Financing example: If you borrowed $100,000 for 30 years with 360 principal and interest payments of $536.82 and a 0% down payment, using MSHDA (MI State Housing Development Authority) conventional loan program, the fixed interest rate would be 5.000% with a 5.631% APR (Annual Percentage Rate). The interest rate was quoted as of 01/29/08. The stated APR includes pre-paid closing costs and no allowance for taxes, insurance and other closing costs. Programs and rates are subject to change without notice. Total payments plus all other debts cannot exceed underwriting guidelines. Some restrictions and normal credit standards apply.

Information provided by Wolverine Bank of Saginaw, Frankenmuth & Midland
for North Country Homes Corporation of Indian River, Michigan.