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Mortgage News

What To Expect With Real Estate Inspections

10 years ago
Congratulations on buying your first home after probably weeks and even months of shopping around for the perfect one. But…
Mortgage News

Should You Have Real Estate In Your Investment Portfolio?

10 years ago
Jumping In To Real Estate Investing There’s no doubt that the real estate market is a hot one, with short…
Mortgage News

What Happens On Moving Day Depends On Preparation

10 years ago
Like other days such as weddings and graduations, moving day is not just a date on the calendar. And like…
Mortgage News

Things You Should Not Do Before Purchasing a Home

10 years ago
Owning your own home is one of the great pleasures and privileges of the modern world. All too often potential…
Mortgage News

Credit Card Debt: Three Tips To Help Reduce It

10 years ago
More always seems to be better in this age of materialistic consumerism. Who doesn’t dream of owning a lovely house…
Mortgage News

What Happened With Subprime Mortgages In 2007 And Can It Happen Again?

10 years ago
Owning your own home is part of the American Dream, but the mortgage crisis in 2007 literally shattered that one hope…
Mortgage News

Why Employment And Jobs Data Affect Mortgage Rates

10 years ago
Features of the main financial sectors of the economy are deeply interlinked. When you look at the figures for one…
Mortgage News

3 Steps When the Appraisal Comes in Low

10 years ago
Its one of those things that make you stop and do a double take. When the appraisal comes in low…
Mortgage News

FICO Scores And Why You Should Care About Yours

10 years ago
For the last fifty years or so the Fair Isaac Corporation has been publishing some very useful financial information based on the credit reports of…
Mortgage News

Three Additional Ways To Respond To A Low Appraisal

10 years ago
The number one cause of cancelation of a real estate sale is the lender receiving a low appraisal in response…
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NMLS ID# 1823586, Licensed by California BRE Lic #01311868, California DFPI Finance Lenders Law License 60DBO93907, Colorado Mortgage Company Registration, Florida Mortgage Broker License MBR3758, Licensed by Georgia Department of Banking and Finance – GRMA#1823586, Maryland Mortgage License 06-24526, North Carolina Mortgage Broker License B197971, South Carolina – DCA Mortgage Broker License, Texas SML Mortgage Company License, Virginia Broker License MC-7108

NMLS Consumer Access Website

Consumers wishing to file a complaint against a company or a 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 residentialmortgage 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.

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