License Information

Drop Mortgage, Inc. Disclosures and License Information

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 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

Drop Mortgage, Inc. is a licensed mortgage lender. Some states require specific licensing information, which is found below.

Drop Mortgage, Inc – NMLS ID 2611

Arizona Drop Mortgage, Inc. – 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254 Mortgage Brokers License #0932084

California Department of Business Oversight under the California Finance Lenders Law, License No. 60DBO46086.

DRE Real Estate Corporation License Endorsement No. 01523132

Colorado Regulated by the Division of Real Estate

Florida Mortgage Lender Servicer License No. MLD1392

Hawaii Mortgage Loan Originator Company License No. HI-1202262

Idaho MBL-2081202262

Michigan 1st Mortgage Broker/Lender License No. FL0021626

Montana Mortgage Lender License No.1202262

Oregon Mortgage Lending License No. ML-5406

Texas SML Mortgage Company License. Texas: 21750 Hardy Oak Blvd, Ste. 102 #9 San Antonio, TX 78258; P: 210.957.7927; Branch NMLS ID: 1272392

Utah DFI Residential First Mortgage Notification

Washington Consumer Loan Company License No. CL-1202262

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.