Disclaimers

 

ASSISTANCE AND GRANT LOAN PRODUCTS AND PROGRAMS: Assistance and Grant Programs are offered and provided by third-party entities which set the regulations, restrictions, and qualifications criteria. Some programs require repayment and/or conditions which may trigger repayment, while others may not. Harvest Residential Mortgage Services is not responsible for non-qualification, program availability, nor conditions of the program.

 

CO-MARKETING: Harvest Residential Mortgage Services complies with Section 8 of RESPA and does not offer anything of value such as marketing services or defrayed business costs in exchange for referrals or for the expectation of referrals.

 

LICENSE: | Texas | www.NMLSConsumerAccess.org

 

LOAN COMMITMENT: This is not a commitment to make a loan, nor should it be construed as lending advice. Loans are subject to borrower qualifications, including income, property evaluation, enough 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 the life of the 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. Harvest Residential Mortgage Services is an Equal Housing Lender NMLS# 1851955.

 

NATIONWIDE MULTISTATE LICENSING SYSTEM’S CONSUMER ACCESS

WEBSITE: www.NMLSConsumerAccess.org

 

PROFESSIONAL SPECIALISTS: The information provided within this site is general in nature and by means should be considered “Extensive Detail’ regarding the subject matter. Harvest Residential Mortgage Services, 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 in those matters. “Always” seek the advice of a licensed professional for such services.

 

PROVISION OF A LOAN ESTIMATE: Harvest Residential Mortgage Services does not require any documentation to complete a loan application or to provide a Loan Estimate.

 

REVERSE MORTGAGE LOAN PRODUCTS AND PROGRAMS: A reverse mortgage, available to borrower(s) age 62 or over, is a loan based upon the current equity in a borrower’s primary residence, with funds disbursed in one lump sum, or over regularly scheduled intervals. As long as the borrower occupies the property as their principal residence, there are no required loan payments, with the loan balance due and payable upon sale, or when the property is otherwise vacated. The borrower Retains the responsibility to maintain the property to FHA standards, and remain current on property taxes, homeowner’s insurance, and homeowner association dues that from the reverse and WILL NOT be paid by the lender. Borrowers must complete counseling with a government certified counselor before applying. Consult a tax professional for potential tax consequences and a benefits coordinator for questions about Social Security or Medicare Benefits.

WHOLESALE BROKERED LOAN PRODUCTS AND PROGRAMS: Harvest Residential Mortgage Services may act as a third-party originator and submit loan packages/applications directly to third-party lenders for approval.

 

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR A LICENSED 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 ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE COMPANY 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.