Investor Account Form – Custodial

BEFORE YOU BEGIN - Gather & Prepare Information

What type of account do you want to open?*

Pension Plan, Profit Sharing, 401(k) Plan, or Irrevocable Life Insurance
UTMA or UGMA

REQUIRED DOCUMENTATION FOR IRREVOCABLE LIFE INSURANCE TRUST, PENSION PLAN, PROFIT SHARING PLAN, OR 401(k) PLAN ACCOUNTS

You will need to print, execute, and scan the documents before you proceed with the application process.

Plan/Trust Documents and/or Adoption Agreement must be provided and include the following:

Legal Plan/Trust Name and Effective Date
Name(s) of the Trustee(s), Insurer(s), Administrator(s) and/or Custodian
Power or authority to invest Plan/Trust Assets
Vesting requirements (if applicable) )
Submitted Plan/Trust Documentation must include the signature page of the Plan/Trust

Form SS-4 to verify Tax Identification Number matches Plan Name
W-9 Form for the Custodian
Copy of Valid Government Issued Identification for two (2) authorized signers of the Plan/Trust.
Additional signers can be added by completing an Interested Party Designation Form

REQUIRED DOCUMENTATION FOR UNIFORM TRANSFERS OF MINOR ACT (UTMA) or UNIFORM GIFTS TO MINORS ACT (UGMA) ACCOUNT

You will need to print, execute, and scan the documents before you proceed with the application process.

W-9 Form for the Minor (executed by the Guardian)

Copy of Social Security Card for Minor
Copy of Government Issued Identification for Guardian

If you have further questions reference the account checklist in STEP ONE of the previous page to see which forms are needed based on the account type. Anywhere you see a green asterisk (*) signifies a required field that must be completed.”

Where did you hear about Ignite Funding?*

Section 1: Type of Account

Account Type*

Section 2: For Pension Plan, Profit Sharing Plan and 401(k) Plan Accounts Only

[The Custodial Plan will be the responsible entity for IRS tax reporting purposes unless otherwise defined.]

Upload Entity Documents*

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

Irrevocable Life Insurance Trust, Pension Plan, Profit Sharing Plan, or 401(k) This would include plan/trust documents and/or Adoption Agreement including legal plan/trust name and effective date, name(s) of the Trustee (s), Insurer(s), Administrator(s) and/or Custodian, power or authority to invest plan/assets, vesting requirements (if applicable), and the signature page of the plan/trust. Supported formats include: pdf, jpg, jpeg, gif, png and tiff. MAX FILE SIZE IS 8MB

Custodial Plan Name*

CUSTODIAN INFORMATION (if applicable)

Name of Plan Custodian

Custodial Plan EIN

Upload SS-4 for showing Tax Identification Number*

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

Supported formats include: pdf, jpg, jpeg, gif, png and tiff. MAX FILE SIZE IS 8MB

Is the Custodian the taxable entity?

Yes
No

Form W-9

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

An electronic copy of Form W-9 (Department of the Treasury Internal Revenue Service) is required to be provided for tax purposes for the company. The only circumstance that is not required is if the company is a Sole Proprietorship and the Authorized Primary Person or Officer is the taxable person. Need to download a Form W-9? Click here.

Plan Custodian Address

Street Address City State Zip Code

Plan Custodian Phone

Plan Custodian E-mail Address

ADMINISTRATOR INFORMATION (if applicable)

Name of Plan Administrator

Plan Administrator Address

Street Address Address Line 2 City State Zip Code

Plan Administrator Phone

Plan Administrator E-mail Address

Section 3: Authorized Primary Account Owner Information

[Below is/are the authorized signer(s) to make investments on behalf of the Plan.]

To help the government fight the funding of terrorism and money laundering activities, Federal Law (Section 326 of the USA PATRIOT Act of 2001) requires all financial institutions to obtain, verify and record information that identifies each individual or institution who opens an account with Ignite Funding. When you open an account, we are required to obtain your name, address, date of birth, social security number or tax identification number and other information that will allow us to identify you. This information will be verified to ensure he identity of all persons opening an account. The information may be compared to information obtained through third party sources, as permitted by law. If we cannot verify this information, your account may not be opened, or it may be restricted and/or closed. Ignite Funding is not responsible for any losses or damages including, but not limited to, lost opportunities you, may incur.

Marital Status*

Single
Married

Authorized Primary Salutation*

Authorized Primary Plan Title (if applicable)

Example: Trustee, Manager, etc.

Authorized Primary First Name*

Authorized Primary Middle Name

Authorized Primary Last Name*

Authorized Primary Suffix

Authorized Primary DOB*

Authorized Primary SSN*

The SNN will only be used for verification purposes. For plan accounts without a custodian EIN identified the Authorized Primary Account Owner will be the taxable person and must provide an electronic copy of Form W-9 (Department of the Treasury IRS) for tax purposes.

