This form is a statement of final loan terms and closing costs.

Compare this
Closing Disclosure document with your Loan Estimate.

Closing Information Transaction Information Loan Information

Date Issued {esign.Fill:CDDateIssued}
5/21/2021 Borrower JAVIER SALINAS and MEAGAN WOOD Loan Term 30 years
Closing Date 5/25/2021 See attached page for additional borrower Purpose Purchase
Disbursement Date 5/25/2021 information Product Fixed Rate
Settlement Agent REPUBLIC TITLE OF TEXAS Seller GUY N. GRAY and ELIZABETH T. GRAY
File # 1010-336062-RTT 23 S HIGHLAND DR Loan Type Conventional X FHA
Property 23 S HIGHLAND DR SANGER, TX 76266 VA
SANGER, TX 76266 Lender FIRST UNITED BANK & TRUST COMPANY Loan ID # 3371821
Sale Price $295,900 MIC # 513-2239484-703

Loan Terms Can this amount increase after closing?

Loan Amount $290,540 NO
Interest Rate 3% NO
Monthly Principal & Interest $1,224.93 NO
See Projected Payments below for your
Estimated Total Monthly Payment
Does the loan have these features?
Prepayment Penalty NO
Balloon Payment NO
Projected Payments
Payment Calculation Years 1-30
Principal & Interest $1,224.93
Mortgage Insurance + 200.34
Estimated Escrow + 579.65
Amount can increase over time
Estimated Total
Monthly Payment $2,004.92
This estimate includes In escrow?
Estimated Taxes, Insurance X Property Taxes YES
& Assessments $594.23 X Homeowner's Insurance YES
Amount can increase over time a month X Other: HOA DUES NO
See page 4 for details See Escrow Account on page 4 for details. You must pay for other property
costs separately.

Costs at Closing
Closing Costs $14,846.61 Includes $9,470.25 in Loan Costs + $5,376.36 in Other Costs – $0.00 in
Lender Credits. See page 2 for details.
Cash to Close $10,382.30 Includes Closing Costs. See Calculating Cash to Close on page 3 for details.

CLOSING DISCLOSURE PAGE 1 OF 5 • LOAN ID # 3371821

IDS, Inc. - 67658
Closing Cost Details
Borrower-Paid Seller-Paid Paid by
Loan Costs At Closing Before Closing At Closing Before Closing Others
A. Origination Charges $995.00
01 % of Loan Amount (Points)
02 ADMINISTRATION FEE $995.00
03
04
05
06
B. Services Borrower Did Not Shop For $5,805.25
01 APPRAISAL FEE to FUB FBO FIRST UNITED BANK - COOLEY APPRAISALS, LLC $585.00
02 APPRAISAL OCA FEE to FUB FBO APPRAISAL SHIELD $29.00
03 ATTORNEY DOC PREP FEE to SLG $125.00
04 CREDIT REPORT to FUB FBO CREDIT PLUS $62.75
05 FINAL INSPECTION to FUB FBO FIRST UNITED BANK - COOLEY APPRAISALS, LLC
06 FLOOD CERTIFICATION to FUB FBO SERVICELINK NATIONAL FLOOD $6.50
07 LAND SURVEY to HALFF ASSOCIATES, INC.
08 MORTGAGE INSURANCE PREMIUM to DEPT OF HUD-UFMIP $4,997.00
09 PEST INSPECTION to ACTION PEST SERVICES
10 TAX SERVICE to FUB FBO LERETA $105.00
11 VERIFICATION OF ASSETS to FUB FBO EQUIFAX VERIFICATION SERVICES
12 VERIFICATION OF EMPLOYMENT/INCOME to FUB FBO EQUIFAX VERIFICATION
SERVICES
C. Services Borrower Did Shop For $2,670.00
01 TITLE - COURIER MESSENGER FEES to REPUBLIC TITLE OF TEXAS $20.00
02 TITLE - ENDORSEMENTS to REPUBLIC TITLE OF TEXAS $310.00
03 TITLE - LENDERS TITLE INSURANCE to REPUBLIC TITLE OF TEXAS $1,836.00
04 TITLE - SETTLEMENT FEE to REPUBLIC TITLE OF TEXAS $500.00
05 TITLE - TEXAS GUARANTEE FEE to REPUBLIC TITLE OF TEXAS $4.00
06
07
08
D. TOTAL LOAN COSTS (Borrower-Paid) $9,470.25
Loan Costs Subtotals (A + B + C) $9,470.25

