TERMS OF SERVICE

Mortgage Proposal by beaconAI

mortgageproposal.app

Effective Date: April 15, 2026

1. Acceptance of Terms

These Terms of Service (“Terms”) constitute a legally binding agreement between you and Myska Family Office LLC, doing business as beaconAI (“Company,” “we,” “us,” or “our”), governing your access to and use of the Mortgage Proposal application (the “Service”) available at mortgageproposal.app.

By creating an account, accessing, or using the Service, you represent that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you must not use the Service.

If you are using the Service on behalf of an organization (such as a mortgage brokerage), you represent and warrant that you have the authority to bind that organization to these Terms, and “you” refers to both you individually and that organization.

2. Description of Service

2.1 What the Service Is

Mortgage Proposal is a web-based software-as-a-service (“SaaS”) tool that enables licensed mortgage brokers and loan officers to create branded, side-by-side loan comparison proposals for presentation to their clients. The Service computes estimated monthly payments, annual percentage rates (“APR”), cash to close figures, break-even analysis, and amortization schedules based on parameters entered by you.

2.2 What the Service Is NOT

THE SERVICE IS NOT A LICENSED FINANCIAL PRODUCT. IT DOES NOT GENERATE OFFICIAL LOAN ESTIMATES AS DEFINED BY THE CONSUMER FINANCIAL PROTECTION BUREAU (CFPB) OR UNDER THE TRUTH IN LENDING ACT/REAL ESTATE SETTLEMENT PROCEDURES ACT INTEGRATED DISCLOSURE (TRID) RULES.

The Service does not:

• Originate, process, underwrite, or fund mortgage loans
• Connect to loan origination systems, credit bureaus, automated underwriting systems, or rate engines
• Transmit loan applications or borrower financial data to any third party
• Provide financial, legal, or investment advice or loan recommendations
• Verify the accuracy of data you enter or the calculations derived from that data
• Verify your licensing status or the validity of your NMLS number

All figures generated by the Service are estimates for comparison purposes only. The Service is a pre-application sales presentation tool, comparable to a broker-prepared spreadsheet comparison.

3. Eligibility and Acceptable Use

3.1 User Eligibility

The Service is available exclusively to:

• Individuals who hold a valid mortgage loan originator (MLO) license issued by a U.S. state regulatory authority and registered with the Nationwide Multistate Licensing System (NMLS); or
• Individuals who operate under the direct supervision of a licensed mortgage broker or lending institution in accordance with applicable state and federal law.

By creating an account, you represent and warrant that you meet the eligibility requirements above. The Company reserves the right to request proof of licensure at any time and to suspend or terminate accounts that fail to provide satisfactory evidence.

3.2 Acceptable Use

You agree to use the Service only for its intended purpose of creating loan comparison proposals for your mortgage clients. You shall not:

• Use the Service for any unlawful purpose or in violation of any applicable federal, state, or local law or regulation
• Represent any output of the Service as an official Loan Estimate, Good Faith Estimate, or any other regulatory disclosure document
• Use the Service to mislead consumers about loan terms, costs, or available rates
• Attempt to gain unauthorized access to the Service, other user accounts, or Company systems
• Reverse engineer, decompile, disassemble, or otherwise attempt to discover the source code of the Service
• Use automated scripts, bots, or other means to access the Service beyond its intended user interface
• Resell, sublicense, or provide access to the Service to third parties without our prior written consent
• Submit content that is defamatory, obscene, fraudulent, or that infringes on the rights of any third party
• Use the Service in a manner that could damage, disable, or impair the Service or interfere with any other user’s use

3.3 Compliance Responsibility

You are solely responsible for ensuring your use of the Service complies with all applicable laws and regulations, including TILA, RESPA, the SAFE Act, the Gramm-Leach-Bliley Act (GLBA), state mortgage lending statutes, advertising and marketing regulations, and fair lending requirements. The Company does not monitor or enforce your regulatory compliance.

4. Account Registration and Security

To use the Service, you must create an account with accurate and complete information. You are responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account.

You agree to notify us promptly at dale@beaconai.ai if you become aware of any unauthorized use of your account or any other breach of security.

The Company is not liable for any loss or damage arising from your failure to maintain the security of your account credentials.

