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.
The 10 Fundamental Truths of a Modern LO
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.
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.
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.
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The Modern Loan Officer is not a subsidiary or affiliate of Bay Capital Mortgage Corporation.
