ADVERTISING DISCLOSURES

 General 

This is not a commitment to make a loan. Loan terms and conditions are effective as of the date your receive this material and may change without notice. All loans are subject to credit and property approval. Not all products are available in every state or for all loan amounts, programs or credit grades. Other restrictions and limitations apply. Some products and loans require a down payment. There are maximum loan amounts. Developer’s Mortgage Company is an approved HUD Mortgagee and is approved to originate VA loans. Developer’s Mortgage Company is an approved Fannie Mae and Freddie Mac Seller. Licensed by the N.J. Department of Banking and Insurance. Licensed by the Pennsylvania Department of Banking and Securities. Developer’s Mortgage Company is licensed to conduct business in CO, CT, DC, FL, GA, IN, MD, MI, MN, NC, NJ, OH, PA, SC, TN, TX and WV. Developer's Mortgage Company is located at 2700 E Dublin Granville Road, Suite 460, Columbus, Ohio  43231; Phone Number (614) 523-0301; NMLS ID# 225548. SM 2019 Developer’s Mortgage Company. All rights reserved.

 

HECMs / Reverse Mortgages

This is not a commitment to make a loan.  Loan terms and conditions are effective as of the date you receive this material and may change without notice.  All loans are subject to credit and property approval.  Not all products are available in every state or for all loan amounts, programs or credit grades.   Other restrictions and limitations apply.        Reverse mortgage loans and Home Equity Conversion Mortgages (“HECM(s)”) are not endorsed by the government and must be repaid with interest. All applicants for reverse mortgage loans and HECMs are required to take mandatory counseling from a HUD approved counselor. The loan must be paid in full (including property taxes and insurance payments) in order for the applicant’s family or other beneficiaries to inherit the property serving as collateral for the loan; any failure to satisfy those requirements can trigger a loan default that could result in a foreclosure. All applicants for reverse mortgage loans and HECMs are encouraged to discuss the loan with their family members or beneficiaries before a loan application is signed. All reverse mortgage loans and HECMs are loans and are not a government benefit. Developer's Mortgage Company is located at 2700 E Dublin Granville Road, Suite 460, Columbus, Ohio  43231; Phone Number (614) 523-0301; NMLS ID# 225548. SM 2019 Developer’s Mortgage Company. All rights reserved.
 

EQUAL OPPORTUNITY EMPLOYER

Developer's Mortgage Company is proud to be an Affirmative Action and Equal Opportunity Employer M/F/Disabled/Veteran. Our company is committed to a policy of equal employment opportunity for applicants and employees. It is our policy that all employees and applicants for employment shall be treated in a manner free of discrimination regarding race, creed, color, religion, sex, sexual orientation, gender identity, national origin, marital status, genetic information, disability, protected veteran status, or any basis prohibited by law.

 

FAIR LENDING / EQUAL HOUSING OPPORTUNITY 

Developer's Mortgage Company conducts business in accordance with the Federal Fair Housing Act. (Fair Housing Amendments Act of 1988), it is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.

Fair Lending
Developer's Mortgage Company conducts all lending activities in a manner consistent with federal and state fair lending laws. We treat all existing and prospective customers fairly and consistently throughout the loan lifecycle, without regard to any characteristic or basis prohibited by law. Federal fair lending laws include the Fair Housing Act and the Equal Credit Opportunity Act. Other laws and regulations, including those at the state or local level, contain additional prohibited bases, including, for example, military and veteran status or sexual orientation.

Fair Housing Act
The FH Act prohibits discrimination based on any of the factors listed below:

Race or color
Religion
National origin
Sex
Handicap
Familial status (which prohibits discrimination against households having children under the age of 18 living with a parent or legal custodian, pregnant women or individuals with legal custody of children under 18)

Two additional factors are expressly prohibited when dealing with loans insured by the Federal Housing Administration (the “FHA”) and the properties providing security interests therefore. In 2012, the U.S. Department of Housing and Urban Development issued a rule that prohibits FHA-approved lenders from basing eligibility determinations for FHA-insured loans on actual or perceived sexual orientation or gender identity.

Anyone who feels he or she has been discriminated against may file a complaint of housing discrimination with: 

U.S. Department of Housing and Urban Development
Assistant Secretary for Fair Housing and Equal Opportunity
Washington, DC 20410
1 (800) 669-9777 or 1 (800) 927-9275