Licenses and Disclosures

Peklava LLC, DBA RateZip, NMLS ID 1592292.

RateZip does not originate, make, or fund mortgage loans. RateZip does not collect mortgage loan applications or pre-qualify or pre-approve borrowers. Lenders and brokers use RateZip as a platform to advertise their products and services. RateZip is an independent publisher of bank information and does not guarantee the rates, points, or loan programs offered by lenders and brokers. Information provided on Ratezip’s website is subject to change without notice.

States:

Alaska - Mortgage Broker/Lender License, License #AK1592292; DBA RateZip, Mortgage Broker/Lender License - Other Trade Name #1, License #AK436456-1

Arizona - Mortgage Broker License, License #0944477

Arkansas - Mortgage Broker License, License #114291

California – Licensed by the Department of Business Oversight, Finance Lenders Law License, License #60DBO83007

Peklava LLC, DBA RateZip, is licensed under the Finance Lenders Law, License number 60DBO83007, at 78 Deer Run Road, Red Hook, NY 12571.

RateZip does not make mortgage loans or commitments.

If a lender that has received your request makes you an offer, they are required to send you an integrated disclosure and initial Loan Estimate containing all the required TILA and RESPA disclosures within three business days.

If the lender denies your request for credit and that action is based, in whole or in part, on any information contained in a consumer credit report, you have the right to obtain, within sixty days, a free copy of your consumer credit report from the credit reporting agency which compiles and maintains files on consumers on a nationwide basis.

You also have the right to dispute the accuracy or completeness of any information in a consumer credit report furnished by the consumer credit reporting agency by contacting that agency directly. An applicant, if married, may apply for a separate account.

The Housing Financial Discrimination Act of 1977 Fair Lending Notice. It is illegal to discriminate in the provisions of or in the availability of financial assistance because of the consideration of:

1)Trends, characteristics or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound business practice; or

2)Race, color, religion, sex, marital status, national origin or ancestry.

It is illegal to consider the racial, ethnic, religious or national origin composition of a neighborhood or geographic area surrounding a housing accommodation or whether or not such composition is undergoing change, or is expected to undergo change, in appraising a housing accommodation or in determining whether or not, or under what terms and conditions, to provide financial assistance.

These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation or refinancing of one-to-four unit family residence occupied by the owner and for the purpose of the home improvement of any one-to-four unit family residence.

If you have any questions about your rights, or if you wish to file a complaint, contact the management of this institution or

Department of Business Oversight:

320 West 4th Street, Suite 750

Los Angeles, CA 90013-2344

Phone: (213) 576-7500

One Sansome Stree, Suite 600

San Francisco, CA 94104-4428

Phone: (415) 972-8565

1515 K Street, Suite 200

Sacramento, CA 95814-4052

Phone: (916) 445-7205

1350 Front St., #2034

San Diego, CA 92101-3697

Phone: (619) 525-4233

Toll-Free Phone (all locations): (866) 275-2677

Website: http://www.dbo.ca.gov

Bureau of Real Estate

1651 Exposition Boulevard

Sacramento, CA 95815

RateZip receives a fee from lenders as compensation for passing along your mortgage inquiry. By submitting an inquiry through RateZip’s site, you acknowledge that a fee will be paid to RateZip by the lender.

Connecticut - Lead Generator License, License #LG-1592292

RateZip is a LEAD GENERATOR ONLY, NOT A MORTGAGE BROKER, LENDER, OR CORRESPONDENT LENDER.

District of Columbia - Mortgage Broker License, License #MLB1592292

If you do business with one of our participating lenders, the lender will issue a financing agreement in accordance with D.C. Code Ann. § 26-1113. The financing agreement will include the following: (1) the terms and principal amount of the loan, (2) an explanation of the type of mortgage loan being offered, (3) the loan’s rate of interest and, if the rate is subject to change, or is a variable rate, or is subject to final determination at a future date based on some objective standard, a specific statement of those facts, (4) the points and fees, if any, to be paid by either the borrower or seller, and (5) the term during which the financing agreement remains in effect. The lender must execute the financing agreement and the financing agreement must be delivered to the borrower a minimum of 72 hours before the time of settlement.