Authorized Primary Address*

Street Address Address Line 2 City State Zip Code

Authorized Primary Phone Number*

The Authorized Primary Phone Number will be the phone number used for all telephone correspondence related to the investments.

Authorized Primary E-mail Address*

The Authorized Primary Email Address will be the email address used for all electronic correspondence related to the investments.

Authorized Primary Type of Government Issued ID*

Authorized Primary ID #*

Authorized Primary ID Exp. Date*

Upload your copy of a Government Issued ID*

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

An electronic copy of a Government Issued ID (Driver's License, State Issued Identification or Passport) is required to be provided for verification purposes.

Section 4: Authorized Secondary Account Owner

[Below is/are the authorized signer(s) to make investments on behalf of the Plan.]

Account will have a Secondary Account Owner assigned to it:

Yes, the account will have a Secondary Account Owner
No, the account will NOT have a Secondary Account Owner

Marital Status

Single
Married

Authorized Secondary Plan Title (if applicable)

Example: Trustee, Manager, etc.

Authorized Secondary Salutation

Authorized Secondary First Name

Authorized Secondary Middle Name

Authorized Secondary Last Name

Authorized Secondary Suffix

Authorized Secondary DOB

Authorized Secondary SSN

The SNN will only be used for verification purposes. For plan accounts without a custodian EIN identified the Authorized Primary Account Owner will be the taxable person and must provide an electronic copy of Form W-9 (Department of the Treasury IRS) for tax purposes.

Authorized Secondary Address

Street Address Address Line 2 City State Zip Code

Authorized Secondary Phone Number

The Authorized Secondary Phone Number will be the phone number used for all telephone correspondence related to the investments.

Authorized Secondary Email Address

The Authorized Secondary Email Address will be the email address used for all electronic correspondence related to the investments.

Authorized Secondary Type of Government Issued ID

Authorized Secondary Government ID #

Authorized Secondary ID Exp. Date

Upload your copy of a Government Issued ID

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

An electronic copy of a Government Issued ID (Driver's License, State Issued Identification or Passport) is required to be provided for verification purposes.

Section 5: For UTMA/UGMA Accounts Only

[The Minor will be the responsible person for IRS tax reporting purposes.]

MINOR INFORMATION

Minor First Name*

Minor Middle Name

Minor Last Name*

Minor DOB*

Minor SSN*

Upload a copy of the Minor's Social Security Card*

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

An electronic copy of the Minor's Social Security Card is required for verification purposes.

W-9 Form for the Minor (executed by the Guardian)*

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

An electronic copy of Form W-9 (Department of the Treasury Internal Revenue Service) is required to be provided for tax purposes. Need to download a Form W-9? Click here.

Minor Address*

Street Address City State Zip Code

GUARDIAN INFORMATION

Guardian First Name*

Guardian Middle Name

Guardian Last Name*

Guardian Address*

Street Address Address Line 2 City State Zip Code

Guardian Phone Number*

The Authorized Secondary Phone Number will be the phone number used for all telephone correspondence related to the investments.

Guardian Email Address*

The Guardian Email Address will be the email address used for all electronic correspondence related to the investments.

Guardian Type of Government Issued ID*

Guardian Government ID #*

Guardian ID Exp. Date*

Upload your copy of a Government Issued ID*

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

An electronic copy of a Government Issued ID (Driver's License, State Issued Identification or Passport) is required to be provided for verification purposes.

Section 6: Client Relationship Questions

Is the Authorized Primary or Guardian related to an employee at Ignite Funding?*

Yes
No

If yes, Name*

Relationship*

Is the Authorized Secondary related to an employee at Ignite Funding?

Yes
No

If yes, Name*

Relationship*

Section 7: Suitability Requirements

Pursuant to NRS 645B, investors must meet minimum financial requirements in order to invest in a mortgage loan. Before an investor may invest in any mortgage loan, the investor must verify that he meets one or more of the following financial requirements:

The investor's net worth is more than $250,000.00, excluding any equity in any real property used as the primary residence at the time of the investment; or
The investor's net income was more than $70,000.00 for each of the previous 2 tax years and there is a reasonable expectation of attaining or exceeding the same income for the current year.

The total investments in mortgage loans transacted by a mortgage broker or mortgage agent are not valued at more than 50% of the investor's net worth or net annual income.

Ignite Funding reserves the right to restrict from further investing or close an account upon final payoff at any time if Ignite Funding has reasonable cause to believe that a client no longer meets the financial suitability requirements set forth or capacity to make informed decisions about his/her investments.

By my/our initials below, I/we agree and acknowledge that I/we meet the minimum financial requirements in order to invest in a mortgage loan.

