Problem Solving Mortgages Licenses and Disclosures

General. Problem Solving Mortgages, LLC is a New Jersey limited liability company with its corporate headquarters located at 14 Christopher Mills Drive, Mount Laurel, New Jersey 08054. Any reference in this Licenses and Disclosures to "we" or "us" or similar words shall refer to Problem Solving Mortgages, LLC unless otherwise indicated, all such entities referred to as "Problem Solving Mortgages". Any reference in Licenses and Disclosures to "you" or "your" means the person(s) using the Problem Solving Mortgages Websites (as defined in the Terms of Use Agreement), and/or the good, facilities or services of Problem Solving Mortgages offered through alternative methods. Problem Solving Mortgages is a marketing lead generator, required to be licensed as a Mortgage Broker or other state license designation. Problem Solving Mortgages DOES NOT take mortgage applications, originate, service, make loans or credit decisions in connection with loans, nor does Problem Solving Mortgages issue commitments or lock-in agreements. Problem Solving Mortgages’ services are only administrative. Any loan inquiry you submit is NOT an application for credit. Rather, it is an inquiry to be matched with Lenders to receive condition loan offers from Lenders. You may have to complete an application with a Lender before they will extend an unconditional offer. A Lender you select may require you to pay an application or other fee to cover the costs of an appraisal, credit report or other items. The Lender, not Problem Solving Mortgages, will determine the amount of any such fee and should provide information to you regarding the refundability of any such fee. Problem Solving Mortgages, LLC does not endorse or recommend the products of any particular Lender.

Except as otherwise provided for your state, Problem Solving Mortgages, LLC is not an agent of you or any Lender. You should rely on your own judgment in deciding which available loan product, terms and Lender that best suits your personal financial requirements. The Lender is solely responsible for its services to you, and you agree that Problem Solving Mortgages, LLC shall not be liable for any damages or costs of any type arising out of, or in any way connected with, your use of such services. You understand that Lenders may keep your loan request information and any other information provided by Problem Solving Mortgages, LLC or received by them in the processing of your loan request, whether or not you are qualified for a loan with them or if you make a loan with them. In addition, Problem Solving Mortgages, LLC may receive personally identifiable information regarding the disposition of your loan from the Lender in order to fulfill its regulatory requirements as well as for internal business purposes. You agree to notify any particular Lender directly if you no longer want to receive communications.

Fees. Problem Solving Mortgages does not charge you any fee for its services. Problem Solving Mortgages receives its compensation from the Lenders or Providers for the goods, facilities and services provided by Problem Solving Mortgages. Problem Solving Mortgages’ compensation varies by product and service. Marketing fees paid by the Lender or Provider may be included in your rate, points or term. Although some state licensing laws treat fees paid in exchange for marketing lead generation services as mortgage broker fees or origination fees, this is not the case under federal law. See the Terms of Use Agreement for details.

Credit. Any loan request you submit is NOT an application for credit. Rather, it is a request to be matched with Lenders to receive conditional loan offers from Lenders. You may have to complete a full application with a Lender before they will extend an unconditional loan offer. A Lender you select may require you to pay an application or other fee to cover the costs of an appraisal, credit report as well as for other items. The Lender will determine the amount of any such fee(s) and should provide information to you regarding the refundability of any such fee(s).

Federal Disclosures. Any request will be forwarded to Lenders, Brokers, Dealers, or Partners (depending on product selected) and these Partners may make certain disclosures to you. These disclosures, which are required by the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), and certain other federal and state laws, include details of your cost of credit; Integrated Loan Disclosure or Loan Estimate and will be delivered to you by the Lender you select to proceed with for your loan needs; HUD mandated booklets "Guide to Settlement Costs" and/or "When your Home is on the Line"; notices concerning the possibility that your mortgage loan servicing may be transferred; and your right to a copy of any appraisal, if any, performed on your home. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract), because all or part of the applicant's income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The agency that administers compliance with this law varies by Lender depending on its lending authority, but may include the Federal Trade Commission, Equal Credit Opportunity, Consumer Response Center, Washington, DC 20580 or at 1-877-FTC-HELP (1-877-382-4357; TDD 1-866-653-4261; or at www.ftc.gov.

PURSUANT TO PROBLEM SOLVING MORTGAGES’ TERMS OF USE AGREEMENT AND THE CONSENT FOR ELECTRONIC DISCLOSURES, THE DISCLOSURES AND CONSENTS REQUIRED UNDER CERTAIN FEDERAL AND/OR STATE LAWS ARE DEEMED TO BE PROVIDED, RECEIVED AND AGREED TO BY YOUR USE OF THE WEBSITES (AS DEFINED IN THE TERMS OF USE AGREEMENT).

For some states, required Mortgage Broker Disclosures are included above in the Problem Solving Mortgages Disclosures section.

Alabama

Alaska

NOTE: A mortgage lender or mortgage broker may not refinance a mortgage loan within 12 months after the date the mortgage loan is closed, unless the refinancing is beneficial to the borrower.

Arizona

Arkansas

NOTE: Except for state or federally chartered depository institutions that are FDIC- or NCUA-insured, it is unlawful for a person to broker or make a refinancing of a residential mortgage loan when the refinancing charges additional points and fees, within a 12-month period after the original loan agreement was signed, unless the refinancing results in a reasonable, tangible net benefit to the borrower, considering all of the circumstances surrounding the refinancing.

California
Problem Solving Mortgages does not make mortgage loans or commitments. If your loan request is forwarded to a Lender that makes you an offer, you should receive from the Lender a integrated disclosure and referred to as an initial Loan Estimate and will have both the RESPA and TILA disclosures. The new disclosure statement required under the TILA/RESPA, is required to be delivered within within three (3) business days from the date you submit an application to a Lender. If the Lender denies your request for credit and that action is based, in whole or in part, on any information contained in a consumer credit report, you have the right to obtain, within sixty (60) days, a free copy of your consumer credit report from the credit reporting agency that compiles and maintains files on consumers on a nationwide basis. You also have the right to dispute the accuracy or completeness of any information in a consumer credit report furnished by the consumer credit reporting agency by contacting that agency directly.

