No warranty, express or implied, including without limitation, those of merchantability and fitness for a particular purpose with respect to the information obtained from such Sources has been made, nor is Licensee, CC, or CC's suppliers and licensors responsible for errors, omissions, miscalculations, or misrepresentations of value with respect to the Consumer AVM reports.Īny use of Consumer AVM reports by End User shall be at End User's own risk, and End User hereby indemnifies and holds harmless Licensee and its licensors with respect thereto. ![]() The data relied upon is sourced from public records, or statistical calculations (“Sources”) and that the model results and other information provided in the Consumer AVM reports are provided on an “as is, as available” basis with all faults and defects. Additional restrictions or conditions may apply.Įnd User is a customer of Licensee who intends to use the Consumer AVM reports for his/her own non-commercial purposes.Įnd User shall not use the Consumer AVM reports or information contained in the Consumer AVM reports for reproduction, sale, distribution, publication, advertising or marketing, or any other use in relation to any product or service to be provided to any third party, or any other commercial exploitation.Įnd User shall not acquire any proprietary rights, including intellectual property rights, in or to the Consumer AVM reports, or the information contained therein, which rights remain solely and exclusively in Clear Capital (“CC”) and/or CC's suppliers and licensors and End User acknowledges that the Consumer AVM reports, and information contained therein are valuable commercial products, the development of which has involved the expenditure of substantial time and money.Įnd User acknowledges that the Consumer AVM reports provide estimates of the value of real property and other information related to value based upon the application of valuation models to available data and do not constitute appraisals or broker price opinions of subject properties and may not be relied upon as such. ![]() Pennymac reserves the right to change or cancel the offer at any time, without notice. The offer cannot be redeemed for cash or credit and is non-transferable. The offer excludes Jumbo, Closed-End Second and Adjustable-Rate Mortgages, refinance, investment property, third-party and in-process loans. The amount totaling the difference of 1% between the note rate and the temporary buydown rate will be dispersed to the escrow account, and the funds will be dispersed from the escrow account to the investor to account for the difference in interest during the buydown period (the first 12 months of the loan). The payment of 1% by Pennymac will be accomplished through a custodial escrow account, to be funded by the lender-paid credit. This offer effectively reduces the rate of the loan by 1% for the first year of the mortgage. ![]() *In eligible fixed-rate purchase loan transactions, Pennymac will pay 1% of the note rate for the first 12 payments of the loan. ("PFSI") and PennyMac Mortgage Investment Trust ("PMT") collectively Pennymac. This website may include combined information from PennyMac Financial Services, Inc. All loan programs subject to borrowers meeting appropriate underwriting conditions. Information, rates and pricing are subject to change without prior notice at the sole discretion of PennyMac Loan Services, LLC. Some products may not be available in all states. For more information, review Pennymac's state licenses and important notices. Plano Parkway, Suites 150 and 300, Plano, TX 75075. Rhode Island Licensed Lender # 20092600LL, Loan Broker, and Third Party Loan Servicer. Licensed Mortgage Banker-NYS Department of Financial Services. Minnesota: This is not an offer to enter into an agreement and an offer may only be made pursuant to Minn. Massachusetts Mortgage Lender License # MC35953. ![]() Colorado office: 5500 South Quebec Street, Suite 260 Greenwood Village, CO 80111, (877) 215-2552. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Arizona Mortgage Banker License # 0911088.
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