VA Loans

In accordance with state and federal regulations, the following disclosure and licensing information are available for you to review online:

• Loan Assumptions
• No Closing Costs
• Equal Housing Lender
• Fair Lending Policy
• The Housing Financial Discrimination Act of 1977, California Fair Lending Notice
• Important Information about Procedures for Obtaining a Mortgage Loan

Loan Assumptions:

• 30 Year Fixed – First Mortgage.
Disclosed rate assumes a $400,000 rate and term refinance loan on an owner-occupied single-family residence in California, minimum 740 FICO credit score, 60% loan to value with no subordinate debt. If these factors are not met, you may still qualify. Subject to underwriting approval. Not all applicants will qualify.

• 15 Year Fixed – First Mortgage.
Disclosed rate assumes a $400,000 rate and term refinance loan on an owner-occupied single-family residence in California, minimum 740 FICO credit score, 60% loan to value with no subordinate debt. If these factors are not met, you may still qualify. Subject to underwriting approval. Not all applicants will qualify.

• 10 Year Fixed – First Mortgage.
Disclosed rate assumes a $400,000 rate and term refinance loan on an owner-occupied single-family residence in California, minimum 740 FICO credit score, 60% loan to value with no subordinate debt. If these factors are not met, you may still qualify. Subject to underwriting approval. Not all applicants will qualify.

• 15 and 30 Year Fixed $726,201 to $1,089,300 – First Mortgage.
Disclosed rate assumes a $800,000 rate and term refinance loan on an owner-occupied single-family residence in California, minimum 740 FICO credit score, 60% loan to value with no subordinate debt. If these factors are not met, you may still qualify. Subject to underwriting approval. Not all applicants will qualify.

• 30 Year Fixed – First Mortgage. Business Bank Statements (24 months).
Disclosed rate assumes a $400,000 rate and term refinance loan on an owner-occupied single-family residence in California, minimum 780 FICO credit score, 50% loan to value with no subordinate debt. If these factors are not met, you may still qualify. Subject to underwriting approval. Not all applicants will qualify.

• 30 Year Fixed – First Mortgage. Debt Service Coverage Ratio (DSCR).
Disclosed rate assumes a $400,000 rate and term refinance loan on an owner-occupied single-family residence in California, minimum 780 FICO credit score, 50% loan to value with no subordinate debt. If these factors are not met, you may still qualify. Subject to underwriting approval. Not all applicants will qualify.

• Home Equity Line of Credit (HELOC)
Variable APR and Terms are based on a FICO score of at least 780, 60% Loan To Value (LTV), primary home, with a line amount of $200,000. Your APR may be higher and will be based on the current variable index value, your credit qualifications, the amount of the line, loan to value, type of property, and occupancy type. 10- Year Initial Interest Only Draw Period with a 20 year fully amortizing repayment period. Max lifetime Cap is 18% unless prohibited by law. The lifetime Floor is lower than Initial Interest Rate or 4%. Minimum Draw of $50,000 with a Maximum Line Amount of $500,000. Subject to underwriting approval. Not all applicants will qualify.

• Home Equity Loan (HELOAN)
Fixed APR and Terms are based on a FICO score of at least 780, 60% Loan to Value (LTV), primary home, with a loan amount of $200,000. Your APR may be higher and will be based on your credit qualifications, the amount of the loan, loan to value, type of property, and occupancy type. Some products may not be available in all states.  Subject to underwriting approval. Not all applicants will qualify.

Rates, loan products & fees are subject to change without notice. Your rate and term may vary. If you do not lock in a rate when you apply, your rate at closing may differ from the rate in effect when you applied. Subject to underwriting approval. Not all applicants will be approved. Full documentation & property insurance are required. Loan secured by a lien against your property. Consolidating or refinancing debts may increase the time and/or the finance charges/total loan amount needed to repay your debt. Terms, conditions & restrictions apply. Call for details.

No Closing Costs

Are available on rate/term and limited cash out refinance transactions only. Just Funded Mortgage will pay the following third party closing costs on behalf of the Borrower: appraisal fees, credit report fees, flood certification fees, escrow/closing fees, signing fees, and title insurance fees (lenders policy and endorsements). The Borrower is responsible for paying: prepaid interest, property taxes, state mortgage/transfer taxes, all types of insurance, existing lender payoff fees, survey fees, inspection fees, and discount points (if the Borrower chooses to pay discount points to buy down the interest rate). The minimum loan amount is $300,000.

