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Mortgage News

Why Pay Points on a Mortgage?

11 years ago
When you are shopping for a mortgage you will hear the term points and learn that they are an expense…
Mortgage News

Should You Lease or Buy Your Car?

11 years ago
The choice to lease or buy your car may seem like an obvious one. Unfortunately the answer that is obvious…
Mortgage News

Five Smart Moves A First Time Buyer Should Consider

11 years ago
Get Familiar With The Territory As daunting as it may seem before you start, there are only a finite number…
Mortgage News

Buying Real Estate For Rental Income

11 years ago
Buying real estate for rental income is one place to put your money that has historically been considered a good,…
Mortgage News

Three Things You Should Know To Sell Your Home Faster

11 years ago
In a declining real estate market, where the competition for buyers is fierce and the supply outruns the demand, you…
Mortgage News

How Mortgage Backed Securities Affect Mortgage Rates

11 years ago
This article is intended to help the reader understand the cryptic sounding term mortgage backed securities or MBSs and how…
Mortgage News

Gross Domestic Product Basics And The Meaning Of GDP

11 years ago
GDP or gross domestic product is used to judge the national economic output. It puts a number to the quantity…
Mortgage News

What Is A Homeowners Association Or HOA?

11 years ago
Homeowners associations, or simply HOAs, are corporations or the legal entities set up by real estate developers in order to…
Mortgage News

Mortgage Lock Basics

11 years ago
So what do you prefer, something certain, a rate on a home loan that is fix, while you hunt for…
Mortgage News

Refinance Basics: Should I Refinance My Home Loan?

11 years ago
Two Main Reasons To Refinance Your Home Loan There are several reasons you might consider refinancing your home loan but…
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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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