Disclosures & Licenses

LowerMyBills is not a lender or a broker. The information provided by you to LowerMyBills is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender or broker. If you are contacted by a lender or broker that advertises with LowerMyBills and you submit a loan application to such lender or broker, your information remains between you and that lender or broker.

LowerMyBills does not endorse, warrant or guarantee service or products of any lender or broker and does not guarantee and makes no representations of any rates, points and loan programs posted by advertising lenders and brokers. All information is subject to change without notice. This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z.

LowerMyBills shall not be responsible or liable for any products, services, information or other materials displayed, purchased, or obtained as a result of any information or offer in or results of any kind obtained in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification, loan or interest rate analysis. Nothing on this web site contains an offer, promise or otherwise, either to make a specific loan or that any participating lender or broker will make any loan for any purpose or on any specific terms.

In no event shall LowerMyBills be liable to anyone for any delays, inaccuracies, errors or omissions with respect to the information or the transmission or delivery of all or any part thereof, for any damage arising therefrom or occasioned thereby, or for the results obtained from the use of the information. The entire risk as to the accuracy, adequacy, completeness, currentness, validity and quality of any information is with the user.

Alabama

Alabama Mortgage Brokers License No. 2358

Arizona

Arizona Mortgage Brokers License No. MB# 0905872

Arkansas

Arkansas Mortgage Loan Company/Broker No. MLCB-11970

California

LowerMyBills, Inc. is a Licensed Real Estate Broker, License No. 1345974
CA Dept. of Real Estate, (916) 227-0931.

LowerMyBills, Inc. does not make mortgage loans or commitments.

The Housing Financial Discrimination Act of 1977 Fair Lending Notice
It is illegal to discriminate in the provisions of or in the availability of financial assistance because of the consideration of:

a. 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

b. 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 residence occupied by the owner and for the purpose of 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 institution or the agency noted below.
Department of Real Estate
2201 Broadway
P.O. Box 187000
Sacramento, CA 95808-7000

Department of Corporations
320 West 4th Street
Suite 750
Los Angeles, CA 90013-1105

If your inquiry is forwarded to a Lender that makes you an offer, within three business days from the date you submit an application to the Lender you should receive from the Lender a good faith estimate required under RESPA and an initial disclosure statement required under the Truth in Lending Act.
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 days, a free copy of your consumer credit report from the credit reporting agency which 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.
Mortgage Loan Disclosure Statement
LowerMyBills, Inc. will receive a fee from a Lender upon passing along your inquiry as compensation for its services as a mortgage broker. LowerMyBills receives this fee whether or not you close your loan. This is the total compensation LowerMyBills, Inc. receives from the Lender for its services and the Lender pays this fee. I acknowledge that this mortgage broker fee will be paid to LowerMyBills and that there is no other mortgage broker fee agreement between us.

Connecticut

LowerMyBills, Inc. is a BROKER ONLY, NOT A LENDER.

Connecticut First Mortgage Broker License No. 12474
Connecticut Second Mortgage Broker License No. 12564

District of Columbia

DC Mortgage Broker License No. 4650

Financing Agreement
If you transact with a Lender linked via your inquiry with LowerMyBills, Inc., the Lender shall issue a Financing Agreement in accordance with D.C. Code Ann. § 26-1013. This agreement shall include the terms and principle amount of the loan, an explanation of the type of loan, the interest rate, points and fees, and the length of time the finance agreement is in effect. This must be executed by the Lender and delivered at least 72 hours before settlement.

Florida

Florida Correspondent Mortgage Lender, License No. CL 0600123

This disclosure is written to give you notice that LowerMyBills, Inc. ("LMB") does not originate mortgage loans or commitments. Although LMB will forward your loan request to its participating lenders, LMB does not guarantee acceptance into any particular loan program.

Should you choose to apply for a mortgage loan with a participating lender, that lender will provide you with a Good Faith Estimate itemizing fees, including loan origination and/or other settlement service fees. The documentation you receive will also include information on whether any fees paid are refundable.

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

A LENDER IS ALLOWED TO REQUIRE THE USE OF AN ATTORNEY, CREDIT REPORTING AGENCY OR REAL ESTATE APPRAISER CHOSEN TO REPRESENT THE LENDER'S INTEREST.

Georgia

LowerMyBills, Inc.
2401 Colorado Avenue, Suite 200
Santa Monica, CA 90404

Georgia Mortgage Broker License No. 19658

Idaho

Idaho Mortgage Broker License No. 3505

Mortgage Broker/Origination Agreement
LowerMyBills will not act as your lender or credit provider. LowerMyBills will pass along the information you submit to our lending partners and our lending partners will contact you with their 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.