Florida - Mortgage Broker License, License #MBR2694

RateZip is not a Mortgage Loan Originator and does not make mortgage loans or commitments. RateZip can also not guarantee acceptance into programs offered by participating lenders.

If you apply for a mortgage loan with one of our participating lenders, the lender will provide a Good Faith Estimate containing fees required for your loan, including appraisal fees, credit report fees, and other third-party fees. This document will also contain information on whether or not any fees are refundable.

YOU ARE NOT REQUIRED TO PURCHASE ADDITIONAL PRODUCTS OR SERVICES FROM RATEZIP OR FROM ANY PERSON OR ENTITY SUGGESTED OR RECOMMENDED BY RATEZIP. HOWEVER, RATEZIP RESERVES THE RIGHT TO APPROVE THE ENTITY SELECTED BY YOU, WHICH APPROVAL MAY NOT BE UNREASONABLY WITHHELD.

Georgia - Mortgage Broker/Processor License/Registration, License #60921

Kansas - Kansas Mortgage Company License No. MC.0025542

RateZip is a lead generation company licensed with the Kansas Office of the State Bank Commissioner in accordance with the laws of the state of Kansas. This license does not represent an endorsement or recommendation of the licensee's products or services by the Office of the State Bank Commissioner. As a consumer, you may submit a complaint or inquiry about this mortgage business by delivering a written statement to the Office of the State Bank Commissioner, 700 Jackson, Suite 300, Topeka, Kansas 66603.

Louisiana - Residential Mortgage Lending License

Loan brokerage contracts have not been reviewed, approved or disapproved by the state of Louisiana. The information contained in this disclosure has not been verified by the state. Speak with an attorney before signing a loan contract if you have any questions or concerns.

Maryland - Maryland Mortgage Lender License

Peklava LLC does not accept or solicit any fees or payments from consumers. If you submit a loan inquiry to Peklava LLC and your loan inquiry is forwarded to our participating lenders, you may be issued a Financing Agreement by Lenders as per the Maryland Commercial Law Code §§ 12-125, 1013. This Financing Agreement must have the following: (1) the term and principal amount of your loan; (2) an explanation of the type of mortgage loan being offered; (3) the rate of interest, whether the rate of interest is a variable rate or subject to change, and if the rate is subject to final determination at a future date based on some objective standard, a specific statement of those facts; (4) the points, if any, to be paid by the borrower or the seller; and (5) the effective term for the Financing Agreement.

Minnesota - Residential Mortgage Originator License, License #MN-MO-1592292; DBA RateZip, Residential Mortgage Originator License Other Trade Name #1, License #MN-MO-1592292.1

RATEZIP IS NOT ACTING AS YOUR AGENT IN CONNECTION WITH OBTAINING A RESIDENTIAL MORTGAGE LOAN. WHILE WE SEEK TO ASSIST YOU IN MEETING YOUR FINANCIAL NEEDS, WE CANNOT GUARANTEE THE LOWEST OR BEST TERMS AVAILABLE IN THE MARKET.

This is not an offer to enter an interest rate lock-in agreement under Minnesota law.

Mississippi - Mortgage Broker License, License #1592292

Montana - Mortgage Broker License, License #1592292

Nebraska - Mortgage Banker License

North Dakota - Money Broker License, License #MB103262

NOTICE: MONEY BROKERS ARE LICENSED AND REGULATED BY THE DEPARTMENT OF BANKING AND FINANCIAL INSTITUTIONS, 2000 SCHAFER STREET, SUITE G, BISMARCK, NORTH DAKOTA 58501-1204.THE DEPARTMENT OF BANKING AND FINANCIAL INSTITUTIONS HAS NOT PASSED ON THE MERITS OF THE CONTRACT AND LICENSING DOES NOT CONSTITUTE AN APPROVAL OF THE TERMS OR OF THE BROKER’S ABILITY TO ARRANGE ANY LOAN. COMPLAINTS REGARDING THE SERVICES OF MONEY BROKERS SHOULD BE DIRECTED TO THE DEPARTMENT OF BANKING AND FINANCIAL INSTITUTIONS.

If your loan request is forwarded to one or more participating Lenders, you will receive from the Lenders detailed information about your loan, including the loan amount, interest rate, points, fees and other terms.

