REAL ESTATE & COMMERCIAL LENDING

(907) 745-9165 Fax: (907) 745-9168 www.mvfcu.coop

CHECKLIST FOR 10, 15, 20 or 30 YEAR MORTGAGE Thank you for allowing MVFCU the opportunity to discuss your mortgage financing options. In order to provide you with an accurate estimate of the monthly payment and closing expenses associated with a mortgage loan, please provide all the information listed under General Information as shown below. Additional information may be requested in order to complete the processing of your loan application. GENERAL INFORMATION REQUIRED FOR ALL APPLICATIONS Copy of most recent pay stubs covering 30 day period, or printout of this year’s earnings from employer All W-2’s, 1099’s and tax returns for the past 3 years 3 most recent statements on all non-MVFCU deposit/money assets including IRA’s, 401K, etc ADDITIONAL INFORMATION TO PROVIDE IF YOU ARE REFINANCING YOUR HOME Copy of most recent mortgage billing statement Copy of most recent homeowners insurance policy As-Built Survey OTHER INFORMATION THAT MAY BE REQUIRED IF IT APPLIES TO YOU ___ If self-employed, provide your three most current income tax returns ___ If you have a partnership or corporation, provide your 3 most recent business tax returns ___ Evidence of income from Social Security, Retirement, Pension or other sources ___ Evidence of child support obligation or income ___ Written explanation for bankruptcy and copy of Bankruptcy Discharge. If your bankruptcy occurred within the past 5 years you will also need to provide a copy of Schedule F from the Bankruptcy filing ___ Written explanation for any property foreclosure or deed in lieu of foreclosure You must be a member of MVFCU in order to apply for a mortgage with us. When completing the Uniform Residential Loan Application please be as accurate as possible with balances on your deposit accounts and your debts. It is not necessary to list account numbers for your consumer debts. When purchasing a home you are typically required to document the source of your funds for closing. Please talk with us if your money for down payment and closing costs will come from a source other than your own savings. Most closing and down payment funds will be paid at closing but must be verified prior to loan approval. Mortgage interest rates can fluctuate daily. Until your interest rate is locked-in all rates are subject to change without notice. Feel free to contact us if you have questions about providing any of the items mentioned above. We look forward to speaking in greater detail with you about a mortgage loan. From the Mat-Su Valley: 745-9165 From Eagle River or Anchorage: 694-4891, ext. 167 or 166 Fax: (907) 745-9168

Building Better Financial Futures! This Credit Union is federally insured by the National Credit Union Administration. NMLS #418470

Uniform Residential Loan Application Freddie Mac Form 65 7/05 (rev.6/09) Page 1 of 5 Fannie Mae Form 1003 7/05 (rev.6/09)

Uniform Residential Loan Application ___________________________________________________________________________________________________________________________________________________________________ This application is designed to be completed by the applicant(s) with the Lender’s assistance. Applicants should complete this form as “Borrower” or “Co-Borrower,” as applicable. Co-Borrower information must also be provided (and the appropriate box checked) when the income or assets of a person other than the Borrower (including the Borrower’s spouse) will be used as a basis for loan qualification or the income or assets of the Borrower’s spouse or other person who has community property rights pursuant to state law will not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person has community property rights pursuant to applicable law and Borrower resides in a community property state, the security property is located in a community property state, or the Borrower is relying on other property located in a community property state as a basis for repayment of the loan.

If this is an application for joint credit, Borrower and Co-Borrower each agree that we intend to apply for joint credit (sign below):

_________________________________________ _________________________________________ Borrower Co-Borrower

I. TYPE OF MORTGAGE AND TERMS OF LOANMortgage Applied for:

VA Conventional Other (explain): FHA USDA/Rural

Housing Service

Agency Case Number Lender Case Number

Amount $

Interest Rate %

No. of Months Amortization Type: Fixed Rate GPM

Other (explain): ARM (type):

II. PROPERTY INFORMATION AND PURPOSE OF LOANNo. of Units Subject Property Address (street, city, state & ZIP)

Legal Description of Subject Property (attach description if necessary) Year Built

Purpose of Loan Purchase Construction Other (explain): Refinance Construction-Permanent

Property will be: Primary Residence Secondary Residence Investment

Complete this line if construction or construction-permanent loan. Year Lot Acquired

Original Cost

$

Amount Existing Liens

$

(a) Present Value of Lot

$

(b) Cost of Improvements

$

Total (a + b)

$

Complete this line if this is a refinance loan. Year Acquired

Original Cost

$

Amount Existing Liens

$

Purpose of Refinance Describe Improvements

Cost: $

made to be made

Estate will be held in: Fee Simple

Title will be held in what Name(s) Manner in which Title will be held

Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain) Leasehold (show

expiration date)

