This is to give you notice that Perry Homes has a business relationship with Crestmark Mortgage Company, a Texas limited partnership (“Crestmark”). Perry Homes owns 45% of Crestmark and a subsidiary of Perry Homes, known as Residential Finance CM, a Texas limited liability company (“Residential Finance”) owns an additional 20% of Crestmark. Because of this relationship, this referral by Perry Homes to Crestmark may provide Perry Homes and Residential Finance and their principals with a financial or other benefit.
Set forth below is the estimated charge or range of charges for the settlement services listed to be provided by Crestmark. You are NOT required to use Crestmark as a condition for the purchase of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
| Service Provider | Settlement Service | Charges or Range of Charges |
|---|---|---|
| Crestmark | Loan Administration Fee | $1,695.00 |
| Crestmark | Technology Fee | $217.00 |
| Crestmark | Origination Fee | 0% - 1% of the loan amount1 |
1Origination Fee is only applicable to certain bond and special loan products.
I/we have read this disclosure form and understand that Perry Homes is referring me/us to purchase the above-described settlement service(s) from Crestmark and thus Perry Homes and Residential Finance and their principals may receive a financial or other benefit because of this referral.