Paragon Mortgage Services, Inc.

Disclosures and Licensing


Paragon Mortgage Services, Inc. is an Incorporated Business in the State of Colorado. Paragon Mortgage Services, Inc. maintains its corporate headquarters in the Denver Technological Center in Denver, Colorado and is a Mortgage Brokerage, operating under Colorado Business Registration/Incorporation ID#20041058390.

Paragon Mortgage Services Corporate Officers are: Susan M. Oberbillig, President (Colorado Mortgage Broker License: MLO-100016681, NMLS ID#50785) and Kelly L. Oberbillig, Chief Executive Officer (Colorado Mortgage Broker License: MLO-100029048, NMLS ID#51459). Susan Oberbillig is a licensed Mortgage Loan Originator and Primary Lending Manager for Paragon Mortgage Services, Inc. in the States of: Arizona, California-DBO, Colorado, Florida, Iowa and Utah.

In accordance with State Mortgage Licensing Law, all Individual Licensed Mortgage Brokers (Mortgage Loan Originators) maintain required Surety Bond and Errors and Omissions Insurance coverages to support the consumer public, as defined and administered by each State Regulatory agency.

Paragon Mortgage Services, Inc. NMLS ID# 50139

This Corporate Headquarters Address and Contact Information is for all Consumer and Client Matters:

4600 South Syracuse Street, 9th Floor

Denver, CO 80237

For General Information, Call: 303-PARAGON (303-727-2466) or Toll Free: 1-888-PARAGON (1-888-727-2466)

Paragon Mortgage Services, Inc. Arizona Branch License# 866222

Address: 18444 N. 25th Ave. Suite 420-527, Phoenix, AZ 85023. This Address is for Arizona Regulatory Requirements Only, and no Consumer or Client support is available at this Branch Location. Please refer all Consumer and Client questions and requests to the Paragon Mortgage Services, Inc. Corporate Headquarters location.

For General Information, Call Toll Free: 1-888-PARAGON (1-888-727-2466) Extension 2407 or ask for Susan Oberbillig
For Information Requests, Email: or send a request to our Corporate Fax: 303-727-2400
For Customer Service, Email: or Call: 1-888-PARAGON (1-888-727-2466)
For Human Resources, Email: or Call: 1-888-PARAGON (1-888-727-2466)

Paragon Mortgage Services Chief Executive Officer, Kelly L. Oberbillig, is also a Licensed Real Estate Broker, Colorado Division of Real Estate, License No. ER40030867 and he is the Broker/Owner and Employing Broker for Paragon Real Estate, License No. EC100012809, 4600 South Syracuse Street, 9th Floor, Denver, CO 80237 (Office Phone: 303-727-PARAGON (303-727-2466), Office Fax: 303-727-2400). No Consumer is under any obligation to use Kelly L. Oberbillig, as Real Estate Broker, in any transaction involving Paragon Mortgage Services, Inc.  Kelly Oberbillig may, however, be entitled to receive direct and/or indirect compensation for services both as a Real Estate professional and Home Mortgage consultant, in circumstances where both of these activities are appropriately disclosed, acknowledged and approved by consumers receiving both services from Paragon and Kelly L. Oberbillig in a respective transaction.




In order to provide homebuyers and the general public with greater information concerning the companies and professionals in the mortgage industry and in fulfillment of the federal S.A.F.E. Mortgage Licensing Act of 2008, the Nationwide Mortgage Licensing System & Registry (NMLS) hosts a website called NMLS Consumer Access. NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS. Found online at, NMLS Consumer Access is a stand-alone website, separate from NMLS, that contains administrative and licensing information for companies, branches, and individuals licensed or registered through NMLS.  For more, see Information about Consumer Access.

NMLS Consumer Access is provided without charge to the public.

APPROVED STATE LICENSING - Paragon Mortgage Services, Inc.


Arizona Mortgage Company Broker License (Arizona Department of Financial Institutions), 0919711, Active Since: 02/28/2012

Arizona Mortgage Broker Branch License (Arizona Department of Financial Institutions), 0117384, Active Since: 02/28/2012

Loans made or arranged pursuant to California Finance Lenders Law License #603B332, California Department of Business Oversight (DBO), Active Since: 07/05/2005

Colorado Business License, 20041058390 (CO Secretary of State), Active Since: 10/05/2000, NMLS ID#50139 (Regulated by the Colorado Department of Regulatory Affairs (DORA), Division of Real Estate)
Florida Mortgage Company Broker License (Florida Department of Financial Services, MBR425 (Previously CL0502233), Active Since: 04/06/2005
Iowa Mortgage Company Broker License, 2018-0035 (Iowa Division of Banking), Active Since: 03/09/2018
Utah-DRE Mortgage Entity License (Utah Department of Real Estate), 5904483-MLCO, Active Since: 07/05/2006


Arizona: The Arizona State Licensing Authority for Residential Lending is the Arizona Department of Financial Institutions (AZDFI). Consumers in Arizona may direct questions or inquiries on Arizona State Home Mortgage Lending to the AZDFI Web Site at:

California: The California State Licensing Authority for Mortgage Loan Originators and the California Finance Lenders License is the Department of Business Oversight (DBO) and information regarding licensing verification or other questions may be directed to the DBO Web Site at:

