TEXAS ADJUSTABLE RATE HOME EQUITY LOAN

¹ For example, a $100,000 Adjustable Rate home equity loan with a term of 360 months and an initial fixed term of 3 years (other initial fixed terms are available) at an interest rate of 7.01% (7.11% APR) for 36 months would have a monthly payment of $672.66. Thereafter, the interest rate applicable to the remaining balance will be based on an index (the London InterBank Offered Rate as published in The Wall Street Journal, Eastern Edition) plus the margin stated in the Note and the monthly payment will change annually according to the terms of the Note. The interest rate cannot increase or decrease more than 2.00% annually at the end of the initial fixed-rate period or more than 6.00% over the life of the loan. (Different interest caps may apply depending on the initial fixed term chosen.) If the interest rate were to increase by 2.00% after the initial fixed term, your payment would increase from $672.66 to $813.43 at the beginning of the fourth year and could adjust every year thereafter. If the interest rate were to increase by the maximum of 6.00%, the monthly payment could rise to a maximum of $1118.14. Other rates and terms available. Products not available in all states.

² Consult your tax advisor concerning interest deductibility.

³ For example, a $100,000 adjustable-rate home equity loan with a term of 360 months, an interest-only period of 3 years (other periods are available), a first payment due date 30 days after loan closing and an interest rate of 7.21% (7.31% APR) would have a monthly interest-only payment range of $558.61 to $638.41 for 36 months. At the beginning of the fourth year, the interest rate applicable to the remaining balance will be based on an index (the London InterBank Offered Rate as published in The Wall Street Journal, Eastern Edition) plus the margin stated in the Note, and the monthly payment will change annually according to the terms of the Note. The interest rate cannot increase or decrease more than 2.00% annually at the end of the initial fixed-rate period or more than 6.00% over the life of the loan. (Different interest caps may apply depending on the initial fixed term chosen.) If the interest rate were to increase by 2.00% after the initial fixed term, your payment would increase from approximately $638.41 to $846.01 at the beginning of the fourth year and could adjust every year thereafter. If the interest rate were to increase by the maximum of 6.00%, the monthly payment could rise to a maximum of approximately $1144.49. Other rates and terms available. Products not available in all states.

⁴ Loan amounts are based upon collateral value, creditworthiness and state maximum loan to value limitations. In accordance with state law, the maximum combined loan to value ratio may not exceed 80% of the fair market value of your homestead property. For non-homestead properties, the combined loan to value ratio may not exceed 100% of the fair market value of the property. The loan amount you may receive will satisfy the state maximum loan to value limitations, but may be limited further based upon the value of your collateral and your creditworthiness.

All loans and lines of credit are subject to credit approval, verification, and collateral evaluation and are originated by Wachovia Mortgage, FSB, Wachovia Bank, National Association, Wachovia Financial Services, Inc., or where applicable Wachovia Bank of Delaware, National Association. Products are not available in all states and are subject to change without notice.

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