An applicant, if married, may apply for a separate account / credit.

THE HOUSING FINANCIAL DISCRIMINATION ACT OF 1977 FAIR LENDING NOTICE

IT IS ILLEGAL TO DISCRIMINATE IN THE PROVISION OF OR IN THE AVAILABILITY OF FINANCIAL ASSISTANCE BECAUSE OF THE CONSIDERATION OF:

1. TRENDS, CHARACTERISTICS OR CONDITIONS IN THE NEIGHBORHOOD OR GEOGRAPHIC AREA SURROUNDING A HOUSING ACCOMMODATION, UNLESS THE FINANCIAL INSTITUTION CAN DEMONSTRATE IN THE PARTICULAR CASE THAT SUCH CONSIDERATION IS REQUIRED TO AVOID AN UNSAFE AND UNSOUND BUSINESS PRACTICE; OR

2. RACE, COLOR, RELIGION, SEX, MARITAL STATUS, NATIONAL ORIGIN OR ANCESTRY.

IT IS ILLEGAL TO CONSIDER THE RACIAL, ETHNIC, RELIGIOUS OR NATIONAL ORIGIN COMPOSITION OF A NEIGHBORHOOD OR GEOGRAPHIC AREA SURROUNDING A HOUSING ACCOMMODATION OR WHETHER OR NOT SUCH COMPOSITION IS UNDERGOING CHANGE, OR IS EXPECTED TO UNDERGO CHANGE, IN APPRAISING A HOUSING ACCOMMODATION OR IN DETERMINING WHETHER OR NOT, OR UNDER WHAT TERMS AND CONDITIONS, TO PROVIDE FINANCIAL ASSISTANCE.

THESE PROVISIONS GOVERN FINANCIAL ASSISTANCE FOR THE PURPOSE OF THE PURCHASE, CONSTRUCTION, REHABILITATION OR REFINANCING OF ONE- TO FOUR-UNIT FAMILY RESIDENCES OCCUPIED BY THE OWNER AND FOR THE PURPOSE OF THE HOME IMPROVEMENT OF ANY ONE- TO FOUR-UNIT FAMILY RESIDENCE.

IF YOU HAVE QUESTIONS ABOUT YOUR RIGHTS, OR IF YOU WISH TO FILE A COMPLAINT, CONTACT THE MANAGEMENT OF THIS FINANCIAL INSTITUTION OR:

Department of Business Oversight:
320 West 4th Street, Suite 750
Los Angeles, CA 90013-2344
Phone: (213) 576-7500
One Sansome Stree, Suite 600
San Francisco, CA 94104-4428
Phone: (415) 972-8565
1515 K Street, Suite 200
Sacramento, CA 95814-4052
Phone: (916) 445-7205
1350 Front St., #2034
San Diego, CA 92101-3697
Phone: (619) 525-4233
Toll-Free Phone (all locations): (866) 275-2677
Website: http://www.dbo.ca.gov

Acknowledgement of Receipt of this Notice is provided to you when you submit a request, but you are encouraged to retain a copy of this information for your records.

California Bureau of Real Estate
LT Realty Services, Inc. License #01478246 (also doing business as LT Realty Services) 1651 Exposition Blvd., Sacramento, CA 95815. Call Center: 877-373-4542.

Colorado

Connecticut

Problem Solving Mortgages is NOT A MORTGAGE BROKER, A MORTGAGE LENDER, OR MORTGAGE CORRESPONDENT LENDER.

Delaware

Problem Solving Mortgages does not charge the consumer a fee for its services, rather the lenders pay a marketing replacement match fee to be put in contact with the consumer and to compete for the consumer's business. As such the requirements under Code Del. Regs. 5 2103 are supplied to consumers who submit an inquiry, but the value of charges by Problem Solving Mortgages will be zero. A copy of the Schedule as of 4/11/14 is available

at: http://regulations.delaware.gov/AdminCode/title5/2100/2103.pdf

District of Columbia

If your loan request is forwarded to our participating Lenders, you may be issued a financing agreement by the Lenders in accordance with D.C. Code Ann. § 26-1113. If provided, the financing agreement will provide: (A) the term and principal amount of the loan; (B) an explanation of the type of mortgage loan being offered; (C) the interest rate and, if the rate is subject to change, or is a variable rate, or is subject to final determination at a future date based on some objective standard, a specific statement of those facts; (D) the points and fees, if any, to be paid by you; and (E) the term during which the financing agreement remains in effect. This financing agreement must be executed by the Lender and must be delivered as least 72 hours before settlement.

DISCLOSURE OF DUAL CAPACITY: PROBLEM SOLVING MORTGAGES HAS OFFERED TO ASSIST YOU IN OBTAINING A MORTGAGE LOAN REQUEST. IF WE ARE SUCCESSFUL IN OBTAINING A LOAN REQUEST FOR YOU, PROBLEM SOLVING MORTGAGES WILL RECEIVE A MARKETING LEAD GENERATION FEE FROM THE LENDER. IF YOU ALSO USE A REAL ESTATE PROVIDER, PROBLEM SOLVING MORTGAGES MAY RECEIVE AN ADDITIONAL MARKETING LEAD GENERATION FEE. PROBLEM SOLVING MORTGAGES DOES NOT REPRESENT ALL OF THE LENDERS IN THE MARKET, AND THE LENDERS IN PROBLEM SOLVING MORTGAGES’ NETWORK WHICH IT DOES REPRESENT, MAY NOT OFFER THE LOWEST INTEREST RATES OR BEST TERMS AVAILABLE TO YOU. YOU ARE FREE TO SEEK A LOAN WITHOUT OUR ASSISTANCE. YOU CONSENT, ACKNOWLEDGE AND AGREE HAVING READ AND UNDERSTOOD THIS DISCLOSURE OF DUAL CAPACITY AND HAVING RECEIVED A COPY HEREOF.

