*Homeowner’s insurance is required. Flood insurance may be required. Minimum loan amount $20,000. Minimum loan amount is subject to change without notice. Subject to credit approval. Maximum APR is 21% in RI, 18% in MA, and 12% in CT. Fees will apply if held in trust or with power of attorney ranging from $100 to $300. Title insurance is required on loans over $350,000 and the premium is $2.50 per $1,000. If you pay your Credit Line balance in full you may have to pay a prepayment penalty of 2.0% of the outstanding Credit Line Balance. Please note: The Prepayment Penalty will only be charged if you pay your outstanding Credit Line balance in full AND you tell us to terminate the Agreement (and we execute a full satisfaction of the Agreement and a Discharge of the Mortgage Deed) within one year of the Agreement Date. The Prepayment Penalty will not be charged for: a) Solely for prepaying the outstanding Credit Line balance, in whole or in part (your credit line will still be available for future use) or b) If you have a balance on your line of credit that is less than the credit limit and you choose to terminate your right to obtain future advances. (Note — If you chose to terminate your right to receive future advances under the agreement, written notice must be sent to the Bank via registered or certified mail at 184 John Clarke Road, Middletown, RI 02842 in accordance with Rhode Island General Laws § 34-25-11). Please contact a tax advisor regarding the deductibility of interest. Maximum loan to value 80%. Available only on Rhode Island, Southeastern Massachusetts, and Connecticut properties that are: owner-occupied, one-to-four family residences and condominiums, or second homes (which are not rental properties) where the subject collateral property was not used as collateral for a home equity line of credit from BankNewport within the prior 12 months from the application date. Not available for refinance of existing BankNewport liens. Cannot be a bridge loan or combined with other special offers, promotions or discounts. Offer may be withdrawn at any time. Initial disbursement of $10,000 or more is required on the funding date of the loan. BankNewport checking account is required. $50.00 Annual Fee. Other conditions may apply. After the initial fixed rate period is completed, the Periodic Rate will not result in a corresponding annual percentage rate that is less than 3.00%.

**Introductory Annual Percentage Rate will be 6.99% for the first six months, then variable thereafter and subject to change without notice on the first business day of each billing cycle based on the Prime Rate as published by The Wall Street Journal.