ÛÛÛnÜÜÝÞßàÛáßâÝãäåàæÝß - Quicken Loans

1050 Woodward Avenue | Detroit, MI 48226 1050 Woodward Avenue | Detroit, MI 48226

Important Escrow Information

Escrow Account Disclosure Statement Escrow Account Disclosure Statement

Important Escrow Information

BAR CODE INFO GOES HERE BAR CODE INFO

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2-81CB0-oo0rD-BrDo0ow0r2re-0or0w00e0r01-001-2-000-110-000-000-1oz BoAbdSdmreitshs Line 1 KrAisdtidnreSmssitLhine 2 12345 Anywhere Dr. BAR CODE INFO GOES HERE BAR CODE INFO Detroit MI 48958-1329

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12/34/5678

Loan NumLboearn: Number: 12345678192034567890

CurrenPtrPoapyemrtyenAtdAdmreosus:nt1:2345 Anyw$h12er,3e4D5r..67

Next Payment Due Date: Detroit MI 4128/93548/5678

New PaySmtaetnetmAemntoDuantte: : 04/15/2015$12,345.67 CuNrerewntPPayaymmeennt tEAffmecotiuvnetD: a$t1e,8: 78.97 12/34/5678

Next Payment Due Date: 05/01/2015

New Payment Amount: $1,516.54

New Payment Effective Date: 06/01/2015

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HDie,aBroBboSrmroiwthearnadndKrCisot-iBnoSrmroitwhe. r, As trusted managers of your escrow account, we have safeguards in place to ensure there's enough money in your account to cover yAosutrutastxeadnmdainnsaugrearnscoefpyaoyumr ensctsr.oTwhaecsecosuanfetg, wuaerhdasvperosatefecgt yuoaurdasnidn upslafcreomtofeluncstuuraetitnhgertea'xseesnaonudgihnmsuorannecyeinthyaotucraancccaouusnet ctohacnogvesr iynoyuorutarxacacnoduints.urance payments. These safeguards protect you and us from fluctuating taxes and insurance that can cause changes Binaysoeduroancocuorunretv. iew, you have a shortage of $3,271.82.

Based on our review, you have a shortage of $12,345.67

Projected Minimum Balance

$-2,282.48

- WRehqaut'isreindYMoiunrimAuccmouBnatlance - WShhoarttaSgheouAlmd oBuenint Your Account

$1$,923849..5364 $$13,2,23741..5862

Amount Needed to Fix Shortage

$1,234.56

This shortage was caused by changes in your taxes or insurance. To see these changes, turn to Part 2.

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To correct your shortage, we've outlined two different payment options for you to choose from:

To balance your account, we've outlined two different payment options for you to choose from:

11 PART

PART

YYoouurrMMoorrttggaaggeePPaayymmeenntt Payment information beginning on 06/01/2015

Payment information beginning on 12/34/5678

Option 1

Payment Information Current Monthly Payment

New Monthly Payment

Option 1

Payment Information Current Monthly Payment

New Monthly Payment

Step 1: Pay your shortage in full by using

Principal & Interest:

$1,021.87

$1,021.87

Pthaeycyoouuprosnhobretlaogweoinr ofunllibnye . coupon below. Step 2: After your shortage payment is Aapftpelrieydo,uyrosuhronretwagme opnaythmlyepnat yismaepnptlied,

PriEnscciproawl &PIanytmereenstt:: Escrow Payment: Total SPhaoyrmtaegnet::

$123$,485567..7108 $123,456.78 $12$31,,485768..7987

$123$,445964..7687 $123,456.78 $12$31,4,55166..7584

yaomuorunnetwwmillobneth$1ly,5p16a.y5m4.ent amount will be $12,345.67

Total Payment:

OR

$123,456.78

$123,456.78

OR

Option 2

Payment Information Current Monthly Payment

Pay over 12 Months

If yOoputiocnh2oose not to pay in full (Option 1), I1wysmf2poiyolrumloenrbuaotsehdnchlthyoo$hov1rps2toe,aa,rs3ygye41ome25utwoe.mr6nisn7lotplenbwrweteihalmlasdbu.otYethnoo$etmu1hs,r7alhy8ntoip9ecraaw.t1aly9lygm. eeonvter

PPraiynmciepnatlI&nfoInrmtearteiostn: PriEnscciproawl &PIanytmereenstt::

Escrow SPhaoyrmtaegnet:: TotalSPhaoyrmtaegnet:: Total Payment:

Current Monthly$P1,a0y2m1e.8n7t $123$,485567..7180 $123,456.78 $12$31,,485768..7987 $123,456.78

Pay Over 12$M1,0o2n1t.h87s $123$,449564..7687 $123$,425762..6785 $12$31,,475869..7189 $123,456.78

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QL026

To pay your current shortage in full, return this coupon with the amount due shown below.

