APPROVAL OVERVIEW:

Thank you for your interest in becoming an approved Broker with Allied Mortgage Group. We have a 25+ year

history of supporting mortgage brokers and we are looking forward to having you as a client.

BROKER CRITERIA:

Your company should meet the following criteria:

• Be properly licensed and authorized to originate and broker loans that meet our product line and

underwriting requirements.

• Have been in business for at least two years. In cases of newer firms, principals should have at

least five years’ experience in the mortgage industry.

• Have a good reputation in the industry and a high level of professionalism and strong ethical

standards.

• Have a “good standing” rating with all governmental licensing and revenue collection agencies

with a public record clear of any civil or criminal judgments. A Broker whose firm has been

suspended or is currently under investigation may not be approved or may not be renewed to

do business with ALLIED.

• Have at least a company net worth of $25,000. Exceptions below may be considered on a case

by case basis.

OKER APPLICATION CHECKLIST

 Mo

rtgage Broker Application*

 Mortgage Broker Agreement*

 Addendum to Broker Agreement-Fair Lending Compliance Certification*

 Addendum to Broker Agreement – Broker Hiring Policy Certification*

 Mortgage Broker Compensation Agreement*

 Mortgage Broker Compensation Addendum*

 Corporate Resolution (if applicable) *

 Anti-Money Laundering & Bank Secrecy Act Compliance Declaration*

 Balance Sheet and Profit & Loss Statement – dated within last 90 days. Both signed by

principal.

 Articles of Incorporation (if applicable)

 Resumes of Principal Officers

 Quality Control Policy

 VA Approval Form

en the package is complete, please send securely to your Rep or to brokerapprovals@alliedmg.com

We will begin processing the application immediately so you can begin to submit your loans for review.

Revised – 09/19/2022

MORTGAGE BROKER APPLICATION

ACCOUNT EXECUTIVE: Ken Kupiec

Company Name Company NMLS #

DBA Name (if applicable) Company Website

 EIN SSN

Federal Tax ID

Main Address (Physical, not a P.O. Box)

City State Zip Code Company Phone

Start Date of Business Business License #/State Entity Type

Primary Contact/Branch Manager Title NMLS # Email Address

AFFILIATED RELATIONSHIPS:

*Affiliated defined as: Having an ownership in, partnership interest with, family or close personal relationship.

Are

you owned, controlled or a subsidiary of any other entity?

 Yes  No

If Yes, Name of entity:

Are you closing loans under an affiliated Title Company, Closing Agent or Escrow Co?  Yes  No

Name Address, City, State, Zip

Are you utilizing an outside Loan Processing company?  Yes  No

Name Address, City, State, Zip

Is the Loan Processing company an affiliated relationship?  Yes  No

Do you ow

n or are affiliated with any of the following?

Building Contractor

 Yes  No

Realty Company

 Yes  No

Property Management Co

 Yes  No

Appraisal Company

 Yes  No

Accounting/Tax Prep Co

 Yes  No

Credit Repair Co

 Yes  No

Loan Modification Co

 Yes  No

Other Affiliation (List below)

 Yes  No

If Y

es, you must provide the following information on each affiliated* company:

Name Address, City, State, Zip

PRI

NCIPAL OFFICERS:

Name

Title

Percentage

Ownership

Social Security

Number

Home Address

Email Address

Allied Mortgage Group may order a credit report on one or more of the principal officers listed above. If a credit report is warranted, we will contact the

principal officer(s) in advance to obtain a credit report authorization prior to pulling any credit report.

Revised – 09/19/2022

LOAN OF

FICERS:

Name

Role

NMLS

If additional space is needed, please attach separate spreadsheet (Excel format preferred)

BROKER CONTACTS:

Role

Name

NMLS (if applicable)

Client Portal Admin

Processor

Operations Manager

Secondary Marketing

Other:

If additional space is needed, please attach separate spreadsheet (Excel format preferred)

BRO

KER BRANCH OFFICES:

Branch NMLS

Branch Address

Branch Manager

If additional space is needed, please attach separate spreadsheet (Excel format preferred)

ORIG

INATION ACTIVITIES (Last 12 months):

Product Type

# Units

$ Volume

Conforming

FHA

USDA

Jumbo/Non-Agency/NQM

IND

USTRY QUESTIONS:

1. Is Applicant sponsored by any lenders for FHA?

 Yes  No

2. FHA I.D.#

3. MERS I.D.#

4. Approved Fannie Seller/Servicer?

 Yes  No

5. Approved Freddie Seller Servicer?

 Yes  No

6. Approved VA Lender?

 Yes  No

7. Has your company been suspended or terminated by any investor, MI company, FHA/VA or state/federal regulatory

or licensing agency? If yes, please attach explanation

 Yes  No

By executing this application, Applicant and each of the above named officers hereby authorize Allied ("ALLIED") to obtain positive identification of information

the Applicant provided in this application and to obtain personal credit reports, business reference reports and other information that is of concern to ALLIED.

Broker acknowledges that such reports and information will be obtained and used only in connection with Allied’s approval of Applicant and evaluation of

Applicant’s eligibility to do business with ALLIED and not for any consumer credit or other purpose. Applicant certifies to its best belief and knowledge that the

information provided herein is true and correct.

Print Name of Principal Officer Title

Signature of Principal Officer Date

Revised – 09/19/2022

MORTGAGE BROKER AGREEMENT

THIS MORTGAGE BROKER AGREEMENT (“Agreement”) is made and entered into this day of

, 20 by and between

(“Broker”), its successors and assigns and Allied Mortgage Group (“Lender”), (collectively, the “Parties”).

In consideration of the mutual promises and covenants herein, Broker and Lender hereby agree as follows:

RECITALS

1. Lender hereby authorizes Broker to submit mortgage loan applications and other documentation

related to a mortgage application (or a “Loan Submission Package”) based on Lender’s application

program, policies, procedures, and pricing information, as amended from time to time.

BROKER RESPONSIBILITIES

2. Broker agrees to deliver to Lender Loan Submission Packages that are taken by Broker in accordance

with all applicable federal, state and local requirements. Broker covenants that it shall: (a) comply

with the Equal Credit Opportunity Act (“ECOA”) and its Regulation B, and with the Fair Housing Act, in

Broker’s pre- and post- qualification communications with any and all applicants; (b) comply with the

Home Mortgage Disclosure Act (“HMDA”) and its Regulation C with respect to accurately completing

the Government Monitoring Information sought on a Loan Application Form 1003; (c) comply with

the Real Estate Settlement Procedures Act (“RESPA”) and its Regulation X with respect to the

mortgage loan application and settlement process; and (d) comply with all Federal Housing

Administration (“FHA”) requirements and regulations.

