Luso Federal Credit Union

Rates are effective as of Monday, January 5, 2008
Rates are subject to change without notice.

JUMBO Fixed Rate Mortgage and New Construction: Owner Occupied

Term	Rate	APR
0 Points
10 Year	4.875%	4.904%
15 Year	5.000%	5.012%
20 Year	5.250%	5.259%
25 Year	5.500%	5.507%
30 Year	5.750%	5.757%
1 Point
10 Year	4.625%	4.869%
15 Year	4.750%	4.912%
20 Year	5.000%	5.129%
25 Year	5.250%	5.360%
30 Year	5.500%	5.598%
2 Points
10 Year	4.375%	4.834%
15 Year	4.500%	4.813%
20 Year	4.750%	4.998%
25 Year	5.000%	5.211%
30 Year	5.250%	5.438%
• APR: Annual Percentage Rate • APR Based on a $417,001.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

First Time Home Buyer Special! JUMBO Fixed Rate Mortgage and New Construction: Owner Occupied

Points	Term	Rate	APR
0 Points	30 Year Fixed	5.500%	5.507%
• APR: Annual Percentage Rate is based on a $417,001.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Construction Term Policy: The construction phase is limited to a maximum (12) month period. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

JUMBO Adjustable Rate Mortgage and New Construction: Owner Occupied

Term	Rate	APR	Index	CAP	Margin
0 Points
1/1 Year Review	4.875%	3.051%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	5.375%	4.012%	3 YR Treasury	2/6	+ 2.50%
5/1 Year Review	5.625%	4.347%	1 YR Treasury	2/6	+ 2.50%
7/1 Year Review	5.875%	4.736%	1 YR Treasury	2/6	+ 2.50%
10/1 Year Review	6.125%	5.039%	1 YR Treasury	2/6	+ 2.50%
1 Point
1/1 Year Review	4.625%	3.110%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	5.125%	4.037%	3 YR Treasury	2/6	+ 2.50%
5/1 Year Review	5.375%	3.909%	1 YR Treasury	2/6	+ 2.50%
7/1 Year Review	5.62%	4.352%	1 YR Treasury	2/6	+ 2.50%
10/1 Year Review	5.875%	4.950%	1 YR Treasury	2/6	+ 2.50%
2 Points
1/1 Year Review	4.375%	3.169%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	4.875%	4.063%	3 YR Treasury	2/6	+ 2.50%
5/1 Year Review	5.125%	3.886%	1 YR Treasury	2/6	+ 2.50%
7/1 Year Review	5.375%	4.299%	1 YR Treasury	2/6	+ 2.50%
10/1 Year Review	5.625%	4.861%	1 YR Treasury	2/6	+ 2.50%
• APR: Annual Percentage Rate is based on a $417,001.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

First Time Home Buyer Special! JUMBO Adjustable Rate Mortgage and New Construction: Owner Occupied

Points	Term	Rate	APR	Index	CAP	Margin
0 Points	6/1 Year Review	5.625%	4.102%	1 YR Treasury	2/6	+ 2.50%
• APR: Annual Percentage Rate is based on a $417,001.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Review Policy: Reviews CAP at 6% for the life of the mortgage, but will not exceed 2% adjustment at each review. • Construction Term Policy: The construction phase is limited to a maximum (12) month period. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

Fixed Rate Mortgage and New Construction: Owner Occupied

Term	Rate	APR
0 Points
10 Year	4.750%	4.831%
15 Year	4.875%	4.907%
20 Year	5.125%	5.150%
25 Year	5.375%	5.397%
30 Year	5.625%	5.644%
1 Point
10 Year	4.500%	4.795%
15 Year	4.625%	4.807%
20 Year	4.875%	5.020%
25 Year	5.125%	5.248%
30 Year	5.375%	5.485%
2 Points
10 Year	4.250%	4.670%
15 Year	4.375%	4.707%
20 Year	4.625%	4.888%
25 Year	4.875%	5.098%
30 Year	5.125%	5.324%
• APR: Annual Percentage Rate is based on a $150,000.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

First Time Home Buyer Special! Fixed Rate Mortgage & New Construction: Owner Occupied

Points	Term	Rate	APR
0 Points	30 Year Fixed	5.375%	5.394%
• APR: Annual Percentage Rate is based on a $150,000.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Review Policy: Reviews CAP at 6% for the life of the mortgage, but will not exceed 2% adjustment at each review. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

Adjustable Rate Mortgage and New Construction: Owner Occupied

Term	Rate	APR	Index	CAP	Margin
0 Points
1/1 Year Review	4.750%	3.051%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	5.250%	4.002%	3 YR Treasury	2/6	+ 2.50%
5/1 Year Review	5.500%	3.889%	1 YR Treasury	2/6	+ 2.50%
7/1 Year Review	5.750%	4.345%	1 YR Treasury	2/6	+ 2.50%
10/1 Year Review	6.000%	4.959%	1 YR Treasury	2/6	+ 2.50%
1 Point
1/1 Year Review	4.500%	3.110%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	5.000%	4.028%	3 YR Treasury	2/6	+ 2.50%
5/1 Year Review	5.250%	3.865%	1 YR Treasury	2/6	+ 2.50%
7/1 Year Review	5.500%	4.292%	1 YR Treasury	2/6	+ 2.50%
10/1 Year Review	5.750%	4.871%	1 YR Treasury	2/6	+ 2.50%
2 Points
1/1 Year Review	4.250%	3.169%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	4.750%	4.054	3 YR Treasury	2/6	+ 2.50%
5/1 Year Review	5.000%	3.842%	1 YR Treasury	2/6	+ 2.50%
7/1 Year Review	5.250%	4.240%	1 YR Treasury	2/6	+ 2.50%
10/1 Year Review	5.500%	4.782%	1 YR Treasury	2/6	+ 2.50%
• APR: Annual Percentage Rate is based on a $150,000.00 loan amount, with a 30-year amortization. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Review Policy: Reviews CAP at 6% for the life of the mortgage, but will not exceed 2% adjustment at each review. • Construction Term Policy: The construction phase is limited to a maximum (12) month period. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

