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1st Quarter 2007 The Future is Now

Pick-a-Payment SM: Mortgage Plans Flexible Enough to Meet Your Needs

Home buying doesn't happen in a vacuum. Life goes on and there are other bills to pay besides the mortgage. Kids go to college. Debts mount. Investment opportunities arise.

Wouldn't it be nice to find a mortgage plan that provides the flexibility you need as your life changes?

Wachovia may just have the answer to make this possible.

Our Pick-a-Paymentsm Mortgage is a unique and flexible mortgage solution that gives you options you might not have known were possible.

The Pick-a-Payment SM Mortgage allows you to choose between an adjustable or fixed interest rate. In addition, it gives you the flexibility to choose from up to four different payment options each month.

How Does It Work?
Each month on your billing statement you can choose from up to four different payment options: Minimum Payment*, Interest Only, Full Principal and Interest, or the15-Year Payment Option.

With these options, you could make a lower monthly payment and temporarily increase your cash flow to contribute toward retirement investments, high-interest debts or even fund your children's college tuition. You choose where to spend your money.

Of course, you could even choose to make higher payments and pay off your home loan sooner.

Added Benefits

You can keep mortgage payments low during the initial years of your loan.
You enjoy the flexibility to control your budget based on your individual financial needs.
Choose between a fixed or adjustable mortgage rate

Interested in Learning More?
Call (866) 489-7491 and speak with a Mortgage Specialist to discover if the Pick-a-Payment Mortgage plan is available in your state and how it will work for you. Mortgage Specialists are available Monday through Thursday, from 8:00am to 10:00pm ET, on Friday fro 8:00 am to 6:00 pm, and Saturday from 9:00am - 6:00 pm. Or, feel free to drop us an email.

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Your inquiry may be handled by Wachovia Mortgage Corporation, or World Savings Bank, a Wachovia Company. The Pick-a-Payment product is originated by World Savings Bank and is subject to credit approval, verification and collateral evaluation. Products not available in all states. Certain restrictions apply.

* When you choose the minimum payment option, it may generate deferred interest and increase your loan balance (up to a maximum limit of 125% of its original amount), reducing the equity you have in your home. The initial minimum payment is fixed for one year. When your loan reaches its tenth year, or if the balance reaches its maximum limit before that year, your minimum payment will increase to the amount needed to pay off your loan within the remaining term. The amount of your minimum payment could then increase by as much as 34%, even if the interest rate does not change. A prepayment fee may apply. Ask for details.

Pick-a-PaymentSM is a federally protected service mark of Golden West Financial Corporation.

This newsletter does not constitute legal, accounting, tax or other professional advice. We recommend you contact your own legal, accounting, tax or professional advisor as neither Wachovia nor the publisher assumes responsibility for your relying on the information provided.