This agreement remains in effect only as long as you seek to use the services offered by LowerMyBills, Inc. 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 charge.

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.

Illinois

LowerMyBills, Inc. Illinois Residential Mortgage Licensee License No. 6759021

Loan Brokerage Agreement and Broker Disclosure Statement
LowerMyBills, Inc., a corporation, is a mortgage broker and not a lender. LowerMyBills provides mortgage information at no cost to you. LowerMyBills will not charge or seek fees of any kind from you. LowerMyBills will pass along your inquiry to our lending partners and our lending partners will contact you with their 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.

LowerMyBills receives fees from lending partners and may be paid by the lender based on (i) the value of the Mortgage Loan or related servicing rights in the market place or (ii) other services, goods or facilities performed or provided by us to the lender.

A participating Lender may provide you with a Borrower Information Document pursuant to the Residential Mortgage License Act of 1987. You may also receive a list of documents and materials required to complete your loan application with the Lender.

Illinois Department of Financial and Professional Regulation
Division of Banking
122 S. Michigan Ave., Suite 1900
Chicago, IL 60603
(312) 793-3000

Indiana

Indiana Loan Broker Registration License No. 030208

Iowa

Iowa Mortgage Broker License No. 2003-0092

Kansas

LowerMyBills, Inc. Mortgage Company License No. 2003-4548

LowerMyBills, Inc.
2401 Colorado Ave., Suite 200
Santa Monica, CA 90404

LowerMyBills, Inc. is a mortgage business licensed with the Kansas Office of the State Bank Commissioner in accordance with the laws of the state of Kansas. This license does not represent an endorsement or recommendation 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

Kentucky Mortgage Loan Broker License No. MB7854

Maine

Maine Credit Services Organization No. CS06491

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 if for your records. I acknowledge reading and receiving a copy of this Disclosure to Consumer.

LowerMyBills will not act as your lender or credit provider. LowerMyBills will pass along your to our lending partner(s) and our lending partner(s) will contact you with their offer(s).

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.

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
LowerMyBills, Inc. will not accept, request, or require any fees from our consumers.

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

Maryland Mortgage Lender License No. 9649
LowerMyBills, Inc. will not seek or accept fees from consumers submitting an inquiry. If your inquiry 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. The Financing Agreement must contain: (1) the term and principal amount of the loan; (2) an explanation of the type of mortgage loan being offered; (3) the rate of interest that will apply to the loan, 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; (4) the points, if any, to be paid by the borrower or the seller; and (5) the term in which the Financing Agreement remains in effect.

Massachusetts

In accordance with Massachusetts General Law, Chapter 184, Section 17B, we must advise you that the responsibility of the attorney for the mortgagee is to protect the interest of the mortgagee and the mortgagor may, at his/her own expense, engage an attorney of his own selection to represent his own interests in the transaction. In addition, the mortgagor shall, if applicable, provide you with the approximate expiration date of the note, the rate of interest charged, and that the mortgagee may demand payment of 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.

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.

MASSACHUSETTS MORTGAGE BROKER DISCLOSURES REQUIRED BY THE ATTORNEY GENERAL�S CONSUMER PROTECTION REGULATIONS

LowerMyBills, Inc.
2401 Colorado Avenue, Suite 200
Santa Monica, CA 90404
Broker's License Number: MB3529

We are a mortgage broker. We do not make mortgage loans. We cannot guarantee acceptance into any particular loan program or promise you any specific loan terms or conditions. We are not charging you a fee to arrange a mortgage loan from the mortgage lender. Instead, we receive a marketing fee from the lender for the services we provide them. Based on the information you have given us, we may be able to forward your information to lenders who will be able to obtain a mortgage loan for you based on the information you provided to them.

We will perform the following services for you: (i) make a mortgage loan request available to you via our website; and, (ii) transmit your completed mortgage information inquiry to lenders within our network of providers.

Massachusetts Mortgage Broker License No. MB3529

Michigan

Michigan First Mortgage License No. SR 0011298

Minnesota

Minnesota Residential Mortgage Originator License No. 20406683
LOWERMYBILLS, INC. IS NOT ACTING AS YOUR AGENT IN CONNECTION WITH OBTAINING A RESIDENTIAL MORTGAGE LOAN. WHILE WE SEEK TO ASSIST YOU IN MEETING YOUR FINANCIAL NEEDS, WE CANNOT GUARANTEE THE LOWEST OR BEST TERMS AVAILABLE IN THE MARKET.