3. Upon receipt of a Loan Submission package from Broker, Lender shall underwrite and approve or

deny Loan Submission Package on the basis of Lender’s underwriting criteria, rules and regulations,

and secondary market standards. Nothing herein constitutes any representation or commitment of

Lender that it will extend credit to any applicant, and Lender’s determination as to the

creditworthiness of any applicant is final and conclusive as to the parties. A mortgage loan resulting

from Broker’s submission of a Loan Submission Package (“Mortgage Loan”) shall be closed in the

name of Lender and, subject to Broker’s right to the fee as set forth herein, Broker agrees to assign to

Lender, at the time of closing of a Mortgage Loan, all right, title and interest in and to the Loan

Submission Package and related documents. Broker shall accurately prepare each Mortgage Loan

application contained in a Loan Submission Package in accordance with Lender’s policies and

procedures in effect at the time such application is made.

COMPENSATION

4. In following Truth-in-Lending, (TILA), and Regulation Z, all mortgage brokers and/or loan originators are

subject to the following:

Payments to Broker/Loan Originator are prohibited that are based on the loan’s interest rate or

other terms. Compensation that is based on a fixed percentage of the loan amount is permitted.

Payments to Broker/Loan Originator are prohibited from creditor or other person if payments

are received directly from a consumer.

Steering a consumer to a lender offering less favorable terms, in order to increase the

Broker/Loan Originator compensation, is prohibited.

Broker/Loan Originator agrees to provide a safe harbor to facilitate compliance. Safe harbor is

met if the consumer is presented with loan offers for each type of transaction in which the

consumer expresses an interest and the loan options presented to the consumer include the

following:

The lowest interest rate for which the consumer qualifies,

ii.

The lowest points and origination fees and

iii.

The lowest rate for which the consumer qualifies for a loan with no risky features.

5. Notwithstanding any other provision of this Agreement, Broker shall not be entitled to receive any

Revised – 09/19/2022

fees from an applicant or lender in connection with a Mortgage Loan if Broker is no longer approved,

licensed or registered or if Broker is suspended from transacting business by a state or federal agency

unless express prior written permission is given by Lender. Further, upon cessation of business, Broker

shall not be entitled to collect any fees from Lender or applicant if applicant has not yet executed loan

documents in connection with an active (not withdrawn) Loan Submission Package previously

submitted by Broker.

6. Lender shall not be responsible for the collection of any fees owed by an applicant to Broker in

connection with a Loan Submission Package. Broker shall be wholly responsible for any collection of

fees owed to Broker by an applicant.

7. To comply with loan originator compensation rules, the level of broker compensation must be uniform

regardless of whether it is lender-paid or borrower-paid.

REPRESENTATIONS AND WARRANTIES OF BROKER

8. As an inducement to Lender to enter into this Agreement and to consummate the making of each

Mortgage Loan related to any Loan Submission Package submitted by Broker, Broker represents and

warrants to Lender as follows, as of the date of execution hereof and the date of each mortgage

application which is delivered by Broker to Lender for approval:

If a corporation, Broker is a corporation, and if a partnership, Broker is a partnership, duly

organized, validly existing and in good standing under the laws of its jurisdiction of incorporation

or organization. Broker is properly licensed, or is exempt or partially exempt, and qualified to

transact business in all jurisdictions where it originates mortgage loans and to conduct all

activities contemplated by this Agreement. Specifically, Broker maintains a lender’s and/or

broker’s license to originate first and/or second lien residential mortgage loans as may be

required by applicable legal requirements.

Broker has all requisite corporate power, authority and capacity to enter into this Agreement

and to perform its obligations hereunder. The execution and delivery of this Agreement and any

related agreements and instruments and the consummation of the transactions contemplated

hereby and thereby, each have been duly and validly authorized by all necessary corporate

action.

Broker shall comply with all provisions set forth in any present or future guide, manual, policy,

procedure, announcement, or other communication (collectively, “Guidelines”) provided by

Lender to Broker. Any violation by Broker of the Guidelines shall be considered a violation of the

Agreement. Any amendment to any present or future Guidelines shall be made via electronic

communication, which may include the posting of any amendment to any present or future

Guidelines on Lender’s broker website. An amendment to any Guidelines or any new Guidelines

shall be considered accepted by Broker upon Broker’s submission of a Loan Submission Package

subsequent to the date of the communication.

There is no litigation, suit, proceeding or investigation pending or threatened before any court of

law or administrative agency (state or federal), other than the litigation, suits, proceedings, or

investigations disclosed on Broker’s application for approval by Lender, (i) which, individually or

in the aggregate may result in any material adverse change in the business, operations, financial

condition, or assets of the Broker or in any impairment of the right or ability on the part of the

Broker to perform under this Agreement; (ii) relating to fraud; and (iii) relating to predatory

lending, or the Broker’s brokering practices. No representation, warranty or written statement

made by or on behalf of Broker in this Agreement, or in any written or verbal communication

made to Lender in connection with the transactions contemplated hereby, contains, or will

contain, any untrue statement of a material fact or omits, or will omit a material fact necessary

to make the statements contained herein or therein not misleading.

Broker agrees to comply with all other federal, state or local governing authorities, including but

not limited to, Fannie Mae (FNMA), Freddie Mac (FHLMC), and Ginnie Mae (GNMA).

Revised – 09/19/2022

The Broker does not believe and has no reason or cause to believe that it cannot perform each

representation, warranty, and covenant contained in this Agreement.

Broker shall at all times comply with all applicable federal, state and local anti-money laundering

laws, orders and regulations to the extent applicable to Broker, including without limitation, the

USA Patriot Act of 2001, the Bank Secrecy Act and the regulations of the Office of Foreign Asset

Control (“OFAC”).

REPRESENTATIONS AND WARRANTIES AS TO THE MORTGAGE LOANS

9. As an inducement to Lender to enter into this Agreement and to consummate the making of each

Mortgage Loan related to a Loan Submission Package submitted by Broker, Broker represents and

warrants to Lender as follows, as of the date of execution hereof and the date of each Loan

Submission Package delivered by Broker to Lender for approval:

Broker will comply with all applicable local, state, and federal laws, rules, and regulations

including, but not limited to:

Broker will not submit a Loan Submission Package for and Lender will not originate “high

cost” loans under the Home Ownership and Equity Protection Act of 1994 (“HOEPA”) or a

”high cost,” “predatory,” “threshold,” “covered,” or “abusive” loan under any applicable

state, federal or local, law, regulation, or ordinance relating to such loans (or similarly

classified loans using different terminology under a law, regulation, or ordinance imposing

heightened regularity scrutiny or additional legal liability for residential mortgage loans

having high interest rates, points and/or fees.)

ii.

Broker shall provide any additional documentation requested by Lender in connection with

a “higher priced mortgage loan” as defined under Regulation Z, which implements the

federal Truth in Lending Act (“TILA”), and in connection with any similarly classified loans

using different terminology under a law, regulation, or ordinance imposing heightened

regulatory scrutiny or additional legal liability for residential mortgage loans.

iii.

