|
Affiliated Business Arrangement Disclosure Statement
This is to give you notice that Lenox Financial Mortgage Corporation (also conducting business as WesLend Financial or WesLend Financial Corp. in certain states) has a business relationship with Park Plaza Capital Escrow “PPCE”, and Solution Funding “SF”. The nature of the relationship (and percentage of ownership interest is PPCE, 100% owned by Lenox Financial Mortgage Corporation, SF, 25% interest with Lenox Financial Mortgage Corporation.Because of this relationship, this referral may provide Lenox Financial Mortgage Corporation a financial or other benefit.
A. Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for [ ] settlement of your loan on [or] [X] purchase, sale, or refinance of 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 and Settlement Service
|
Charge or Range of Charges |
| Escrow - (PPCE) - Refinances and 2nds |
$195.00 to $495.00 |
| Escrow - (PPCE) - Purchases up to 3 Million Sales? Price |
$500.00 to $3000.00 |
ACKNOWLEDGEMENT
I/We have read this disclosure and understand that Lenox Financial Mortgage Corporation (also conducting business as WesLend Financial or WesLend Financial Corp. in certain states) is referring me/us to purchase the above described settlement service(s) and may receive a financial or other benefit as the result of this referral.
|
