Merit Funding, Inc. is a Real Estate Broker approved by Cal. dept. of Real Estate license number 01519828- Legal Information

Home Mortgage Disclosure Act
Equal Housing Opportunity
The Housing Financial Discrimination Act of 1977 California Fair Lending Notice
Equal Credit Opportunity Act Fair Lending Notice
Fair Credit Reporting Act Notice
Licenses
Online Applications

Home Mortgage Disclosure Act:
Our annual Home Mortgage Disclosure Act Statement is available for inspection. This statement shows the geographic distribution of our residential mortgage and home improvement loans. For information on how to inspect the statement, please call 1-800-850-1334.

Equal Housing Opportunity:
We conduct business in accordance with the Federal Fair Housing Law (Fair Housing Amendments Act of 1998). It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.
- In the sale or rental of housing.
- In advertising the sale or rental of housing.
- In the financing of housing.
- In the provision of Real Estate Lenderage service.
- In the appraisal of housing.
- Blockbusting is also illegal.
Anyone who feels he or she has been discriminated against may file a complaint of housing discrimination: 1-800-669-9777 (toll free), or 1-800-927-9275 (tdd). U.S. Department of Housing and Urban Development Assistant Secretary for Fair Housing and Equal Opportunity, Washington DC 20410.

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

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. 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, and 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 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 financial institution.

Merit Funding, Inc is a Real Estate Broker approved by the California Department of Real Estate License Number 01519828. DRE license information telephone number: 916-227-0931

Equal Credit Opportunity Act Fair Lending Notice:
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 (provided that the applicant has the capacity to enter into a binding contract); 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 the creditor is:

Mortgage Companies
Federal Trade Commission
Equal Credit Opportunity
Room 4037
Washington DC 20580

Fair Credit Reporting Act Notice:
The Fair Credit Reporting Act [15 U.S.C. 1681] impacts many stages of the loan process. It requires that the ordering of a credit report be solely for the purpose of underwriting the loan or other credit or collection purposes. In underwriting the loan, it regulates the manner in which information from consumer reporting agencies is used. The act also has disclosure requirements if a loan request is denied. Lenders are required to retain adverse action disclosure statements for 25 months. Lenders who pass on information in consumer reports, or other information obtained on consumers, to third parties can be inadvertently become consumer reporting agencies.

Licenses:
Applicable state disclosure regulations require the following licenses to be explicitly disclosed: Real Estate Broker approved by California Department of Real Estate License #01519828

Online Applications:
In order to ensure the most timely response and best loan program for you, we reserve the right to share your information with our affiliate lenders, in accordance with applicable laws. It is understood by the Applicant when applying on line that all statements made in his or her application are true and are made to obtain the loan requested.

Merit Funding, Inc may retain a copy of all online applications even if the loan is not granted. The lender or anyone authorized by the lender may obtain employment, credit, or other information relating to the Applicant(s) for this loan.

If the loan is approved, the lender may obtain additional employment, credit, or other information in connection with any updates, renewal, or extension of the loan, or for the solicitation of loan or insurance products.

Upon request of the Applicant(s), the lender will provide the name and address of any credit bureau that issued a credit report on them and the lender may pass the $16.00 cost of the credit report directly to the Applicant(s). The cost of the credit report is non-refundable. Some states require us to place any advance costs in a trust account. By applying online the Applicant agrees that any fee collected for the cost of a credit report may be paid to the lender from the trust account, if applicable, at the time of a decision being made on the Applicant's application.

Married Applicant(s) may apply for separate loan(s). The lender or anyone authorized by the lender may inspect the Applicant's property securing this loan for the purpose of determining its value.