Florida

Problem Solving Mortgages does not make mortgage loans or commitments. Nor can Problem Solving Mortgages guarantee acceptance into any particular loan program by any participating Lender, or promise any specific loan terms or conditions. If your loan request is forwarded to our participating Lenders, you may receive from such Lenders, a good faith estimate(GFE) of the credit report fee, property appraisal fee, or any other third party fees required in connection with your loan. The documentation you receive will include the terms and conditions for obtaining a refund for said fees.

YOU ARE NOT REQUIRED TO PURCHASE ADDITIONAL PRODUCTS OR SERVICES FROM PROBLEM SOLVING MORTGAGES OR FROM ANY PERSON OR ENTITY SUGGESTED OR RECOMMENDED BY PROBLEM SOLVING MORTGAGES. HOWEVER, PROBLEM SOLVING MORTGAGES RESERVES THE RIGHT TO APPROVE THE ENTITY SELECTED BY YOU, WHICH APPROVAL MAY NOT BE UNREASONABLY WITHHELD.

Georgia

Hawaii

Idaho

Problem Solving Mortgages does not act as a lender or credit provider. If your loan request is forwarded to our participating Lenders, the Lenders will contact you with additional information/offers. Problem Solving Mortgages does not distribute the products of all Lenders or investors in the marketplace and therefore cannot guarantee the lowest price or best terms available in the market.

Problem Solving Mortgages provides its services to you at no cost to you. Problem Solving Mortgages will not charge or seek fees of any kind from you. Problem Solving Mortgages will receive fees from the Lenders and may be paid based on fees for services, goods or facilities performed or provided by us to the Lenders.

This agreement remains in effect only as long as you seek to use the services offered by Problem Solving Mortgages. You may discontinue this relationship at any time, without notice, at no cost or penalty to you.Idaho Prepayment Penalty Disclosure: If you, the borrower, pay off or refinance your mortgage loan before the date for repayment stated in the loan agreement, you may be charged a prepayment penalty. A prepayment penalty charge may be significant. Prior to signing any documents, make sure you fully understand the prepayment charge provisions outlined in your loan agreement.

Interest Rate Lock Information: An interest rate that is not locked in is subject to change. Problem Solving Mortgages does not lock interest rates, only a Lender may provide such action and it increase your rate and/or cause additional fees to be assessed, make sure you fully understand the interest rate lock information in your loan agreement.

Illinois

If your loan request is forwarded to our participating Lenders, a Borrower Information Document may be provided to you by the Lender you select pursuant to the Residential Mortgage License Act of 1987 and Rules promulgated thereunder (38 Ill. Adm. Code 1050.90(a)). The purpose of that Document is to set forth those exhibits and materials you should receive or be receiving in connection with your residential mortgage loan application with the Lender based on your request to Problem Solving Mortgages. You may also receive from the Lender you select a list of documents and materials you are required to complete for your formal loan application (generally referred to as a Form 1003) with the Lender.

Loan Brokerage Agreement and Broker Disclosure Statement

Problem Solving Mortgages, LLC is a New Jersey limited liability company with its corporate headquarters located at 14 Christopher Mills Drive, Mount Laurel, New Jersey 08054. Any reference in this Licenses and Disclosures to "we" or "us" or similar words shall refer to Problem Solving Mortgages, LLC unless otherwise indicated, all such entities referred to as "Problem Solving Mortgages". Any reference in Disclosures to "you" or "your" means the person(s) using the Problem Solving Mortgages Websites (as defined in the Terms of Use Agreement), and/or the good, facilities or services of Problem Solving Mortgages offered through alternative methods. Problem Solving Mortgages is a marketing lead generator. Problem Solving Mortgages DOES NOT take mortgage applications, originate, service, make loans or credit decisions in connection with loans, nor does Problem Solving Mortgages issue commitments or lock-in agreements. Problem Solving Mortgages’ services are only administrative. Any loan inquiry you submit is NOT an application for credit. Rather, it is an inquiry to be matched with Lenders to receive condition loan offers from Lenders. You may have to complete an application with a Lender before they will extend an unconditional offer. A Lender you select may require you to pay an application or other fee to cover the costs of an appraisal, credit report or other items. The Lender, not Problem Solving Mortgages, will determine the amount of any such fee and should provide information to you regarding the refundability of any such fee. Problem Solving Mortgages, LLC does not endorse or recommend the products of any particular Lender. Except as otherwise provided for your state, Problem Solving Mortgages, LLC is not an agent of you or any Lender. You should rely on your own judgment in deciding which available loan product, terms and Lender that best suits your personal financial requirements. The Lender is solely responsible for its services to you, and you agree that Problem Solving Mortgages, LLC shall not be liable for any damages or costs of any type arising out of, or in any way connected with, your use of such services. You understand that Lenders may keep your loan request information and any other information provided by Problem Solving Mortgages, LLC or received by them in the processing of your loan request, whether or not you are qualified for a loan with them or if you make a loan with them. In addition, Problem Solving Mortgages, LLC may receive personally identifiable information regarding the disposition of your loan from the Lender in order to fulfill its regulatory requirements as well as for internal business purposes. You agree to notify any particular Lender directly if you no longer want to receive communications.

This agreement remains in effect only as long as you seek to use our services. You may discontinue this relationship at any time, without notice, at no cost or penalty to you.

Illinois Department of Financial & Professional Regulation
Division of Banking
100 West Randolph St., 9th Floor
Chicago, IL 60601
(312)793-3000
TDD: (312) 793-0291

Indiana

Iowa

Kansas

Problem Solving Mortgages is a Marketing Lead Generation Company. Problem Solving Mortgages products and services are not endorsed or recommended of the licensee's products or services by the Office of the State Bank Commissioner. As a consumer, you may submit a complaint or inquiry about this mortgage business by delivering a written statement to the Office of the State Bank Commissioner, 700 Jackson, Suite 300, Topeka, KS 66603.

