Disclaimers
This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loan may be subject to payment of points and fees by the applicant. Estates & Rates inc. is an Equal Opportunity Lender and an Equal Housing Lender. NMLS#2253601
WEBSITE DISCLAIMER
No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in payments may reflect a longer loan term. Terms of any loan may be subject to payment of points and fees by the applicant.
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s Web site (www.consumerfinance.gov/hmda). HMDA data for many other financial institutions are also available at this Web site.
LICENSES
Licensed by the Department of Business Oversight under California Residential Mortgage Lending Act. CA NMLS#2253601 NMLS#1533396
GRANT DISCLAIMER
Grants are offered and provided by/through third-party entities, and are dependent upon those entities’ set of regulations, restrictions, and qualifications to govern the distribution of those funds. E.g.- income compared to area median income; number living in household; first-time home buyer. Some grants require repayment and/or conditions which may trigger repayment. E.g.- primary residence, tenure in home. Your loan officer can assist you in obtaining current grant status and restrictions. Estates & Rates is not responsible for non-qualification by an applicant, nor funds availability, from the providing grant entity. This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Terms of the loan may be subject to payment of points and fees by the applicant.
COMARKETING DISCLAIMER
Estates & Rates inc., and its Loan Officers, adhere to RESPA regulations. They are required to ensure equitable co-investment in marketing efforts when jointly advertising with a real estate professional. Estates & Rates inc. is an Equal Housing Lender. NMLS #2253601.
Estates & Rates inc., and its Loan Officers, adhere to RESPA regulations. They are prohibited from paying referral fees to non-employees or real estate professionals for a referral of business.
Estates & Rates inc. does not require documents in addition to the loan application in order to provide applicants with a Loan Estimate.
FINANCIAL PLANNING DISCLAIMER
Estates & Rates inc., and its loan officers, unless individually licensed and specifically denoted in their credentials, are NOT qualified to, and are prohibited from representing themselves as accountants, attorneys, certified financial planners, estate planners, investment specialists or tax experts, and will not advise you in those matters. Always seek the advice of a licensed professional.
REVERSE MORTGAGE DISCLAIMER
Borrowers must be age 62 or over and the home must be their primary residence. Homeowners must complete counseling with a government-certified counselor before applying. Homeowners must pay property taxes, insurance, and homeowner’s association dues. Consult a tax professional for tax consequences. A reverse mortgage is a loan and must be repaid. Loan amount based on equity in your home. Payout available in lump sum or in regular scheduled payments. Proceeds will not affect Social Security or Medicare Benefits. There’s no need to repay the loan as long as you continue to live in the house and maintain the property to FHA standards. This is not a commitment to make a loan. Loans are subject to borrower and property qualifications. Interest rates and program guidelines are subject to change without notice.
RENT VS. BUY DISCLAIMER
Typical rental and homeownership scenarios listed. May not apply to every situation. Refer to community CC&Rs, HOA and CPA for exceptions.
PRE-APPROVAL DISCLAIMER
Mortgage loan pre-approvals are subject to several conditions remaining unchanged through the closing and funding of your loan. Be advised that your credit report may be pulled again at closing to ensure no changes have occurred. Some items that can affect your pre-approval: any changes in real estate purchase contract terms: sales price; closing date; deadlines; Adequate valuation from appraisal; conditions or exceptions to appraisal; changes in your financial situation; Increased debt ratios; changes in credit scoring and reported items; New debt or inquiries on your credit; buying/selling of assets; Any collection/lien notifications; Job changes or pay rate changes of any kind; Co-signing on a debt for anyone; Making any large deposits or money transfers; Unseasoned funds for down payment and closing costs. This list in not all-inclusive. Please contact your loan professional prior to taking actions that could change your financial situation.
EN ESPANOL
Descargo de responsabilidad:
Este no es un compromiso para hacer un préstamo. Los préstamos están sujetos a las calificaciones del solicitante, incluyendo ingresos, la evaluación de la propiedad, el valor líquido suficiente en la casa para cumplir con los requisitos de LTV y la aprobación final de crédito. Aprobaciones están sujetas a las directrices de suscripción, tipos de interés y las reglas del programa, y están sujetas a cambios sin previo aviso basado en la elegibilidad del solicitante y las condiciones del mercado. Los términos del préstamo pueden estar sujetos al pago de puntos y cargos por el solicitante.
Las subvenciones son otorgadas y ofrecidas por terceros, y dependen de las normas, restricciones y calificaciones de las terceras partes para regir la distribución de tales fondos. Por ejemplo, ingresos comparados con el ingreso promedio; cantidad de personas que viven en un mismo lugar, persona que compra su primera vivienda. Algunas subvenciones requieren una compensación y/o algunas condiciones que pueden conllevar una compensación. Por ejemplo en caso de una residencia primaria, tiempo de permanencia en el hogar. Su agente de préstamos puede asistirlo para obtener el estado actual de su subvención y las restricciones que se aplican. Estates & Rates inc. no se responsabiliza por la no calificación del solicitante, ni por la disponibilidad de los fondos de la entidad que proporciona la subvención. Este no es un compromiso de préstamo. Los préstamos están sujetos a las calificaciones del solicitante, que incluyen su ingreso, la evaluación de la propiedad, patrimonio suficiente en la propiedad para cumplir con los requisitos de LTV y la aprobación final del crédito. Las aprobaciones están sujetas a las normas de suscripción de seguros, tasas de interés, normas del programa y están sujetas a cambio sin aviso según la elegibilidad del solicitante y de las condiciones del mercado. Los términos del préstamo pueden estar sujetos a los pagos de puntos y aranceles del solicitante.