Broker shall not submit a Loan Submission Package for a loan product where the applicant

for the mortgage loan will not receive a tangible net benefit.

iv.

Broker shall comply with all disclosure requirements under local, state, or federal laws,

regulations and ordinances. Broker shall provide all applicants with all applicable disclosures

in compliance with all delivery requirements contained in local, state or federal laws,

regulations, or ordinances, or in compliance with Lender’s Guidelines. Further, Broker

represents and warrants that all disclosures provided by Broker to an applicant shall be

dated the date that the disclosure was provided (the date placed in the U.S. Mail or placed

in the care of a commercial courier service for overnight delivery, or emailed, sent via

facsimile, or personally delivered to the applicant.

Broker shall comply with all applicable fee restrictions and requirements under local, state,

or federal laws, regulations, or ordinances. Broker shall also comply with all applicable fee

restrictions and requirements of the Federal National Mortgage Association (Fannie Mae or

FNMA), Federal Home Loan Mortgage Corporation (Freddie Mac or FHLMC), Federal

Housing Authority (FHA) or Housing and Urban Development (HUD), Ginnie Mae (GNMA)

and any other federal agency or quasi-governmental agency.

vi.

Broker shall comply with any fee restrictions and requirements under Lender’s Guidelines,

including any applicable cap on fees charged by Broker.

vii.

Broker shall not submit a Loan Submission Package to Lender for a Mortgage Loan that

refinances a “special” mortgage (including but not limited to, reverse mortgages, mortgages

with discounted interest rates or special terms, loans by charitable, religious or state or

local agencies.)

Each mortgage application, submitted as part of a Loan Submission package, has been submitted

in compliance with the requirements of this Agreement, guidelines and all applicable legal

requirements. Broker has no knowledge of any circumstances or conditions with respect to any

Loan Submission Package or the related mortgaged property (the “Mortgage Property”) or loan

applicant that Broker reasonably believes could be expected to cause the resulting Mortgage

Revised – 09/19/2022

applicant that Broker reasonably believes could be expected to cause the resulting Mortgage

Loan to become delinquent or adversely affect the value or marketability of such Mortgage Loan.

Broker has committed no act or omission that will impair or invalidate Lender’s interest in, or the

enforceability of, any Mortgage Loan. All information and documents submitted by or on behalf

of a loan applicant to Broker and by Broker to Lender pursuant to this Agreement are genuine

and the information contained in such documents is true, accurate, and complete to the best of

the Broker’s knowledge.

Each Loan Submission Package includes each of the documents and instruments specified by

Lender to be included therewith, each of which document and instrument, and all signatures

contained thereon, are genuine and enforceable in accordance with its terms.

Broker shall not charge an applicant a fee for any services performed prior to applicant’s receipt

of disclosures required to be provided under the Mortgage Disclosure Improvement Act

(“MDIA”), Regulation Z, which implements the Truth in Lending Act (“TILA”) as applicable,

Regulation X, which implements the Real Estate Settlement Procedures Act (“RESPA”), and any

other applicable federal or state law or regulation as applicable; however, Broker may charge a

reasonable fee, that complies with all applicable federal and state restrictions, for the

procurement of a credit report.

Broker shall comply with all federal and state restrictions and requirements and any restrictions

and requirements contained in Lender’s Guidelines in connection with any appraisal that is part

of a Loan Submission Package (regardless of who obtained the appraisal) including but not

limited to, the Appraisal Independence Requirements (AIR), FHA requirements/restrictions

(HUD), Fannie Mae (FNMA) requirements/restrictions, Freddie Mac (FHLMC)

requirements/restrictions, Ginnie Mae (GNMA) requirements/restrictions, and any other related

issuances of guidelines issued by any governmental or quasi-governmental bodies related to

appraisals.

Broker shall not act as mortgage broker on a Loan Submission Package as to which the Broker or

an affiliated company of the Broker provides or will provide settlement services, as defined

under RESPA, including but not limited to acting as a notary, unless Broker receives the express

prior written permission of Lender.

No fraud, material error, omission, misrepresentation, negligence, or similar occurrence with

respect to the Loan Submission Package has taken place on the part of the Broker. Broker shall

notify Lender if Broker discovers the occurrence of any fraud, error, omission, misrepresentation,

negligence, or similar occurrence by any party with respect to the Loan Submission Package.

Broker shall also notify Lender immediately of any suspected fraud, error, omission,

misrepresentation, negligence, or similar occurrence by any party with respect to any Loan

Submission Package.

MORTGAGE INSURANCE PREMIUMS

10. Lender shall deduct from the loan proceeds the mortgage insurance premium (MIP) and shall forward

to HUD such premium together with the completed mortgage insurance package. In the event that

HUD issues to Broker the OTMIP Statement of Account, the Mortgage Insurance Certificate (MIC) or a

suspense letter with regard to the issuance of a MIC, Broker shall forward same to Lender

immediately. Broker agrees to cooperate with Lender in resolving issues relating to suspension of HUD

insurance.

QUALITY CONTROL PROGRAM

11. Broker shall maintain a Quality Control Program which shall be acceptable to and comply with all

applicable requirements of Lender. Lender reserves the right to change its requirements for such

Quality Control Program at any time and for any reason, which such changes shall be effective upon

notice to Broker, and to conduct an audit of Broker to verify the existence and implementation of such

Quality Control Program. As Lender may from time to time request, including, without limitation,

during the initial due diligence and approval of Broker, Broker shall promptly provide Lender with a

detailed written description of its Quality Control Program.

Revised – 09/19/2022

REPURCHASE OBLIGATIONS

12. Any of the following circumstances shall be considered a “Repurchase Obligation”:

Broker failed to observe or perform, or has breached any of representations, warranties,

covenants or agreements contained in this Agreement or any applicable Guidelines with

respect to any loan;

Lender receives a repurchase notification from any third party investor and the repurchase

request is based on actual or alleged fraud or misrepresentation with respect to the loan and

Broker was negligent in conducting its responsibilities under this Agreement with respect to

the Loan; or failed to follow standard practices which are prevalent in the mortgage banking

industry;

Broker committed fraud or misrepresentation with respect to the Loan or otherwise aided,

abetted or assisted in the commission of fraud or misrepresentation by any third party with

respect to the Loan or should have known such fraud was being committed and failed to act;

and

Any third-party fraud or misrepresentation has occurred with respect to the Loan in which

Broker either had knowledge of or any participation in.

If any of the first four (4) payments due Lender or a subsequent investor become ninety (90)

days or more delinquent.

