Terms of Service

1. About EquityBoost LLC

EquityBoost LLC is an Iowa-licensed residential mortgage lender offering a flat financing charge mortgage product. Our principal office is located in Des Moines, Iowa. We are licensed by the Iowa Division of Banking (license pending). Our NMLS ID is pending.

EquityBoost is not a bank, credit union, or depository institution. We originate and service residential mortgage loans funded by private accredited investors.

2. Eligibility

To apply for an EquityBoost mortgage loan, you must:

• Be at least 18 years of age
• Be a legal resident of the United States
• Intend to use the financed property as your primary residence
• Meet our published underwriting criteria
• Be located in a state where EquityBoost is licensed to lend

3. The Application Process

Submitting a loan application does not guarantee approval or constitute a commitment to lend. All applications are subject to our complete underwriting review, including verification of income, assets, employment, credit, and property.

By submitting an application, you authorize EquityBoost LLC to:

• Obtain your credit report from consumer reporting agencies
• Verify your income through Plaid or other verification services
• Verify your identity through Socure or other identity verification services
• Share your application information with service providers necessary to process your loan
• Contact you by phone, email, or mail regarding your application

4. Pre-Approval Letters

Any pre-approval letter issued by EquityBoost LLC is a conditional commitment only and does not guarantee financing. Pre-approval is subject to satisfactory completion of our full underwriting process, a satisfactory property appraisal, clear title, and no material adverse change in your financial condition before closing.

Pre-approval letters expire 90 days from the date of issuance unless a shorter period is specified on the letter.

5. Loan Terms and Disclosures

EquityBoost offers a flat financing charge mortgage structure. This means your financing charge is set as a fixed dollar amount at origination and does not change over the life of the loan. The financing charge constitutes interest under applicable law.

Your Annual Percentage Rate (APR), total financing charges, and all loan terms will be disclosed to you at application and at closing as required by the Truth in Lending Act (TILA) and Regulation Z. You have the right to receive a Loan Estimate within three business days of submitting a complete application.

6. Equal Credit Opportunity

If you believe you have been discriminated against, you may contact the Consumer Financial Protection Bureau at consumerfinance.gov or the Iowa Civil Rights Commission.

7. Fees and Costs

EquityBoost charges an origination fee of 1.50% of the loan amount, a processing fee, and an underwriting fee. These fees will be disclosed in your Loan Estimate. Third-party costs (appraisal, title, recording fees) are not controlled by EquityBoost and will vary.

We do not charge prepayment penalties. You may pay off your loan at any time without penalty.

8. Use of Our Website and Portal

You agree to use our website and portal only for lawful purposes. You may not:

• Provide false or misleading information in any application or document
• Attempt to access another user's account or data
• Use automated tools to scrape or extract data from our site
• Attempt to circumvent our security measures
• Use our services for any purpose other than obtaining a residential mortgage loan

9. Intellectual Property

The EquityBoost name, logo, and all content on this website are the property of EquityBoost LLC and may not be reproduced, copied, or used without our written permission. The EquityBoost trademark is pending registration with the USPTO.

10. Limitation of Liability

EquityBoost LLC's liability in connection with any loan application or transaction shall not exceed the amount of fees actually paid by you to EquityBoost in connection with that application. We are not liable for any indirect, incidental, or consequential damages arising from your use of our website or portal.

Our website and calculators are provided for informational purposes only. Calculations shown are estimates and do not constitute a commitment to lend.

11. Governing Law

These Terms are governed by the laws of the State of Iowa and applicable federal law. Any disputes shall be resolved in the courts of Polk County, Iowa, or in federal court in the Southern District of Iowa.

12. Changes to These Terms

We may update these Terms from time to time. We will post the updated Terms with a new effective date. Your continued use of our services after the effective date constitutes acceptance of the updated Terms.