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All materials contained on this site
are protected by United States copyright law and may not be reproduced, distributed,
transmitted, displayed, published or broadcast without the prior written permission of
425.com All information furnished herein is from sources deemed reliable. No
representation is made or is to be implied as to the accuracy thereof and all information
submitted is subject to errors, omissions, rate change, acceptance conditions, or
withdrawal without notice. ARM APRs may increase after consummation. Not all features
available for all products. Advertised rates are prevailing and are subject to change
without notice. 425.com cannot guarantee acceptance into any loan program, specific
loan terms or conditions.
PRIVACY DISCLOSURE
Federal Disclosures
As a broker and a lender, Mortgage Online at 425.com is required to make certain disclosures to
you when you have made application with them. These disclosures, which are required by the
Truth in Lending Act (TILA) and, for loans secured by real property, the Real Estate
Settlement Procedures Act (RESPA) include good faith estimates of your cost of credit;
good faith estimates of your settlement costs; HUD mandated booklets "Guide to
Settlement Costs" and "When your Home is on the Line"; notices concerning
the possibility that your mortgage loan servicing may be transferred; and your right to a
copy of any appraisal, if any, performed on your home.
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against
credit applicants on the basis of race, color, religion, national origin, sex, marital
status, age (provided the applicant has the capacity to enter into a binding contract),
because all or part of the applicant’s income derives from any public assistance
program, or because the applicant has in good faith exercised any right under the Consumer
Credit Protection Act. The federal agency that administers compliance with this law is the
Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.
Potential Additional State Disclosures: Call for updated state
licensing information. Subject to change.
California: You will receive from lenders a good faith estimate required under
RESPA and an initial disclosure statement required under the TILA, each within three
business days from the date you submit an application to them.
If the action indicated in this notice was based, in whole or in part, on any information
contained in a consumer credit report, you have the right to obtain, within sixty days, a
free copy of your consumer credit report from the credit reporting agency which compiles
and maintains files on consumers on a nationwide basis. You also have the right to dispute
the accuracy or completeness of any information in a consumer credit report furnished by
the consumer credit reporting agency by contacting that agency directly.
Connecticut: The Connecticut Home Mortgage Disclosure Act prohibits discrimination
against home purchase loan, home improvement loan or other mortgage loan applicants solely
on the basis of the location of the property to be used as security. The agency which
enforces compliance with this law is the:
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Department of Banking
260 Constitution Plaza
Hartford, Connecticut 06103 |
If you believe you have been unfairly discriminated against, you may file a written
complaint with the Commissioner of Banking at the above address. (Conn. Gen. Statutes,
Chapter 669, Part IX).
District of Columbia: You may be issued a Financing Agreement by lenders in
accordance with D.C. Code Ann. § 26-1013. If presented, this agreement will highlight (1)
the term and principal amount of your loan; (2) an explanation of the type of mortgage
loan being offered; (3) the interest rate and, if the rate is subject to change, or is a
variable rate, or is subject to final determination at a future date based on some
objective standard, a specific statement of those facts; (4) the points and fees, if any,
to be paid by you; and (5) the financing agreement term.
Florida: If your qualification form is forwarded to our participating
lenders, you will receive from lenders, a good faith estimate of various third party fees
required in connection with your loan. The documentation you receive will include
information on the refundability of any fees paid.
Georgia: You will receive from lenders a good faith estimate of the
settlement costs in connection with your loan in accordance with Georgia and federal law.
The amount of the fees will be determined by the lender. This documentation will include
information on the refundability of any fees paid.
Illinois: A Borrower Information Document will be provided to you by the lender you
select pursuant to the Residential Mortgage License Act of 1987 and Rules promulgated
thereunder (38 Ill. Adm. Code 1050). The purpose of this document is to set forth those
exhibits and materials you should receive or be receiving in connection with your
residential mortgage loan application with the lender . You will also receive from the
lender you select a list of documents and materials required to complete your loan
application.
Louisiana: The state of Louisiana has not reviewed and does not approve, or
disapprove any loan brokerage contract. The information contained in this disclosure has
not been verified by the state. If you have any questions, see an attorney before you sign
a loan contract.
Maine: By clicking the "submit" button, you authorize lender to request
your consumer credit report. At your written request, you will be informed whether or not
a consumer report was requested, and if a report was requested, you will be informed of
the name and address of the consumer reporting agency that furnished the report.
Maryland: You may be issued a Financing Agreement by lenders in accordance with
Maryland Commercial Law Code §§ 12-125, 1013 which will include: (1)the term and
principal amount of your loan; (2) an explanation of the type of mortgage loan being
offered; (3) the interest rate and, if the rate is subject to change, or is a variable
rate, or is subject to final determination at a future date based on some objective
standard, a specific statement of those facts; (4) the points and fees, if any, to be paid
by you; and (5) the term in which the Financing Agreement remains in effect.
