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Freeman 0086307352 20130108_153128_613_1

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Freeman 0086307352 20130108_153128_613_1

  1. 1. #### Date Generated: 01/08/2013 15:31 TO: Robert E Freeman Attention: Robert E Freeman Recipient Email: refff@hotmail.com Recipient Email: Recipient Email: Recipient Email: Recipient Email: FROM: Michael Stuart Shane Sender Email: mn.disclosures@freedommortgage.com Company: Freedom Mortgage Corporation RE: Freeman, Robert E City/State/Zip: Redmond, WA 98052 Property Address: 5922 158th Way NE POS Loan Number: LOS Loan Number: 0086307352 Cost Center: 9456 Loan Closer: Loan Closer Email: Loan Closer Phone: Closing Agent Name: Closing Agent Email: Closing Agent Phone: Closing Agent Addr: Closing Agent City: Closing Agent State: Closing Agent Zip: Closing Center email: MNclosing@freedommortgage.com Borrower First Name: Robert Borrower Last Name: Freeman Carrier Option: USPS LIBDOCS: LIBDOCS: Mailing Address Line 1: 5922 158th Way Ne Mailing Address Line 2: Mailing Address Line 3: Mailing Address Line 4: Redmond, WA 98052 Return Mailing Address Line 1: Freedom Mortgage Corporation Return Mailing Address Line 2: Return Mailing Address Line 3: 12701 Whitewater Dr Return Mailing Address Line 4: Minnetonka, MN 55343 Challengeanswer1: WA Challengeanswer2: 98052 Authentication: Y Sign: Y Comment: GFE Disclosure Package Application Date: 01/08/2013 15:31 IncludeFirstPage: N IncludeReturnEnvelope: N Referral Source: Third Party Originator PaperOut: Y PaperOut Count: 1 Weekends: FALSE Holidays: FALSE Kit: N Closing: N 93545601
  2. 2. 1. GFE Disclosure Pkg (LOS) 5 Pages
  3. 3. Cust-chgcirc/Rev. 09/2012 RE: Mortgage Application with Please find enclosed your revised Good Faith Estimate and list of third party providers, if applicable. You may choose from the providers listed or shop for your own provider for the designated services. Also included is a Transaction Summary which includes an estimate of your monthly payment and cash required for closing. This Summary is an estimate and not a loan commitment. If your property is in Montana, please sign the Good Faith Estimate and return to us at the following address: Otherwise, it will not be necessary to sign and return the Good Faith Estimate. The following change circumstances have occurred and resulted in a revised Good Faith Estimate: If you have any questions, please contact your mortgage representative. Freedom Mortgage Corporation Enclosure If checked, please see attached additional change circumstances. 0086307352 Robert E Freeman 5922 158th Way Ne Redmond, WA 98052 Michael Stuart Shane 01/08/13 PRICING-Discount Points Required/Updated (Block 2) Lock extended - your credit has been updated PRICING-Interest Rate Available Thru Date Updated (Pg1) "Important Dates" updated PRICING-Lock Period Updated (Pg1) 7800 Equitable Drive, Suite 150, Eden Prairie, MN 55344 93545592
  4. 4. OMB Approval No. 2502-0265 11/17/08 VMP116F (0908).00Wolters Kluwer Financial Services Page 1 of 3 Good Faith Estimate (HUD-GFE) Summary of your settlement charges Property Address Date of GFE Borrower Originator Phone Number Name of Originator Originator Address Originator Email some of your loan Origination Charges, and the monthly payment shown below can change until you lock your interest rate. Good Faith Estimate (GFE) Purpose Shopping for your loan Summary of your loan Escrow account information per month 1. The interest rate for this GFE is available through 4. You must lock the interest rate at least 2. This estimate for all other settlement charges is available through . 3. After you lock your interest rate, you must go to settlement within locked interest rate. . After this time, the interest rate, days before settlement. days (your rate lock period) to receive the Your initial monthly amount owed for principal, insurance rise? Your initial interest rate is interest, and any mortgage insurance is Your initial loan amount is Your Charges for All Other Settlement Services Even if you make payments on time, can your loan balance rise? Even if you make payments on time, can your monthly amount owed for principal, interest, and any mortgage Can your interest rate rise? Does your loan have a prepayment penalty? Your loan term is $ $ . Yes, you have an escrow account. It may or may not cover all of these charges. Ask us. Yes, your maximum prepayment No % %. The first change will be in No