zephyr Partners, LLC. All rights reserved. BRE# 01983285

34202 Del Obispo Street | Dana Point, CA 92629 | 949.393.2239 | livesouthcove.com

Pre-Approval Process

In order to complete your request for pre-approval, submit applicable, supporting documentation to Wells Fargo. Upon request, a secure email stream can be sent in order for you to return electronic documents safely. Alternatively, you can request a return FedEx label to safely send hard copies, or even drop off your documentation at the Wells Fargo Home Mortgage location shown below.

Homebuyers will be added to the Priority List in the order that their Pre-Approval is issued by Wells Fargo. Non-contingent buyers will supersede contingent buyers. Zephyr reserves the right to offer units to internally identified VIP’s at any time and in any order without notifying Priority List. Being added to the Priority List is not a promise or guarantee of a right to purchase. All information (including, but not limited to, prices, availability, floor plans, features and amenities) is not guaranteed and remains subject to change or delay without notice. Maps and plans are not to scale and all dimensions are approximate. Please see a Sales Associate for details and visit www.livesouthcove.com for additional disclaimers. Please contact sales team for more information. No guarantees including (but not limited to) any express or implied statements in this message are made by Zephyr Partners, LLC or South Cove. ©April 2017, Zephyr Partners, LLC. All rights reserved. BRE# 01983285

34202 Del Obispo Street | Dana Point, CA 92629 | 949.393.2239 | livesouthcove.com

Supporting Documentation

INCOME• Most recent 30-days of paycheck stubs• Most recent 2-years form W2• Most recent 2-years of 1040 Federal Tax

Returns form with all schedules, k-1’s (if applicable) and attachments

• Most recent Award Letter or 1099 form for Social Security and/or Pension Income (if applicable)

FOR INCOME SOURCES DERIVED FROM 25% OR GREATER OWNERSHIP IN A BUSINESS:• Most recent 2-years of 1065 Partnership

Returns form with all schedules, k-1’s and attachments

• Most recent 2-years of 1120 Federal Corporate Tax Returns form with all schedules and attachments

• Most recent 2-years of 1120S Federal Corporate Tax Returns form with all schedules, k-1’s and attachments

ASSETS• Most recent 1-month of banking, investment

and retirement account statements. Note: Assets should be enough to cover down payment, closing costs and post-closing reserves. If receiving gifted funds from a family member, please include a copy of donor’s account statement.

OTHER• Recent Mortgage Statement, Property Tax

Bill, Homeowners Insurance Bill, HOA Bill (if applicable) for all currently owned residential property

• Date of Birth & Permission to obtain a credit file for all applicants – simply email or call the Justin Pope Team with your response

CASH BUYERS• Submit current financial statements for the

account(s) that you will use to purchase unit. Cash assets must total purchase price plus closing costs.

JUSTIN M. A. POPEHome Mortgage Consultant / NMLSR 484146Builder Account Manager / Presidents ClubCell: 949.500.6974

4695 MacArthur Court #550,Newport Beach, CA 92660Email: justin.m.pope@wellsfargo.comE-Fax: 886.879.3795