Massachusetts: Be advised that under Massachusetts General Law ch. 184, § 17B: (1)
the responsibility of the attorney for a lender is to protect the lender’s interests,
(2) you have the right to engage your own attorney to represent your interest in the
transaction, at your expense (3) the approximate expiration date of the Note (see your
Loan Information Page for the term of your loan), and (4) please be aware that as of the
expiration date of the Note, the lender may demand payment of the Note, may rewrite the
Note by agreement at a greater or lesser rate of interest, or may, by agreement, allow
payments to be made on the Note at the same, or a lesser or greater rate of interest.
The federal Equal Opportunity Act and comparable provisions of Massachusetts law prohibit
creditors from discriminating against credit applicants on the basis of race, color,
religion, creed, national origin, sex, sexual orientation, ancestry, handicap, marital
status, age (provided that the applicant has the capacity to enter into a binding
contract), or because all or part of the applicant’s income derives from any public
assistance program. The federal Equal Credit Opportunity Act also prohibits creditors from
discriminating against credit applicants because the applicant has in good faith exercised
any right under the Consumer Credit Protection Act. The state agency that administers
compliance with the state law is the:
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Massachusetts Commission Against
Discrimination
One Ashburton Place
Boston, Massachusetts 02108 |
North Carolina: We can't guarantee acceptance into any particular loan
program or specific loan terms or conditions. You may be required by the lender to pay an
application fee to cover the costs of an appraisal, credit report or other items. The
amount of the fee will be determined by the lender. The documentation you receive will
include information on the refundability of any fees paid.
Ohio: The Ohio laws against discrimination requires that all creditors make credit
equally available to all creditworthy customers, and that credit reporting agencies
maintain separate credit histories on each individual upon request. The Ohio Civil Rights
Commission administers compliance with this law.
The Ohio laws against discrimination require that all creditors make credit equally
available to all credit worthy customers, and that credit reporting agencies maintain
separate credit histories on each individual upon request. The Ohio Civil Rights
Commission administers compliance with this law.
Pennsylvania: You may be required by the lender you select to pay an application
fee to cover the costs of an appraisal, credit report or other items. The amount of the
fee will be determined by the lender. The documentation you receive will include
information on the refundability of any fees paid.
Rhode Island: By clicking the "submit" button, you authorize lender to
request your consumer credit report. At your written request, you will be informed whether
or not a consumer report was requested, and if a report was requested, you will be
informed of the name and address of the consumer reporting agency that furnished the
report.
Utah: Utah law requires that we advise you that the lender you select may transfer
servicing rights to your loan to another lender. The lender that makes your loan will
provide you a separate written disclosure statement regarding the servicing of your loan
and the likelihood that the servicing will be transferred to another lender.
Vermont: Mortgage Online at 425.com is acting as a mortgage
broker/banker and will provide the following services in connection with your loan:
transmitting your completed forms. You should rely on your own judgment in deciding which
loan product best suits your needs and financial means.
By clicking the "submit" button, you authorize lender to request your consumer
credit report. At your written request, you will be informed whether or not a consumer
report was requested, and if a report was requested, you will be informed of the name and
address of the consumer reporting agency that furnished the report.
Washington: You will receive from lenders a good faith estimate of settlement
costs under RESPA and an initial disclosure statement required under the TILA.
The interest rate quoted in connection with the loan you select is subject to change
without notice unless and until an interest rate lock-in agreement has been made between
you and the lender. If you enter a lock-in agreement with the lender and are
required to pay a lock-in fee, the terms and conditions under which the lock-in fee may be
refunded, if any, will be set by the lender.
All fees will be collected by and payable to the lender. The fees paid by you for
third-party provider services (such as an appraisal or credit report), may be held in a
trust account and any moneys remaining after the payment to third-party providers will be
refunded to you.
If you are unable to obtain a loan for any reason, the lender will, within five (5) days
of a written request by you, give copies to you of any appraisal, title report, or credit
report paid for by you, and transmit the original appraisal, title report, or credit
report to any other mortgage broker or lender to whom you direct. Transmission of these
reports includes the right to use these reports. You are also entitled to receive a copy
of any appraisal paid for by you, pursuant to the federal Equal Credit Opportunity Act.
Washington state law against discrimination prohibits discrimination in credit
transactions because of race, creed, color, national origin, sex or marital status. The
Washington State Human Rights Commission administers compliance with this law.
Minnesota: The information in this
website may not be considered by any person to be an offer to enter an interest rate
lock-in agreement under Minnesota law. |
