Assumptions, Disclosures & Disclaimers
ASSUMPTION: The stated APR and interest rate are estimated for our highly qualified clients, based on a loan amount of $400k for the stated fixed rate term, for those single family, owner-occupied properties, where there is no subordinated liens. APR and rate are only available on rate and term refinances and purchases. The loan must include impounds for taxes and insurances. Consumers will qualify with a maximum 60% loan to value, 43% debt-to-income or less, and a 780 minimum credit score. The actual APR and interest rate may be higher based on your specific situation and not all applicants will qualify for this rate and APR. The APR and Interest Rates are subject to change at any time, with or without notice, and are deemed reliable, but not guaranteed. The Interest Rates and APR stated were available at the time this creative went to print. All loan terms are subject to receipt of a complete application, verification of income, employment, credit review, debt analysis, equity position or home value verification, credit score restrictions and underwriting approval. Loan interest rates and points may vary based on credit history. On a purchase, down payment of 20%, based on the lower of appraised value or purchase price, may be required
DISCLOSURE: The stated APR is based on the term stated with a loan amount of $400k. The stated APR is calculated using no more than .50 in discount points, any required APR affecting third-party fees and per diem interest.
EXCEPTIONS: The stated interest rates, APR and other terms may not be available to Washington State residents, please call Network Capital Funding Corporation at 1.800.300.0018 for additional information.
LICENSING: NMLS ID #11712 (www.nmlsconsumeraccess.org); Located at 5 Park Plaza #800, Irvine, CA 92614; Equal Housing Lender, Stated rates subject to change and may not be available at commitment or lock in. Discount Points may apply, Subject to Credit Approval. Not licensed in all states, Licensed by the CA Department of Business Oversight under the California Finance Lender Law #603D787; Delaware – Licensed by the Delaware State Bank Commissioner under Chapter 22, Lender license number 010234, expires 12/31/2016; Illinois Residential Mortgage Licensee MB.6760309; New York Licensed Mortgage Banker – NYS Department of Financial Services #B500910, please go to https://www.networkcapital.net/mortgage-licenses to learn more about the states we are licensed in.
*$0 Lender Fee refers to Lender's Origination, Administration, Funding, Processing or Underwriting fees. Discount Points may apply depending on the rate chosen. All other costs, including, but not limited to Settlement Fees, Title fees, appraisal fees, per diem Interest, surveys, pest inspections, and Insurance premiums still apply.
**10 business days refers to the time between the consumer’s intent to proceed and signing loan documents. This is our Super Express program and participating in the program requires the consumer’s notification at intent to continue. The consumer must be willing and able to submit any and all required documentation in a timely manner, and does not renegotiate terms or pricing after their intent to proceed is given.