Borrower III. BORROWER INFORMATION Co-Borrower Borrower’s Name (include Jr. or Sr. if applicable) Co-Borrower’s Name (include Jr. or Sr. if applicable)

Social Security Number Home Phone (incl. area code)

DOB (mm/dd/yyyy) Yrs. School Social Security Number Home Phone (incl. area code)

DOB (mm/dd/yyyy) Yrs. School

Dependents (not listed by Co-Borrower) Dependents (not listed by Borrower) Married Unmarried (include Separated single, divorced, widowed)

no. ages

Married Unmarried (include Separated single, divorced, widowed)

no. ages

Present Address (street, city, state, ZIP) Own Rent ____No. Yrs. Present Address (street, city, state, ZIP) Own Rent ____No. Yrs.

Mailing Address, if different from Present Address Mailing Address, if different from Present Address

If residing at present address for less than two years, complete the following:

Former Address (street, city, state, ZIP) Own Rent ____No. Yrs. Former Address (street, city, state, ZIP) Own Rent ____No. Yrs.

Borrower IV. EMPLOYMENT INFORMATION Co-Borrower Yrs. on this job Yrs. on this job Name & Address of Employer Self Employed

Yrs. employed in this line of work/profession

Name & Address of Employer Self Employed

Yrs. employed in this line of work/profession

Position/Title/Type of Business Business Phone (incl. area code) Position/Title/Type of Business Business Phone (incl. area code)

If employed in current position for less than two years or if currently employed in more than one position, complete the following:

Dates (from – to) Dates (from – to) Name & Address of Employer Self Employed

Monthly Income

$

Name & Address of Employer Self Employed

Monthly Income

$

Position/Title/Type of Business Business Phone

(incl. area code)

Position/Title/Type of Business Business Phone

(incl. area code)

Dates (from – to) Dates (from – to) Name & Address of Employer Self Employed

Monthly Income

$

Name & Address of Employer Self Employed

Monthly Income

$

Position/Title/Type of Business Business Phone

(incl. area code)

Position/Title/Type of Business Business Phone

(incl. area code)

Base Empl. Income* $ $ $ Rent $

Overtime First Mortgage (P&I) $

Bonuses Other Financing (P&I)

Commissions Hazard Insurance

Dividends/Interest Real Estate Taxes

Net Rental Income Mortgage Insurance

Homeowner Assn. Dues Other (before completing, see the notice in “describe other income,” below) Other:

$ $ $ $ $

Notice:

B/C Monthly Amount

$

This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-Borrowers if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the Co-Borrower section was completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed about that spouse or other person also.

Completed Jointly Not Jointly

Description Cash deposit toward purchase held by:

$

List the creditor’s name, address, and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities, which will be satisfied upon sale of real estate owned or upon refinancing of the subject property.

List checking and savings accounts below

Name and address of Bank, S&L, or Credit Union Name and address of Company $ Payment/Months $

Acct. no. $ Acct. no.

Name and address of Bank, S&L, or Credit Union Name and address of Company $ Payment/Months $

Acct. no. $ Acct. no.

Name and address of Bank, S&L, or Credit Union Name and address of Company $ Payment/Months $

Acct. no. $ Acct. no.

Name and address of Bank, S&L, or Credit Union Name and address of Company $ Payment/Months $

Acct. no. $ Acct. no.

Stocks & Bonds (Company name/ number & description)

$ Name and address of Company $ Payment/Months $

Acct. no.

$ Name and address of Company $ Payment/Months $Life insurance net cash value

Face amount: $

$

Real estate owned (enter market value from schedule of real estate owned)

$

Vested interest in retirement fund $

Net worth of business(es) owned

(attach financial statement)

$

Acct. no.

$Alimony/Child Support/Separate Maintenance Payments Owed to:

$Automobiles owned (make and year)

$ Job-Related Expense (child care, union dues, etc.) $Other Assets (itemize)

$ $$ Net Worth

(a minus b)

(If additional properties are owned, use continuation sheet.)

Property Address (enter S if sold, PS if pending sale or R if rental being held for income) Type of

Property Present

Market Value

Amount

of Mortgages

& Liens

Gross

Rental Income

Mortgage Payments

Insurance, Maintenance,

Taxes & Misc.

Net Rental Income

$ $ $ $ $ $

Totals $ $ $ $ $ $

Alternate Name Creditor Name Account Number

a. Purchase price $

b. Alterations, improvements, repairsa. Are there any outstanding judgments against you?

c. Land (if acquired separately) b. Have you been declared bankrupt within the past 7 years?

d. Refinance (incl. debts to be paid off) c. Have you had property foreclosed upon or given titleor deed in lieu thereof in the last 7 years?

e. Estimated prepaid items d. Are you a party to a lawsuit?

f. Estimated closing costs

g. PMI, MIP, Funding Fee

h. Discount (if Borrower will pay)

i. Total costs (add items a through h)

e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of titlein lieu of foreclosure, or judgment?