SPECIAL OFFER: Adjustable Rate Mortgage and New Construction: Owner Occupied

Term	Rate	APR	Index	CAPS	Margin
6/1 Year Review	5.500%	4.050%	1 YR Treasury	2/6	+ 2.50%
• APR: Annual Percentage Rate is based on a $150,000.00 loan amount, with a 40-year amortization. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Review Policy: Reviews CAP at 6% for the life of the mortgage, but will not exceed 2% adjustment at each review. • Construction Term Policy: The construction phase is limited to a maximum (12) month period. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

"IDEAL" No Fee Fixed Rate First Mortgage: Owner Occupied

LTV	Minimum Amount	Term	Rate	APR
80%	$5,000.00	5 Year	5.250%	5.250%
80%	$5,000.00	10 Year	5.500%	5.500%
80%	$5,000.00	15 Year	5.750%	5.750%
• APR: Annual Percentage Rate is based on a $100,000.00 loan amount, unless otherwise noted. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Fees vary and are due at application. • View Information Needed At Time Of Mortgage Application

Land Fixed Rate: Owner Occupied

Term	Rate	APR
0 Points
5 Year	7.500%	7.631%
10 Year	8.500%	8.631%
15 Year	9.500%	9.555%
1 Point
5 Year	7.250%	7.794%
10 Year	8.250%	8.554%
15 Year	9.250%	9.478%
2 Points
5 Year	7.000%	7.691%
10 Year	8.000%	8.535%
15 Year	9.000%	9.400%
• APR: Annual Percentage Rate is based on a $100,000.00 loan amount, unless otherwise noted. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Fees vary and are due at application.

Land Adjustable Rate: Owner Occupied

Term	Rate	APR	Index	CAP	Margin
0 Points
1/1 Year Review	7.000%	5.013%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	7.250%	5.897%	3 YR Treasury	2/6	+ 2.50%
5/5 Year Review	7.500%	5.923%	1 YR Treasury	2/6	+ 2.50%
1 Point
1/1 Year Review	6.750%	5.060%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	7.000%	5.927%	3 YR Treasury	2/6	+ 2.50%
5/5 Year Review	7.250%	5.901%	1 YR Treasury	2/6	+ 2.50%
2 Points
1/1 Year Review	6.500%	5.127%	1 YR Treasury	2/6	+ 2.50%
3/3 Year Review	6.750%	5.957%	3 YR Treasury	2/6	+ 2.50%
5/5 Year Review	7.000%	5.879%	1 YR Treasury	2/6	+ 2.50%
• APR: Annual Percentage Rate is based on a $100,000.00 loan amount, with a 30-year amortization. • Down Payment Requirements: a 20% down payment is required; less than a 20% down payment will require MGIC Insurance; less than a 30% down payment will require real estate tax escrow. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Review Policy: Reviews CAP at 6% for the life of the mortgage, but will not exceed 2% adjustment at each review. • Fees vary and are due at application.

Home Equity Fixed Rate: Owner Occupied

LTV	Term	Rate	APR
80%	5 Year	5.500%	5.500%
80%	10 Year	5.750%	5.750%
80%	15 Year	6.000%	6.000%
80%	20 Year	6.750%	6.750%
• APR: Annual Percentage Rate - Based on $100,000.00 loan amount, unless otherwise noted. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • Fees vary and are due at application.

"FLEX LINE" Home Equity Line Of Credit: Owner Occupied

Our Home Equity Line of Credit allows you to borrow up to 80% of the value of your home, less the amount you already owe. Use your available equity for home improvements, debt consolidation, education, vacation, even auto purchases and the interest you pay may be tax deductible.* Once your credit line has been established, you draw on it as you need it; you do not get the line amount as a lump sum. Annual Percentage Rates Based on a $100,000 Loan Value. Fees vary and are due at application.
LTV	Term	Rate	APR
80%	20 Year	Prime (-) .51% Min $25,000-$99,999	N/A
80%	20 Year	Prime (-) 1.01% Min $100,000 and over	N/A
80%	20 Year	Prime Rate Under $25,000	N/A
• LTV: Loan to Value / Home Equity Policy: Up to a maximum 80% Loan to Value. • APR: Annual Percentage Rate is based on a $100,000.00 loan amount, unless otherwise noted. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • HELOC Policy: (10) Year Draw Period / (10) Year Repay Period. • Prime Rate : 4.50% • Fees vary and are due at application.

SPECIAL OFFER: "FLEX LINE" Home Equity Line of Credit: Owner Occupied

LTV	Term	Rate	APR
80%	20 Year	Prime (-) 1.50% For the life of the loan!	N/A
• LTV: Loan to Value / Home Equity Policy: Up to a maximum 80% Loan to Value. • APR: Annual Percentage Rate is based on $100,000.00 loan amount, unless otherwise noted. • Rate Lock Policy: Rate will lock for 45 Days for a fee of $500.00 and is refunded upon receipt of closing from attorney; fee is non refundable on withdrawn applications; fee and rate lock are forfeited on loans closed after the 45 day period; fee is automatically refunded on denied applications. • HELOC Policy: (10) Year Draw Period / (10) Year Repay Period. • HELOC - Special Rate Offer: ceiling not to exceed 10.50%; floor not to fall below 6.00% • Prime Rate: 4.50% • Fees vary and are due at application.