A group formed 1st Portfolio Holding Corporation in 2009 with $4 million to build Washington D.C.'s first private community bank. They acquired a mortgage broker and wealth management company. The founders plan to grow these companies and purchase or form a community bank. The company provides mortgage lending, wealth management, and capital markets consulting services to help individuals and businesses in the D.C. area achieve financial independence.

1. “Come Share in Our Success”
Michael J. Rebibo -CEO

2. Confidential – do not copy or redistribute
Corporate Summary
In February 2009, a group of highly successful individuals
formed 1st Portfolio Holding Corporation with the goal of building
Washington, DC’s First Private Community Bank. The organization
was capitalized with approximately $4 million and soon after
acquired a small mortgage broker and a wealth management
company. The mortgage broker was quickly converted to a
mortgage lender.
The founder’s are committed to growing both organizations and
ultimately purchasing or forming a community bank to complete the
plan. Together, these companies will become the pillars of a
successful Financial Institution that will service the needs of small
businesses and individuals in the DC Metro area.
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3. Confidential – do not copy or redistribute
Our Mission & Values
Our Mission
We deliver innovative investment management, risk mitigation and banking
services designed to help individuals and institutions in our community
achieve and maintain financial independence and reduce exposure to financial
risks.
Core Values
Values are an integral part of the culture at 1st Portfolio. Our core values
include:
• Integrity and transparency in all aspects of our business.
• Create and deliver true financial value to our clients
• Strive for excellence in our products and services.
• Hire and maintain the best talent for all parts of our business
• Always strive for improvement.
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4. Confidential – do not copy or redistribute
Our Culture
It is essential that our Culture be designed to fit our core values and our corporate
goals. If we do not design our own, we will inherit one by default. What is a
Culture in the corporate world? We believe it is a set of common values; a clear set
of ethics, contextual goals and commitments that management and employees
adhere and aspire to. We commit to the following ideals:
1. Integrity: We have truthfulness in all our business dealings.
2. Communication: We actively listen to employees and clients.
3. Praise/Empowerment: Employees are always praised and encouraged to excel,
innovate, and feed their best ideas to management. Management is
committed to empowering its teams. When mistakes are made but
commitment is present, coaching is highly preferable to criticism.
4. Gossip: There is zero tolerance for gossip or demeaning of any team member,
client or anyone who is part of our network.
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5. Confidential – do not copy or redistribute
Our Culture
5. Discipline: The practice of doing what should and must be done to achieve the
desired results. Discipline is commitment to results that are greater than
reasons for failure.
6. Professionalism: The highest standard held in presentations, actions,
confidentiality, prudence and loyalty.
7. Value: We are dedicated to producing quality work that is valuable and
and rewarding to our clients.
8. Competence with Authenticity: We know what we know; we know
what we don’t‘ know We hold no pretense and are committed to
acquire the best skills in our field.
9. Team Spirit: Individual accomplishment is important but always in support
of all team members.
10. Service: We are dedicated to contributing to our employees, clients, investors
and our community.
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6. Confidential – do not copy or redistribute
Corporate Structure
1st Portfolio Holding Corporation
1st Portfolio Inc.
1st Portfolio Lending Capital Markets
Wealth
Corporation (Consulting &
Management
(Mortgage Company) Capital Markets)
(RIA)
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7. Confidential – do not copy or redistribute
Products and Pricing
• Correspondent Relationships/Licensing:
 Tier 1 Pricing and delegated underwriting with
Chase, BB&T, GMAC, US Bank, and Wells Fargo
 FHA Full Eagle, VA, USDA, & VHDA
 States: MD, DC, VA, DE, & FLA; PA pending
• Broker/Portfolio Relationships:
 Several Broker outlets for niche products and ARMs
 Common Sense Portfolio Outlets
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8. Confidential – do not copy or redistribute
Products and Pricing
• Out of the Box Portfolio Lending:
 Construction Perm
 Bridge Loans / Cross Collateralization Loans
 Asset Based Loan Approvals
 Investors with More than 10 Mortgages
 Foreign Nationals with Limited or No Credit
History
 Non-Warrantable Condo’s
 Second Trust Outlets to 90% CLTV
 No 1st Portfolio Company Overlays on investor
guidelines
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9. Confidential – do not copy or redistribute
Products and Pricing
 FHA - Credit Scores Below 640
 FHA 203k Streamline
 HARP and DU Refi Plus
 Interest Only and 40 Year Amortization
 Commercial Loans
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10. Confidential – do not copy or redistribute
Service
In-House Processing, Underwriting, and Closing:
Processing
 Committed processing staff geared and motivated to close loans
fast
 Very experienced A+ quality processing staff
 Efficient Paperless System
 Processing, underwriting, closing and origination software all
on one platform allowing sales staff to track loans in real time
from origination to close
 Processor Bonuses paid by 1st Portfolio management based on
performance and efficiency of each loan closed
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11. Confidential – do not copy or redistribute
Service
Underwriting:
 Extremely Knowledgeable Underwriting department with
over 28 years Experience in the Mortgage Industry
 One Underwriter is a Former Processor and Loan Officer. She
understands the importance of making deals happen.
