*APR=Annual Percentage Rate. Subject to credit approval. Rates, terms & conditions effective 06/01/2024 for applications received thru 8/30/2024. Year 10 Balloon Payment, interest only payments required, variable rate loan. After the 10-year draw period, you will no longer have access to borrow funds and will require a balloon payment on any remaining principal balance. During the draw period, there is an introductory discounted variable rate in effect for the first 6 billing cycles, based on 1.25% discount resulting in an APR below prime rate as published in the Wall Street Journal. Thereafter, the variable rate will be based on The Wall Street Journal prime rate plus or minus a margin. APR example provided above is based on highest credit tier, with an LTV of 80% or less and includes a .25% rate reduction at origination for automatic payment from an FNBM checking account. Max APR is 25%, minimum APR is 4.00%. During the draw period, the minimum monthly payment is equal to the interest that accrued on the outstanding balance during the preceding billing cycle or $50, whichever is greater. No closing costs, unless the line exceeds $250,000, which will require title insurance and a full appraisal. Primary residence must be in Michigan. FNBM reserves the right to discontinue this offer at any time. Property insurance required. Other restrictions may apply, see bank for details.