RESPA Section 8 Notice

AssumptionPro charges fees solely for the following services actually rendered in connection with mortgage assumption transactions: (a) borrower intake and eligibility pre-screening; (b) document collection, review, and AI-assisted cross-validation; (c) preparation and submission of required FHA and VA assumption forms, including HUD-92210.1 and VA Form 26-8106; (d) servicer portal submission and status tracking; (e) VA 45-day compliance monitoring and escalation coordination; (f) gap financing coordination with pre-qualified second lien lenders; (g) dual-track subordination and closing coordination; and (h) post-close reporting and VALERI upload support. Technology licensing fees are charged for access to AssumptionPro's workflow platform and are not tied to individual loan transactions.

AssumptionPro does not give or accept any fee, kickback, or thing of value pursuant to any agreement or understanding that business incident to or part of a real estate settlement service shall be referred to any person. All compensation received by AssumptionPro is for services actually performed. No portion of any fee charged by AssumptionPro is a referral fee or unearned fee prohibited by RESPA Section 8(a) or 8(b).

Fees charged by AssumptionPro are permissible under RESPA Section 8(c)(1)(B) as payment for services actually performed. AssumptionPro's fee arrangements with mortgage servicers are documented in written partnership or technology licensing agreements that specify the services to be performed and the compensation to be paid for those services. Fees are not split with any party that does not perform services.

AssumptionPro contracts directly with mortgage servicers as a third-party service provider. AssumptionPro is not a mortgage lender, mortgage broker, or settlement agent. AssumptionPro does not originate mortgage loans, take applications, make credit decisions, or provide legal or financial advice. Servicers retain full responsibility for all underwriting, approval, and compliance decisions related to assumption transactions.

In connection with assumption transactions that require gap financing, AssumptionPro coordinates with pre-qualified second lien lenders on behalf of the servicer and borrower. AssumptionPro does not receive referral fees, yield spread premiums, or any other compensation from gap lenders in connection with this coordination. Any compensation received by AssumptionPro from gap lender coordination is for actual coordination services performed and is disclosed in the applicable partnership agreement.

Questions regarding this RESPA Section 8 Notice or AssumptionPro's fee practices may be directed to Trust & Experience LLC dba AssumptionPro. This notice does not constitute legal advice. Servicers with specific RESPA compliance questions should consult qualified legal counsel.