Licensing and Disclosures
Fund Loans is a DBA of Drop Mortgage, Inc.
Drop Mortgage, Inc. is an Equal Housing Lender and licensed mortgage broker. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other Federal regulations. All applicants applying for credit from Drop Mortgage will never be discouraged on on the basis of race, color, religion, national origin, sex, military status ,marital status, age, or because you get public assistance. All information we request is voluntary, and will be kept confidential.
For more information on the ECOA, please visit: http://www.ftc.gov/bcp/conline/pubs/credit/ecoa.shtm
Additional Drop Mortgage, Inc Disclosure Requirements
Drop Mortgage, Inc. is a licensed mortgage lender. Some states require specific licensing information, which is found below.
Drop Mortgage, Inc – NMLS ID 1202262
Arizona: Drop Mortgage, Inc. – 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254 Mortgage Brokers License #0932084
California: Licensed by the Department of Business Oversight, Division of Corporations under the California Residential Mortgage Lending Act License number 60DBO46086
Colorado: Regulated by the Division of Real Estate
Oregon: Mortgage Lending License ML-5406
Washington: Consumer Loan Company License CL-1202262
Texas: For Texas Consumers Only: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. 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 MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. 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 WEBSITE AT WWW.SML.TEXAS.GOV.
This is a business to business communication and is intended for industry professionals only. This is not intended to be distributed to the consumer or the general public.
**FOR PROFESSIONAL USE ONLY**
This is a business to business communication and is intended for industry professionals only.
This is NOT INTENDED TO BE DISTRIBUTED TO THE CONSUMER OR THE GENERAL PUBLIC.