LEGAL

ABSM’s Loyalty Program applies to future refinances of the same property by the same borrower subject to the conditions and contact requirements outlined below. The Loyalty Program is non-transferable and may not be applied to a Purchase Loan, a Home Equity Loan, a Personal Loan, or combined with other discounts or promotions. The Loyalty Program excludes any loans received by ABSM from a third party loan originator (e.g., wholesale or brokered transactions). Future refinancing is conditional on whether the program type or applicable state/federal laws contain “seasoning” restrictions that would make refinancing during a specific period legal. For example, waiting until after the 12th month may be required. For future refinances of the same property with ABSM, this offer may not be redeemed within 180 days of the Date Issued. Your loan approval for any future loan is not guaranteed. The appraised value of your home for the future loan is not guaranteed. In the event a full appraisal of your home is required, the property value at that time must be acceptable for the program and loan terms requested. The interest rate for the future loan is not guaranteed. You will have to qualify for the loan requested and will be quoted interest rates in effect at the time of your next loan. For loans meeting the above requirements and which are successfully closed, your appraisal fee will be reimbursed at the closing of the loan transaction and no lender fees will be charged. “Lender fees” do not include discount points associated with your loan transaction. “Appraisal fee” includes only the fee associated with the first appraisal on your loan transaction and does not include any ancillary appraisal fees that may be charged in connection with your loan transaction (e.g., second appraisal fee, appraisal re-inspection fee, appraisal recertification fee, etc.). This program is only available to applicants who closed their previous loan with ABSM and received the ” ABSM’s Loyalty Program” certificate. Future applicants must contact ABSM directly via the website: myabsm.com or via telephone 305-826-4500 to qualify for the Loyalty Program. Applying for a loan indirectly through a third party (e.g., LendingTree) makes the borrower ineligible for this program.