THE JEWISH NEWS JUMBO MORTGAGES WITHOUT JUMBO CLOSING COSTS. NO POINTS, NO ESCROW, NO APPLICATION FEES ON JUMBO MORTGAGES. With a Chase Jumbo Mortgage, you can save thousands of dollars in out of pocket expenses at closing. You can even select a "no points" pricing option. There is no tax or insurance escrow, and no application fees. It's that simple, that affordable. In addition, we offer you: • Loan amounts up to $1 million or more. • Loan decisions usually within 48-72 hours. • Fixed rate simple interest mortgages with amortizations up to 40 years. • No 'prepayment penalties. • Adjustable rate mortgages with a low 3% lifetime cap. • Bridge loans that allow you to sell your home at the best time for the best price. For more information, call your local Chase Personal Financial Services office. We'll give you the personalized service you expect and the credit you deserve. CHASE NIP Chase Manhattan of Michigan Bloomfield Hills: 313-645-6466 For example: On a typical 15-year $500,000 loan with a 40-year amortization, the loan would be repaid in 179 equality monthly payments of $4,641.47 and a final balloon payment of $473,564.95 if the APR were fixed at 11.00%. This rate may or may not be in effect at the time your loan is approved. Down payment requirements apoly. © 1989 Chase Manhattan Financial Services, Inc. ROYAL HOWINIO OPPORTUNITY IMPORTANT TAX INFO BELOW TAX RETURNS FOR LESS COSTUME JEWELRY OF DISTINCTION TRUE FAUX' offers sophisticated reproductions of Chanel, Bulgari, Harry Winston, Cartier and Tiffany pieces, as well as vintage style originals created in sterling silver, marcasite and Parisian enamel. 280 N.WOODWARD IN THE GREAT AMERICAN BLDG. BIRMINGHAM, MI (313) 433-1150 8 FRIDAY, FEBRUARY 16, 1990 TRuE AUX° JEWELRY • • • • Computerized Accuracy You'll receive every possible deduction Electronic Filing Available Speedy Refunds • Competitive Rates H.B. BANK TAX PREPARERS 661-0453 Serving Detroit's Metropolitan Jewish Community with distinction for four decades. PUBLISHER: Charles A. Buerger ASSOCIATE PUBLISHER: Arthur M. Horwitz EDITOR EMERITUS: Philip Slomovitz EDITOR: Gary Rosenblatt ASSOCIATE EDITOR: Alan Hitsky ASSISTANT EDITOR: Elizabeth Applebaum STAFF WRITERS: Susan Grant Kimberly Lifton Richard Pearl CONTRIBUTING EDITOR: Elie Wiesel ISRAEL CORRESPONDENT: Ze'ev Chafets PHOTOGRAPHER: Glenn Triest LOCAL COLUMNISTS: Danny Raskin Carla Jean Schwartz BUSINESS MANAGER: Dan Chovanec ART DIRECTOR: Deb Branner PRODUCTION: Sherryl Adler Donald Cheshure Cathy Ciccone Curtis Deloye Joy Gardin Ralph Orme Gayle Schmidt OFFICE STAFF: Shirley Berman Percy Kaplan Pauline Max Marlene Miller Dharlene Norris Jeri Poma Laura Prevost Ellen Warshaw Melanie Wilson ACCOUNT EXECUTIVES: Susan Brooks Kathy Johnson Betsy Leemon Randy Marcuson Lisa Marshall Rick Nessel Danny Raskin Adrian Williams EDITORIAL DEADLINE: All public and social announcements must be received by Friday noon, seven days prior to desired date of publication. Must be typewritten. CLASSIFIED ADVERTISING DEADLINE: Tuesday noon DISPLAY ADVERTISING DEADLINE: Monday 4:30 p.m. SUBSCRIPTIONS: 1 year-$26 — 2 years-$46. Out of State-$33 per year. Foreign-$48 per year. 27676 FRANKLIN ROAD SOUTHFIELD, MI 48034 TELEPHONE: General 354-6060 Classified 354-5959 Display Adv. 354-7123 © 1990 by The Detroit Jewish News