LEGAL AND COMPLIANCE | Texline Mortgage

COMPLIANCE AND LEGAL DISCLOSURES

Texline Mortgage LLC | NMLS ID #2783963

Eliza Lott

Owner/Broker

Residential Mortgage Loan Officer

NMLS ID 767744

817-247-5202

Texline Mortgage LLC is a licensed mortgage broker in the State of Texas. We do not make credit decisions, underwrite loans, or fund mortgage loans. All mortgage loans are originated through, underwritten by, and funded by third-party lenders.All loan programs, products, and services are subject to credit approval, underwriting guidelines, and property approval. Not all applicants will qualify. Loan terms, interest rates, fees, and availability are subject to change without notice. No guarantees of loan approval, interest rates, or loan terms are made. Texline Mortgage LLC operates in compliance with all applicable federal and Texas state mortgage lending laws, including the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Equal Credit Opportunity Act (ECOA), SAFE Act, and the Fair Housing Act. We conduct business without regard to race, color, religion, national origin, sex, marital status, age, receipt of public assistance, or the exercise of rights under applicable law. Equal Housing Lender | Equal Housing Opportunity

Texas Consumer Complaint Notice

Consumers wishing to file a complaint against a company or a residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at Texas Notice / Complaints. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed mortgage loan originators.

Our Commitment to Mortgage Compliance & Consumer Protection

Buying or refinancing a home can feel overwhelming, especially when unfamiliar terms and regulations are involved. The laws below exist to protect borrowers, promote transparency, and ensure fairness throughout the mortgage process. We believe informed borrowers make stronger decisions, and compliance plays a key role in that trust.

The Truth in Lending Act (TILA) — Understanding the True Cost of a Loan

The Truth in Lending Act (TILA) helps borrowers clearly understand how much a loan actually costs. It requires lenders to present loan details—such as interest rates, fees, and payment terms—in a consistent format so borrowers can compare options more easily.In simple terms, TILA is designed to prevent surprises. It ensures that key loan information is disclosed upfront, giving borrowers the opportunity to review important details before committing to a mortgage.

The Real Estate Settlement Procedures Act (RESPA) — Knowing What You’re Paying For

The Real Estate Settlement Procedures Act (RESPA) focuses on transparency during the mortgage closing process. It helps borrowers understand the fees, services, and costs involved when a loan is finalized. RESPA also prohibits certain practices—such as undisclosed referral fees—that could unfairly increase the cost of a mortgage. This law exists to ensure borrowers know what they are paying for and why, both before and at closing.

The Equal Credit Opportunity Act (ECOA) — Fair Access to Credit

The Equal Credit Opportunity Act (ECOA) ensures that borrowers are evaluated fairly when applying for credit. Decisions must be based on financial qualifications—not personal characteristics.This law protects consumers from discrimination and provides the right to receive an explanation if a credit application is denied. ECOA supports consistent, objective credit decision-making across the mortgage industry.

The SAFE Act & NMLS Licensing — Accountability & Professional Standards

The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) establishes national standards for mortgage professionals. It requires licensing, background checks, and ongoing education for those involved in mortgage origination.The SAFE Act also created the Nationwide Multi-state Licensing System (NMLS), which allows consumers to verify the licensing status and credentials of mortgage companies and professionals. This system promotes accountability and transparency within the industry.

The Fair Housing Act — Equal Opportunity in Housing

The Fair Housing Act protects individuals from discrimination in housing-related activities, including mortgage lending. It ensures that people are treated fairly and have equal access to housing opportunities.This law reinforces the principle that housing and financing decisions must be based on objective criteria—not personal characteristics—and plays a critical role in promoting fairness and inclusion throughout the home-ownership process.

How Compliance Supports You Throughout the Mortgage Process

1. Early Conversations & Prequalification

ECOA and the SAFE Act ensure fair treatment and licensed professionals from the start.

2. Exploring Loan Options

TILA supports clear explanations of loan terms and costs so borrowers can compare options.

3. Application & Review

ECOA helps ensure decisions are based on financial qualifications, not personal factors.

4. Closing Preparation

RESPA governs disclosures and settlement practices so fees and services are transparent.

5. Final Loan Documents & Closing

TILA and RESPA ensure borrowers receive required disclosures before signing.

6. After Closing

Consumer protection laws continue to apply to servicing and account management.