You will receive an email asking you to provide your online banking username and password. (No one but your bank will be able to see this information; it will be sent securely directly to your bank)
Once your bank sends statements to the lender, someone from Arnold Law Firm will call you to discuss the terms of your approval.
During this phone call, we will discuss total cost, fees, payments and terms. At this point there is still no commitment on your part and you will not be charged anything.
If you agree to the terms offered to you by an Arnold Law Firm representative, you will be asked to sign an Arc Agreement Sheet. Once you sign this, you will be responsible for paying the full amount of the loan and you will be authorizing the down payment to be directly withdrawn from your bank account the same day as well as authorizing all subsequent payments for the life of the loan to be directly withdrawn from your bank account.
Traditional financing option
Instructions for traditional financing application:
Check the four boxes. (If any of these are not true, check them anyways and consider having someone cosign with you on the application)
Once you check all four boxes, a “Continue to Application” button will appear. Click this button.
Next to ‘Referred By:’ be sure to type “Arnold Law”.
Complete the one page application.
When you are done click “Submit Application”
After you submit the application, multiple lenders will get a chance to review it. However, there will be ONLY ONE HARD REQUEST on your credit report which may allow your credit score to be better protected while you shop for financing.
You will be notified by email, often within 24 hours, with an instant approval, a denial, a request for collateral, a request for a co-borrower, or simply a request to verify information. You may receive offers from multiple banks in which case you would choose one offer only.
Follow the instructions in the email or emails that you receive.
The lender may want you to complete the process via phone or they may want a visit to a local branch.
Once you have completed the process with the lender of your choosing, they will automatically deposit the amount borrowed into your Trust account at Arnold Law.
If there are excess funds available at the conclusion of your case, Arnold Law will refund you the balance. If your case charges exceed the loan amount, you will be fully responsible for paying the balance due.
Disclaimer: Arnold Law has no financial interest in the above companies and makes no financial gains from participating in this program. We offer this service as a benefit and convenience to some clients. Arnold Law cannot advise you whether or not to accept a financing offer. Please consult a financial specialist if you have any questions or concerns about borrowing money. We do not foresee any conflict of interest in offering this benefit, however, we will require clients who participate in this financing program to sign a conflict of interest waiver.
Arnold Law represents clients along the Oregon Coast and throughout Western Oregon, including in Portland, Eugene, Springfield, Salem, Corvallis, Cottage Grove, Albany, Newport, Oregon City, Beaverton, Clackamas, Wilsonville, Tigard, Hillsboro, Lake Oswego, Coburg, Creswell, Florence, Junction City, Lowell, Veneta, Oakridge, Roseburg, Brownsville, Halsey, Harrisburg Klamath Falls, Medford, Ashland, Grants Pass, Glendale, and Bend, and in the following counties: Lane County, Multnomah County, Washington County, Clackamas County, Linn County, Douglas County, Marion County, Coos County, Lincoln County, Benton County, Deschutes County, Josephine County, Klamath County, and Jackson County.