(This would include such loans as home mortgage loans, SBA loans, home improvement loans, educational loans, manufactured (mobile) home loans, any mortgage, financial obligation, bond, or loan guarantee. If “Yes,” provide details, including date, name, and address of Lender, FHA or VA case number, if any, and reasons for the action.)

VII. DETAILS OF TRANSACTION VIII. DECL4R4TIONS

If you answer "Yes" to any question a through i, please use Borrower Co-Borrower

j. Subordinate financing continuation sheet for explanation. Yes No Yes No

f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond,

k. Borrower's closing costs paid by or loan guarantee?Seller g. Are you obligated to pay alimony, child support, or

separate maintenance? h. Is any part of the down payment borrowed?

I. Other Credits ( explain) i. Are you a co-maker or endorser on a note?

m. Loan amount ( exclude PMI, MIP, Funding Fee financed)

j. Are you a U.S. citiz.en?

n. PMI, MIP, Funding Fee financed k. Are you a permanent resident alien?

0. Loan amount I. Do you intend to occupy the property as your primary

(add m&n) residence?

If Yes," complete question m below. p. Cash from/to Borrower

(subtract j, k, 1 & o from i)m. Have you had an ownership interest in a property in the last

three years? (1) What type of property did you own-----principal resideoce (PR), second home (SH), or investmeot property (IP)? (2) How did you hold title to the home- hy yourself (S), jointly with your spouse (SP), or jointly with another person (O)?

IX. ACKNOWLEDGEMENT AND AGREEMENT

Each of the undersigned specifically represents to Leoder and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided in this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary damages, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or incriminal peoalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the "Loan") will be secured hy a mortgage or deed of trust on the property described in this application; (3) the property will not be used for any illegal or prohibited purpose or use; ( 4) all statements made in this application are made for the purpose of obtaining a residential mortgage loan; (5) the property will be occupied as indicated in this application; (6) the Lender, its servicers, successors or assigns mayretain the original and/or an electronic record of this application, whether or not the Loan is approved; (7) the Lender and its agents, brokers, insurers, servicers, successors, and assigns may continuously rely on the information contained in the application, and I am obligated to ameod and/or supplement the information provided in this application if any of the material facts that I have represented herein should change prior to closing of the Loan; (8 ) in the event that my payments on the Loan become delinqueot, the Lender, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; (9) ownership of the Loan and/or administration of the Loan account may be tra nsferred with such notice as m ay be require d hy law; (10) neither Lender nor i ts ageots, brokers, insurers, servicers, successors or assigns has made any represeotation or warranty, express or implied, to me regarding the property or the condition or value of the property; and (11) my transmission of this application as an "electronic record" containing my" electronic signature," as those terms are defmed in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my s ignature, shall be aseffective, enforceable and valid as if a paper version of this application were delivered containiog my original written signature.

Acknowledgement. Each of the undersigned hereby acknowledges that any owner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this application or_ obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency.

Borrower's Signature X

Loan Originator's Signature

X

Loan Originator's Name (print or type)

Loan Origination Company's Name

Uniform Residential Loan Application

Freddie Mac Form 65 7/05 (rev.6/09)

I Date

I �-Borrower's Signature

I Date

Date

Loan Originator Identifier Loan Originator's Phone Number (including area code)

Loan Origination Company Identifier Loan Origination Company's Address

Page 4 ofS Fannie Mae Form 1003 7/05 (rev.6/09)

Uniform Residential Loan Application Freddie Mac Form 65 7/05 (rev.6/09) Page 5 of 5 Fannie Mae Form 1003 7/05 (rev.6/09)

CONTINUATION SHEET/RESIDENTIAL LOAN APPLICATION

Borrower: Agency Case Number: Use this continuation sheet if you need more space to complete the Residential Loan Application. Mark B f or Borrower or C for Co-Borrower.

Co-Borrower: Lender Case Number:

______________________________________________________________________________________________________________________________________________ I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of the above facts as applicable under the provisions of Title 18, United States Code, Section 1001, et seq.

Borrower’s Signature X

Date Co-Borrower’s SignatureX

Date

Demographic Information Addendum. This section asks about your ethnicity, sex, and race.

Demographic Information of Borrower

The purpose of collecting this information is to help ensure that all applicants are treated fairly and that the housing needs of communities and neighborhoods are being fulfilled. For residential mortgage lending, Federal law requires that we ask applicants for their demographic information (ethnicity, sex, and race) in order to monitor our compliance with equal credit opportunity, fair housing, and home mortgage disclosure laws. You are not required to provide this information, but are encouraged to do so. You may select one or more designations for "Ethnicity" and one or more designations for "Race." The law provides that we may not discriminate on the basis of this information, or on whether you choose to provide it. However, if you choose not to provide the information and you have made this application in person, Federal regulations require us to note your ethnicity, sex, and race on the basis of visual observation or surname. The law also provides that we may not discriminate on the basis of age or marital status information you provide in this application. If you do not wish to provide some or all of this information, please check below.

