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Disclaimer: The direct lender ultimately reserves the right to amend rates and guidelines. The industry standard is to provide preliminary terms based on the information provided on the quote form. After the completion of a property valuation, credit check and background check are performed the terms will be finalized. It is customary and appropriate for Simpli Nexus Originations LLC to provide a loan quote based on initial information provided. In this type of transaction, a list of documentation is required by the direct lender to consummate the loan. In addition, the effectiveness of the loan will be subject to, among other things, satisfactory underwriting, due diligence, credit approval, background approval, management approval and execution of mutually acceptable definitive documentation. The memberships and pricing associated are subject to change. Each direct lender has their own fee structure to process, underwrite, and fund loans.