Authorized Primary or Guardian Initials*

Authorized Secondary Initials

Section 8: Disbursement Profile

All disbursements of monthly interest payments and/or loan pay down/payoffs will be automatically deposited into the bank account as defined by the instructions below. Ignite Funding highly recommends verifying that the bank account and routing number are accurate with your financial institution as Ignite Funding cannot be held responsible for inaccurate information being provided.

Select Bank Account Type*

Bank Name*

Bank Address*

Street Address City State Zip Code

Bank Account #*

Bank Routing #*

Section 9: Other Forms

If there are any files not previously addressed in this application that you would like associated with this account please upload them here or email them to info@ignitefunding.com. Examples would include a Limited Power of Attorney or an Interested Party Designation Form.

Other associated files - LPOA

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

Other associated files - Interested Party Designation

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

Other associated files - Interested Party ID

Accepted file types: pdf, jpg, jpeg, gif, png, tiff, Max. file size: 50 MB.

Section 10: Acknowledgement

Important Information About Procedures for Opening a New Account To help the government fight the funding of terrorism and money laundering activities, Federal law (Section 326 of the USA PATRIOT Act of 2001) requires all financial institutions to obtain, verify and record information that identifies each individual or institution who opens an account with Ignite Funding. When you open an account, we are required to obtain your name, address, date of birth, social security number or tax identification number and other information that will allow us to identify you. As appropriate, we may also request a copy of a government issued identification or other identifying documents. This information may be compared to information obtained through third-party sources, as permitted by law. If we cannot verify this information, your account may not be opened, or it may be restricted and/or closed.

Certification of Accuracy I hereby certify that the all of the information provided on this Application is true and correct and may be relied upon by Ignite Funding for any purposes related hereto. Further, I hereby indemnify Ignite Funding, their officers, directors, shareholders, agents, employees, attorneys, insurers, insured, successors, heirs, and assigns, and any parents, affiliates, and/or subsidiaries, for any loss, claims or damages, including legal fees which may be incurred as a result of any violations resulting from their reliance upon the information I have provided. I acknowledge that the information provided will be used to help the government fight the funding of terrorism and money laundering activities as federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. When I open an account I acknowledge that my name, address, government-issued identification number, date of birth and other information will allow Ignite Funding to identify me.

Non-Binding Arbitration and Class Action

I acknowledge my responsibility to read the Investment Overview and subsequent investment documentation disclosure for all investment selections prior to making an investment. I acknowledge that I have not received any financial, tax or legal advice from Ignite Funding and will seek the advice of my own financial, tax or legal professional.

This Agreement shall be deemed to have been made in the State of Nevada and shall be conjured and the rights and liabilities of the parties determined, in accordance with the laws of the State of Nevada.

I acknowledge that all controversies which may arise with Ignite Funding concerning this Agreement and/or the investments offered, whether entered into prior, on or subsequent to the date hereof, shall be determined by non-binding arbitration.. Any non-binding arbitration under this Agreement shall be conducted pursuant to the Federal Arbitration Act and the laws of the State of Nevada before the American Arbitration Association located in Clark County, Nevada.

No person shall bring a punitive or certified class action to arbitration, nor seek to enforce any pre-dispute non-binding arbitration agreement against any person who has initiated in court a punitive class action, or who is a member of a punitive class who has not opted out of the class with respect to any claims encompassed by the punitive class until: the class certification is denied; the class is decertified; or, the customer is excluded from the class by the court.

Electronic Signature The parties agree that the electronic signature of a party to this Agreement shall have the same legal validity and enforceability as a manually executed signature or use of a paper-based record keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act or any similar state law based on the Uniform Electronic Transaction Act, and the parties hereby waive any objection to the contrary. This electronic signature shall be effective to bind this Agreement. The parties agree that any electronically signed document (including this Agreement) shall be deemed (i) to be “written” or “in writing,” (ii) to have been signed and (iii) to constitute a record established and maintained in the ordinary course of business and an original written record when printed from electronic files. Such paper copies or “printouts,” if introduced in any judicial, arbitual, mediation or administrative proceeding, will be admissible as between the parties to the same extent and under the same conditions as other original business records created and maintained in documentary form. Neither party shall contest the admissibility of the true and accurate copies of electronically signed documents based on the best evidence rule or as not satisfying the business records exception to the hearsay rule. For purposes hereof, “electronic signature” means a manually signed signature that is then transmitted by electronic means; “transmitted by electronic means” means sent in the form of a facsimile or sent via the Internet as a “PDF” (portable document format) or other replicating image attached to an e-mail message; and “electronically signed document” means a document transmitted by electronic means and containing, or to which there is affixed, an electronic signature.

I acknowledge that I have read and understand the language of the Agreement above.

Primary Account Owner or Guardian Signature*

Date*

Secondary Account Owner Signature

Date