AFFILIATED BUSINESS ARRANGEMENT
DISCLOSURE STATEMENT
NOTICE FROM PMZ HOME LOANS
This is to give you notice that PMZ Home Loans has
business relationships with Valley NHD, PMZ Insurance Services and PMZ Real
Estate.
PMZ Home Loans 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 PMZ Home Loans 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
|
|
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 |
$79.95-$109.95 |
|
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. |
|
PMZ HOME LOANS: Provide a full range of residential mortgage loan
products and services. |
Credit Report Independent Appraiser ¹ Processing Fee³ Loan Origination Fee Loan Discount Points² |
$18-$55 $250-$600 $450-$650 0-5% of loan amount 0-5% of loan amount |
|
1. 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. 2. 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. 3. There are other charges in connection with
mortgage loans. If you apply for a loan,
you will receive additional information regarding anticipated charges. |
||