Quinstreet Media Inc.
950 Tower Lane, 6th Floor, Foster City, CA 94404
GuideToLenders.com ("GTL") is a website owned and operated by Quinstreet Media, Inc. QuinStreet Media, Inc. and its affiliated companies, including QuinStreet Properties, Inc., a California corporation, use GTL as the site of a virtual marketplace where interested consumers can be made aware of lenders and mortgage brokers who are seeking the opportunity to do business with people like them living in their area. QuinStreet Media, Inc. is a California corporation with its corporate headquarters in Foster City, California. QuinStreet Properties Inc. is a California corporation with its headquarters in Foster City, California. In the remainder of this document QuinStreet Media, Inc. and all of its affiliated companies engaged in the services provided via GTL are referred to collectively as QuinStreet Media.
QuinStreet Media does not make loans or make any credit decisions in connection with loans. QuinStreet Media does not issue loan commitments or lock-in agreements. QuinStreet Media is not an agent of either you the consumer or of any participating bank, lender or mortgage broker (referred to in the rest of this document as "Lenders"). QuinStreet Media Inc. provides administrative and marketplace services only. You must rely on your own judgment in deciding which available loan product best suits your needs and financial means and whether or not to work with any Lender of which you become aware via GTL. You are under no obligation to use GTL or QuinStreet Media to begin any financing process. QuinStreet Media does not guarantee that submitting requested information on GTL will result in the origination of a loan from a Lender. The information you submit to Quinstreet Media is NOT an application for credit. Quinstreet Media merely provides your information to certain lenders so that they may contact you directly. QuinStreet Media cannot guarantee that you will receive a loan with the most advantageous rate or terms or that better rates and terms are not available from Lenders in your area not participating in the GTL marketplace.
You will have to complete an application with a Lender before they will extend an unconditional loan offer. The Lender you select may require you to pay an application fee to cover the costs of an appraisal, credit report or other items. The Lender will determine the amount of any such fees. The Lender must provide you with certain information regarding whether any such fees are non-refundable. QuinStreet Media does not charge you, the consumer, any fees for its services. QuinStreet Media receives its compensation directly from Lenders for the services provided. QuinStreet Media's compensation may vary, but will never exceed $200.00 per lead.
QuinStreet Media Inc. will forward the information you provide to certain Lenders. These Lenders must make certain disclosures to you as required by the Federal Truth In Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA) and other federal and state laws. These disclosures include details of your cost of credit, good faith estimates of your settlement costs, certain HUD mandated booklets, notice that your mortgage loan servicing may be transferred and your right to a copy of any appraisal performed on your home. The Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of the applicant's income derives from any public assistance program, or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Trade Commission administers compliance with these laws and may be contacted at: The Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580. The foregoing requirements are mandatory for Lenders, however Quinstreet Media makes no representations as to the adequacy or compliance on behalf of any Lender.
State Disclosures and License Information
Certain States may require QuinStreet Media to obtain a license in order to provide these services within their state. Other States may not. Some States may require additional information disclosures be given to you in connection with the provision of these services. QuinStreet Media reserves the right to refuse to accept or use the information you provide if such acceptance or use would constitute a violation of law or the terms and conditions of use for the GTL site www.guidetolenders.com. The following statements provide information that may be applicable to you if you reside in, or are considering the purchase of property in one of the listed States.
State mortgage regulators launched the Nationwide Mortgage Licensing System (“NMLS”) in January, 2008 to provide centralized and standardized online license management. The process of transitioning each state’s mortgage licensees to the NMLS has continued since the launch with the assignment of Unique Identification Numbers to facilitate licensee oversight and accountability. More information about the NMLS is available at www.stateregistry.org.
The Unique Identification Number assigned to QuinStreet Media, Inc. is 2547. The Unique Identification Number assigned to QuinStreet Properties, Inc. is 138953.
Arizona Mortgage Broker License No. MB 0908346
In California, GTL marketplace services are provided exclusively by QuinStreet Properties Inc. pursuant to agreements with QuinStreet Media. QuinStreet Properties, Inc. is a Licensed Real Estate Broker. License Number 01422565. You may call the California Department of Real Estate at 916.227.0931
QuinStreet Properties, Inc. does not make mortgage loans or commitments.
