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US Bank

.S. BANK CONSUMER FINANCE WHOLESALE NON#8208;AGENCY MORTGAGE BROKER COMPENSATION OPTIONS INCLUDE:
Borrower#8208;Paid Compensation (BPC)
• For the borrower#8208;paid compensation option, the mortgage broker may receive compensation based on a fixed percentage of the
loan amount.
• For U.S. Bank Consumer Finance Wholesale Non#8208;agency loans, the maximum compensation cannot exceed 4.00% of the loan
amount. ($30,000 maximum allowed)
• Any seller paid contributions are considered borrower#8208;paid compensation.
• The mortgage broker will negotiate with the borrower directly to determine the amount of compensation that is to be paid.
No compensation will be paid to the broker from U.S. Bank Consumer Finance Wholesale Non#8208;agency.
• Under this scenario, the amount of compensation may vary from loan to loan providing it does not exceed the maximum
compensation allowed percentage of 4.00%.
• Owners must make sure all compensation earned by their loan officers is compliant with all regulatory restrictions.
Lender#8208;Paid Compensation (LPC)
• This compensation will be consistent for all U.S. Bank Consumer Finance Wholesale Non#8208;agency loans regardless of product, purpose
of loan or loan terms. (Subject to change based on market conditions)
• If LPC is selected, the amount can not be adjusted in any way based on the loan terms and conditions.
• Brokers are not permitted to credit any portion of LPC to the borrower. All third party costs must be paid by the borrower in cash.
• Owners must make sure all compensation earned by their loan officers is compliant with all regulatory restrictions.

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