Kentucky

Problem Solving Mortgages is not acting as an agent for you in your request to obtain a mortgage loan before any personal financial information may be obtained by the mortgage loan broker.

Louisiana

The state of Louisiana has not reviewed and does not approve or disapprove any loan brokerage contract. The information contained in this disclosure has not been verified by the state. If you have any questions, consult with an attorney before you sign a loan contract.

Maine

Maine law requires that the disclosures below be provided to consumers before any contact is signed with, and before any money is paid to, a credit services organization or third parties.

Written Agreement or Contract

Please print out this information and save it for your records. You consent, acknowledge and agree that you have read and received a copy of this Disclosure to Consumer.

Problem Solving Mortgages will not act as your lender or credit provider. Problem Solving Mortgages provides your loan request to our Lenders and our Lenders will contact you with their conditional loan offers. While we seek to help you meet your financial needs, we do not distribute the products of all Lenders or investors in the market and cannot guarantee the lowest price or best terms available in the market.

Problem Solving Mortgages provides mortgage information at no cost to you. Problem Solving Mortgages will not charge or seek fees of any kind from you. Problem Solving Mortgages receives fees from Lenders and may be paid by the Lender based on services, goods or facilities performed or provided by us to the Lender.

This agreement remains in effect only as long as you seek to use the services offered by Problem Solving Mortgages. You may discontinue this relationship at any time, without notice, at no cost or penalty to you.

It is important that you read and understand all contracts related to any credit services you obtain. It is also important for you to retain a copy for your records.

Escrowing of Consumer Funds

Problem Solving Mortgages does not accept any fees from the consumer, including third party fees.

Consumer Protection Bond

A consumer protection bond is on file with the State of Maine. If you have a claim against our company which cannot be resolved through informal means, you may institute an action to recover your loss from that bond by filing a written complaint with the Director, Office of Consumer Credit Regulation, 35 State House Station, Augusta, Maine, 04333-0035

Maryland

Problem Solving Mortgages does not accept or solicit any fees or payments from consumers. If you submit a loan request to Problem Solving Mortgages and your loan request is forwarded to our participating Lenders, you may be issued a Financing Agreement by Lenders in accordance with Maryland Commercial Law Code §§ 12-125, 1013. This Financing Agreement must include: (1) the term and principal amount of your loan; (2) an explanation of the type of mortgage loan being offered; (3) the interest rate and, if the rate is subject to final determination at a future date based on some objective standard, a specific statement of those facts; (4) the points, if any, to be paid by you; and (5) the term during which the Financing Agreement remains in effect.

Massachusetts

Problem Solving Mortgages arranges, but does not make loans.
If your loan request is forwarded to our participating Lenders, be advised that under Massachusetts General Law ch. 184, § 17B: (1) the responsibility of the attorney for a Lender is to protect the Lender’s interests, (2) you have the right to engage your own attorney to represent your interest in the transaction, at your expense, (3) the approximate expiration date of the Note (see your Loan Information Page for the term of your loan), and (4) please be aware that as of the expiration date of the Note, the Lender may demand payment of the Note, may rewrite the Note by agreement at a greater or lesser rate of interest, or may, by agreement, allow payments to be made on the Note at the same, or a lesser or greater rate of interest.

The federal Equal Opportunity Act and comparable provisions of Massachusetts law prohibit creditors from discriminating against credit applicants on the basis of race, color, religion, creed, national origin, sex, sexual orientation, ancestry, handicap, marital status, age (provided that the applicant has the capacity to enter into a binding contract), or because all or part of the applicant’s income derives from any public assistance program. The federal Equal Credit Opportunity Act also prohibits creditors from discriminating against credit applicants because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The state agency that administers compliance with the state law is the:

Massachusetts Commission Against Discrimination
One Ashburton Place
Boston, Massachusetts 02108

Michigan

Minnesota

PROBLEM SOLVING MORTGAGES IS NOT ACTING AS YOUR AGENT IN CONNECTION WITH OBTAINING A RESIDENTIAL MORTGAGE LOAN. WHILE PROBLEM SOLVING MORTGAGES WILL SEEK TO ASSIST YOU IN MEETING YOUR FINANCIAL NEEDS, WE CANNOT GUARANTEE THE LOWEST OR BEST TERMS AVAILABLE IN THE MARKET.

The information on this Website may not be considered by any person to be an offer to enter an interest rate lock-in agreement under Minnesota law.

Mississippi

As a borrower you are protected under the Mississippi Mortgage Consumer Protection Act.
Complaints against a licensee may be made by contacting the:
Mississippi Department of Banking and Consumer Finance
PO Box 23729
Jackson, MS 39225-3729

Missouri

Loan Brokerage Agreement and Loan Broker Disclosure Statement

NOTICE TO CONSUMER: Do not sign this agreement before you read it. You, or your attorney, are entitled to a copy of this agreement. The below is provided pursuant to the Residential Mortgage Brokers License Act and related rules. Problem Solving Mortgages, LLC is regulated by the Missouri Commissioner of Finance whose phone number is (573) 751-3242. Your Lender will provide you with any additional required documentation.

Problem Solving Mortgages, LLC, formerly known as Problem Solving Mortgages, Inc., is a New limited liability company with its corporate headquarters in Mount Laurel, New Jersey. Problem Solving Mortgages is a marketing lead generator. Problem Solving Mortgages does not take applications, make loans or credit decisions in connection with loans, nor does Problem Solving Mortgages issue commitments or lock-in agreements. Problem Solving Mortgages’ services are only administrative. Any loan inquiry you submit is NOT an application for credit. Rather, it is an inquiry to be matched with Lenders to receive condition loan offers from Lenders. You may have to complete an application with a Lender before they will extend an unconditional offer. A Lender you select may require you to pay an application or other fee to cover the costs of an appraisal, credit report or other items. The Lender, not Problem Solving Mortgages, will determine the amount of any such fee and should provide information to you regarding the refundability of any such fee. Problem Solving Mortgages, LLC does not endorse or recommend the products of any particular Lender. Except as otherwise provided for your state (please see the Disclosures section of the Websites), Problem Solving Mortgages, LLC is not an agent of you or any Lender. Problem Solving Mortgages, LLC's services are only administrative. You should rely on your own judgment in deciding which available loan product, terms and Lender best suits your needs and financial means. The Lender is solely responsible for its services to you, and you agree that Problem Solving Mortgages, LLC shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of such services. You understand that Lenders may keep your loan request information and any other information provided by Problem Solving Mortgages, LLC or received by them in the processing of your loan request, whether or not you are qualified for a loan with them or if you make a loan with them. You agree to notify any particular Lender directly if you no longer want to receive communications.