REQUEST FOR REPURCHASE; REPURCHASE PRICE; REPURCHASE PROCEDURES

13. a) Request for Repurchase. In the event of an occurrence of any repurchase obligation, upon the

request of Lender, Broker hereby agrees to repurchase the related Mortgage Loan(s) (or, if the related

Mortgage Loan(s) has been foreclosed, the related Mortgaged Property) within thirty (30) days of

Broker’s receipt of Lender’s written demand for an amount equal to the Repurchase Price (as defined

below). For the purpose hereof, the term “foreclosure” shall include judicial foreclosure, non-judicial

foreclosure, deed in lieu of foreclosure, or any other mechanism of obtaining title to the Mortgage

Property.

b) Repurchase Price. The repurchase price for any Mortgage Loan which Lender has requested Broker

to repurchase (the “Repurchase Price”) shall be an amount equal to the sum of (a) the current unpaid

principal balance of the Mortgage Loan at the time of repurchase (or at the time of the foreclosure

sale date if the related Mortgage Loan has been foreclosed); (b) accrued but unpaid interest on such

principal balance at the interest rate, contained in the applicable promissory note (the “Note”), from

the paid-to-date of the Mortgage Loan through and including the last day of the month in which the

Repurchase Price is paid; (c) all costs and expenses, including without limitation, reasonable fees and

expenses of counsel, incurred by Lender as a result of Broker’s breach of this Agreement or enforcing

the terms of the Mortgage Loan; (d) any unreimbursed advances made by Lender, including without

limitation, principal payments advanced to investors, taxes or insurance or payments authorized by

the Note or the Mortgage or Deed of Trust (collectively, the “Mortgage”) or law to protect Lender’s

interest in the Mortgage Loan or related Mortgaged Property; (e) any discount on sale of the property

to the third party; and (f) any other fees, costs or amounts relating thereto. The Repurchase Price shall

be reduced by (i) any proceeds of mortgage insurance collected by Lender with respect to the

Mortgage Loan that have not been applied to the unpaid principal balance and (ii) if the Mortgage

Loan has been foreclosed and the Mortgaged Property has been sold to a third party, the proceeds of

the sale price received by Lender net of all advances, costs and expenses, including but not limited to

reasonable fees and expenses of counsel, incurred by Lender in connection with such sale.

c) Repurchase Procedures. Upon Lender’s receipt of the Repurchase Price, Lender shall execute and

deliver to Broker (i) an assignment of the Mortgage, an endorsement to the Note, and the related

Mortgage Loan files and other Mortgage Loan documents, each without representation, warranty or

recourse, and (ii) if Lender previously foreclosed the Mortgage Loan and at such time then owns the

Mortgage Property, a deed to the Mortgage Property, without representation, warranty or recourse,

and

Revised – 09/19/2022

(iii) if Lender previously foreclosed the Mortgage Loan but either sold the Mortgage Property or another buyer

purchased the Mortgage Property at the foreclosure, an assignment of all deficiency obligations of the

mortgagor, without representation, warranty or recourse. With respect to the servicing of any Mortgage Loan(s)

repurchased by Broker, Lender shall transfer such servicing, or cause such servicing to be transferred, to Broker

or its designee. If the Broker is unable to service any Mortgage Loan(s) or does not have a designee for such

servicing, Lender may, at its sole option, service such Mortgage Loan(s) for a fee equal to Lender’s then current

rate until such time as Broker is capable of servicing such Mortgage Loan(s) or designates a successor servicer.

All costs of transferring servicing of any repurchased Mortgage Loan(s) from Lender to Broker or its designees

shall be borne by Broker and Broker shall reimburse Lender for any costs incurred in connection therewith.

Broker’s Repurchase Obligation with respect to a Mortgage Loan shall not be eliminated, reduced or otherwise

modified as a result of any modification, workout or assumption of the Mortgage Loan.

REQUEST FOR INDEMNIFICATION; INDEMNIFICATION AGREEMENT IN LIEU OF REPURCHASE

14. a) Request for Indemnification. Upon the request of Lender, Broker hereby agrees to indemnify and

hold Lender and its officers, directors, employees, agents, shareholders and representatives harmless

from and against any and all claims, demands, liabilities, causes of action and expenses, including

attorneys’ fees actually incurred, relating to, arising out of or in connection with Broker’s breach of

any representation, warranty or covenant contained herein; provided, however, that Broker shall have

no obligation to indemnify Lender to the extent the claim for indemnification is based on (i) Lender’s

negligence or willful misconduct or (ii) Broker’s breach of an obligation that is or was the responsibility

of Lender under a processing agreement entered into between the parties.

b) Indemnification Agreement in lieu of Repurchase. At Lender’s sole option and in lieu of

repurchasing the related Loan(s) subject to a Repurchase Obligation, Lender may require the Broker to

enter into a written indemnification agreement in a form acceptable to Lender (the “Indemnification

Agreement”) which requires the Broker to indemnify Lender, including, without limitation,

reimbursing Lender for any losses incurred by Lender as a result of such Repurchase Obligation with

respect to the Mortgage Loan(s).

EARLY LOAN PAYOFF

15. If any Mortgage Loan is paid off within one hundred twenty (120) days of the funding date, Broker

agrees to pay Lender all compensation Broker received as a result of the original Mortgage Loan. In

the event the payoff is due to a refinance by the same Broker, and the new loan is delivered back to

Lender, part or all of the above requirements may be waived upon the sole discretion of Lender.

Lender shall notify Broker in writing of the amount due with respect to any Early Payoff, and Broker

agrees to submit payment within fifteen (15) days of receipt of such notice. If payment is not received

by Lender, the amount owing may be offset against any amount due Broker, or an affiliated Broker, as

determined by Lender.

FIDELITY BOND AND/OR ERRORS AND OMISSIONS (E&O) POLICY

16. Broker shall maintain at all times during the term of this Agreement, at its own expense, such

insurance as is required by applicable legal requirements, and that is otherwise appropriate given the

nature of Broker’s business, including: (i) hazard and liability insurance, (ii) errors and omissions policy

or policies where required by state law, and (iii) a blanket fidelity bond.

NOTIFICATION OF CHANGE OF STATUS

17. Broker shall promptly notify Lender; (i) in the event of any substantial change in the financial

condition, ownership or management of Broker, (ii) if Broker knows or has reason to believe that any

information in the Loan Submission Package or other document delivered to Lender is untrue, and (iii)

in the event any government or other agency has made any adverse finding or threatened or taken

any adverse actions with respect to the Broker or its officers, directors or employees. Broker shall

promptly notify Lender of any suspension or termination or any notice of suspension or termination of

any license, registration, or approval to broker mortgage loans at the state or federal level.

Revised – 09/19/2022

18. Broker shall execute and deliver all such instruments and take all such action as Lender may reasonably

request from time to time in order to effectuate the purposes and to carry out the terms of this

Agreement.

