Mortgage Broker Engagement Agreement (California)
California mortgage brokers, sign up clients with this ready-made Mortgage Broker Engagement Agreement.
This California Mortgage Broker Engagement Agreement is provided in MS Word format, and is fully editable to meet your specific circumstances.
- The borrower retains the broker as its exclusive agent for obtaining mortgage loan approval from a lender.
- The broker will obtain a credit report and property appraisal and will prepare the loan application.
- The agreement sets out how the broker is to be compensated, based on the rate / fee combination chosen by the borrower.
- The broker agrees that no hidden compensation will be received from the lender or any other source.
- The borrower agrees to cooperate and provide the broker with truthful and complete information required for the purpose of the loan application.
- The broker stipulates that there is no guarantee or promise that the borrower will obtain a mortgage loan as a result of the broker's efforts.
- The parties agree to binding arbitration in the event of a dispute.
This California Mortgage Broker Engagement Agreement is provided in MS Word format, and is fully editable to meet your specific circumstances.
File Details
| Price: | $15.00(CAD) |
| Document ID: | 7821 |
| Date Added: | 2007-10-11 |
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