| Effective Date: 3/31/2010. | |||||
| Construction Loans | Interest Rate | Origination Fee/Discount Points | APR as low as | LTV | Maximum Loan Amount |
| Up to 12 Month Term | 7.00% | 1/0 | 9.448% | 80% | determined by permanent loan |
Rates are subject to change at any time and are not guaranteed. Other rate and point options may be available. Loan Example: $240,000, 7.00% (9.448% APR); 12 interest only payments of $1400 based on full draw amount. Based on a Sales price of 300,000 with 20% down. Please call the Mortgage Department at 757-886-3395 for details.



