LICENSES

Alaska Mortgage Broker/Lender License #AK1926444 | Arizona Mortgage Broker License #1049005 | Arkansas Mortgage Broker License #1926444 | California – DFPI Financing Law License #60DBO-175010 | Colorado Mortgage Company Registration | Florida Mortgage Broker License #MBR6764 | Hawaii Mortgage Loan Originator Company License #HI-1926444 | Idaho Mortgage Broker/Lender License #MBL-2081926444 | Indiana-SOS Loan Broker License #1926444 | Maryland Mortgage Lender License #1926444 | Montana Mortgage Broker License #1926444 | New Mexico Mortgage Loan Company License | North Carolina Mortgage Broker License #B-22725 | Oregon Mortgage Lending License #1926444 | South Dakota Mortgage Brokers License #1926444.MB | Texas SML Mortgage Company License | Utah-DRE Mortgage Entity License #11657341 | Washington Mortgage Broker License # MB-1926444 | Wyoming Mortgage Broker License #5054

DISCLAIMERS

EQUAL HOUSING LENDER DISCLAIMER

Fulcrum Home Loans is an Equal Housing Mortgage Broker. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other Federal regulations. As prohibited by law, Fulcrum Home Loans does not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, military status, marital status, age (provided you are legally able to enter into a binding contract), due to the use of public assistance, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580. All information requested is voluntary and will be kept confidential. For more information on the ECOA, please visit: https://www.ftc.gov/legal-library/browse/statutes/equal-credit-opportunity-act

LOAN COMMITMENT DISCLAIMER

This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loan may be subject to payment of points and fees by the applicant. Fulcrum Home Loans is an Equal Opportunity Lender and an Equal Housing Lender.

HOME MORTGAGE DISCLOSURE ACT DISCLAIMER

The Home Mortgage Disclosure Act (HMDA) data for most residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. This data is available online at the Consumer Financial Protection Bureau’s website ( www.consumerfinance.gov/hmda). 

BROKERED OUT PRODUCTS DISCLAIMER

Fulcrum Home Loans acts as a third-party originator and submits loan packages/applications directly to third party lenders for approval.

CREDIT REPAIR DISCLAIMER

Neither Fulcrum Home Loans, nor any loan officers and employees listed herein, are in the business of credit repair, and will not offer advice on those matters. A free annual credit report can be obtained at www.annualcreditreport.com.

FINANCIAL PLANNING DISCLAIMER

Fulcrum Home Loans and its loan officers, unless individually licensed and specifically denoted in their credentials, are not qualified to, and are prohibited from representing themselves as accountants, attorneys, certified financial planners, estate planners, investment specialists, or tax experts, and will not advise you on those matters. Seek the advice of a licensed professional.

REVERSE MORTGAGE DISCLAIMER

Borrowers must be age 62 or over and the home must be their primary residence. Homeowners must complete counseling with a government-certified counselor before applying. Homeowners must pay property taxes, insurance, and homeowner’s association dues. Consult a tax professional for tax consequences. A reverse mortgage is a loan and must be repaid. Loan amount based on equity in your home. Payout available in lump sum or in regular scheduled payments. Proceeds will not affect Social Security or Medicare Benefits. There’s no need to repay the loan as long as you continue to live in the house and maintain the property to FHA standards. This is not a commitment to make a loan. Loans are subject to borrower and property qualifications. Interest rates and program guidelines are subject to change without notice.

RATE SHEET DISCLAIMER

Rate sheet information is intended as a general market reference only - as of the date of creation - and intended for mortgage professionals and their partner’s use. It is not intended for public distribution, online posting, or to serve as an accurate rate quote, as additional factors will affect each loan scenario. Rates, points, and closing costs may vary based on loan features, geography, and/or other terms and conditions. APR calculations are based on origination points, discount fees, and average loan fees, including closing costs. Rates, points, and closing costs are subject to change without notice and vary by state and the interest rate chosen. Rates may also be affected by the borrower’s credit profile. Please contact your Fulcrum Home Loans Loan Officer for more information. Adjustable-rate mortgages have interest rates, which are subject to increase after consummation.

PRE-APPROVAL DISCLAIMER

Mortgage loan pre-approvals are conditional to several factors remaining unchanged through the closing and funding of your loan. Be advised that your credit report may be pulled again at closing to ensure no changes have occurred. Some items that can affect your pre-approval are: any changes in real estate purchase contract terms, sales price, closing date, deadlines or contingencies, adequate property valuation by a licensed appraiser, conditions or exceptions to the appraisal(s), changes in your financial situation, increased debt ratios, changes in credit scoring and reported items, new debt or inquiries on your credit, buying/selling of asset, any collection/lien notifications, job changes or pay rate changes of any kind, co-signing on a debt for another person, making any large deposits or money transfers, unseasoned funds for down payment and closing costs, and other conditions, changes, or discovered facts. Please contact your loan professional prior to taking actions that could change your financial situation.

TEXAS COMPLAINTS & REIMBURSEMENTS

Consumers wishing to file a complaint against a mortgage banker, a licensed mortgage banker, or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain out-of-pocket damages sustained by borrowers caused by acts of licensed mortgage bankers or residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at  www.sml.texas.gov.

GRANT DISCLAIMER

Grants are offered and provided by/through third-party entities, and are dependent upon those entities’ regulations, restrictions, and qualifications to govern the distribution of those grant funds. I.e., Income compared to area median income; number of individuals living in the household; first-time home buyer status; location, etc. Some grants require repayment and/or conditions which may trigger repayment. I.e., Primary residence or time in the home. Your loan officer can assist you in obtaining current grant status and restrictions. Fulcrum Home Loans is not responsible for non-qualification of any applicant, nor funds availability, from the providing grant entity. This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet the loan-to-value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Terms of the loan may be subject to payment of points and fees by the applicant.

COMARKETING DISCLAIMER

Fulcrum Home Loans and its Loan Officers, adhere to RESPA regulations. They are required to ensure equitable co-investment in marketing efforts when jointly advertising with a real estate professional. Fulcrum Home Loans and its Loan Officers, adhere to RESPA regulations. They are prohibited from paying referral fees to non-employees or real estate professionals for a referral of business.

FOREIGN LANGUAGE DISCLAIMER

All transactional documentation, including application, disclosures, closing documents, etc. must/will be in English, regardless of the language used on a written piece of marketing, or in verbal communications.

WEBSITE DISCLAIMER

No statement on this website is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, final credit approval, etc. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in payments may reflect a longer loan term. Terms of any loan may be subject to payment of points and fees by the applicant.