mortgage broker agreement

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Mortgage Broker Agreement  ___________________, referred to as BROKER, and the estate of  ___________________, referred to as CLIENT , agree: Client is desiros of o!taining a mortgage loan on the follo"ing terms: Loan to !e se#red !$ the follo"ing des#ri!ed real %ro%ert$:  ____________________________________________________ __________ Minimm amont of loan: &____________'___________(___)*++ dollars Ma-imm amont of loan: &____________'___________(___)*++ dollars Ma-imm interest rate as an A.R nder reglation /: _____0 Re%a$ment terms: ___________________________________________ .ersonal garantees: _______________________________________ Other terms: _______________________________________________ BROKER shall a#t as the e-# l si1e !roker for CLIENT in o!t aini ng the mortgage des#ri!ed a!o1e for ___ months from the date of e-e#tion of this agreement2 3%on o!taining a loan #onforming to the s%e#ifi#ations set forth, BROKER shall !e entitled to a #ommission of _______0 of the %rin#i%al amont of the loan of the loan2 4ring the term of this agreement, CLIENT agrees that it "ill: kee% the %ro%ert$ insred for a minimm amont of &____ '_______________(___)*++ dollars5 to kee% the %remises in good re%air5 to inform the BROKER immediatel$ of an$ #hange in rent rolls 'if the %remises are rented5 to %ro1ide all reasona!le #oo%eration re6ested !$ BROKER2 CLIENT agrees to %ro1ide %on BROKER7s re6est: finan#ial statements or information regarding CLIENT and an$ #o8signors %ro%osed5 !ona fide loan %r o#essing fees re6ested !$ entities seeking to %ro1ide loans to CLIENT, not e-#eeding &_____'_______________(___)*++ dollars "ithot the %rior %ermission of the CLIENT2 BROKER shall gi1e reasona!le and reglar stats re%orts to CLIENT regarding all rele1ant de1elo%ments dring the %eriod of this agreement to CLIENT2 BROKER and CLIENT shall mtall$ non8dis#lose an$ information %ro1ided !$ one anothe r and shall take all reasona!le ste%s to non8dis#lose the informat ion %ro1ided to one another2 4ated: _______________________________  _________________ Broker  _________________ Client

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Page 1: Mortgage Broker Agreement

8/11/2019 Mortgage Broker Agreement

http://slidepdf.com/reader/full/mortgage-broker-agreement 1/2

Mortgage Broker Agreement

 ___________________, referred to as BROKER, and the estate of  ___________________, referred to as CLIENT, agree:

Client is desiros of o!taining a mortgage loan on the follo"ing terms:

Loan to !e se#red !$ the follo"ing des#ri!ed real %ro%ert$: ______________________________________________________________ 

Minimm amont of loan: &____________'___________(___)*++ dollarsMa-imm amont of loan: &____________'___________(___)*++ dollarsMa-imm interest rate as an A.R nder reglation /: _____0Re%a$ment terms: ___________________________________________.ersonal garantees: _______________________________________ Other terms: _______________________________________________ 

BROKER shall a#t as the e-#lsi1e !roker for CLIENT in o!taining the mortgagedes#ri!ed a!o1e for ___ months from the date of e-e#tion of this agreement2

3%on o!taining a loan #onforming to the s%e#ifi#ations set forth, BROKER shall !eentitled to a #ommission of _______0 of the %rin#i%al amont of the loan of the loan2

4ring the term of this agreement, CLIENT agrees that it "ill:kee% the %ro%ert$ insred for a minimm amont of &____ '_______________(___)*++dollars5 to kee% the %remises in good re%air5 to inform the BROKER immediatel$ of an$#hange in rent rolls 'if the %remises are rented5 to %ro1ide all reasona!le #oo%erationre6ested !$ BROKER2

CLIENT agrees to %ro1ide %on BROKER7s re6est:finan#ial statements or information regarding CLIENT and an$ #o8signors %ro%osed5!ona fide loan %ro#essing fees re6ested !$ entities seeking to %ro1ide loans to CLIENT,not e-#eeding &_____'_______________(___)*++ dollars "ithot the %rior %ermissionof the CLIENT2

BROKER shall gi1e reasona!le and reglar stats re%orts to CLIENT regarding allrele1ant de1elo%ments dring the %eriod of this agreement to CLIENT2

BROKER and CLIENT shall mtall$ non8dis#lose an$ information %ro1ided !$ oneanother and shall take all reasona!le ste%s to non8dis#lose the information %ro1ided toone another2

4ated: _______________________________ _________________ Broker 

 _________________ Client

Page 2: Mortgage Broker Agreement

8/11/2019 Mortgage Broker Agreement

http://slidepdf.com/reader/full/mortgage-broker-agreement 2/2