fbpx

Sonic Realty

Uncategorized

Eco-Friendly Home Improvements Financing: A Guide for Sustainable Living

Eco-Friendly Home Improvements Financing: A Guide for Sustainable Living

As environmental awareness grows, more homeowners are embracing eco-friendly home improvements to reduce their carbon footprint, save on utility bills, and create healthier living environments. While beneficial in the long term, these upgrades often come with higher upfront costs. Fortunately, various financing options are available to make green home renovations more accessible. This article explores […]

Eco-Friendly Home Improvements Financing: A Guide for Sustainable Living Read More Ā»

Foundation Issues: Warning Signs and Solutions

Foundation Issues: Warning Signs and Solutions

The foundation of any building is its most critical component. It provides structural integrity and ensures the safety and longevity of the structure. However, foundations can develop problems over time due to natural wear and tear, environmental factors, or construction flaws. Recognizing the early warning signs of foundation issues and knowing how to address them

Foundation Issues: Warning Signs and Solutions Read More Ā»

Commercial Real Estate Investment Basics & Home Maintenance Guide

Commercial Real Estate Investment Basics & Home Maintenance Guide

Real estate remains one of the most dependable paths to building long-term wealth through residential properties or larger commercial investments. While homeownership comes with the ongoing task of maintenance, commercial real estate (CRE) introduces investors to opportunities for scaling returns and diversifying portfolios. This article explores the fundamentals of commercial real estate investment. It underscores

Commercial Real Estate Investment Basics & Home Maintenance Guide Read More Ā»

Seasonal Home Maintenance Checklist: A Guide to Year-Round Home Care

Seasonal Home Maintenance Checklist: A Guide to Year-Round Home Care

Owning a home is one of life’s most significant investments, and maintaining it properly ensures comfort, safety, and long-term value. Each season brings maintenance tasks, and staying on top helps prevent costly repairs and keeps your home looking great and functioning smoothly. This seasonal home maintenance checklist will guide you through the essentials for each

Seasonal Home Maintenance Checklist: A Guide to Year-Round Home Care Read More Ā»

Real Estate Investment Trusts (REITs): A Beginner’s Guide

Suppose you’ve ever dreamed of investing in real estate but felt overwhelmed by the idea of buying, managing, or maintaining property. In that case, Real Estate Investment Trusts (REITs) may be your perfect entry point. REITs allow investors to tap into the real estate market without the high capital requirements or hands-on property management. This

Real Estate Investment Trusts (REITs): A Beginner’s Guide Read More Ā»

House Hacking: A Strategy for First-Time Investors

House Hacking: A Strategy for First-Time Investors

  In today’s volatile real estate market, aspiring investors constantly search for innovative, low-risk ways to break into the industry. One increasingly popular method that’s gained traction among millennials, Gen Z, and financially savvy individuals is house hacking. This strategy offers a practical entry point for first-time investors by blending homeownership with real estate investment,

House Hacking: A Strategy for First-Time Investors Read More Ā»

Understanding Cap Rates for Investment Properties

Understanding Cap Rates for Investment Properties

One of the most commonly used metrics to evaluate the profitability of an investment property is the capitalization rate, more widely known as the cap rate. Whether you’re a seasoned investor or a newcomer exploring real estate opportunities, understanding cap rates is crucial to making informed decisions. This article breaks down cap rates, how they’re

Understanding Cap Rates for Investment Properties Read More Ā»

Scroll to Top
Affiliated Business Arrangement Disclosure Statement
This is to give you notice that Sonic Loans Inc., Sonic Title Agency LLC, and Sonic Realty LLC have a business relationship. The nature of the relationship between the Referring Party and the provider(s), including percentage of ownership interest, if applicable, is: Sonic Loans Inc., Sonic Title Agency LLC, and Sonic Realty LLC are all 100% owned by the same party. Because of this relationship, this referral may provide any of the above parties with financial orĀ otherĀ benefit.
A. 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(s) as a condition for settlement of your loan on, or purchase, sale, or refinance of, the subject 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 FORĀ THESEĀ SERVICES.
Provider and Settlement Service Charge or Range of Charges
Sonic Realty LLC 1%-6% of purchase price
Sonic Title Agency, LLC Title Insurance Policy: $950 - $1706 on a $250,000 property. (Rates vary and are dependent on the state, selling price, and loan amount on the property.)
Title Search Fee: $250 - $325 (where applicable)
Closing Fee: $450 - $650
Sonic Loans Inc.

This company provides various real estate mortgage loan origination activities either as a third-party originator or a mortgage broker, including loan pre-qualification, competitive bid process (when providing third-party origination services), loan origination, loan pre-approval, loan structuring, processing, and closing.

Loan Origination Charge: 0-3 % of loan amount (may include 3rd party fees)
Loan Discount Fee/points: 0.5%-6% of loan amount.
Application/Processing Fee: $0.00 - $875.00
Flood and tax service: $0.00 - $95.00
Underwriting Fee: $0.00 - $1295.00
Document Review Fee: $0.00 - $400.00
Appraisal Fee: $0.00 - $850.00
Credit Report Fee: $0.00 - $135.00

Actual charges may vary according to the particular lender selected, the particular services provided, and the underlying transaction, borrower selections, etc. Some or all of these fees may be charged by third parties and/or the Member Mortgage Lender/Mortgage Broker. The Member Lenders and Mortgage Brokers have agreed to pay a fee ranging from 0.5% to 2.75% of the loan amount to Sonic Loans in connection with a range of loan origination services provided by Sonic Loans to the Member Lender/Mortgage Broker. The fees are paid either directly to Sonic Loans by the Member Lender/Mortgage Broker or billed directly to you at closing.
B. Set forth below is the estimated charge or range of charges for the settlement services of an attorney, credit reportingagency, or real estate appraiser that we, as your lender, will require you to use, as a condition of your loan on this property, to represent our interests in the transaction.
Sonic Loans Inc. provides mortgage lender/broker services. Sonic Realty LLC provides real estate brokerage services. Sonic Title Agency LLC provides title insurance and settlement services.

Provider and Settlement Service Charge or Range of Charges
Appraisal Fee $0-$800
Credit Report Fee $63-$125
Ā Actual charges may vary depending on the lender and loan program selected which can be found on your loan estimate.
ACKNOWLEDGMENT
I/we have read this disclosure form and understand that Sonic Loans Inc., Sonic Realty, LLC, or Sonic Title Agency LLC are referring me/us to purchase the above-described settlement service(s) and may receive a financial or other benefit as the result ofĀ thisĀ referral.