Licenses and Disclosures

Advertising Disclosure

TheMortgageReports.com is free to consumers and does not charge you, the consumer for our industry-leading guides, cutting-edge tools, or up-to-date lending news. In fact, we don’t charge you for anything on our site. There is no cost to submit a loan request, get matched with lenders. You may also talk to the lenders at no cost.

If you choose to proceed to a formal loan application with a lender you were introduced to on our site, the lender may require a fee to process your formal loan application, appraisal, and/or credit report. And, of course, you will be responsible for any loan processing, closing costs or other fees to the lender with whom you close.

Since TheMortgageReports.com does not charge consumers for anything, how do we make money?

The offers that appear on this site are from third party credit providers from which Full Beaker, The Mortgage Reports’ parent company, receives compensation. This may influence which products we review and write about but in no way affects our recommendations or advice. It may also impact how and where products appear, except where prohibited by law for our mortgage, home equity, and other home lending products. Full Beaker strives to provide a wide array of offers, but the offers on this website do not represent all financial services companies or products.

Disclosure Information

The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products. The views and opinions expressed herein are those of the respective authors and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates. TheMortgageReports.com is a website that provides information about mortgages and consumer financial products.

We do not directly offer mortgages or consumer financial products, accept applications or approve loans but we work with partners who do. TheMortgageReports.com is not responsible for the accuracy of rates, APR or loan information posted by brokers, lenders or advertisers. Any connected advertisements do not imply affiliation or endorsement by any government agency.

On mortgage products, credit may exceed the fair market value of the dwelling. Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. The consumer should consult a tax adviser regarding the deductibility of interest and charges.

Please contact our support if you are suspicious of any fraudulent activities or have any questions. If you would like to find out more information about your benefits, please visit the Official US Government website for the Department of Veteran Affairs or the US Department of Housing and Urban Development. TheMortgageReports.com is operated by Full Beaker, Inc. NMLS #1019791. Click here to view our licenses on the NMLS Consumer Access website. While Full Beaker Inc. is a licensed mortgage broker and consumer lender, all loans are arranged through third parties.

We are not affiliated with the US Government, US Armed Forces or Department of Veteran Affairs.

US Government agencies have not reviewed this information and this site is not connected with any government agency.

