Fraternity Federal

Deposit Products

Lot Loans
Rates Effective: August 25, 2010
Maximum Loan to Value: 80%

Loan Term		Rate	Points	APR	P & I Per $1000
1/1 ARM		5.250%	0.500%	3.939%	$6.1572
1/1 ARM		5.500%	0.000%	3.918%	$6.3207
2/1 ARM		5.500%	0.500%	4.096%	$6.2387
2/1 ARM		5.750%	0.000%	4.093%	$6.4031
3/1 ARM		5.750%	0.500%	4.346%	$6.3207
3/1 ARM		6.000%	0.000%	4.286%	$6.4860

30 Year amortization, 7 year call.
Interest Only available.
Margin 3.25%, caps 3/2.5/5
Rate floor equals start rate.
85% maximum LTV for conforming, 80% for jumbo.
Initial interest rate may change after consummation.
Developed sites only.