* 5/1 HELOC & Standard HELOC - Home Equity Line of Credit
Prime minus 0.50% refers to a Variable Rate based on an owner-occupied residence and 80% of Fair Market Value minus other loans. Variable Rates may increase. The maximum APR at any time is 18%. The maximum CLTV on home equity lines of credit is 100%. For loans with a CLTV greater than 80%, higher rates will apply. Other terms and conditions apply, please call for details. The introductory period for the 5/1 HELOC is 60 months; the introductory period for the Standard HELOC is 6 months. Cost of appraisal and any recordation taxes will be member's expense. These closing costs typically range from $200 - $1925 based on the property location, the loan amount requested, the fair market value and the combined loan-to-value (CLTV) ratio. Property insurance is required. Please consult with a tax adviser on the deductibility of interest.

** Home Equity Loans
Prime minus 0.50% refers to a variable rate based on an owner-occupied residence and 80% of Fair Market Value minus other loans. Variable rates may increase. The maximum APR at any time is 18%. The maximum CLTV on home equity loans is 100%. For loans with a CLTV greater than 80%, higher rates will apply. Other terms and conditions apply. Cost of appraisal and any recordation taxes will be member's expense. Property insurance is required. Please consult with a tax adviser on the deductibility of interest. Monthly payments as follows for a $100,000 home equity loan at 4.75% APR for 20 years:
1st six monthly payments ..................................................$646.22

After six months and all subsequent monthly payments..........$646.22

*** Homeowner's Loans (Variable Rate)
Variable rates may increase. The maximum APR at any time is 18%. Owner-occupied properties only. Maximum loan amount is $200,000, higher rates and lower maximum loan amounts apply when CLTV greater than 80%. Cost of any recordation taxes will be member's expense. Property insurance is required and other conditions apply. Please consult with a tax adviser on the deductibility of interest. Monthly payments as follows for a $25,000 Homeowner's loan at 6.00% APR for 12 years:
1st six monthly payments ..................................................$243.96
After six months and all subsequent monthly payments..........$247.21

**** Homeowner's Loans (Fixed Rate)
Owner-occupied properties only. Maximum loan amount is $200,000, higher rates and lower maximum loan amounts apply when CLTV greater than 80%. Cost of any recordation taxes will be member's expense. Property insurance is required and other conditions apply. Please consult with a tax adviser on the deductibility of interest. Homeowner's Loan example: Monthly payments of $426.11 on a $25,000 Homeowner's Loan at 6.990% for 6 years.

The Prime Rate
For Variable Rates we use the highest Prime Rate as published in the Wall Street Journal Money Rates Section, currently 5.25% as of 3/18/2008.