Problem Solving Mortgages will perform the following services for you: (1) make loan request forms available to you; (2) transmit your completed loan request to Lenders; (3) offer you access to general educational information concerning home financing including glossaries, articles and calculators; and (4) send you the initial loan offers from Lenders responding to your loan request. If your loan request is forwarded to our participating Lenders, you will receive from the Lenders a good faith estimate of the settlement costs in connection with your loan in accordance with applicable law.

This agreement is dated as of the date you submit your loan request. Please print and retain a copy of this agreement and the Loan Information Page for your records.

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

"IMPORTANT CONSUMER INFORMATION"

"This brochure contains some common terms and definitions, which are intended to help you better understand your credit transaction. Credit costs money, so it is important that you fully understand the terms of your credit transaction. If you come across terms you do not understand, look up the terms, or ask our personnel to explain the terms to you. Ask questions. Make certain the questions that you ask are answered. Make certain you understand the terms and costs of your loan.”

  • 1Common Terms and Definitions
  • 2Equal Credit Opportunity Act (ECOA). A federal regulation which requires lenders to promote the availability of credit to all creditworthy applicants without regard to race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to contract); to whether all or part of the applicant’s income derives from a public assistance program; or to whether the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The regulation prohibits creditor practices that discriminate on the basis of any of these factors.
  • 3Contract. A written binding document, describing terms of an agreement between two or more persons. (Keep all paperwork. Later, if there are any questions, you will have your agreement in writing.)
  • 4Annual Percentage Rate (APR). The cost of your credit as a yearly rate. This measures the cost of credit expressed as a yearly interest rate. It is intended to provide a single value for a consumer to compare the cost of credit between one lender and another.
  • 5Finance Charge. The dollar amount the credit will cost you. Finance charges include interest, and may also include transaction fees and service fees.
  • 6Principal. The amount of money owed on a debt, on which interest is calculated.
  • 7Interest. The cost of borrowing money, generally a percentage of the amount owed.
  • 8Balance. The total amount of money owed to a lender.
  • 9 Default. Failure to pay a debt as agreed to on a contract. When a loan is in default, the lender may demand full payment of the remaining debt.
  • 10Collateral. Security pledged by a borrower to protect the interests of the lender; in case of default, the lender may take ownership of the security, if any, pledged by the borrower.
  • 11Credit Bureau. A private company that keeps a record of your credit history for distribution upon request by authorized parties. When you apply for credit, a lender may request a credit report to review when considering your application.
  • 12Credit History. A record containing information about you, including your payment history on previous debts.
  • 132Credit Report. A report of the credit history and other information about you that is kept by credit bureaus, which may include: your name, address, social security number, payment history (good and bad), current and previous debts, employers, income, etc. Accurate information on a credit report may not be legally removed. Incorrect information may be removed by disputing the information to the credit bureau involved.

This business is regulated by the Regulation and Licensing Department, Financial Institutions Division, 2550 Cerrillos Road, Santa Fe, New Mexico 87505, telephone number (505) 476-4885

New York

Disclosures: Problem Solving Mortgages does not make mortgage loans or commitments; cannot guarantee acceptance into any particular loan program, nor promise any specific loan terms or conditions; is paid by the Lender for its services; and, does not charge you any fee for its services. Certain mortgage loan products impose a prepayment penalty on the borrower and the amount of, or the formula for calculating, the prepayment penalty, if any, and the terms of the prepayment penalty, if any, will be disclosed to the borrower by the Lender as soon as they are known, but no later than the issuance of the commitment (if any), for the loan product chosen by the borrower.

You understand that you may address questions or comments about your loan request by calling 888-778-9785, or by electronic mail to customercare@ProblemSolvingMortgages.com.

North Carolina

Problem Solving Mortgages does not make mortgage loans or commitments. Nor can Problem Solving Mortgages guarantee acceptance into any particular loan program by any Lender, or specific loan terms or conditions. You may be required by the Lender to pay an application fee to cover the costs of an appraisal, credit report or other items. The amount of the fee will be determined by the Lender. The documentation you receive will include information on the refundability of any fees paid.

North Dakota

NOTICE: MONEY BROKERS ARE LICENSED AND REGULATED BY THE DEPARTMENT OF BANKING AND FINANCIAL INSTITUTIONS, 2000 SCHAFER STREET, SUITE G, BISMARCK, NORTH DAKOTA 58501-1204.THE DEPARTMENT OF BANKING AND FINANCIAL INSTITUTIONS HAS NOT PASSED ON THE MERITS OF THE CONTRACT AND LICENSING DOES NOT CONSTITUTE AN APPROVAL OF THE TERMS OR OF THE BROKER’S ABILITY TO ARRANGE ANY LOAN. COMPLAINTS REGARDING THE SERVICES OF MONEY BROKERS SHOULD BE DIRECTED TO THE DEPARTMENT OF BANKING AND FINANCIAL INSTITUTIONS.

If your loan request is forwarded to one or more participating Lenders, you will receive from the Lenders detailed information about your loan, including the loan amount, interest rate, points, fees and other terms.

Ohio

Oklahoma

Information Statement

Problem Solving Mortgages, LLC Main Office
11115 Rushmore Dr.
Charlotte, NC 28277
Oklahoma Office
1699 W 4TH ST
TAHLEQUAH, OK 74464

Problem Solving Mortgages is required by Oklahoma law to provide the information statement below before the execution of a contract or before the receipt of any money or other valuable consideration, whichever occurs first.