 Underwriting Open Door Policy (you will have the
underwriters cell number)
 24-48 hr. Underwriting Turn Time
 Loans Underwritten First, then Processed to Close
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12. Confidential – do not copy or redistribute
Service
Closing:
 Very experienced, service oriented closing department
 Committed to getting loan packages out 48 hrs. prior to settlement
 Team players who understand the importance of servicing the
client(buyers and agents) to help LO build and maintain solid
relationships with their referral partners
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13. Confidential – do not copy or redistribute
Service
We use Local Appraisers:
 Our processors order appraisals based on a rotating carousel using
5 different appraisal companies
 All Appraisal Companies are hand picked by First Portfolio
Lending
 All Appraisers are very experienced in their market place
 We do not use an appraisal service company
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14. Confidential – do not copy or redistribute
Technology
1st Portfolio is committed to providing the best technology and
innovation to its sales and support staff.
•Encompass Bankers 360 Edition
•Web Based
•Paperless
•Seamless with processing , underwriting, secondary & closing
•Optimum Blue Pricing Engine
•Product Eligibility
•Best Execution Grid
•Automated underwriting includes Investor overlays
•All investor guidelines available online
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15. Confidential – do not copy or redistribute
Technology
•Customized Loan Officer Websites
•On-Line Applications
•Personalized bio and testimonials
•New Laptop or Desktop for all Originators
•Personalized Efax for each originator
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16. Confidential – do not copy or redistribute
Marketing Assistance
•Mortgage Market Guide
•Up to the minute updates on interest rate movement in the market
•Loan Tool Box Platinum Plus Membership
•Automated Marketing Drip Campaigns
•Personalized marketing templates
•Database Management
•Newsletters
•Lead Tracking
•White Picket Fence Newsletter
•1st Portfolio’s Referral Source Newsletter sent to your database on a
weekly basis
•Constant Contact lead tracking to see who’s reading your emails
and what content is generating the most interest
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17. Confidential – do not copy or redistribute
Marketing Support
Realtor Marketing Programs:
• Company Sponsored Happy Hours
• Appraisal and Credit Workshops for Realtor offices
• “State of the Real Estate Market” presentations at Realtor
sales meetings
Advertising and Branding Campaigns:
• Radio Advertising - WMAL
• Print Media Advertising – NVAR, GCAAR
• Sponsorships
Company Referrals:
• Committed to providing LO’s with new customers and
referral sources through other company relationships
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18. Confidential – do not copy or redistribute
Marketing Support
Events:
• The company currently sponsors 2 annual events to
honor our clients and referral partners. The events are a
great networking opportunity and a way to say thank
you for being a loyal business partner. The evenings
include great music, food and full service bar.