Ethnicity: Check one or more

D Hispanic or Latino D Mexican D Puerto Rican D Cuban D Other Hispanic or Latino -Print origin:

For example: Argentinean, Colombian, Dominican, Nicaraguan, Salvadoran, Spaniard, and so on.

D Not Hispanic or Latino D I do not wish to provide this information

Sex

D Female D Male D I do not wish to provide this information

Race: Check one or more

D American Indian or Alaska Native - Print name of enrolled

or principal tribe: _________________ _

D Asian D Asian Indian D Chinese D Japanese D Korean D Other Asian - Print race:

D Filipino D Vietnamese

--------------

For example: Hmong, Laotian, Thai, Pakistani, Cambodian, and so on.

D Black or African American D Native Hawaiian or Other Pacific Islander

D Native Hawaiian D Guamanian or Chamorro D Samoan D Other Pacific Islander - Print race:

For example: Fijian, Tongan, and so on.

D White

D I do not wish to provide this information

To Be Completed by Financial Institution (for application taken in person):

Was the ethnicity of the Borrower collected on the basis of visual observation or surname? Was the sex of the Borrower collected on the basis of visual observation or surname? Was the race of the Borrower collected on the basis of visual observation or surname?

The Demographic Information was provided through:

ONO OYES ONO OYES ONO OYES

0 Face-to-Face Interview (includes Electronic Media w/Video Component) OTelephone Interview O Fax or Mail O Email or Internet

Borrower Name:. __________________ _ Uniform Residential Loan Application Freddie Mac Form 65 • Fannie Mae Form 1003 Revised 09/2017

Demographic Information Addendum. This section asks about your ethnicity, sex, and race.

Demographic Information of Borrower

The purpose of collecting this information is to help ensure that all applicants are treated fairly and that the housing needs of communities and neighborhoods are being fulfilled. For residential mortgage lending, Federal law requires that we ask applicants for their demographic information (ethnicity, sex, and race) in order to monitor our compliance with equal credit opportunity, fair housing, and home mortgage disclosure laws. You are not required to provide this information, but are encouraged to do so. You may select one or more designations for "Ethnicity" and one or more designations for "Race." The law provides that we may not discriminate on the basis of this information, or on whether you choose to provide it. However, if you choose not to provide the information and you have made this application in person, Federal regulations require us to note your ethnicity, sex, and race on the basis of visual observation or surname. The law also provides that we may not discriminate on the basis of age or marital status information you provide in this application. If you do not wish to provide some or all of this information, please check below.

Ethnicity: Check one or more

D Hispanic or Latino D Mexican D Puerto Rican D Cuban D Other Hispanic or Latino -Print origin:

For example: Argentinean, Colombian, Dominican, Nicaraguan, Salvadoran, Spaniard, and so on.

D Not Hispanic or Latino D I do not wish to provide this information

Sex

D Female D Male D I do not wish to provide this information

Race: Check one or more

D American Indian or Alaska Native - Print name of enrolled

or principal tribe: _________________ _

D Asian D Asian Indian D Chinese D Japanese D Korean D Other Asian - Print race:

D Filipino D Vietnamese

--------------

For example: Hmong, Laotian, Thai, Pakistani, Cambodian, and so on.

D Black or African American D Native Hawaiian or Other Pacific Islander

D Native Hawaiian D Guamanian or Chamorro D Samoan D Other Pacific Islander - Print race:

For example: Fijian, Tongan, and so on.

D White

D I do not wish to provide this information

To Be Completed by Financial Institution (for application taken in person):

Was the ethnicity of the Borrower collected on the basis of visual observation or surname? Was the sex of the Borrower collected on the basis of visual observation or surname? Was the race of the Borrower collected on the basis of visual observation or surname?

The Demographic Information was provided through:

ONO OYES ONO OYES ONO OYES

0 Face-to-Face Interview (includes Electronic Media w/Video Component) OTelephone Interview O Fax or Mail O Email or Internet

Co-Borrower Name:. __________________ _ Uniform Residential Loan Application Freddie Mac Form 65 • Fannie Mae Form 1003 Revised 09/2017

Building Better Financial Futures! Palmer • Wasilla • Willow • Eagle River • Big Lake • Seward Meridian • Sunshine • Hawaii

This credit union is federally insured by the National Credit Union Administration. NMLS #418470

WASILLA501 N. Main St., Ste. 120

Wasilla, AK 99654Ph: (907) 745-9165

Fax: (907) 745-9168

PALMER1020 S. Bailey St.

