Common use of No Undisclosed Additional Fees Clause in Contracts

No Undisclosed Additional Fees. Mortgage Broker shall not accept any compensation from the Borrower that would duplicate payment for the performance of the Loan Services. Mortgage Broker shall fully disclose and explain all fees to Borrower in writing and Borrower has agreed, in writing, to all fees received or to be received by Mortgage Broker. The fees charged and received by Mortgage Broker are reasonably related to the reasonable value of the services rendered by Mortgage Broker in connection with the Loan Application Package and the Loan. Furthermore, Mortgage Broker has not agreed with any other person or entity for the payment of any referral fee, rebate, bonus, kickback or other payment, and no payment of such referral fee, rebate, bonus, kickback or other payment has been or will be made to any person, including, but not limited to, the Mortgage Broker.

Appears in 2 contracts

Samples: Broker Agreement, Broker Agreement

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No Undisclosed Additional Fees. Mortgage Broker shall not accept any compensation from the Borrower that would duplicate payment for the performance of the Loan Services. Mortgage Broker shall fully disclose and explain all fees to Borrower in writing and Borrower Xxxxxxxx has agreed, in writing, to all fees received or to be received by Mortgage Broker. The fees charged and received by Mortgage Broker are reasonably related to the reasonable value of the services rendered by Mortgage Broker in connection with the Loan Application Package and the Loan. Furthermore, Mortgage Broker has not agreed with any other person or entity for the payment of any referral fee, rebate, bonus, kickback or other payment, and no payment of such referral fee, rebate, bonus, kickback or other payment has been or will be made to any person, including, but not limited to, the Mortgage Broker.

Appears in 1 contract

Samples: Broker Agreement

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No Undisclosed Additional Fees. Mortgage Broker shall not accept any compensation from the Borrower Consumer that would duplicate payment for the performance of the Loan Services. Mortgage Broker shall fully disclose and explain all fees to Borrower Consumer in writing and Borrower Consumer has agreed, in writing, to all fees received or to be received by Mortgage Broker. The fees charged and received by Mortgage Broker are reasonably related to the reasonable value of the services rendered by Mortgage Broker in connection with the Loan Application Package and the Loan. Furthermore, Mortgage Broker has not agreed with any other person or entity for the payment of any referral fee, rebate, bonus, kickback or other payment, and no payment of such referral fee, rebate, bonus, kickback kickback, or other payment has been or will be made to any person, including, but not limited to, the Mortgage Broker.

Appears in 1 contract

Samples: Broker Agreement

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