The client wishes to obtain a mortgage on the following terms: During the term of the agreement, CLIENT agrees that he will keep the insured property for a minimum amount of $100; Keeping the premises in good condition Immediately notify BROKER of any changes to rental roles (when premises are leased); ensure that any appropriate cooperation requested by Broker. This evaluation list is provided to inform you of this document and to help you in your preparation. This is a standard brokerage agreement that applies to a mortgage broker. BROKER acts as the exclusive broker for the client when obtaining the mortgage described above for a month from the date of execution of this contract. Broker will provide client with appropriate and regular status reports on all relevant developments during the duration of the agreement. CLIENT agrees to provide, at the broker`s request: financial statements or information about the CLIENT and all proposed co-signers; Credit processing fees charged by companies wishing to grant credit to the customer that do not exceed the client`s prior authorization, up to $40,000.-/$100). After receiving a loan that meets the defined specifications, BROKER is entitled to a commission equal to the principal of the loan. You are here: Home page “Finance” Banking – Collections ” Mortgage brokerage contract date: _____Broker COURTIER and client are not allowed to make each other available to each other and to take all reasonable steps not to disclose each other`s information. 1.
Make several copies. Give one to each signatory. Keep one with the transaction file. Minimum amount of loan: $____________(___________&___/100 dollars) Maximum amount of loan: $____________(___________&___/100 dollars) Maximum interest rate as an APR under regulation Z: _____% Repayment terms: ___________________________________________ Personal guarantees: _______________________________________ Other terms: _______________________________________________ Loan to be secured by the following described real property: ______________________________________________________________ ___________________, referred to as BROKER, and the estate of ___________________, referred to as CLIENT, agree:.