Terms, Conditions & Important Disclosures

Offer Summary

Send us your locked Loan Estimate and let us review your financing. If we can't provide a better financing solution, lunch is on us as a Client Appreciation thank-you (nominal value of $25).

Eligible Loan Products

This offer is available for the following mortgage products:

• Conventional Conforming Loans
• High-Balance Conventional Loans
• FHA Loans
• VA Loans
• Non-QM Loans
• Bank Statement Loans
• DSCR Loans

The following loan products are excluded:

• Adjustable-Rate Mortgages (ARMs)
• Reverse Mortgages
• Home Equity Loans and HELOCs
• Construction Loans
• Renovation Loans
• Bridge Loans
• Portfolio loan products that cannot be independently compared
• Specialty loan programs with unique underwriting, subsidy, grant, or pricing structures

Minimum Loan Amount

The loan amount must be $250,000 or greater.

Definition of a Better Terms

For purposes of this promotion, a "Better Terms" means a materially comparable mortgage transaction that provides a financial advantage to the borrower.

Purchase Transactions

A Better Terms may include:

• A lower interest rate for the same loan term while charging equal or lower lender fees, discount points, origination fees, and mortgage broker compensation; or
• The same interest rate for the same loan term while charging lower lender fees, discount points, origination fees, and mortgage broker compensation.

All competing loan offers must be materially comparable, including but not limited to:

• Loan amount
• Occupancy type
• Property type
• Lien position
• Loan-to-value ratio
• Credit score
• Documentation requirements
• Reserve requirements
• Prepayment penalties
• Interest-only features
• Escrow requirements
• Lock period
• Underwriting guidelines
• Mortgage insurance requirements

The competing offer must originate from a mortgage lender, mortgage broker, bank, or credit union that is properly licensed in the state where the subject property is located and whose pricing is generally available to the public. Offers based upon employee discounts, affinity programs, membership-only programs, private banking relationships, family relationships, or other non-public pricing arrangements are not eligible.

SD Capital Funding shall have sole discretion in determining whether a competing offer is materially comparable and whether it constitutes a Better Terms.

Required Documentation

Purchase Transactions

Borrowers must provide a complete, unaltered, locked Loan Estimate issued by a licensed mortgage lender, mortgage broker, bank, or credit union.

The Loan Estimate must:

• Be locked at the time of submission;
• Have been issued no more than seven (7) calendar days prior to submission to SD Capital Funding;
• Clearly identify the lender name, borrower name, property address, loan amount, interest rate, loan term, lock expiration date, origination charges, discount points, lender credits, and mortgage insurance (if applicable).

SD Capital Funding may request additional documentation as necessary to verify eligibility and perform an accurate comparison.

Timely Submission Requirement

To be eligible for the SD Capital Launch Program and the Lunch On Us Client Appreciation:

• Loan Estimates must be submitted within seven (7) calendar days of issuance; and
• All submitted documentation must be complete, unaltered, and capable of independent verification.

SD Capital Funding reserves the right to reject submissions that are stale, incomplete, altered, expired, unverifiable, or otherwise fail to satisfy the requirements of this promotion.

Lunch On Us Client Appreciation Eligibility

To qualify for the Lunch On Us Client Appreciation:

1. The borrower must submit qualifying documentation to SD Capital Funding within seven (7) calendar days of the Loan Estimate issuance date and prior to closing with another lender.
2. SD Capital Funding must review the competing offer and determine that it is unable to provide Better Terms.
3. The borrower must close the mortgage transaction with the competing lender identified in the submitted documentation.
4. The borrower must provide a copy of the final Closing Disclosure or equivalent settlement statement within ninety (90) days of the original comparison request.
5. The competing loan must close substantially on the same terms originally presented and reviewed by SD Capital Funding.

Upon verification of eligibility, SD Capital Funding will provide the Lunch On Us Client Appreciation in the form of a restaurant or food-delivery gift card (or equivalent) with a nominal value of twenty-five U.S. dollars ($25), issued to the primary borrower listed on the loan application. The gift card will be delivered to the borrower's address or email of record within sixty (60) days following receipt and verification of the final Closing Disclosure or settlement statement. The Lunch On Us Client Appreciation has no cash value, is non-transferable, and cannot be exchanged for cash.

Limit one (1) Lunch On Us Client Appreciation per closed loan transaction, property, and borrower.

Exclusions

This promotion does not apply to:

• Builder-affiliated preferred lender programs
• New construction financing incentives
• Temporary or permanent rate buydowns funded by builders, sellers, lenders, or third parties
• Community lending programs
• Housing authority or bond programs
• Down payment assistance programs
• Employee, affinity, membership, relocation, or private banking programs
• Relationship pricing tied to asset balances or deposit accounts
• Promotional offers not generally available to the public
• Transactions involving affiliated business arrangements
• Loans submitted through unlicensed or non-accredited lending entities
• Situations where pricing, fees, terms, or eligibility cannot be independently verified

Additional Terms

The SD Capital Launch Program is intended solely as a marketing promotion and does not constitute a commitment to lend, lock a rate, approve a loan, or guarantee specific loan terms. All mortgage loans are subject to credit approval, property approval, underwriting review, investor guidelines, and applicable federal, state, and local laws and regulations. Interest rates, loan programs, pricing, and eligibility requirements may change without notice. SD Capital Funding reserves the right, in its sole discretion, to interpret these terms, determine eligibility, resolve disputes, verify competing offers, and modify, suspend, or terminate this promotion at any time without prior notice. Offer only valid where SD Capital Funding is licensed to conduct business. Visit our Licensing Page here. Not available in Washington State. Void where prohibited by law. Equal Housing Opportunity. SD Capital Funding Inc. NMLS ID #2821627