Disclosures and Licenses

Paramount Mortgage Company Disclosures and License Information

Paramount Mortgage Company 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) or any other protected class, 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.

Any questionable accounting or auditing matters perpetuated by Paramount Mortgage Company or the management and staff thereof can be confidentially and anonymously reported to Paramount Mortgage Company External Audit Company by sending an email to the following address:

PMC@cmr.us.com
Or mail to:
Paramount Mortgage Company Corporation – External Audit Committee
P O Box 7242
Chesterfield, MO 63006

Paramount Mortgage Company is registered and licensed through the National Mortgage Licensing System – NMLS # 67856
To View our Public Page on NMLS Click Here

Paramount Mortgage Company State Disclosure Requirements

Paramount Bond & Mortgage Co., Inc. (“Paramount Mortgage Company”) is a licensed mortgage lender licensed in the following states:

California - Licensed by the Department of Business Oversight under California Residential Mortgage Lending Act; California ID: 4131073;

Florida – Florida Mortgage Lender License: MLD700;

Illinois - Illinois Residential Mortgage License:  MB.0006371 - Department of Financial and Professional Regulation, 310 S. Michigan Avenue, Suite 2130, Chicago, Illinois 60604-4278, (312) 793-3000;

Missouri – 347 N. Lindbergh Blvd., St. Louis, MO 63141; Missouri Residential Mortgage Loan Broker License: 13-1811;

Texas – Paramount Bond & Mortgage Co., Inc., 347 N. Lindbergh Blvd., Saint Louis, MO 63141; SML ID: 67856;

Washington - Washington Consumer Loan Company License: CL-67856

Paramount Mortgage Company’s Nationwide Mortgage Licensing System Number: 67856.

To go to the NMLS access page please click on:
http://www.nmlsconsumeraccess.com/EntityDetails.aspx/COMPANY/67856

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.

 

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