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December 5, 2002

Actors' Equity/AFCU Mortgage Seminar Returns To New York on December 16

Thinking About Buying A Home ? Tired of Paying Rent ?
Come to a Free Seminar:
Monday, December 16 - 6 PM to 8 PM
Equity Audition Center, 165 West 46th Street, 2nd Floor
Open to All Equity and AFCU Members

AEA's Housing Committee and the Actors' Federal Credit Union invite you to take advantage of one of the best deals in town, the Mortgage Seminar they co-sponsor, on Monday, December 16th, from 6 PM to 8 PM.

Whether you're a first time home buyer, trading up, refinancing, or just thinking about the possibilities, plan to attend. You'll hear a brief, "Home Ownership 101" presentation from a crack team - an AFCU loan officer, a real estate broker, a mortgage broker, and a real estate lawyer. It will be followed by a question and answer session. (No questions too simple or too arcane.)

Even if you've attended before and would just like to hear about the current market from knowledgeable, front line sources, come on by.

While the New York housing/real estate market is notoriously complicated, and, for most actors and other theatre professionals, wildly overpriced, AFCU members have a slight advantage. Unlike a typical lender, as a non-profit the AFCU exists to serve its members, not shareholders - and the profits it makes by mortgage lending are in turn lent to other members.

Who knows, the rent you're paying might just cover a monthly mortgage payment. And if you're not quite ready or qualified to buy this instant, the AFCU can help you start planning to be as soon as possible.

Still unconvinced? At press time, the AFCU's starter rate for their own adjustable mortgage was 3.85%. Even in a housing market currently seeing 40 year lows in mortgage rates, that should catch your eye. For more information, call 212-869-8926 or visit www.actorsfcu.net.

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