Other Costs
E. Taxes and Other Government Fees $144.00
01 Recording Fees Deed: Mortgage: $144.00
02
F. Prepaids $1,986.12
01 Homeowner's Insurance Premium (12 mo.) to JACOBS INSURANCE SOLUTIONS $1,818.96
02 Mortgage Insurance Premium ( mo.)
03 Prepaid Interest ($23.8800 per day from 5/25/2021 to 6/1/2021) $167.16
04 Property Taxes ( mo.)
05
G. Initial Escrow Payment at Closing $2,818.24
01 Homeowner's Insurance $151.58 per month for 3 mo. $454.74
02 Mortgage Insurance per month for mo.
03 Property Taxes $428.07 per month for 8 mo. $3,424.56
04
05
06
07
08 Aggregate Adjustment – $1,061.06
H. Other $428.00
01 DIVISION OF COMMISSION to VALEN REALTY LLC $8,877.00
02 DIVISION OF COMMISSION to THE MICHAEL GROUP $8,877.00
03 TITLE - OWNERS TITLE INSURANCE to REPUBLIC TITLE OF TEXAS $128.00
04 TRANSFER FEE to JUNCTION PROPERTY $300.00
05
06
07
08
I. TOTAL OTHER COSTS (Borrower-Paid) $5,376.36
Other Costs Subtotals (E + F + G + H) $5,376.36

J. TOTAL CLOSING COSTS (Borrower-Paid) $14,846.61

Closing Costs Subtotals (D + I) $14,846.61 $17,859.00
Lender Credits

CLOSING DISCLOSURE PAGE 2 OF 5 • LOAN ID # 3371821

IDS, Inc. - 67658
 Calculating Cash to Close Use this table to see what has changed from your Loan Estimate.
Loan Estimate Final Did this change?
Total Closing Costs (J) $14,200 $14,846.61 YES • See Total Loan Costs (D) and Total Other Costs (I)
Closing Costs Paid Before Closing $0 $0 NO
Closing Costs Financed
(Paid from your Loan Amount) $0 $0 NO
Down Payment/Funds from Borrower $5,360 $5,360.00 NO
Deposit – $2,610 – $5,918.00 YES • You increased the deposit. See details in Section L
Funds for Borrower $0 $0 NO
Seller Credits $0 $0 NO
Adjustments and Other Credits $0 – $3,906.31 YES • See details in Section L
Cash to Close $16,950 $10,382.30

Summaries of Transactions Use this table to see a summary of your transaction.

BORROWER'S TRANSACTION SELLER'S TRANSACTION
K. Due from Borrower at Closing $310,746.61 M. Due to Seller at Closing
01 Sale Price of Property $295,900.00 01 Sale Price of Property
02 Sale Price of Any Personal Property Included in Sale 02 Sale Price of Any Personal Property Included in Sale
03 Closing Costs Paid at Closing (J) $14,846.61 03
04 04
Adjustments 05
05 06
06 07
07 08
Adjustments for Items Paid by Seller in Advance Adjustments for Items Paid by Seller in Advance
08 City/Town Taxes to 09 City/Town Taxes to
09 County Taxes to 10 County Taxes to
10 Assessments to 11 Assessments to
11 12
12 13
13 14
14 15
15 16
L. Paid Already by or on Behalf of Borrower at Closing $300,364.31 N. Due from Seller at Closing
01 Deposit $5,918.00 01 Excess Deposit
02 Loan Amount $290,540.00 02 Closing Costs Paid at Closing (J)
03 Existing Loan(s) Assumed or Taken Subject to 03 Existing Loan(s) Assumed or Taken Subject to
04 04 Payoff of First Mortgage Loan
05 Seller Credit 05 Payoff of Second Mortgage Loan
Other Credits 06
06 OPTION FEE $200.00 07
07 08 Seller Credit
Adjustments 09
08 TITLE PREMIUM ADJUSTMENT $1,736.00 10
09 11
10 12
11 13
Adjustments for Items Unpaid by Seller Adjustments for Items Unpaid by Seller
12 City/Town Taxes to 14 City/Town Taxes to
13 County Taxes to 15 County Taxes to
14 Assessments to 16 Assessments to
15 TAX PRORATIONS 1/1/21 to 5/21/21 $1,970.31 17
16 18
17 19
CALCULATION CALCULATION
Total Due from Borrower at Closing (K) $310,746.61 Total Due to Seller at Closing (M)
Total Paid Already by or on Behalf of Borrower at Closing (L) – $300,364.31 Total Due from Seller at Closing (N)
Cash to Close X From To Borrower $10,382.30 Cash From To Seller

