Important Announcement: State and Federal disclosures added to Broker Initial Disclosure Package.
Great News!!! Effective Monday, November 1, 2021, Florida Capital Bank (FLCBank) will now include state and federal disclosures in our initial disclosure packages. Listed below is an overview of the new process.
- FLCBank will continue to have a Fee Entry process, click here for an updated Fee Entry Form with step-by-step instructions required going forward.
- FLCBank will release the initial disclosures via eSign to all borrowers and the Loan Originator which will now contain state and federal disclosures.
- The borrower(s) and the Broker Loan Originator will receive an eSign package
• The borrower(s) will receive an email notification with a link to eSign the package
• The LO will receive an email notification indicating the package has been sent to the borrower(s)
• The LO will receive an email notification with a link to login IDS our doc vendor and eSign
Important Information:
- The Loan Originator must run AUS before submitting the Fee Entry Form to FLCBank. This is required to ensure the credit report data is merged for all borrower(s) as certain disclosures require the credit data.
- FLCBank requires the Broker to complete the Federal Affiliated Business Arrangement disclosure if your company has an affiliated business arrangement with a provider and have the borrower(s) sign.