AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT

From:
  • Atlantic & Pacific Real Estate (CA), Inc.
  • Atlantic & Pacific Real Estate (CT), LLC
  • Atlantic & Pacific Real Estate (US), LLC
  • Atlantic & Pacific Real Estate (US), Inc.
  • Carrington Mortgage Services, LLC
  Collectively referred to herein as "Carrington"

Thank you for choosing Carrington to assist you in the purchase, sale, and/or financing of your home or other property. This is to give you notice that each of the Carrington companies above has a business relationship with each of the real estate settlement service providers listed below. All Carrington companies are affiliates of, or otherwise related to, the same corporate parent company, Carrington Holding Company, LLC ("CHC"). Because of this relationship, the referral of business to any of the following affiliated entities may provide them with a financial or other benefit.

Set forth below are the estimated charges or range of charges for the following settlement services listed. You are NOT required to use the listed service provider(s) as a condition for settlement of your loan on, or 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 RATES FOR THESE SERVICES.

Entity Description/HUD-1 Line Designation Estimate or Range of Charges Generally Made by Service Provider*
  • Carrington Mortgage Services, LLC, Mortgage Lending Division provides mortgage lending/brokering services. Call (888) 267-8889 for more information.
Loan Origination or Mortgage Broker Fee (as applicable) (801)
Loan Discount fee/points (802)**
Processing Fee (801)
Underwriting Fee (if applicable) (801)
Funding Fee (if applicable) (801)
 0 – 4% of loan amount
0 – 3% of loan amount
$495 – $595
$525 – $895
$250
  • Atlantic & Pacific Real Estate (CA), Inc.; Atlantic & Pacific Real Estate (CT), LLC; Atlantic & Pacific Real Estate (US), LLC; and Atlantic & Pacific Real Estate (US), Inc. (collectively “APRE”) provide real estate brokerage services. Call (949) 517-6800 for more information.
Real Estate Broker Fee (701-703) 0 – 6% of purchase price

* Actual charges may vary according to the particular circumstances underlying the transaction. Rates may not be the lowest available and are subject to change. For a free, no obligation quote, please contact the company directly.

** The loan discount fee/points are affected by the note rate. Depending upon market conditions, the loan discount fee/points may be higher to adjust for below-market rates.

ACKNOWLEDGEMENT OF RECEIPT OF AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE

By clicking "I Accept" I acknowledge that I have received and read this disclosure form and understand that the applicable Carrington company is referring me to purchase the above-described settlement service(s) and may receive a financial or other benefit as a result of this referral.