State Licensing Information
BUSINESS PURPOSE LOANS
Wholesale Lending
- Acra will work with Licensed & Unlicensed Brokers
- Acra will work with Licensed Brokers Only
- Acra Does Not Lend in These States
- Acra will lend subject to Special Broker Licensing Rules
Broker License Required If:
- Borrower is natural person, and loan is secured by residential 1-4 dwelling (MT and VA)
- Loan is secured by residential 1-4 dwelling, regardless of whether borrower is a natural person or an entity (ID)
- Broker may require a TN Industrial Loan & Thrift Registration, if not otherwise licensed in state (TN)
CONSUMER PURPOSE LOANS
Consumer Direct Lending
- Acra lends directly to investors in all states and D.C., except AK, ND, SD
- Acra lends directly to Consumers for 1-4 residential purposes (primary residence or 2nd home)
- Acra does not lend directly to Consumers for 1-4 residential purposes (primary residence or 2nd home)
LICENSES
Alabama
- Alabama Consumer Credit License #22078
Arizona
- Escrow Agent Lic #1008770
- Collection Agency Lic #1008769
- Mortgage Banker Lic #1034431
- Mortgage Banker OTN #1 Lic # 1034434
Arkansas
- Mortgage Banker-Broker-Servicer Lic. # 109106
- Collection Agency Lic. # AC 6624
California
- CRMLA Lic. # 41DBO-74196
- Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.
- CFL Lic. # 60DBO-94450
- DRE Lic # 01799059
Colorado
- Mortgage Company Registration (No #)
- Regulated by the Colorado Division of Real Estate.
Connecticut
- Mortgage Lender Lic. # ML-144549
Delaware
- Lender Lic. # 020322
D.C.
- Mortgage Lender Lic. # MLB144549
Florida
- Mortgage Lender Servicer Lic. # MLD523
Georgia
- Mortgage Lender Lic./Registration # 23462
Hawaii
- Mortgage Loan Originator Company Lic. # HI-144549
- Mortgage Servicer Lic. # MS300
- Citadel Servicing Corporation dba Acra Lending is licensed in Hawaii as both a Mortgage Loan Originator Company (Lic. # HI-144549) and Mortgage Servicer (Lic. # MS300). Consumers wishing to contact the Hawaii Division of Financial Institutions or file a complaint against a mortgage loan origination company or mortgage servicer can reach the Division using the following methods. Via mail: Department of Commerce and Consumer Affairs, Division of Financial Institutions, P.O. Box 2054, Honolulu, HI 96805. Via in person or courier: Department of Commerce and Consumer Affairs, Division of Financial Institutions, 335 Merchant Street, Room 221; Honolulu, HI 96813. Via email: [email protected]. Via telephone: 808-586-2820.
Illinois
- Residential Mortgage Lic. # MB.6761204
- Licensed by Illinois Department of Financial and Professional Regulation, 100 West Randolph, 9th Floor, Chicago, IL 60601, Phone 888-473-4858.
Indiana
- Mortgage Lender Lic. # 30531
Kansas
- Mortgage Company Lic. # MC.0025274
Kentucky
- Mortgage Company Lic. # MC327787
Louisiana
- Residential Mortgage Lending Lic. (No #)
- Collection Agency / Debt Collection Registration (No #)
- Collection Agency/Debt Collection Registration
Maine
- Supervised Lender Lic. # 144549
Maryland
- Mortgage Lender Lic. # 144549
Michigan
- 1st Mortgage Broker/Lender/Servicer Lic. # FL0020685
Minnesota
- Residential Mortgage Originator Lic. # MN-MO-144549
- Residential Mortgage Originator Lic. OTN #1 Lic. # MN-MO-144549.1
Missouri
- Mortgage Company Lic. # 21-2557-S
Montana
- Mortgage Lender Lic. # 144549
- Mortgage Servicer Lic. # 144549
Nebraska
- Mortgage Banker Lic. (No #)
Nevada
- Mortgage Company Lic. # 4449
- Supplemental Mortgage Servicer Lic. # 4414
New Hampshire
- Mortgage Banker Lic. # 21139-MB
New Jersey
- Residential Mortgage Lender Lic. (No #)
- Licensed by the NJ Department of Banking and Insurance.
- RMLA-Licensed Mortgage Servicer Registration (No #)
New Mexico
- Mortgage Loan Company Lic. (No #)
New York
- City of Buffalo Collection Agency Lic. #CAG24-10065489
- City of Buffalo Collection Agency Lic. # CAG24-10065489
North Carolina
- Mortgage Lender Lic. # L-160722
Ohio
- RMLA Certificate of Registration # RM.804651.000
Oklahoma
- Mortgage Lender Lic. # ML012744
- Mortgage Lender Lic.-OTN #1 – Lic. # ML013105
Oregon
- Mortgage Lender Lic. # ML-5599
- Mortgage Servicer Lic. #144549
Pennsylvania
- Mortgage Lender Lic. # 51804
- Licensed by the Pennsylvania Department of Banking.
- Mortgage Servicer Lic. # 67747
South Carolina
- Mortgage Lender/Servicer Lic. # MLS – 144549
- Mortgage Lender/Servicer Lic.-OTN #1 Lic # MLS – 144549 OTN #1
Tennessee
- Mortgage Lic. # 125315
Texas
- Mortgage Company Lic. (No #)
- Residential Mortgage Loan Servicer Registration (No #)
- 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 (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.
Utah
- Residential First Mortgage Notification # UDFI-RFMN2015
- Mortgage Entity Lic. # 6573920
- Mortgage Entity Lic. – OTN #1 Lic. # 12074249
Vermont
- Lender Lic. # 6926
- Lender Lic.-OTN # 7601
- Loan Servicer Lic. # 144549-1
- Loan Servicer Lic.-OTN #1 Lic. # 144549-2
Virginia
- Lender Lic. # MC-5845
Washington
- Consumer Loan Company Lic. # CL-144549
Wisconsin
- Mortgage Banker Lic. # 144549BA
Wyoming
- Consumer Lender Lic. # CL-3577
- Mortgage Lender/Broker Lic. # 3781