Disclosures

AXS Mortgage is a licensed mortgage company operating in the State of Texas.

NMLS ID: 2064422

AXS Mortgage is licensed and regulated by the Texas Department of Savings and Mortgage Lending (SML). For information about the SML, including consumer complaints, visit www.sml.texas.gov or call (877) 276-5550.

To verify our licensing status or file a complaint, you may also contact the Nationwide Multistate Licensing System & Registry (NMLS) Consumer Access portal at www.nmlsconsumeraccess.org.

Interest rates and annual percentage rates (APRs) advertised or quoted are subject to change without notice. Rates displayed on this website are for informational purposes only and do not constitute a loan commitment or guarantee of any specific rate.

The APR is based on the interest rate, discount points, and certain fees associated with the loan. Your actual interest rate, APR, monthly payment, and loan terms will depend on your credit profile, loan-to-value ratio, loan amount, property type, occupancy, and other factors determined at the time of underwriting.

All rates, terms, and availability of programs are subject to change at any time without notice. Not all applicants will qualify for all programs.

Example (for illustration only): A $300,000 30-year fixed-rate mortgage at 7.00% (7.12% APR) would have an estimated monthly payment of $1,996 (principal and interest only). This example does not include taxes, insurance, or mortgage insurance premiums, which will increase the actual monthly payment. Your rate and terms may differ.

All loan applications are subject to credit approval, income verification, satisfactory appraisal, title review, and underwriting guidelines established by the lender or investor. Submitting a loan application does not guarantee loan approval.

Mortgage loans are subject to property eligibility requirements. Not all properties will qualify for all loan programs.

Borrowers are responsible for all closing costs, prepaid items, and fees associated with their mortgage transaction unless otherwise specified in writing by AXS Mortgage.

Loan pre-qualification and pre-approval letters are not a commitment to lend and are subject to change based on updated financial information, appraisal results, and final underwriting review.

FHA loans are insured by the Federal Housing Administration (FHA), a division of the U.S. Department of Housing and Urban Development (HUD). FHA mortgage insurance premiums (MIP) are required for all FHA loans and include an upfront mortgage insurance premium (UFMIP) and an annual MIP paid monthly.

FHA loan limits vary by county. Borrowers must meet minimum credit, income, and down payment requirements established by FHA guidelines. FHA loans are available for primary residences only. For current FHA loan limits and guidelines, visit www.hud.gov.

Conventional loans are not insured or guaranteed by the federal government. Loans that conform to guidelines established by Fannie Mae or Freddie Mac are referred to as conforming loans. Conforming loan limits are set annually and vary by county.

Private mortgage insurance (PMI) is typically required on conventional loans where the borrower's down payment is less than 20% of the purchase price. PMI rates vary based on loan-to-value ratio and borrower credit profile.

Home equity loans and home equity lines of credit (HELOCs) are secured by your home. Your home is collateral. If you fail to make required payments, you could lose your home.

Under Texas law, home equity loans are subject to specific requirements under the Texas Constitution, Article XVI, Section 50(a)(6). Key provisions include:

• The total amount of all debt secured by your homestead cannot exceed 80% of the fair market value of your homestead at the time the loan is made.
• You have three (3) business days after closing to rescind the loan without penalty.
• Only one home equity loan may be outstanding at a time on your homestead.
• You may only obtain one home equity loan per 12-month period.
• All fees and costs related to a Texas home equity loan cannot exceed 2% of the original principal amount of the loan.

HELOC rates are variable and based on an index (such as the Prime Rate) plus a margin. Your rate may increase after consummation.

AXS Mortgage complies with the Real Estate Settlement Procedures Act (RESPA) and its implementing regulations, including requirements related to disclosures, affiliated business arrangements, and prohibitions on kickbacks and referral fees.

For questions about your rights as a mortgage borrower or to file a complaint about a mortgage company, you may contact the Consumer Financial Protection Bureau (CFPB) at www.consumerfinance.gov or call (855) 411-2372.