Prospect Financial Group, Inc. Disclosures and License Information
Prospect Financial Group, Inc. 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, marital 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.
Prospect Financial Group, Inc. State Disclosure Requirements
Prospect Financial Group, Inc. is a licensed mortgage broker. State disclosure of licensing information:
California – BRE Real Estate Corporation License Endorsement, License #01779147. Licensed by Dept. of Business Oversight, under the CA Residential Mortgage Lending Act, License #60DBO45222;
Colorado – Prospect Financial Group, Inc., NMLS #365482, (858) 247-0636, Regulated by the Division of Real Estate;
District of Columbia – District of Columbia Mortgage Dual Authority License #MLB365482;
Michigan – Michigan 1st Mortgage Broker/Lender License #FL0020312;
Oregon – Prospect Financial Group, Inc., License #ML-5447;
Pennsylvania – Licensed as a first mortgage broker by the Department of Banking and licensed pursuant to the Pennsylvania Secondary Mortgage Loan Act, License #59496;
Texas – Prospect Financial Group, Inc. 8000 I.H. 10 West St. 600, San Antonio, TX 78230-3868;
Washington – Consumer Loan Company License CL-365482
Prospect Financial Group, Inc. Nationwide Mortgage Licensing System Number 365482.
Visit the NMLS access page for more information.
Texas – “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 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.”