If the information you submit is forwarded to a Lender and that Lender subsequently makes you an offer, then Lender must provide to you a good faith estimate required under RESPA and an initial disclosure statement required under TILA within three business days from the date you submit an application with the Lender.
If the Lender denies your request for credit, and that action is based in whole or in part on any information contained in a consumer credit report, you have the right to obtain, within sixty days, a free copy of your consumer credit report from the credit reporting agency which compiles and maintains files on consumers on a nationwide basis. You also have the right to dispute the accuracy or completeness of any information in a consumer credit report furnished by the consumer credit reporting agency by contacting that agency directly.
An applicant, if married, may apply for a separate account.
Mortgage Fee Disclosure
QuinStreet Properties Inc. will receive a fee of between $4.00 and $200.00 from potential and actual Lenders for its services.
QuinStreet Properties Inc. will receive these fees whether or not you close your loan with any specific Lender. This amount is the total amount QuinStreet Properties Inc. receives, and Lenders pay this fee directly to QuinStreet Properties Inc. outside of closing. You, the consumer, acknowledge that these fees will be paid to QuinStreet Properties Inc. outside of closing, and that there is no other mortgage broker fee agreement between us.
The Housing Financial Discrimination Act of 1977 Fair Lending Notice It is illegal to discriminate in the provision of or in the availability of financial assistance because of the consideration of:
- Trends, characteristics or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound business practice; or
- Race, color religion, sex, marital status, national origin or ancestry.
It is illegal to consider the racial, ethnic, religious or national origin composition of a neighborhood or geographic area surrounding a housing accommodation or whether or not such composition is undergoing change, or is expected to undergo change, in appraising a housing accommodation or in determining whether or not, or under what terms and condition, to provide financial assistance.
These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation or refinancing of one-to-four unit family residence occupied by the owner and for the purpose of the home improvement of any one-to-four unit family residence.
If you have any questions about your rights, or if you wish to file a complaint, contact the management of this institution or:
|Department of Real Estate: 2201 Broadway, P.O. Box 187000, Sacramento, CA 95808-7000||Department of Corporations: 320 West 4th Street, Suite 750, Los Angeles, CA 90013-1105|
Connecticut Mortgage Broker License No. 16225
QuinStreet Media is a BROKER ONLY, NOT A LENDER.
The Connecticut Home Mortgage Disclosure Act prohibits discrimination against home purchase loan, home improvement loan or other mortgage loan applicants on one-to-four-family owner-occupied residential real property solely because such property is located in a low-income or moderate-income neighborhood or geographical area. (Conn. Gen. Statutes, Chapter 669, Part IX). The agency which enforces compliance with this law is:
Department of Banking, 260 Constitution Plaza, Hartford, Connecticut 06103
If you believe you have been unfairly discriminated against, you may file a written complaint with the Commissioner of Banking at the above address.
District of Columbia:
DC Mortgage Broker License No. 6031
If the information you supplied to QuinStreet Media is forwarded to a Lender, the Lender may issue to you a Financing Agreement in accordance with D.C. Code Ann.§ 1113. If such a Financing Agreement is issued on a single to 4-family home to be occupied by the borrower the Lender must provide the following information:
(A) The term and principal amount of the loan; (B) An explanation of the type of mortgage loan being offered; (C) The rate of interest that will apply to the loan and, if the rate is subject to change, or is a variable rate, or is subject to final determination at a future date based on some objective standard, a specific statement of those facts; (D) The points and all fees, if any, to be paid by the borrower or the seller, or both; and (E) The term during which the financing agreement remains in effect.
If all the provisions of the financing agreement are not subject to future determination, change, or alteration, the financing agreement shall constitute a final binding agreement between the parties as to the items covered by the financing agreement.
The financing agreement executed by the Lender shall be delivered to the borrower at least 72 hours before the time of settlement agreed to by the parties.
A borrower aggrieved by any violation of this section shall be entitled to bring a civil suit for damages, including reasonable attorney's fees, against the Lender.
In Georgia, GTL marketplace services are provided exclusively by QuinStreet Properties Inc. pursuant to agreements with QuinStreet Media. QuinStreet Properties, Inc. is Georgia Residential Mortgage Licensee # 21664.
