LAND LOANS
	VARIABLE RATE ONLY
	NO POINTS
	Owner Occupied - Loan to Value Ratio of 80%
	Non-Owner Occupied - Loan to Value Ratio of 75%
	ONE YEAR VARIABLE
					INITIAL MONTHLY PAYMENT
	CATEGORY	RATE	APR	TERM	PER $1,000
	1/1 year variable	4.00%	3.51%	180 months	$7.40
	Index is the weekly average yield on U. S. Treasury Securities adjusted to a constant maturity of one year
	Margin is 3.25%, Caps are plus or minus 2.00% per review and plus or minus 6.00% lifetime.
	Payment may vary after one year and annually thereafter.
	THREE YEAR VARIABLE
	3/3 year variable	4.75%	4.20%	180 months	$7.78
	Index is the weekly average yield on U. S. Treasury Securities adjusted to a constant maturity of three years
	Margin is 3.25%, Caps are plus or minus 2.00% per review and plus or minus 6.00% lifetime.
	Payment may vary after three years and every third year thereafter.
	FIVE YEAR VARIABLE
	5/5 year variable	5.50%	5.11%	180 months	$8.17
	Index is the weekly average yield on U. S. Treasury Securities adjusted to a constant maturity of five years
	Margin is 3.25%, Caps are plus or minus 3.00% per review and plus or minus 6.00% lifetime.
	Payment may vary after five years and every fifth year thereafter.
	APR'S  based on a loan amount of $25,000.00. Application fee of $400.00.
PERMANENT
CONSTRUCTION MORTGAGES
Use any of our adjustable rate or select fixed rate mortgages. Pay interest only on the
amounts disbursed during the construction period. When the house is complete, just
start making regular monthly payments: no second closing required. We can lend up to
90% of the combined cost of the land and the cost to construct or 90% of the
appraised value, whichever is less. The purchase of a lot can be included in the mortgages, or
if the land is owned free and clear, it may be used towards the down payment.
If you are interested in Adjustable Rate Mortgage Products, please visit www.chelseagroton.com for detailed information.
Please call any of our full service branch locations, or a mortgage specialist at (860) 448-4174 for personalized service.
	ALL RATES, TERMS AND CONDITIONS SUBJECT TO CHANGE.
	SUBJECT TO CREDIT APPROVAL
Member FDIC.         Equal Housing Lender.    www. chelseagroton.com    Rates effective 01/20/2012