Oregon - Mortgage Lending License, License #ML-5671

Pennsylvania - Mortgage Broker License, License #65811

Office: 78 Deer Run Road, Red Hook, NY 12571

If you decide to work with one of our participating lenders, the lender may require an application fee to pay for the costs of an appraisal, credit report or other items. The fee you may be required to pay is determined by the lender. The loan documents will state whether or not fees paid are refundable.

Variable Interest Rate Disclosure

The Loan Interest and Protection Law of Pennsylvania, which applies to loans of $50,000 or less, requires lenders offering a mortgage with a variable interest rate to offer a mortgage with a rate that will not change as well. The fixed interest rate mortgage must have terms and a rate that are reasonably competitive. On variable interest loans, the lender will explain to you how the interest rate can change in the future, the effect of changes in the index on the rate and term, and an explanation of the index.

Rhode Island - Loan Broker License, License #20183605LB

Tennessee - Tennessee Mortgage License No. 163737

Texas – Licensed by the Department of Savings and Mortgage Lending - Mortgage Company License

RESIDENTIAL MORTGAGE LOAN ORIGINATOR DISCLOSURE

Residential Mortgage Loan Originator: Paul Everett Knag Jr.

License Number: 1624142

The information in this disclosure is provided to clarify the nature of our relationship, my duties to you, and how I am to be compensated as a Residential Mortgage Loan Originator. This disclosure is a requirement of the Texas Mortgage Broker License Act. Since I am working for Peklava LLC, references to "we" or "us" refer to me and Peklava LLC.

Duties and Nature of Relationship

We will be acting as follows:   We will submit your loan request to a participating Lender which we may from time to time contract upon such terms as you may request or a Lender may require. In connection with this mortgage loan, we are acting as an independent contractor and not as your agent. We will enter into separate independent contractor agreements with various Lenders. While we will seek to assist you in meeting your financial needs, we do not distribute the products of all lenders or investors in the market and cannot guarantee the lowest or best terms available in the market.

How Peklava LLC will be compensated

Peklava LLC does not charge a fee to interested borrowers. Peklava LLC is compensated by the lender for services provided by Peklava LLC. Fees are paid by the lender.

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST PEKLAVA LLC OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE, SIGN, AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.   A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS.  A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM.  FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.

Washington - Washington Mortgage Broker License No. MB-1592292 (DBA RateZip)

You are not required to use Peklava LLC's computerized loan request services to obtain a residential mortgage loan. Peklava LLC’s computerized loan request system may not list the full selection of loans available as offered by Lenders. Different terms and rates may be available from others not listed on the system.

If your loan request is forwarded to one or more participating Lenders you may receive from the Lenders an initial disclosure statement required under the TILA and a good faith estimate of settlement costs under RESPA.

An interest rate quoted in connection with the loan you select is subject to change without notice unless and until an interest rate lock-in agreement has been made between you and the lender. Peklava LLC does not offer lock-in agreements and does not guarantee any rate of interest quoted by participating Lenders. If you enter a lock-in agreement with the a participating Lender and are required to pay a lock-in fee, the terms and conditions under which the lock-in fee may be refunded, if any, will be set by the Lender. The Lender has an obligation to send written confirmation to you of the terms of the lock-in agreement in three (3) business days, including Saturdays, through first class mail.

Peklava LLC will not collect any fees from you in connection with your completion of a loan request. All fees will be collected from and payable by the Lender. If the Lender is licensed under the Mortgage Broker Practices Act, the fees paid by you for third-party provider services (such as an appraisal or credit report), may be held in a trust account and any moneys remaining after the payment to third-party providers will be refunded to you.

If you are unable to obtain a loan for any reason, the Lender, if licensed under the Mortgage Broker Practices Act, will, within five (5) days of a written request by you, give copies to you of any appraisal, title report, or credit report paid for by you, and transmit the original appraisal, title report, or credit report to any other mortgage broker or lender to whom you direct. Transmission of these reports includes the right to use these reports. You are also entitled to receive a copy of any appraisal paid for by you, pursuant to the federal Equal Credit Opportunity Act.

Washington state law against discrimination prohibits discrimination in credit transactions because of race, creed, color, national origin, sex or marital status. The Washington State Human Rights Commission administers compliance with this law.

Wyoming - Mortgage Broker License, License #3181