Upfront Credit Report Fee Collection for Credit Approval.

As you begin your home loan process, I wanted to give you a quick heads-up about TWO STANDARD FEES you'll see early on. These are required to move your application forward and are paid directly to third-party service providers—not to me or my company. -------------------------------------------------------------------------------------------------------------- 🔹 Credit Report Fee To get pre-approved or officially start the loan process, we’ll need to pull your credit. -> Individual report: $75 -> Joint report (two borrowers): $150 NOTE: This is paid to a licensed credit reporting agency and is required for all applicants. You can access the portal to make your payment by clicking the square logo next to the title of this section ($) logo. -------------------------------------------------------------------------------------------------------------- 🔹 Appraisal Fee Once you’re under contract (or moving forward on a refinance), we’ll order an appraisal to confirm the property’s value. Typical range: $550–$750 This is paid to an independent appraiser and is required by the lender for collateral underwriting. --------------------------------------------------------------------------------------------------------------- đź’ˇ Important: Both of these fees are listed on your Loan Estimate and will be reflected again on your final Closing Disclosure (CD). Any upfront payments you make will be credited back at closing and reduce your total cash required to close. If you have any questions, please contact your mortgage loan originator/broker (ME - Amit Gandhi) D: (972) 213-5368 (text-friendly). E: [email protected]

Should you "Out-Out"?

In certain circumstances, you can tell a company not to share the unique information it has on file for you. You do this by choosing to “opt out.” Here are a few “opt outs” recommended by the World Privacy Forum. The World Privacy Forum’s “Top Ten Opt Outs” are found at http://worldprivacyforum.org/2013/08/consumer-tips-top-ten-opt-outs. ------------------------------------------------------- Want to Reduce Calls from Telemarketers? The National Do Not Call Registry www.donotcall.gov 1-888-382-1222 The National Do Not Call Registry gives you a choice about whether to receive telemarketing calls at home or on your cell phone. Once your number has been on the registry for 31 days, telemarketers should not call, and you can file a complaint if they do. Registration of the number does not expire. Want to Reduce Pre-approved Credit and Insurance Offers? ------------------------------------------------------ OptOutPrescreen.com www.optoutprescreen.com 1-888-567-8688 Reduce pre-approved credit card offers and insurance solicitations delivered by postal mail by visiting this official site of the Consumer Credit Reporting Industry, which allows you to opt in or opt out of firm offers of credit or insurance. ------------------------------------------------------- Want to Reduce Email Advertisements (CAN-SPAM)? The federal CAN-SPAM Act requires commercial organizations to provide recipients of email advertisements with a way to opt out of receiving emails in the future. To opt out, the World Privacy Forum offers this direction: Check to make sure the email is CAN-SPAM-compliant, as some emails offer false opt outs. Here are three ways you can tell the difference. A CAN-SPAM-compliant email will be labeled as an advertisement. It will include a valid postal address for the sender. It will include a workable opt-out link of some type. Then use the link provided or send the request by postal mail. You will likely be asked to provide your email address but shouldn’t be asked for sensitive personal information. ------------------------------------------------------- Want to Reduce Marketing Mail and Catalogs? The Direct Marketing Association’s opt-out services can be accessed by visiting www.dmachoice.org. This website enables you to manage the mail you receive from members of the Direct Marketing Association, whether it’s delivered by postal mail or email.