Chain Bridge Bank

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When you need to borrow money—for a new home, a new car or whatever you’ve been dreaming about—you can turn to your partners at Chain Bridge Bank. Our knowledgeable and helpful loan officers will sit down with you to find just the right financing for you particular circumstances and goals.

Consumer Lending

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Home Equity Loan

A Chain Bridge Bank Home Equity Loan allows you to access the equity in your home without costly fees or expenses.

Uses:	Home improvements, auto purchase, college tuition, refinance or consolidation of existing loan(s), emergency expenses, or anything else you desire.
Benefits:	Interest rates are typically lower than other consumer credit and can be fixed for an extended term. Interest paid may be tax deductable (consult your tax advisor).
Interest Rate:	Interest rates can be fixed for the term of the loan. Contact us for a current rate quote!
Repayment:	Monthly payments of principal and interest. Payments are automatically deducted from your Chain Bridge Bank account.
Amortization:	Up to fifteen (15) years
Term:	Up to fifteen (15) years
Collateral:	1st or 2nd Lien on Primary Residence
Loan-To-Value:	LTV ≤ 80%. All loans are subject to property valuation or appraisal.
Points:	Zero
Closing Costs:	The Bank will provide $250 credit toward closing costs. The Borrower will be responsible for all other closing costs, fees, and expenses.

Effective November 1, 2008. Chain Bridge Bank, N.A. offers fixed home equity loans (closed-end). A 15 year loan with a interest rate of 7.25% APR, LTV ≤ 80%, a 15 year term, and a 15 year amortization would have monthly payments of $9.13 per thousand dollars borrowed for the full term of the loan. A 10 year loan with a interest rate of 6.75% APR, LTV ≤ 80%, a 10 year term, and a 10 year amortization would have monthly payments of $11.49 per thousand dollars borrowed for the full term of the loan. Rates are subject to change and require automatic payment from a checking account at the Bank. Non-discounted rates are available. Loans and 80% financing are subject to credit approval. The minimum loan amount is $25,000 with a maximum loan amount of $250,000 without additional underwriting is available. Loans that are paid off and closed within thirty (36) months may require the reimbursement of the actual closing costs up to a maximum reimbursement of $250. All loans are subject to credit approval. Adequate property insurance is required. Title and flood insurance are required where necessary.

Home Equity Line of Credit (HELOC)

Access the equity in your home with a Chain Bridge Bank Home Equity Line of Credit (HELOC).

Uses:

Home improvements, auto purchase, college tuition, refinance or consolidation of existing loan(s), emergency expenses, or anything else you desire.

Benefits:

Interest rates are typically lower than other consumer credit. Access funds via check, internet transfer, or by contacting a personal banker. Repayment of principal is flexible and monthly payments are interest only. Interest paid may be tax deductable (consult your tax advisor).

Interest Rate:

All interest rates are variable based on Wall Street Journal Prime (WSJP), floating, loan amount, and combined loan-to-value (CLTV).

Repayment:

Flexible. Monthly payments of interest only based on the amounts borrowed. As you pay down your line of credit balance, you can borrow again up to your credit limit. Payments are automatically deducted from your Chain Bridge Bank account.

Term:

Ten (10) Years

Collateral:

1st or 2nd Lien on Primary Residence

Fees & Costs:

No annual fees! The Bank will provide a maximum of $1,000 toward closing costs.

Information:

Consumer Loan Application Income Verification:

Loan Amount of $25k to $250k:	W-2 & 2 Paystubs or Income Tax Returns;
Loan Amount of < $250k:	2 Years Income Tax Returns
Self Employed:	2 Years Personal & Business Income Tax Returns

Property Insurance
Current Mortgage Statements for all liens on subject property

Effective November 1, 2008. The Annual Percentage Rate (APR) is based on the Wall Street Journal Prime (WSJP) Rate (4.00% as of 10/31/08) plus or minus a margin and will vary each month with WSJP Rate, but will not go below 5% or exceed 18%. For all lines of credit, the following examples apply: For line amounts of $50,000, based on a LTV of 80%, a $25,000 outstanding balance, and the current index, an APR of 5.50% would apply. The minimum monthly payment would be $116.78. The monthly payment for a fully advanced $50,000 line of credit is $233.56. This payment example assumes full utilization of the line with an interest only payment at an APR of 5.50%. If interest-only payments are made monthly, a balloon payment of the outstanding principal balance plus all accrued interest and unpaid fees will be due in full at the end of the term. The minimum line amount is $25,000, with a minimum initial advance of $25,000 to obtain to the closing cost credit. The maximum line amount without additional underwriting is $250,000, with an initial advance of $50,000. Rates are subject to change and require automatic payment from a checking account at the Bank. Non-discounted rates are available. Lines of credit that are paid off and closed within thirty (36) months may require reimbursement of the actual closing costs up to a maximum reimbursement of $1,000. All loans are subject to credit approval. Finance charges for credit advances under the credit line will begin to accrue on the date credit advances are posted to your credit line. Adequate property insurance is required. Title and flood insurance are required where necessary. Subject collateral must be borrower’s primary residence and must be located within the Washington Metropolitan area.

Executive Line of Credit (ELOC)

Want access to money when you need it? Chain Bridge Bank has an Executive Line of Credit (ELOC) that allows you to access funds quickly without compromise. Flexible repayment and easy access gives you the ability to borrow and repay on your terms, while knowing you are borrowing at a competitive interest rate.