5. Subscription Plans, Billing, and Cancellation

5.1 Subscription Tiers

5.2 Billing

Paid subscriptions are billed in advance on a recurring basis (monthly or annually, depending on the plan selected). All fees are quoted and payable in U.S. dollars. Payment is processed through Stripe. You authorize us to charge the payment method on file for all applicable fees.

If a payment fails, we will attempt to process it again. If payment remains unsuccessful after five (5) business days, we may suspend your access to paid features until the outstanding balance is resolved.

5.3 Cancellation

You may cancel your subscription at any time through your account settings. Upon cancellation:

• Your paid features remain active through the end of the current billing period
• Your account reverts to the Free tier at the end of the paid period
• No partial refunds are provided for unused time within a billing period
• Annual subscribers who cancel will retain access through the end of the prepaid annual term

5.4 Refund Policy

All fees are non-refundable, except in the following circumstances:

• Service unavailability exceeding seventy-two (72) consecutive hours due to a Company-caused outage (pro-rata credit for the affected period)
• Billing errors confirmed by the Company (full refund of the erroneous charge)

Refund requests must be submitted within thirty (30) days of the charge in question to dale@beaconai.ai.

5.5 Price Changes

The Company reserves the right to modify subscription pricing. Existing subscribers will receive at least sixty (60) days’ written notice before any price increase takes effect. Price increases apply to the next billing cycle following the notice period. If you do not agree to a price increase, you may cancel your subscription before the new pricing takes effect.

5.6 Free Tier Limitations

The Free tier is limited to five (5) proposals per calendar month. All proposals generated under the Free tier include a beaconAI-branded watermark. The Company reserves the right to modify Free tier limitations at any time with reasonable notice.

6. Referral Program

The Company offers a referral program through which users may earn account credits when individuals they refer subscribe to a paid plan. Credit amounts and per-referrer caps depend on the referrer’s subscription tier:

• Founder tier subscribers receive a five hundred dollar ($500) account credit for each referred individual who activates a paid subscription, up to a maximum of five (5) referrals (a maximum aggregate credit of two thousand five hundred dollars ($2,500) per Founder subscriber).
• All other subscribers, including Free tier users, receive a one hundred dollar ($100) account credit for each referred individual who activates a paid subscription, up to a maximum of twelve (12) referrals (a maximum aggregate credit of one thousand two hundred dollars ($1,200) per subscriber).

A credit is awarded only once per referred individual, triggered by the referred individual’s first successful subscription invoice. Subsequent invoices from the same referred individual do not generate additional credits. Credits earned by Free tier subscribers are recorded at the time the referred individual subscribes and are applied to the referrer’s account when the referrer first activates a paid subscription.

Referral credits are subject to the following conditions:

• Credits are applied as account credit against the referrer’s future subscription invoices through the Company’s payment processor and are not redeemable for cash
• Credits are non-transferable and apply only to the referring subscriber’s own account
• Credits are forfeited if the referrer’s account is closed or terminated for any reason
• Credits do not apply to add-ons, third-party charges, or taxes
• The Company reserves the right to modify or discontinue the referral program at any time with thirty (30) days’ notice to active participants; previously earned credits remain valid against future invoices for as long as the referrer’s account remains active
• Fraudulent, self-referral, or abusive referral activity may result in forfeiture of credits and account termination

7. Broker Responsibility and Calculation Accuracy

YOU ARE SOLELY AND EXCLUSIVELY RESPONSIBLE FOR VERIFYING THE ACCURACY OF ALL DATA YOU ENTER INTO THE SERVICE AND ALL CALCULATIONS GENERATED BY THE SERVICE BEFORE PRESENTING ANY PROPOSAL TO A CLIENT OR BORROWER.

The Service performs calculations using standard mortgage formulas based on the parameters you provide. The Service does not independently verify inputs against any external data source, rate sheet, lender guideline, or regulatory standard.

