Affiliated Business Arrangement
NOTICE FROM SCENIC OAKS FUNDING
This is to give you notice that Scenic Oaks Funding has business relationships with Valley NHD, PMZ Insurance Services and PMZ Real Estate.
Scenic Oaks Funding is owned by individuals who also share an ownership interest in Valley NHD, PMZ Insurance Services and PMZ Real Estate. Because of these relationships a referral may provide Scenic Oaks Funding a financial or other benefit.
Set forth below is the estimated charge by the provider for the settlement services listed. You are NOT required to use the listed providers as a condition for purchase, sale, refinance, or loan on the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
| PROVIDER OF SETTLEMENT SERVICE | LOCATION ON CLOSING STATEMENT AND/OR DESCRIPTION | ESTIMATE OF RANGE OF CHARGES GENERALLY MADE BY PROVIDER |
|---|---|---|
| VALLEY NHD: Researches and provides you with Parcel- specific reports accurately disclosing information to the Buyer as per the requirements of Federal, State and Local laws. |
Additional Settlement charges | $88.95-$119.95 |
| PMZ INSURANCE SERVICES: Various Types of Insurance |
Homeowner's Insurance | $2.80-$4.00 per $1000 insured value; charges may vary based on type of coverage requested and location of property. |
| SCENIC OAKS FUNDING: Provide a full range of residential mortgage loan products and services. |
Credit Report Independent Appraiser1 Processing Fee3 Loan Origination Fee Loan Discount Points2 |
$18-$55 $250-$600 $450-$750 0-5% of loan amount 0-5% of loan amount |
- Actual charges may vary according to the particular circumstances underlying the transaction, including the home value, coverage and limits, other requested terms and services, unusual market conditions, government regulations, property location and features, and other similar factors. Rates may not be the lowest available and are subject to change. For a free, no obligation quote, please contact the company directly. Where required by state law, current rates for insurance are filed with the applicable state agency, and depending upon the circumstances, may vary from the rates shown above.
- The loan discount points are affected by the note rate. Depending upon market conditions, the loan discount points may be higher to adjust for below-market rates.
- There are other charges in connection with mortgage loans. If you apply for a loan, you will receive additional information regarding anticipated charges.