Trio Closing Tips
Agent Compensation
Agent Guidelines
Authorization to release information
Broker Fee Agreement
Customer Guidance
Customer Purchase Tips
Trio Qualified Homes
Lender Release Form
Offer Submission Requirements
Trio Assignment Addendum
Trio Offer Submission Form
Trio Walkthough Checklist
BPG Inspection Order Form
The undersigned applicant is hereby notified that Trio will obtain an investigative consumer report for application screening purposes. Such report may include information as to an applicant’s character, general reputation, personal characteristics, mode of living, history of criminal convictions, employment, credit, rental history and other such items. The undersigned applicant acknowledges their right to request a complete and accurate disclosure of the nature and scope of the investigation requested. Such a request will be mailed or otherwise delivered to applicant within a reasonable period of time from the date of the applicant’s request for disclosure.
Pursuant to the United States and applicable state laws (collectively “federal and state law”), Trio certifies that the investigative consumer report requested to be supplied on the attached application is for screening purposes only; that Trio has complied with the disclosure requirements of federal and state law, as amended, by making clear and conspicuous disclosure in writing to the you that an investigative consumer report may be obtained for screening purposes; and that you are authorizing such procurement by your application submission. Pursuant of federal or state law, as amended, Trio nor its affiliate shall not use the investigative consumer report in violation of any other applicable federal or state fair housing, or equal opportunity law or regulation, and that Trio or its affiliates shall not take adverse action against you based in whole or in part of the investigative consumer report without providing the following contact information.
Trio utilizes the services of Equifax and ACRAnet for consumer reporting.
ACRAnet CBS Branch
P.O. Box 5393
Spokane, WA 99205-0393
(800) 572-3218
Equifax Information Services LLC
PO Box 740241
Atlanta, GA 30374-0241
(800) 685-1111
Applicants can access their report from Equifax at www.equifax.com/personal/credit-report-services
The undersigned applicant acknowledges that Trio and its affiliates may use personal information (such as name and email) to directly communicate with the applicant through a variety of Trio’s communication and marketing platforms. Such platforms may include, but are not limited to, the Trio newsletter, marketing and/or promotional materials, such as email notifications, and other information that Trio or its affiliates deems relevant. The undersigned applicant may opt out of receiving any, or all, of these communications from Trio by following the unsubscribe link or instructions provided in any marketing communication sent by Trio. See Trio’s privacy policy for more details.
Trio reserves the right to use any imagery and property specifications (regardless if occupied by the applicant) in their marketing efforts as it relates to advertising and promotional outreach or otherwise. Trio reserves the right to use any communication between the lessee and company for marketing purposes. Trio will never list customer’s full name in its marketing unless approved by customer in writing. Trio will not disclose any personal customer information in these publications nor will they sell, use, or disclose any applicant’s personal information in any of their marketing endeavors. Trio’s promise is to protect all applicants and lessees’ personal information and respects every household’s right to privacy (see our privacy policy for more details).
The undersigned applicant acknowledges that Trio and its affiliates may use personal information provided by the applicant for services including: (1) to consumer counseling agencies affiliated with Trio; (2) to mortgage originators and servicers affiliated with Trio; (3) to property servicing partners involved in property management and maintenance; (4) to credit reporting and collection services should applicant default on obligations; (5) to affiliated credit counseling and credit repair companies should applicant fail to qualify for Trio financing or as deemed appropriate by Trio; and (6) to other affiliates as necessary or deemed appropriate by Trio in its sole judgement.
Each of the undersigned specifically represents to Trio and its affiliates, potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided in this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary damages, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the financing requested pursuant to this application will be or is already secured by a mortgage or deed of trust on the property described as an OwnOption Mortgage originated on my behalf; (3) the property will not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made for the purpose of obtaining a residential lease or rental agreement; (5) I intend to personally occupy the property and am not making application with the purposes of renting out the property; (6) Trio and its affiliates, servicers, successors or assigns may retain the original and/or an electronic record of this application, whether or not my financing is approved; (7) Trio and its agents, brokers, insurers, servicers, successors, and assigns may continuously rely on the information contained in the application, and I am obligated to amend and/or supplement the information provided in this application if any of the material facts that I have represented herein should change prior to my moving into the property; (8) in the event that my payments under my financing agreement become delinquent, Trio, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; and (9) my transmission of this application as an “electronic record” containing my ” electronic signature,” as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application were delivered containing my original written signature. Each of the undersigned hereby acknowledges that Trio or its affiliates, its servicers, successors and assigns, may verify or reverify any information contained in this application or obtain any information or data relating to my application, for any legitimate business purpose through any source, including a source named in this application or otherwise.
