Your Consent To Do Business Electronically (the eDisclosure Agreement)
The loan for which you are applying involves various disclosures, records, and documents (“Loan Documents”), including this eDisclosure Agreement. The purpose of this eDisclosure Agreement is to obtain Your consent to receive certain Loan Documents from Us in electronic form rather than in paper form. With Your consent, You will also be able to sign and authorize these Loan Documents electronically, rather than on paper.
Before We can engage in this transaction electronically, it is important that You understand Your rights and responsibilities. Please read the following and affirm Your consent to conduct business with Us electronically. For purposes of this eDisclosure Agreement, “eDisclosures” means the Loan Documents related to this transaction that are provided electronically, “You” and “Your” mean the borrower(s) under the applicable loan to which such Loan Documents apply, and “We”, “Our” and “Us” mean the applicable mortgage broker(s), loan processor(s) or mortgage banker(s) with whom You are transacting business for such loan(s).
YOUR CONSENT
Your consent to participate in this transaction electronically will apply to all Loan Documents for the applicable loans for which You are applying. If You provide Your consent by clicking the “I agree” button at the bottom of the page, We will conduct this transaction electronically, instead of providing You with the Loan Documents in paper form.
If a document related to Your loan is not available in electronic form, a paper copy will be provided to You free of charge.
Conducting this transaction electronically is an option. If You choose not to accept receipt of eDisclosures, paper Loan Documents will be mailed to You.
If You do not consent to receive these Loan Documents electronically, or if You subsequently withdraw consent, You will be provided with paper copies of the Loan Documents for which You did not consent to receive electronically. Additionally:
You will not be required to pay a fee for receiving paper copies of the Loan Documents.
WITHDRAWAL OF CONSENT
You have the right to withdraw Your consent at any time. By declining or revoking Your consent to receive eDisclosures, We will provide You with the Loan Documents in paper form.
If You originally consent to receive eDisclosures, but later decide to withdraw Your consent, You can do so by clicking on the “I Decline” button, or by notifying Us at:
Phone: (925) 855-7131
Address: 1850 Mt. Diablo Blvd, Suite 100, Walnut Creek, CA 94596
If You originally consent to receive eDisclosures, but later withdraw Your consent, You will be provided with paper copies of the Loan Documents for which You did not consent to receive electronically.
You will not be required to pay a fee for withdrawing consent and receiving paper copies of the Loan Documents.
OBTAINING PAPER COPIES
After Your consent is given, You may request from Us paper copies of Your Loan Documents. Please send this request to Us at:
Phone: (925) 855-7131
Address: 1850 Mt. Diablo Blvd, Suite 100, Walnut Creek, CA 94596
If You request paper copies of the Loan Documents:
You will not be required to pay a fee for receiving paper copies of the Loan Documents.
SYSTEM REQUIREMENTS
In order to receive eDisclosures, You must have a computer with Internet access and an Internet email account and address; an Internet browser using 128bit encryption or higher, Adobe Acrobat 7.0 or higher, SSL encryption and access to a printer or the ability to download information in order to keep copies of Your eDisclosures for Your records.
If the software or hardware requirements change in the future, We will notify You of the change. If You choose to withdraw Your consent upon notification of the change, You will be able to do so without penalty. Paper copies of such Loan Documents will be mailed to You if You choose to withdraw Your consent.