Palmer, AK 99645 Ph: (907) 745-9165

Fax: (907) 745-9115

EAGLE RIVER1180 Business Blvd.

Eagle River, AK 99577 Ph: (907) 694-4633

Fax: (907) 694-7701

HAWAII94-144 Farrington Hwy., Ste. 114

Waipahu, HI 96797 Ph: (808) 208-0320 Fax: (808) 677-6208

REAL ESTATE AND COMMERCIAL LENDING

www.mvfcu.coop

Name: Date of Birth:

Date of Birth

Mailing Address:

Physical Address:

Name:

AUTHORIZATION TO OBTAIN CREDIT and/or PAYOFF INFORMATION I hereby grant permission to MATANUSKA VALLEY FEDERAL CREDIT UNION (MVFCU) to obtain any and all

information deemed necessary to process my real estate or mortgage loan application. This information includes, but is not limited to, my present and past employment status, my deposit accounts, my present and past consumer credit record, my mortgage and/or rent payment records, and payoff information on any of my existing loans.

I also authorize my creditors and employers to release to any credit bureau and/or to any employee or representative of the MATANUSKA VALLEY FEDERAL CREDIT UNION telephonically, as well as in writing, any information they may require, including data on my current and previous credit history, employment and income, and payoff information. My authorization to release payoff information (including but not limited to the principal balance, interest owed, per diem, and additional charges due upon payoff) extends to any title company. I/we authorize a fax fee and/or other charges as necessary to produce a requested payoff statement.

I also grant permission to accept a photographic copy of this form containing my signature to obtain or provide any information regarding the items mentioned above.

__________________________________________________________________________________________________ Borrower’s Signature Social Security Number Date

__________________________________________________________________________________________________ Co-Borrower’s Signature Social Security Number Date

EQUAL CREDIT OPPORTUNITY ACT: The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (with certain limited exceptions); 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 federal agency that administers compliance with this law concerning MVFCU is the:

NATIONAL CREDIT UNION ADMINISTRATION (NCUA) Office of Examination and Insurance

Alexandria, VA. 22314-3428

Page | 1

NOTICES AND DISCLOSURES Thank you for applying for a secondary market mortgage loan with Matanuska Valley Federal Credit Union (MVFCU). The following Notices and Disclosures are provided to help you better understand the law and the practices we follow.

NOTICE REQUIRED UNDER EQUAL CREDIT OPPORTUNITY ACT The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit

applicants on the basis of race, color, religion, national origin, sex, marital status, age (with certain limited exceptions); 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 federal agency that administers compliance with this law concerning MVFCU is: National Credit Union Administration (NCUA) Office of Examination and Insurance Alexandria, VA. 22314-3428.

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 of conditions in the neighborhood or geographical area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such a 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, religions or national origin composition of a neighborhood or geographical area surrounding a housing accommodation or whether or not, 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/borrower. If you have any questions about your rights or you wish to file a complaint, contact the General Manager of MVFCU or: National Credit Union Administration (NCUA) Office of Examination and Insurance Alexandria, VA. 22314-3428.

NOTICE REQUIRED BY THE RIGHT TO FINANCIAL PRIVACY ACT This is notice to you as required by the Right to Financial Privacy Act of 1978 that the Department

of Housing and Urban Development (HUD, in the case of an FHA loan) or the Veterans Administration Guaranty Service or Division (in the case of a VA loan) has the right of access to financial records held by a financial institution in connection with the consideration or administration of assistance to you. Financial records involving your transaction will be available to VA and HUD/FHA without further notice or authorization but will not be disclosed or released by this institution to another Government Agency or Department without your consent except as required or permitted by law.

The Debt Collection Act of 1982, Pub. Law 97-365, and HUD’s Housing and Community Development Act of 1987, 42 U. S. C. 3543, require persons applying for a federally insured or guaranteed loan to furnish his/her social security number (SSN). Failure to provide any requested information, including SSN, may result in disapproval of your loan application.

NOTICE REGARDING THE FAIR AND ACCURATE CREDIT TRANSACTIONS ACT OF 2003 (FACT ACT)

In accordance with the Fair and Accurate Credit Transactions Act of 2003 (FACT Act) we are advising you that we may report information about your loan account to consumer reporting agencies or credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

Initials: ______ ______

Page | 2

EMPLOYMENT AND FINANCIAL STATUS CERTIFICATION An approval for a loan is based upon employment, income and obligations as shown on the loan

application and supporting documentation. At closing you will be required to execute a sworn statement affirming that you are currently working as previously reported, have not received notice of nor have knowledge of pending layoff or termination of your employment, and that the outstanding obligations are substantially the same as reported on the loan application. You are required to advise your loan officer immediately should anything regarding your income or debts change prior to closing and recording of your loan. If you close your loan without reporting such changes your loan could be considered in default.

