Affiliated Business Arrangement Disclosure
This is to give notice that Tri Pointe Homes Holdings, Inc. (“TPHH”) has a business relationship with Tri Pointe Advantage Insurance Services, Inc. (“Advantage”), an insurance agency selling property, casualty, and other types of insurance. Specifically, TPHH’s ultimate parent entity, Tri Pointe Homes, Inc., indirectly owns 100% of TPHH and Advantage. Accordingly, any referral to Advantage may provide TPHH, its parent company and/or its affiliates with a financial or other benefit.
Set forth below is the estimated charge, or range of charges, for the settlement services listed. You are NOT required to use the listed provider as a condition for settlement of your loan on, or purchase, sale or refinance of, the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
Homeowners—Annual premium rates for homeowners insurance vary substantially depending on many factors, including the type and amount of coverage; property value; home or community features, building materials used, type, age, location, and size of home; claims history; and other related factors. Flood—Flood insurance that is required will often cost more and depending on the situation could cost more than a thousand dollars a year.
This range of annual premium rates is provided as an example only, is not a guarantee or warranty of the availability of any particular premium rate, and is subject to change without notice. Your annual premium rate may be higher.
Homeowner's Insurance
Approximately 0.2% to 2.5% of the Purchase Price
Flood Insurance
Approximately 0.1% to 1.0% of the Purchase Price
Acknowledgement: By clicking “Accept” below, I/we acknowledge that I/we have read this disclosure form, and understand that any referrals by TPHCC for the above described settlement service(s) may result in TPHCC and/or its affiliates receiving a financial or other benefit.
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