Community Financial: Mortgage Services

Receive Basic Checking with no monthly fees if you
do any of the following:

Have monthly direct deposit of your paycheck, social security or pension check into this account
Maintain $500 in this account
Are a Member Rewards Club member with a minimum combined deposit/loan balance of $10,000+ (excluding first mortgage)
Join e-Club; this fee is waived when you do not use branches for routine transactions
Are a Student Club member age 16 to 20

Call (734) 453-1200 or toll free (877) 937-2328 for details.

Rates as low as ¼% below Wall Street Journal published prime rate

Prime minus .25% ( The Prime Rate as published in the Wall Street Journal -.25%) is available on loans of $25,000+ with a loan to value (LTV) of 80% or less. This includes a .25% discount received when payments are automatically deducted from a Community Financial checking account. Actual rate will be determined by credit history, LTV and the amount borrowed. Minimum rate 4.0%. Maximum Rate 18.0%. There are no closing costs to establish a HELOC but property insurance is required at the member's expense. A $300 cancellation fee is charged to all accounts closed within the first 24 months. The annual fee of $50 is waived the first year and on all accounts with balances of $20,000 or more. Rates information as of 3/2007 and subject to change. Equal opportunity lender.

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Adjustable Rate Mortgage Payment Example

ADJUSTABLE RATE MORTGAGE TYPE	LOAN AMOUNT	SAMPLE RATE	NUMBER OF PAYMENTS	PRINCIPLE & INTEREST PAYMENTS
1/1 YEAR	$150,000.00	5.750%	360	$875.36
3/1 YEAR	$150,000.00	5.750%	360	$875.36
5/1 YEAR	$150,000.00	5.875%	360	$887.31
7/1 YEAR	$150,000.00	6.500%	360	$948.10

The above information is intended to give you an example of the monthly payments on an Adjustable Rate Mortgage. Your actual rate and monthly payments will vary depending on current rate, loan amount and other factors. Please contact a Mortgage Specialist for your personalized payment quote. Rates are subject to change without notice. Community Financial is an Equal Housing Lender.

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Qualifying for Free Checking

It is easy to qualify for Free Checking. Simply have your monthly, recurring pay, social security, pension or other recurring government check directly deposited into your Community Financial Basic Checking Account. This will waive the monthly service fee and per check charges

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Avoid the $8.00 Monthly Fee on Checking Plus by:

Maintaining $2,500 in this account
Being a Member Rewards Club member with a minimum combined deposit/loan balance of $25,000+ (excluding first mortgages)
Linking this account with others to build your total household balance to $25,000+

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Avoid the $15.00 Monthly Fee on High Yield Checking by:

Maintaining $2,500 in this account

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Avoid the $3.00 monthly fee on your Basic Savings Account
if you do any of the following:

Maintain $300 in this account
Are a Member Rewards Club member with a minimum combined deposit/loan balance of $10,000+ (excluding first mortgage)
Joining e-Club; this fee is waived when you do not use branches for routine transactions
Are a member under age 21
Linking this account with others to build your total household balance to $10,000+

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Avoid the $5.00 Monthly Fee on your Super Saver Account by:

Maintaining $1,000 in this account
Being a Member Rewards Club member with a minimum combined deposit/loan balance of $25,000+ (excluding first mortgages)
Linking this account with others to build your total household balance to $25,000+

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Avoid the Monthly Maintenance & Per Check Fees
on Business Checking when you:

Maintain $5,000 in this account.

Please note the $.15 per deposit fee on excess deposits is not waived.

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Avoid the $3.00 monthly fee on Business Savings when you:

Maintain $300 in this account
Join e-Club; this fee is waived when you do not use branches
for routine transactions

Call (734) 453-1200 or toll free (877) 937-2328 for details.

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Fixed Rate Mortgage Payment Examples

30 Year Fixed Mortgage Payment Example: A $200,000 home with 20% down, at 6.375% for 30 years with zero points, your monthly principal and interest payment would be $998.19.

15 Years Fixed Mortgage Payment Example: A $200,000 home with 20% own, at 6.125% for 15 years with zero points, your monthly principle and interest payments would be $1,361.

Rate sample information as of 3/2007 and subject to change without notice. Equal housing lender.

Call (734) 582-8500 or toll free (877) 937-2328 ext. 8500 for details.

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Related Links

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•	Mortgage FAQs

Your Local, Full-Service Mortgage Specialists
Buying a new home can be both exciting and a bit overwhelming. Let Community Financial make the process easier. Whether you are a first time home buyer or interested in refinancing an existing loan to lower your rate, our mortgage experts can help. Click here for our featured rates or to apply online.

Community Financial can provide financing for principle residences, second homes, investment properties, even vacant land. We can help you finance single-family residences, condominiums, factory-build homes or multi-unit properties. Have questions? Contact us today at (734) 582-8500 or (877) 937-2328 ext. 8500.

We make it easy to find the right mortgage

Free Mortgage Pre-Approval
Sellers love to hear “the buyer is pre-approved”. It shows you are serious, and may make the difference when bidding on your dream home. Being pre-approved also lets you know how much house you can afford by estimating your monthly payments. Get a personalized rate quote by applying now or Contact a Mortgage Specialist today.

Rate Match Guarantee & $100 Off at Closing
Community Financial wants you in your dream home with the right mortgage. We offer a Rate Match Guarantee & $100 off at closing to all members.

Rate Match Guarantee - Community Financial Mortgage Services will match the rate on any legitimate loan offer for a first mortgage on 1-4 family real estate with the following conditions: loan subject to automatic underwriting approval, a Community Financial Mortgage Representative has independently confirmed the rate offered by a competitor at a "brick & mortar" full service lender located in Michigan, the Community Financial loan must close under matching terms (if any changes take place to the loan or loan program, then the match offer is void), loans for vacant land or FHA loans do not qualify for Rate match Program.

$100 off closing cost is limited to one per household and does not apply to bridge or home equity loans. No cash value, offer is limited and may be withdrawn at any time without notice.

Community Financial Members Federal Credit Union, P.O. Box 8050, Plymouth, Michigan 48170-8050
National Credit Union Administration (NCUA) Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. Your savings also privately insured for an additional $250,000 by Excess Share Insurance Corporation (ESI). ESI is a subsidiary of American Share Insurance. Equal Housing Lender. Community Financial 2007