OUR COMPENSATION. The lenders whose loan products are distributed by the Mortgage Broker generally provide their loan products to the Mortgage Broker at a wholesale rate. • The retail price a Mortgage Broker offers you---your interest rate, total points and fees---will include the Mortgage Broker’s compensation. • The lender will pay the Mortgage Broker all of its compensation. The Mortgage Broker may also be paid by the lender based on (i) the value of the mortgage loan or the related servicing rights in the market place or (ii) other services, goods, or facilities performed or provided by the mortgage broker to the lender. • A brokerage fee of $ 250.00 will be paid directly by your lender to Broker and you will not need to pay this out of your own funds. This amount may change prior to your loan closing in which event Broker will redisclose this amount to you.
OUR COMPENSATION. The lenders whose loan products we distribute generally provide their loan products to us at a wholesale rate. The retail price we offer you - your interest rate, total points and fees - will include our compensation. In some cases, we will receive all of our compensation from you, to be paid in cash or from the loan proceeds at the time of settlement. In other cases, we will receive all of our compensation from the lender. You may be able to obtain a lower interest rate by paying higher points and fees. (A "point" is 1% of the loan amount.) Alternatively, you may be able to finance the payment of our compensation or other costs that you would otherwise be required to pay directly by paying a higher interest rate. Having discussed the specific effects these alternatives may have on your interest rate, points, fees and other loan terms, and the various payment options that are available to you, you agree our compensation will be paid as follows:
OUR COMPENSATION. The lenders whose loan products we distribute generally provide their loan products to us at a wholesale rate. * The retail price we offer you - your interest rate, total points and fees - will include our compensation. * In some cases, we may be paid all of our compensation by either you or the lender. For example, in some cases, if you would rather pay a lower interest rate, you may pay higher up-front points and fees. * Also, in some cases, if you would rather pay less up front, you may be able to pay a higher interest rate in which case we will be paid directly by the lender. We also may be paid by the lender based on (i) the value of the Mortgage Loan or related servicing rights in the market place or (ii) other services, goods or facilities performed or provided by us to the lender. By signing below, the mortgage loan originator and mortgage loan applicant(s) acknowledge receipt of a copy of this signed Agreement. MORTGAGE LOAN ORIGINATOR APPLICANT(S) Company Name Applicant Name(s) Xxxxxxx Xxxxxxx Xxxx, Xxxxx, Xxx Xxxx, Xxxxx, Zip Phone/Fax Borrower Signature Date Broker or Authorized Agent Signature Date Co-Borrower Signature Date
OUR COMPENSATION. The lenders whose loan products are distributed by the Loan Broker generally provide their loan products to the mortgage broker at a wholesale rate. • The retail price a Loan Broker offers you---your interest rate, total points and fees---will include the Loan Broker’s compensation. • The lender will pay the Loan Broker all of its compensation. The Loan Broker may also be paid by the lender based on (i) the value of the Mortgage Loan or the related servicing rights in the market place or
OUR COMPENSATION. The lenders whose loan products we distribute generally provide their loan products to us at a wholesale rate. The retail price we offer you – your interest rate, total points, and fee – will include our compensation. In some cases we may be paid all of our compensation by either you or the lender. Alternatively, we may be paid a portion of our compensation by both you and the lender. For example, in some cases, if you would rather pay a lower interest rate, you may pay higher up front points and fees. Also, in some cases, if you would rather pay less up-front points and fees, you may be able to pay some or all of our compensation indirectly through a higher interest rate, in which case we will be paid directly by the lender. We also may be paid by the lender based on (1) the value of the Mortgage Loan or related servicing rights in the market place or (2) other services, goods or facilities performed or provided by us to the lender. By signing below, applicant(s) acknowledge receipt of a copy of this Agreement. Mortgage Loan Origination Applicant(s) Borrower: Borrower: Signature Signature Print Name: Print Name: Date: Broker or Authorized Agent: Signature
OUR COMPENSATION. We cannot solicit or collect any fee, other than a "bona fide third party fee" (as defined in Indiana Code § 23-2.5-1-3 and listed in 710 IAC 1-22-6), prior to the loan closing. Our required deposit which represents bona fide third party fees is $ . We are required to return any unspent portion of this deposit should you elect to cancel your loan with us.
