This is to give you notice of a business relationship between Broker Broker Realty LLC (“Broker Broker Realty”) and Broker Broker Mortgage LLC (“Broker Broker Mortgage”). Broker Broker Realty is a real estate brokerage and Broker Broker Mortgage is a mortgage brokerage. Broker Broker Realty and/or its agents may refer clients who need mortgage services to Broker Broker Mortgage.
Nature of Relationship: Dalton Summers owns 100% of both Broker Broker Realty LLC and Broker Broker Mortgage LLC. Because of this ownership relationship, Dalton Summers may benefit financially from real estate commissions earned by Broker Broker Realty as well as compensation earned by Broker Broker Mortgage on loans referred to Broker Broker Mortgage. Accordingly, referrals between these companies may provide a financial or other benefit to Broker Broker Realty, Broker Broker Mortgage, and Dalton Summers.
Choice of Providers: You are NOT required to use and/or purchase any service or product from or through Broker Broker Mortgage LLC as a condition of the purchase, sale, or refinance of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
Cost of Services: Set forth below are the estimated charges or ranges of charges for the settlement services provided by Broker Broker Mortgage LLC. Actual charges may vary based on the loan transaction and the services provided.
Broker Broker Mortgage LLC — Mortgage Lending
Loan Origination Fee(s): $0 to $2,000, or 0% to 2% of the loan amount
Loan Discount Points: 0% to 3% of the loan amount
Credit Report: $25 to $200
Appraisal: $450 to $2,000
Third-Party Processing Fee: $0 to $1250
You are not required to use Broker Broker Mortgage LLC for your mortgage financing. You may shop and compare mortgage lenders and mortgage brokers to determine that you are receiving the services and rates that best meet your needs.