  • 1You have the right to review any file maintained by any consumer credit reporting agency, as provided under the Federal Fair Credit Reporting Act, 15 USC Sec. 1682 through 1681t.
  • 2You have the right to review the above mentioned file at no charge if a request is made to the consumer credit reporting agency within thirty (30) days after receiving notice that credit has been denied. If credit was not denied, the approximate price to review such file is $14, as set by the credit reporting agency.
  • 3You have the right to dispute the completeness or accuracy of any item contained in your file which is maintained by a consumer credit reporting agency.
  • 4The following paragraphs describe Problem Solving Mortgages’ fees and services:
  • a Problem Solving Mortgages is a marketing lead generator, required to be licensed as a Mortgage Broker. Problem Solving Mortgages does not take applications, make loans or credit decisions in connection with loans, nor does Problem Solving Mortgages issue commitments or lock-in agreements. Problem Solving Mortgages’ services are only administrative. Any loan inquiry you submit is NOT an application for credit. Rather, it is an inquiry to be matched with Lenders to receive condition loan offers from Lenders. You may have to complete an application with a Lender before they will extend an unconditional offer. A Lender you select may require you to pay an application or other fee to cover the costs of an appraisal, credit report or other items. The Lender, not Problem Solving Mortgages, will determine the amount of any such fee and should provide information to you regarding the refundability of any such fee. Problem Solving Mortgages, LLC does not endorse or recommend the products of any particular Lender. Except as otherwise provided for your state (please see the Licenses and Disclosures section of the Websites), Problem Solving Mortgages, LLC is not an agent of you or any Lender. Problem Solving Mortgages, LLC's services are only administrative. You should rely on your own judgment in deciding which available loan product, terms and Lender best suits your needs and financial means. The Lender is solely responsible for its services to you, and you agree that Problem Solving Mortgages, LLC shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of such services. You understand that Lenders may keep your loan request information and any other information provided by Problem Solving Mortgages, LLC or received by them in the processing of your loan request, whether or not you are qualified for a loan with them or if you make a loan with them. You agree to notify any particular Lender directly if you no longer want to receive communications. Problem Solving Mortgages will perform the following services for you: (1) make loan request forms available to you; (2) transmit your completed loan request to participating Lenders in our network; (3) offer you access to general educational information concerning home financing including glossaries, articles and calculators; and (4) send you the initial loan offers from Lenders responding to your loan request. If your loan request is forwarded to our participating Lenders, you will receive from the Lenders a good faith estimate of the settlement costs in connection with your loan in accordance with applicable law.
  • bProblem Solving Mortgages does not charge you, the consumer, a fee to use our services. Problem Solving Mortgages is paid by its participating Lenders for the goods, facilities and services provided.
  • cIf your loan request is forwarded to our participating Lenders, you may be required by the Lender you select to pay an application fee to cover the costs of an appraisal, credit report or other items. The amount of the fee will be determined by the Lender. The documentation you receive will include information on the refundability of any fees paid.
  • dProblem Solving Mortgages does not endorse, recommend or favor the products of any participating Lender. Problem Solving Mortgages is not an agent of you or any participating Lender. Problem Solving Mortgages’ services are administrative and consultative only. You should rely on your own judgment in deciding which available loan product best suits your needs and financial means. You are under no obligation to use Problem Solving Mortgages to commence the financing process, and Problem Solving Mortgages, does not guarantee that completing a loan request will result in your receiving a loan from one of our participating Lenders.
  • eYou have the right to proceed against the bond that Problem Solving Mortgages is required to maintain. The name and address of the surety bond company that issued the bond is Aon Risk Services, 199 Water Street, 11th floor, New York, NY 10038.

Your submission of a loan request will serve as acknowledgement of your receipt of the above Information Statement.

Agreement

This agreement is made between you, the Buyer and Problem Solving Mortgages, LLC (“Problem Solving Mortgages”). This agreement is dated the date of your loan request to Problem Solving Mortgages. By submitting the loan request, you agree to the terms of this agreement.

  • 1Problem Solving Mortgages is a marketing lead generator. Problem Solving Mortgages does not take applications, make loans or credit decisions in connection with loans, nor does Problem Solving Mortgages issue commitments or lock-in agreements. Problem Solving Mortgages’ services are only administrative. Any loan inquiry you submit is NOT an application for credit. Rather, it is an inquiry to be matched with Lenders to receive condition loan offers from Lenders. You may have to complete an application with a Lender before they will extend an unconditional offer. A Lender you select may require you to pay an application or other fee to cover the costs of an appraisal, credit report or other items. The Lender, not Problem Solving Mortgages, will determine the amount of any such fee and should provide information to you regarding the refundability of any such fee. Problem Solving Mortgages, LLC does not endorse or recommend the products of any particular Lender. Except as otherwise provided for your state (please see the Disclosures section of the Websites), Problem Solving Mortgages, LLC is not an agent of you or any Lender. Problem Solving Mortgages, LLC's services are only administrative. You should rely on your own judgment in deciding which available loan product, terms and Lender best suits your needs and financial means. The Lender is solely responsible for its services to you, and you agree that Problem Solving Mortgages, LLC shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of such services. You understand that Lenders may keep your loan request information and any other information provided by Problem Solving Mortgages, LLC or received by them in the processing of your loan request, whether or not you are qualified for a loan with them or if you make a loan with them. You agree to notify any particular Lender directly if you no longer want to receive communications. Problem Solving Mortgages will perform the following services for you: (1) make loan request forms available to you; (2) transmit your completed loan request to participating Lenders in our network; (3) offer you access to general educational information concerning home financing including glossaries, articles and calculators; and (4) send you the initial loan offers from Lenders responding to your loan request. If your loan request is forwarded to our participating Lenders, you will receive from the Lenders a good faith estimate of the settlement costs in connection with your loan in accordance with applicable law.
  • 2 Problem Solving Mortgages does not charge you, the consumer, a fee to use our service. Problem Solving Mortgages is paid by its participating Lenders for the goods, facilities and services provided. If your loan request is forwarded to our participating Lenders, you may be required by the Lender you select to pay an application fee to cover the costs of an appraisal, credit report or other items. The amount of the fee will be determined by the Lender. The documentation you receive will include information on the refundability of any fees paid.
  • 3 All correspondence to Problem Solving Mortgages should be sent to 14 Christopher Mills Dr., Mt. Laurel, NJ 08054.

