Common Contracts

1 similar Lender-Paid Broker Compensation Election Agreement contracts

LENDER-PAID BROKER COMPENSATION ELECTION AGREEMENT
Lender-Paid Broker Compensation Election Agreement • May 28th, 2021

I, the authorized signer for and on behalf of (“Broker”), hereby elect the following percentage of loan amount for determining Broker’s Lender-Paid Compensation amount in compliance with the Board of Governors of the Federal Reserve System’s Regulation Z to the Truth in Lending Act, for all wholesale funded loans where borrower(s) have chosen to have PACIFIC CITY BANK (“Lender”) pay the Broker’s compensation:

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