USE OF NAME

19. Broker shall not use Lender’s, or Lender’s affiliates’, name, brand or logo without the express prior

written consent of Lender

RIGHT TO OFFSET

20. In addition to any other remedies that the parties hereto may have at law or equity, Broker shall

indemnify Lender and hold Lender harmless against any and all claims, losses, liabilities, costs,

expenses, damages, penalties, fines and forfeitures of any kind, including but not limited to

reasonable attorneys’ fees, resulting from: (a) the breach by Broker of any representation, warranty or

covenant of this Agreement or (b) the failure of Broker to comply with applicable legal requirements

or Lender’s requirements. In the event that Broker fails to pay Lender any sums due hereunder, or

which are owed to the Lender, Lender shall be permitted to offset such sums from any amounts which

are due or become due to Broker pursuant to the terms of this Agreement.

REMEDIES

21. The remedies set forth in this Agreement and the Guidelines, if any, are in addition to and not to the

exclusion of any and all rights and remedies available to Lender at law or in equity including specific

performance. All remedies shall be cumulative and non-exclusive.

MODIFICATION OF AGREEMENT

22. Lender reserves the right to modify any provision hereof in whole or in part upon the giving of thirty

(30) days’ written notice of such modification to Broker. Loan Submission Packages submitted by

Broker after the end of the thirty (30) days’ notice provided for herein shall be governed by the

revised provision of this Agreement.

TERMINATION OF AGREEMENT

23. This Agreement shall continue in existence and effect until terminated as provided for herein. This

Agreement may be terminated with respect to future mortgage applications submitted by Broker to

Lender by either party at any time by giving prior written notice of termination to the other party.

Such termination shall not in any respect change, alter, modify or terminate the obligations of any

party, including the representations and warranties of Broker with respect to Mortgage Loans or Loan

Submission Packages which have been submitted by Broker to Lender prior to the date of such

termination.

SOLICITATION

24. For a period of twelve (12) months following the consummation of any Mortgage Loan under this

Agreement, neither Broker nor any of its affiliates, officers, employees or agents shall directly or

indirectly solicit or cause to be solicited, by direct mail, telephone, email, personal solicitation or

otherwise, any Mortgage Loan resulting from a Loan Submission Package for the purpose of

prepaying, refinancing or modifying such Mortgage Loan in whole or part, except with the written

permission of Lender. Notwithstanding the foregoing, it is understood and agreed that mass

promotions undertaken by the Broker which are directed to the general public at large, provided that

no segment shall consist primarily of the borrowers or obligors under the Mortgage Loans, including,

without limitation, mass mailings from commercially acquired mailing lists, advertisements via radio,

television, newspaper, email, shall not constitute solicitation under this Section.

Revised – 09/19/2022

CONFIDENTIALITY

25. The Parties will keep confidential, and will cause their respective employees, contractors, affiliates and

agents to keep confidential, any and all information obtained from the other Party which is designated

as confidential, and the Parties will not use such information for any purpose other than those

intended by this Agreement.

PRIVACY

26. All customer information in the possession of either Party (“Customer Information”) is and shall

remain confidential and proprietary information of each Party except (i) as otherwise set forth in this

Agreement and (ii) information independently obtained by the Parties and not derived in any manner

from information obtained under or in connection with this Agreement. The Parties agree to comply

with any and all federal, state and local statutes, regulations and rules applicable to the protection

and privacy of consumer information, including without limitation, the privacy provision of the

Gramm-Leach-Bliley Act, 15 U.S.C. § 6801 (the “Privacy Requirements”) and implementation of

appropriate measures designed to safeguard Customer Information.

LENDER’S BROKER WEBSITE (BROKER PORTAL)

27. If Broker is provided access to Lender’s broker website, Broker shall comply with any and all

requirements of applicable law, policies, procedures and/or terms and conditions of use related

thereto, including, without limitation, the protection of passwords and maintenance of security

regarding access and use of Lender’s broker website, present and future. Notwithstanding the

foregoing, Broker may be required to consent to such policies and procedures, and such terms and

conditions of use regarding Lender’s broker website, present and future, via a “click-through” or hard

copy agreement, in which case, Broker agrees that by acceptance of such, Broker shall be legally

bound thereby. Further, Broker expressly agrees that Lender may change the policies and procedures

and/or terms and conditions of use governing Lender’s broker website, present and future, at any

time and for any reason upon notice to Broker, and any such change shall be effective on the date

specified in such notice.

NOTICES

28. Any notice or demand which is given pursuant to this Agreement shall be deemed to have been

sufficiently given if in writing and delivered personally or sent by registered or certified mail (return

receipt requested), postage prepaid, or sent by facsimile (and confirmed promptly by telephone) with

a hard copy sent by overnight courier service, or sent by overnight delivery to the following addresses,

unless otherwise specified in this Agreement:

If to Lender: If to Broker

Allied Mortgage Group

Attention: Bob Wexler

225 E. City Ave, Suite 102

Bala Cynwyd, PA 19004

Phone: 610-668-2745

Fax: 610-680-3912

Email: bob@alliedmg.com

Revised – 09/19/2022

All such notices or other communications shall be deemed to have been received: (i) on the date of

such personal delivery, if sent by personal delivery; (ii) on the date of facsimile transmission (and machine-

confirmed receipt), if sent by facsimile transmission; (iii) on the third (3

) business day after being mailed

by registered or certified mail, if sent by registered mail or certified mail; and (iv) on the next business day

after being sent via commercial overnight courier, if sent by commercial overnight courier.

HOME EQUITY – LIMITED AGENCY APPOINTMENT

29. With regard to home equity loans secured by owner occupied collateral located in Texas, Lender

hereby appoints Broker as Lender’s agent for the sole and limited purpose of complying with the pre-

closing disclosure requirements of Section 50(a)(6), Article XVI, Texas Constitution relating to the

notice required by Section 50(g), identified herein as the “Notice Concerning Extension of Credit”, so

that the 12-day pre-closing period may commence to run as soon as possible. This limited agency is

restricted to the Broker receiving the loan application from the owner on behalf of the Lender and

providing the owner a copy of the Notice Concerning Extension of Credit for the sole purpose of

starting the 12-day period and for no other purpose. Broker is not acting as the agent of Lender in

receiving the loan application for any other purpose, including but not limited to disclosures required

by the Truth In Lending Act and Regulation Z.

JURISDICTION

30. Any action arising out of this Agreement or the transactions contemplated shall be instituted in any

state or federal court located in the Commonwealth of Pennsylvania without regard to choice of law

provisions thereof. Further, each Party expressly waives any obligation which such Party may have to

the laying of venue of any such action, and irrevocably submits to the jurisdiction of any such court

and agrees to be fully bound by any final unappealed decision of those courts.