This agreement is dated as of the date you submit your loan request.

NOTICE OF CANCELLATION

You may cancel this contract, without any penalty or obligation, within five (5) days from the date the contract is signed.

If you cancel any payment made by you under this contract, it will be returned within ten (10) days following receipt by the seller of your cancellation notice.

To cancel this contract, mail or deliver a signed dated copy of this cancellation notice, or any other written notice to Problem Solving Mortgages, LLC, the operator of this website at 14 Christopher Mills Dr., Mt. Laurel, NJ 08054 not later than midnight on the day five (5) days after the date you submit the loan request.

I hereby cancel this transaction.

Sign: ___________________
Print: ___________________
Date: ___________________

Oregon

Pennsylvania

If your loan request is forwarded to our participating Lenders, you may be required by the Lender you select to pay an application fee to cover the costs of an appraisal, credit report or other items. The amount of the fee will be determined by the Lender. The documentation you receive will include information on the refundability of any fees paid.

Variable Interest Rate Disclosure

On residential mortgage loans of $50,000 or less, if the Lender offers to give you a mortgage with a variable interest rate, you are entitled by law to also be offered a mortgage with an interest rate that will not change. By law, this fixed interest rate mortgage must be offered to you at reasonably competitive terms and rate. On variable interest loans, the Lender will explain to you how the interest rate can change in the future, the effect of changes in the index on the rate and term, and an explanation of the index.

Rhode Island

South Carolina

Notice to Prospective Borrower(s): Read this contract carefully so that you can make an informed choice. You are entitled to a copy of this contract. Accepting the terms of this contract does not obligate you to obtain a mortgage loan through this mortgage broker, nor does it constitute mortgage loan approval.

Who do I Represent?

Problem Solving Mortgages, is not acting as your agent in providing mortgage brokerage services. Though not your agent, Problem Solving Mortgages owes you a duty of the utmost care, honesty and loyalty, including full disclosure of all material facts. Problem Solving Mortgages does not have an agency relationship with any other person.

Problem Solving Mortgages will provide you with multiple conditional loan offers through its network of U.S. based Banks, thrifts, mortgage bankers and finance companies (“Lenders”). Problem Solving Mortgages is a computerized loan originator. Problem Solving Mortgages does not take applications, make loans or credit decisions in connection with loans, nor does Problem Solving Mortgages issue commitments or lock-in agreements. Problem Solving Mortgages’ services are only administrative. Any loan request you submit is NOT an application for credit. Rather, it is a request to be matched with Lenders to receive conditional loan offers from these Lenders. You may have to complete an application with a Lender before they will extend an unconditional loan offer. A Lender you select may require you to pay an application fee or other fee to cover the costs of an appraisal, credit report or other items. The Lender will determine the amount of any such fee and should provide information to you regarding the refundability of any such fee.

Services to be Provided

Problem Solving Mortgages will perform the following services for you: (1) make loan request forms available to you; (2) transmit your completed loan request to Lenders; (3) offer you access to general educational information concerning home financing including glossaries, articles and calculators; and (4) provide you with the initial loan offers from Lenders responding to your loan request. Note: initial loan offers are provided only when you complete a traditional (full-form) Problem Solving Mortgages loan request. If you submit a complete loan application with any of the Lenders, these Lenders will provide you with a good faith estimate of the settlement costs in connection with your loan in accordance with applicable law.

Lender Payments to Broker Disclosure

I understand that, as compensation for its services, Problem Solving Mortgages will be paid as follows: Problem Solving Mortgages does not charge you a fee to use its service. Problem Solving Mortgages receives a marketing lead generation fee, paid for by the Lender, of up to $215 and if you close a home equity loan with the lender, a fee of up to $550 for the goods, facilities and services provided.

Co-Brokering

Problem Solving Mortgages is not a broker and does not co-broker loans in South Carolina.

Borrower Payments Disclosure

I understand that I am required to pay the following fees in connection with my Loan Request to Problem Solving Mortgages:

____ Application Fee $ N/A
____ Appraisal Fee $ N/A
____ Credit Report Fee $ N/A

For loan request information, including your name, the requested loan amount, lien priority and the date of your loan request, please see the Loan Information Page displayed prior to the submission of your loan request, which is incorporated herein by reference. For interest rates and fees applicable to your loan request, please see the Lender responses to your request.

Agency to Receive Borrower Complaints

The following agencies are designated to receive complaints or inquiries about the origination and making of your mortgage:

Street Address South Carolina Department of Consumer Affairs
2221 Devine Street, 2nd Floor
Columbia, SC 29205
Mailing Address P.O. Box 5757
Columbia, SC 29250
Phone 803-734-4200 or toll free in SC only 1-800-922-1594

Please print and retain a copy of this Agreement for the Loan Information Page for your records.

Applicant: Do not sign this form if spaces are left blank.

Attention Borrowers: Know Your Rights!

This may be the largest and most important loan you get during your lifetime. You should be aware of certain rights before you enter into any loan agreement.

