Rates are subject to change. Please check with your local branch, or call if we can answer any questions. First Mortgages Rate APR* Points First Mortgages      30 Year Fixed Rate 3.875% 4.012% 0.875 15 Year Fixed Rate 3.250% 3.435% 0.500 FHA Contact Sound for current rates VA Contact Sound for current rates Adjustable Rate Contact Sound for current rates Keep an eye on rates via email and sign up for Rate Watch. Express Mortgage Term APR Range* Express Mortgage Loan1      70% loan to value (LTV) Maximum 7 years 3.49% - 3.99% 70% loan to value (LTV) Maximum 10 years 3.74% - 4.24% 70% loan to value (LTV) Maximum 12 years 3.99% - 4.49% Home Equity Term APR Range * Fixed Home Equity2 Up to 70% LTV Maximum 5 Years 3.74% - 6.74% Up to 70% LTV Maximum 10 Years 4.74% - 7.74% Up to 70% LTV Maximum 15 Years 5.74% - 8.74% 70% - 80% LTV Maximum 5 Years 4.74% - 6.49% 70% - 80% LTV Maximum 10 Years 5.74% - 7.49% 70% - 80% LTV Maximum 15 Years 6.74% - 8.49% 80% - 100% LTV Maximum 5 Years 5.74% - 6.74% 80% - 100% LTV Maximum 10 Years 6.74% - 7.74% 80% - 100% LTV Maximum 15 Years 7.74% - 8.74%   30/7 Home Equity Loan3 Up to 70% LTV Max. 7 years, (payments amortized over 30 years) 5.74% - 8.74% Even though payments are amortized over 30 years the loan's term is 7 years. After 7 years you can simply rewrite the loan with Sound (or another lending institution) or pay the loan off in full.

Home Equity Line of Credit	Introductory APR ‡	APR Range*
Home Equity Line Of Credit 2
Up to 70% LTV	1.99%	4.49% - 7.25%
70% - 80% LTV	1.99%	5.25% - 8.25%
80% - 100% LTV	1.99%	6.25% - 7.25%
Low variable rates. Maximum loan amount is determined by amount of equity in home. Access the account through Home Equity Line of Credit checks or VISA Gold Credit Card. Accounts may also be accessed at ATMs and Point of Sale locations, via the telephone or in person at the credit union.

Land Loans4	Term	Rate	APR *
50% Financing LTV	Max 7 Years, (amortized over 20 years)	8.49%	8.922%

All loans:
*APR is Annual Percentage Rate. All loans are subject to credit approval. Your rate and credit limit will be determined based on individual creditworthiness including income, debt ratio, and employment. Verification of income may be required. Must be 18 years of age to qualify for a loan. Must be a Sound Credit Union member to participate. Anyone who lives or works in WA can join. Membership at Sound requires a savings account with a minimum balance of $25.

¹Express Mortgage Loan:
No fees, no closing costs expect appraisal if needed. Homeowners insurance is required. A $345 early closure fee is applied if the loan is closed within the first 24 months. Borrow up to 70% of appraised value. Sound Credit Union will be in first lien position. Maximum loan amount of $225,000. Taxes and insurance will be paid by homeowner. Financing available on homes in Washington State.

²Home Equity Loans and Home Equity Lines of Credit:
Homeowners insurance is required. A $345 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. The annual percentage rate includes only interest and no other costs and is based on the value of an index. This index is the Prime Rate published in the Wall Street Journal and is current as of 1/1/11 and could change at any time. Sound will use the most recent Index available as of 5 days before the date of any change to the Annual Percentage Rate. To determine the Annual Percentage Rate, which will apply to your account, a margin will be added to your current Index rate. Home equity line of credit has a variable rate feature and an APR (corresponding to the month periodic rate) and the minimum payment may change as a result. Most home equity loans qualify for deductible interest. Consult your tax advisor for details.

In no event will the regular Annual Percentage Rate be less than 4.49% or more than the lesser of 18% per annum of the maximum rate allowed by applicable law.

Borrow up to 100% of appraised value for Fixed Home Equity loans and Home Equity Lines of Credit. For fixed home equity and home equity line of credit: 90% financing, $50,000 maximum; 100% financing, $25,000 maximum. Borrow up to 70% for 30/7 Home Equity Loans. Non-owner occupied and manufactured home fixed home equity rates are 1.50% higher than rates listed above; maximum LTV 70% with a maximum loan amount of $50,000. Non-owner occupied and manufactured home HELOC rates: 6.25% - 9.25% APR; maximum LTV 70% with a maximum loan amount of $50,000.

‡Introductory Rate
Introductory rate available for six months after the loan is funded. At the beginning of the seventh month your regular rate will go into effect. Offer subject to change at any time.

³30/7 Home Equity Loan:
This loan has a balloon payment feature, and the minimum monthly payments will not pay the loan in full by the maturity date. At the maturity date, a member will have to pay the entire outstanding balance from their own resources, or take a loan with either Sound Credit Union or another lending institution.

⁴Land Loans:
Annual Percentage Rate is based on a loan amount of $100,000 with 50% down payment on a 20 year amortization with a 7-year balloon payment. Financing available up to 50% of the appraised value. To calculate the loan-to-value (CLTV), take the land loan amount and divide that by the value of the land. Property must be zoned residential and cannot exceed ten (10) acres. Maximum loan amount $250,000. Sound Credit Union must be first lien position. 1.5% origination fee and other third party fees apply. Property must be located in Washington State. Additional terms may apply.