Section 6: Acknowledgements and Agreements asks the borrower to acknowledge and agree toa number of terms and conditions related to the loan, including:
The borrower's understanding of the loan process and their responsibility to provide accurate and complete information;
The lender's right to obtain a credit report and other information about the borrower;
The lender's right to deny the loan for any reason;
The borrower's obligation to repay the loan in full, plus interest and fees;
The borrower's right to a copy of the loan agreement.
By signing Section 6, the borrower is agreeing toall of the terms and conditions of the loan.