Each of the undersigned hereby authorizes Ammag Holdings LLC dba Ammag Realty Group and its actual or potential lenders, agents, brokers, processors, attorneys, insurers, servicers, successors and assigns (collectively, “Lender”) to make all inquiries it deems necessary to verify the accuracy of the information provided herein and to determine my/our creditworthiness. This includes my/our and my company’s past and present employment, earnings records, bank accounts, stock holdings, insurance information and any other asset balances needed to process this private funding application.
I/we also authorize the release of any information necessary for any purpose related to our credit transaction with Lender, including a background check and an Office of Foreign Assets Control (OFAC) inquiry. The information obtained is only to be used in the processing of my private funding application. This authorization expires 120 days from the date of signature. I/we further authorize Lender to order a private funding credit report and verify all other credit information, including past and present mortgage and landlord references. It is understood that a photocopy of this document shall also serve as authorization, and that an electronic signature will serve as a legal signature.
Privacy Act Notice: This information is used by the company and its affiliates or their assignees in determining whether you qualify for prospective private funding, and may be used to determine fees, pricing and other compensating factors. It will not be disclosed outside the company and its affiliates except as required and permitted by law. You do not have to provide this information, but if you do not, your application may be delayed or rejected.
The undersigned parties acknowledge and agree that Lender, any owner of the loan, and each of their servicers, successors and assigns may verify or re-verify any information contained in this application, or obtain any information or data relating to the loan for legitimate business purposes, through any source including a source named in this application or any credit reporting agency.