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Personal Loans At IFB we have consumer loans to fit your needs with the personal touch that only a community bank can provide. All loan evaluations are done in house in a timely manner. We want your banking experience to be a pleasurable one, not something you dread. Types Of Loans Available Home Equity Line of Credit (HELOC) An IFB Home Equity Line of Credit (HELOC) allows you to borrow money from the equity in your home. You can use the HELOC for any purpose – home improvement, debt consolidation, a new car, tuition, vacation – it’s up to you! Here follows the descriptions and features of our HELOC products available to you. HELOC FEATURES 15 YEAR PROGRAM * 20 YEAR PROGRAM * TYPE BORROW AS YOU NEED LINE BORROW AS YOU NEED LINE DEDUCTIBLE INTEREST TAX DEDUCTIBLE IN MOST CASES ** TAX DEDUCTIBLE IN MOST CASES ** INTEREST RATES AS LOW AS * FIXED RATE OF 1% UNDER PRIME FOR THE FIRST YEAR VARIABLE RATE OF 0.50% UNDER PRIME. 15 YEAR INTEREST ONLY WITH BALLOON *** VARIABLE RATE OF PRIME FOR LIFE 10 YEAR DRAW PERIOD-INTEREST ONLY. 10 YEAR REPAYMENT PERIOD*** LTV 80% (MAXIMUM COMBINED) 75% (MAXIMUM COMBINED) FEES NO APPLICATION FEE OR UP-FRONT FEES REQUIRED NO APPLICATION FEE OR UP-FRONT FEES REQUIRED CLOSING COSTS LINES OF UP TO $250,000.00 – NO CLOSING COSTS. LINES GREATER THAN $250,000.00 – IFB WILL PAY $1,500.00 TOWARD CLOSING COSTS **** LINES OF UP TO $250,000.00 – NO CLOSING COSTS. LINES GREATER THAN $250,000.00 – IFB WILL PAY $1,500.00 TOWARD CLOSING COSTS **** MAINTENANCE FEE $50.00 YEARLY $50.00 YEARLY REQUIRED DOCUMENTS HELOC CREDIT APPLICATION HELOC CREDIT APPLICATION LAST TWO (2) YEARS INCOME TAX RETURNS LAST TWO (2) YEARS INCOME TAX RETURNS PROOF OF HOMEOWNERS AND WINDSTORM INSURANCE PROOF OF HOMEOWNERS AND WINDSTORM INSURANCE PROOF OF FLOOD INSURANCE PROOF OF FLOOD INSURANCE COPY OF CURRENT PROPERTY ASSESSMENT COPY OF CURRENT PROPERTY ASSESSMENT COPY OF YOUR OWNER’S TITLE INSURANCE POLICY AND SURVEY COPY OF YOUR OWNER’S TITLE INSURANCE POLICY AND SURVEY COPY OF WARRANTY DEED COPY OF WARRANTY DEED COPY OF STATEMENT OF 1ST MORTGAGE COPY OF STATEMENT OF 2ND MORTGAGE (IF APPLICABLE) COPY OF STATEMENT OF 1ST MORTGAGE COPY OF STATEMENT OF 2ND MORTGAGE (IF APPLICABLE) ACCESS TO FUNDS CONVENIENCE CHECKS CONVENIENCE CHECKS PAYMENT OPTIONS MONTHLY STATEMENT BILLING DIRECT PAYMENTS USING AUTOMATIC PAYMENTS FROM YOUR IFB CHECKING OR SAVINGS ACCOUNT ACH TRANSFER FROM OTHER FINANCIAL INSTITUTIONS MONTHLY STATEMENT BILLING DIRECT PAYMENTS USING AUTOMATIC PAYMENTS FROM YOUR IFB CHECKING OR SAVINGS ACCOUNT ACH TRANSFER FROM OTHER FINANCIAL INSTITUTIONS * SUBJECT TO CREDIT SCORE AND QUALIFICATION. ** PLEASE CONSULT WITH YOUR TAX ADVISOR FOR DETAILS. *** MINIMUN PAYMENTS UNDER THIS PLAN WILL NOT FULLY REPAY THE OUTSTANDING PRINCIPAL. YOU WILL BE REQUIRED TO PAY THE OUTSTANDIG BALANCE AT MATURITY. **** HELOCS CLOSED WITHIN THE FIRST THREE (3) YEARS – BORROWER (S) REIMBURSES IFB ALL FEES PAID TO THIRD PARTIES INCLUDING $1,500.00 THAT IS PAID BY BANK ON LINES GREATER THAN $250,000.00. HELOC 15 YEAR PROGRAM The Annual Percentage Rate (APR) will be a variable rate based on the Prime Rate published in the Wall Street Journal (5.25% as of 3/18/08) and is discounted at index minus 1.0% for the first 12 months and 0.50% under prime thereafter. The maximum APR that will apply is 18.0%. By paying interest only, you have smaller payments but at the end of the loan you will owe the full loan amount. A $50 maintenance fee will be charged annually. The home equity line is secured by a lien on your residence; property insurance is required. Consult your tax advisor concerning interest deductibility. 