You acknowledge and agree that:

• The Service is a presentation tool, not a financial calculation engine of record
• All outputs are estimates and may differ from figures produced by loan origination systems, lender pricing engines, or official regulatory disclosures
• You bear full responsibility for the accuracy and compliance of any proposal you send to a client
• The Company has no liability for financial losses, regulatory penalties, client disputes, or any other damages arising from your reliance on the Service’s calculations without independent verification

8. Intellectual Property

8.1 Company Ownership

The Service, including all software, code, design, algorithms, documentation, branding, and related intellectual property, is and remains the exclusive property of the Company. These Terms do not transfer any ownership interest in the Service to you.

8.2 Your Content

You retain all ownership rights in the data, images, branding elements, and content you upload to or create through the Service (“Your Content”). By using the Service, you grant the Company a limited, non-exclusive, non-transferable license to store, display, and process Your Content solely for the purpose of providing the Service to you.

Upon account deletion or termination, this license terminates, and the Company will delete Your Content in accordance with our Privacy Policy.

8.3 Proposal Output

The formatted HTML proposals generated by the Service are your property. You may use, distribute, and modify proposal output for your business purposes without restriction. The Company claims no ownership interest in your proposal output, except that Free tier proposals include a beaconAI watermark that may not be removed.

8.4 Feedback

If you provide suggestions, ideas, or feedback regarding the Service, you grant the Company an unrestricted, perpetual, irrevocable, royalty-free license to use such feedback for any purpose, including improving the Service, without obligation to you.

9. Disclaimers

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. THE COMPANY SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND ACCURACY.

THE COMPANY DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE COMPANY DOES NOT WARRANT THE ACCURACY, RELIABILITY, OR COMPLETENESS OF ANY CALCULATIONS, DATA, OR CONTENT PROVIDED THROUGH THE SERVICE.

THE COMPANY IS NOT A LICENSED MORTGAGE LENDER, BROKER, OR FINANCIAL ADVISOR. THE SERVICE DOES NOT CONSTITUTE FINANCIAL, LEGAL, OR INVESTMENT ADVICE. NO INFORMATION PROVIDED THROUGH THE SERVICE SHOULD BE CONSTRUED AS A RECOMMENDATION TO MAKE OR REFRAIN FROM MAKING ANY PARTICULAR FINANCIAL DECISION.

10. Limitation of Liability

10.1 Exclusion of Damages

IN NO EVENT SHALL THE COMPANY, ITS OFFICERS, DIRECTORS, MEMBERS, EMPLOYEES, AGENTS, OR AFFILIATES BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOST PROFITS, LOST REVENUE, LOSS OF BUSINESS, LOSS OF GOODWILL, LOSS OF DATA, REGULATORY FINES OR PENALTIES, OR COST OF PROCUREMENT OF SUBSTITUTE SERVICES, ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF THE SERVICE, WHETHER BASED ON CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR ANY OTHER LEGAL THEORY, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

10.2 Cap on Liability

THE COMPANY’S TOTAL CUMULATIVE LIABILITY ARISING OUT OF OR RELATED TO THESE TERMS OR YOUR USE OF THE SERVICE, WHETHER IN CONTRACT, TORT, OR OTHERWISE, SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNTS PAID BY YOU TO THE COMPANY IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED DOLLARS ($100.00).

10.3 Specific Exclusion for Financial Losses

WITHOUT LIMITING THE FOREGOING, THE COMPANY SHALL HAVE NO LIABILITY FOR ANY FINANCIAL LOSSES, REGULATORY PENALTIES, CLIENT CLAIMS, LICENSING ACTIONS, OR OTHER DAMAGES ARISING FROM YOUR RELIANCE ON CALCULATIONS OR OUTPUTS GENERATED BY THE SERVICE. YOU ACKNOWLEDGE THAT THE SERVICE IS AN ESTIMATION TOOL AND THAT INDEPENDENT VERIFICATION OF ALL FIGURES IS YOUR SOLE RESPONSIBILITY.

10.4 Basis of the Bargain

You acknowledge that the Company has set its fees and entered into these Terms in reliance on the disclaimers and limitations of liability set forth herein, which form an essential basis of the bargain between the parties.