ENTIRE AGREEMENT

31. This Agreement constitutes the entire agreement between the parties with respect to the relationship

hereby established and shall supersede and cancel all prior agreements, offers and negotiations

whether in writing or otherwise. This Agreement may be amended and any provision hereof waived,

but only in writing signed by the party against whom such amendments or waiver is sought to be

enforced.

SUCCESSORS AND ASSIGNS

32. This Agreement will insure to the benefit of and be binding upon the parties hereto and their

successors and assigns. However, neither Lender nor Broker shall assign this Agreement without the

prior written consent of the other except that Broker expressly agrees that Lender may, in its sole

discretion, transfer and assign this Agreement to any of its affiliates. Nothing in this Agreement,

express or implied, is intended to confer on any person other than the parties hereto and their

successors and permitted assigns, any rights, obligations, remedies or liabilities.

SEVERABILITY

33. Any part, provision, clause, sentence, representation or warranty of this Agreement which is

prohibited, or which is held to be void or unenforceable shall be ineffective to the extent of such

prohibition or unenforceability without invalidating the remaining provisions hereof.

RELATIONSHIP OF THE PARTIES

34. Nothing herein contained shall be deeded or construed to create a partnership, agency or joint

venture between the Parties hereto. The services of Broker shall be rendered as an independent

contractor and not as agent for Lender, and Broker shall not represent to any applicant(s) that it is an

Revised – 09/19/2022

agent for Lender. This Agreement creates a non-exclusive relationship between the Parties.

GOVERNING LAW

35. This Agreement shall be governed by and construed in accordance with the laws of the

Commonwealth of Pennsylvania.

WAIVER OF JURY TRIAL

36. THE PARTIES HEREBY KNOWINGLY AND VOLUNTARILY WAIVE ANY RIGHT WHICH EITHER OR BOTH OF

THEM MAY HAVE TO RECEIVE A TRIAL BY JURY WITH RESPECT TO ANY CLAIMS, CONTROVERSIES OR

DISPUTES ARISING OUT OF OR WHICH RELATE TO THIS AGREEMENT OR THE SUBJECT MATTER

HEREOF.

DISPUTE RESOLUTION

37. The Parties hereby waive their rights to institute litigation with respect to any dispute arising under

this Agreement except as to disputes arising under Subsection 37(e), and consent instead to be bound

by the results of the dispute resolution process of this Section provided, however, that the foregoing

shall not affect the right of a Party to seek judicial confirmation or relief after the entry of a Decision

(as defined below) by an Arbitrator (as defined below) which is not complied with within the time

required therein.

In t

he event that a dispute or disagreement arises that cannot be amicably resolved, either Party, may

apply to the American Arbitration Association (“AAA”) for arbitration and the appointment of an

arbitrator ("Arbitrator") in accordance with the following procedures:

Rules of Arbitration. The arbitration process shall be conducted by the Arbitrator at a location in or

near Bala Cynwyd, Pennsylvania selected by the Arbitrator, and shall be conducted under the

Federal Arbitration Act, 9 U.S.C. Section 1, et seq., subject to this Agreement, any other documents

executed by the Parties and Law. Except as provided herein, the Arbitrator shall follow the rules of

the AAA, but shall have discretion to vary from those guidelines in light of the nature or

circumstances of any particular disagreement. Discovery rules and the extent and scope of

discovery with respect to any dispute shall be in the sole discretion of the Arbitrator responsible for

the arbitration with respect to such dispute.

Timing of Arbitration. The Parties shall cooperate in good faith to permit a conclusion of the

arbitration hearing within twenty (20) business days following the appointment of the Arbitrator

(including, but not limited to, making representatives available for the arbitration), and shall

endeavor to submit a joint statement setting forth each dispute to be resolved, including a

summary of each Party's position on each dispute.

Arbitration Hearing. In all events, unless waived by the Parties, the Arbitrator will conduct an

arbitration hearing at which the Parties and their counsel shall be present and have the opportunity

to present evidence and examine the evidence presented by the other Parties. The proceedings at

the arbitration hearing shall, unless waived by the Parties, be conducted under oath and before a

court reporter.

Revised – 09/19/2022

Reliance on Experts. If the matters or issues involved in any dispute are outside the scope of

expertise of the Arbitrator acting as the arbitrator with respect to such dispute, the Arbitrator shall

have the right to obtain and rely on experts with respect to the applicable matters or issues (such as

mortgage loan consultants, lawyers, accountants, etc.). All costs of any experts retained by the

Arbitrator shall be borne by the Parties in accordance with Subsection 37(g). The services or advice

obtained from experts by the Arbitrator in accordance with this Section shall not be in lieu of any

testimony that a Party may wish to present from its own expert on the matters or issues that are

the subject of the dispute.

Decision of Arbitrator. Upon the conclusion of the arbitration hearing, the Arbitrator shall render a

decision with respect to each individual dispute. The decision of the Arbitrator with respect to any

dispute shall be final and binding on all Parties. As part of its decision, an Arbitrator acting as an

arbitrator hereunder may render a decision compelling specific performance by a Party of its

obligations under this Agreement. The Arbitrator acting as an arbitrator of any dispute hereunder

shall have the authority to award monetary damages subject to any limitations on damages in this

Agreement. A judgment may be entered and enforced by any court of competent jurisdiction based

on any decision rendered by an Arbitrator acting as an arbitrator hereunder.

Standards of Conduct. If a dispute is submitted to arbitration, the Parties agree that they will not

contact or communicate with the Arbitrator who was appointed as arbitrator with respect to any

dispute either ex parte or outside of the contacts and communications contemplated by this

Section.

Costs. The cost of resolving any dispute pursuant to arbitration, as described in this Section, shall be

borne by the Parties as determined by the Arbitrator who acts as arbitrator with respect to such

dispute.

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly executed as of day and year first

above written.

LENDER: BROKER:

Allied Mortgage Group

Bob Wexler Company Name

Vice President

Principal Name/Title

Signature Principal Signature

Date Date

Revised – 09/19/2022

ADDENDUM TO MORTGAGE BROKER AGREEMENT

MORTGAGE BROKER FAIR LENDING COMPLIANCE CERTIFICATION

Allied Mortgage Group Inc. (the “Company”) is committed to treating all prospective and existing customers in a fair and

equitable manner. As part of this commitment, the Company has adopted a Fair Lending Policy, which promotes

organizational compliance with applicable fair lending laws, including the Equal Credit Opportunity Act (ECOA) and Fair

Housing Act.

As a third party (“you”) who takes customer applications and brings customers to the Company for assistance in obtaining

a loan, the Company requests that you review the following set of expectations and acknowledge and confirm that you

operate in accordance with fair lending laws as they apply to your business with the Company.

Pursuant to its Fair Lending Policy, the Company conducts routine monitoring of third parties for fair lending compliance

and reserves the right to take action against third parties where fair lending risks, or violations, are identified. This includes,

but is not limited to, restrictions on business and suspension of the business relationship.

