Terms of Service

Agreement to Terms

By accessing or using the Preferred Homes Corp website and services ("Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our Services.

Services Provided

Preferred Homes Corp provides the following services:

• Mortgage loan origination and consultation
• Home financing solutions for purchase and refinance
• Pre-qualification and pre-approval services
• Loan program guidance and recommendations
• Market analysis and rate information
• Property financing consulting for residential real estate

Licensing and Regulatory Information

Mortgage Lending: Preferred Homes Corp operates under NMLS #2269352. All mortgage activities are subject to federal and state regulations including RESPA (Real Estate Settlement Procedures Act), TILA (Truth in Lending Act), and Florida state licensing requirements.

Equal Housing Opportunity: We comply with all federal, state, and local fair housing laws and do not discriminate based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity.

User Obligations

When using our Services, you agree to:

• Provide accurate and truthful information
• Update your information as necessary to maintain accuracy
• Not misrepresent your financial situation or eligibility
• Comply with all applicable laws and regulations
• Not use the Services for fraudulent or illegal purposes
• Maintain the confidentiality of your account credentials
• Not interfere with the proper functioning of the website

Consultation and Referral Services

By submitting a consultation request, you authorize us to:

• Contact you regarding mortgage financing options
• Share your contact information with qualified lenders and service providers when necessary
• Provide loan program guidance and recommendations
• Retain your information for communication and record-keeping purposes in accordance with our Privacy Policy

Important: Any credit checks, financial verifications, or loan applications are conducted in accordance with federal and state regulations. We adhere to all RESPA and TILA disclosure requirements.

Property Information and Market Data

Property information and market data displayed on our website are obtained from various sources. While we strive for accuracy:

• Property information may be subject to errors or omissions
• Market data is for informational purposes only
• Interest rates and loan terms are subject to change without notice
• Always conduct due diligence before making financial decisions

No Guarantee of Approval or Results

We make no guarantees regarding:

• Mortgage loan approval or specific loan terms
• Specific interest rates or loan programs
• Property value appreciation or investment returns
• Tax benefits or deductions related to real estate or mortgages

All financial and real estate decisions should be made in consultation with qualified professionals, including attorneys, accountants, and financial advisors.

Fees and Compensation

Mortgage Fees

Mortgage loan origination may include fees such as application fees, origination fees, and third-party costs. All fees will be disclosed in accordance with RESPA requirements through the Loan Estimate and Closing Disclosure documents.

Consultation Services

Initial consultations are typically provided at no charge. Any fee-based consulting services will be agreed upon in advance with clear disclosure of all costs.

Intellectual Property

All content on this website, including text, graphics, logos, images, and software, is the property of Preferred Homes Corp or its licensors and is protected by copyright, trademark, and other intellectual property laws.

You may not reproduce, distribute, modify, or create derivative works without express written permission.

Third-Party Links and Services

Our website may contain links to third-party websites, lenders, service providers, and vendors. We are not responsible for:

• The content or practices of third-party websites
• The accuracy of third-party information
• The performance of third-party services
• Disputes arising from third-party transactions

Disclaimer of Warranties

Our services are provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to:

• Warranties of merchantability or fitness for a particular purpose
• Warranties of accuracy, reliability, or completeness of information
• Warranties of uninterrupted or error-free service
• Warranties regarding loan approval or specific terms

Limitation of Liability

To the maximum extent permitted by law, Preferred Homes Corp shall not be liable for:

• Indirect, incidental, special, or consequential damages
• Lost profits, revenue, or business opportunities
• Damages arising from reliance on property information or financial advice
• Damages resulting from unauthorized access to your information
• Damages from third-party services or lender decisions

Our total liability shall not exceed the amount of fees paid to us for services rendered.

Indemnification

You agree to indemnify and hold harmless Preferred Homes Corp, its affiliates, and employees from any claims, damages, losses, or expenses (including attorney fees) arising from:

• Your violation of these Terms
• Your violation of any applicable laws or regulations
• Inaccurate or fraudulent information you provide
• Your real estate or mortgage transactions

SMS Communications

We may offer SMS notifications for loan updates, document requests, and promotional offers. Opting in to receive SMS messages is completely optional and not a condition of service.

For detailed information about our SMS program, including opt-in procedures, message frequency, opt-out options, and 10DLC compliance, please review our SMS Policy & 10DLC Compliance page.

Privacy and Data Protection

Your use of our Services is also governed by our Privacy Policy, which is incorporated by reference into these Terms. Please review our Privacy Policy to understand our data collection and use practices.

Dispute Resolution and Arbitration

Any disputes arising from these Terms or our Services shall be resolved through binding arbitration in accordance with the American Arbitration Association rules, except where prohibited by law.

Governing Law: These Terms shall be governed by the laws of the State of Florida, without regard to conflict of law provisions.

Venue: Any legal action not subject to arbitration shall be brought exclusively in the courts of Palm Beach County, Florida.

RESPA and Anti-Kickback Compliance

We comply with the Real Estate Settlement Procedures Act (RESPA) and do not provide or accept kickbacks, referral fees, or unearned fees in connection with real estate settlements. Any affiliated business arrangements will be disclosed in accordance with RESPA requirements.

Termination

We reserve the right to terminate or suspend your access to our Services at any time, with or without notice, for conduct that we believe:

• Violates these Terms
• Is harmful to other users or our business
• Exposes us to legal liability
• Is fraudulent or illegal

Changes to Terms

We may modify these Terms at any time. Changes will be effective immediately upon posting on this page with an updated "Last Updated" date. Continued use of our Services constitutes acceptance of the modified Terms.

Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.