Legal Disclaimers

Bay Capital Mortgage Corp. · Company NMLS #39610 · Equal Housing Lender · Equal Opportunity Employer

Equal Opportunity Employer

We are an Equal Opportunity Employer. As an Equal Opportunity Employer, we do not discriminate based on race (includes traits associated with race, e.g., hair texture and protective hairstyles), color, religion, national origin, sex, age, sexual orientation, gender identity, marital status, disability, genetic information, veteran status, or any other status protected by Federal, state or local law. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individual's qualifications for a specific job opening.

In compliance with the Americans with Disabilities Act ("ADA"), we provide reasonable accommodations to applicants and employees with disabilities, and for pregnancy, childbirth, or related medical conditions, unless doing so would cause undue hardship. We are committed to providing an accessible candidate experience and strive to meet WCAG 2.1 AA standards. If you need accommodation to apply or interview, email [email protected].

At-Will Employment & No Contract

Nothing on this site or in any application materials creates a contract of employment. Employment with Bay Capital Mortgage is at will and may be terminated by either party at any time, with or without cause or advanced notice, subject to applicable law.

Loan Originator Compensation

Bay Capital Mortgage complies with all applicable federal and state laws governing mortgage loan originator compensation, including Regulation Z (12 CFR § 1026.36).

Mortgage loan originators employed by Bay Capital Mortgage are compensated in accordance with the following principles:

• No Compensation Based on Loan Terms or Conditions: Loan originators are not compensated—directly or indirectly—based on the interest rate, annual percentage rate (APR), loan amount, program type, fees, or any other loan term or condition, except as permitted by law.
• Permitted Compensation Structures: Compensation may be based on factors such as the volume of loans originated, the quality of files submitted, customer satisfaction metrics, and overall compliance with company policies and regulations.
• Borrower-Paid vs. Lender-Paid Compensation: When the borrower directly pays the loan originator's compensation, no portion of that compensation is received from any other party involved in the transaction. When the lender pays compensation, the loan originator may not receive any additional payment from the borrower or other parties for the same transaction.
• Anti-Steering Requirements: Loan originators must present loan options in the borrower's best interest and may not steer borrowers toward products that result in greater compensation for the loan originator or company unless the loan is in the borrower's interest.
• All required compensation disclosures will be provided to the borrower in accordance with Regulation Z and applicable state law prior to closing.

Nothing in this description alters the at-will employment relationship between Bay Capital Mortgage and its employees.

In addition to federal requirements, Bay Capital Mortgage complies with the Maryland Mortgage Lender Law (Md. Code Ann., Fin. Inst. § 11-501 et seq.) and Mortgage Loan Originator provisions (Md. Code Ann., Fin. Inst. § 11-601 et seq.), which require that compensation practices promote fair lending, transparency, and avoidance of conflicts of interest.

Any information on compensation, such as salary, commission, or bonuses, is for informational purposes only and is not a guarantee of future earnings.

Maryland Equal Pay for Equal Work

We do not pay different wages or provide less favorable opportunities based on sex or gender identity; Maryland law also protects wage discussions among employees.

Criminal History (Ban-the-Box)

In Maryland, Bay Capital Mortgage does not ask about an applicant's criminal history before the first interview, consistent with state law. If job-related, any later review of criminal history will follow applicable federal, state, and local requirements.

Immigration & Work Authorization

All offers are contingent upon verification of work authorization in the United States (Form I-9). We do not discriminate based on citizenship or immigration status, consistent with federal law.

Credit History (Job Applicant Fairness)

Except where allowed by law (e.g., certain financial or managerial roles), we do not use credit reports or credit history in hiring, compensation, or other employment decisions in Maryland. Any permitted use will occur only after written disclosure and authorization and will be limited to a bona fide, job-related purpose.

NMLS

Employment is contingent on obtaining and maintaining the necessary Mortgage Loan Originator NMLS licenses for each state in which the employee originates mortgage loans.