Warren Bank

VARIABLE RATE HOME EQUITY LINES OF CREDIT

Home Equity Lines of Credit are available for a primary or secondary residence (eg. vacation home).

FEE/YEAR	TERM	LOAN AMOUNT	MAXIMUM Loan to Value	APR	MONTHLY PAYMENT
$100.00*	10 years	Up to $24,999	80%	Prime Plus .50%	Interest or $50 (Whichever is greater)
$100.00*	10 years	$25,000 to $49,999	80%	Prime Plus .25%	Interest or $50 (Whichever is greater)
$100.00*	10 years	$50,000 to $149,999	80%	Prime	Interest or $50 (Whichever is greater)
$100.00*	10 years	$150,000 and up	80%	Prime Minus .25%	Interest or $50 (Whichever is greater)
$100.00*	10 years	Up to maximum loan to value	85% With HVE	2.00% Plus Prime	Interest or $50 (Whichever is greater)
$100.00*	10 years	Up to maximum loan to value	90% With Appraisal	4.00% Plus Prime	Interest or $50 (Whichever is greater)
$100.00*	10 years	Up to $100,000	70% With Appraisal (Stated Income)	3.00% Plus Prime	Interest or $50 (Whichever is greater)

*The annual fee can be waived if the payment is made by automatic deduction from a deposit account with Warren Bank. The annual fee can be reduced by half if the payment is made by automatic deduction from a deposit account at another bank.

RENTAL PROPERTY

FEE/YEAR	TERM	LOAN AMOUNT	MAXIMUM Loan to Value	APR	MONTHLY PAYMENT
$100.00*	10 years	Up to maximum loan to value	65% With Appraisal	3.90% Plus prime	Interest or $50 (Whichever is greater)

APPLICATION REQUIREMENTS FOR HOME EQUITY LINES OF CREDIT:

-Completed application
-Home appraisal or property tax statement
-Verification of income
-1st mortgage balance verification
-Home equity lines the amount of $250,000 or more will require an appraisal paid for by the borrower
-If program requires an appraisal, the appraisal costs will be passed on to the borrower

Home equity lines of credit disclosure.
Rates are subject to change at any time.

Variable Annual Percentage Rate current as of 01/07/2009. Your rate may vary.

The variable annual percentage rate is based on The Bank Prime Loan Rate that is 3.25% as of 01/07/2009. The rate for your line of credit will depend on your credit qualifications, loan-to-value ratio and will range from a variable APR of Prime rate minus .25% (currently 3.75% APR) to Prime rate plus 4% (currently 8.00% APR). Credit limit is based on loan-to-value ratio and credit qualifications. Rates cannot exceed 18% APR. An annual fee charged ranges from $0 to $100.00 depending on the loan program selected. An early termination fee of $300.00 will be charged if the account closes within 36 months of opening. The minimum payment required is the greater of interest on outstanding balances or $50.00. Interest only payments and or minimum monthly payments will result in a balloon payment at the end of the 10 year loan period. Property, title and/or flood insurance, if applicable, are required. Consult your tax advisor about the deductibility of interest. Home equity lines are available through any Warren Bank branch. Warren Bank is headquartered in Clinton Township, Michigan.