Deal Name : Impac Secured Assets Corp. 2006-3  
Name Total/Aggregate
Pool Name Aggregate
Mortgage Rates/Interest Rates  
Weighted Average Mortgage Rates (Interest Rates) 7.456%
Weighted Average Mortgage Rates Range (Low) 4.625%
Weighted Average Mortgage Rates Range (High) 16.000%
Weighted Average Next Adjustment Date 57 Months
% of Loans with Prepayment Charges 58.690%
Margin  
Weighted Average Margin (applies to ARM loans only) 3.110%
Principal Balances (at Cut-off Date)  
Number of Loans 7179
Aggregate Mortgage Principal Balance 1,993,954,670.00
Average Mortgage Loan Principal Balance 277,748.00
Lowest Mortgage Loan Principal Balance 19,987.00
Highest Mortgage Loan Principal Balance 1,980,000.00
Original Principal Balances (at Origination Date)  
Average Original Principal Balance 278,104.00
Property Type  
Single Family Residence  
Principal Balance 1,156,183,092.00
Percent 57.980%
Condo  
Principal Balance 195,968,018.00
Percent 9.830%
2-4 Family  
Principal Balance 10,470,045.00
Percent 0.530%
PUD (Planned Unit Development  
Principal Balance 194,644,766.00
Percent 9.760%
Diminimus Planned Unit Development  
Principal Balance 173,668,470.00
Percent 8.710%
2- Family  
Principal Balance 103,300,842.00
Percent 5.180%
3- Family  
Principal Balance 56,368,765.00
Percent 2.830%
Hi-Rise  
Principal Balance 44,868,097.00
Percent 2.250%
4 - Family  
Principal Balance 42,268,570.00
Percent 2.120%
Townhouse  
Principal Balance 14,185,600.00
Percent 0.710%
Condotel  
Principal Balance 2,028,407.00
Percent 0.100%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Loan Purpose  
Purchase  
Principal Balance 1,224,046,654.00
Percent 61.390%
RCO  
Principal Balance 568,760,925.00
Percent 28.520%
RNC  
Principal Balance 201,147,091.00
Percent 10.090%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Occupancy Status  
Primary  
Principal Balance 1,526,656,319.00
Percent 76.560%
Secondary  
Principal Balance 87,583,166.00
Percent 4.390%
Investor  
Principal Balance 379,715,815.00
Percent 19.040%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Loan-To-Value  
Weighted Average Loan-to-Value 75.900%
Loan-to-Value Range (Low) 11.250%
Loan-to-Value Range (High) 100.000%
FICO  
Weighted Average FICO (credit score) 698
Debt-To-Income  
Weighted Average Debt-to-Income 38.84%
WARM  
Weighted Average Remaining Term to Maturity (months) 351.00
Geographic Distribution  
Alabama (AL)  
Principal Balance 5,534,039.00
Percent 0.280%
Alaska (AK)  
Principal Balance 276,000.00
Percent 0.100%
Arizona (AZ)  
Principal Balance 68,723,690.00
Percent 3.450%
Arkansas (AR)  
Principal Balance 862,810.00
Percent 0.040%
California (CA)  
Principal Balance 987,315,243.00
Percent 49.520%
Colorado (CO)  
Principal Balance 23,080,611.00
Percent 1.160%
Connecticut (CT)  
Principal Balance 18,535,586.00
Percent 0.930%
Delaware (DE)  
Principal Balance 673,210.00
Percent 0.030%
District of Columbia (DC)  
Principal Balance 6,735,069.00
Percent 0.340%
Florida (FL)  
Principal Balance 274,865,100.00
Percent 13.780%
Georgia (GA)  
Principal Balance 21,717,407.00
Percent 1.090%
Hawaii (HI)  
Principal Balance 15,224,127.00
Percent 0.760%
Idaho (ID)  
Principal Balance 3,524,155.00
Percent 0.180%
Illinois (IL)  
Principal Balance 47,413,346.00
Percent 2.380%
Indiana (IN)  
Principal Balance 3,545,190.00
Percent 0.180%
Kansas (KS)  
Principal Balance 209,763.00
Percent 0.010%
Kentucky (KY)  
Principal Balance 1,014,162.00
Percent 0.050%
Louisiana (LA)  
Principal Balance 588,633.00
Percent 0.030%
Maine (ME)  
Principal Balance 1,477,680.00
Percent 0.070%
Maryland (MD)  
Principal Balance 68,386,667.00
Percent 3.430%
Massachusetts (MA)  
Principal Balance 20,155,325.00
Percent 1.010%
Michigan (MI)  
Principal Balance 5,489,627.00
Percent 0.280%
Minnesota (MN)  
Principal Balance 12,240,694.00
Percent 0.610%
Mississippi (MS)  
Principal Balance 945,254.00
Percent 0.050%
Missouri (MO)  
Principal Balance 3,039,617.00
Percent 0.150%
Nevada (NV)  
Principal Balance 62,204,945.00
Percent 3.120%
New Hampshire (NH)  
Principal Balance 2,735,112.00
Percent 0.140%
New Jersey (NJ)  
Principal Balance 57,358,909.00
Percent 2.880%
New Mexico (NM)  
