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Residential Mortgages IFB offers a full range of competitive Residential Mortgage programs designed to meet the requirements of all of our customers, whether US residents or foreigners. We have loans customized for all of your needs: new home purchases, refinancing an existing mortgage, or making home improvements. Discover the IFB Residential Mortgage option that’s just right for you. 15 Years and 30 Years Fixed Rate Mortgages: A fixed rate mortgage offers full amortization mortgages with the same monthly payments for the life of the loan. This loan is recommended in a low rate environment or for individuals who prefer to keep expenses within a determined budget. 30-10 Interest Only: A fixed rate mortgage provides the option to pay interest only for the first 10 years of the loan. After the initial period, the loan will fully amortize over the remaining 20 years. The rate remains fixed at the same rate for the 30-year term of the loan. Adjustable-Rate Mortgages: Adjustable Rate Mortgages, also known as an ARM, is a convenient option for individuals who prefer a mortgage that offers a low introductory rate. The interest rates and payments adjust periodically during the life of the loan. 3/1, 5/1 and 7/1 ARMs: These are adjustable rate mortgages with a low introductory rate for a longer period, adjusting thereafter. These programs are offered to Domestic and Foreign National Clients. The term on these loans is 30 years. 3/1, 5/1 and 7/1 ARMs Interest Only: The same as above for the initial 3, 5 or 7 years, the minimum payment amount is the monthly-accrued interest. Jumbo Loan Programs: Jumbo mortgage program options are available for financing large purchases or refinances designed for mortgages that exceed the current maximum conforming amount of $417,000.00 No PREPAYMENT PENALTY applied on mortgages depending on borrower eligibility and concessions made to the loan. Find the Mortgage Program that’s right for you Choosing the mortgage program to best fit your needs and lifestyle is your only concern. Consider how you imagine your future and your family in your new or existing home of your dreams and let an IFB mortgage make that a reality.   AVAILABLE PROGRAMS ADVANTAGES DISADVANTAGES Fixed Rate 30 Year Fixed 15 Year Fixed Payments and Interest Rate remain the same for the life of the loan Higher interest rates Borrowers are protected should rates increase Higher monthly payments Can refinance if rates decrease Rates do not decrease if rates drop 30 - 10 Interest Only Pay Interest only for the first 10 years of the loan Will convert to Fixed Rate after 10th year Adjustable Rate Mortgages (ARM) 3/1 ARM 5/1 ARM 7/1 ARM Lower initial monthly payment More risks Rates and payments my decrease if rates drop Payments may changed over the life of the loan Borrowers are protected if rates increase Potential for higher payments with increasing rates Can refinance if rates decrease   Interest Only* 3/1 ARM 5/1 ARM 7/1 ARM 30 - 10 Lower monthly payments Higher interest rates Qualify at the interest only payment Principal loan balance will not decrease during the interest only period Flexible payment options Payment will be higher for the remaining term Interest only payments for up to 10 years   (*) Minimum payments will not fully repay the amount of principal under this program. You will be required to make a single total payment at the end of the term. The documentation for the Mortgage Program of your choice   AVAILABLE PROGRAMS ADVANTAGES DISADVANTAGES Full Documentation   Income is verified Income must qualify for the approved loan program Stated Income   Non-income verification Higher rates apply   Best option for borrowers who may not qualify under a full income documentation     Assets verified   No Ratios   Full documentation applies Higher rates apply for no loans No Documentation   Employment, Income and assets should not disclosed on application or verified Higher rates apply for No Doc Loans   Best fit for borrowers who not qualify with a full income documentation program   Apply for the mortgage loan that’s right for you! Submit an application today or stop by one of banking offices and speak with a professional banker ready to help you live in the home of your dreams! Contact our Residential Mortgage Department for additional information concerning our mortgage any of programs. Any of our loan advisors is ready to help you through the process of financing your family’s home. Contact Information: info@intlfinancebank.com Mr. Scott Stephens Vice President, Residential Lending Tel: 305-648-8830 Fax: 305-262-3356 Mr. Abel Venereo Assistant Vice President Tel: 305-648-8877 Fax: 305-262-3356

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