Consent to Electronic Communications and Signatures

DR Bank (“Lender”) is required by law to provide you certain information in writing. We will provide that information directly or through loan origination and servicing agents, including Monogram LLC. We may provide this information to you electronically, instead of in a paper copy, with your prior consent. We also need your consent to use electronic signatures. Described below are the terms and conditions for us to provide you with electronic communications and use electronic signatures. Please read this Consent carefully.

In this Consent:

  • “We,” “us,” “our” and “Lender” means DR Bank, its loan origination or servicing agents, including Monogram LLC, any subsequent assignees or holders of your loan and any subsidiaries and affiliates of any of the
  • “You” and “your” means the person giving this consent, and also any co‐signer, authorized signer, or authorized representative.
  • “Electronic Communications” means each disclosure, notice, agreement, fee schedule, statement, record, document, and other information we provide to you, or that you sign or submit or agree to at our request, including any notices or disclosures required by applicable law or regulation, sent by us to you electronically.
  • The words “include” and “including,” when used at the beginning of a list of one or more items, indicate that the list contains examples – the list is not exclusive or exhaustive, and the items in the list are only illustrative. They are not the only possible items that could appear in the list.

1. Consent to Electronic Communications

By entering the code at the end of this Consent on our website, you specifically agree to receive and/or obtain Electronic Communications. This includes Electronic Communications related to your account from Lender or third party servicers. You specifically consent to receive electronic mail (email) and online communications and disclosures regarding your loan instead of receiving them by regular U.S. mail. Except as noted below or otherwise at our discretion communications will not be furnished on paper. Your consent will apply to all information we send to you, or disclose or communicate to you online, relating to your loan, including notices regarding your application and your credit agreement, and any disclosures that are required by law to be in writing, including, without limitation, Truth In Lending Act disclosures and tax forms. We may deliver a disclosure or notice to you by posting it to your online account, including adverse action notices in the event your application is declined, and may, at our discretion, chose to send you an email notification of the posting as a courtesy. Your consent remains in effect until you give us notice that you are withdrawing it.

2. Paper Version of Electronic Communications

You may request a paper version of an Electronic Communication. You acknowledge that we reserve the right to charge you a reasonable fee for the production and mailing of paper versions of Electronic Communications, unless charging a fee is prohibited by applicable law. To request a paper copy of an Electronic Communication, please call us at 1‐855‐444‐4645. Please note that a request for a paper version of one or more Electronic Communications will not by itself constitute a withdrawal of consent to receive Electronic Communications.

3. Revocation of Consent to Electronic Communications

You have the right to withdraw your consent to receive Electronic Communications at any time by calling us at 1‐855‐444‐4645. Your withdrawal of consent will become effective after we have had a reasonable opportunity to act upon it. Please note that withdrawing your consent to receive Electronic Communications may slow the speed at which we can complete certain steps in the loan application process.

4. Valid and Current Email Address, Notification and Updates

You agree to promptly notify us of any change in your telephone number, mailing address, or email address. You may modify your telephone number, mailing address, or email address by calling us at 1‐ 855‐444‐4645.

5. Electronic Signature Consent and Agreement

By entering the code at the end of this Consent on our website, you acknowledge that you have read, understand and agree to the following:

  • You are voluntarily choosing to sign your loan documents, including your credit agreement, electronically;
  • You understand that the documents we present electronically will replace the use of paper documents;
  • You understand and agree that your electronic signature will bind you to the terms and conditions to the same extent as if you signed your loan documents on paper with an ink signature;
  • You understand and agree that no certification authority or other third party verification is necessary to validate your electronic signature and that the lack of such certification or third party verification will not in any way affect the enforceability of your electronic signature or any resulting contract between you and us; and
  • You understand that you have the right to withhold your consent to the use of electronic signatures, and that you have the right to withdraw your consent at any time prior to completing the e‐sign process.

6. Hardware, Software and Operating System Requirements

You must be able to view, print, and retain information presented on‐screen in order to receive Electronic Communications. By entering the code at the end of this Consent on our website, you confirm that you are able to view Hyper Text Markup Language (HTML) files and read Adobe PDF files, and that you are able to print and save HTML and Adobe PDF files. If you are not able to do this, please make sure that you have Adobe Acrobat Reader installed on your computer. It can be downloaded for free at https://www.adobe.com/.

You also confirm that you have access to a Current Version of an Internet browser that we support: Google Chrome, Microsoft Internet Explorer, Microsoft Edge, Mozilla Firefox and Safari. “Current Version” means a version of the software that is currently being supported by its publisher.

7. Changes to Hardware and Software Requirements

If our hardware or software requirements change, and that change would create a material risk that you would not be able to access or retain your Electronic Communications, we will give you notice of the revised hardware or software requirements.

8. By Accepting This Consent and Entering the Code Below On Our Website, You Confirm That:

  • You have the necessary hardware and software described above;
  • You can access and read this Consent to Electronic Communications and Signatures;
  • You have an active email account;
  • You can print this disclosure on paper, or save the disclosure to a place where you can print it, for future reference and access;
  • You consent to use and sign electronically an electronic version of any loan documents; and
  • You agree to the terms and conditions of this Consent

Use This Access Code to Consent to Electronic Communications:

It is recommended that you print or save a copy of this Consent for future reference.