20 YEAR PROGRAM The Annual Percentage Rate (APR) will be a variable rate based on the published prime rate in the Wall Street Journal (5.25% as of 3/18/08). The maximum APR that will apply is 18%. A $50 maintenance fee will be charged annually. A balloon payment may result. The home equity line is secured by a lien on your residence; property insurance is required. Consult your tax advisor concerning interest deductibility. HELOC CREDIT APPLICATION HELOC ADDITIONAL APPLICATION DOCUMENTATION Fill out the HELOC application and additional application documentation and submit it to us via fax to 305-262-3356. You may also pick up an application at any of our branch offices in Miami-Dade County or our office in Weston in Broward County! HELOC DISCLOSURES Federal Reserve Board's "What You Should Know About Home Equity Lines of Credit" Other Types Of Consumer Loans Available New/Used Auto IFB offers up to 105% Manufacturer’s Dealer Invoice on new vehicles, For used vehicles, we finance up to 110% of the NADA loan value. Contact us for current rates and terms. Auto Buying Services IFB offers ways to help you find your next vehicle with American Chariots, Inc., a full-service auto brokerage business. For expert auto-buying advice without the hassle, visit American Chariots. Auto Loan Calculator Deposit Secured Loans Our deposit secured loans allows you to purchase what you need without depleting your account balance. You also get an interest rate savings, as the rate is 2% above the deposit account rate, no matter what you need the loan for! Contact us for more details. Personal Loans You can use a personal loan to pay for almost anything, from a new computer to your next big vacation. IFB personal loans are closed ended and do not require collateral to be secured. Best of all, a personal loan from IFB comes with a fixed rate, so you always know what your payment will be. Contact us for current rates and terms. Marine Loans We Finance Your Boating Dreams. Whether you're dreaming of power boating or sailing, IFB’s Marine Loan Program can help make your dream reality. Contact us for current rates and terms Equipment Loans Equipment loans are for business owners who want to finance the purchase of new or used equipment. An equipment loan with IFB lets you borrow up to 75% of the purchase price of new and 70% of the purchase price of used equipment. Contact us for current rate and terms. Other Consumer Loan Features Ask about our Automatic Payment Plan and get a break on your interest rate! We can also provide GAP (Guaranteed Automobile Protection), and Credit Life and Accident and Health Insurance on your loan if you would like. Just ask one of the Loan Officers for program details. Get the loan you want! Fill out an application and submit it to us via fax to 305-648-8848. You may also pick up an application at any of our branch offices in Miami-Dade County or our office in Weston in Broward County! Cons Loan pp_Final_Fillable_0430072.pdf Do you know what your vehicle is worth? Check out NADA (*) to find out. This site will also give you the value of new and used, cars, trucks, SUVs, motorcycles, boats, classic cars, recreation vehicles and manufactured homes. Check it out. Do you have questions about your credit or want to see what is on your credit report? Contact Information for any of the Three Credit Reporting Agencies: The following information is provided so that you may contact any or all of the consumer reporting agencies. You can contact them for questions about receiving a copy of your credit report, to dispute information on your credit report or to place a fraud alert. Equifax: 1-800-525-6285 EQUIFAX, Equifax P.O Box 740241, Atlanta, GA 30374-0241 Experian: 1-888-EXPERIAN (397-3742), EXPERIAN , Experian P.O. Box 9532, Allen, TX 75013 Trans Union: 1-800-888-4213, TRANS UNION, Trans Union/Consumer Relations 2 Baldwin Place P.O. Box 1000 Chester, PA 19022 How to Get Your Credit Report and How Much Does it Cost: Getting a copy of your credit report is an easy and painless process. In fact, you are entitled to one free report annually and under certain circumstances even more often. To get your copy contact any or all of three nationwide consumer credit reporting agencies listed above.

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