The right to collect your mortgage loan payments may be transferred. Federal law give you certain rights. Read this statement and sign it only if you understand its contents.

Because you are applying for a mortgage loan covered by the Real Estate Protection Act (RESPA) (12 U.S.C. Section 2601 et seq.) you have certain rights under the Law. This statement tells you about those rights. It also tells you what the chances are that the servicing for this loan may be transferred to a different servicer. "Servicing" refers to collecting your principal, interest and escrow account payments. If your loan servicer changes, there are certain procedures that must be followed. This statement generally explains those procedures.

Transfer practices and requirements:
If the servicing of your loan is assigned, sold or transferred to a new servicer, you must be given written notice of that transfer. The present loan servicer must send you notice in writing of the assignment, sale or transfer of the servicing not less than 15 days before the date of transfer. The new loan servicer must also send you notice of prospective which may be provided to you at settlement (when title to your new property is transferred to you) to satisfy these requirements. The law allows a delay in the time (not to exceed 30 days after a transfer) for servicers to notify you under certain limited circumstances when your servicer is changed abruptly. This exception applies only if your servicer is fired for cause, is in bankruptcy proceedings, or is involved in a conservatorship or receivership initiated by a Federal agency.

Notices must contain certain information. They must contain the effective date of the transfer of the servicing of your loan to the new servicer, the name, address and toll-free or collect call telephone numbers of a person or department for both your present and your new servicer to answer your questions about the transfer of servicing. During the 60-day period following the effective date of the transfer of the loan servicing, a loan payment received by your old servicer before its due date may not be treated by the new loan servicer as late, and a late fee my not be imposed on you.

Damages and Costs:
Section 6 of RESPA also provides for damages and costs for individuals or classes of individuals in circumstances where servicers are shown to have violated the requirements of the Section.

Servicing Transfer Estimates by Original Lender:
1. The following is the best estimate of what will happen to the servicing of your mortgage loan:

     (X) The Equitable Mortgage Corporation does not service loans. The Equitable Mortgage Corporation intends to sell, assign, or transfer the servicing of your loan to another party. You will be notified at settlement regarding the servicer
     OR
     (   ) The Equitable Mortgage Corporation will be able to service this loan and presently intends to do so. However, that may change in the future

2. For all loans that we make in the 12 month period after your loan is funded, we must estimate that the chances that we will transfer the servicing of those loans is between:

______0-25%     ______26-50%     ______51-75%     ___X___76-100%

This is only our best estimate and is not binding. Business conditions or other circumstances may affect our future transferring decisions.

3. This is our record of transferring the servicing of the loans we have made in the past:

Year                   Percentage of loans transferred (Rounded to the nearest quartile - 0%, 25%, 50%, 75% or 100%)

2004   __X___   100%__X__
2003   __X___   100%__X__
2002   __X___   100%__X__
2001   __X___   100%__X__

The Equitable Mortgage Corporation was chartered on March 16, 1995 and licensed in the State of Ohio on April 30, 1995. The estimates in 2 and 3 above do not include transfers to affiliates or subsidiaries. If the servicing of your loan is transferred to an affiliate or subsidiary in the future, you will be notified in accordance with RESPA. The Equitable Mortgage Corporation shall not, within the next 12 months, take any action to personally, by telephone, by mail, or otherwise, directly solicit the refinancing or prepayment of the borrower's loan.

Acknowledgement of Mortgage Loan Applicant:
I/We have read this disclosure form and understand its contents as evidenced by my / our signature(s) below.

______________________________________________ Applicant		____________ Date
_______________________________________________ Applicant		____________ Date

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