Fair Lending Laws

ECOA, and its implementing regulation, is a law that prohibits discrimination with respect to any aspect of a credit

transaction. The Fair Housing Act, and its implementing regulations, contain similar prohibitions against discrimination with

respect to the origination or purchase of loans secured by real estate. Under both ECOA and the Fair Housing Act, it is also

unlawful to make any oral or written statement, in advertising or otherwise, to applicants or prospective applicants that

would discourage on a prohibited basis a reasonable person from making or pursuing an application.

Collectively, the Company, ECOA, and the Fair Housing Act prohibit discrimination based on (i.e., the “prohibited bases”):

• Race or color;

• Marital status;

• Familial Status;

• Religion;

• Age;

• Handicap; or

•

Sexual orientation or gender identity.

• National origin;

• Receipt of public assistance income;

• Sex;

• The exercise of any right under the

Consumer Credit Protection Act;

Theories of Discrimination

While the above-mentioned fair lending laws provide a clear set of prohibited practices, fair lending laws also generally

recognize three types of discrimination. These are:

• Overt Discrimination – Overtly discriminatory policies or practices.

• Disparate Treatment – Adverse use of discretion in the lending function relative to a prohibited basis; and

• Disparate Impact – Application of a nondiscriminatory policy that has a discriminatory impact.

Acknowledgement

The Company is committed to engaging in fair lending in accordance with the above-noted laws, as well as other applicable

fair lending laws. It is the Company’s policy to make credit products available to all applicants who meet the Company’s

credit standards in a fair and consistent manner within the confines of safe and sound lending practices.

The Company appreciates your business and requests that you acknowledge your compliance with the foregoing fair lending

practices of the Company during the entire term of your relationship with the Company. The Company also conducts routine

monitoring to assess third party compliance with fair lending laws.

Received, read, understood and agreed:

BROKER COMPANY NAME

By:

PRINCIPAL OFFICER NAME/SIGNATURE DATE

Revised – 09/19/2022

BROKER HIRING POLICY CERTIFICATION

ADDENDUM TO MORTGAGE BROKER AGREEMENT

All third-party originators (Brokers) who do business with Allied Mortgage Group Inc are expected to have a hiring policy and

procedure in place for checking all employees, including management, involved in the origination of mortgage loans (including

application through closing) against the U.S. General Services Administration (GSA) Excluded Parties List, the HUD Limited Denial of

Participation List (LDP List), and the Federal Housing Finance Agency (FHFA) Suspended Counterparty Program (SCP) list.

Broker certifies that they fully comply with this requirement.

knowledgement

Received, read, understood and agreed:

BROKER COMPANY NAME

PRINCIPAL OFFICER NAME/TITLE

By:

PRINCIPAL OFFICER SIGNATURE DATE

Revised – 09/19/2022

MORTGAGE BROKER COMPENSATION AGREEMENT

This Compensation Agreement (“Agreement”) is made and entered into this day of ,

20____, by and between the “Lender” Allied Mortgage Group Inc., and _____________________ ,

the “Broker”.

In accordance with TILA, this Agreement establishes the agreed upon compensation between Allied Mortgage Group Inc

and the Broker. Allied Mortgage Group will offer two plans: a Borrower-paid plan and a Lender-paid plan. The Broker may

select either plan for each individual loan submitted to Allied Mortgage Group. Compensation may not come from multiple

sources, thus all compensation on each individual loan must be 100% Borrower-paid or 100% Lender-paid.

Borrower-Paid Plan

Under a Borrower-Paid Plan, the Broker may negotiate and establish compensation directly with the borrower and will be paid

100% by the Borrower. The only limitations are:

•

The compensation must be permitted under the program selected

•

The compensation must not exceed any high-cost provisions, higher-priced regulations, state predatory lending laws

or usury laws

•

The compensation must not exceed the amount of the Lender-Paid plan in effect

Note: For subject properties located in New Jersey only, borrower-paid compensation must be disclosed and calculated as

a percentage of the loan amount and cannot be stated as a flat fee.

Lender-Paid Plan

Compensation: Compensation will be established as a percentage of the loan amount. The Broker must pre-select one of

several compensation tiers ranging from 0.25% to 2.75%, in increments of .125%. Once the Broker selects a compensation

tier, that tier applies to all loans submitted during that period. Under a Lender-Paid Plan, compensation may not increase or

decrease on each individual loan. Allied Mortgage Group will also assign a maximum dollar amount.

Additional Provisions

Broker Compensation to Loan Originators: The Broker is responsible for complying with all aspects of TILA, including but

not limited to, compensation to their loan originators. If the Broker selects a Borrower-Paid Plan for a specific loan, the

Broker must compensate the loan originator on either a salary or hourly basis. Bonuses are allowed as long as they are not

based on a specific individual loan. For example, bonuses are allowed to be paid on overall volume or quality. If the Broker

selects a Lender-Paid Plan for a specific loan, the Broker may compensate the loan originator as a fixed percentage of the

loan amount with or without a fixed minimum or maximum dollar amount, but cannot vary with different levels or tiers of

loan amounts. The Broker may also split the Broker’s compensation with the loan originator as long as the amount is a fixed

percentage or fixed dollar amount. The Broker may not pay the loan originator on a loan’s terms or conditions or interest

rate.

The Broker may not compensate a loan originator on factors that are considered proxies such as the credit score or debt-to-

income ratio. If the Broker has multiple branches, all loan originators of each branch must only be paid based on the sole

compensation agreement in place for their company. If the Broker chooses to submit one loan to Allied Mortgage Group

under a Borrower-Paid Plan, and another loan to Allied Mortgage Group under a Lender-Paid Plan, the Broker must still pay

each loan originator in accordance with TILA as stated above. The Broker must have written compensation agreements in

place with their loan originators. These compensation agreements may change periodically but cannot change by individual

loan. Thus, if the loan originator is on a salary and the Broker changes a loan from one Plan to the other, the Broker must

continue to pay the loan originator on a salary. There may be other forms of acceptable and unacceptable compensation.

The paragraph is only intended to outline Broker responsibilities as they relate to compensation to loan originators. The

Broker should refer to the regulation for further guidance or seek legal advice.

Revised – 09/19/2022

Modifications: The Broker may not change plans on a per-loan basis. Established compensation via the Compensation

Addendum (the “Addendum”) will remain in effect for a minimum of 90 days. Broker may choose to change the

compensation indicated on the Addendum as often as every 90 days by notifying Allied Mortgage Group in writing. An

amended Addendum will be prepared stating the new compensation amount and must be executed by both the Broker and

Allied Mortgage Group. Changes will be effective on the first business day of the month following the end of the previously

contracted 90-day period. Once the modification to the Agreement is made, the Broker is responsible for managing loans in

his pipeline to ensure each loan still complies with all Federal, State, County and Local regulations as well as Allied Mortgage

Group policies.

