Professional Documents
Culture Documents
General Information
☐ Corporation ☐ Limited Liability Company ☐ Partnership (LTD or General) ☐ Other:
Corporate Address:
*For all owners over 10%, please provide a credit report dated within the last 60 days or provide your SSN through secure e-mail for MK Lending to run credit
Page 1 of 4
Broker Annual Recertification
Senior Management/Contact Name Phone E-Mail
CEO/President
CFO
Compliance Officer
Production Sales
Processor
Loan Defects/Repurchase
Page 2 of 4
Broker Annual Recertification
Loan Production Information
☐ Retail – Traditional LO’s in brick and mortar offices in the areas of its borrowers
Reference
Lender Name Contact Name Phone Number
Page 3 of 4
Broker annual Recertification
Company Information
Employees:
Operations:
_____________________________________ __________________________________
Signature Date
_____________________________________ __________________________________
Name Company Name
_____________________________________
Title (Approved Signee from Corporate Resolution)
Page 4 of 4
Amendment to Broker Agreement
The Parties agree to amend the Broker Agreement between MK Lending Corp. at
11023 McCormick St. #100, North Hollywood, CA 91601 and
(Broker Name): at
(Address):
Upon signing this amendment.
Broker Agreement - 8.1 REASONS FOR PURCHASE; TIMING OF PURCHASE; PURCHASE PRICE; ASSIGNMENT. shall be
updated as:
Broker agrees to purchase from MK Lending any Mortgage Loan resulting from an Application subject to
this Agreement, upon the terms and conditions set forth herein: (i) in the event that Broker has breached any of
the terms of this Agreement, (ii) MK Lending receives a repurchase notification from any third party investor and
the repurchase request is based on actual or alleged fraud, or is representation with respect to the Mortgage Loan,
or (iii) MK Lending receives a repurchase notification from any third party investor involving a delinquency or
default, triggered by an early payment default that occurs within one-hundred eighty (180) days of funding by a
borrower on the Mortgage Loan. Broker shall purchase any Mortgage Loan required to be purchased pursuant to
this provision within thirty (30) calendar days after Broker's receipt of written demand for purchase from MK
Lending. The purchase price for any Mortgage Loan that Broker is required to purchase hereunder shall be amount
based on whether MK Lending has repurchased the Mortgage Loan from the third-party investor. If MK Lending
has not repurchased the Mortgage Loan, then Broker agrees to pay the loss mitigation amount incurred by MK
Lending, plus a reasonable administrative fee. If MK Lending has repurchased the Mortgage Loan, then the
purchase price the Broker is required to purchase any Mortgage Loan hereunder shall be an amount equal to the
sum of (a) the then unpaid principal balance of the Mortgage Loan, which will reflect a credit for any proceeds
from liquidation of the Mortgaged Property, should the third party investor elect to liquidate the property; (b)
accrued interest through the date of purchase; (c) all un-reimbursed advances, costs and expenses incurred by MK
Lending with regard to such Mortgage Loan; (d) all other costs, or expenses incurred by MK Lending , including
penalties incurred by MK Lending from any investor or servicer and reasonable attorneys' fees incurred in
connection with the purchase, and (e) any fees paid by MK Lending, including but not limited to all fees and costs
paid connection with the purchase, and (e) any fees paid by MK Lending, including but not limited to all fees and
costs paid to Broker and/or other parties for goods and services rendered in connection with the origination and
closing of the Mortgage Loan. Upon any such purchase of a Mortgage Loan by Broker, MK Lending shall endorse
the Note and shall assign the Mortgage in recordable form to Broker, without representations and warranties,
whether express or implied, and without recourse to MK Lending. If the Mortgaged Property has been liquidated
by the third-party investor for any reason, whether by judicial or non-judicial foreclosure, short sale, deed in lieu of
foreclosure, or any mechanism, MK Lending will assign all available rights it holds to the deficiency obligations of
the Borrower, to the Broker.
Name/Title Name/Title
Date Date
Amendment to Broker Agreement
The Parties agree to amend the Broker Agreement between MK Lending Corp. at
11023 McCormick St. #100, North Hollywood, CA 91601 and
(Broker Name): at
(Address):
Name Name
Title Title
Date Date
Wholesale Lending
Broker Application and Agreement
EXHIBIT A
A Non-Qualified Mortgage is a loan that is under the programs EZ, MK EZ, SNQ EZ, CRA EZ, MK
CRA EZ, SI, MK SI, ITIN 101, or ITIN 102