Affiliated business disclosure
AFFILIATED BUSINESS
ARRANGEMENT DISCLOSURE
An Affiliated Business Arrangement Disclosure (AfBA Disclosure) is required under the Real Estate Settlement Procedures Act (RESPA) whenever a real estate brokerage has a business relationship with another settlement service provider. Prime Nest Realty provides this disclosure to ensure complete transparency regarding our relationship with HomePrime Mortgage Corporation. Our goal is to help every client understand their options while maintaining the highest standards of honesty and professionalism.
committed to transparency
Affiliated Business Arrangement Disclosure: Important Information About Our Business Relationship
Prime Nest Realty, Inc. and HomePrime Mortgage Corporation have an affiliated business relationship through common ownership. Prime Nest Realty, Inc. does not own HomePrime Mortgage Corporation. However, the same owner has an ownership interest in both companies.
Because of this relationship, referrals between Prime Nest Realty, Inc. and HomePrime Mortgage Corporation may provide the owner and/or the affiliated companies with financial or other benefits.
Our Relationship
Prime Nest Realty, Inc. and HomePrime Mortgage Corporation have an affiliated business relationship through common ownership. The same owner has an ownership interest in both companies.
Potential Benefit
Because of this relationship, referrals between our companies may provide the owner and/or the affiliated companies with financial or other benefits.
Your Choice
You are not required to use HomePrime Mortgage Corporation as a condition of working with Prime Nest Realty, Inc. You are free to shop around and choose any mortgage lender, mortgage broker, or settlement service provider of your choice.
No Ownership
Prime Nest Realty, Inc. does not own HomePrime Mortgage Corporation. Both companies are independently operated businesses.
I. Prime Nest Realty, Inc.
Real Estate Services Provider
Prime Nest Realty, Inc. provides real estate brokerage services, including but not limited to:
- Listing and sales services
- Residential and investment properties
- Commercial real estate services
II. HomePrime Mortgage Corporation
Mortgage Services Provider
HomePrime Mortgage Corporation provides mortgage broker and/or loan origination services, including but not limited to:
- FHA loans
- Conventional loans
- VA loans
- Reverse mortgage loans
- Commercial loans
- Streamline refinance loans
Need a signed copy?
For transaction purposes, you may download the Affiliated Business Arrangement Disclosure form below. The form includes signature lines.
If you have questions about this disclosure, please contact Prime Nest Realty, Inc.