Term: This Agreement shall remain in effect indefinitely until terminated by mutual agreement or at the sole discretion of

Allied Mortgage Group. Upon termination, Broker’s compensation will immediately cease, and Allied Mortgage Group will

not be obligated to pay Broker any additional monies.

Effective Date: This Agreement is effective upon the later date of both parties’ acceptance and will be applied at the time

the individual loan is accepted for submission by Allied Mortgage Group. If modifications are subsequently made to the

Agreement by Addendum, the compensation will be paid in accordance with the Addendum in effect at the time the

individual file is accepted for submission by Allied Mortgage Group. Subsequent modifications by Addendum will not be

applied to loans already accepted by Allied Mortgage Group.

Entire Agreement: This Agreement supersedes any and all agreements, either oral or written, between the parties hereto

with respect to Broker compensation, and governs any Schedules subsequently entered into between Allied Mortgage Group

and Broker excepting the Mortgage Broker Agreement and its Addendums, as well as any and all Allied Mortgage Group

polices which are incorporated herein by reference and remain in full force and effect. Both Parties agree that no

representations, inducements, promises, or agreements (oral or otherwise) have been made by any party or anyone acting

on behalf of any party, which are not embodied herein; and that no other agreement, statement, or promise not contained

herein shall be valid or binding. Any modification of this Agreement will be effective only if it is writing and signed by both

parties.

Governing Law: The Agreement shall be governed by, construed and enforced under the laws of the Commonwealth of

Pennsylvania without conflict of any law. Each of the parties irrevocably submits to the jurisdiction of any state or federal

court located in Montgomery County, Pennsylvania, over any action, suit or proceeding to enforce or defend any right under

this Agreement or otherwise arising from any transaction existing in connection with this Agreement. If any provision of this

Agreement is found to be invalid, such invalidity shall not affect any other provision hereof.

Counterparts and Addendums: This Agreement may be executed in counterparts and Addendums, each of which shall be

deemed an original, and both of which, taken together, shall constitute one and the same instrument.

Electronic Record: Our transmission of this Agreement as an electronic record containing an electronic signature, as those

terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or the facsimile transmission

of this Agreement containing a facsimile of a signature, shall be as effective, enforceable and valid as if a paper version of this

Agreement were delivered containing an original written ink signature.

Indemnification: Broker indemnifies and holds Allied Mortgage Group harmless from Broker’s violation of TILA and

accordingly agrees to cover any losses incurred by Allied Mortgage Group , which includes, but is not limited to, losses

incurred through borrower’s rescission of any loan.

Compliance Certification: Broker agrees to comply with the applicable TILA regulation as it relates to compensation. Broker

certifies to Allied Mortgage Group that Broker has read and understands the regulation mentioned above, and is in

compliance with all requirements of the regulation and has established written compensation agreements with each of its

originators including loan originators, producing managers and/or applicable loan processors, and will compensate these

originators in accordance with the regulation. Broker further certifies that every loan under the Lender-Paid Plan contains a

Safe Harbor document in compliance with the Anti-Steering provision, and that it maintains a signed document on each

loan by all borrowers indicating the loan with the (1) lowest posted interest rate; and (2) lowest posted interest rate for any

loan with no risky features such as pre-payment penalties or balloons; and (3) interest rate with the lowest cost.

Revised – 09/19/2022

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date written below.

Broker:

By:

Printed Name:

Title:

Date:

Revised – 09/19/2022

MORTGAGE BROKER COMPENSATION ADDENDUM

This Addendum supplements, amends and becomes part of the Mortgage Broker Compensation

Agreement (“Agreement”), dated , by and between Allied Mortgage

Group, and (the “Broker”) and supersedes all previous Addendums.

Allied Mortgage Group currently offers both a Borrower-Paid Compensation Plan and a Lender-Paid

Compensation Plan.

You

r elected Lender-Paid Compensation will be ________bps per funded loan (from 50 to 275bps with

increments of 25 bps).

Minimum $ Maximum $

e maximum dollar amount of our compensation will never exceed $25,000.

Any compensation changes will apply to any and all loans with a Lock Date on or after the Effective Date

listed above.

Subj

ect to the modifications set forth herein, all other terms, conditions, and provisions of the Agreement

are affirmed, incorporated herein by reference and shall remain in full force and effect. All terms not

otherwise defined herein shall have the meaning specified in the Agreement.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date written below.

OKER

By:

Printed Name:

Title:

Date:

Revised – 09/19/2022

CORP

ORATE RESOLUTION

A meeting of the Board of Directors of

Corporation Name

was held on day of , 20____.

Resolved that

Corporation Name

mmences to do business with Allied Mortgage Group for the purpose of submitting loans for approval

and funding by said Lender.

Accordingly, I , _______________________________________

Name of Witnessing Officer Title of Witnessing Officer*

of a Corporation, do

Corporation Name State

hereby certify that as

Corporation Officer who Executed Agreement** Title of Officer who Executed Agreement

is authorized to execute documents and forms on behalf of the corporation and be bound by the terms

and conditions of the Agreement.

Witness my hand and seal of office on day of___________________________, 20_______

Signature of Witnessing Officer Title of Witnessing Officer

* The party signing this document must be an officer of said Corporation.

** The Officer listed in the Corporation Officer space above must be the same Officer that executed the Agreement.

Revised – 09/19/2022

ANTI-MONEY LAUNDERING &

BANK SECRECY ACT COMPLIANCE DECLARATION

Per the final Rule 31CFR, (Parts 1010 and 1029) of the Bank Secrecy Act, dated February 14, 2012,

issued by the U.S. Department of Treasury, Financial Crimes Enforcement Network (FinCEN)

requiring non-bank residential mortgage lenders, mortgage loan brokers and originators to establish

an Anti-Money Laundering (AML) program and file Suspicious Activity Reports (SARs), Allied

Mortgage Group requires that all third party clients certify that they are fully compliant with the

Rule.

The applicant named below hereby certifies that they have a current and compliant Anti-Money

Laundering (AML) plan in place.

____

______________________________________ _______________________

President Date

Revised – 09/19/2022

VA Approval Form

If you are NOT approved with the VA, just let us know and we’ll help you get approved.

you are already VA approved and you want to originate VA loans for Allied, please follow these instructions.

• Al

lied will pay for your first year VA sponsorship! No need to send us a check.

• Find a copy of a document or screen shot from VA Portal reflecting your existing VA ID number.

ease note: Sponsorship must be completed by the VA before you can close a VA loan with Allied.

you wish to be sponsored by Allied for VA loans, please sign below

____

__________________________________________

Signature

____

__________________________________________

Company Name

______________________________________________

VA Number