Prime minus 1.25% For The Life Of The Loan

*Rate based on the Prime Rate as published in The Wall Street Journal - currently 5.00% minus 1.25% for the life of the line. Available for primary residences located in New Jersey. The maximum Annual Percentage Rate (APR) is 15.75%. THE MINIMUM IS CURRENTLY 4.00%. Maximum Loan-to-Value (LTV) is 80% on 1 to 4 family residences. Based on an APR of 4.00% with a 30-day billing cycle and an average loan balance of $25,000 the monthly payment would be $221.08 but would change monthly as the principal balance increases or decreases. There is a $175 application fee on loans over $250,000. Other fees include $90 mortgage recording & discharge; $450 early termination fee for lines closed within 24 months. An initial advance of $25,000 is required at time of closing to qualify for the Prime minus 1.25%, and Auto Payments from our RED CARPET PLUS Account; without Auto Payments the rate is Prime minus 1.00%. If initial advance is less than $25,000, or the line is for less then $50,000, the APR is prime minus .50%. Based on an APR of 4.50% with a 30-day billing cycle and an average loan balance of $10,000 the monthly payment would be $92.54 but would change monthly as the principal balance increases or decreases. INTEREST ONLY - Prime minus 0.50%; Owner occupied 1-2 Family, minimum $25,000, maximum $250,000 with 80% maxium LTV. NO INCOME VERICATION - Prime plus 1.00%, Self-empolyed only, Owner occupied 1-2 Family with 75% maxium LTV. Homeowner’s insurance is required; flood and title insurance may be required.

**Maximum Loan-to-Value (LTV) is 80% on 1 to 4 family residences.The above APR’s reflect a maximum LTV of 80%. Monthly payments include principal and interest. Available for primary residences located in New Jersey only, subject to $90 mortgage recording and discharge fee. Homeowner’s insurance is required; flood and title insurance may be required. Limited-time offering. Other programs available.