Lender Legal Terms and Conditions

Introduction 

This Lender Legal Terms and Conditions document (the “Agreement”) outlines the terms and conditions under which One Stop Financial Group, LLC (“Company”, “we”, “us”, or “our”), a licensed mortgage loan originator in Ohio, Texas, and Florida, will provide services to borrowers (“you” or “borrower”). By engaging our services, you agree to comply with and be bound by these terms.

Licensing

One Stop Financial Group, LLC is duly licensed to operate as a Mortgage Loan Originator in the states of Ohio, Texas, and Florida. Our Mortgage Loan Originator, Chris Ailes, is licensed under the applicable state laws and regulations.

Services Provided

We provide mortgage loan origination services, including but not limited to, the assessment of borrower eligibility, loan application processing, and coordination with lenders to secure mortgage financing.

Borrower Responsibilities

You agree to provide accurate and complete information during the loan application process. Any misrepresentation or omission of information may result in the denial of your loan application or the termination of this Agreement.

Fees and Charges

All fees and charges associated with our services will be disclosed to you in accordance with applicable state and federal laws. Fees may include, but are not limited to, origination fees, processing fees, and third-party service charges.

Confidentiality

We are committed to protecting your personal and financial information. All information provided by you during the loan process will be kept confidential and will only be shared with authorized parties as necessary to facilitate your loan transaction, in compliance with state and federal privacy laws.

Compliance with Laws

One Stop Financial Group, LLC operates in full compliance with all applicable state and federal laws, including the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), and the Fair Credit Reporting Act (FCRA). We adhere to the highest ethical standards and ensure that all loan transactions are conducted fairly and transparently.

Dispute Resolution

Any disputes arising from or relating to this Agreement shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall take place in the state in which the borrower resides, and the decision of the arbitrator shall be final and binding.

Limitation of Liability

In no event shall One Stop Financial Group, LLC, or its officers, directors, employees, or agents, be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with this Agreement or the services provided, even if we have been advised of the possibility of such damages.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the state in which the borrower resides, without regard to its conflict of law principles.

Amendments

We reserve the right to amend this Agreement at any time. Any amendments will be communicated to you in writing and will take effect immediately upon delivery.

Contact Information

If you have any questions or concerns regarding this Agreement or our services, please contact us at:

One Stop Financial Group, LLC 

Berkley, MI

[email protected]