Borrower Signature Authorization & Disclosures

Privacy notice, appraisal election, and acknowledgment & agreement

File Identifiers

Borrower Name

Entity Name

Account Manager Name

Property Address

Loan #

These identifiers are saved on this device and auto-fill across every MCF Real Estate Capital form.

Part 1 — General Information

Borrower Name

Entity Name

Social Security Number

Date

Privacy Act Notice

This information is to be used by the agency collecting it or its assignees in determining whether you qualify as a prospective mortgagor under its program. It will not be disclosed outside the agency except as required and permitted by law. You do not have to provide this information, but if you do not, your application for approval as a prospective mortgagor or borrower may be delayed or rejected. The information requested in this form is authorized by Title 38, USC, Chapter 37 (if VA); by 12 USC, Section 1701 et seq. (if HUD/FHA); by 42 USC, Section 1452b (if HUD/CPD); and Title 42 USC, 1471 et seq., or 7 USC, 1921 et seq. (if USDA/FHA).

I have read and acknowledge the Privacy Act Notice.

Part 5 — Appraisal / Valuation Notice

You will be provided a copy of any appraisal report or valuation concerning this property promptly upon completion of the appraisal, and in any event, no less than three (3) business days prior to the closing of the loan. You may be required to reimburse the cost of an appraisal on the property listed above.

Please select one:

I/We wish to receive a copy of the appraisal report or valuation no less than three (3) business days prior to the closing of my/our loan.

I/We wish to waive my/our rights to have a minimum of three (3) business days after receipt to review my/our appraisal report or valuation prior to closing.

I acknowledge receiving and reading this appraisal disclosure.

Part 7 — Acknowledgment and Agreement

Each of the undersigned specifically represents to broker, originator, lender or its affiliates (“Lender”) and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided in this application and disclosure is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information may result in civil liability and/or criminal penalties under Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested will be secured by a mortgage or deed of trust on the property described; (3) the property will not be used for any illegal or prohibited purpose; (4) all statements are made for the purpose of obtaining a commercial mortgage loan; (5) the property will be occupied as indicated; (6) the Lender may retain the original and/or an electronic record of this application; (7) the Lender may continuously rely on the information contained in the application, and I am obligated to amend/supplement the information if any material facts change prior to closing; (8) in the event of delinquency, the Lender may report to consumer reporting agencies; (9) ownership of the Loan and/or administration may be transferred; (10) neither Lender nor its agents has made any representation or warranty regarding the property or its condition or value; and (11) my transmission of this application as an electronic record containing my electronic signature shall be as effective and enforceable as a paper version with original written signature.

I have read, understood, and agree to the Acknowledgment and Agreement above. By submitting this form electronically, my electronic signature is as effective and enforceable as a written signature.

E-Signature

Typed full legal name *

Your typed full legal name is your legally binding e-signature.

Draw your signature *

Use your mouse, trackpad, or finger to sign.

Date

I consent to sign electronically under the E-SIGN Act (15 U.S.C. § 7001) and applicable state e-signature laws. My typed name and drawn signature above are a legally binding signature.

Generate the PDF and submit to MCF Real Estate Capital. A wet-ink signature may be requested at closing.