Disclosures & Licenses

Paramount Equity Mortgage® is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, martial status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.

Paramount Equity Mortgage®’s State Disclosure Requirements

Paramount Equity Mortgage® NMLS #30336 is licensed or registered in the following states:

  • Arizona – Paramount Equity Mortgage®, LLC; NMLS #30336; 8781 Sierra College Blvd. Roseville, CA 95678 916-290-9999; Arizona Mortgage Banker License #0922160
  • California – Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License #4170047
  • Colorado – Colorado Mortgage Company Registration  NMLS# 30336
  • Connecticut – Paramount Equity Mortgage®, LLC NMLS #30336 Connecticut Mortgage Lender License # ML-30336
  • D.C. – DC Mortgage Dual Authority License #MLD30336
  • Florida – Paramount Equity Mortgage®, LLC NMLS #30336 Florida Mortgage Lender Servicer License # MLD898
  • Hawaii - Hawaii Mortgage Servicer License  #MS136
  • Idaho - Idaho Mortgage Broker/Lender License 52769
  • Kansas – Paramount Equity Mortgage®, LLC NMLS #30336 Kansas licensed mortgage company License # MC.0025206
  • Maryland – Paramount Equity Mortgage®, LLC Mortgage Lender License # 21172
  • Nevada – Nevada Broker License  #4260
  • New Jersey – New Jersey Residential Mortgage Lender License  NMLS# 30336
  • New Mexico – New Mexico Mortgage Loan Company License  NMLS# 30336
  • Oregon – Paramount Equity Mortgage®, LLC NMLS #30336 8781 Sierra College Blvd. Roseville, CA 95678 Oregon Mortgage Lender License #ML-3256
  • Pennsylvania – PA Mortgage Lender License #52769
  • Texas –Texas SML Mortgage Banker Registration  NMLS# 30336; Texas SML Residential Mortgage Loan Servicer Registration NMLS# 30336
  • Utah – Utah DRE Mortgage Entity License #6967176; Utah DRE Mortgage Entity License Other Trade Name#1  #9572003; Utah DRE Mortgage Entity License Other Trade Name#2  #9573336
  • Washington – Paramount Equity Mortgage®, LLC NMLS ID #30336 Washington Consumer Loan Company License #CL-30336
  • Wisconsin – Wisconsin Mortgage Broker License  #30336BR; Wisconsin Mortgage Banker License #30336BA

TEXAS MORTGAGE BANKER DISCLOSURE

Residential Mortgage Loan Originator: Paramount Equity Mortgage®, LLC NMLS ID: 30336

Pursuant to the requirements of Section 157.007 of the Mortgage Banker Registration and Residential Mortgage Loan Originator License Act, Chapter 157, Texas Finance Code, you are hereby notified of the following:

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 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 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.

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

For processing under the FDIC Regulations
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