Affiliated Business Arrangement Disclosure
This is to give you notice that MHI Partnership, LTD. sometimes doing business as Plantation Homes, Coventry Homes, and/or Wilshire Homes (“MHI”) has a business relationship with Cornerstone Mortgage Partners of Texas, LP, d/b/a CMC Home Lending (“CMC”). The owners of MHI, directly or indirectly, have a collective 65% ownership in CMC. Because of this relationship, this referral may provide MHI and/or Cornerstone a financial or other benefit.
Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed service provider(s) as a condition for purchase of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
SERVICE PROVIDER SETTLEMENT SERVICE CHARGE OR RANGE OF CHARGES
CMC Processing Fee $615.00
CMC Underwriting Fee $395.00
CMC Delivery Fee $240.00
I/we have read this disclosure form, and understand that MHI is referring me/us to purchase the above-described settlement service(s) and may receive a financial or other benefit as the result of this referral.