Optimus Funding Affiliated Business Disclosure

Optimus Funding Affiliated Business Disclosure
Last updated January 1, 2024

​

This is to give you notice that Optimus Funding Inc. and Aland Group Inc. are part of a family of companies (the "Affiliated Companies”), and each may refer you to the services of the other. Both companies are wholly owned by Kwok Choy, either directly or through one or more subsidiaries.

Because of these relationships, the referral of a customer (including you) by any of the Affiliated Companies to another may provide the referring company, its affiliates, and/or their employees with a financial or other benefit.

​

You are NOT required to use any of these service providers as a condition of the purchase, sale, or refinance of the subject property, or to obtain access to any settlement service.

Services and Estimated Fees

Company NameSettlement Service ProvidedEstimated Fee or Fee Range

Optimus Funding Inc.Mortgage Brokerage Services: 0.50% – 3.00% of loan amount

Aland Group Inc.Real Estate Brokerage (Listing/Buyers): 1.00% – 3.00% of sales price (each side)

​

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.

ACKNOWLEDGEMENT:

 

I/we have read this disclosure form and understand that the Affiliated Companies may refer me/us to purchase the above-described settlement service(s) from one another and that any such referrals may provide the referring company, its affiliates, and/or their employees with a financial or other benefit.