Disclosures & Licensing

Effective: January 1, 2020

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Traditional Mortgage Acceptance Corporation Disclosures & Licensing

Traditional Mortgage Acceptance Corporation, doing business as GoodLife Home Loans®, is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C., 20580.

State Licensing Disclosures

NMLS ID: #971307 | Branch NMLS ID #1805842

27201 Puerta Real, Suite 300, Ofc. 63, Mission Viejo, CA 92691
• Toll Free 1-833-250-6142

Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.

State License License Number
Alabama Consumer Credit License 22282
Arkansas Combination Mortgage Banker-Broker-Servicer 119210
Arizona Mortgage Banker License 1001977
California Residential Mortgage Lending Act License 4131246
California DOC Residential Mortgage Lending Act License (Branch) 4191909
Colorado Mortgage Company Registration 1489320
Connecticut Mortgage Lender License ML-971307
D.C. Mortgage Lender License MLB971307
D.C. Mortgage Lender Branch License MLB1805842
Florida Mortgage Lender Servicer License MLD1294
Florida Mortgage Lender Servicer Branch License MLDB8900
Georgia Mortgage Lender License/Registration 50050
Hawaii Mortgage Servicing License MS254
Idaho Mortgage Broker/Lender License MBL-2080971307
Iowa Mortgage Banker License 2020-0086


The Illinois Department of Financial and Professional Regulation (”Department“) evaluates our performance in meeting the financial services needs of the state of Illinois (the ”community“), including the needs of low-income to moderate-income households in Illinois. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation once the Department completes our first evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department. We will update this notice when our first evaluation has been issued.

State License License Number
Illinois Residential Mortgage License MB.6761161
Kansas Mortgage Company License MC.0025641
Kentucky Mortgage Company License MC354645
Maine Supervised Lender License 971307
Louisiana Mortgage Branch Registration
Maine Supervised Lender Branch License
Maryland Mortgage Lender License 06–24254
Michigan 1st Mortgage Broker/Lender/Servicer Registrant FR0019843
Minnesota Residential Mortgage Originator License MN-MO-9717307
Missouri Mortgage Company License *Servicer Designation 20-2501-S
Mississippi Mortgage Lender License 971307
Montana Mortgage Servicing License 971307
North Carolina North Carolina Mortgage Lender License L-190545
North Carolina North Carolina Reverse Mortgage Lender Approval RM-230
Nevada Nevada Mortgage Company License 5107
Nevada Nevada Supplemental Servicer License 5109
Nebraska Mortgage Banker License 971307
New Hampshire Mortgage Banker License 18626-MB
New Hampshire Mortgage Banker Branch License 22655–MB–BCH
New Jersey RMLA-Licensed Mortgage Servicer Registration 2020-0086
New Jersey Residential Mortgage License
Ohio RMLA- Certificate of Registration RM.804603.000

Visit the NMLS access page for more information.

Oregon Reverse Mortgage Disclosure

At the maturity of a reverse mortgage loan, the lender will have a claim against the equity in your property and you may need to sell the property to repay the loan, or repay the loan from other assets.

The lender will charge an origination fee, a mortgage insurance premium, closing costs and/or servicing fees, which fees will be added to the loan balance.

The balance of the mortgage loan grows and the interest is added to the loan balance.

You retain title to the property until you sell the property, and therefore you are responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts may cause the loan to become due and may subject the property to a tax lien or other encumbrance or to foreclosure.

Interest on a reverse mortgage is not deductible from your income tax until you repay all or part of the loan.

Before obtaining a reverse mortgage, you should consult a trusted financial adviser or planner. There are government agencies and nonprofit organizations that can give you information about reverse mortgages. You can locate these resources at:

Please note that before you can complete an application for a Federal Housing Administration – insured Home Equity Conversion Mortgage loan, you must undergo counseling with a counseling agency approved by the U.S. Department of Housing and Urban Development (”HUD“). Your loan originator will provide you with a disclosure of available HUD-approved counseling agencies. ORS 86A.196.

State License License Number
Oregon Mortgage Lending License ML-5839-1
Oregon Mortgage Lending License ML-5839
Pennsylvania Mortgage Lender License 71103
Pennsylvania Mortgage Servicing License 71644
South Dakota Mortgage Lender License ML.05144
Tennessee Mortgage Company 129605
Tennessee Mortgage Branch Authorization 129605-101
Texas Mortgage Banker

Texas State Licensing Information

Consumers wishing to file a complaint against a mortgage banker or a licensed mortgage banker 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 1-844-960-2794.

The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker 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.

State License License Number
Utah Residential First Mortgage Notification
Virginia Mortgage Lender License MC-7030
Washington Consumer Loan Company License CL-971307
Wisconsin Mortgage Banker License 971307BA
West Virginia Mortgage Lender License ML-32381

Visit the NMLS access page for more information.


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