COMMUNITY UNITED FEDERAL CREDIT UNION

Home Equity Loan Promotion

April 1 – May 15, 2007

1.  Line-of-Credit (HELOC) Loans

1. Rates
• As low as 5.95% APR (Annual Percentage Rate) thru 12/31/07, then reverts to Prime Rate. 

2. Maximum Amounts and Terms
• Maximum amount  -   $50,000 or 100% CLTV, whichever is less.
• Maximum terms  -  240 months.

3. Closing Costs
• No application fee.  Only fees charged are for title examination, flood zone determination and recording.

2.  Fixed Rate 5 Balloon Loans

1. Rates
• As low as 7.95% APR until first maturity, then reverts to current rate for fixed rate home equity loans.

       All other terms and conditions same as for HELOC’s.

Notes:

1. Promotional rates and conditions are for new loans and refinanced balances from other financial institutions.
2. Loans assume a first or second lien position on site-built, single family homes and real estate used as primary residences.  Not valid for mobile homes, manufactured homes, homes under construction or major renovation.