This form is a statement of final loan terms and closing costs.

Compare this
Closing Disclosure document with your Loan Estimate.

Closing Information Transaction Information Loan Information

Date Issued 04/16/2015 Borrower Skylar Green Loan Term 30 Years
Wyatt Green Jr.
Closing Date 04/16/2015 Purpose Purchase
2345, Riordan Street, Muskegon Heights,
Disbursement Date 04/16/2015 Product Fixed Rate
MI, 49444
Settlement Agent Five Star Real Estate Lender County National Bank
File # MI11- 36949 Loan Type  Conventional FHA
Property 2337, Wood Street, Muskegon Height, MI, 49444 VA _____________
Loan ID # 130940929
Appraised Prop. Value $167,860.00 MIC # 710219370

Loan Terms Can this amount increase after closing?

Loan Amount NO
$150,000.00

Interest Rate

4.20 % NO

Monthly Principal & Interest

See Projected Payments below for your
Estimated Total Monthly Payment NO
$737.91

Does the loan have these features?

Prepayment Penalty NO

Balloon Payment NO

Projected Payments
Payment Calculation Years 1-9 Years 10-30
$737.91 $737.91
Principal & Interest

+ 82.35 + -
Mortgage Insurance

Estimated Escrow + 206.14 + 206.14
Amount can increase over time

Estimated Total
Monthly Payment $1,026.40 $944.05

This estimate includes In escrow?

Estimated Taxes, Insurance $356.13 Property Taxes YES
& Assessments Homeowner’s Insurance YES
Amount can increase over time Other: NO
a month
See page 4 for details See Escrow Account on page 4 for details. You must pay for other property
costs separately.

Costs at Closing
Closing Costs Includes $3,515.00 in Loan Cost $2,792.07 0 in Other Costs – $500
$ 500.00
$5,807.07 in Lender Credits. See page 2 for details.

Cash to Close
$ 29,677.43
Includes Closing Costs. See Calculating Cash to Close on page 3 for details.
From To Borrower

CLOSING DISCLOSURE PAGE 1 OF 5 • LOAN ID # 130940929

Closing Cost Details
Borrower-Paid Paid by
Loan Costs At Closing Before Closing Others
A. Origination Charges $1,970.00
01 .5 % of Loan Amount (Points) $780.00
02 Application Fee $250.00
03 Underwriting Fee $500.00
04 Origination Fee $440.00
05
06
07
08
B. Services Borrower Did Not Shop For $600.00
01 Appraisal Fee $400.00
02 Credit Report Fee $30.00
03 Flood Determination Fee $20.00
04 Flood Monitoring Fee $40.00
05 Tax Monitoring Fee $65.00
06 Tax Status Research Fee $50.00
07
08
09
10
C. Services Borrower Did Shop For $945.00
01 Title – Insurance Binder $55.00
02 Title - Lender's Title Insurance $250.00
03 Title – Settlement Agent Fee $350.00
04 Title – Title Search $200.00
05 Pest Inspection Fee $90.00
06
07
08
D. TOTAL LOAN COSTS (Borrower-Paid) $3,515.00
Loan Costs Subtotals (A + B + C) $3,085.00 $430.00

Other Costs
E. Taxes and Other Government Fees $90.00
01 Recording Fees Deed: Mortgage: $60.00 $90.00
02
F. Prepaids $2,125.12
01 Homeowner’s Insurance Premium (12 mo.) $1,209.96
02 Mortgage Insurance Premium ( mo.)
03 Prepaid Interest ( $17.71 per day from 04/16/2015 to 05/02/2015 ) $283.36
04 Property Taxes ( 6 mo.) $631.80
05
G. Initial Escrow Payment at Closing $576.95
01 Homeowner’s Insurance $100.83 per month for 2 mo. $201.66
02 Mortgage Insurance $82.35 per month for 2 mo. $164.70
03 Property Taxes $105.30 per month for 2 mo. $210.60
04
05
06
07
08 Aggregate Adjustment – $0.01
H. Other
01
02
03
04
05
06
07
08
I. TOTAL OTHER COSTS (Borrower-Paid) $2,792.07
Other Costs Subtotals (E + F + G + H) $2,792.07

J. TOTAL CLOSING COSTS (Borrower-Paid) $5,807.07

Closing Costs Subtotals (D + I) $5,877.07 $430.00
Lender Credits – $500.00
CLOSING DISCLOSURE PAGE 2 OF 5 • LOAN ID # 130940929
 Loan Calculations Other Disclosures

Total of Payments. Total you will have paid after Appraisal

you make all payments of principal, interest, $273,114.50 If the property was appraised for your loan, your lender is required to
mortgage insurance, and loan costs, as scheduled. give you a copy at no additional cost at least 3 days before closing.
If you have not yet received it, please contact your lender at the
Finance Charge. The dollar amount the loan will information listed below.
$121,030.00
cost you.
Contract Details
See your note and security instrument for information about
Amount Financed. The loan amount available after
$136,241.94 • what happens if you fail to make your payments,
paying your upfront finance charge.
• what is a default on the loan,
• situations in which your lender can require early repayment of the
Annual Percentage Rate (APR). Your costs over loan, and
the loan term expressed as a rate. This is not your 4.55%
• the rules for making payments before they are due.
interest rate.
Liability after Foreclosure
Total Interest Percentage (TIP). The total amount If your lender forecloses on this property and the foreclosure does not
of interest that you will pay over the loan term as a 76.00% cover the amount of unpaid balance on this loan,
percentage of your loan amount. state law may protect you from liability for the unpaid balance. If you
refinance or take on any additional debt on this property, you may
lose this protection and have to pay any debt remaining even after
foreclosure. You may want to consult a lawyer for more information.
state law does not protect you from liability for the unpaid balance.

?
Questions? If you have questions about the Refinance
loan terms or costs on this form, use the contact Refinancing this loan will depend on your future financial situation,
information below. To get more information the property value, and market conditions. You may not be able to
or make a complaint, contact the Consumer refinance this loan.
Financial Protection Bureau at
www.consumerfinance.gov/mortgage-closing Tax Deductions
If you borrow more than this property is worth, the interest on the
loan amount above this property’s fair market value is not deductible
from your federal income taxes. You should consult a tax advisor for
more information.

Contact Information
Lender Mortgage Broker Settlement Agent
County National Bank PierPoint Mortgage
Name Five Star Real Estate
Address 1 S Howell St, Hillsdale, MI, 49242 3088 Sheffield St ste b, Muskegon, 3597 Henry St Suite 103, Muskegon,
MI, 49441 MI, 49441
NMLS ID 402901 222222
387462 749959
MI License ID D 371 893 202 278 H 897 948 294 589 R 551 095 871 573
Contact Yaretzi Hernandez Makena Camila Jones Gia Martinez
Contact NMLS ID 352710 437592 999672
Contact MILicense ID A 364 788 192 259 E 985 933 945 478 T 781 180 489 467
Email [email protected] [email protected] [email protected]
FICUSBANK.CO
Phone (517) 439- 4300 (231) 737-9911 (231) 733-3080

Confirm Receipt
By signing, you are only confirming that you have received this form. You do not have to accept this loan because you have signed or received
this form.

04/16/2015 04/16/2015
Applicant Signature Date Co-Applicant Signature Date

CLOSING DISCLOSURE PAGE 5 OF 5 • LOAN ID # 130940929