Trio is an Equal Housing Opportunity Provider. Please note that all information is provided for informational purposes only, for the exclusive use of potential Trio customers. Information contained on this website does not represent an offer or commitment to enter a lease-to-own agreement by Trio. Not all programs are available in all areas and lease pricing and costs stated do not apply to all leases made. Trio’s underwriting guidelines and program restrictions apply. Terms and programs listed are subject to change without notice. Trio only conducts business in approved states. Trio is an Equal Housing Opportunity Provider. Trio Residential, LLC is a licensed residential brokerage headquartered in the State of Washington, License # 19023.
I/We, are applying/have applied for home financing with Trio. I wish to provide access to information, including that outlined below, related to my personal information. This information may be from my lender, real estate agent or other designated 3rd party to Trio or from Trio to these 3rd parties designated above.
I/We understand that by authorizing this release, information such as the following may be disclosed:
Application information from my lender such as income, asset and employment documentation
Status of my application with Trio (such as whether my application is submitted, in review or approved)
Information regarding any specific information required to complete my application with Trio
Information regarding any specific information required to assist with an application decision by Trio
Information regarding the status or any assistance required for the closing of my selected home
Should my/our Designated 3rd Party include my mortgage lender, as part of my application process or in considering my household for approval with Trio, Trio may verify information contained in my application with my lender and receive materials provided by me/us to my lender in support of my application and in other documents required in connection with my application.
I/We acknowledge that Trio’s Privacy Policy as is available at thinktrio.com. This authorization is valid as long as I am in the application process or in a Trio lease agreement and includes the ultimate purchase of my home. I acknowledge that I may revoke this authorization at any time by providing written notice to Trio.
I/We hereby indemnify and forever hold Trio and its authorized representatives harmless from any and all actions and causes of actions, suits, claims, attorney’s fees, or demands against Trio, which I and my heirs may have resulting from Trio discussing, or declining to discuss, my account with the above-named 3rd parties or person(s) identifying himself/herself to be that requestor, or resulting from providing, or declining to provide, any documents or other information concerning my account.
A copy or electronic copy of this authorization may be accepted as original.
Your authorization to release information form has been successfully submitted.
Lisa Sandoval
(480) 242-4281
subdivisionpro@gmail.com
http://remax-central.vegas/
8400 West Sahara Avenue
Las Vegas, NV 89117
Lori Galarza – Broker-REALTOR
lori@remax-central.vegas
702-277-7764
https://www.civiccenterrealty.com
Scotsdale, AZ
480-428-1781
Join us at the Sacramento Association of Realtors on January 31, 2019 at 6pm to learn more about Trio.
Click here for details.
To kick off the new year and celebrate our partnership with NOVA Home Loans, we are offering $500 credit if you apply with Trio through January 5th and lease a home with us by the end of February 2019. Use the promo code NOVAAZ and apply today!
Promo Guidelines: Customer must apply with Trio between 12/29/18 and 1/5/19 with the promo code NOVAAZ, be approved, a close with Trio in any of our select locations by 2/28/19 to receive $500 credit.
Silverstone Communities (www.silverstonenewhomes.com) Trio Trained Builder
Lennar Homes (www.lennar.com)
Wade Jurney Homes (www.wadejurneyhomes.com)
Expo Homes (www.expohomes.us)
Sunrise Builders (www.sunrisebuilders.com)
Rocklyn Homes (www.rocklynhomes.com)
Richard Housing Group (rhghomes.com)
Knight Homes (knighthomes.com)
Meritage Homes (meritagehomes.com)
George Tomas Homes (georgetomashomes.com)
Kerley Family Homes (kerleyfamilyhomes.com)
Starlight Homes (starlighthomes.com)
Ashton Woods (ashtonwoods.com)
Here are answers to common questions about how Trio provides financing approvals.
With a few exceptions made for higher income households, the maximum payment you can qualify for with Trio is 38% of your gross household income. So if your gross household income is $5,000, your maximum payment would be $1,900 ($5,000 x 38%). Note that your approved payment may be limited due to your other debt obligations. Trio approves payments to a maximum of 50% of your gross household income less your other debt obligations (generally as reported on your credit report) or 38%, whichever is less.
