Home Equity Loan Rates

Rates are current as of 5/5/08 and are subject to change without notice

Platinum
(Full income documentation with credit history)

Loan Amount	Combined Loan to Value	APR	Property Type
$25,000 to $500,000	80%	7.875%*	Owner-occupied SFRs, condos, PUDs, 1-2 units, 2nd and vacation homes

Premier
(Stated income documentation with credit history)

Loan Amount	Combined Loan to Value	APR	Property Type
$25,000 to $500,000	75%	8.125%*	Owner-occupied SFRs, condos, PUDs, 1-2 units, 2nd and vacation homes

Super
(No income documentation and no credit history)

Loan Amount	Combined Loan to Value	APR	Property Type
$25,000 to $500,000	65%	8.625%*	Owner-occupied SFRs, condos, PUDs, 1-2 units, 2nd and vacation homes

*Includes 0.25% discount for automatic payment from an eligible FENB account.

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Annual Percentage Rate (APR) is a fixed rate based on the Federal Home Loan Bank 10-Year Rate plus a margin (rounded to the next 0.125%) and assumes a 0.25% discount with automatic payment from an FENB checking or savings account.

Loan eligibility is subject to credit approval and our appraisal valuation system of collateral property. Good for owner-occupied single family residence, condo, PUD, or 1-2 units located in California with line amount up to $500,000. Other limitations and restrictions may apply. All terms are subject to change without notice.

No annual fee for any loan amount. No setup or third party fees for loans up to $250,000. Title policy and appraisal fees apply to loans over $250,000. Appraisal fees apply to all 2-unit properties regardless of loan amount. Fees generally total between $800 and $2,500 depending on your loan amount granted. Contact the Bank for more information for loans over $500,000. An early closure fee of $500 will be assessed if your loan is paid off within the first three years. Property insurance is required. Consult your tax advisor regarding tax deductibility of interest.

Representative Examples

• A 15-year loan of $100,000 with a 7.375% APR and 15-year amortization would have 180 monthly payments of $919.92.
  

• A 15-year loan of $100,000 with a 7.375% APR and 25-year amortization would have 180 monthly payments of $730.88 and a balloon payment of $62,643.37.