As of May 16, 2008
| PRODUCT | RATE | POINTS | APR* | | 1 year ARM** |
5.290% |
0 |
5.371% |
| 3/1 - ARM** |
5.625% |
0 |
5.709% |
| 5/1 - ARM** |
5.875% |
0 |
5.962% |
| Fixed Rate - Biweekly |
6.625% |
0 |
6.768% |
| Fixed Rate - Monthly*** |
6.125% |
0 |
6.214% |
INTEREST RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE,
PLEASE CALL ONE OF OUR LOAN OFFICERS FOR CURRENT RATE
INFORMATION. Interest rates are for single family, owner-occupied homes - call for
rates on investment properties, construction loans or cash-out refinancing. *Annual Percentage Rate (APR) is calculated based on obtaining
a $100,000.00 purchase price with 20% downpayment and a $500.00
origination fee for a 30 year term for an initial loan amount of $80,000.00. **Adjustable Rate Mortgage (ARM) initial interest rates.
Rate may increase after initial interest period subject to
mortgage program and payment disclosures. ***Fixed Rate Monthly mortgages are subject to secondary
market requirements. Other mortgage programs and terms available, please call one
of our loan officers for more information. Security Federal Savings Bank is a Community Bank serving
Cass, Howard and surrounding counties in Indiana. | 
