Texas Mortgage Home Loans Terms of Service
Effective June 4, 2025 | Last Updated: June 4, 2025
Acceptance of Terms
By accessing our website at texasmortgagehomeloans.com, submitting a loan application, or engaging our mortgage brokerage services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service. These terms constitute a legally binding agreement between you and Texas Mortgage Home Loans, a licensed mortgage broker serving the state of Texas.
If you do not agree with any part of these terms, you should not use our website or services. Your continued use of our services following any modifications to these terms constitutes your acceptance of the revised terms. We recommend that you review these terms periodically to stay informed of any updates or changes.
Services Provided
Texas Mortgage Home Loans operates as a licensed mortgage broker with 25 years of experience serving clients throughout the state of Texas. Our services include mortgage brokerage for primary residences, second homes, and investment properties, loan product consultation and comparison, assistance with loan applications and documentation, coordination with lenders and other service providers, and ongoing support throughout the loan process.
- Broker Relationship
It is important to understand that we act as a mortgage broker, not a direct lender. This means we work on your behalf to find suitable loan products from our network of approved lenders. We do not make lending decisions, set interest rates, or guarantee loan approval. Our role is to present your loan application to the appropriate lenders and help facilitate the loan process. The final lending decision, including loan terms and conditions, rests with the chosen lender.
- Service Limitations
While we strive to provide comprehensive mortgage brokerage services, we cannot guarantee that we will be able to secure financing for every applicant. Loan approval depends on numerous factors, including your creditworthiness, income, assets, debt-to-income ratio, property characteristics, and current market conditions. We will make our best efforts to find suitable loan options, but success cannot be guaranteed.
Client Responsibilities and Obligations
As our client, you have certain responsibilities and obligations that are essential for a successful loan transaction. Your cooperation and compliance with these requirements are necessary for us to provide effective service and for lenders to properly evaluate your loan application.
- Accurate Information
You are required to provide complete, accurate, and truthful information in all loan applications and supporting documentation. This includes financial information, employment details, asset documentation, and any other information requested during the loan process. Providing false or misleading information can result in loan denial, legal consequences, and termination of our services.
- Timely Response and Documentation
You agree to respond promptly to requests for additional information or documentation from us or from lenders. Delays in providing required documentation can result in rate lock expirations, loan approval delays, or transaction cancellations. You are responsible for obtaining and providing all necessary documentation, including tax returns, pay stubs, bank statements, and other financial records as requested.
- Property Requirements
You are responsible for ensuring that the property you are purchasing or refinancing meets all lender requirements, including property condition, appraisal value, and insurability. You must obtain adequate property insurance and provide proof of coverage as required by the lender. Any property-related issues that affect loan approval are your responsibility to resolve.
Fee and Compensation
Our compensation structure is designed to be transparent and fair. We may receive compensation through various sources as permitted by applicable laws and regulations. Understanding our compensation helps you make informed decisions about our services.
- Broker Compensation
We may receive compensation from lenders in the form of yield spread premiums or other lender-paid compensation when you close a loan. This compensation is typically built into the loan terms and does not require additional payment from you. We may also charge borrower-paid fees for our services, which will be clearly disclosed in your loan estimate and closing documents.
- Fee Disclosure
All fees and compensation will be disclosed to you in accordance with federal and state disclosure requirements. You will receive detailed information about all costs associated with your loan, including our compensation, before you commit to any loan terms. There are no hidden fees, and you have the right to understand all aspects of the loan transaction cost structure.
- Important Legal Notice
Texas Mortgage Home Loans is licensed as a mortgage broker in the state of Texas under The Texas Mortgage Pros, LLC, NMLS #2665861. We operate under applicable federal and state laws and regulations governing mortgage brokerage activities. All loan transactions are subject to applicable lending laws, regulations, and lender requirements.
Limitations of Liability
While we strive to provide professional and accurate service, there are certain limitations to our liability that you should understand. These limitations are standard in the mortgage brokerage industry and help ensure that we can continue to provide services at reasonable costs.
We are not liable for lender decisions regarding loan approval, denial, or terms. We cannot control interest rate changes, market conditions, or lender policy changes that may affect your loan. We are not responsible for delays caused by third parties, including lenders, appraisers, title companies, or other service providers. Our liability is limited to the amount of compensation we receive for your specific transaction.
We are not liable for consequential damages, including lost opportunity costs, additional housing expenses, or other indirect damages that may result from loan delays or denials. However, these limitations do not apply to damages resulting from our gross negligence, willful misconduct, or violations of applicable laws.
Privacy and Confidentiality
We are committed to protecting your personal and financial information in accordance with our Privacy Policy and applicable privacy laws. Your information will be used only for legitimate business purposes related to your loan transaction and will not be shared except as necessary to complete your transaction or as required by law.
You acknowledge that mortgage transactions require the sharing of your personal and financial information with lenders, service providers, and other parties involved in the transaction. By engaging our services, you consent to such sharing as necessary to complete your loan transaction. All parties who receive your information are required to maintain its confidentiality and use it only for authorized purposes.
Website Terms and Electronic Communications
Our website provides information about our services and may include tools for submitting loan applications or other information. By using our website, you agree to use it only for lawful purposes and in accordance with these terms.
Information on our website is for general informational purposes and should not be considered legal, financial, or tax advice. Loan terms, interest rates, and program availability are subject to change without notice. You should always consult with qualified professionals regarding your specific financial situation.
You consent to receive communications from us electronically, including emails, text messages, and other electronic communications related to your loan transaction. Electronic communications have the same legal effect as written communications. You can opt out of non-essential electronic communications at any time.
- Fair Lending Notice
Equal Housing Opportunity: We are committed to fair lending practices and compliance with all applicable fair housing and equal credit opportunity laws. We do not discriminate based on race, color, religion, national origin, sex, marital status, age, disability, or other protected characteristics. If you believe you have experienced discrimination, you may file a complaint with appropriate regulatory authorities.
Dispute Resolution
We are committed to resolving any disputes or concerns you may have in a fair and timely manner. If you have any issues with our services, we encourage you to contact us directly so we can work together to find a satisfactory resolution.
Any disputes that cannot be resolved through direct communication may be subject to mediation or arbitration as provided by applicable laws. Legal disputes will be governed by Texas state law and resolved in the appropriate courts within the state of Texas. You retain all rights provided by applicable consumer protection laws.
Termination of Services
Either party may terminate our service relationship at any time with appropriate notice. You may terminate our services by providing written notice, though you remain responsible for any fees owed for services already provided. We may terminate our services if you fail to provide required documentation, provide false information, or otherwise fail to comply with these terms.
Termination of services does not relieve either party of obligations that arose before termination. Any loan applications that have been submitted to lenders remain subject to the lenders’ processes and requirements even after termination of our services.
Changes to Terms
We may modify these Terms of Service from time to time to reflect changes in our business practices, legal requirements, or other factors. When we make material changes, we will notify you by posting the updated terms on our website and, if you are a current client, by sending notice via email or other communication methods.
Your continued use of our services after any changes to these terms constitutes your acceptance of the revised terms. If you do not agree with modified terms, you should discontinue use of our services and notify us of your objection.
Contact Information
If you have questions about these Terms of Service, need clarification about any provisions, or wish to discuss any concerns, please contact us at (713) 999-6151. We are committed to maintaining clear communication with our clients and will address any questions or concerns promptly and professionally.
Our experienced team is available during regular business hours to discuss these terms or any other aspects of our mortgage brokerage services. We believe that a clear understanding of our service relationship contributes to successful loan transactions and positive client experiences.