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State License Information

State License Information

Mortgage Licenses

E-LOAN, Inc., a Delaware corporation, holds the following state licenses in order to own mortgage loans as described below.

California Mortgage Banker# 415 0023
Illinois Mortgage Banker License MB.0005538
Commissioner of Office of Banks and Real Estate
310 S. Michigan Avenue
Suite 2130
Chicago, IL 60604-4278
Kansas UCCC Notice r14289
Texas Regulated Loan License# 1299-11384

All deposit products offered through E-LOAN, Inc. (E-LOAN) will be opened through Banco Popular North America (BPNA), a New York state chartered bank insured by the FDIC that is the direct parent company of E-LOAN (i.e. E-LOAN is a wholly-owned subsidiary of BPNA). Processing services are provided by BPNA. All deposits with BPNA are insured for the maximum amount allowed by law, and all balances on deposit with BPNA (whether directly or through E-LOAN) would be combined for purposes of determining FDIC coverage eligibility. Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit ww.fdic.gov/deposit/deposits/unlimited/expiration.html.