Regulatory Disclosures
Important legal and regulatory information for mortgage lending activities
Business Relationship Disclosures - 12 CFR 1024.15
No Affiliated Business Arrangements: RiskSculptor™ does not have any affiliated business arrangements (AfBAs) with settlement service providers that would require RESPA disclosures under Section 8(c).
Independent Contractors: Loan officers and real estate professionals using this platform are independent contractors. RiskSculptor™ does not receive compensation for referring business to any specific settlement service provider.
Technology Platform Only: RiskSculptor™ provides technology services only. We do not participate in real estate settlements, loan closings, or receive any portion of settlement fees.
Marketing Services Agreement (MSA) Compliance
No MSA Arrangements: RiskSculptor™ does not enter into Marketing Services Agreements (MSAs) with settlement service providers that could violate RESPA Section 8.
Platform Fees: Any fees paid to RiskSculptor™ are for technology platform services only, not for referrals. Platform fees are disclosed and reasonable for services provided.
Fair Market Value: All compensation received by RiskSculptor™ is for services actually performed and represents fair market value for those services.
Referral Disclosure Requirements
Consumer Choice: You are not required to use any particular settlement service provider recommended through this platform. You have the right to shop for settlement services and compare costs.
No Kickbacks: RiskSculptor™ does not receive any compensation, kickbacks, or referral fees from settlement service providers for referring your business.
Independent Selection: All recommendations are based on professional qualifications, service quality, and consumer needs - not financial arrangements.
Settlement Service Provider Relationships
Title Companies: RiskSculptor™ does not have ownership interests in or receive compensation from title insurance companies, title agents, or settlement agents.
Appraisal Services: RiskSculptor™ does not refer appraisal business or receive compensation from appraisal management companies or individual appraisers.
Home Inspection: RiskSculptor™ does not refer home inspection business or receive compensation from home inspection companies.
Insurance Services: RiskSculptor™ does not refer homeowner's insurance business or receive compensation from insurance companies or agents.
Your Rights Under RESPA
Right to Shop: You have the right to shop for settlement services and are not required to use any particular provider recommended by your loan officer or real estate agent.
Disclosure Rights: You have the right to receive disclosures about business relationships between settlement service providers.
Complaint Rights: You have the right to file complaints about RESPA violations with the Consumer Financial Protection Bureau (CFPB).
Legal Protections: RESPA prohibits kickbacks, referral fees, and unearned fees in real estate settlement transactions.
Report RESPA Violations
If you believe you have experienced a RESPA violation, including kickbacks, referral fees, or other prohibited practices, you can file a complaint with:
- • CFPB: consumerfinance.gov/complaint
- • HUD: HUD Online Complaint System
- • State Attorney General: Your state's consumer protection office
Annual Percentage Rate (APR) Disclosure - 12 CFR 1026.24(f)
The Annual Percentage Rate (APR) is the cost of credit as a yearly rate and includes interest plus other loan costs such as points, fees, and mortgage insurance. APRs shown are estimates based on sample loan scenarios and may not reflect your actual APR.
Important: Your actual APR will be disclosed in your official Loan Estimate within three business days of application and in your Closing Disclosure. Your actual APR may be higher or lower than estimates shown and will depend on your specific loan terms, credit profile, and lender fees.
Equal Housing Opportunity
We are committed to equal housing opportunity. We comply with applicable Federal civil rights laws and do not discriminate on the basis of race, color, national origin, religion, sex, familial status, or disability. We do not discriminate on the basis of sexual orientation or gender identity.
Platform & Technology Disclaimer
RiskSculptor™ is a technology platform and lead generation service. RiskSculptor™ is NOT a mortgage lender, mortgage broker, or mortgage loan originator. We do not make credit decisions, approve loans, or fund mortgages.
All loan applications, underwriting decisions, loan terms, interest rates, and loan approvals are made solely by participating licensed mortgage lenders. Each lender has its own underwriting criteria and lending guidelines.
By using this platform, you consent to be contacted by participating mortgage professionals via phone, email, or text message regarding mortgage services.
NMLS & Licensing Information
Mortgage Loan Originator Licensing: All mortgage loan originators (MLOs) using this platform must be properly licensed and registered with the Nationwide Multistate Licensing System (NMLS) as required by the SAFE Act.
Verify License Status: Before proceeding with any loan application, verify your loan officer's license status and disciplinary history at: www.nmlsconsumeraccess.org
Required Disclosures: Licensed MLOs must provide their NMLS ID number, licensing information, and any required state-specific disclosures before taking your application.
State Licensing & Jurisdictional Requirements
Multi-State Licensing: Mortgage lending is regulated by both federal and state agencies. Loan officers must hold valid licenses in the state where the property is located and/or where the borrower resides.
Indiana Focus: This platform primarily serves the Indiana market. Indiana mortgage activities are regulated by the Indiana Department of Financial Institutions (DFI).
Availability: Not all loan products, services, or loan officers are available in all states. Licensing requirements vary by state.
Privacy & Data Protection - GLBA Compliance
Gramm-Leach-Bliley Act (GLBA): Your personal and financial information is protected under federal privacy laws. We maintain physical, electronic, and procedural safeguards to protect your nonpublic personal information.
Information Sharing: We may share your information with participating licensed mortgage professionals for the purpose of providing loan services. We do not sell your personal information to unaffiliated third parties for marketing purposes.
Your Rights: You have the right to opt out of certain information sharing. See our Privacy Policy for complete details on information collection, use, and sharing practices.
Consumer Protection & Complaint Procedures
Questions or Complaints: For questions about your loan or to file a complaint, contact your loan officer directly first. If unresolved, you may contact:
Federal Agencies:
- • CFPB: consumerfinance.gov/complaint
- • HUD Counseling: hud.gov/findacounselor
Indiana State:
- • Indiana DFI: in.gov/dfi
- • Phone: (317) 232-3955
Additional Important Notices
No Guarantee of Approval: Submission of loan information does not guarantee loan approval. All loans are subject to credit approval, income verification, asset verification, and property appraisal.
Rate Lock Disclosure: Rates shown are not locked or guaranteed until you receive a written rate lock agreement from your lender. Rates may change daily or multiple times per day.
Advertising Disclosure: This is an advertisement for mortgage services. This is not a commitment to lend or extend credit.
Settlement Services & RESPA Integration
Technology Platform Only: RiskSculptor™ provides mortgage technology services and does not participate in real estate settlements, loan closings, or settlement service provision.
No Settlement Service Ownership: RiskSculptor™ does not own, have financial interests in, or receive compensation from title companies, appraisal companies, home inspection services, or insurance providers.
Consumer Protection: All referrals comply with TILA, RESPA, and state licensing requirements. You maintain the right to choose your own settlement service providers.