Your Consent To Do Business Electronically

The loan for which you are applying involves various disclosures, records, and documents (“Loan Documents”), including this eDisclosure Agreement.  The purpose of this eDisclosure Agreement is to obtain Your consent to receive certain Loan Documents from Us in electronic form rather than in paper form.   We also need your general consent to use electronic records and signatures throughout our relationship with you.

Before We can engage in this transaction electronically, it is important that You understand Your rights and responsibilities.  Please read the following and affirm Your consent to conduct business with Us electronically.  For purposes of this eDisclosure Agreement “eDisclosures” means the Loan Documents related to this transaction that are provided electronically, “You” and “Your” mean the borrower(s) under the applicable loan to which such Loan Documents apply, and “We”, “Our” and “Us” mean the applicable loan broker(s), loan processor(s) or lender(s) with whom You are transacting business for such loan(s).

 

YOUR CONSENT

  • Your consent to participate in this transaction electronically will apply to all Loan Documents for the applicable loans for which You are applying. If You provide Your consent we will conduct this transaction electronically, instead of providing You with the Loan Documents in paper form. Your consent remains in effect until you give us notice that you are withdrawing it.
  • If You do not consent to receive these Loan Documents electronically, Your loan request will be canceled.
  • There are certain Communications that by law we are not permitted to deliver to you electronically, even with your consent. So long as required by law, we will continue to deliver those Communications to you in writing. However, if the law changes in the future and permits any of those Communications to be delivered as Electronic Records, this eDisclosure Agreement will automatically cover those Communications as well.

 

YOUR WITHDRAWAL OF CONSENT

  • You have the right to withdraw Your consent at any time. By declining or revoking Your consent to receive eDisclosures while in the application phase, We will cancel Your loan request.
  • If You originally consent to receive eDisclosures, but later decide to withdraw Your consent, You can do so by notifying Us at: Address:  4501 23rd Avenue S., Fargo, ND 58104.
  • If You originally consent to receive eDisclosures, but later withdraw Your consent, You will be provided with paper copies of any required disclosures which You did not consent to receive electronically.
  • Your withdrawal of consent will become effective after we have had a reasonable opportunity to act upon it.

 

YOUR OPTION TO RECEIVE PAPER COPIES

  • After Your consent is given, You may request from Us paper copies of Your Loan Documents. Please send this request to Us at: Address:  4501 23rd Avenue S, Fargo, ND  58104
  • If You request paper copies of the Loan Documents, You will be required to pay a fee of $10.00.

 

SYSTEM REQUIREMENTS

  • In order to receive eDisclosures, You must have a computer with Internet access and an Internet email account and address; an Internet browser using 128-bit encryption or higher, Adobe Acrobat 7.0 or higher, SSL encryption and access to a printer or the ability to download information in order to keep copies of Your eDisclosures for Your records.

 

CHANGES TO SYSTEM REQUIREMENTS

  • If the software or hardware requirements change in the future, and that change would create a material risk that you would not be able to access or retain your Electronic Records, We will notify You of the change.  Continuing to view, sign, and authorize the Loan Documents electronically without withdrawal of your consent is reaffirmation of your consent.
  • If You choose to withdraw Your consent upon notification of the change, You will be able to do so without monetary penalty.  Paper copies of such Loan Documents will be mailed to You if You choose to withdraw Your consent.

 

YOU MUST KEEP YOUR EMAIL OR ELECTRONIC ADDRESS CURRENT WITH US

  • You must promptly notify Us if there is a change in Your email address or in other information needed to contact You electronically. You can contact Us at: Address: 4501 23rd Ave S, Fargo, ND 58104.
  • We will not assume liability for non-receipt of notification of the availability of eDisclosures in the event Your email address on file is invalid; Your email or Internet service provider filters the notification as “spam” or “junk mail”; there is a malfunction in Your computer, browser, Internet service and/or software; or for other reasons beyond Our control.

 

By providing your consent, you are also confirming that you have the hardware and software described above, that you are able to receive and review Electronic Records, and that you have an active email account.