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ARIZONAMORTGAGE BROKER ADVANCE FEE AGREEMENT Pursuant to Ariz. Rev. Stat. Ann. 6906(C). In order to proceed with your residential mortgage loan application, you agree to first deposit funds for payment

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How to fill out mortgage broker advance fee

01

To fill out a mortgage broker advance fee, follow these steps:

02

Gather all the necessary documents and information you will need to complete the fee form.

03

Start by filling out your personal information, including your full name, contact information, and any other requested details.

04

Provide the details of the mortgage broker you are working with, including their name, company name, and contact information.

05

Fill in the mortgage broker advance fee amount you are agreeing to pay.

06

Specify the payment method you will be using to pay the fee.

07

Review the completed form for accuracy and make any necessary corrections.

08

Sign and date the form, indicating your agreement to the terms and conditions.

09

Submit the completed mortgage broker advance fee form to the appropriate party as instructed.

10

Keep a copy of the filled-out form for your records.

Who needs mortgage broker advance fee?

01

Mortgage broker advance fees are typically needed by individuals who are seeking the services of a mortgage broker.

02

These individuals may be looking to purchase a home, refinance their existing mortgage, or explore other mortgage options.

03

Applicants who want the assistance, advice, and expertise of a mortgage broker often have to pay an advance fee as part of the broker-client relationship.

04

The advance fee helps cover the costs associated with the mortgage broker's services and ensures that the broker is compensated for their time and effort in assisting the applicant.

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