Your approved maximum monthly payment may be increased upon your request or limited by Trio’s underwriting team should you have a larger amount of fixed obligations on your credit report. Items that may add to limitations on approved amounts could be from items like car payments, credit card payment, student loans, etc. Factors that lead to increased monthly payments include larger amounts of savings, higher credit scores and higher household income. See payment estimator to check how much you could qualify for with Trio.
All occupants over 18 must make application for Trio. If a member of the household doesn’t have income or has a lower credit score or lacks a credit score, Trio may not rely on their credit for approval, but they will be required to sign the lease and have a completed background check.
To estimate your maximum approved home price, go to Compare Trio and select the home price that is closest to your budgeted monthly payment. To estimate a monthly payment that you may qualify for, see Trio’s payment estimator.
You can qualify for Trio if your bankruptcy has been officially discharged by the courts. We will require confirmation of discharge on your credit report or a copy of your discharge paperwork before final approval.
You are eligible for financing with Trio as soon as your foreclosure or short sale has been recorded. Trio will require verification either from your credit report or from the title records on your home.
Provide your prior year tax returns and current profit and loss statement along with a copy of your most recent two months business bank statements.
Anyone who will reside in your Trio financed home that is over 18 has to apply to Trio. These same household members also sign your Trio financing agreement and are individually responsible for the terms of your financing.
You can qualify for TrioSelect if you currently own a home. Your income will need to support both homes, less any rental income. If you are relocating because of employment or family purposes, Trio may make an exception for you to qualify for TrioFirst.
Once you are approved, you have 90 days to finance a home before your approval expires. To update your approval, we will require updated credit scores as well as income and reserve documentation.
Modern information and communication technologies play a fundamental role in the activities of an organization like Trio. It is in this light that we issue this privacy statement. We are based in Bellevue, WA USA. Our principal activity is residential lease financing. Our privacy policy covers Trio, its web site and affiliated businesses.
You can access our web site home page and browse our site without disclosing your personal data. Our web site does not enable our visitors to communicate with other visitors or to post information to be accessed by others. Our web site does not include links to third party web service providers.
We do not use cookies on our web site. We do not automatically log personal data nor do we link information automatically logged by other means with personal data about specific individuals.
We collect the personal data that you may volunteer while using our services. We do not collect information about our visitors from other sources, such as public records or bodies, or private organizations. We may collect and use personal data for the additional purpose of evaluating your application for financing. If we wish to use your personal data for a new purpose, we offer you the means to consent to this new purpose.
We do not knowingly collect personal data from children.
We do not disclose your personal data to other organizations beyond our affiliates and service providers. Where we disclose your personal data for purposes that are different from those indicated on our website, we offer you the opportunity to consent to disclosure.
We give you the option of using a secure transmission method to send us the following types of personal data: primary personal data (such as name and contact details); other personal and profiling data; identifiers (such as credit card details); specific personal data (such as racial or ethnic origin and medical data).
We have implemented security policies, rules and technical measures to protect the personal data that we have under our control from: unauthorized access; improper use or disclosure; unauthorized modification; unlawful destruction or accidental loss.
All our employees and data processors who have access to, and are associated with the processing of personal data, are obliged to respect the confidentiality of our visitors’ personal data.
We ensure that your personal data will not be disclosed to state institutions and authorities except if required by law or other regulation.
You can ask us, by sending an email (info@thinktrio.com) whether we are keeping personal data about you. We will provide you with a readable copy of the personal data which we keep about you, within a week. Prior to issuance, we will require proof of your identity. We will provide the information without any charge. We allow you to challenge the data that we hold about you and, where appropriate, you may have the data erased. We do not reserve the right to refuse to provide you with a copy of your personal data.
There are no national laws or self-regulatory schemes applicable to our website or organization. There are no global or regional regulatory or self-regulatory schemes applicable to our web site or organization. In order to demonstrate that our privacy policy accords with the above privacy instrument, we are voluntarily committed to a self-assessment procedure conducted by our affiliated company Trio Residential LLC located at 601 – 108th Ave NE, Suite 1900, Bellevue, WA 98004.
We do provide our visitors with a contact point for privacy concerns or inquiries. You may contact info@thinktrio.com for any questions or concerns. Your privacy and protection of your personal data is of our utmost concern. We strive to do all we can to protect your privacy.