  • 1 You have the RIGHT to shop for the best loan for you and compare the charges of different mortgage brokers and lenders.
  • 2 You have the RIGHT to be informed about the total cost of your loan including the interest rate, points and other fees.
  • 3 You have the RIGHT to ask for a Good Faith Estimate of all loan and settlement charges before you agree to the loan and pay any fees.
  • 4You have the RIGHT to know what fees are not refundable if you decide to cancel the loan agreement.
  • 5You have the RIGHT to ask your mortgage broker to explain exactly what the mortgage broker will do for you.
  • 6You have the RIGHT to know how much the mortgage broker is getting paid by you and the lender for your loan.
  • 7You have the RIGHT to ask questions about charges and loan terms that you do not understand.
  • 8You have the RIGHT to a credit decision that is not based on your race, color, religion, national origin, sex, marital status, age, or whether any income is from public assistance.
  • 9You have the RIGHT to know the reason if your loan was turned down.
  • 10You have the RIGHT to ask for the HUD settlement costs booklet “Buying Your Home”.
  • 11You have the RIGHT to request a copy of your settlement statement (Form HUD-1 or 1-A) one day prior to your loan closing.

Buying Your Home and other helpful information is available at HUD’s WEB site: http://www.hud.gov/offices/hsg/rmra/res/respa_hm.cfm

For other questions call 1-800-569-4287.

South Dakota

Tennessee

Problem Solving Mortgages accept loan requests for home equity loans secured by Tennessee property.

Texas

RESIDENTIAL MORTGAGE LOAN ORIGINATOR DISCLOSURE

Duties and Nature of Relationship

We will be acting as follows: We will submit your loan request to a participating Lender which we may from time to time contract upon such terms as you may request or a Lender may require. In connection with this mortgage loan, we are acting as an independent contractor and not as your agent. We will enter into separate independent contractor agreements with various Lenders. While we will seek to assist you in meeting your financial needs, we do not distribute the products of all lenders or investors in the market and cannot guarantee the lowest or best terms available in the market.

How Problem Solving Mortgages, LLC will be compensated

Problem Solving Mortgages, LLC will not charge you a fee to use its services. Problem Solving Mortgages, LLC receives its compensation from the Lender for the goods, facilities and services actually provided by Problem Solving Mortgages, LLC. These fees are paid by the Lender and are not refundable under any conditions.

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST PROBLEM SOLVING MORTGAGES, LLC SHOULD 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 WEB SITE 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 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 WEB SITE AT WWW.SML.TEXAS.GOV.

Utah

Vermont

Problem Solving Mortgages is acting in a brokerage capacity and will provide the following services in connection with your loan: making loan requests available to you; transmitting your completed loan request to participating Lenders in our network; offering you access to general educational information concerning home financing including glossaries, articles and calculators; sending you the initial loan offers from Lenders responding to your loan request.

Problem Solving Mortgages represents your interests in the following ways: (1) Problem Solving Mortgages shall accurately transmit the information provided by you in the loan request form to Lenders that are authorized to conduct business in Vermont, (2) Problem Solving Mortgages shall comply with applicable state and federal equal credit opportunity and fair credit reporting acts, and (3) Problem Solving Mortgages shall safeguard the privacy of your personal identifying information by adhering to our privacy policy as published on our website. Problem Solving Mortgages does not otherwise represent the interests of you or the participating Lenders. Our service is consultative only and you should rely on your own judgment in deciding which loan product best suits your needs and financial means. You are not relying on Problem Solving Mortgages to select a loan product for you.

Problem Solving Mortgages does not charge you a fee to use the Problem Solving Mortgages service. Problem Solving Mortgages receives fees from our participating Lenders for transmitting your loan request to the Lenders and for closed loans that were originated through the Problem Solving Mortgages service.

Virginia

Washington

You are not required to use Problem Solving Mortgages’ computerized loan request services to obtain a residential mortgage loan; and that the full range of loans available as offered by Lenders may not be listed on Problem Solving Mortgages’ computerized loan request services system, and different terms and conditions, including lower rates, may be available from others not listed on the system.

If your loan request is forwarded to one or more participating Lenders you may receive from the Lenders a good faith estimate of settlement costs under RESPA and an initial disclosure statement required under the TILA.

The interest rate quoted in connection with the loan you select is subject to change without notice unless and until an interest rate lock-in agreement has been made between you and the Lender. Problem Solving Mortgages does not offer lock-in agreements and does not guarantee any rate of interest quoted by a participating Lender. If you enter a lock-in agreement with the Lender and are required to pay a lock-in fee, the terms and conditions under which the lock-in fee may be refunded, if any, will be set by the Lender.

Problem Solving Mortgages will not collect any fees from you in connection with your completion of a loan request. All fees will be collected from and payable by the Lender. If the Lender is licensed under the Mortgage Broker Practices Act, the fees paid by you for third-party provider services (such as an appraisal or credit report), may be held in a trust account and any moneys remaining after the payment to third-party providers will be refunded to you.

If you are unable to obtain a loan for any reason, the Lender, if licensed under the Mortgage Broker Practices Act, will, within five (5) days of a written request by you, give copies to you of any appraisal, title report, or credit report paid for by you, and transmit the original appraisal, title report, or credit report to any other mortgage broker or lender to whom you direct. Transmission of these reports includes the right to use these reports. You are also entitled to receive a copy of any appraisal paid for by you, pursuant to the federal Equal Credit Opportunity Act.

Washington state law against discrimination prohibits discrimination in credit transactions because of race, creed, color, national origin, sex or marital status. The Washington State Human Rights Commission administers compliance with this law.

West Virginia

Wisconsin

Problem Solving Mortgages provides mortgage services at no cost to you. Problem Solving Mortgages will not charge or seek fees of any kind from you. This agreement remains in effect only as long as you seek to use the services offered by Problem Solving Mortgages; you may discontinue this relationship at any time, without notice, at no cost or penalty to you. This agreement does not create an exclusive relationship.

Problem Solving Mortgages does not act as a lender or credit provider. Problem Solving Mortgages will forward your loan request to participating Lenders and one or more Lenders will provide you with their loan product offers. Problem Solving Mortgages does not distribute the products of all lenders in the market and cannot guarantee the lowest price or best terms available in the market.

Problem Solving Mortgages receives fees from participating Lenders and may be paid services, goods or facilities performed or provided by us to the Lender.

Wyoming

PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT FOR YOUR RECORDS.

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