Outsource
Mortgage Processing
Exhibit
A
PAYMENT
FOR PROCESSING AUTHORIZATION
Processing
Fee to be paid out of closing proceeds
I_________________________________acting
in my own stead, or on behalf of,
(Individual Name)
__________________________________authorize
and instruct, any designated closing agent, or
(Broker / Bank Name)
any designated lender, chosen by design, or circumstance, that is authorized
to disburse funds on any loans originated by myself and processed by OUTSOURCE
MORTGAGE PROCESSING (OMP) to directly pay to OMP any validly submitted
invoices for third party loan processing services.
In the event a chosen lender’s loan program, or loan sponsor’s
(FHA, VA, etc.) guidelines restrict payment of third party loan processing
charges, I hereby instruct the chosen closing agent to withhold such charges
from brokerage fees due myself and pay OMP directly by third party check.
This authorization and instruction
is only limited to those loan applications “closed” and “funded”
as those terms are generally known in the mortgage industry.
Photocopied signatures to
be treated as original as agreed by the signing of this document by an
authorized agent of The Broker company or Bank.
__________________________________ __________________________________
Print Individual Name Print Broker / Bank Name
____________________________________________________________________
Signature/Date
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