Authorization to Obtain Credit Report
By signing below, I authorize the Lender and its agents, assigns, and service providers to obtain my consumer credit report and other credit information from one or more consumer reporting agencies for the purpose of evaluating my loan application. I understand that this authorization provides the Lender with a permissible purpose to obtain such information under the Fair Credit Reporting Act. If credit is granted, I further authorize the Lender to obtain additional consumer reports in connection with reviewing, renewing, servicing, or collecting my account.
Authorization to Verify Information
I authorize the Lender to verify any information provided in this application. This includes, but is not limited to, contacting my employers (past and present), banks, financial institutions, landlords, creditors, and personal references to confirm my employment, income, assets, liabilities, and other relevant financial information.
Authorization to Obtain Financial Records
I authorize any bank, financial institution, or other entity holding financial information about me to release such information to the Lender for the purpose of evaluating this loan application.
Employment and Income Verification
I authorize my current and former employers to release information regarding my employment history, job title, salary, and other compensation to the Lender or its authorized representatives.
Identity Verification and Fraud Prevention
I authorize the Lender to verify my identity using government databases, consumer reporting agencies, identity verification services, and other lawful methods as required to comply with applicable laws and to prevent fraud.
Authorization to Share Information
I understand that the Lender may share my application information with credit reporting agencies, underwriting partners, loan servicers, investors, and other third-party service providers as necessary to process, underwrite, fund, sell, or service the loan, as permitted by law.
Electronic Communications Consent
I consent to receive communications, notices, disclosures, and other documents relating to my loan application electronically, including via email or other electronic means, unless I withdraw this consent as permitted by law.
Certification of Accuracy
I certify that all information provided in this application is true, complete, and accurate to the best of my knowledge. I understand that knowingly providing false or misleading information may result in denial of my application and may subject me to civil or criminal penalties.
Equal Credit Opportunity Notice
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to contract), because all or part of the applicant’s income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
Credit Decision Notice
If my application for credit is denied, I understand that I have the right to request the specific reasons for the denial within sixty (60) days of receiving notice of the decision. The creditor will provide the reasons for denial within thirty (30) days after receiving my request.
Applicant Agreement and Signature
By signing below, I acknowledge that I have read and agree to the authorizations and disclosures contained in this application.