NOTICE REGARDING FEES Any fees paid at application or during the processing of your loan will be non-refundable unless

the fee was for a specific report or service that had not yet been ordered or performed. If you pay a fee to lock an interest rate the lock fee will not be refundable. If your loan is fully processed, underwritten and approved and you decide to cancel or transfer the loan application for reasons other than loss of loan program funding or substantial change of interest rate you will be considered liable for a loan cancellation fee equal to the higher of $750 or 1% of the approved loan amount.

BORROWERS CHOICE OF HAZARD INSURANCE PROVIDER You have the right to choose the carrier of the required hazard insurance, subject to approval by

MVFCU. MVFCU has the right to designate reasonable financial requirements and adequacy of coverage. The first year’s premium for all required insurance coverage must be paid in full at or before closing. If your loan is a refinance transaction all insurance premiums due within 60 days of closing will be paid at closing. All required insurance must be in effect at closing. Your closing may be delayed if you have not advised MVFCU of your selected insurance agent at least 3 days prior to closing.

HAZARD INSURANCE: Hazard insurance coverage is required for at least the amount of the loan. The maximum allowable deductible is the higher of $1,000 or 1% of your homeowners insurance policy coverage.

EARTHQUAKE INSURANCE: Earthquake insurance is not required by MVFCU. Damage related to earthquake is not included in Hazard Insurance coverage. You should consult your insurance agent with questions related to this or other hazard insurance coverage.

FLOOD INSURANCE: If it is determined that the property securing your loan is located in a special flood hazard boundary area you will be advised and flood insurance coverage equal to at least the amount of the loan will be required.

ESCROW OR RESERVE ACCOUNT WAIVER FEE Property taxes and Hazard Insurance are normally collected with the monthly mortgage payment.

These funds are held in an Escrow or Reserve account until due. If your loan is a Conventional loan and is less than 80% of the lower of the appraised value or purchase price you will have the option to waive the Escrow or Reserve Account. If you opt to waive the Escrow/Reserve account you will be charged a fee to do so. The fee will be your choice of .25% of your loan amount or .125% increase to the interest rate. Please indicate your preference here: I want to waive the Escrow Account: _____ I do not want to waive the Escrow Account:____

Initials: ______ ______

Page | 3

INTEREST RATE NOTIFICATION The interest rate and/or discount points reflected in the loan application and Good Faith Estimate

are those which are in effect for the requested loan program on the day of application or disclosure. MVFCU makes no guarantee or promise that the loan program, interest rate and/or discount points shown on the loan application and Good Faith Estimate will be available in the future. All interest rates and discount points are subject to change without notice depending upon availability of loan programs and interest rate market conditions. MVFCU is not required to notify you of such changes. A substantial interest rate increase or cessation of the requested loan program can cause a previously pre-approved loan to be declined.

It is your responsibility to stay aware of interest rate changes by contacting your MVFCU Mortgage Services loan officer using either the telephone or the Internet. You must authorize an interest rate lock prior to closing; a request for a rate lock can be refused if MVFCU believes that the requested loan cannot be closed and delivered to its secondary market prior to the requested interest rate lock-in expiration. MVFCU cannot guarantee or promise a specific loan program, interest rate or discount points until an Interest Rate Lock confirmation has been obtained. Once you have locked the interest rate you will not be able to adjust the interest rate and the loan term cannot be changed. A Lock-In Request & Agreement must be signed at the time of the interest rate lock.

ACKNOWLEDGEMENT and AGREEMENT MVFCU makes no promise that the secondary market will purchase the requested loan or that

funds will be available under the requested loan program. If the loan program funds are not available or if the loan application or private mortgage insurance application is denied MVFCU may cease further processing of your loan application and consider the application cancelled.

By signing below, I agree that MVFCU is not responsible for any denial of credit or required private mortgage insurance, a change in the interest rates, an increase in discount points, or a cessation of a loan program or loan program funding. I understand that MVFCU cannot guarantee a specific interest rate or discount points until I have signed a Lock-in Request and Agreement and a Locked Rate confirmation has been obtained. I understand that once I sign a Lock-in Request and Agreement, I may not be able to adjust the term of my loan or the locked interest rate.

________________________________________/__________________ Applicant’s signature Date

________________________________________/__________________ Co-Applicant’s signature Date

LOCK-IN DISCLOSURE The interest rate and/or discount points reflected in your loan application and Good Faith Estimate are those which are in effect for the requested loan program on the day of application or disclosure. MVFCU makes no guarantee or promise that the requested loan program, interest rate and/or discount points shown in the loan application or Good Faith estimate will be available in the future.

