Affiliated Business Arrangement Disclosure

This is to give you notice that Ashton Austin Residential L.L.C., Ashton Houston Residential L.L.C., Ashton Dallas Residential L.L.C., Ashton San Antonio Residential L.L.C., and Ashton Woods Arizona L.L.C. (individually and collectively referred to as “Ashton Woods”) has a business relationship with Velocio Mortgage L.L.C (“Velocio”). Specifically, an affiliate of Ashton Woods owns a 49% interest in Velocio. Because of this relationship, this referral may provide Ashton Woods with a financial or other benefit.

Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider as a condition for the purchase or sale of your property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Velocio Mortgage L.L.C. CHARGES OR RANGE OF CHARGES

Origination Fee

1%

Discount Point(s)

0% - 4%

Processing Fee

$ 600.00

Underwriting Fee

$ 695.00




ACKNOWLEDGEMENT

I/we have read this disclosure form and understand that Ashton Woods is referring me/us to purchase the above-described settlement service(s) and that the principals of Ashton Woods may receive a financial or other benefit as a result of this referral.


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I Acknowledge & Accept