The information First Equity Funding, LP obtains will only be used in the processing of this application. I hereby authorize First Equity Funding, LP or its affiliates to order a background check, tax transcript, attorney fee, and consumer credit report, to verify information for any borrower associated with the loan. I hereby authorize First Equity Funding, LP or its affiliates to provide these items and charge my credit card to pay for these services.
I further authorize First Equity Funding, LP or its affiliates to order an appraisal and charge for the service if the borrower is not charged directly by the appraisal company. The appraisal fee may vary based on the property type. Additionally, First Equity Funding, LP or its affiliates will charge a fee for each draw inspection. I hereby authorize First Equity Funding, LP or its affiliates to charge the borrower a processing fee once a loan term sheet has been issued. It is understood that a copy of this form serves as an authorization. I understand this is not a commitment to lend and that these fees are non-refundable.
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