Ouida Bailey
1801 E. Main Street Suite C
Alice, TX
78332
Office: (361) 661-1285
Cell:
Fax: (361) 396-0055
Email: obailey@fcmchou.com
License: NMLS # 218436
Thirty-plus years in the Mortgage Industry has taught me the importance of customer service. I have experience in all phases of this business and this unique understanding is one of the ways that I can tailor your mortgage to your specific needs. Whether your needs are refinancing, purchase of residential, farm and ranch, raw land or the unique challenge of the first-time home buyer, I have the knowledge to make your buying experience a pleasant one.
I’m a believer that experience, honesty, integrity and ethics speak volumes in the mortgage lending business. My tenure as a loan officer is based on the practice of these virtues.
Consumer Complaint and Mortgage Broker Recovery Fund Notice
PURSUANT TO THE REQUIREMENTS OF SECTION 157.007 OF THE TEXAS MORTGAGE BANKER ACT, CHAPTER 157, TEXAS FINANCE CODE, YOU ARE HEREBY NOTIFIED OF THE FOLLOWING: COMPLAINTS REGARDING A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD BE SENT TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT www.sml.texas.gov.