Terms and Conditions for Co/LAB Lending

Welcome to Co/LAB Lending. These Terms and Conditions (“Terms”) govern your use of the Co/LAB Lending website, digital online loan applications, any related services, and access to mortgage financing (collectively, the “Service”). By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms, then you may not access the Service.

Eligibility

To use the Service, you must be at least 18 years old and capable of entering into legally binding contracts. By using the Service, you represent and warrant that you meet these eligibility requirements.

Use of Service

Co/LAB Lending grants you a limited, non-exclusive, non-transferable, revocable license to use the Service strictly in accordance with these Terms. The Service includes providing customers with access to mortgage financing, qualifying them for mortgages, and managing their loan from application until closure.

Privacy Policy

Your privacy is important to us. Our Privacy Policy explains how we collect, use, and disclose information about you. By using the Service, you agree to our Privacy Policy.

Account Security

You are responsible for safeguarding your account password and for any activities under your account. We encourage the use of “strong” passwords with your account.

Intellectual Property

All rights in the Service are the exclusive property of Co/LAB Lending and its licensors. The Terms do not grant you a right to use any of Co/LAB Lending’s brand features.

User Conduct

You agree not to interfere with the Service’s operation or any other party’s use of the Service, and not to access the Service unauthorizedly.

Links to Other Websites

The Website may contain links to other websites not operated by Co/LAB Lending. We are not responsible for the content or privacy practices of these websites. We encourage you to read the privacy policies of any website you visit.

Use of Tools and Calculators

Tools and calculators provided on the website, including mortgage calculators, are for educational purposes only. Results from such tools are not indicative of actual rates, terms, mortgage payments, or qualification status. Users are encouraged to speak to a loan officer for accurate information or conduct their own research.

Content Accuracy

While we strive to provide accurate and up-to-date information regarding mortgage products and guidelines, we cannot guarantee the accuracy of all content on the website due to the changing nature of mortgage guidelines. Users should verify the information by speaking to a loan officer or conducting their own research.

Termination

We may terminate or suspend your access to the Service immediately, for any reason, including breach of these Terms.

Disclaimer of Warranties; Limitation of Liability

The Service is provided “AS IS”. Co/LAB Lending disclaims all warranties, express or implied. Co/LAB Lending will not be liable for any damages resulting from your use of the Service.

Governing Law

These Terms shall be governed by the laws of Pennsylvania.

Changes to Terms

We reserve the right to modify these Terms at any time. We will provide notice of material changes.

Consent for Contact

Consent to Use of Data

By completing any forms on our website or providing information to Co/LAB Lending in any manner, you explicitly consent to the collection, use, and sharing of your information as described in our Privacy Policy and these Terms. You acknowledge that you are voluntarily providing this information.

Marketing Communications

By submitting your information through our Service, you agree that Co/LAB Lending may use the provided information to contact you via text message, email, or other means with marketing or promotional information regarding our products and services. This may include, but is not limited to:

• Updates on new mortgage products or services that may be of interest to you.
• Newsletters containing valuable information about the mortgage industry.
• Special offers or promotions that could benefit you in your mortgage application process.
• Invitations to webinars or events hosted by Co/LAB Lending aimed at providing insights into the mortgage process or financial wellness.

Opting Out

You may opt out of receiving marketing communications from Co/LAB Lending at any time by following the unsubscribe instructions included in each marketing email or text message, or by contacting us directly at [Your Contact Information]. Please note that opting out of marketing communications does not preclude you from receiving important transactional or account-related information from us.