Get Representing The Borrower Service Agreement - Reca

Filling out the Representing The Borrower Service Agreement - Reca online can streamline the process of securing mortgage financing while ensuring your personal information is handled with care. This guide will walk you through the steps needed to complete the form accurately and effectively.

Follow the steps to fill out the form accurately and efficiently.

1. Click the ‘Get Form’ button to obtain the document and open it for editing.
2. Begin by entering the name of the Mortgage Brokerage in the designated space, where it states 'the Mortgage Brokerage (we)'. This identifies the entity acting on your behalf.
3. Fill in your name and any co-borrower names in the section labeled 'the Borrower(s) (you)'. Ensure this information is accurate to avoid any future discrepancies.
4. In the 'Term of Agreement' section, specify the date and time when the agreement will commence and note that it ends upon the funding of the loan, mortgage or other financing.
5. In the 'Services' section, review the services that will be provided by the brokerage. Acknowledge your understanding of the personal information collection process.
6. Complete the 'Personal and confidential information' section, ensuring you consent to the collection and sharing of your personal data as outlined. This may involve signing or providing initials as indicated.
7. In the 'Our responsibilities' section, review the responsibilities outlined, both for the brokerage and for you as the borrower. It may be necessary to confirm your understanding and agreement.
8. For the 'Credit Bureau Consent', authorize the brokerage to obtain credit reports by providing the name of the credit bureau if not already provided.
9. In the 'Our fee' section, review any fees or financial benefits that may be received by the brokerage and make sure to understand what these entail.
10. Read through the sections regarding the 'Early end to this agreement' and 'Other details about this agreement', ensuring you understand the terms of termination and legal obligations.
11. Fill in the 'Contact information' section with your details and those of the brokerage. Check that all contact information is accurate.
12. Finally, sign and date the agreement at the bottom, ensuring all required signatures from both the borrower and the brokerage representative are present.
13. Once all fields are completed and reviewed, you can proceed to save your changes, download, print, or share the form as necessary.

Start completing your documents online today to streamline your borrowing experience!