Disclosures & Licenses
Loanpal operates as a DBA under the entity and licenses of Paramount Equity Mortgage®, LLC. loanpal is approved to operate in the following states:
STATE — LICENSE # — LICENSE TYPE
- Arizona — #0935960 — Mortgage Banker License – Other Trade Name # 1
- California — #4170047 — Residential Mortgage Lending Act License
- Colorado — Mortgage Company Registration
- Connecticut — #ML030336 — Connecticut Mortgage Lender License
- D.C. — #MLB30336 — Dual Authority License
- Florida — #MLD898 — Mortgage Lender Servicer License
- Georgia — #42733 — Department of Banking and Finance Georgia Mortgage Lender License
- Kansas — #MC.0025206 — Mortgage Company License
- Maryland — #22077 — Paramount Equity Mortgage®, LLC Maryland Mortgage Lender License Other Trade Name #1
- Missouri - 16-2269 — Missouri Company Registration
- Nevada — #3919 — Banker Branch License
- Nevada — #4260 — Broker Branch License
- New Jersey — Residential Mortgage Lender License
- New Mexico — Mortgage Loan Company License
- North Carolina - North Carolina Mortgage Lender License Number L-165599
- Ohio — MBMB.850271.000 — OH Mortgage Broker Act Mortgage Banker Exemption
- Ohio — SM.501942.000 — OH Mortgage Loan Act Certificate of Registration
- Oregon — #ML-3256 — Mortgage Lending License
- Pennsylvania — #52769 — Mortgage Lender License
- South Carolina — #MLS-30336 — South Carolina Board of Financial Institutions Mortgage Lender/Servicer License
- Texas — SML Mortgage Banker Registration
- Utah - DRE (OTN #2) — #9573336 — Mortgage Entity License OTN #2
- Virginia — #MC-5267 — Broker License
- Virginia — #MC-5267 — Lender License
- Washington - #CL-303336 — Consumer Loan Company License
- Wisconsin — #30336BA — Mortgage Banker License
USA Patriot Act Notice
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OBTAINING A MORTGAGE LOAN
To help us prevent fraud and to help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who applies for and/or obtains a mortgage loan.
What this means to you: When you apply for and/or obtain a mortgage loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
The information being requested and observed is for compliance with the requirements of Section 326 of the USA Patriot Act implementing customer identification, and verification requirements.
Our Privacy Policy and Federal law will protect your identification.
Equal Housing Lender
We do business in accordance with federal Fair Lending Laws.
Under the federal Fair Housing Act, it is illegal, on the basis of race, color, national origin, religion, sex, handicap, or familial status (having children under the age of 18), to:
- Deny an loan for the purpose of purchasing, constructing, improving, repairing, or maintaining a dwelling any loan secured by a dwelling; or
- Discriminate in fixing the amount, interest rate, duration, application procedure, or other terms or conditions of such a loan, or in appraising property.
If you believe you have been discriminated against, you should send a complaint to:
Assistant Secretary of Fair Housing and Equal Opportunity
Department of Housing and Urban Development
Washington, DC 20410
Or call (800) 669-9777 / (800) 927-9275 (TDD)
and to
Federal Trade Commission
Equal Credit Opportunity
Washington DC 20580
Under the Equal Credit Opportunity Act, it is illegal to discriminate in any credit transaction:
- On the basis of race, color, national origin, religion, sex, marital status, or age;
- Because income is from public assistance; or
- Because a right was exercised under the Consumer Credit Protection Act.
If you believe you have been discriminated against, you should send a complaint to:
Federal Trade Commission
Equal Credit Opportunity
Washington DC 20580
