Community offers a variety of fixed rate loans to
purchase a home or refinance your mortgage. Now
Community also offers a mortgage calculator
to help you find which mortgage plan is best for you.

There are many advantages of a mortgage at
Community:

• You pay the same rate over the life of the loan.
• No teaser rates or rate increases that can be
  found with an adjustable rate loan.
• Principle and Interest payments never vary.
• A "Zero Points" option saves on closing costs.
• For lower down payments, consider a CHOP loan.

15-Year Mortgages*

Consider the benefits!

• Save thousands in interest
• Build home equity faster
• Get a lower rate than a traditional 30 year mortgage

* For example: a $100,000 mortgage loan with a term of 15 years will have a monthly payment of $871.11 with a corresponding annual percentage rate (APR) of 6.550%. A $100,000 loan with a term of 30 years will have a monthly payment of $656.93 with a corresponding APR of 6.906%. Minimum down payment for both loans is 20%.

Fixed Rate Mortgages

Community offers customers fixed rate mortgages so they are assured their principal and interest payment will never change.

Zero Points Mortgages

To help keep buyers' "up front" costs low, Community offers Zero Points Mortgages and participates in a number of home ownership programs. See one of Community's knowledgeable Loan Officers for details.

Multi-Family Loans

Community also makes loans on multi-family residential properties. Great terms and rates are available. Call Art Neville for more information.

Financial services provided for local customers. All accounts must
be opened in person. Other terms, conditions and restrictions apply.
For current rates call Total Service Connection at 773.685.3947.

©2002 Community Savings Bank and Southward & Associates