Illinois Residential Mortgage Licensee No. MB.6759977
If the information you supplied is provided to a Lender, then that Lender must provide you with certain information pursuant to the Residential Mortgage License Act of 1987 and the Rules promulgated thereunder. You may also receive from the potential Lender additional materials and documents required to complete your loan application with the Lender.
QuinStreet Media does not make loans. Quinstreet Media will not collect any fee directly from you, the consumer. Quinstreet Media will be paid directly by potential Lenders, not by you the consumer. QuinStreet Media cannot guarantee acceptance into any particular loan program or promise you any specific loan terms or conditions. The Lender you select will provide the funds for your loan and is responsible for the availability of those funds.
If QuinStreet Media makes false or misleading statements, you may, upon written notice, void this agreement, recover any monies you paid to QuinStreet Media for which no services have been performed, and recover actual costs including attorney's fees for enforcing your rights under this agreement. If you believe your rights have been violated you may also contact:]
IDFPR - Division of Banking, Consumer Services Section, 122 S. Michigan Avenue, Suite 1900, Chicago, Illinois 60603, 312 793-3000
Illinois Residents submitting information to the GTL site will be deemed to have agreed to be bound by the foregoing provisions.
Kansas Mortgage Company No. MC.0001495.
QuinStreet Media is a mortgage business registered with the Kansas Office of the State Bank Commissioner in accordance with the laws of the state of Kansas. This registration does not represent an endorsement or recommendation of the registrant's products or services by the Office of the State Bank Commissioner. As a consumer, you may submit a complaint or inquiry about this mortgage business by delivering a written statement to the Office of the State Bank Commissioner, 700 Jackson, Suite 300, Topeka, KS 66603.
Maine Credit Services Organization, Registration No. CS07787
By clicking the "submit" button you authorize Lenders to whom your personal data is submitted by QuinStreet Media, to request your consumer credit report. At your written request, you will be informed whether or not a consumer report was requested, and if a report was requested, you will be informed of the name and address of the consumer reporting agency that furnished the report.
QuinStreet Media will not act as your lender or credit provider. QuinStreet Media will submit the information you provide to potential Lenders and those Lenders may contact you with their offers.QuinStreet Media does not accept any fees from the consumer, including third party fees. A consumer protection bond is on file with the State of Maine. If you have a claim against our company which cannot be resolved through informal means, you may institute an action to recover your loss from that bond by filing a written complaint with the Director, Office of Consumer Credit Regulation, 35 State House Station, Augusta, Maine 04333-0035.
MAINE RESIDENTS WHO SUBMIT ANY INFORMATION TO THE GTL WEBSITE WILL BE DEEMED TO HAVE AGREED TO BE BOUND BY THE FOREGOING PROVISIONS.
Maryland Mortgage Lender, License No. 13053
QuinStreet Media will not seek or accept fees from consumers submitting an inquiry. If the information you supply is forwarded to a potential Lender, you may be issued a Financing Agreement by Lenders in accordance with Maryland Commercial Law Code §§12-125, 1013. The Financing Agreement must contain: (1) the term and principal amount of your loan; (2) an explanation of the type of mortgage loan being offered; (3) the interest rate, and, if the rate is subject to change, or is a variable rate, or is subject to final determination at a future date based on some objective standard, a specific statement of those facts; (4) the points and fees to be paid by you and the Lender; and (5) the term in which the Financing Agreement remains in effect.
MASSACHUSETTS MORTGAGE BROKER DISCLOSURES REQUIRED BY THE ATTORNEY GENERAL'S CONSUMER PROTECTON REGULATIONS
|QUINSTREET MEDIA, INC., 950 TOWER LANE, 6TH FLR, FOSTER CITY, CA 94404||BROKER'S LICENSE NO. MB4326|
QuinStreet Media does not accept payment directly from you, the consumer. We may receive a fee from the Lender you select. The amount of that fee can range from $11 to $200. We are a mortgage broker within the meaning of applicable law. We do not make mortgage loans. We cannot guarantee acceptance into any particular loan program or promise you any specific loan terms or conditions. Our services consist of collecting information from you and with your authorization forwarding this information to Lenders that have indicated to us their interest in offering mortgage loans. While those Lenders may be able to offer you loans in the amount, and with the interest rate and payment rates you are seeking, we cannot guarantee their results. You may contact other Lenders or Brokers. Nothing obligates you to complete the mortgage application with Lenders directed to you from us. It is important for you to realize that:
CLOSING AND SETTLEMENT COSTS MAY VARY AMONG MORTGAGE LENDERS. YOU MAY WISH TO COMPARE THESE CHARGES IN CONSIDERING THE TOTAL COST OF YOUR MORTGAGE.
