The reduced rate will not be reflected until the end of the process. You will receive a notification stating that you are eligible for the .25% once we verify your BankMobile or Customers Bank account. Then, we will apply your rate discount once we approve the loan.
This means, you'll see your discount rate when we show you the final terms of the loan and the final rate before you agree to accept the loan. These will be reflected on both your final truth in lending statement and on your promissory note.
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