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Mortgage News

Should You Lease or Buy a Car: Ownership or Rental?

12 years ago
Whether you should lease or buy a car depends on both the car and you!  Owning your car might seem…
Mortgage News

What is an FHA Loan: VA and FHA Mortgage Insurance

12 years ago
What is an FHA loan? The quick answer is that an FHA loan that is backed by the FHA. VA…
Mortgage News

Mortgage Questions: Prepaid Interest and Escrow Accounts

12 years ago
This mortgage questions post will cover the topics of prepayment. Several questions we have received have related to the topics…
Mortgage News

The Best Shutters: Some Tips on Choosing Shutters

12 years ago
The best shutters are those that combine functionality, endurance and design, but what came first – the window or the…
Mortgage News

Fed Reserve Basics: What is the Federal Reserve?

12 years ago
The question ‘What is the Federal Reserve?’ has been asked countless times by countless news watchers and home owners that…
Mortgage News

Mortgage Questions: Mortgage Terminology Explained

12 years ago
The mortgage questions we are asked are often based upon mortgage terminology. Some terminology is difficult to understand. We will…
Mortgage News

Mortgage Escrow: What are Escrow Services for Mortgages?

12 years ago
Mortgage escrow is a term used when money is placed into a third party account for further use with a…
Mortgage News

Property Investment: Real Estate Investment in Your Portfolio

12 years ago
Property investment can be volatile, so should real estate investment be a component of your portfolio?  The problems of the…
Mortgage News

Jumbo Mortgages: What is a Jumbo Mortgage and Why Have One?

12 years ago
Jumbo mortgages are mortgage loans that are higher than the normal mortgage loan limits. It is not an arbitrary figure,…
Mortgage News

HUD Homes and FHA Loans for Adverse Credit Mortgages

12 years ago
HUD homes and FHA loans can be used to enable those with low FICO scores to get adverse credit mortgages.…
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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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