You should discuss your rate lock options with your MVFCU loan officer prior to locking in the interest rate (“Locked Rate”) for your mortgage loan application. This will enable you to make an informed decision regarding the Locked Rate time period that best meets your needs. Rate lock options will vary depending upon the nature of your transaction and the intended investor or loan type. Generally speaking, the following rate lock options are available for most loan programs: 15 days, 30 days, 45 days, 60 days and 90 days. Other options may be available depending upon the type of loan you have requested. A Locked Rate Fee may be required to secure the desired rate lock period. If your loan is a refinance transaction the lock in period will be reduced by 10 days in order to allow for the Right of Rescission period required by law.

Locked Rate Fees: We do not charge a Locked Rate fee for a 15 or 30 day rate lock. Typically, the Locked Rate fee for a 45-day interest rate lock will cost .125% of the loan amount. A 60-day interest rate lock will cost .375% of the loan amount. A 90-day interest rate lock will cost .50% of the loan amount. All locked rate fees must be pre-paid and are non-refundable.

1) It is your responsibility to monitor the daily interest rates. You may do so by contacting your MVFCU loan officer eitherby telephone or e-mail, or by monitoring www.mvfcu.com. Interest rates can change every day and in some casesseveral times a day. Your loan will be subject to interest rate changes until the loan interest rate is locked in. Pleasecontact your Loan Officer before 2:00pm if you wish to lock an interest rate.

2) MVFCU can refuse to lock the interest rate on the loan if the requested Locked Rate period is not adequate to allow forclosing and delivery of the loan. If your loan is a refinance transaction the lock in period will be reduced by 10 days inorder to allow for the Right of Rescission period required by law.

3) It is your sole responsibility to inform your MVFCU loan officer when you are ready to lock in the interest rate on your loanrequest. Once you have chosen your Locked Rate and your loan application has been fully underwritten and approved,you are committed to close your loan at the Locked Rate and term regardless of any interest rate or loan programchanges between the date you selected your Locked Rate and the closing of your loan. If your loan is not approvedunder the requested loan program the Locked Rate will be cancelled. Your Locked Rate fee may not be refundable evenif your application is denied; MVFCU will make every effort to refund all or part of the Locked Rate fee.

4) If your rate has been locked with an investor and then you elect to withdraw the application or break the lock in any otherway, you will be charged a Lock Cancellation Fee of $350. Depending upon market conditions, you may be required topay a “pair off” fee. (Pair off fee is calculated based upon the difference between the rate you locked at and the rate atthe time you cancelled your rate.) The Lock Cancellation Fee is in addition to any Loan Cancellation Fee.

I have read, understand, and acknowledge receipt of a copy of this Lock–In Disclosure.

_________________________________________ _____________________________________________ Applicant Date Co-Applicant Date

Building Better Financial Futures! Palmer • Wasilla • Willow • Eagle River • Big Lake • Seward Meridian • Sunshine • Hawaii

This credit union is federally insured by the National Credit Union Administration. NMLS #418470

WASILLA501 N. Main St., Ste. 120

Wasilla, AK 99654Ph: (907) 745-9165

Fax: (907) 745-9168

PALMER1020 S. Bailey St.

Palmer, AK 99645 Ph: (907) 745-9165

Fax: (907) 745-9115

EAGLE RIVER1180 Business Blvd.

Eagle River, AK 99577 Ph: (907) 694-4633

Fax: (907) 694-7701

HAWAII94-144 Farrington Hwy., Ste. 114

Waipahu, HI 96797 Ph: (808) 208-0320 Fax: (808) 677-6208

REAL ESTATE AND COMMERCIAL LENDING

www.mvfcu.coop

REAL ESTATE & COMMERCIAL LENDING

501 N Main St., Ste 120 Wasilla, Alaska 99654

907) 745-9165 Fax: (907) 745-9168

www.mvfcu.coop

ELECTRONIC COMMUNICATIONS AGREEMENT

We may send you information and documents by email related to your loan or in reference to other inquiries if you so choose to receive them in said way. If required by law, and unless you have provided us with consent to receive electronic communications as required by the Electronic Signatures in Global and National Commerce Act (ESIGN Act), such information may also be provided in hard copy. Note that this document does not provide actual e-sign consent. If you would like to receive email from us, please provide your preferred email address below. We will never request personal or sensitive information via email from you. I would like to receive emails from Matanuska Valley Federal Credit Union at the following email address: __________________________________________________________________ (e-mail address) I understand that I am not required to consent to the electronic delivery of information or documents and separate ESIGN Act consumer consent to electronic delivery may be required for certain types of communications. BORROWER: X_____________________________________________________ ___________

Date

Building Better Financial Futures Palmer • Wasilla • Willow • Eagle River • Big Lake • Seward Meridian

Sunshine • Meadow Lakes • Palmer Carrs • Knik Goose Bay This credit union is federally insured by the National Credit Union Administration.

