Affiliated Business Arrangement Disclosure Statement
In that referring party is owned and controlled by an entity known as Schumacher Homes Inc. which owns a 50% ownership interest in Schumacher Mortgage, LLC and Schumacher Insurance, LLC.
Because of this relationship, this referral may provide the referring party and /or its parent company, affiliates and employees a financial or other benefit.
Set forth below are a range of charges for the settlement services listed.
You are NOT required to use the listed provider(s) as a condition for settlement of your loan on, or the 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.
SCHUMACHER MORTGAGE, LLC
Services Provided: |
Range of Charges for Services: |
Mortgage Brokerage and Lending Services |
Maximum of up to 3% of loan amount |
SCHUMACHER INSURANCE, LLC
Service Provided: |
Change or Range of Charges: |
Provider and Settlement Service |
Range: $500.00 - $4,000.00 |