Disclosures & Licensing

Company Licensing

Loan Originator Licensing

Equal Housing Lender

Cornerstone First Mortgage, LLC is an Equal Housing Lender. We are committed to providing equal access to housing and mortgage services regardless of race, color, religion, national origin, sex, familial status, disability, or any other characteristic protected by federal, state, or local law, in accordance with the Fair Housing Act (42 U.S.C. 3601 et seq.) and the Equal Credit Opportunity Act (15 U.S.C. 1691 et seq.).

Texas Mortgage Licensing Disclosures

Cornerstone First Mortgage, LLC is licensed by the Texas Department of Savings and Mortgage Lending. Mortgage loans are originated in accordance with the Texas Finance Code, the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), and all applicable federal regulations.

Texas consumers: How to file a complaint
The Department of Savings and Mortgage Lending maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's website at www.sml.texas.gov.

If you have a complaint about a residential mortgage loan originator, you may file a complaint with the Texas Department of Savings and Mortgage Lending:

• Online: www.sml.texas.gov
• Phone: (877) 276-5550
• Mail: 2601 N. Lamar Blvd., Suite 201, Austin, TX 78705

Down Payment Assistance Program Disclaimers

TDHCA Programs

The Texas Department of Housing and Community Affairs (TDHCA) administers the My First Texas Home and My Choice Texas Home down payment assistance programs. Program terms, eligibility requirements, income limits, purchase price limits, interest rates, and DPA amounts are established by TDHCA and are subject to change without notice based on funding availability and program updates.

TSAHC Programs

The Texas State Affordable Housing Corporation (TSAHC) administers the Homes for Texas Heroes and Home Sweet Texas down payment assistance programs. Program terms, eligibility requirements, income limits, purchase price limits, interest rates, and DPA amounts are established by TSAHC and are subject to change without notice based on funding availability and program updates.

No Agency Affiliation

Texas Down Payment Assistance (texasdpa.com) and the Cook Brothers Mortgage Team at Cornerstone First Mortgage are not affiliated with, endorsed by, or sponsored by the Texas Department of Housing and Community Affairs (TDHCA), the Texas State Affordable Housing Corporation (TSAHC), or any other state or federal government agency. Cornerstone First Mortgage is an approved participating lender in TDHCA and TSAHC programs, but this participation does not constitute an endorsement or affiliation with these agencies.

Program Availability

Down payment assistance programs are subject to funding availability and may be suspended, modified, or discontinued at any time by the administering agency. Not all borrowers will qualify for down payment assistance. Eligibility is determined based on program-specific criteria including, but not limited to, household income, credit score, purchase price, property location, property type, occupancy requirements, and homebuyer education completion.

Rate and Terms Disclaimer

All loan programs, interest rates, terms, and conditions are subject to change without notice. The information provided on this website is for informational and educational purposes only and does not constitute a loan offer, loan commitment, loan approval, or guarantee of any specific rate, term, or program. Actual rates, fees, and terms will be determined based on your individual financial profile, creditworthiness, property characteristics, and prevailing market conditions at the time of rate lock.

Interest rates displayed or referenced on this website are subject to change and may not be available at the time of loan application or lock. Rate locks are subject to lender and program-specific requirements. The Annual Percentage Rate (APR) may differ from the stated interest rate due to the inclusion of fees, points, and other loan costs.

Calculator and Tools Disclaimer

The DPA calculator, qualifier quiz, and other tools provided on this website are for educational and illustrative purposes only. Results are estimates based on the information you provide and general program guidelines. Actual DPA amounts, eligibility, income limits, purchase price limits, and loan terms may differ from the estimates provided. Use of these tools does not constitute a loan application, loan approval, or commitment to lend.

Additional Disclosures

• All loans subject to credit approval and property appraisal.
• Private mortgage insurance (PMI) or mortgage insurance premiums (MIP) may be required depending on the loan type and down payment amount.
• Property insurance is required on all loans. Flood insurance may be required for properties located in designated flood zones.
• The borrower is responsible for all closing costs, prepaid items, and escrow deposits not covered by DPA funds, seller concessions, or lender credits.
• Homebuyer education courses are required for all TDHCA and TSAHC DPA programs.
• DPA second liens may have repayment obligations if the borrower sells, refinances, or ceases to occupy the property as a primary residence before the forgiveness period expires (program-dependent).

NMLS Consumer Access

The Nationwide Multistate Licensing System (NMLS) is a web-based system that allows consumers to verify the licensing status of mortgage companies and individual loan originators. You can verify our licensing and view additional information at:

www.nmlsconsumeraccess.org

• Cornerstone First Mortgage, LLC: NMLS #173855
• Tanner Cook: NMLS #2090424
• Zac Cook: NMLS #2111496

Contact

If you have questions about these disclosures or our licensing, please contact us: