Terms of Service

1. Acceptance of Terms

By creating an account on Let's Loan Connect ("the Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use the Platform. These Terms constitute a legally binding agreement between you and Let's Loan Connect.

2. Platform Description

Let's Loan Connect is a mortgage marketplace that connects homebuyers seeking mortgage financing with licensed loan originators. The Platform facilitates the exchange of financial information and loan offers. We are not a lender, mortgage broker, or financial advisor. We do not make lending decisions, set interest rates, or guarantee loan approval.

3. Eligibility

You must be at least 18 years old and a legal resident of the United States to use this Platform. By registering, you represent that you meet these requirements. Lender accounts must be associated with a licensed loan originator holding a valid NMLS ID.

4. Account Responsibilities

You are responsible for maintaining the confidentiality of your account credentials. You agree to provide accurate, current, and complete information during registration and in your profile. You must not share your account credentials with anyone else. You are responsible for all activity that occurs under your account.

5. Borrower Obligations

Borrowers agree to: provide truthful financial information including income, debts, and employment history; upload authentic, unaltered financial documents; understand that the Mortgage Readiness Score (MRS) is an internal score used for lender matching and is not a credit score; and acknowledge that accepting a lender's offer may result in the lender performing credit inquiries and standard underwriting procedures.

6. Lender Obligations

Lenders agree to: maintain a valid NMLS license throughout their use of the Platform; submit offers in good faith that they are prepared to honor under stated terms; comply with all applicable federal and state lending regulations including TILA, RESPA, and ECOA; not discriminate against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or any other protected class; and respect the confidentiality of borrower information accessed through the Platform.

7. Prohibited Conduct

Users must not: submit false, misleading, or fraudulent information; attempt to access other users' accounts or data; use automated tools to scrape or harvest data from the Platform; circumvent security measures or access controls; use the Platform for any unlawful purpose; or harass, threaten, or discriminate against other users.

8. Disclaimer of Warranties

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE. WE DO NOT GUARANTEE ANY SPECIFIC OUTCOMES, INCLUDING LOAN APPROVAL, INTEREST RATES, OR THE NUMBER OF OFFERS A BORROWER WILL RECEIVE.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, LET'S LOAN CONNECT SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM YOUR USE OF THE PLATFORM, INCLUDING BUT NOT LIMITED TO LOST PROFITS, DATA LOSS, OR LOAN DENIALS. OUR TOTAL LIABILITY SHALL NOT EXCEED THE AMOUNT YOU PAID TO USE THE PLATFORM IN THE 12 MONTHS PRECEDING THE CLAIM.

10. Intellectual Property

All content, design, logos, and technology on the Platform are owned by Let's Loan Connect and are protected by intellectual property laws. The Mortgage Readiness Score algorithm and methodology are proprietary. You may not copy, modify, or distribute any Platform content without our written permission.

11. Account Termination

We may suspend or terminate your account if you violate these Terms, provide fraudulent information, or engage in prohibited conduct. You may close your account at any time by contacting us. Upon termination, your right to use the Platform ceases immediately. Data retention after termination is governed by our Privacy Policy.

12. Dispute Resolution

Any disputes arising from these Terms or your use of the Platform shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. You agree to waive your right to participate in a class action lawsuit or class-wide arbitration.

13. Modifications to Terms

We may update these Terms from time to time. Material changes will be communicated via email and/or a prominent notice on the Platform at least 30 days before they take effect. Continued use of the Platform after changes constitutes acceptance of the updated Terms. The version number and effective date at the top of this page will always reflect the current version.

14. Governing Law

These Terms are governed by the laws of the United States and the state in which Let's Loan Connect is incorporated, without regard to conflict of law provisions.

15. Contact Us

If you have questions about these Terms, contact us at:

Email: legal@letsloanconnect.com
Let's Loan Connect, Attn: Legal Team