By submitting this application, you acknowledge that everything is true and correct to the best of your knowledge. JWP Funding originates loans under 12 CFR 1024.5 (b)(2) Business purpose loans and are exempt from coverage under RESPA as defined by 12 CFR 1026.3 (a)(1) of Regulation Z.
Business Purpose Lending:
JWP Funding is in the business of originating Business Loans and is not in the business of originating loans for personal, family, or household purposes. Borrower agrees that they will not obtain a loan for personal, family, or household purposes. In the event a Loan is sought by the Applicant for personal, family or household use, at the time of origination, it may be subject to applicable local, state and federal laws rules and regulations relating to loans made for personal, family or household purposes, including but not limited to the Real Estate Settlement Procedures Act, and its implementing regulation, Reg. X, the Truth in Lending Act, and its implementing Regulation, Regulation Z, and any other applicable state, federal or local consumer protection laws and amendments that are in effect at the time the loan was originated.
Fair Lending:
JWP Funding ensures that all Applicants seeking financing will be treated in a fair and non-discriminatory manner consistent with the provisions of the Fair Housing Act, the Equal Credit Opportunity Act and the Fair Credit Reporting Act, and the implementing regulations promulgated thereunder as well as any other applicable federal, state and local laws, rules and regulations. JWP Funding is an equal opportunity lender and will not engage in lending discrimination in any form on the basis of any class protected by law, including without limitation, race, color, religion, national origin, sex, marital status, familial status, handicap, disability, age (provided Applicant has the capacity to contract), Applicant's receipt of income from any public assistance program, and applicant's exercise, in good faith, of any rights it may have under Applicable Law.
Patriot Act:
JWP Funding and each other person involved in the Loan transaction has complied with and will comply with all Applicable Law including, without limitation, the USA Patriot Act of 2001, and required record keeping and reporting requirements thereunder, with respect to the activities in which it engages. No court or regulatory agency has found Broker in violation of any international, country, federal, state or local financial services related laws or regulations.