Yes, it can rise to a maximum of years. No $ Yes, the first increase can be in and the monthly . The maximum it can Yes, it can rise to a maximum ofNo . amount owed can rise to .penalty is $ Yes, you have a balloon payment of (See page 2.) Only you can shop for the best loan for you. Compare this GFE with other loan offers, so you can find the best loan. Use the shopping chart on page 3 to compare all the offers you receive. . No Does your loan have a balloon payment? due in (See page 2.) $ $ $ Your Adjusted Origination Charges Important dates ever rise to is $ $ B A This GFE gives you an estimate of your settlement charges and loan terms if you are approved for this loan. For more information, see HUD's Special Information Booklet on settlement charges, your Truth-in-Lending Disclosures, and other consumer information at www.hud.gov/respa. If you decide you would like to proceed with this loan, contact us. $BA Total Estimated Settlement Charges Do we require you to have an escrow account for your loan? . Some lenders require an escrow account to hold funds for paying property taxes or other property-related charges in addition to your monthly amount owed of $ No, you do not have an escrow account. You must pay these charges directly when due. VMP years Sammamish Mortgage Company Robert E Freeman 3015 112th Avenue NE|Suite 214 Bellevue WA 98004 5922 158th Way NE Redmond WA 98052 (425)-401-8787 01/08/2013 15:30:09 01/14/13 8 01/23/13 0 269,000.00 30 3.500 1,207.94 X X X X X 1,207.94 X 0086307352 -1,027.95 1,724.30 696.35 01/08/2013 15:31:2293545593
  5. 5. Your Charges for All Other Settlement Services Your Adjusted Origination ChargesUnderstanding your estimated settlement charges $ 11/17/08 VMP116F (0908).00Wolters Kluwer Financial Services Page 2 of 3 Good Faith Estimate (HUD-GFE) Total Estimated Settlement ChargesA B B $ A Your Adjusted Origination Charges Some of these charges can change at settlement. See the top of page 3 for more information. $ 6. Charge These charges are for other services that are required to complete your settlement. We can identify providers of these services or you can shop for them yourself. Our estimates for providing these services are below. Your Charges for All Other Settlement Services Required services that you can shop for Service 9. You may purchase an owner's title insurance policy to protect your interest in the property. These charges are for services we require to complete your settlement. We will choose the providers of these services. Required services that we select3. 4. This charge includes the services of a title or settlement agent, for example, and title insurance to protect the lender, if required. Title services and lender's title insurance Owner's title insurance5. Service Initial deposit for your escrow account This charge is held in an escrow account to pay future recurring charges on your property and includes 7. These charges are for state and local fees to record your loan and title documents. Government recording charges These charges are for state and local fees on mortgages and home sales. 8. Transfer taxes . all property taxes, otherall insurance, and Charge 11. Charge This charge is for the insurance you must buy for the property to protect from a loss, such as fire. Homeowner's insurance Policy 10. days (if your settlement is Daily interest charges This charge is for the daily interest on your loan from the day of your settlement until the first day of the next month or the first day of your normal mortgage payment cycle. This amount is ).per day for ChargePolicy ChargeService Service Charge The tradeoff table on page 3 shows that you can change your total settlement charges by choosing a different interest rate for this loan. for this interest rate ofYou pay a charge of $ 1. Our origination charge %. This charge (points) increases your total settlement charges. This charge is for getting this loan for you. This credit reduces your settlement charges. 2. Your credit or charge (points) for the specific interest rate chosen origination charge." (See item 1 above.) The credit or charge for the interest rate of % is included in "Our You receive a credit of $ for this interest rate of %. $ VMP 4,769.00 X 5,796.95 3.500 -5,796.95 -1,027.95 01/08/2013 15:31:22 Appraisal 475.00 Credit Report 30.00 505.00 1,052.00 0.00 0.00 115.00 0.00 0.00 26.15 2 12/30/12 52.30 0.00 1,724.30 696.35 0086307352 01/08/2013 15:31:2293545593
