.25% Discount on New Home EquityLines of Credit

We're making it a good time to get a new Home EquityLine of Credit. Now you can get a .25% discount with automatic payments from your Navy Federal checking account!¹

With this special discount, your rate could be as low as 4.00% APR.¹

Benefits include:

• Borrow up to 90%² of the property value
• No lender closing costs³
• Interest is tax-deductible⁴

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1. Home EquityLine of Credit (HEL) rates are subject to change based on various credit and property evaluation criteria, so your rate may differ. Rates are based on the prime rate as published in the Wall Street Journal on the first work day of every month. Current rates range from 4.00% APR to 10.50% APR with a maximum of 18% APR. Rate discount is applied to loan applications received on or after April 29, 2008. You must set up and maintain monthly recurring payments from your Navy Federal checking account for the life of the loan, otherwise your rate will increase .25% above your original Note rate. All loans are subject to credit approval. You must carry insurance on the property that secures this loan. HELs unavailable in Texas.

2. Some restrictions may apply.

3. Limited offer. Navy Federal will pay closing costs (excluding government recording and transfer charges) on new equity loan applications (Fixed Equity Loans/Lines of Credit). Loans paid off and closed in less than 3 years from the loan origination date will require reimbursement of all closing costs paid by Navy Federal. For loan/line amounts up to $350,000, closing costs typically range between $150 and $900. The closing costs depend on the location of the property and the amount of the Equity Loan. Offer excludes Equity Loans/Lines of Credit used for a home purchase and the appraisal fee, if an appraisal is necessary.

4. Consult your tax advisor.

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