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None of the information contained in CommonBond's website constitutes a recommendation, solicitation or offer by CommonBond or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service. The information contained in CommonBond's website has been prepared without reference to any particular user's lending or investment requirements or financial situation. The information contained and services offered in CommonBond's website are not provided to, and may not be used by, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or regulatory or self-regulatory organization or clearing organization or where CommonBond is not authorized to provide such information or services. Some products and services described in CommonBond's website may not be available in all jurisdictions or to all potential users.

Terms and Conditions Apply. CommonBond is not affiliated with, nor does it endorse, any university or program. CommonBond reserves the right to modify its services at any time. This information is current as of November 2, 2015, and is subject to change.

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MBA STUDENT LOAN

1) Offered terms are subject to change. The MBA Student Loan is eligible for a 0.25% reduction in interest rate (from 6.05% to 5.80% for the 10-year term and 6.6% to 6.35% for the 15-year term) by agreeing to automatic payment withdrawals for repayment, which is not reflected in the interest rate and APR shown. The APR for the 10-year product is 6.23%, and the APR for the 15-year product is 6.72%.

2) Offered terms are subject to change. MBA Student Loan is offered by Bank of Lake Mills, as creditor, in partnership with CommonBond. The Annual Percentage Rate (APR) of 6.23% or 6.72% shown for each in-school loan product is based on a $10,000 loan and reflects the accruing interest, the effect of capitalized interest, a 2% origination fee, the full deferment payment plan option (in which there is a 21-month in-school deferment and a six-month grace period), and a monthly principal and interest payment of $128.97 for 10 years (120 periods) and $102.71 for 15 years (180 months), with the first payment due 45 days after the completion of the grace period. The MBA Student Loan is eligible for a 0.25% reduction in interest rate (from 6.05% to 5.80% for the 10-year term and 6.6% to 6.35% % for the 15-year term) by agreeing to automatic payment withdrawals once in repayment, which is not reflected in the interest rate and APR shown. Under the full deferment payment plan option, interest and principal may be deferred while a borrower is enrolled in school on at least a half time basis, and for an additional six month grace period following (i) graduation, (ii) termination of enrollment, or (iii) if a borrower ceases enrollment on at least a half-time basis (up to a maximum of 32 consecutive months), at which time interest is capitalized and a 120-month repayment period (10-year term) or a 180-month repayment period (15-year term) begins. There are two other repayment plan options available, an interest only payment plan, in which principal will be deferred and payments made on interest only during the same period described above, and a full principal and interest payment plan, in which payments will begin immediately after disbursement. A borrower's actual APR may vary depending on the repayment option selected by the borrower. The dollar amount of the origination fee is based on the amount borrowed and will be added to the outstanding loan balance upon disbursement. The MBA Student Loan is not offered or endorsed by the educational institution that you are attending. Neither CommonBond nor Bank of Lake Mills, is affiliated with any educational institution included in MBA Student Loans.

3) Savings calculation of $11,719 is based on an assumed $130,524 loan amount, a fixed product with a 6.23% APR, deferred payment until graduation and a six-month grace period. Loan is assumed to be taken out for the borrower's first and second years of business school. Savings is calculated as the difference between a borrower's estimated future payments of $130,524 in Direct Grad PLUS loans and their future expected payments with CommonBond. This assumes a standard 10-year payment period and the Grad PLUS APR of 6.84%. The calculation assumes no change in interest rates, on-time payments, 0.25% ACH discount, and no pre-payment of loans.

REFINANCE LOAN

4) Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.

All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.68% as of December 10, 2016.

Product Lowest APR (with auto pay) Highest APR (with auto pay) Variable Rate Cap Variable Rate Margin
Fixed Rate 3.37% 7.74% N/A N/A
Variable Rate 2.32% 6.18% 8.99% - 9.99% 1.89% - 5.75%
Hybrid Rate 3.85% 6.29% 9.99% 2.75% - 5.13%

For the Hybrid Loan Product, the first 60 payments (5 years) of the hybrid loan have a fixed rate which ranges from 4.06% (with auto pay discount) to 6.50% (with auto pay discount). The last 60 payments (last 5 years) have a variable rate which is the total of the margin plus 1-month LIBOR.

Borrowers are eligible during the repayment period for the 0.25% reduction in the loan rate by signing up for auto pay and making monthly payments. Variable loan rates may increase after origination. Full principal and interest payments will begin approximately 30-60 days after disbursement. There is no origination fee for Refinance Loans. The Refinance Loan Program is not offered or endorsed by the educational institution that you are attending.

5) The Federal government offers a consolidation loan for existing federal loans. 7.4% represents a weighted average interest rate based on a borrow amount of $20,500 per year for the Stafford loan and remaining from Direct PLUS.

6) Savings calculation of $15,114 is based on student loans refinanced with CommonBond between 9/1/16 and 9/30/16. Savings is calculated as the difference between borrowers’ estimated future payments for their previously held loans and their future expected payments after refinancing with CommonBond. The calculation is a weighted average dollar savings across a sample of loans and assumes the term that the borrower chose on their refinance loan is same as the term of their original loan, no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.

Dentists:

Savings calculation of $31,824 is based on an assumed loan balance of $247,000 and a weighted average interest rate for CommonBond members that refinanced student loans from 10/1/2015-1/31/2016 and indicated they had a dental degree. Savings is calculated as the difference between borrowers' estimated future payments for loans at 7.21% (Federal Grad PLUS Rate between 7/1/14 and 6/30/15) and their future expected payments after refinancing with CommonBond. The calculation is a weighted average dollar savings across loan terms and assumes no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.

