Option 1

• Financing available up to 85% of sales price.
• Competitive variable APR is NY Prime + 1%
• Interest only payments for 1 year.
• Origination fee credited to the eventual construction loan.
• No appraisal necessary, so no appraisal fees.

Option 2

• Financing available up to 85% of sales price.
• Competitive APR fixed for 5 years; based on variable APR ofNY Prime + 2% on day of closing.
• 5 year term note based on 15 year amortization.
• Origination fee credited to the eventual construction loan.
• No appraisal necessary, so no appraisal fees.