Drop Mortgage, Inc. Disclosures and License Information
Drop Mortgage 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 the basis of race, color, religion, national origin, sex, military status, marital status, age, or because you get public assistance. All the 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
FundLoans Capital dba Drop Mortgage is a licensed mortgage lender NMLS # 1202262. FundLoans Capital is licensed in the following states:
Arizona – Arizona Mortgage Broker License No. 0932084.
Arizona – Arizona Mortgage Broker License – Other Trade Name #1 License No. 0950816
California – DRE Real Estate Corporation License Endorsement No. 01523132.
California – California Department of Business Oversight under the California Finance Lenders Law, License No. 60DBO46086.
Colorado – Regulated by the Division of Real Estate.
Florida – Florida Mortgage Lender Servicer License No. MLD1392.
Georgia – Georgia Mortgage Lender License/Registration No.62287.
Hawaii – Hawaii Mortgage Loan Originator Company License No. HI-1202262.
Office: 91-1191 Kaiau Ave #1602,Kapolei, HI. 96707; 1-808-388-9762; Hours: 11:00 am to 2:00 pm
Idaho – Idaho Mortgage Broker/Lender No: MBL-2081202262.
Michigan – Michigan 1st Mortgage Broker/Lender License No. FL0021626.
Montana – Montana Mortgage Lender License No.1202262.
Oregon – Oregon Mortgage Lending License No. ML-5406.
Texas – Texas-SML Mortgage Company License. 21750 Hardy Oak Blvd, Ste. 102, San Antonio, TX 78258.
Utah – DFI Residential First Mortgage Notification.
Washington – Washington Consumer Loan Company License No. CL-1202262.
Wyoming – Wyoming Mortgage Lender/Broker License No. 3200.
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.