Principal Balance 2,499,226.00
Percent 0.130%
New York (NY)  
Principal Balance 100,132,534.00
Percent 5.020%
North Carolina (NC)  
Principal Balance 7,527,365.00
Percent 0.380%
Ohio (OH)  
Principal Balance 3,561,966.00
Percent 0.180%
Oklahoma (OK)  
Principal Balance 1,055,787.00
Percent 0.050%
Oregon (OR)  
Principal Balance 12,893,388.00
Percent 0.650%
Pennsylvania (PA)  
Principal Balance 9,693,749.00
Percent 0.490%
Rhode Island (RI)  
Principal Balance 3,217,522.00
Percent 0.160%
South Carolina (SC)  
Principal Balance 4,430,290.00
Percent 0.220%
South Dakota (SD)  
Principal Balance 100,000.00
Percent 0.010%
Tennessee (TN)  
Principal Balance 1,485,795.00
Percent 0.070%
Texas (TX)  
Principal Balance 13,650,455.00
Percent 0.680%
Utah (UT)  
Principal Balance 6,044,621.00
Percent 0.300%
Vermont (VT)  
Principal Balance 605,637.00
Percent 0.030%
Virginia (VA)  
Principal Balance 78,027,893.00
Percent 3.910%
Washington (WA)  
Principal Balance 33,549,079.00
Percent 1.680%
West Virginia (WV)  
Principal Balance 302,800.00
Percent 0.020%
Wisconsin (WI)  
Principal Balance 1,304,596.00
Percent 0.070%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Documentation Type  
Limited (Stated) Documentation  
Principal Balance 1,335,172,945.00
Percent 66.960%
Verified Assets  
Principal Balance 239,752,129.00
Percent 12.020%
Full Documentation  
Principal Balance 193,181,283.00
Percent 9.690%
Stated Income/Stated Assets Documentation  
Principal Balance 102,352,845.00
Percent 5.130%
No Documentation  
Principal Balance 76,093,434.00
Percent 3.820%
Non Verified Assets  
Principal Balance 39,829,974.00
Percent 2.000%
Full Income/Stated Assets Documentation  
Principal Balance 2,686,613.00
Percent 0.130%
No Verified Assets  
Principal Balance 2,365,410.00
Percent 0.120%
Alternative Documentation  
Principal Balance 1,579,755.00
Percent 0.080%
No Income/No Asset Documentation  
Principal Balance 940,283.00
Percent 0.050%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Risk Category  
A+  
Principal Balance 1,010,947,331.00
Percent 50.70%
A  
Principal Balance 708,687,491.00
Percent 35.54%
Progressive Express I  
Principal Balance 174,223,482.00
Percent 8.74%
Progressive Express II  
Principal Balance 76,092,057.00
Percent 3.82%
A-  
Principal Balance 17,794,103.00
Percent 0.890%
Progressive Express III  
Principal Balance 3,774,599.00
Percent 0.190%
Progressive Express VI  
Principal Balance 1,111,995.00
Percent 0.060%
Progressive Express IV  
Principal Balance 737,618.00
Percent 0.040%
CX  
Principal Balance 383,072.00
Percent 0.020%
Progressive Express V  
Principal Balance 202,923.00
Percent 0.010%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Product Type  
15Yr Fixed  
Principal Balance 10,394,818.00
Percent 0.520%
20Yr Fixed  
Principal Balance 386,671.00
Percent 0.020%
30Yr Fixed  
Principal Balance 142,610,447.00
Percent 7.150%
40/30 Fixed Balloon  
Principal Balance 10,667,619.00
Percent 0.540%
30/15 Fixed Balloon  
Principal Balance 62,425,944.00
Percent 3.130%
30/15 Fixed Balloon - IO  
Principal Balance 2,326,489.00
Percent 0.120%
15Yr Fixed - IO  
Principal Balance 1320150
Percent 0.070%
30Yr Fixed - IO  
Principal Balance 146,240,622.00
Percent 7.330%
30Y LIB1M  
Principal Balance 272,775.00
Percent 0.010%
30Y LIB1M - IO  
Principal Balance 1,583,670.00
Percent 0.080%
30Y LIB6M  
Principal Balance 829,683.00
Percent 0.040%
30Y LIB6M - IO  
Principal Balance 7,361,548.00
Percent 0.370%
30Y LIB12M  
Principal Balance 352,992.00
Percent 0.020%
30Y LIB12M - IO  
Principal Balance 6,844,177.00
Percent 0.340%
2/28 LIB6M  
Principal Balance 11,166,935.00
Percent 0.560%
2/28 LIB6M 40/30 Balloon  
Principal Balance 602,413.00
Percent 0.030%
2/28 LIB6M - IO  
Principal Balance 38,208,443.00
Percent 1.920%
3/27 LIB6M  
Principal Balance 7,892,731.00
Percent 0.400%
3/27 LIB6M 40/30 Balloon  
Principal Balance 5,462,219.00
Percent 0.270%
3/27 LIB6M - IO  
Principal Balance 104,197,737.00
Percent 5.230%
Total  
Principal Balance 1,993,954,670.00
Percent 100.000%
Servicer  
Countrywide Home Loans Servicing LP  
Originator  
Impac Funding Corporation  
Maximum Mortgage Rate  
Weighted Average Maximum Mortgage Rate 12.93%