Last updated: May 2026
By accessing or using UOME Lending ('the Service'), you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the Service. UOME Lending is operated by UOME Lending LLC ('Company', 'we', 'us', or 'our').
UOME Lending is a loan servicing software platform that enables private lenders and owner finance sellers to manage loans, collect payments, track draws, and generate tax documents. We are a software provider only — we do not originate loans, provide lending capital, or act as a financial institution.
You are solely responsible for ensuring your lending activities comply with all applicable federal, state, and local laws and regulations, including but not limited to mortgage lending laws, licensing requirements, and consumer protection laws. UOME Lending provides software tools only and does not provide legal or financial advice. Users who originate three or more owner-financed transactions per year may be subject to Dodd-Frank Act regulations and may be required to obtain a Mortgage Loan Originator (MLO) license.
UOME Lending is free for lenders to use. We charge a 0.5% platform fee on each ACH payment processed through the Service by your borrowers. This fee is automatically deducted from each payment before funds are transferred to your connected Stripe bank account. For example, on a $1,500 payment, UOME retains $7.50 and you receive $1,492.50. There are no monthly subscription fees, setup fees, or per-loan charges.
The 0.5% platform fee applies to all ACH payments collected through UOME Lending. This fee covers payment processing infrastructure, platform maintenance, and ongoing development. Stripe's standard ACH processing fees are separate and also apply to each transaction. You can view your total fees collected in your billing dashboard.
You retain ownership of all data you enter into the Service. We will not sell your data or your borrowers' data to third parties. We use industry-standard security measures to protect your data. By using the Service you consent to our collection and use of data as described in our Privacy Policy.
Payment processing is provided by Stripe, Inc. By using our payment features you agree to Stripe's Terms of Service. ACH payments typically settle within 1-5 business days. We are not responsible for failed or reversed payments. You are responsible for obtaining proper authorization from borrowers before initiating ACH debits.
You may not use UOME Lending for any unlawful purpose, to violate any applicable laws or regulations, to harass or harm any person, to transmit fraudulent information, or to engage in predatory lending practices. We reserve the right to terminate accounts that violate these terms.
The Service is provided 'as is' without warranty of any kind. We do not warrant that the Service will be uninterrupted, error-free, or completely secure. We are not responsible for any errors in tax documents generated by the Service — you should consult a tax professional for filing assistance. 1098 mortgage interest statements generated by the Service are provided as a convenience tool only. You are responsible for verifying all figures and for proper IRS filing. UOME Lending is not a licensed tax service.
To the maximum extent permitted by law, UOME Lending shall not be liable for any indirect, incidental, special, consequential, or punitive damages. Our total liability to you shall not exceed the amount you paid us in the 12 months preceding the claim.
These terms shall be governed by the laws of the State of Texas, without regard to its conflict of law provisions. Any disputes shall be resolved in the courts of Texas.
We reserve the right to modify these terms at any time. We will notify users of material changes via email or a notice on the platform. Continued use of the Service after changes constitutes acceptance of the new terms.
For questions about these Terms of Service, contact us at hello@uomelending.com.