NerdWallet Compare, Inc. Licenses and Disclosures
Last Updated 11/6/17
Licenses and Disclosures
NerdWallet Compare, Inc. (“we” or “us”) is a Delaware corporation with its principal place of business located at 875 Stevenson Street, 5th Floor, San Francisco, California 94103. We provide information and tools related to loans and mortgages, and are currently accessible online at www.nerdwallet.com and through our mobile app (the “Sites”).
The mortgage rate quotes displayed on the Sites are provided by LendingTree LoanExplorer℠. LendingTree, LLC, is a Marketing Lead Generator and duly licensed Mortgage Broker, with its main office located at 11115 Rushmore Drive, Charlotte, North Carolina 28277, NMLS Unique Identifier #1136. Loan pricing data, rates, and fees may be provided by third-party data providers including, but not limited to, Mortech®, a registered trademark of Zillow®; LoanXEngine, a product of Mortgage Builder Software, Inc.; and LoanTek, Inc.
Alaska Mortgage Broker/Lender License #AK1617539
Arizona Mortgage Broker License #0943917
Arkansas Mortgage Broker License #112682
California Bureau of Real Estate, License #02039086
1651 Exposition Blvd., Sacramento, California 95815. Call Center: 877-373-4542
Colorado Mortgage Company Registration, NMLS ID #1617539, Ph: 415-549-8913, Regulated by the Colorado Division of Real Estate
Delaware Broker License #024882
Florida Mortgage Broker License #MBR2372
NerdWallet Compare, Inc. does not originate mortgage loans or commitments. NerdWallet Compare, Inc. does not guarantee acceptance into any particular loan program by any participating lender, or promise any specific loan terms or conditions. If you apply for a loan request with our participating lenders, you may receive from such lenders a Loan Estimate of the credit report fee, property appraisal fee, or any other third-party fees required in connection with your loan. The documentation you receive will include the terms and conditions for obtaining a refund for said fees.
YOU ARE NOT REQUIRED TO PURCHASE ADDITIONAL PRODUCTS OR SERVICES FROM NERDWALLET COMPARE, INC. OR FROM ANY PERSON OR ENTITY SUGGESTED OR RECOMMENDED BY NERDWALLET COMPARE, INC. HOWEVER, NERDWALLET COMPARE, INC. RESERVES THE RIGHT TO APPROVE THE ENTITY SELECTED BY YOU, WHICH APPROVAL MAY NOT BE UNREASONABLY WITHHELD.
Indiana SOS Loan Broker License #1617539
Mortgage Broker License #2017-0104
Maine Loan Broker License #1617539
Maine law requires that the disclosures below be provided to consumers before any contact is signed with, and before any money is paid to, a credit services organization or third parties.
Written Agreement or Contract
Please print out this information and save it for your records. You consent, acknowledge and agree that you have read and received a copy of this Disclosure to Consumer.
NerdWallet Compare, Inc. will not act as your lender or credit provider. NerdWallet Compare, Inc. provides your loan request to our lenders and our lenders will contact you with their conditional loan offers. While we seek to help you meet your financial needs, we do not distribute the products of all lenders or investors in the market and cannot guarantee the lowest price or best terms available in the market.
NerdWallet Compare, Inc. provides mortgage information at no cost to you. NerdWallet Compare, Inc. will not charge or seek fees of any kind from you. NerdWallet Compare, Inc. receives fees from lenders and may be paid by the lender based on services, goods or facilities performed or provided by us to the Lender.
This agreement remains in effect only as long as you seek to use the services offered by NerdWallet Compare, Inc. You may discontinue this relationship at any time, without notice, at no cost or penalty to you.
It is important that you read and understand all contracts related to any credit services you obtain. It is also important for you to retain a copy for your records.
Escrowing of Consumer Funds
NerdWallet Compare, Inc. does not accept any fees from the consumer, including third-party fees.
Consumer Protection Bond
A consumer protection bond is on file with the State of Maine. If you have a claim against our company which cannot be resolved through informal means, you may institute an action to recover your loss from that bond by filing a written complaint with the Director, Office of Consumer Credit Regulation, 35 State House Station, Augusta, Maine, 04333-0035.
Michigan 1st Mortgage Broker License No. FL0021059
Michigan 2nd Mortgage Broker License No. SR0021060
Licensed by the Mississippi Department of Banking and Consumer Finance as a Mortgage Broker License #1617539
As a borrower you are protected under the Mississippi Mortgage Consumer Protection Act.
Complaints against a licensee may be made by contacting the:
Mississippi Department of Banking and Consumer Finance
PO Box 23729
Jackson, MS 39225-3729
Montana Mortgage Broker License #1617539
Nebraska Mortgage Broker License #1617539
New Mexico Mortgage Loan Company License
Oklahoma Mortgage Broker License #MB011455
Oregon Mortgage Lending License #ML-5600
Rhode Island Loan Broker License #20173515LB
South Dakota Foreign Corporation Entity #FB133700
South Dakota Mortgage Brokerage License #MB.00051
Texas SML Mortgage Company License #1617539; NerdWallet Compare, Inc., 805 Country Club Drive, Heath, Texas 75032
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.
Wyoming Mortgage Broker License #3063
NerdWallet Compare, Inc. provides mortgage services at no cost to you. NerdWallet Compare, Inc. will not charge or seek fees of any kind from you. This agreement remains in effect only as long as you seek to use the services offered by NerdWallet Compare, Inc.; you may discontinue this relationship at any time, without notice, at no cost or penalty to you. This agreement does not create an exclusive relationship.
NerdWallet Compare does not take mortgage applications, originate, service, or make credit decisions in connection with loans, nor does it issue commitments or lock-in agreements. NerdWallet Compare, Inc. will forward the information you provide to participating lenders. The lender will then conduct a preliminary review to determine your loan qualifications based on its guidelines and will contact you regarding its loan products and offers. NerdWallet Compare, Inc. does not distribute the products of all lenders in the market and does not guarantee that the loan terms or rates offered and made available by lenders are the best terms or lowest rates available in the market.
NerdWallet Compare, Inc. is paid an advertising fee by lenders for the goods, facilities, and services provided by NerdWallet Compare, Inc.
PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT FOR YOUR RECORDS.