Important Disclosures from Atlantic Bay Mortgage Group L.L.C.
THE FEDERAL EQUAL CREDIT OPPORTUNITY ACT (ECOA) NOTICE
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract): because all or part of the applicant’s income is derived from a public assistance program; or because the applicant has in good faith exercised any rights under the Consumer Credit Protection Act. The Federal Agency that administers compliance with this law concerning this creditor is: Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580. We are required to disclose to you that you need not disclose income from alimony, child support or separate maintenance payment if you choose not to do so.
Under ECOA, we will ask you to confirm your intent to apply jointly for credit if you wish to have a co-borrower.
US PATRIOT ACT — IDENTIFICATION DOCUMENT REQUIREMENTS
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 every customer. What this means to you: When you apply for a 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 a valid form of identification; including, but not limited to your driver’s license or other identifying documents; including, but not limited to:
- A valid driver’s license
- A valid state identification card
- Military identification card
- Un-expired passport
- Non-resident alien card
Other forms of identification may be acceptable in certain situations.
FOR RESIDENTS OF TEXAS:
IN TEXAS – 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 N. 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.
Atlantic Bay Mortgage Group, L.L.C. is licensed in the following states:
|Alabama||Consumer Credit License/Registration #22064State Banking Department of Alabama|
|California||California Residential Mortgage Lender LicenseLicense #41DBO-60301 - Department of Business Oversight|
|Colorado||Mortgage Company License/Registration # NoneColorado Department of Regulatory Agencies-Department of Real Estate|
|Connecticut||Mortgage Lender License/Registration # ML-72043Connecticut Department of Banking|
|Dist.of Columbia||Mortgage Lender License/Registration # MLB72043District of Columbia Department of Insurance, Securities of Banking Bureau|
|Delaware||Lender License/Registration # 020001Delaware Office of the State Bank Commissioner|
|Florida||Mortgage Lender License/Registration # MLD176Mortgage Lender Servicer License/Registration # MLD1359Florida Office of Financial Regulation|
|Georgia||Mortgage Lender License/Registration # 44971Georgia Department of Banking and Finance|
|Idaho||Mortgage Broker/ Lender License/Registration # MBL-8572Idaho Department of Finance|
|Illinois||Residential Mortgage License/Registration # MB.6761171Illinois Department of Financial and Professional Regulation|
|Indiana||First Lien Mortgage Lending License/Registration # 31734Indiana Department of Financial Institutions|
|Kansas||Mortgage Company License/Registration #MC.0025278Kansas Office of the State Bank Commissioner|
|Kentucky||Mortgage Company License/Registration # MC321520Kentucky Department of Financial Institutions|
|Louisiana||Residential Mortgage Lending LicenseNo license number, Office of Financial Institutions|
|Maryland||Mortgage Lender License/Registration # 19402Maryland Office of the Commissioner of Financial Regulation|
|Michigan||1st Mortgage Broker/ Lender License/Registration # FR00201902nd Mortgage Broker/ Lender License/ Registration#SR0020191Michigan Department of Insurance and Financial Services|
|Minnesota||Residential Mortgage Originator License # MN-MO-72043Residential Mortgage Originator License Other Trade Name #1 MN-MO-72043.1Residential Mortgage Originator License Other Trade Name #2 MN-MO-72043.2Residential Mortgage Originator License #3 MN-MO-72043.3Residential Mortgage Originator License Other Trade Name #4 MN-MO-72043 Minnesota Department of Commerce|
|Mississippi||Mortgage Lender License/Registration # 72403Mississippi Department of Banking Consumer Finance|
|North Carolina||Mortgage Lender License/Registration # L-111843North Carolina Commissioner of Banks Office|
|New Jersey||Residential Mortgage Lender License/Registration # NoneNew Jersey Department of Banking and Insurance|
|New Hampshire||Mortgage Banker License/Registration # 20688-MBNew Hampshire Banking Department|
|New Mexico||Mortgage Loan Company License # NoneNew Mexico Financial Institutions Division|
|Ohio||Mortgage Broker Act Mortgage Banker Exemption#MBMB.850242.000 Mortgage Loan Act Certificate of Registration #SM.501981.000Ohio Division of Financial Institutions, Consumer Finance|
|Oregon||Mortgage Lending License #ML-5438Oklahoma Department of Consumer Credit Licensing|
|Pennsylvania||Mortgage Lender License#40980Pennsylvania Department of Banking and Securities|
|South Carolina||Mortgage Lender / Servicer License #MLS – 72043Mortgage Lender/Servicer License Other Trade Name#1MLS-72043 OTN #1Mortgage Lender/Servicer License - Other Trade Name#2 #MLS -72043 OTN #2Mortgage Lender/Servicer License - Other Trade Name#3 # MLS - 72043 OTN #3Mortgage Lender/Servicer License - Other Trade Name #4 # MLS - 72043 OTN #4Mortgage Lender/Servicer License - Other Trade Name #5 # MLS - 72043 OTN #5Mortgage Lender/Servicer License - Other Trade Name #6 # MLS - 72043 OTN #6South Carolina Consumer Finance Division of the Board of Financial Institutions|
|Tennessee||Mortgage License #110358Tennessee Department of Financial Institutions|
|Texas||Mortgage Company License #NoneResidential Mortgage Loan Servicer Registration #None Texas Department of Savings and Mortgage Lending|
|Utah||Residential First Mortgage Notification # NoneMortgage Entity License # 8728158Mortgage Entity License - Other Trade Name #1 #8861467Mortgage Entity License - Other Trade Name #2 ##8728158Mortgage Entity License - Other Trade Name #3 #10373509/span>Utah Division of Real Estate|
|Virginia||Broker License #MC-936Lender License #MC-936Virginia Bureau of Financial Institutions|
|Washington||Consumer Loan Company License #CL-72043Washington Department of Financial Institutions Division of Consumer Services|
|Wisconsin||Mortgage Banker License #72043BAState of Wisconsin Department of Financial Institutions|
|West Virginia||Mortgage Lender License #ML-30542West Virginia Division of Financial Institutions|