In such event, borrower will be required to pay for such Title Insurance. Payment must be made automatically from USB checking account. This introductory APR is not based on the index or margin used for adjustments in the remainder of the 25 year loan term. You will be billed for interest only during the first 10 years , however you may repay principal at any time. Payments from the 11 th through the 25 th year will include principal and interest.
Property insurance is required.
Loans are subject to credit approval and are secured by a mortgage lien on your home. If the loan is terminated within three years of closing, the borrower will be obligated to refund the Bank's actual closing costs. Payments must be auto deducted from a USB checking account, which will be provided with no monthly service fees. Borrower is required to provide title insurance if this is a first mortgage or if Bank's attorney does not approve title. Call for details.