For quick response, please call the loan officer who send you good faith estimate after you pay the deposit online.
Rate Lock/Application Fee Disclosure
This is to agree that the borrower/s accept the rate/term/ broker&lender closing cost shown on the GFE and Austin First Mortgage (AFM) agree to lock a rate with a wholesale lender. All loan applications are subject to underwriting approval. If the loan cannot be locked/approved with the rate/term/broker&lender closing cost shown on the accepted GFE, due to any reason not listed in next paragraph, AFM will refund the 100% application fee if borrower/s request. The application fee is pre-paid at time of rate lock. Third party closing costs on the GFE are estimates as shown on the GFE and they are not controlled by AFM and AFM does not guarantee the accuracy of those third party costs. If the loan cannot be locked/approved with the rate/term/broker&lender closing cost, AFM will give borrower/s a counter offer with a different rate/term/broker&lender closing cost. The borrower does not have to accept the counter offer. The borrower/s agrees to send all original signed application form (form 1003), good faith estimate, truth in lending and all disclosures, as well as all supporting documents in 3 days after receiving the loan package unless other arrangements are made with the loan officer.
The application fee is not refundable if the applicant (s) requests to cancel the loan, or any fraud/misrepresentation found in application and support documents after rate is locked. That includes borrower cancel an accepted counter offer. The fee is not refundable if any borrower's credit, income, asset changes that affects the borrower's qualification during the processing of the loan. The application fee is not refundable if the loan can not be approved due to appraisal value lower than expected, property title problem, property condition does not satisfy the lender requirements. The application fee is not refundable if the applicant (s) does not response for extra document request, such as extra bank statement the lender requiring, in a reasonable time that causes the loan application to be not approved by the lender.
Please call the loan officer/processor if you have any question.
If you read the above disclosure and agree the term, please click the button below to use PayPal service to pay the application fee with your credit card. You will get an email receipt.
Pay By Credit Card (VISA or Mater Card)Now You can pay the Application Fee by VISA or MasterCard. Please download the form here, fill and fax to us. You can confirm with your loan officer that your check is received.
Please contract your loan officer if you have any question.