Compliance
Licensing, NMLS and the disclosures that matter
Everything a borrower is entitled to know about who is arranging their loan, who is funding it, and who is paying whom.
About the number shown as NMLS #XXXXXXX
This is a demonstration website. The NMLS identifier displayed throughout it is a placeholder, written deliberately as NMLS #XXXXXXX so that nobody mistakes it for a real registration. The real number belongs to the licensed mortgage loan originator who takes this site into production, and it is theirs to set.
When it is set, it must appear in the site footer, on the licensing page, in email signatures, on business cards and on every advertisement, as the SAFE Act requires. Any originator or company can be verified free on the NMLS Consumer Access register.
Three states
Where the practice is licensed
| State | Regulator | Licence type |
|---|---|---|
| Virginia | Bureau of Financial Institutions, State Corporation Commission | Mortgage broker licence and individual MLO licence |
| Maryland | Office of the Commissioner of Financial Regulation | Mortgage lender licence and individual MLO licence |
| North Carolina | Commissioner of Banks | Mortgage broker licence and individual MLO licence |
Loans on property outside these three states cannot be originated here. Where a client moves out of the footprint, I refer them rather than attempt it.
Disclosures
Six statements that belong on every mortgage site
Equal Housing Opportunity
We do business in accordance with the Fair Housing Act and the Equal Credit Opportunity Act. We do not discriminate on the basis of race, colour, religion, national origin, sex, familial status, disability, marital status, age, receipt of public assistance, or the exercise of any right under the Consumer Credit Protection Act.
Broker, not lender
Jordan Hayes Mortgage is a mortgage brokerage. We arrange but do not make loans. The wholesale lender underwrites the file, makes the credit decision and funds the loan, and is identified on the documents you sign.
Compensation disclosure
Broker compensation on each file is either lender-paid or borrower-paid, never both. The arrangement is fixed in advance with each wholesale lender, cannot vary by borrower or by loan programme, and appears on your loan estimate.
Sample figures
Every rate, annual percentage rate, point, fee, payment, loan limit and turn time on this website is a sample used for illustration. Nothing here is an offer, a quote, a rate lock or a commitment to lend.
Trigger leads
Credit bureaus may sell notice of your mortgage enquiry to other lenders, which is why calls sometimes start the day after a credit pull. That practice is theirs, not ours. You can reduce it at OptOutPrescreen.com.
Complaints
A borrower may raise a concern with the licensing authority in the state where the property sits, or with the Consumer Financial Protection Bureau. Contact details for each are available on request and appear on your disclosures.
Jordan Hayes Mortgage is an independent mortgage broker, not a lender or a bank. Every rate, fee, payment and credit figure on this site is a sample used for illustration, is not an offer or a commitment to lend, and will change with market pricing, programme guidelines and your own file. Equal Housing Opportunity.
Ask me anything on this page
Compensation, lender identity, licensing, how a complaint would be handled. None of it is confidential and all of it is on your disclosures anyway.
Three wholesale quotes on the same day's pricing, before you choose.