  6. 6. 11/17/08 Wolters Kluwer Financial Services Page 3 of 3 Good Faith Estimate (HUD-GFE) VMP116F (0908).00 Use this chart to compare GFEs from different loan originators. Fill in the information by using a different column for each GFE you receive. By comparing loan offers, you can shop for the best loan. Instructions The total of these charges can increase up to 10% at settlement: amount owed from this GFE The same loan with lower settlement charges Understanding which charges can change at settlement Some lenders may sell your loan after settlement. Any fees lenders receive in the future cannot change the loan you receive or the charges you paid at settlement. For an adjustable rate loan, the comparisons above are for the initial interest rate before adjustments are made. owed Owner's title insurance (if you do not use companies we identify) Total Estimated Settlement Charges How much your total estimated settlement charges will be Change in the monthly % These charges can change at settlement: Loan 4 . . In this GFE, we offered you this loan with a particular interest rate and estimated settlement charges. However: Change in the amount you will pay at settlement with this interest rate If you want to choose this same loan with a lower interest rate, then you will have higher settlement charges. 1 If you want to choose this same loan with lower settlement charges, then you will have a higher interest rate. Loan originators have the option to complete this table. Please ask for additional information if the table is not completed. If you would like to choose an available option, you must ask us for a new GFE. Your settlement charges will increase by $ less every month No change You will pay $ more every month You will pay $ $ No change Your settlement charges will be reduced by $ $ Your initial loan amount This GFE estimates your settlement charges. At your settlement, you will receive a HUD-1, a form that lists your actual costs. Compare the charges on the HUD-1 with the charges on this GFE. Charges can change if you select your own provider and do not use the companies we identify. (See below for details.) These charges cannot increase at settlement: Using the shopping chart Loan originator name Initial loan amount Loan term Initial interest rate Rate lock period Can interest rate rise? Can loan balance rise? Can monthly amount owed rise? Prepayment penalty? This loan Loan 2 Loan 3 Balloon payment? Using the tradeoff table Your adjusted origination charges (after you lock in your interest rate) . Your credit or charge (points) for the specific interest rate chosen (after you lock in your interest rate) . Our origination charge. . Transfer taxes . Homeowner's insurance. Title services and lender's title insurance (if you do not use companies we identify) . Required services that you can shop for (if you do not use companies we identify) . Initial deposit for your escrow account. Owner's title insurance (if you use companies we identify) . Title services and lender's title insurance (if we select them or you use companies we identify) . Required services that we select. Required services that you can shop for (if you use companies we identify) . Daily interest charges.Government recording charges . If your loan is sold in the future $ Initial monthly amount owed The loan in this GFE The same loan with a lower interest rate Your initial interest rate $ $ % $ $ % $ $ 1 Your initial monthly amount % $ years $ $ VMP 269,000.00 3.500 1,207.94 696.35 0086307352 01/08/2013 15:31:2293545593
  7. 7. 12.15.2009 Cust-tpaddum THIRD PARTY PROVIDERS REFERRAL LIST The following providers are listed as a referral and not a recommendation or endorsement. Freedom does not represent or warrant the services performed by these providers. The following services may be required to process your loan application. You may choose your own provider. If you do not choose your own provider, the provider referred below will be used by Freedom. We encourage you to shop for a service provider and compare the costs. If you choose your own provider, the provider you select will be subject to approval by Freedom Mortgage. The amounts listed for the services are estimates only based on the information you provided on the application. You will receive a new Good Faith Estimate, if the amount charged by the provider increases, with an explanation for the increase. 0086307352 01/08/2013 15:31:2293545593

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