Final Order — Mortgage Lender

Index: OFR 2026-238
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
GRC LENDING LLC, and
SERGIO FELIX GUTIERREZ,
Case Number: 134700
Respondents.
FINAL ORDER
This cause came on for consideration and final agency action. Upon review of the record and being otherwise fu1ly advised in the premises, the Office of Financial Regulation ("Office") hereby finds:

1. The Office has jurisdiction over the subject matter of this case and the parties
   hereto.
2. The entry of this Final Order concludes the above-referenced matter.
   ORDERED:
   A. The Stipulation and Consent Agreement (Exhibit A) is hereby approved and incorporated by reference as if fully stated herein and is adopted as the Office's Findings of Fact and Conclusions of Law. B. The parties shall comply with all terms of the Stipulation and Consent Agreement. DONE and ORDERED this 6 +Li day of May, 2026, in Ta1lahassee, Leon County, Florida. Commissioner

CERTIFICATE OF SERVICE
I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been furnished by email to GRC Lending LLC and Sergio Felix Gutierrez at:
sergio@grclending.com, on this 6-fn. day of May, 2026.
2 ation
4-8050
Email: Agency.Clerk@flofr.gov
Tel: (850) 410-9889

STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
GRC LENDING LLC and
SERGIO FELIX GUTIERREZ,
Respondents.
Exhibit A
Case Number: 134700
STIPULATION AND CONSENT AGREEMENT
The State of Florida, Office of Financial Regulation ("Office"), and GRC LENDING LLC and SERGIO FELIX GUTIERREZ ("Respondents"}, in consideration of the mutual promises herein, recite, stipulate, and agree as follows:

1. Background. At all times material hereto, GRC Lending LLC, is and has been a
   mortgage lender pursuant to chapter 494, Florida Statutes, having been issued license number MLD2015. At all times material, Sergio Felix Gutierrez is and has been the President and Sole Owner of GRC Lending LLC. The Office conducted an examination {No. 133208) to ascertain Respondents' compliance with chapter 494, Florida Statutes. In lieu of initiating a formal proceeding, the parties are herein resolving the matters at issue.
2. Jurisdiction. The Office is the state agency charged with the administration and
   enforcement of chapter 494, Florida Statutes, and the rules promulgated thereunder. The Office has jurisdiction to bring this administrative action against Respondents pursuant to chapter 494, Florida Statutes.
3. Findings. For purposes of this Stipulation and Consent Agreement, Respondents
   codsent to the Office making the following finding:

a) Respondents failed to timely submit a Financial Audit Report for the year ending on December 31, 2024, as required by ss. 494.001 - 494.0077, Florida Statutes, in violation of section 494.0063, Florida Statutes.
4. Terms and Conditions. The parties agree that the issues raised can be
expeditiously resolved without further litigation by the execution of this Stipulation and Consent Agreement. The parties acknowledge that they have read this Stipulation and Consent Agreement and fully understand the rights, obligations, terms, duties, and responsibilities with respect to its contents. Therefore, in compromise and settlement of the foregoing findings and in consideration of the Office's forbearance from further litigation, Respondents agree to the following terms and conditions:
a. FUTURE COMPLIANCE. Respondents agree that they shall cease and desist from future violations of chapter 494, Florida Statutes, and the rules promulgated thereunder, and comply with all the provisions of chapter 494, Florida Statutes, and the rules promulgated pursuant thereto. b. ADMINISTRATIVE FINE. Respondents agree to pay the Office an administrative fine in the amount of One Thousand Two Hundred Fifty Dollars ($1,250.00) to be paid at the time of the execution and delivery of this Stipulation and Consent Agreement. This administrative fine shall be submitted in the form of a wire, cashier's check or money order made payable to "Office of Financial Regulation." Such payment shall reference Case Number 134 700 and shall be sent to the attention of Agency Clerk - c/o Damaris E. Reynolds, Post Office Box 8050, Tallahassee, Florida 32314-8050. Respondents acknowledge and agree that in accordance with section 215.31, Florida Statutes, regarding the deposit of monies, (i) the tendered fine or settlement check may be deposited in advance of full execution 2

or acceptance of the Stipulation and Consent Agreement; and (ii) such deposit shall not be construed as a final acceptance of the Stipulation and Consent Agreement absent full execution thereof and entry of a Final Order adopting same.
5. Final Order. Respondents consent to the entry of a Final Order, which incorporates
the terms of this Stipulation and Consent Agreement. Respondents understand and agree that this Stipulation and Consent Agreement is subject to the final approval of the Office of Financial Regulation and the entry of the Final Order adopting such Agreement. In the event that the Final Order is not entered, this Stipulation and Consent Agreement shall be null and void. The Final Order incorporating this Stipulation and Consent Agreement constitutes final action by the Office for which the Office may seek enforcement pursuant to the provisions of chapters 494 and 120, Florida Statutes.
6. Waiver. By Respondents' consent to the entry of a Final Order with respect to this
proceeding, Respondents waive:
a) Any right to separately stated Findings of Fact and Conclusions of Law; b) Any right to receipt of a Notice of Rights pursuant to chapter 120, Florida Statutes; c) Any right to an administrative hearing or issuance of a Recommended Order pursuant to chapter 120, Florida Statutes; and d) Any right to contest in any administrative forum or judicial proceeding (including, but not limited to, an appeal pursuant to section 120.68, Florida Statutes) the validity of any term, condition, obligation, or duty expressly created in this Stipulation and Consent Agreement and the Final Order. 3

