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1031 Exchange Rules for Short-Term Rentals

Learn the essential rules and timelines for using a 1031 exchange with short-term rentals to defer capital gains taxes effectively.
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7 Tips for No-Doc Loan Approval

Learn essential tips to improve your chances of securing a no-doc loan as a self-employed investor, focusing on credit, documentation, and property performance.
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How DSCR Loans Work for Self-Employed Borrowers

Learn how DSCR loans allow self-employed real estate investors to secure financing based on property income rather than personal finances.
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How to Communicate Insurance Requirements to Borrowers

Effective communication of insurance requirements is essential to prevent legal issues and ensure compliance during the loan process.
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5 Tips for Enforcing Borrower Insurance Compliance

Learn essential strategies for ensuring borrower insurance compliance and minimizing risks for lenders in the mortgage industry.
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Ultimate Guide to Refinancing Investment Properties

Learn how refinancing investment properties can improve cash flow, reduce costs, and unlock equity for future growth in your portfolio.
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All rights reserved. © 2020 Legions Capital inc DBA: loanguys.com , Equal Housing Lender, NMLS ID#: 1553947 California Finance Lender License#: 60DBO6454 Arizona Mortgage License number MB – 1030720
Figure: 7 TAC §80.200(b)"CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE 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."