NMLS #418470

REAL ESTATE & COMMERCIAL LENDING

501 N Main St., Ste 120 Wasilla, Alaska 99654

907) 745-9165 Fax: (907) 745-9168

www.mvfcu.coop

ELECTRONIC COMMUNICATIONS AGREEMENT

We may send you information and documents by email related to your loan or in reference to other inquiries if you so choose to receive them in said way. If required by law, and unless you have provided us with consent to receive electronic communications as required by the Electronic Signatures in Global and National Commerce Act (ESIGN Act), such information may also be provided in hard copy. Note that this document does not provide actual e-sign consent. If you would like to receive email from us, please provide your preferred email address below. We will never request personal or sensitive information via email from you. I would like to receive emails from Matanuska Valley Federal Credit Union at the following email address: __________________________________________________________________ (e-mail address) I understand that I am not required to consent to the electronic delivery of information or documents and separate ESIGN Act consumer consent to electronic delivery may be required for certain types of communications. BORROWER: X_____________________________________________________ ___________

Date

Building Better Financial Futures Palmer • Wasilla • Willow • Eagle River • Big Lake • Seward Meridian

Sunshine • Meadow Lakes • Palmer Carrs • Knik Goose Bay This credit union is federally insured by the National Credit Union Administration.

NMLS #418470

Member #______________

Property Appraisal Acknowledgement and Receipt Approval of loans using real estate as collateral requires that current value of the real estate be established. MVFCU is requiring an appraisal report be obtained from an appraiser approved by MVFCU in order to establish a basis of value for the property being submitted for collateral. An MVFCU Mortgage Services employee will order the property appraisal report. MVFCU is not implying or guaranteeing that your loan will be approved, even after the findings of the appraisal report have been reviewed. It is possible that additional information may be required after review of the appraisal report. Once the appraisal report has been ordered by MVFCU the cost of the report is non-refundable whether credit is extended or denied or if the applications is incomplete or withdrawn. Funds collected in excess of the appraiser’s billing will be returned to you. You will be provided with a copy of the appraisal report, at no cost to you, upon completion or three business days prior to loan closing unless you waive the timing requirement and agree to receive a copy the day of closing. This waiver must be obtained at least three business days prior to closing. I hereby acknowledge that I have read and understand the above and authorize Matanuska Valley Federal Credit Union to order an appraisal report for my loan request. ______________________________________________ __________________________ Member Signature Date Receipt of $_________________is acknowledged as a deposit for the property appraisal report. ______________________________________________ ____________________________ MVFCU Employee Signature Date

Title Search Acknowledgement and Receipt The three major components that MVFCU must consider in making a real estate loan are creditworthiness, adequacy of property for collateral, and the status of title to the property. A preliminary title search of the property is ordered after your loan application has been processed and approved for creditworthiness and suitability of property. In order to conduct the title search MVFCU requires your permission and a deposit of $250.00. If, for any reason, the loan does not close or if other real estate is substituted, this fee is non-refundable and will be paid to the title insurance company to cover their Title Cancellation Fee which is charged in accordance with state statue. If the loan closes, the $250 title search deposit will be applied toward the title Search and title insurance expenses. I acknowledge that I have read and understand the above and authorize Matanuska Valley Federal Credit Union to order a preliminary title search for my loan request. ____________________________________________ ______________________________ Member Signature Date Receipt of $250.00 is acknowledged for the title search deposit. ____________________________________________ _______________________________ MVFCU Employee Signature Date MtgWordShare/Forms/Appraisal & Title Search Acknowledgement & Receipt

Individual(s) Taxpayer Consent to the Use of Tax Return Information

C:\Users\Mobile Marketing\Downloads\Individual Taxpayer Consent Form 2020 Draft.doc 1

Lender: Matanuska Valley Federal Credit Union

I understand and agree that Lender may obtain, use and share my state and/or federal tax return

information for purposes of: 1) reviewing and responding to my loan application; 2) originating

the loan; 3) servicing the loan; 4) selling or transferring all or a part of the loan or any interest in

it; and (5) internal marketing analysis, marketing to me, and other marketing as permitted by law.

I understand to accomplish these purposes Lender may need to share this information with Third

Parties, including loan servicers, actual or potential purchasers or investors in loans, government

agency loan guarantors, mortgage insurers, marketing companies, etc., depending on the type of

loan I have applied for, and I agree to such information sharing for these purposes. For the

purpose of this consent to sharing tax return information, Lender and Third Parties includes the

affiliates, agents, and any successors or assigns of Lender and Third Parties.

I declare that I am either a taxpayer whose name is shown on the return(s), or a person

authorized to obtain and release said tax information. If the request applies to a joint return, at

least one spouse’s signature is required.

Primary Taxpayer Date

Joint Taxpayer Date