Equal Housing Lender

We conduct business in accordance with the Federal Fair Housing Law (Fair Housing Amendments Act of 1988). It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin:

• In the sale or rental of housing
• In advertising the sale or rental of housing
• In the financing of housing
• In the provision of real estate brokerage service
• In the appraisal of housing
• Blockbusting is also illegal

Anyone who feels he or she has been discriminated against may file a complaint of housing discrimination:
1-800-669-9777(toll free), or 1-800-927-9275 (TDD), or send to:

Office of Fair Housing and Equal Opportunity
Department of Housing and Urban Development
Room 5204
451 Seventh St. SW
Washington, DC 20410-2000

Or online: http://portal.hud.gov/hudportal/HUD?src=/program_offices/fair_housing_equal_opp/online-complaint

It is our policy to comply with the Equal Credit Opportunity Act and the Fair Housing Act. In addition, it is our policy to comply with state laws that provide greater protection. Just Funded Mortgage does not discriminate against any applicant based on race; color; religion; creed; national origin; ancestry; sex; marital status; familial status (number and age of children); sexual orientation; or age (provided that the applicant can enter into a binding agreement); medical history; disability; physical condition; military status; because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or the Service members Civil Relief Act (SCRA); that all or part of a consumer’s income derives from a public assistance program; or any other basis prohibited by law.

At Just Funded Mortgage, we do not discriminate against any applicant or discourage anyone on a prohibited basis from applying. To assure that our employees have an unequivocal statement of our commitment to a nondiscriminatory method of doing business, we have adopted the following fair lending policy. Employees must be thoroughly familiar with this policy and follow it.

• We do not discriminate against a loan applicant or borrower based on race, color, religion, national origin, sexual orientation, handicap, age, the fact that all or part of an applicant’s income comes from any public assistance program or because the applicant has exercised any right under any relevant state or federal law.
• We do not selectively encourage applicants and we take no action that would, on a prohibited basis, discourage a reasonable person from applying for a mortgage loan.
• We do not, on a prohibited basis, refuse to make a loan, vary the terms offered including the amount, interest rate, period, or type of loan, or use different standards to evaluate collateral or decide whether to extend credit.
• We avoid practices or policies that have a discriminatory effect. This rule applies to all phases of our mortgage lending business. It applies even though we do not intend the policy or practice to be discriminatory and even if the policy or practice appears to be neutral.
• We have adopted nondiscriminatory loan underwriting standards that avoid subjective, unwritten rules that can have a discriminatory effect. We make these underwriting standards public upon request at each of our offices.
• We make sure that our scoring system is empirically derived and statistically sound and uses no prohibited basis other than age as a predictive factor.
• We train our loan personnel in the principles of fair processing and underwriting.
• Our Quality Control Manager regularly reviews both our loan underwriting standards and the business practices by which we implement them to determine whether they ensure equal lending opportunity and reports to management.
• We periodically review our loan portfolio and applications to make sure that we are serving the community adequately and on a nondiscriminatory basis in light of the community’s demographic characteristics and credit demands.
• We conspicuously display the poster in a public area of each of our facilities stating that we are ascribing to the Equal Housing Act. Additionally, on all forms of advertisements, regardless of media, we include the Equal Housing Opportunity logo and/or the Equal Housing Opportunity slogan.

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. 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 change, in appraising a housing accommodation or in determining whether or not, and under what terms and conditions, to provide financial assistance. These provisions govern financial assistance for the purchase, construction, rehabilitation, or refinancing of one- to four-unit family residences occupied by the owner and for the home improvement of any one to four-unit family residence.

If you have any questions about your rights, or if you wish to file a complaint, contact the management of this financial institution or:

• 1350 Front Street, Suite 3064. San Diego, CA 92101-3687
• 1515 Clay Street, Suite 702. Oakland, CA 94612-1462
• 2550 Mariposa Mall, Suite 3070. Fresno, CA 93721-2273
• 320 W. 4th Street, Suite 350. Los Angeles, CA 90013-1105
• 1651 Exposition Boulevard. Sacramento, CA 95815 P.O Box 137000 (mailing address)
• Sacramento, CA 95813-7000

To help us prevent fraud and to assist the government in fighting the funding of terrorism and money laundering activities, we are obtaining, verifying, and recording information that identifies each person who applies for and/or obtains a mortgage loan. What this means for you: When you apply for and/or obtain a mortgage loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.