Application Deposit Refund

Q: Am I eligible for a refund?

A: If, for any reason, the home loan application credited with the $500.00 Application Deposit does not close and disburse, deposit funds received will be utilized to pay any third-party services (Appraisal, Credit Report, Flood Letter, or Verifications) throughout the Underwriting process. Any costs incurred above $500.00 will not be charged to you.  Any amount not used will be refunded to you.  Invoices to be provided upon request.

Q: How much am I eligible to receive?

A: Any amount up to the $500.00 Deposit received that was not utilized to pay applicable third-party services (Appraisal, Credit Report, Flood Letter, or Verifications) throughout the Underwriting process.

Q: When would I receive my refund?

A: Upon completion of the Loan Application Adverse Process and/or written notification of cancellation, any applicable refund will be processed within 7 business days.

Q: How will I receive my refund?

A: Any applicable refund per the defined terms will be returned to the original method of payment.

Interested?

If you are interested in this item and have some questions, feel free send an inquiry.

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7643 Cody Lane
bethalto, Illinois 62010

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