11. Indemnification

You agree to defend, indemnify, and hold harmless the Company and its officers, directors, members, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to:

• Your use of the Service or any proposal generated through the Service
• Your violation of these Terms or any applicable law or regulation
• Your violation of any rights of a third party
• Any claim by a borrower, client, or regulatory authority arising from a proposal you created or distributed using the Service
• Your failure to verify the accuracy of calculations or data before presenting them to clients
• Any representation that the Service’s output constitutes an official Loan Estimate or regulatory disclosure

12. Account Termination

12.1 Termination by You

You may terminate your account at any time by contacting us at dale@beaconai.ai or through your account settings. Termination does not entitle you to a refund of prepaid subscription fees.

12.2 Termination by Company

The Company may suspend or terminate your account, with or without notice, for any of the following reasons:

• Violation of these Terms, including the Acceptable Use provisions in Section 3
• Failure to pay subscription fees when due
• Failure to provide satisfactory evidence of licensing status upon request
• Fraudulent, deceptive, or abusive conduct
• At the Company’s sole discretion, for any reason, upon thirty (30) days’ written notice

12.3 Effect of Termination

Upon termination:

• Your access to the Service will cease immediately (or at the end of the notice period, as applicable)
• Your data will be deleted within thirty (30) days in accordance with our Privacy Policy
• The following sections survive termination: 7 (Broker Responsibility), 8 (Intellectual Property), 9 (Disclaimers), 10 (Limitation of Liability), 11 (Indemnification), 13 (Governing Law), and 14 (Dispute Resolution)

13. Governing Law and Venue

These Terms shall be governed by and construed in accordance with the laws of the State of Colorado, without regard to its conflict of law principles.

Any legal action or proceeding arising under or related to these Terms shall be brought exclusively in the state or federal courts located in Denver County, Colorado, and you hereby consent to the personal jurisdiction and venue of such courts.

14. Dispute Resolution

Before initiating any legal proceeding, you agree to first contact us at dale@beaconai.ai and attempt to resolve the dispute informally for a period of at least thirty (30) days.

If the dispute cannot be resolved informally, either party may initiate mediation through a professional mediation service mutually agreed upon by both parties, with costs shared equally. If the dispute remains unresolved after mediation (or if the parties cannot agree on a mediator within fifteen (15) days), either party may pursue litigation as provided in Section 13.

15. Future Features and Artificial Intelligence

The Company may introduce new features to the Service from time to time, including features that incorporate artificial intelligence or machine learning models. If AI-powered features are introduced:

• The Company will notify users of the introduction of AI features and their functionality
• AI-generated content (such as narrative summaries) will be clearly identified as AI-generated
• AI features will supplement, not replace, the deterministic calculations currently provided by the Service
• You remain solely responsible for reviewing and verifying all AI-generated content before presenting it to clients

The disclaimers and limitations of liability in these Terms apply to all current and future features of the Service.

16. General Provisions

16.1 Entire Agreement

These Terms, together with the Privacy Policy and any subscription confirmation, constitute the entire agreement between you and the Company regarding the Service and supersede all prior agreements and understandings.

16.2 Amendment

The Company may modify these Terms at any time. If we make material changes, we will provide at least thirty (30) days’ notice by posting a prominent notice within the Service or by email. Your continued use of the Service after the effective date of any changes constitutes acceptance of the updated Terms.

16.3 Severability

If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect, and the invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.

16.4 Waiver

No failure or delay by the Company in exercising any right under these Terms shall operate as a waiver of that right. A waiver of any provision on one occasion shall not be construed as a waiver of that provision on any subsequent occasion.

16.5 Assignment

You may not assign or transfer your rights or obligations under these Terms without the Company’s prior written consent. The Company may assign these Terms in connection with a merger, acquisition, or sale of all or substantially all of its assets.

16.6 Force Majeure

The Company shall not be liable for any failure or delay in performance due to causes beyond its reasonable control, including acts of God, natural disasters, utility failures, governmental actions, labor disputes, cyberattacks, or pandemic.

16.7 Notices

Notices from the Company to you may be sent to the email address associated with your account. Notices from you to the Company should be sent to dale@beaconai.ai.

16.8 No Third-Party Beneficiaries

These Terms do not create any third-party beneficiary rights. No borrower, consumer, or other third party has any rights under these Terms.

17. Contact Information

Questions about these Terms should be directed to:

Myska Family Office LLC dba beaconAI
Email: dale@beaconai.ai
Denver, Colorado