Bob Smith CKori-sBtionrrSomwiethr 1B2o3r4ro5wAenrywhere Dr. DAdetdrroeist sMLIi4n8e9158 Address Line 2

Due Date 0125//3249//52607185

Amount Due $13,,223741.8526

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NIYmoouptroemr:tEoasrntctgrIaongwfeo-rpOmaynamltyioeDnntehpaosscihtanged. If you use automatic bill pay, please contact your bank to adjust your payments.

BAR CODE INFO GOES HERE BAR CODE INFO

Mail to: Quicken Loans Inc. P.O. Boxx 66557777

Carol Stream, IL 60197-6577

BAR CODE INFO GOES HERE BAR CODE INFO

Note: Escrow-Only Deposit

0DD002_3313921073.PDF

2 PART

Your Escrow Account History

The chart below reflects what actually happened in your escrow account since your last analysis compared to what we expected would happen. If there were changes to your taxes and insurance, we highlighted them in yellow.

Date

Payment to Escrow

03/2015 04/2015 05/2015

Total

$857. 1 0 $857. 1 0 $857. 1 0

$2,571.30

3 PART

What We Paid Out

$0.00 $594.84

$0.00 $594.84

Your escrow account history

What We Estimated to Pay Out

$0.00 $0.00 $0.00

Description HAZ INS

Beginning Balance Ending Balance

Actual Balance

$-2,380.42 $-1,523. 3 2 $-1,261.06 $-403.96 $-403.96

Last Year's Estimated Balance

$1,976. 1 5 $2,470.20 $2,964. 2 5 $3,458.30

$3,458.30

Expected Escrow Payments over the next 12 Months

County Tax: Future Disbursement Amount:

Total:

$5,341.21 $594.84 $5,936.05

Quicken Loans expects to pay $5,936.05 over the next 12 months.

Here's how to calculate your new monthly escrow payment:

Total Taxes and Insurance: ? 12 Months:

$5,936.05 12

New Monthly Escrow Payment

$494.67

Date

06/2015 07/2015 08/2015 09/2015 10/2015

11/2015 12/2015 01/2016 02/2016 03/2016 04/2016 05/2016

Summary of your projected escrow account for the coming year

Payment to Escrow

$494.67 $494.67 $494.67 $494.67 $494.67 $494.67 $494.67 $494.67 $494.67 $494.67 $494.67 $494.67

What We Expect Paid Out

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5,341.2 1 $0.00 $0.00 $0.00 $0.00 $0.00

Description CNTY TAXES

Beginning Balance Ending Balance

Your Actual Balance

$-403.96 $90.7 1 $585.38

$1,080.05 $1,574. 7 2 $2,069.39 $2,564.06 $-2,282.48 $-1,787.8 1 $-1,293. 1 4 $-798.47 $-303.80 $190.87 $190.87

Balance Needed In Your Account

$2,867.86 $3,362.5 3 $3,857.20 $4,351.87 $4,846.54 $5,341.2 1 $5,835.88 $989. 3 4 $1,484.0 1 $1,978.68 $2,473. 3 5 $2,968.02 $3,462.69 $3,462.69

The minimum balance, highlighted in yellow, is determined by the Real Estate Settlement Procedures Act (RESPA), your mortgage contract or state law. Your minimum balance may include up to two months of escrow payments to cover increases to your taxes and homeowners insurance.

Loan Number: 1234567890

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QL026

4 PART

What This Means to You

Your balance is less than the amount needed in your account. The resulting shortage is $3,271.82. Did you know by having recurring payments set up through , we'll adjust for any changes in your monthly payment automatically? However, if you have automatic bill pay through your bank, you'll need to contact them directly to adjust your payment.

5 PART

How You Can Reach Us with Questions

Like to learn more about your escrow analysis statement? Check out our helpful video on Video. For statement questions, please contact Client Relations: (800) 508-0944, option 3 Monday -- Friday, 8:30 a.m. -- 9:00 p.m., and Saturday, 10:00 a.m. -- 4:00 p.m. ET Email: Help@ Out of the country? Call (888) 855-1822

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Loan Number: 1234567890

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QL026

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