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Broker Originator Compensation Certification
To accept loan applications that a Broker submits to Hometown Equity Mortgage, LLC, DBA thereunder (further
referred to as thereunder)Broker represents,
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What is broker origination compensation certification?
Broker origination compensation certification is a document that certifies the compensation received by brokers for originating mortgage loans.
Who is required to file broker origination compensation certification?
Broker origination compensation certification must be filed by mortgage brokers who receive compensation for originating mortgage loans.
How to fill out broker origination compensation certification?
Broker origination compensation certification can be filled out by providing detailed information about the compensation received for originating mortgage loans.
What is the purpose of broker origination compensation certification?
The purpose of broker origination compensation certification is to ensure transparency and compliance with regulations regarding the compensation received by brokers for originating mortgage loans.
What information must be reported on broker origination compensation certification?
Broker origination compensation certification must include details about the amount and nature of compensation received for originating mortgage loans.
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