Terms & Conditions

As licensed mortgage brokers and Responsible Individuals (RIs), we have passed the same Arizona RI exam required for all RIs, including attorneys. However, our deep understanding of the mortgage industry, Arizona state mortgage laws, and the intricacies of navigating the NMLS allows us to offer compliance assurance that often exceeds what an attorney acting in the capactiy of an RI can provide. We are experts in mortgages, and our hands-on experience in the industry equips us to manage the complexities of NMLS processes and state-specific regulations better than any legal professional acting solely in an RI capacity. For legal matters outside of mortgage compliance, such as broader business law, we recommend consulting a licensed attorney.

1. Introduction
This agreement constitutes the terms and conditions (T&C) between you (“Client”) and AZRI Mortgage PLLC (“We,” “Us,” “Our”), a Responsible Individual (RI) service provider in the state of Arizona. By engaging with our services, you agree to abide by the terms outlined in this document. Our services comply with Arizona mortgage laws and Arizona Department of Financial Institutions (AZDFI) regulations. If you do not agree to these terms, please discontinue use of our services.

2. Scope of Services
We provide compliance consulting and support as a licensed Responsible Individual (RI), specializing in mortgage broker and banker compliance in Arizona. This includes:

• Ensuring compliance with Arizona state mortgage laws and AZDFI regulations.

• Guiding clients through the NMLS system for licensing and regulatory filings.

• Offering ongoing compliance support for businesses operating under Arizona mortgage laws.

• Providing additional consulting services specific to Arizona's RI regulations and mortgage practices.

3. Client Obligations
As a client, you agree to:

• Provide accurate and complete information required for compliance and licensing.

• Cooperate with any requests for additional documentation or clarification as part of the compliance process.

• Adhere to all Arizona state mortgage laws and AZDFI guidelines while working with us.

• Maintain up-to-date records with NMLS and AZDFI, where applicable.

4. Payment Terms
Clients agree to pay all fees for services rendered as outlined in their engagement contract. Payment is due upon receipt of an invoice unless other terms have been agreed upon in writing. Failure to pay may result in suspension of services.

5. Limitation of Liability
While we provide expert guidance based on Arizona mortgage laws and compliance regulations, our liability is limited to the extent permissible by law. We are not responsible for non-compliance due to incorrect information provided by clients or changes in state or federal laws after our services have been rendered.

6. Dispute Resolution
In the event of a dispute, both parties agree to attempt to resolve the issue through mediation. If mediation fails, disputes will be settled through arbitration, in accordance with Arizona state law.

7. Governing Law
This agreement is governed by and construed in accordance with the laws of the state of Arizona. Any legal disputes arising from these terms will be subject to the exclusive jurisdiction of the courts in Arizona.

8. Termination
Either party may terminate the agreement with 30 days' notice. We reserve the right to terminate this agreement immediately if the client fails to comply with Arizona mortgage laws, AZDFI regulations, or other agreed-upon terms.

9. Changes to Terms
We reserve the right to update these terms at any time. Any changes will be communicated to the client, and continued use of services after such changes are implemented constitutes acceptance of the updated terms.

1. Scope of Services

AZRI Mortgage provides compliance services as a Responsible Individual (RI) under Arizona mortgage laws and regulations. Our services include assisting with NMLS (National Mortgage Licensing System) filings, ensuring compliance with Arizona Department of Financial Institutions (AZDFI) regulations, and offering advisory support to mortgage brokers and bankers. Our services do not extend beyond compliance consulting, and we are not responsible for legal matters outside Arizona's mortgage laws unless otherwise agreed upon.

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2. Payment and Fees

Payment for our services must be made in accordance with the terms outlined in the client engagement contract. All invoices are due upon receipt unless otherwise specified in writing. Late payments may incur a penalty, and failure to pay can result in suspension or termination of services. For clients utilizing ongoing services, such as monthly compliance monitoring or NMLS updates, payment will be structured as per the agreed terms.

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3. Limitation of Liability

AZRI Mortgage shall not be liable for any compliance issues or penalties arising from the client’s failure to provide accurate information or follow our guidance. Additionally, we are not responsible for compliance issues resulting from changes to state or federal mortgage laws that occur after our services have been rendered. Clients acknowledge that they are responsible for maintaining current and accurate information with the NMLS and AZDFI, and that we provide compliance guidance based on the information supplied by the client.

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4. Dispute Resolution

In the event of a dispute, both AZRI Mortgage and the client agree to resolve the issue through mediation. If mediation is unsuccessful, disputes will be settled through binding arbitration under Arizona state law. This process helps avoid costly litigation and ensures a fair resolution for both parties.

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5. Termination of Agreement

Either party may terminate the agreement by providing 30 days' written notice. AZRI Mortgage reserves the right to terminate this agreement immediately if the client fails to comply with Arizona state mortgage laws, AZDFI regulations, or any terms of this agreement. Termination due to non-compliance will not absolve the client of any outstanding payment obligations.