IMPORTANT DISCLOSURES

This is not a commitment to lend. All loans are subject to credit and property approval. This offer is non-transferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.

By refinancing your existing mortgage, your total finance charges may be higher over the life of the loan.

1. Debt Consolidation Disclosure: A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter-term debt and secures such debt with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or other high interest rate debt.

2. Average monthly debt payment reduction figures based on Mr. Cooper refinances from June 2019 – May 2020 in which a customer paid off at least one non-mortgage debt. Comparison between total minimum monthly payments before and after refinance. Individual results will vary.

3. Purchase Loan Discount For Existing Customers: Offer is only available to existing customers serviced by Nationstar Mortgage LLC d/b/a Mr. Cooper on new purchase loan transactions that close with Mr. Cooper. Mr. Cooper will apply .5% in discount points compared to non-portfolio customer pricing. This additional discount translates to a credit $500 of discount points for every $100,000 in final loan amount. As an example, if your final loan amount is $200,000.00, Mr. Cooper will apply $1,000.00 (.5% of 200,000) towards discount points at time of rate lock. Offer is subject to change. Offer applies to new purchase loan applications submitted on or after 2/12/2018 and close with Mr. Cooper.

4. Reduced Fees and Less Paperwork Disclaimer: In some cases, an FHA streamline or VA Interest Rate Reduction Refinance Loan (IRRRL) refinance may require an appraisal and/or full income and asset documentation and full credit qualification. This requirement will increase fees and required paperwork. A licensed Mortgage Professional can inform you of all options available to you as well as the program requirements.

5. Estimated Equity Disclosure: The cash-out amount is an estimate of the equity you may be able to withdraw from your home. It is based on our estimate of the current amount you owe on your home and our estimate of the current value of your home. For most conventional and FHA loan products, it assumes you can withdraw up to 80% of the equity. For VA loans, it assumes you can withdraw up to 90% of the equity. If you do not occupy the property, it assumes you can withdraw between 70-75% of the equity, depending on the number of units in the property. Taking cash out may increase the total number of monthly payments, your total finance charges and/or the total amount paid when compared to your current situation.