If you are contacted by a potential Lender you should be aware that:
- The responsibility of the attorney for the Lender is to protect the interest of the Lender.
- You may, at your own expense, engage an attorney of your own selection to represent your own interests in the transaction.
In addition to the above, if the Lender takes a loan application from you it is obligated to provide you the following information:
- The approximate expiration date of the note.
- The rate of interest charged.
- A statement that as of the expiration date of said note, the mortgagee may demand payment of said note, may rewrite the note by agreement at a greater or lesser rate of interest, or may, by agreement, allow payments to be made on said note at the same, or a lesser or a greater rate of interest.
The Federal Equal Credit Opportunity Act and comparable provisions of Massachusetts law prohibit creditors from discriminating against credit applicants on the basis of race, color, religion, creed, national origin, sex, sexual orientation, ancestry, handicap, marital status, age (provided that the applicant has the capacity to enter into a binding contract), or because all or part of the applicant's income derives from any public assistance program. The Federal Equal Credit Opportunity Act also prohibits creditors from discriminating against credit applicants because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The state agency that administers compliance with the state law is the
Massachusetts Commission Against Discrimination, One Ashburton Place, Boston, Massachusetts 02108
In addition to the information provided to you as outlined above, the Lender must provide you with the following:
- a uniform one-page worksheet prescribed in regulations promulgated by the commissioner, written in plain and simple language, and including relevant examples, where necessary, which would allow you to calculate easily through simple arithmetic all the charges and fees that you are likely to incur in securing such mortgage from the mortgage lender.
- a copy of the most recent publication, currently entitled "Settlement Costs", available from the United States Secretary of Housing and Urban Development which describes information concerning the nature and costs of real estate settlement services.
- in the case of a first mortgage lender offering variable rate residential mortgage loans, not otherwise subject to Administrative Bulletin 13-2C (Revised) of the commissioner and, provided that the prospective mortgage borrower has requested information about or has submitted an application for a variable rate mortgage loan, a copy of the most recent publication available from the Federal Home Loan Bank Board which describes information concerning variable or adjustable rate mortgages, currently entitled "Consumer Handbook on Adjustable Rate Mortgages".
- a uniform model disclosure statement prescribed in regulations promulgated by the commissioner, written in plain and simple language, to aid prospective mortgage borrowers in understanding the mortgage application and approval process. The statement shall include descriptions of the time periods generally required for processing of mortgage applications, the notices required by Massachusetts law and by the Federal Equal Credit Opportunity Act.
Michigan First Mortgage License No. FL-0011595
Michigan Second Mortgage Broker License No. SR-0011596.
If you receive an application for a mortgage loan from a potential Lender, that Lender must provide you with the following notice in accordance with the Michigan Consumer Mortgage Protection Act of 2002:
“BORROWERS BILL OF RIGHTS
1. You have the RIGHT to shop for the best loan for you and compare the charges of different mortgage brokers and lenders. 2. You have the RIGHT to be informed about the total cost of your loan including the interest rate, points, and other fees. 3. You have the RIGHT to obtain a “Good Faith Estimate” of all loan and settlement charges before you agree to the loan or pay any fees. 4. You have the RIGHT to know what fees are nonrefundable if you decide to withdraw your loan application. 5. You have the RIGHT to ask your mortgage broker to explain exactly what the mortgage broker will do for you. 6. You have the RIGHT to know how much the mortgage broker is getting paid by you and the lender for your loan. 7. You have the RIGHT to ask questions about charges and loan terms that you do not understand. 8. You have the RIGHT to a credit decision that is not based on your race, color, religion, national origin, sex, marital status, age, or whether any income is derived from public assistance. 9. You have the RIGHT to know the reason if your loan application is turned down. 10. You have the RIGHT to receive the HUD settlement costs booklet “Buying Your Home.