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19. Confidential – do not copy or redistribute
Compensation
Commission Schedule:
• Correspondent Channel 75 bps
• Broker Channel 60 bps
• “House” Referral 50 bps
Quarterly Bonus:
• Up to 5 bps
• Criteria subject to change on a quarterly basis
Annual Bonus:
• 5 bps
• Minimum Volume $15,000,000 (2012)
• Prorated based on start date
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20. Confidential – do not copy or redistribute
Additional Benefits
You will be provided the following:
• Private Office
• Paid assistant based on minimum production levels
• Signing bonus based on production level
• Upfront marketing cash based on production level to
introduce the company to your referral partners and
previous clients
• Approved marketing expenses: split 50/50
• Licensing expenses: split 50/50
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21. Confidential – do not copy or redistribute
Company Benefits
• 401K Plan
• Health Insurance with United Healthcare
• Dental and Vision Insurance Optional
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22. Confidential – do not copy or redistribute
Transition Plan
You will be assigned a “transition coordinator” who
will handle all issues related to your move including
the following:
• Licensing
• Mailer to previous clients and all referral partners
introducing new company and contact info.
• Business Card Design
• Planning and Coordinating an event for your
referral partners and/or previous clients
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23. Confidential – do not copy or redistribute
Transition Plan Con’t
• Origination and Pricing Engine Training
• You will be shadowed by a Senior Loan Officer
until you are up and running efficiently on your
own.
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24. Confidential – do not copy or redistribute
Executives and Directors
 Jacques Rebibo, Chairman, 1st Portfolio Holding Corp. - Chairman of
Access National Corporation, a NASDAQ-listed bank holding company,
from 2000 to 2009. CEO and Chairman of Selfware, Inc., a software
development firm. From 1985 until 1996, CEO of Mortgage Investment
Corporation. Director, Fairfax Bank and Trust Company, 1986 to 1995.
Past principal of four publicly-traded corporations. Memphis State
University, B.S., Mathematics. University of Maryland, M.A., C.F.P.
 Michael Rebibo, CEO, 1st Portfolio Holding Corp. - Previously
President of 1st Portfolio Inc., a Registered Investment Adviser. Co-
founder of Access National Corporation, a NASDAQ (ANCX)-listed bank
holding company. President and CEO of Access National Mortgage and
SVP Access National Bank. President and CEO of Financial Security
Corporation, a fee-only financial planning firm. Director Brain Injury
Services, Inc., Wolf Trap Center for the Performing Arts, Shenandoah
National Park Trust, and the Survivors Fund Distribution Committee.
CFP®. MBA in Finance, George Washington University. BA in Finance
from James Madison University.
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25. Confidential – do not copy or redistribute
Executives and Directors
 Jonathan Holtaway, Chief Investment Officer, 1st Portfolio Holding
Corp. - Currently President of Ategra Capital Management, LLC and
investment manager and advisor to community banks. Formerly,
Managing Director and Partner, Danielson Capital, LLC, an investment
banking company. Between 1992 and 2001, Mr. Holtaway was Associate,
Vice President and Partner of Danielson Associates Inc., the predecessor
company to Danielson Capital, LLC, where he provided strategic
planning, capital, merger and branching advice to firm clients. Member
of Rotary International and Viva Vienna, a community festival that raises
money annually for more than 30 local charities. Graduated University of
Pennsylvania and Wharton School of Business with a B.S. in Economics
and a B.A. in History.
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26. Confidential – do not copy or redistribute
Organizers and Directors
 Stephen M. Cumbie, Director - Chief Executive Officer of NVCommercial, NVRetail and
Metro Realty Group, which together perform commercial real estate investment,
development and services with $500 million of completed and in-process projects in
Washington, D.C. and Denver. Executive Director of the Center for Real Estate
Development at the University of North Carolina’s Kenan-Flagler Business School.
Formerly, President of Elm Street Development, a residential land development company,
and founder of all “NV” companies including NVR, a publicly traded home-builder
operating as Ryan Homes and NVHomes. Current Chair INOVA Health System and
currently serving on the boards of UNC College of Arts and Sciences Foundation,
SonoMedica Inc. and Washington Woodworking. Past director/member of Fairfax County
Chamber of Commerce, NVR Inc., Potomac Bank of Virginia, Virginia Public Buildings
Board and Virginia Port Authority Board. Phi Beta Kappa graduate of the University of
North Carolina and MBA from UNC in 1973.