CLOSING DISCLOSURE PAGE 3 OF 5 • LOAN ID # 3371821

IDS, Inc. - 67658
Additional Information About This Loan
Loan Disclosures
Assumption Escrow Account
If you sell or transfer this property to another person, your lender For now, your loan
X will allow, under certain conditions, this person to assume this loan X will have an escrow account (also called an “impound” or “trust”
on the original terms. account) to pay the property costs listed below. Without an escrow
will not allow assumption of this loan on the original terms. account, you would pay them directly, possibly in one or two large
payments a year. Your lender may be liable for penalties and interest
Demand Feature
for failing to make a payment.
Your loan
has a demand feature, which permits your lender to require early Escrow
repayment of the loan. You should review your note for details. $9,359.88 Estimated total amount over year 1 for
X does not have a demand feature. Escrowed
your escrowed property costs:
Property Costs
Property Taxes
Late Payment over Year 1
Homeowner's Insurance
If your payment is more than 15 days late, your lender will charge a late MORTGAGE INSURANCE
fee of 4% of the overdue principal and interest payment. Non-Escrowed $174.96 Estimated total amount over year 1 for
Property Costs your non-escrowed property costs:
over Year 1 HOA DUES
Negative Amortization (Increase in Loan Amount)
Under your loan terms, you You may have other property costs.
are scheduled to make monthly payments that do not pay all of the Initial Escrow $2,818.24 A cushion for the escrow account you pay
interest due that month. As a result, your loan amount will increase Payment at closing. See Section G on page 2.
(negatively amortize), and your loan amount will likely become larger
Monthly Escrow $779.99 The amount included in your total monthly
than your original loan amount. Increases in your loan amount lower Payment payment.
the equity you have in this property.
may have monthly payments that do not pay all of the interest due will not have an escrow account because you declined it your
that month. If you do, your loan amount will increase (negatively lender does not offer one. You must directly pay your property costs,
amortize), and, as a result, your loan amount may become larger such as taxes and homeowner’s insurance. Contact your lender to
than your original loan amount. Increases in your loan amount lower
ask if your loan can have an escrow account.
the equity you have in this property.
X do not have a negative amortization feature. No Escrow
Partial Payments Estimated Estimated total amount over year 1. You
Property Costs must pay these costs directly, possibly in
Your lender over Year 1 one or two large payments a year.
X may accept payments that are less than the full amount due (partial Escrow Waiver Fee
payments) and apply them to your loan.
may hold them in a separate account until you pay the rest of the In the future,
payment, and then apply the full payment to your loan. Your property costs may change and, as a result, your escrow payment
does not accept any partial payments. may change. You may be able to cancel your escrow account, but if you
If this loan is sold, your new lender may have a different policy. do, you must pay your property costs directly. If you fail to pay your
Security Interest property taxes, your state or local government may (1) impose fines
You are granting a security interest in and penalties or (2) place a tax lien on this property. If you fail to pay
23 S HIGHLAND DR, SANGER, TX 76266 any of your property costs, your lender may (1) add the amounts to
your loan balance, (2) add an escrow account to your loan, or (3)
require you to pay for property insurance that the lender buys on your
You may lose this property if you do not make your payments or satisfy behalf, which likely would cost more and provide fewer benefits than
other obligations for this loan. what you could buy on your own.