Doctors:

Savings calculation of $30,051 is based on an assumed loan balance of $176,000 and a weighted average interest rate for CommonBond members that refinanced student loans from 10/1/15-1/31/16 and indicated they had an MD degree. Savings is calculated as the difference between borrowers' estimated future payments for loans at 7.21% (Federal Grad PLUS Rate between 7/1/14 and 6/30/15) and their future expected payments after refinancing with CommonBond. The calculation is a weighted average dollar savings across loan terms and assumes no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.

Lawyers:

Savings calculation of $18,332 is based on an assumed loan balance of $125,000 and a weighted average interest rate for CommonBond members that refinanced student loans from 10/1/2015-1/31/2016 and indicated they had a law degree. Savings is calculated as the difference between borrowers’ estimated future payments for loans at 7.21% (Federal Grad PLUS Rate between 7/1/14 and 6/30/15) and their future expected payments after refinancing with CommonBond. The calculation is a weighted average dollar savings across loan terms and assumes no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.

Pharmacists:

Savings calculation of $21,916 is based on an assumed loan balance of $144,718 and a weighted average interest rate for CommonBond members that refinanced student loans from 10/1/2015-1/31/2016 and indicated they had a Pharm.D degree. Savings is calculated as the difference between borrowers' estimated future payments for loans at 7.21% (Federal Grad PLUS Rate between 7/1/14 and 6/30/15) and their future expected payments after refinancing with CommonBond. The calculation is a weighted average dollar savings across loan terms and assumes no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.

Optometrists:

Savings calculation of $14,941 is based on the actual average loan balance and a weighted average interest rate for CommonBond members that refinanced student loans from 12/1/2015-5/31/2016 and indicated that their occupation was Optometrist. Savings is calculated as the difference between borrowers’ estimated future payments for loans at 7.21% (Federal Grad PLUS Rate between 7/1/14 and 6/30/15) and their future expected payments after refinancing with CommonBond. The calculation is a weighted average dollar savings across loan terms and assumes no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.

PERSONAL LOAN

7) Offered terms are subject to change and state law restrictions. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.

8) Fixed rates from 5.74% APR to 12.99% (with AutoPay). Variable rates from 4.73% APR to 11.58% (with AutoPay). Ranges are current as of December 10, 2016 and are subject to change without notice. Interest rates on variable rate loans are capped at 12.49%. Lowest variable rate of 4.98% APR assumes current 1-month LIBOR rate of 0.68% plus 4.30% margin.

9) All variable rates are based on a 1-month LIBOR assumption of 0.68% as of December 10, 2016.

10) Members are eligible during the repayment period for the 0.25% reduction in the loan rate by signing up for auto pay and making monthly payments. Variable loan rates may increase after origination. For Variable rate loans, the 1-month LIBOR index may vary on a monthly basis and loan payments will be re-amortized and may change monthly.

Federal Loan Disclosure

1) A government loan is made according to rules set by the U.S. Department of Education. Government loans have fixed interest rates, meaning that the interest rate on a government loan will never go up or down.

2) Government loans also permit borrowers in financial trouble to use certain options, such as income-based repayment, which may help some borrowers. Depending on the type of loan that you have, the government may discharge your loan if you die or become permanently disabled.

3) Depending on what type of government loan that you have, you may be eligible for loan forgiveness in exchange for performing certain types of public service. If you are an active-duty service member and you obtained your government loan before you were called to active duty, you are entitled to interest rate and repayment benefits for your loan.

4) If you are unable to pay your government loan, the government can refer your loan to a collection agency or sue you for the unpaid amount. In addition, the government has special powers to collect the loan, such as taking your tax refund and applying it to your loan balance.

5) A private student loan is not a government loan and is not regulated by the Department of Education. A private student loan is instead regulated like other consumer loans under both state and federal law and by the terms of the promissory note with your lender.

6) If you refinance your government loan, your new lender will use the proceeds of your new loan to pay off your government loan. Private student loan lenders do not have to honor any of the benefits that apply to government loans. Because your government loan will be gone after refinancing, you will lose any benefits that apply to that loan. If you are an active-duty service member, your new loan will not be eligible for service member benefits. Most importantly, once you refinance your government loan, you will not able to reinstate your government loan if you become dissatisfied with the terms of your private student loan.

7) If your private student loan has a fixed interest rate, then that rate will never go up or down. If your private student loan has a variable interest rate, then that rate will vary depending on an index rate disclosed in your application. If the interest rate on the new private student loan is less than the interest rate on your government loans, your payments will be less if you refinance.

8) If you are a borrower with a secure job, emergency savings, strong credit and are unlikely to need any of the options available to distressed borrowers of government loans, a refinance of your government loans into a private student loan may be attractive to you. You should consider the costs and benefits of refinancing carefully before you refinance.

9) If you don't pay a private student loan as agreed, the lender can refer your loan to a collection agency or sue you for the unpaid amount.

10) Remember also that like government loans, most private loans cannot be discharged if you file bankruptcy unless you can demonstrate that repayment of the loan would cause you an undue hardship. In most bankruptcy courts, proving undue hardship is very difficult for most borrowers.