 Nis Nissen, Director – Founder and President, Nissen Advertising 1971 to 2006, a top ten
advertising and public relations company in the Tampa-St. Petersburg market. Former
Chairman FloridaFirst Bank, a 19-branch, $830 million asset bank headquartered in
Lakeland, Florida sold to SouthTrust in 2004 for $154 million. Trustee of Florida Retail
Federation Self-Insurers Fund and Director of BusinessFirst, a private insurance
company. Former director of Metatec, a NASDAQ-listed technology company based in
Columbus, Ohio. Director or member of several charitable organizations including the
Polk Museum of Art, Rotary, Lighthouse Ministries, Goodwill Industries and Dixieland
Community Redevelopment Agency, among others. Former adjunct professor, Florida
Southern - Advertising and Public Relations.
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27. Confidential – do not copy or redistribute
Organizers and Directors
 Michael P. Kostoff, Director - Managing Partner of The Kostoff Group, an
advisory firm focusing on the wealth management, private banking,
investment management, insurance and retirement services businesses. Prior
to founding The Kostoff Group, Mr. Kostoff managed the Financial Services
Research Practice for the Corporate Executive Board, where he worked with
the senior-most executives from over 600 institutional relationships spanning
five continents. Mr. Kostoff speaks frequently to major industry groups around
the world—to include the ABA’s Trust and Private Banking Conference, the
Securities Industry and Financial Markets Association among others. Mr.
Kostoff is a graduate of West Point, holds an M.S. in Strategic Intelligence from
the Defense Intelligence College and a Masters in Public Administration from
the Kennedy School of Government at Harvard University.
 Richard Banziger, Director - President and CEO of PayBridge, a national
provider of payroll, human resource and retirement services. Mr. Banziger’s
unique approach to payroll and HR has put PayBridge on the fast track to be a
leader in the industry. Leveraging his 25 years of experience running a regional
retirement plan company, Retirement Planners and Administrators (RPA), he
has used his network to distribute PayBridge offerings nationally. Mr. Banziger
is an Accredited Pension Administrator (APA) and Accredited Pension
Representative (APR) certified by the National Institute of Pension
Administrators (NIPA). Mr. Banziger is an active advisor and consultant to
RPA’s extensive client list, representing some of America’s most accomplished
retirement plan programs.
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28. Confidential – do not copy or redistribute
Organizers and Directors
 John Oswald, Director - Mr. Oswald is the President and CEO of the
Capital Trust Group, an international merchant/investment bank with
offices in London, New York, and Washington, D.C. Mr. Oswald is
responsible for the U.S. operations of the Group and its worldwide
investment banking operations. His responsibilities have included
managing a number of private equity funds, both in the U.S. and
European markets which have focused on mezzanine and equity
investments ranging from approximately $10 million to $100 million in
middle market, private and public companies with revenues from $20–$1
billion. Mr. Oswald has also managed an extensive portfolio of real estate
comprised of office/retail space primarily in suburban areas in the U.S
and Europe. The investment banking/advisory function of Capital Trust
includes advising clients with respect to mergers and acquisitions,
financings and dispositions of holdings in the oil and gas, real estate,
entertainment, education, construction, media and communications
areas.
Prior to joining Capital Trust in 1993, Mr. Oswald was a partner in the
international law firm of Lord Day & Lord. He began his career as an
accountant at Arthur Andersen & Co. and he is a certified public
accountant.
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29. Confidential – do not copy or redistribute
Organizers and Directors
• Carl Biggs, Director - As President and General Manager of C & E Services Inc., Mr.
Biggs has the overall responsibility for managing sales of more than $15,000,000
annually for wastewater treatment and engineering services. Primarily, he provides
overall management strategies for wastewater treatment applications related to the
operation of steam generating and air conditioning systems, wastewater clarification,
and a variety of engineering services. Also, he manages water treatment programs
that enable power plant facilities to improve corrosion inhibition and clean
wastewater to reduce pollution from power plant operations. Carl is the current
chairman of the Board of Directors for Community Coalition for Haiti, which
provides clean water for the hospital in Pignon, Haiti and was Vice Chairman of
Crosslink International from 2004 – 2008.
He is a member of the following Inova Health Systems Boards or Committees: Inova
Health System Board of Trustees, Inova Health System Governance Committee,
Imanco Board, Inova Health System Finance and Audit Committee, Inova Health
System Pension/Investment Sub-Committee. Mr. Biggs frequently volunteers for
Habitat for Humanity projects.
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