Long Island, New York independent mortgage banker, Vanguard Funding announced on July 10 that it is no longer accepting applications for loans for allegedly having their NY Mortgage Bankers license suspended.

The NMLS Consumer Access page says,”WE ARE CURRENTLY NOT ACCEPTING APPLICATIONS”.

New York is Vanguard’s state headquarters so this suspension may affect the lender’s ability to lend in the future.

Erik Sandstrom
LoanSafe's Mortgage Expert
I'm a Senior Loan Officer and LoanSafe mortgage expert. If you need a live rate quote, or need help getting a new mortgage, please call me direct anytime at 619-379-8999.