Texas Bank and Trust

MORTGAGE INTEREST RATES

Effective May 9, 2008

(Rates Subject To Change Without Notice)

Click here to apply for a Mortgage Loan online.

Loan Type	Rate	Points	Est. APR	Prin. and Int.
CONVENTIONAL LOANS
Fixed Rate Loans (95% Maximum Loan-to-Value)
LOCK-IN PERIOD FOR RATES SHOWN IS 45 DAYS
Payments and APR Based on $417,000 LOAN AMT
15-YR Fixed/Over $417,000*	Call	for	Current	Rates
30-YR Fixed/Over $417,000*	Call	for	Current	Rates
Payments and APR Based on $175,000 LOAN AMT
15-YR Fixed/$100,000 to $417,000*	5.5000	0.0000	5.5600	1,429.90
30-YR Fixed/$100,000 to $417,000*	5.8750	0.0000	5.9110	1,035.19

Call for Interest Rates on Loans Under $100,000 Call for Interest Rates on Loans Exceeding 95% Loan-to-Value *Final Loan Rates and APR's on Fixed Rate Loans may be higher or lower than the rates shown above. Rates, APR's and points may be adjusted based on several factors, including loan amount, occupancy status, state in which the property is located, property type, loan-to-value ratio and your credit score.

First-Time Homebuyer Program
(Grants for downpayment or closing cost assistance may be available)
Payments and APR Based on $85,000 LOAN AMT
30-YR Fixed Rate	6.2500	0.0000	6.9920	523.36
Income limits apply. Applicants must complete a Homebuyer Education Course. Reduced closing costs. Maximum loan amount $85,000. Maximum Loan-to-Value 97%

HOME EQUITY LINE-OF-CREDIT
TEXAS EQUITY FLEXLINE
Payments and APR Based on $25,000 LOAN AMT
1^st Year Monthly Payments of Interest Only.	4.5000	0.0000	4.5000	93.75
Years 2-10 Monthly Payments of Interest Only.	5.0000	N/A	5.0000	104.17
Years 11-20 Monthly Payments of Principal and Interest.	5.0000	N/A	5.0000	265.16
Quoted Rates on the Texas Equity Flexline reflect Current Prime Rate minus .50% for the first year of the draw period. Years 2-10 of the draw period will be Prime Rate adjusted annually. Years 11-20, the amortized repayment period, will be Prime Rate adjusted annually.¹
HOME EQUITY AND HOME IMPROVEMENT LOANS
Payments and APR Based on $25,000 LOAN AMT
3-YR ARM - 15-yr Amortization²	5.8750	0.0000	5.9570	209.28
Fixed Rate to 5 years	5.8750	0.0000	5.8750	481.87
Fixed Rate over 5 to 10 years	7.0000	0.0000	7.0000	290.27
Fixed Rate over 10 to 15 years	7.5000	0.0000	7.5000	231.75
Minimum Loan Amount $10,000 on Home Equity Loans and Home Improvement Loans
INTERIM CONSTRUCTION LOANS
APR based on $175,000 loan amount and 12 month term.
FIXED RATE, 6-12 MONTH TERM	6.0000	0.0000	7.0100	N/A

INTERIM CONSTRUCTION/PERMANENT-ONE TIME CLOSING (Applies to Owner-Occupied Residential Properties only)
APR based on $175,000 loan amount, a 12 month construction term and a 15 year amortized permanent loan.
Fixed Rate³	6.7500	0.0000	6.8220	1,548.59

¹The "Index" on the Texas Equity Flexline is the Prime Rate as published in the Money Rates Section of the Wall Street Journal, Southwest Edition, and referred to as the base rate on corporate loans at U. S. Money Center commercial banks. No caps. Maximum Rate is 18.00%. Floor Rate is 4.00%.
Minimum loan amount is $10,000.

²The "Index" on a 3 year Adjustable Rate Mortgage (ARM) is the weekly average yield on U. S. Treasury securities adjusted to a constant maturity of 5 years, as published by the Federal Reserve Board. Margin is 2.875%. The APR on adjustable rate loans may vary. Caps = 2% per adjustment, 4% for life of loan. Floor rate is 4.00%.

³Interim Term is 12 months. Interest is payable monthly during the interim term. At the end of the interim period, the loan converts to a permanent, fixed-rate loan, with monthly payments of Principal, Interest, and escrow if applicable. Amortization Term is 15 or 30 years. Balloon payment due at the end of 10 years.

For more information on Mortgage Loans please contact:

Sharon Tuel (903)237-5572 (Longview-Downtown)
Lora Hollins (903)237-5642 (Longview-Downtown)
Alfredo Hernandez (903)237-5592 (Longview-Downtown)
Barbara Berry (903)234-4619 (North Longview)
Chan Turner (903)266-3605 (Tyler)
Brenda Brown (903) 927-3405 (Marshall)
Carolyn Hamnett (903) 927-3406 (Marshall)
Jay Cowan (903) 255-3121 (Texarkana)
Chuck Carpenter (972) 563-2657 (Terrell)
Marsha Byrd (903) 845-4642 (Gladewater)
Virginia Wilburn (936) 275-2361 (San Augustine)
Lori Rawlinson (936) 326-4261 (Cushing)

support@texasbankandtrust.com

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