ACH Authorization & Banking Verification

Authorizes recurring debit of monthly debt service from borrower's operating account, and confirms the wire-receipt account for loan disbursement.

01 Loan Information

Borrower / entity name

Loan no.

Closing date

Subject property

Monthly P&I

Payment due day

02 ACH Debit Account — for monthly debt service Attach a voided check or bank-issued direct-deposit form.

Bank name

Bank branch / location

Account holder name (as on account)

Account type

Routing & account — print exactly as shown on the bottom of your check

Routing number (9 digits)

Account number

Check no. of voided check

ACH Authorization

The undersigned hereby authorizes 818 Capital Partners ("818"), or its loan-servicing agent, to initiate electronic debit entries (ACH) from the account identified above for the purpose of collecting monthly principal, interest, escrow, and any other amounts that become due under the Note and the loan documents executed in connection with the loan number above. The undersigned authorizes the financial institution holding such account to debit the account in such amounts. This authorization shall remain in effect until the loan is paid in full or until 818 receives written notice of revocation no fewer than ten (10) business days prior to the next scheduled debit. The undersigned acknowledges that ACH transactions to the undersigned's account must comply with U.S. law and the National Automated Clearing House Association (NACHA) operating rules.

03 Wire-Receipt Account — for loan disbursement Where 818 should wire net loan proceeds at closing. May be the title company's escrow account.

Receiving bank

Bank address

Beneficiary name (account holder)

Beneficiary type

ABA / routing number

Account number

SWIFT (international only)

Reference / FFC

Wire-Fraud Warning

Wire-fraud schemes targeting real estate transactions are widespread. 818 will never change wiring instructions by email. Confirm all wire instructions by voice with a known 818 contact at (917) 993-9194 before initiating or accepting any wire. If you receive an email purporting to be from 818 with new or revised wire instructions, do not act on it — call us first.

NACHA notice. The undersigned acknowledges that this authorization is governed by the NACHA Operating Rules and applicable Regulation E of the Federal Reserve Board (12 C.F.R. § 1005). The undersigned has the right to receive notice of all varying-amount debits at least 10 days before the debit, except where the variance is a function of standard amortization. A returned-payment fee of $35 will apply to any insufficient-funds entry.

Authorized account holder — signature

Date

Printed name & title

Phone

818 Capital Partners · 110 Wall Street, New York, NY 10005 One page · Form 818-ACH