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Affiliated Business Arrangement Notice
This is to give you notice that each of the “referring party” selling entities (as more particularly identified in the applicable purchase agreement for each of its respective jurisdictions (collectively, “Selling Entity“) has a business relationship with Brightland Mortgage Services, Ltd. Specifically, the Selling Entity (as defined above), or its affiliate, holds ownership of at least 1% in Brightland Mortgage Services, Ltd.
Because of this relationship, this referral may provide Brightland Homes with a financial or other benefit. You are not required to use Brightland Mortgage Services, Ltd. as a condition for purchase of the subject property or the settlement of your loan. 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.
Upon entering into the purchase agreement with the Selling Entity representative you will be provided a written Affiliated Business Arrangement Notice.
If you choose to apply with Brightland Mortgage Services, Ltd., an initial disclosure of all settlement charges will be provided to you within three business days after completed loan application.
ACKNOWLEDGEMENT
By Clicking “I Accept” below, I/we acknowledge we have read this disclosure form and understand the affiliation existing between the Selling Entity and Brightland Mortgage Services, Ltd.. I/we also understand that the Selling Entity or its affiliates may receive a financial or other benefit as the result of your utilizing the services of Brightland Mortgage Services, Ltd..