Estimate Document Disclaimer
This page governs all estimate documents, scenario outputs, payment breakdowns, amortization schedules, DSCR analyses, and related financial projections generated using LendPaper software ("Generated Documents"). By generating, downloading, sharing, or relying on any Generated Document, you acknowledge and agree to the terms set forth below.
Section 1 — Nature of Generated Documents
All documents produced through LendPaper are preliminary estimates only. They do not constitute a loan offer, commitment to lend, binding financial agreement, term sheet, or professional financial, legal, or tax advice of any kind. Nothing in any Generated Document should be interpreted as a guarantee of financing, a representation of creditworthiness, or a statement of final loan terms.
Section 2 — Responsibility for Inputs and Accuracy
All data inputs, financial figures, loan parameters, borrower information, and scenario assumptions contained in any Generated Document were entered exclusively by the originating user — the lender, ISO, or broker who created the document using LendPaper software. LendPaper does not review, audit, verify, or validate any inputs provided by users. The accuracy of any calculations, estimates, projections, or outputs is solely dependent on the accuracy of the information provided by the originating user. LendPaper expressly disclaims all responsibility for errors, omissions, or inaccuracies resulting from user-provided data.
Section 3 — LendPaper's Role — Software Provider Only
LendPaper is a technology software platform. LendPaper is not a lender, mortgage broker, financial institution, investment advisor, insurance company, or any other type of regulated financial entity. LendPaper does not originate, underwrite, fund, or service loans. LendPaper does not hold any lending license, broker license, or financial services authorization in any jurisdiction. Nothing in any Generated Document or on this platform should be construed as LendPaper acting in any financial, fiduciary, or advisory capacity.
Section 4 — No Guarantee of Terms or Approval
The figures presented in Generated Documents — including but not limited to payment amounts, interest rates, fees, annual percentage rates (APR), debt service coverage ratio (DSCR) calculations, amortization schedules, SBA fee estimates, and funding projections — are illustrative scenario outputs only. Actual loan terms, rates, fees, approval decisions, and disbursed amounts are determined solely by the funding lender upon completion of underwriting and final review. LendPaper makes no representation that any particular borrower will qualify for, receive, or be offered the terms modeled in any Generated Document.
Section 5 — Limitation of Liability
To the fullest extent permitted by applicable law, LendPaper, its operators, officers, employees, affiliates, and licensors shall not be liable for any direct, indirect, incidental, consequential, special, or exemplary damages arising from the use of or reliance upon any information contained in a Generated Document, including but not limited to financial loss, failure to obtain financing, business interruption, or decisions made on the basis of estimated figures.
Section 6 — User Responsibility and Regulatory Compliance
The originating user of LendPaper software — the lender, ISO, or broker who generates and shares documents — is solely responsible for ensuring that all Generated Documents comply with applicable federal, state, and local laws and regulations governing financial disclosures. This includes, without limitation, the Truth in Lending Act (TILA), the Equal Credit Opportunity Act (ECOA), and any applicable state-level lending disclosure requirements. LendPaper does not provide compliance guidance and is not responsible for the regulatory fitness of any Generated Document as shared with a borrower or end-client.
Section 7 — Contact
For questions about this disclaimer or LendPaper's platform, contact: hello@lendpaper.com