Broker Fee Agreement Form PDF Details

A broker fee agreement form is a contract between a property owner and a real estate broker that outlines the services the broker will provide and the fees they will charge. This document can be used to protect both the property owner and the broker, and should include information on how any commissions will be paid. The broker fee agreement form can also be used to outline payment terms, specify who is responsible for marketing costs, and list any other specific conditions or requirements. Having a signed broker fee agreement form in place can help avoid any confusion or misunderstandings later on.

Here, you will find quite a few information about broker fee agreement form PDF. You may find out its size, the average time necessary to prepare the form, the blanks you'll have to fill in, and so on.

QuestionAnswer
Form NameBroker Fee Agreement Form
Form Length1 pages
Fillable?Yes
Fillable fields10
Avg. time to fill out2 min 19 sec
Other namesbrokers fee agreement template, brokers fee agreement, insurance broker fee agreement, mortgage broker fee agreement form

Form Preview Example

 

MORTGAGE BROKER FEE AGREEMENT

 

 

 

Applicant Name(s):

 

Subject Property Address:

 

 

 

Loan Originator Name:

 

Loan Originator NMLS ID:

 

 

 

Loan Origination Company:

 

Loan Origination Company NMLS ID:

 

 

 

We are acting as your mortgage broker. By signing below, you request us to arrange a mortgage loan from a mortgage lender, and you agree to the broker compensation listed below for our services. Our broker compensation may be paid by you directly or the mortgage lender, but not both.

We do Business in Accordance with Federal Fair Lending Laws

UNDER THE EQUAL CREDIT OPPORTUNITY ACT, IT IS ILLEGAL

TO DISCRIMINATE IN ANY CREDIT TRANSACTION:

On the basis of race, color, national origin, religion,

sex, marital status, or age;

Because income is from public assistance; or

Because a right has been exercised under the Federal

Consumer Credit Protection Laws.

IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST,

YOU SHOULD SEND A COMPLAINT TO ONE OF THE FOLLOWING:

U.S. Department of Justice

Consumer Financial Protection Bureau

Federal Trade Commission

Civil Rights Division

P.O. Box 4503

Washington, DC 20580

Housing and Civil Enforcement Section

Iowa City, Iowa 52244

(202) 326-2222

Washington, DC 20530

(855)

411-CFPB (2372)

https://www.ftccomplaintassistant.gov/

1-800-896-7743

(855)

729 CFPB (2372) (TTY/TDD)

 

http://www.usdoj.gov/crt/housing

www.consumerfinance.gov

 

YOUR MORTGAGE LOAN

You are currently applying for a mortgage loan in the amount of $_______________________. Broker compensation is non-

negotiable. If the actual loan amount changes from this amount and broker compensation is specified as a percentage of the loan amount, then the dollar amount of the broker compensation will also change accordingly.

Broker Compensation

We will be compensated as your mortgage broker in the amount of _________% of your loan amount, but not less than

$1,500 and not more than $15,000.

Amount of Broker Compensation Based on Loan Amount: $

 

Paid by:

Borrower

Lender

LOAN ORIGINATOR ACKNOWLEDGEMENT

By signing below, I affirm that we have not discriminated on the basis of race, color, religion, national origin, sex, marital status, handicap, familial status, or any other legally prohibited basis in setting the amount of broker compensation.

APPLICANT ACKNOWLEDGEMENT

By signing below, I acknowledge that I have received a fully executed copy of this Agreement at the time of my mortgage application. It has been explained to me and I understand it. I voluntarily enter into this Agreement and agree to the broker compensation above.

Loan Originator Signature

 

Date

 

 

 

 

 

 

 

 

 

 

 

Applicant Signature

 

Date

 

Applicant Signature

 

Date

 

 

 

 

 

 

 

Applicant Signature

 

Date

 

Applicant Signature

 

Date

MBFA_20151003

How to Edit Broker Fee Agreement Form Online for Free

Our PDF editor was made with the objective of making it as simple and intuitive as possible. The following actions can certainly make filling out the insurance broker fee disclosure form quick and simple.

Step 1: To begin the process, choose the orange button "Get Form Now".

Step 2: When you have accessed the editing page insurance broker fee disclosure form, you will be able to see each of the functions intended for the file inside the upper menu.

The following sections are included in the PDF form you will be creating.

entering details in commercial broker fee agreement california part 1

Provide the necessary details in Paidby, Borrower, Lender, LoanOriginatorSignature, Date, ApplicantSignature, Date, ApplicantSignature, and Date part.

commercial broker fee agreement california Paidby, Borrower, Lender, LoanOriginatorSignature, Date, ApplicantSignature, Date, ApplicantSignature, and Date fields to insert

Step 3: As soon as you've selected the Done button, your document should be ready for transfer to each device or email address you identify.

Step 4: Ensure that you stay away from forthcoming difficulties by getting at least two duplicates of the form.

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