If a Lender requests that you fill out an application for a mortgage loan, which Lender shall provide you with the following additional notice:
CONSUMER CAUTION AND HOME OWNERSHIP COUNSELING NOTICE
If you obtain this loan, the lender will have a mortgage on your home. You could lose your home, and all money you have invested in it, if you do not meet your obligations under the loan, including making all your payments. Mortgage loans rates and closing costs and fees vary based on many factors, including your particular credit and financial circumstances, your earnings history, the loan-to-value requested, and the type of property that will secure your loan. Higher rates and fees may be applicable depending on the individual circumstances of a particular consumer's application. You should shop around and compare loan rates and fees. This particular loan may have a higher rate and total points and fees than other mortgage loans. You should consider consulting a qualified independent credit counselor or other experienced financial adviser regarding the rate, fees, and provisions of this mortgage loan before you proceed. For information on contacting a qualified credit counselor, ask your lender or call the United States Department of Housing and Urban Development's counseling hotline at for a list of counselors. You are not required to complete any loan agreement merely because you have received these disclosures or have signed a loan application. If you proceed with this mortgage loan, you should also remember that you may face serious financial risks if you use this loan to pay off credit card debts and other debts in connection with this transaction and then subsequently incur significant new credit card charges or other debts.
Property taxes and homeowner's insurance are your responsibility. Not all lenders provide escrow services for these payments. You should ask your lender about these services. Your payments on existing debts contribute to your credit ratings. You should not accept any advice to ignore your regular payments to your existing creditors.
Mississippi Licensed Mortgage Co. License No. 63/2008.
Licensed by the New Hampshire banking department. License No. 11685-MBR
Mortgage Loan Company and Loan Broker Act. Certificate # 02240.
North Dakota Money Broker License No. MB101358.
QuinStreet Media, Inc. is a registered mortgage broker, not a lender. We do not make mortgage loans or commitments. We cannot guarantee acceptance into any particular loan program or promise you any specific loan terms or conditions.
We do not accept payment directly from you, the consumer. Our services consist of collecting information from you and with your authorization forwarding this information to Lenders that have indicated to us their interest in offering mortgage loans. QuinStreet Media will be paid directly by potential Lenders. Our fee can range from $11 to $200. While the participating Lenders may be able to offer you loans in the amount, and with the interest rate and payment terms you are seeking, we cannot guarantee their results. You may contact other Lenders or Brokers. Nothing obligates you to complete a mortgage application with Lenders directed to you from us. The Lender you select will provide the funds for your loan and is responsible for the availability of those funds.
If your request for contact is forwarded to our participating Lenders, you may be required by the Lender you select to pay an application fee to cover the costs of an appraisal, credit report or other items. The amount of the fees will be determined by the Lender. The Lender must provide you with certain information regarding whether any such fees are non-refundable.
This agreement will remain in effect as long as you wish to use the services offered by QuinStreet Media. You may terminate this relationship at any time, without notice, at no cost or penalty to you.
QuinStreet Media, Inc. has offices at 950 Tower Lane, 6th Floor, Foster City, CA 94404, and is Registered Mortgage Broker-NYS Banking Department #205626. You may address questions or comments by electronic mail to us at: [email protected]
QuinStreet Media, Inc. 950 Tower Lane, 6th Floor, Foster City, CA 94404
Ohio Mortgage Broker No. MB.803628.000
Oregon: Oregon Mortgage Broker License No. ML-3449.
Licensed by the Pennsylvania Department of Banking as Mortgage Broker No. 21313.
Rhode Island Licensed Loan Broker No. 20062057LB
Tennessee: Tennessee Mortgage Company License No. 2921
Utah: Utah Mortgage Lender, License No. 5740718-MLCO
Licensed by the Virginia State Corporation Commission - Mortgage Companies No. MC.3852.
Wisconsin Mortgage Broker License No. 28488.
For Married Wisconsin applicants: you recognize that the debt you are seeking will be incurred as a family obligation under Wisconsin law and that your marital property may be subject to liability under this obligation. You cannot obtain the loan you are seeking if you have entered into any marital property agreement that will adversely affect the Lender's interest in the collateral. You understand that Wisconsin law requires that your spouse be given notice of this obligation.