Legal

Equal Housing Disclosures

Drop Mortgage, Inc. dba is an Equal Housing Lender. Drop Mortgage does not discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided an applicant have the capacity to enter into a binding contract), because all or part of an applicant’s income may be derived from any public assistance program, or because an applicant has, in good faith, exercised any right under the Consumer Credit Protection Act, or on any other basis prohibited by law.

Texas Required Disclosure

Texas – 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 N. 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.

(Disclosures: LAST REVISED 9/6/18)

Licenses

Drop Mortgage, Inc. is a licensed mortgage lender NMLS ID# 1202262. Drop Mortgage, Inc. is licensed in the following states:
Arizona Arizona Mortgage Broker License No. 0932084
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
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
Utah DFI Residential First Mortgage Notification
Washington Washington Consumer Loan Company License No. CL-1202262
Wyoming Wyoming Mortgage Lender/Broker License No. 3200
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Drop Mortgage,​​​​​​​ Inc
CA Bur of Real Estate Broker #01523132
NMLS #1202262

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