WASHINGTON ORAL AGREEMENT DISCLOSURE

Date:

Loan No:

Borrower:

Mortgage Broker: Nationwide Mortgage Loan Company Washington Mortgage Broker # 510-MB-25970

Property Address:

ORAL AGREEMENTS OR ORAL COMMITMENTS TO LOAN MONEY, EXTEND CREDIT, OR TO FOREBEAR FROM ENFORCING REPAYMENT OF A DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW.

I understand a credit agreement is "an agreement, promise, or commitment to lend money, to otherwise extend credit, to forebear with respect to the repayment of any debt or the exercise of any remedy, to modify or amend the terms under which the creditor has lent money or otherwise extended credit, to release any guarantor or cosigner, or to make any other financial accommodation pertaining to a debt or other extension of credit" under Washington Code Sections 19.36.100 - 19.36.900.
I understand and agree to the above statement.

WASHINGTON L B Oral Agree Discl