CLOSING DISCLOSURE PAGE 4 OF 5 • LOAN ID # 3371821

IDS, Inc. - 67658
 Loan Calculations
Total of Payments. Total you will have paid after
you make all payments of principal, interest,
mortgage insurance, and loan costs, as scheduled.
Finance Charge. The dollar amount the loan will
cost you.
Amount Financed. The loan amount available after
paying your upfront finance charge.
Annual Percentage Rate (APR). Your costs over the
loan term expressed as a rate. This is not your
interest rate.
Total Interest Percentage (TIP). The total amount
of interest that you will pay over the loan term as a
percentage of your loan amount.
Questions? If you have questions about the loan
terms or costs on this form, use the contact
information below. To get more information or
make a complaint, contact the Consumer
Financial Protection Bureau at
www.consumerfinance.gov/mortgage-closing
Other Disclosures
Appraisal
If the property was appraised for your loan, your lender is required to
$492,501.68 give you a copy at no additional cost at least 3 days before closing. If
you have not yet received it, please contact your lender at the
information listed below.
$199,038.93
Contract Details
See your note and security instrument for information about
• what happens if you fail to make your payments,
$283,825.34
• what is a default on the loan,
• situations in which your lender can require early repayment of the
loan, and
• the rules for making payments before they are due.
4.034%
Liability after Foreclosure
If your lender forecloses on this property and the foreclosure does not
cover the amount of unpaid balance on this loan,
51.835% state law may protect you from liability for the unpaid balance. If you
refinance or take on any additional debt on this property, you may
lose this protection and have to pay any debt remaining even after
foreclosure. You may want to consult a lawyer for more information.
X state law does not protect you from liability for the unpaid balance.
Refinance
Refinancing this loan will depend on your future financial situation, the
property value, and market conditions. You may not be able to
refinance this loan.
Tax Deductions
If you borrow more than this property is worth, the interest on the loan
amount above this property’s fair market value is not deductible from
your federal income taxes. You should consult a tax advisor for more
information.

Contact Information
Lender Mortgage Broker Real Estate Broker (B) Real Estate Broker (S) Settlement Agent
Name FIRST UNITED BANK & THE MICHAEL GROUP REAL VALEN REALTY LLC REPUBLIC TITLE OF TEXAS
TRUST COMPANY ESTATE
Address 1400 WEST MAIN STREET 1845 PRECINCT LINE RD. 261 820 S. MACARTHUR 8920 COIT RD STE 200
DURANT, OK 74701 SUITE 206 BLVD, STE 105 PLANO, TX 75025
HURST, TX 76054 COPPELL, TX 75019
NMLS ID 400025
TX License ID 0520106 0619929 1877347 92770
Contact BILL WINTER JONATHAN HARRIS MARIA ORTUNO TRACY HORNE
Contact NMLS ID 469225
Contact 1882560
TX License ID
Email bwinter@firstunitedbank.c jonathanharrisrealtor@gma maria@drhomesolutions.ne Thorne@republictitle.com
om il.com t
Phone 214-502-3813 817-577-9000 469-647-8729 972-618-4711

Confirm Receipt
By signing, you are only confirming that you have received this form. You do not have to accept this loan because you have signed or
received this form.

{eSign.B1Sig$1} {eSign.B1SigDate$1} {eSign.B2Sig$2} {eSign.B2SigDate$2}

JAVIER SALINAS Date MEAGAN WOOD Date
CLOSING DISCLOSURE PAGE 5 OF 5 • LOAN ID # 3371821
IDS, Inc. - 67658
Closing Disclosure Addendum
Date Issued {esign.Fill:CDDateIssued}
5/21/2021

Additional Borrower JAVIER SALINAS

Information 3307 HUISACHE ST.
DENTON, TX 76209

MEAGAN WOOD
3307 HUISACHE ST
DENTON, TX 76209

Borrower-Paid Seller-Paid Paid by

At Closing Before Closing At Closing Before Closing Others
Itemization of Recording Fees (From E01) $144.00
RECORDING FEES to DEED $44.00;MORTGAGE $100.00;RELEASES $0.00 $144.00

Confirm Receipt - Addendum

By signing, you are only confirming that you have received the Closing Disclosure and this Closing Disclosure Addendum. You do not
have to accept this loan because you have signed or received these forms.

{eSign.B1Sig$11} {eSign.B1SigDate$11} {eSign.B2Sig$22} {eSign.B2SigDate$22}

JAVIER SALINAS Date MEAGAN WOOD Date

CLOSING DISCLOSURE ADDENDUM PAGE 1 OF 1 • LOAN ID # 3371821

IDS, Inc. - 67658