OUR COMPENSATION. The lenders whose loan products we distribute generally provide their loan products to us at a wholesale rate. * The retail price we offer you - your interest rate, total points and fees - will include our compensation. * In some cases, we may be paid all of our compensation by either you or the lender. * Alternatively, we may be paid a portion of our compensation by both you and the lender. For example, in some cases, if you would rather pay a lower interest rate, you may pay higher up-front points and fees. * Also, in some cases, if you would rather pay less up front, you may be able to pay some or all of our compensation indirectly through a higher interest rate in which case we will be paid directly by the lender. We also may be paid by the lender based on (i) the value of the Mortgage Loan or related servicing rights in the market place or (ii) other services, goods or facilities performed or provided by us to the lender. By signing below, the mortgage loan originator and mortgage loan applicant(s) acknowledge receipt of a copy of this signed Agreement. MORTGAGE LOAN ORIGINATOR APPLICANT(S) Company Name Applicant Name(s) Xxxxxxx Xxxxxxx Xxxx, Xxxxx, Xxx Xxxx, Xxxxx, Zip Phone/Fax Borrower Signature Date Broker or Authorized Agent Signature Date Co-Borrower Signature Date
OUR COMPENSATION. We cannot solicit or collect any fee, other than a bona fide third party fee (as defined in Ind. Code § 23-2-5-19(b) and listed in 710 IAC 1-22-6), prior to the loan closing. Our required deposit which represents bona fide third party fees is $_____. We are required to return any unspent portion of this deposit should you elect to cancel your loan with us.
OUR COMPENSATION. The lenders whose loan products we distribute generally provide their loan products to us at a wholesale rate. * The retail price we offer you - your interest rate, total points and fees - will include our compensation. * In some cases, we may be paid all of our compensation by either you or the lender. For example, in some cases, if you would rather pay a lower interest rate, you may pay higher up-front points and fees. * Also, in some cases, if you would rather pay less up front, you may be able to pay a higher interest rate in which case we will be paid directly by the lender. We also may be paid by the lender based on (i) the value of the Mortgage Loan or related servicing rights in the market place or (ii) other services, goods or facilities performed or provided by us to the lender. By signing below, the mortgage loan originator and mortgage loan applicant(s) acknowledge receipt of a copy of this signed Agreement. MORTGAGE LOAN ORIGINATOR APPLICANT(S) Quantum Merit Mortgage Company Name1603 E. Belt Line Road, Suite 101 Applicant Name(s) Xxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 City, State, Zip City, State, Zip 972-245-8980 / 000-000-0000 Phone/Fax Borrower Signature Date Broker or Authorized Agent Signature Date Co-Borrower Signature Date
OUR COMPENSATION. The lenders whose loan products we distribute generally provide their loan products to us at a wholesale rate. The retail price we offer you, your interest rate, total points and fees is based on the lender’s available programs in which you have expressed an interest and for which you qualify. We will provide a minimum of three loan options for your review and selection. Our compensation with each lender is based on a fixed percentage of the amount of credit advanced to you and will not vary based on the terms and conditions of your loan. Our compensation is paid in whole by either you or the lender. If our compensation is paid by you, the lender is prohibited from compensating us on the same transaction. If our compensation is paid by the lender, we are prohibited from receiving compensation from you or from any other source on the same transaction; we are also prohibited from reducing or increasing our compensation on such lender paid transactions. We may collect pass-through fees on behalf of third party service providers, including, but not limited to credit reporting agencies, appraisers and title companies. We do not “up charge” such fees and no portion is retained as compensation. MORTGAGE LOAN ORIGINATOR Company Name: Atlantic Residential Mortgage, LLC NMLS Number: 75687 Address: 00 Xxxxx Xxxxxxx Xxxxx Xxxx, Xxxxx, Xxx: Xxxxxxxx, XX 00000 Phone: 000-000-0000 Fax: 000-000-0000 Mortgage Loan Originator NMLS# Date BORROWER(s) Name(s): Address: City, State, Zip: By signing below, applicant(s) acknowledge receipt of a copy of this signed Agreement. Borrower: Date Co-Borrower: Date 00 Xxxxx Xxxxxxx Xxxxx ● Xxxxxxxx, Xxxxxxxxxxx 00000
