Important Rate Disclosures

Interest rates and APRs vary and are subject to change without notice. Rates are not guaranteed unless locked and your loan application closes according to the terms of your rate lock agreement. Rates, APRs and fees assume excellent credit, a purchase loan for an owner-occupied, single-family residence in the state of North Carolina with a 20% down payment and no Mortgage Insurance. Your actual APR and fees may vary depending on your credit history, actual loan amount, combined loan-to-value ratio and selection of loan features. APR and fees are estimates based on Wachovia Mortgage's normal and customary loans available through Wachovia Mortgage's internet channel. Adequate homeowner's insurance is required and flood hazard insurance may be required. If the down payment is less than 20% of the purchase price or home's value, whichever is less, Private Mortgage Insurance may be required, which will increase your monthly payment and could increase the APR. The APR displayed assumes a discounted origination fee of .75% for internet applications and may or may not include discount points required to obtain the interest rate displayed. Other rates, terms and programs are available. Please contact us for details.

Fixed Rate Payment Example:

A 30-year fixed rate loan for $150,000 with a 6.00% interest rate (6.49% APR) would require 360 monthly payments of $899.33 each. Other rates and terms are available. The payments used in this example do not include required taxes and insurance premiums. The terms used in this example are for illustrative purposes only and the actual terms you receive may be different depending on your individual circumstances.

Adjustable Rate Payment Example:

For example, on a 3/1 LIBOR Adjustable Rate Mortgage the interest rate and payment is fixed for the first three years of the loan. The interest rate and payment may adjust every twelve months thereafter and may not increase or decrease more than 2.0% at each twelve-month adjustment. The interest rate cannot increase more than 6.0% over the term of the loan. For example, on a $200,000 loan for a 30-year term with an initial rate of 5.50% (5.72% APR), repayment will consist of 36 monthly payments of $1,135.58. If the interest rate were to increase by the maximum six percentage points to 11.50%, then the monthly payment would increase from $1,573.48 to a maximum of $1,860.92 in the sixth year. None of the payment amounts used in this example include required monthly escrows for taxes and insurance premiums. Other rates and terms are available. The terms used in this example are for illustrative purposes only and the actual terms you receive may be different depending on your individual circumstances.