Mississippi

Mississippi License No. 429/2008 (CA)
Mississippi Branch License No. 231/2008 (MS)

Missouri

Missouri Residential Mortgage Broker License No. 04-1077

Nebraska

Nebraska Licensed Mortgage Banker, License No. 727

New Hampshire

Licensed by the New Hampshire Banking Department. First Mortgage Broker License No. 9627 MBR.

New Mexico

New Mexico Loan Broker License No. 01798

New York

LowerMyBills, Inc.
2401 Colorado Avenue, Suite 200
Santa Monica, CA 90404

Registered Mortgage Broker - New York States Banking Department
RMB No. 202698

LowerMyBills, Inc. is a Registered Mortgage Broker with the State of New York. As a Registered Mortgage Broker, LowerMyBills, Inc. is not empowered to make mortgage loans. All mortgage loans are arranged with third-party providers.

Disclosure

North Carolina

North Carolina Mortgage Lender, License No. L-1222773

North Dakota

North Dakota Money Broker License No. MB 101216

Ohio

LowerMyBills, Inc.
2401 Colorado Avenue, Suite 200
Santa Monica, CA 90404

Ohio Mortgage Broker, License Nos. MB 5659; MB 5660

Oregon

Oregon Mortgage Broker License No. ML 2927

Pennsylvania

Licensed by the Pennsylvania Department of Banking

First Mortgage Broker License No. 10862
Secondary Mortgage Broker License No. 10864

If you choose to transact with a Lender, 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 Lender determines the fee amount. Your loan documents will disclose whether these fees are refundable or nonrefundable.

Variable Interest Rate Disclosure
Pennsylvania’s Loan Interest and Protection Law applies to loans of $50,000 or less. This law requires a Lender offering a mortgage with a variable interest rate to also offer a mortgage with an interest rate that will not change. 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.

South Dakota

South Dakota Mortgage Broker License No. 464

Tennessee

Tennessee Mortgage Broker License No. 2680

Texas

Mortgage Broker/Loan Officer Disclosure

LowerMyBills, Inc. holds a Regulated Loan License in Texas.

Main Office License No. 43521
Branch Office License No. 43923

The information in this disclosure is provided to clarify the nature of LowerMyBills, Inc. ("LMB") relationship, our duties to you, and how we are to be compensated as a Mortgage Broker. This disclosure is a requirement of the Texas Mortgage Broker License Act.

Duties and Nature of Relationship

You, the applicant(s), have requested assistance in obtaining a residential mortgage loan. 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 we will be compensated:

LMB will not charge you, the consumer, a fee to use its service. LMB receives its compensation from the Lender for the goods, facilities and services actually provided by LMB. We do not receive fees up front, but we may later receive fees from the Lender in relation to your loan request. These fees are not refundable under any conditions.

COMPLAINTS REGARDING MORTGAGE BROKERS OR LOAN OFFICERS SHOULD BE SIGNED AND SHOULD BE SENT TO THE TEXAS SAVINGS AND LOAN DEPARTMENT, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

Utah

Utah Mortgage Lender Company License No. 5772187-MLCO

Vermont

Vermont Mortgage Broker License No. 0412 MB
LowerMyBills will act in a brokerage capacity and will not act as your lender or credit provider. LowerMyBills will pass along your inquiry to our lending partners and our lending partners will contact you with their loan product offers.

LowerMyBills provides mortgage information at no cost to you. LowerMyBills will not charge or seek fees of any kind from you. LowerMyBills receives fees from lending partners and may be paid by the lender based on (i) the value of the Mortgage Loan or related servicing rights in the market place or (ii) other 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 LowerMyBills, Inc. You may discontinue this relationship at any time, without notice, at no cost or penalty to you. LowerMyBills does not otherwise represent the interests of either you or the participating Lenders and does not select a loan product for you.

Virginia

Virginia Mortgage Broker License No. MB 2236

Washington

Washington Licensed Mortgage Broker No. 510-MB-25892

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

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. LowerMyBills 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.

We will not collect any fees from you in connection with your completion of a loan request. All fees will be collected by and payable to 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 prohibits discrimination in credit transactions based on race, creed, color, national origin, sex or marital status. The Washington State Human Rights Commission administers compliance with this law.

West Virginia

West Virginia Licensed Mortgage Broker No. MB-20935

Wisconsin

Wisconsin Mortgage Broker License No. 33815
This agreement remains in effect only as long as you seek to use the services offered by LowerMyBills, Inc. 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. LowerMyBills provides mortgage information at no cost to you. LowerMyBills will not charge or seek fees of any kind from you.

LowerMyBills will not act as your lender or credit provider. LowerMyBills will pass along your inquiry to our lending partners and our lending partners will contact you with their 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.

Wyoming

Mortgage Broker License No. 529