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Credit Authorization
BPO / Inspection
Pre-Closing Fees
Mortgage Payment
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FOR MORTGAGE PAYMENTS: You must contact our office to confirm the payment figure, as a credit card processing fee of 4% must be added to the amount due.
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Payment Authorization & Disclaimer
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Prospective Borrowers (i.e. Applicants) and current Borrowers hereby authorize EquityMax to collect required personal and financial information for services & payments including, but not limited to: Credit Authorization, BPO/Inspection, Pre-Closing Loan Processing, Other Pre-Closing (i.e. lien search) or Post-Closing Obligations, and Mortgage Payments. Borrower and/or Representative of Borrower (i.e. Commercial Broker) understand that the aforementioned fees are 100% NON-REFUNDABLE and said individuals waive any claims towards these monies remitted in perpetuity. Any such refund for non-mortgage payments (i.e. BPO) would be offered at the sole discretion of EquityMax, subject to an automatic processing fee of the greater of $100 or 25% of amount originally tendered, to be deducted from the agreed-upon refund. Borrower accepts that EquityMax retains full ownership and rights to the BPO. Any release of the report and/or information contained in the report will be at the sole discretion of EquityMax. It is understood that an executed copy of this (digital or hard) will serve as authorization of the signor and acceptance of the aforementioned information.
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