STATEMENT OF CREDIT DENIAL, TERMINATION OR CHANGE

Date of Notice: 12/02/2023

Loan Number: 656ad76b7723732692bb1330

Applicant’s Name: JASON HAMILTON
Applicant’s Address: 2024 MEMORIAL PKWY NW, AL, 35810-4511
Property Address: 606 BRISTOW CREEK TRAIL, AL, 35952-8937

Your application for a $77,000.00 Mortgage was carefully considered, and we regret that we are unable
to approve your application for the following reason(s)

PART I - PRINCIPAL REASON(S) FOR CREDIT DENIAL, TERMINATION, OR OTHER ACTION TAKEN
CONCERNING CREDIT:

A. CREDIT:
£ Insufficient number of credit references provided
S Limited credit experience
£ Unable to verify credit references
S Garnishment, attachment, foreclosure,
repossession, collection action or judgment
£ Unacceptable payment record on previous
mortgage
£ Lack of cash reserves
S Delinquent past or present credit obligations with
others
£ Bankruptcy
S Unacceptable type of credit references provided
£ Poor credit performance with us
£ No Credit File
£ Number of recent inquiries on credit bureau
report
£ Collection action or judgement
£ Foreclosure or repossession
B. EMPLOYMENT STATUS
£ Unable to verify employment
£ Length of employment
£ Temporary or irregular employment, Insufficient
Stability of Income
D. RESIDENCY
£ Temporary residence
£ Length of residence
£ Unable to verify residence
E. INSURANCE, GUARANTY or PURCHASE
DENIED BY
£ Department of Housing and Urban Development
£ Department of Veterans Affairs
£ Federal National Mortgage Association
£ Federal Home Loan Mortgage Corporation
F. OTHER
£ Insufficient funds to close the loan
£ Credit application incomplete
£ Value or type of collateral not sufficient
£ Unacceptable property
£ Insufficient data – property
£ Unacceptable appraisal
£ Unacceptable leasehold estate
£ We do not grant credit to any applicant on the
terms and conditions you have requested.
£ Other

C. INCOME
£ Income insufficient for amount of credit
requested
£ Unable to verify income
£ Excessive obligations in relation to income

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PART II - DISCLOSURE OF USE OF INFORMATION OBTAINED FROM AN OUTSIDE SOURCE:

S Our credit decision was based in whole or in part on information obtained in a report
from the consumer- reporting agency listed below. You have a right under the Fair Credit Reporting Act to
know the information contained in your credit file at the consumer reporting agency. The reporting agency
played no part in our decision and is unable to supply specific reasons why we have denied credit to you.
You also have a right to a free copy of your report from the reporting agency, if you request it no later than
60 days after you receive this notice. In addition, if you find that any information contained in the report
you receive is inaccurate or incomplete, you have the right to dispute the matter with the reporting
agency.

Name: Experian
Address: PO Box 2002, Allen, TX 75013
Phone: (888) 397-3742
Fax: N/A

We also obtained your credit score from the consumer reporting agency identified above and used it in
making our credit decision. Your credit score is a number that reflects the information in your consumer
report. Your credit score can change, depending on how the information in your consumer report
changes.

Your credit score: 557

Date: 12/02/2023
Scores range from a low of 320 to a high of 844.

Key factors that adversely affected your credit score:

Serious delinquency, and public record or collection filed
Number of accounts with delinquency
Lack of recent revolving account information
Proportion of loan balances to loan amounts is too high

If you have any questions regarding your credit score, you should contact Experian Consumer Relations
at:
Address: PO Box 2002, Allen, TX 75013
Toll-free Telephone number: (888) 397-3742

☐ Our credit decision was based in whole or in part on information obtained from an affiliate or from
an outside source other than a consumer reporting agency. Under the Fair Credit Reporting Act, you have
the right to make a written request, no later than 60 days after you receive this notice, for disclosure of the
nature of this information.

If you have any questions concerning this notice, you should contact the following:
Creditor’s Name: SoFi Bank, National Association
Creditor’s Address: 2750 East Cottonwood Pkwy. Suite 300, Cottonwood Heights, UT 84121
Creditor’s Telephone Numbers: (844) 763-4466

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NOTICE: The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit
applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the
applicant has the capacity to enter into a binding contract); because all or part of the applicant's income
derives from any public assistance program; or because the applicant has in good faith exercised any
right under the Consumer Credit Protection Act. The federal agency that administers compliance with this
law concerning this creditor is: Office of the Comptroller of the Currency, Customer Assistance
Group, P.O. Box 53570, Houston, TX 77052.

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