Licensing and disclosures

Lendmira’s role

Lendmira is an educational website. Through the rate check, we also pass requests from visitors to lenders and loan brokers working with Lendmira, who pay us for those requests.

Lendmira is not a lender or a loan servicer and does not hold a lending license. We do not make loans, take loan applications, make credit decisions, check credit, set rates or fees, or handle loan money. We are not your agent or the agent of any lender.

Lenders must be licensed or lend through a bank

In the United States, a company that makes consumer loans generally needs a license from each state where its borrowers live, unless it is a bank or credit union, or it lends through a partnership with a bank. Banks and credit unions are chartered and supervised by federal or state banking regulators instead of holding a state lending license. Loan brokers may also need a state license, depending on the state and the type of loan.

Before you apply with any company that contacts you, check who it is. A licensed lender will tell you its legal name and, for most nonbank lenders and brokers, its NMLS ID. That number often appears at the bottom of its website and in its loan documents.

How to check a license on NMLS Consumer Access

NMLS Consumer Access is a free public lookup run by the Nationwide Multistate Licensing System, which most states use to license nonbank lenders, brokers and mortgage loan originators.

1. Go to NMLS Consumer Access.
2. Search by the company’s NMLS ID, or by its name and state.
3. Open the company’s record and look at its list of state licenses.
4. Check that it holds a license for your state, for the kind of loan you are discussing, and that the license is shown as active.
5. Compare the company’s name, address and website with the ones the caller or email gave you.

Not every state or license type is listed on NMLS, and banks and credit unions usually are not. To check a bank, use the FDIC’s BankFind. To check a credit union, use the NCUA’s credit union lookup. If you cannot find a company in any of these, call your state’s financial regulator. Each of our state pages names the regulator and links to its website.

A company that will not give you its legal name or license details, or that asks for an upfront fee before you get a loan, is a warning sign. Our guide to loan scams lists others.

State rules for loan brokers and lead generators

Some states regulate businesses that arrange loans or pass consumer loan requests to lenders, and some require them to register, hold a license or make specific disclosures. Where a state’s rules require a specific disclosure about Lendmira’s role, that disclosure will be listed in the next section.

State-specific disclosures

No state-specific disclosures are listed at this time.

Where to complain

If you have a problem with a lender, loan broker, servicer or debt collector:

• Consumer Financial Protection Bureau: file a complaint at consumerfinance.gov/complaint. The CFPB forwards complaints to the company and asks it to respond.
• Your state’s financial regulator: find it on your state page. State regulators license most nonbank lenders and can act against unlicensed ones.
• Your state’s attorney general: handles consumer protection complaints, including scams.
• Federal Trade Commission: report fraud and scams at ReportFraud.ftc.gov.

If your concern is about Lendmira itself, for example a call you did not ask for after a rate request, write to contact@lendmira.com or use the contact page. We will look into it and, if needed, tell the companies involved to stop contacting you.

Our address

Lendmira, 5300 N Braeswood Blvd, Suite 2045, Houston, TX 77096, United States. Email: contact@lendmira.com.