7. Releases. Upon full execution of this Stipulation and Consent Agreement,
   Respondents waive, release, and forever discharge the Office and its agents, representatives, and employees from any and all causes of action, in law or in equity, which Respondents may have arising out of this matter. The Office accepts this release and waiver by Respondents on behalf of itself, its agents, representatives, and employees without acknowledging, and expressly denying, that any such right or cause of action may exist.
8. Failure to Complv. Respondents acknowledge, concur, and stipulate that
   Respondents' failure to comply with any of the terms, obligations, and conditions of this Stipulation and Consent Agreement, and the Final Order adopting it, is a violation of the written agreement and the Final Order entered pursuant to chapters 120 and 494, Florida Statutes. Such non-compliance may result in the issuance of an emergency cease and desist order. However, nothing herein shall be construed to limit Respondents' right to contest any finding or determination of non-compliance.
9. Attorney's Fees. Each party herein shall be solely responsible for its separate costs
   and attorney's fees incurred in the prosecution, defense, or negotiations in this matter up to and including the entry of the Final Order adopting this Stipulation and Consent Agreement.
10. Severability. The parties agree that if any provision of this Stipulation and Consent
    Agreement or the application thereof to any person or circumstance is held invalid, the Stipulation and Consent Agreement will be given effect without the invalid provision, and to this end, the provisions of this Stipulation and Consent Agreement are declared severable.
11. Counterparts. This Stipulation and Consent Agreement may be executed in any
    number of counterparts, and by the parties in separate counterparts, each of which will be deemed to be an original but all of which together will constitute but one Stipulation and Consent 4

Agreement. Copies of this Stipulation and Consent Agreement transmitted by facsimile or electronic mail shall have the same validity as if bearing an original signature.
12. Entire Agreement. This Stipulation and Consent Agreement represents the entire
agreement by and between Respondents and the Office. Any alterations, variations, changes, modifications, or waivers of the provisions hereof shall be valid only when they have been reduced to writing, duly signed by the Office and Respondents hereto, attached to the original of this Stipulation and Consent Agreement, and subject to the approval of the Office. WHEREFORE, in consideration of the foregoing, the Office and Respondents execute this Stipulation and Consent Agreement for entry of a Final Order on the last date executed below. {this space intentionally left blank with signatures appearing on the following page} 5

Date: ½ [,) ! 2-c. ----<--,f--~ "-7r---=---=:;..__-- Name: Sergio Felix Gutierrez Title: President and Sole Owner State of 'F / t;a-Jlg').- County of J. r /, 1 1 6,: I r, ) .• .J)~ Sergio Felix Gutierrez, as President and Sole Owner of GRC Lending LLC, BEFORE ME by means of 1 11( physical presence or D online notarization, has sworn ( or affirmed) that he has read and understands the foregoing agreement and voluntarily signed the same. SWORN TO AND SUBSCRIBED before me this 7;(;, day of \ I Check the appropriate box:
Personally known ~
OR Produced Identification D
Type of identification produced @ Driver's License D Passport D Other ___ ___ _ (Do not include ID number) 6 1 ,2026.

Date: __ '() '2 'it /4 b .........,., ---,7<--- - --- Name: Sergio Felix Gutierrez State of [ /0,2. 1/A-- County of /4:f. ,// ., ; ) <~ Sergio Felix Gutierrez, BEFORE ME by means of,..iz(p'hysical presence or D online notarization, has sworn ( or affirmed) that he has read and understands the foregoing agreement and voluntarily signed the same. SWORN TO AND SUBSCRIBED before me this 1M day of--1-f-'-1--,:..+/;:;...__ ___ ., 2026. ~l Check the appropriate box:
Personally known EfJ￾OR Produced Identification D Type of identification produced fi], Driver's License 0 Passport D Other _ __ _ (Do not include ID number) 'I.,, t.)t ERIC GARCIA l}, Notary Public-Staie of Florida i = Commissio!' #_ HH 413004 l,i., °""'~ My Comm,ss,on Expires '''""'' June 20, 2027 OFFICE OF FINANCIAL REGULATION f3d/t~-uit,, for Gregory C. Oaks 5/4/2026 Date:
Gregory C. Oaks, Director
Division of Consumer Finance
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