Services to Borrower Clause Samples
Services to Borrower. At all times during the term of this Agreement, with respect to each borrower whose application has been submitted by Broker to Plaza, Broker has observed and shall observe and fully discharge the duties owed to its clients under applicable law. All services were performed in accordance with accepted and customary standards in the mortgage lending industry generally, and Broker is not aware of any dispute or claim by any borrower that all such services were not fully and satisfactorily performed. Broker shall maintain regular contact with the borrower and such third parties as may be necessary between application and closing to apprise them of the status of the application, to gather any additional information as needed, and to ensure the timely submission of all materials necessary to meet any deadlines, including any lock-in periods or extensions thereof, applicable to the close and funding of the Loan.
Services to Borrower. If applicable law so requires, Mortgage Broker/Correspondent is acting as the authorized agent of the Borrower with respect to the submission of an Application Package and the negotiation of a Loan and has entered into a contract with the Borrower authorizing the Mortgage Broker/Correspondent to act in such agency capacity for the Borrower concerning the transactions contemplated by this Agreement. Mortgage Broker/Correspondent has observed and shall observe and fully discharge any applicable duties owed by Mortgage Broker/Correspondent to Borrower under law with respect to each Borrower and related Application Package that has been submitted by Mortgage Broker/Correspondent to Secure One Capital for funding consideration pursuant to this Agreement. Without limiting the foregoing, whenever Mortgage/Broker/ Correspondent owes obligations to give disclosures either based on requirements of such duty, law, or Secure One Capital, Mortgage Broker/Correspondent, including its officers, directors, employees, representatives and agents, represents and warrants it has provided to Borrower any and all requisite disclosures, including, but not limited to, those pertaining to Mortgage Broker/Correspondent's compensation and has obtained any and all requisite agreements and authorizations. All services performed by Mortgage Broker/Correspondent were performed to the full satisfaction of Borrower by Mortgage Broker/Correspondent and in accordance with the legal, prudent, accepted and customary standards in the mortgage lending industry generally. Mortgage Broker/Correspondent is not aware of any dispute or claim by any Borrower that all such services were not fully and satisfactorily performed. No Borrower has any claim or defense against Mortgage Broker/Correspondent, and its officers, directors, employees, representatives and agents, by reason of any act or omission of Mortgage Broker/Correspondent, and its officers, directors, employees, representatives and agents, arising out of or related in any manner to an Application Package, a Loan or a Loan transaction.
Services to Borrower. At all times during the term of this Agreement, with respect to each Borrower whose application has been submitted to Lender, ▇▇▇▇▇▇ has observed and shall observe and fully discharge the fiduciary duties owed by mortgage brokers to their clients under applicable Federal, state and local laws and regulations. In particular, and without limitation to the foregoing, whenever required by such fiduciary duty, Broker, its employees and/or agents has provided to Borrower any requisite disclosures, including, without limitation, Anti-Steering Safe Harbor and DRE Form 883. In addition to having assisted ▇▇▇▇▇▇▇▇ in the completion of his or her loan application, ▇▇▇▇▇▇ has fully and satisfactorily performed at least five of the services set forth on Exhibit "A." All services were performed to the full satisfaction of Borrower and in accordance with accepted and customary standards in the mortgage lending industry generally, and Broker is not aware of any dispute or claim by any borrower that all such services were not fully and satisfactorily performed.
Services to Borrower. At all times during the term of this Agreement, with respect to each Borrower whose application has been submitted to Lender, Non Delegated Correspondent has observed and shall observe and fully discharge the duties owed by mortgage Non Delegated Correspondents to their clients under applicable law. In addition to having assisted ▇▇▇▇▇▇▇▇ in the completion of his/her loan application, Non Delegated Correspondent has fully and satisfactorily performed at least five of the services set forth on Exhibit "A." All services were performed and in accordance with accepted and customary standards in the mortgage lending industry generally, and Non Delegated Correspondent is not aware of any dispute or claim by any borrower that all such services were not fully and satisfactorily performed.
Services to Borrower. At all times during the term of this Agreement, with respect to each Borrower whose application has been submitted to Lender, Broker has observed and shall observe and fully discharge the fiduciary duties owed by mortgage brokers to their clients under applicable law. In particular, and without limitation to the foregoing, whenever required by such fiduciary duty, Broker, its employees and/or agents has provided to Borrower any requisite disclosures, including, without limitation, DRE Form 883. In addition, Broker has submitted to Borrower for Borrower's consideration products from at least two different lenders (in addition to Lender) and the total compensation to Broker from each of these lenders (including Lender) (i) was substantially identical, and (ii) in no way influenced the Borrower's or Broker's decision to submit the application to Lender. In addition to having assisted Borrower in the completion of his or her loan application, Broker has fully and satisfactorily performed at least five of the services set forth on Exhibit "A." All services were performed to the full satisfaction of Borrower and in accordance with accepted and customary standards in the mortgage lending industry generally, and Broker is not aware of any dispute or claim by any borrower that all such services were not fully and satisfactorily performed.
Services to Borrower. At all times during the term of this Agreement, with respect to each Borrower whose application has been submitted to Lender, Broker has observed and shall observe and fully discharge the duties owed by mortgage brokers to their clients under applicable law. In addition to having assisted Borrower in the completion of his/her loan application, Broker has fully and satisfactorily performed at least five of the services set forth on Exhibit "A." All services were performed and in accordance with accepted and customary standards in the mortgage lending industry generally, and Broker is not aware of any dispute or claim by any borrower that all such services were not fully and satisfactorily performed.
Services to Borrower. With respect to each Borrower’s Application Package submitted by Mortgage Broker to Lender for funding consideration pursuant to this Agreement, Mortgage Broker shall fully discharge the fiduciary duties owed by Mortgage Broker to Borrower under any applicable law. In particular, and without limitation to the foregoing, whenever required by such fiduciary duty, Mortgage Broker, its employees and/ or agents will provide to Borrower any and all requisite disclosures and will obtain any and all requisite agreements or authorizations. All services performed by Mortgage Broker must be performed to the full satisfaction of Borrower and in accordance with the accepted and customary standards in the mortgage lending industry generally. If Mortgage Broker becomes aware of any dispute or claim by and Borrower that any of Mortgage Broker’s services were not performed to the satisfaction of the Borrower, Mortgage Broker agrees to immediately notify Lender of such dispute or claim.