Process · 3 min read
How do I verify a mortgage lender is licensed?
July 22, 2026 · Written by Bill Egan, NMLS 7342
Short answer
Look up the company and the loan officer on NMLS Consumer Access at nmlsconsumeraccess.org. Check the legal name, the NMLS ID, and a license in the state where the home sits. Egan Financial Group LLC is NMLS 2647764, Illinois residential mortgage license 0310003293. If the numbers on the website do not match NMLS, stop.
01
Why this comes up
A quote came in with no license number, or a familiar commercial is standing in for a license. You do not want to send tax returns to a lead mill that never makes the loan.
02
Where this goes wrong
You send tax returns to a company that is not licensed in the state where the home sits. They cannot close. Or the individual loan officer is not licensed and the file has to be reassigned late, which can require new disclosures and a new waiting period.
03
What we do about it
We put the company and the originator on the site and we expect you to check them. Egan Financial Group LLC is NMLS 2647764. Illinois residential mortgage license 0310003293. William Egan originates under NMLS 7342. If a website and NMLS disagree, we would tell you to walk — including away from us.
04
How to get ready
Go to nmlsconsumeraccess.org. Look up the company and the loan officer. You should see a license in the state where the home sits. Save a screenshot with the quote. Rate quotes that never show an NMLS number are a warning, not a bargain.