State Disclosure Information

  • Alabama – Licensed as a Mortgage Broker by the State Banking Department, License No. 21726, NMLS ID 1019791
  • Alaska – Licensed as a Mortgage Broker/Lender by the Department of Commerce, License No. AK1019791, NMLS ID 1019791
  • Arizona – Licensed as a Mortgage Broker with the Department of Financial Institutions, License No. 0923564, 0936837, 0936812, 0936829; NMLS ID 1019791, Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004
  • Arkansas – Licensed as a Mortgage Broker by the Securities Department, License No. 106737, NMLS ID 1019791
  • California – Licensed by the Bureau of Real Estate, under the California Residential Mortgage Lending Act, License No. 01936659, NMLS ID 1019791. Licensed by the California Department of Financial Protection and Innovation, Finance Lender Law License No. 60DBO97570.
  • Colorado – Regulated by the Division of Real Estate – Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004, 425-458-2905, NMLS ID 1019791
  • Connecticut – Licensed as a Mortgage Broker by the Department of Banking, License No. MB-1019791. Licensed as a Small Loan Company by the Department of Banking, License No. SCL-1019791.
  • Delaware – Licensed as a Mortgage Loan Broker Company by the Delaware State Bank Commissioner, License No. 29980
  • District of Columbia – Licensed as a Mortgage Broker by the Department of Insurance, Securities & Banking – Banking Bureau, License No. MLB1019791
  • Florida – Licensed as a Mortgage Broker by the Office of Financial Regulation, License No. MBR1412
  • Georgia – Licensed as a Georgia Residential Mortgage Licensee – Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004; by the Department of Banking & Finance, License No. 37031
  • Idaho – Licensed as a Mortgage Broker/Lender by the Department of Finance, Full Beaker, Inc., License No. MBL-8128, NMLS ID 1019791
  • Illinois – Licensed as an Illinois Residential Mortgage Licensee - Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004; by the Department of Financial & Professional Regulation, License No. MB.6761010, NMLS ID 1019791
  • Indiana – Licensed as a Loan Broker by the Secretary of State, NMLS ID 1019791
  • Iowa – Licensed as a Mortgage Broker by the Division of Banking, License No. 2013-0085, 2016-0067, 2016-0069, 2016-0070; NMLS ID 1019791
  • Kansas – Licensed as a Mortgage Company by the State Bank Commissioner, Full Beaker, Inc., License No. MC.0025194, NMLS ID 1019791
  • Kentucky – Licensed as a Mortgage Broker by the Department of Financial Institutions, License No. MB95671, NMLS ID 1019791
  • Louisiana – Licensed as a Residential Mortgage Lender by the Office of Financial Institutions, NMLS ID 1019791
  • Maine – Licensed as a Loan Broker by the Department of Professional & Financial Regulation – Bureau of Consumer Credit Protection, NMLS ID 1019791
  • Maryland – Licensed as a Mortgage Lender by the Commissioner of Financial Regulation, License No. 06-20692, NMLS ID 1019791
  • Massachusetts – Licensed as a Mortgage Broker by the Division of Banks, License No. MB1019791. Licensed as a Small Loan Company by the Division of Banks, License No. SL1019791, NMLS ID 1019791
  • Michigan – Licensed as a 1st Mortgage Broker by the Department of Insurance & Financial Services, License No. FL0018716, NMLS ID 1019791
  • Minnesota – Licensed as a Residential Mortgage Originator by the Department of Commerce, License No. MN-MO-1019791, MN-MO-1019791.1, MN-MO-1019791.3, MN-MO-1019791.4
  • Mississippi – Mississippi Registered Mortgage Company, Licensed as a Mortgage Broker by the Department of Banking & Consumer Finance, License No. 1019791; Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004
  • Missouri – Licensed as a Mortgage Company Registration by the Division of Finance, License No. 16-2254
  • Montana – Licensed as a Mortgage Broker by the Division of Banking & Financial Institutions, License No. 1019791, Full Beaker, Inc., NMLS ID 1019791
  • Nebraska – Licensed as a Mortgage Banker by the Department of Banking & Finance, License No. NE1019791, NMLS ID 1019791
  • Nevada – Licensed as a Mortgage Broker by the Division of Mortgage Lending, License No. 4157; Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004, (425) 458-2905, NMLS ID 1019791
  • New Hampshire – Licensed as a Mortgage Broker by the Banking Department, License No. 18604-MBR, NMLS ID 1019791. Licensed as a Small Loan Lender by the Banking Department, License No. 22947-SM.
  • New Jersey – Licensed as a Residential Mortgage Broker by the Department of Banking & Insurance; Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004, (425) 458-2905; NMLS ID 1019791. Licensed as a Consumer Lender by the Department of Banking & Insurance, License No. L070910.
  • New Mexico – Licensed as a Mortgage Loan Company by the Financial Institutions Division, NMLS ID 1019791
  • New York – Registered Mortgage Broker by the New York Department of Financial Services, License No. A007456; Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004, NMLS ID 1019791
  • North Dakota – Licensed as a Money Broker by the Department of Financial Institutions, License No. MB102532
  • Ohio – Ohio Residential Mortgage Lending Act Certificate of Registration, licensed by the Division of Financial Institutions - Consumer Finance Division; Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004; License No. MB.804265.000, NMLS ID 1019791
  • Oklahoma – Licensed as a Mortgage Broker by the Department of Consumer Credit, License No. MB002481, MB011457, MB011459, MB011460; NMLS ID 1019791
  • Oregon – Licensed as a Mortgage Lender by the Division of Financial Regulation, License No. ML-5250, Full Beaker, Inc.
  • Pennsylvania – Licensed as a Mortgage Broker by the Department of Banking & Securities, License No. 41481, NMLS ID 1019791
  • Rhode Island – Rhode Island Licensed Loan Broker by the Department of Business Regulation, License No. 20132926LB
  • South Carolina – Licensed as a Mortgage Broker by the Department of Consumer Affairs, License No. MB-1425200, NMLS ID 1019791
  • South Dakota – Licensed as a Mortgage Brokerage by the Division of Banking, License No. MB.00032
  • Tennessee – Mortgage License, licensed by the Department of Financial Institutions, License No. 115372
  • Texas – Licensed as a Mortgage Company by the Department of Savings & Mortgage Lending, Full Beaker, Inc., 200 112th Ave NE, Ste 310, Bellevue, WA 98004; NMLS ID 1019791
  • Utah – Licensed as a Mortgage Entity by the Division of Real Estate, License No. 9350493
  • Vermont – Licensed as a Mortgage Broker by the Department of Financial Regulation, License No. 1167 MB, 1358 MB, 1359 MB, 1360 MB; NMLS ID 1019791. Licensed as a Loan Solicitation License, by the Department of Financial Regulation, License No. LSO-1019791 and LSO-1019791-1.
  • Virginia – Licensed as a Broker by the Bureau of Financial Institutions, License No. MC-5725; Full Beaker, Inc., NMLS ID #1019791 (www.nmlsconsumeraccess.org)
  • Washington – Licensed as a Mortgage Broker by the Department of Financial Institutions, License No. MB-1019791
  • West Virginia – Licensed as a Mortgage Broker by the Department of Financial Institutions, License No. MB-32698, NMLS ID 1019791
  • Wisconsin – Licensed as a Mortgage Broker by the Department of Financial Institutions, License No. 1019791BR. Licensed by the Department of Financial Institutions, under the Wisconsin Consumer Act Registration.
  • Wyoming – Licensed as a Mortgage Broker by the Division of Banking, License No. 2431, NMLS ID 1019791

By refinancing an existing loan, the total finance charges incurred may be higher over the life of the loan.