Legal
Disclosures and Licensing
Pending compliance review
Mortgage disclosure language is regulated, and it varies by state and by license type. The wording on this page has to come from the client's compliance resource or counsel, so none of it was drafted in the build.
The affiliate relationship between Heirloom Lending and Heirloom Wealth Management is the item most likely to cause a problem, and it needs an answer from Heirloom's compliance contact and from whoever maintains the RIA's Form ADV before launch. Open items 10 and 11.
What this page will contain
- 01Company licensing and NMLS information
- 02States in which we are licensed
- 03Equal Housing Lender statement
- 04Affiliate relationships
- 05Rate, term, and estimate disclaimers
- 06State-specific disclosures
- 07How to file a complaint, with regulator contact information
- 08Last updated date
| Element | Status | Notes |
|---|---|---|
| Legal entity name | Needs client input | Exact registered name |
| NMLS ID, company | Needs client input | Must appear in the footer sitewide, not only here |
| NMLS IDs, individual loan officers | Needs client input | Required on the team page and in bios |
| Licensed states list | Needs client input | Must be accurate. Advertising into an unlicensed state is a real problem |
| NMLS Consumer Access link | Standard | nmlsconsumeraccess.org |
| Equal Housing Lender logo and statement | Standard | Footer, sitewide. Logo asset still needed |
| State-specific disclosures | Needs compliance review | Several states require named disclosures |
| Rate and terms disclaimer | Needs compliance review | Any page implying pricing |
| Relationship to Heirloom Wealth Management | Needs compliance review | The positioning of the whole site depends on getting this right |