Uses:	Short-term cash needs, emergency expenses or medical costs
Benefits:	Committed line of credit available on your terms Competitive interest rate Low monthly payment & Flexible repayment of principal
Interest Rate:	Based on Wall Street Journal Prime, floating. Rates vary based on credit history, line amount, and collateral.
Repayment:	Flexible. You can decide when to borrow, how much to borrow, and when to pay it back. As you pay down your line of credit balance, you can borrow again up to your credit limit.
Easy Access:	You have access to the full amount of your line of credit by transferring funds via check, online transfer, or by contacting your personal banker. You can also view account balances and history online.
Term:	Due on Demand
Collateral:	Unsecured or Secured
Fees:	No annual fees!

The Annual Percentage Rate (APR) is based on The Wall Street Journal Prime Rate (4.00% as of 10/31/08) plus or minus a margin and will vary with the Prime Rate, but will not go below 5% or exceed 18%. For all lines of credit, the following examples apply: For line amounts of $25,000, based on a $10,000 outstanding balance and the current index, a 6.00% APR could apply. The minimum monthly payment would be $50.96. The monthly payment amount for a $25,000 line of credit is $127.40. This example assumes full utilization of the line with an interest only payment at an APR of 6.00%. If interest-only payments are made monthly, a balloon payment of the outstanding principal balance plus all accrued interest and unpaid fees will be due in full at the end of the term. Rates are subject to change and required automatic payment from a checking account at the Bank. Non-discounted rates are available. Finance charges for credit advances under the credit line will begin to accrue on the date credit advances are posted to your credit line.

Automobile Loans

Drive home in your new or previously owned automobile by financing it with a Chain Bridge Bank Automobile Loan. Our loan allows you to get behind the wheel with a fast and easy application. Flexible repayment terms will match your cash flow. Our competitive rates will make it easier to afford your newly purchased automobile.

Uses:	Purchase new or previously owned automobile
Benefits:	Competitive interest rates Monthly payment to fit your budget Easy application
Interest Rate:	Fixed based on the term and qualifying rate when you borrow
Repayment:	Fixed monthly payments
Term:	New: Up to 60 months Used (1-2 Years): Up to 60 months Used (3-5 Years): Up to 36 months
Collateral:	Title to vehicle
LTV:	Up to 100% financing of the cost or value
Insurance:	Evidence of insurance required.
Fees:	None

Effective November 1, 2008, Chain Bridge Bank, N.A. offers fixed automobile loan rates for new and used automobiles. A 36-month loan with a 6.50% fixed APR would have monthly payments of $30.65 per thousand dollars borrowed. A 48-month loan with a 6.75% fixed APR would have monthly payments of $23.83 per thousand dollars borrowed. A 60-month loan with a 6.90% fixed APR would have monthly payments of $19.76 per thousand dollars borrowed. Rates quoted in this example are for new automobiles. Rates are subject to change and reflect a discount for automatic payment from a checking account at the Bank. Non-discounted rates are available. Loans and 100% financing are subject to credit approval. Evidence of insurance is required.

Personal Installment Loans

A Chain Bridge Bank Personal Installment Loan allows you to access your good credit for big events or unforeseen borrowing needs.

Uses:	Big events like college, weddings, vacation. Small home improvement projects, emergency expenses, debt consolidation
Benefits:	Competitive interest rates Monthly payment to fit your budget Easy application
Interest Rate:	Fixed based on the term and qualifying rate when you borrow
Repayment:	Fixed monthly makes payment
Term:	Up to 36 months
Collateral:	Unsecured or Secured

Effective November 1, 2008. Chain Bridge Bank, N.A. offers fixed personal installment loan rates. A 36-month loan with a 12.00% fixed APR would have monthly payments of $33.21 per thousand dollars borrowed. Rates are subject to change and reflect a discount for automatic payment from a checking account at the Bank. Non-discounted rates are available. Loans are subject to credit approval.

Overdraft Protection

A Chain Bridge Bank Overdraft Protection line will help you cover your deposit account for unplanned expenses. The overdraft protection kicks in automatically to pay items up to your approved credit limit.

Uses:	Unplanned expenses, emergency expenses
Benefits:	Automatically covers your account up to your credit limit Flexible repayment terms Easy application
Interest Rate:	Fixed based on the qualifying rate when you borrow.
Repayment:	Flexible. You pay interest on the amount borrowed. Principal is repaid when you want to.
Term:	On Demand
Collateral:	Unsecured or Secured

Effective November 1, 2008. The Annual Percentage Rate (APR) is 17.00%. For all lines of credit, the following examples apply: For line amounts of $5,000, based on a $1,000 outstanding balance and the current 17.00% APR would apply. The minimum monthly payment would be $14.44. The monthly payment amount for a $5,000 line of credit is $72.19. This payment example assumes full utilization of the line with an interest only payment at an APR of 17%. If interest-only payments are made monthly, a balloon payment of the outstanding principal balance plus all accrued interest and unpaid fees will be due upon closing of the deposit account associated with the line. Rates are subject to change and require automatic payment from a checking account at the Bank. Finance charges for credit advances under the credit line will begin to accrue on the date credit advances are posted to your credit line.

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