Colorado: Colorado Department of Regulatory Affairs (DORA) Division of Real Estate is the licensing, regulation and enforcement agency for the real estate broker, appraiser and mortgage broker industries in Colorado. Consumers may contact the Colorado Division of Real Estate for information and verification of Colorado Mortgage Broker Licensing at:
The Florida State Licensing Authority for Residential Lending is the Florida Office of Financial Regulation (FOFR) and information regarding Florida State Lending can be directed to the FOFR Web Site at:
Iowa: The Iowa State Licensing Authority for Residential Lending is the Iowa Division of Banking and information and questions may be directed to the Division of Banking by phone at 515.281.4014 or send your questions via at Web Site: for additional assistance.
Utah: The Utah Department of Commerce, Division of Real Estate is the Licensing Authority for the Utah-DRE Mortgage Entity License and questions regarding Utah Residential Mortgage Origination can be referred to their Web Site at: 



The Corporate NMLS ID# for Paragon Mortgage Services, Inc. is 50139.  Paragon Mortgage Services, Inc. maintains current licensing in the identified States - Arizona, California under the CFL Licensing, Colorado, Florida, and Utah - and we directly maintain Mortgage Broker agreements with more than 35 Top Wholesale Banks and Lenders for Colorado and these other applicable State locations.  In addition, Paragon Mortgage Services also maintains current approvals to offer and support Broker Lending through the Department of Veteran’s Affairs/Veteran’s Administration (VA) Loan under the following Agency Approval Identification Number:




VA, Lender Agent ID Number 239107-0000, 11/07/2003




You are notified that all State and Federal disclosures are required to be understood and acknowledged in accordance with the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), and certain other federal and state laws, including details of your cost of credit, good faith estimates of your settlement costs, HUD mandated booklets (“Guide to Settlement Costs” and/or “When your Home is on the Line”; notices concerning the possibility that your mortgage loan servicing may be transferred; and your right to a copy of any appraisal, if any, performed on your home.

The Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract), because all or part of the applicant’s income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.  The federal agency that administers compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.


If your loan request is forwarded to a Lender that makes you an offer, you should receive from the Lender a Good Faith Estimate (GFE) required under RESPA and an initial disclosure statement required under the TILA, each within three business days from the date you submit an application with the Lender.


If the Lender denies your request for credit, and that action is based, in whole or in part, on any information contained in a consumer credit report, you have the right to obtain, within sixty days, a free copy of your consumer credit report from the credit reporting agency which compiles and maintains files on consumers on a nationwide basis. You also have the right to dispute the accuracy or completeness of any information in a consumer credit report furnished by the consumer credit reporting agency by contacting that agency directly. An applicant, if married, may apply for a separate account.

As a Mortgage Origination Broker Company, Paragon Mortgage Services acts as an agent of its participating Banks and Lenders, and in this capacity Paragon Mortgage Services provides administrative and consultative support to consumers related to its participating Bank and Lender Real Estate offers and representative Loan Product Lines only. Each customer is hereby notified that commencing the financing process and completing a loan request with Paragon Mortgage Services does not guarantee that any customer's request will result in each or any customer receiving a loan with one of our approved Banks or Lenders or that an offered loan may meet your personal needs or requirements. Paragon Mortgage Services, Inc. will provide each customer recommendations on available products, services, rates and terms, but each consumer requesting consultative services with Paragon Mortgage Services, Inc. should rely on your own judgment in deciding which available loan product best suits your needs and financial means.

No consumer is required to use Paragon Mortgage Services, Inc. as a condition for settlement of your loan on any property or financing and there may be other lenders available with similar services. You are free to contact any other lenders to ensure that you are receiving the best services and the best rate for these services. Paragon Mortgage Services is not a Bank or Wholesale Loan Investor and Paragon Mortgage Services does not make loans or credit decisions in connection with loans, nor does Paragon Mortgage Services issue commitments or lock-in agreements.

No consumer is under any obligation to use a Paragon Mortgage Services Officer or Mortgage Loan Originator and all consumers are hereby notified that if you choose to apply for a loan with Paragon Mortgage Services, Inc., the Owners and Officers of Paragon Mortgage Services, Inc. may directly or indirectly receive compensation for Real Estate, Loan Processing and other Mortgage Services, but should such arrangement be requested by you, all compensation will be Disclosed in accordance with local, State and Federal laws and the requirements of the Real Estate Settlement Protection Act (RESPA).

Paragon Mortgage Services, Inc. provides Web Interfaces under the following Web addresses, which all forward to our single, Primary Consumer Web Site at: , and this Web Site was designed and is managed through the A La Mode Web Services:




UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL STATUS (HAVING CHILDREN UNDER THE AGE OF 18), TO: Deny a loan for the purpose of purchasing, constructing, improving, repairing, or maintaining a dwelling, or to deny any loan secured by a dwelling; or Discriminate in fixing the amount, interest rate, duration, application procedures, or other terms or conditions of such a loan, or in appraising property.


Assistant Secretary for Fair Housing and Equal Opportunity

Department of Housing and Urban Development

Washington, DC 20410

For processing under the FEDERAL FAIR HOUSING ACT, AND TO:

Division of Compliance and Consumer Affairs

Federal Deposit Insurance Corporation

Washington, DC 20429-9990


For processing under the Comptroller of the Currency Regulations UNDER THE EQUAL CREDIT OPPORTUNITY ACT, IT IS ILLEGAL TO DISCRIMINATE IN ANY CREDIT TRANSACTION: On the basis of race, color, national origin, religion, sex, marital status, or age; Because income is from public assistance; or Because a right has been exercised under the Consumer Credit Protection Act.



Division of Compliance and Consumer Affairs

Federal Deposit Insurance Corporation

Washington, DC 20429-9990

NOTICE TO ALL: NRMLA/HUD disclaimer, "This material is not from the CFPB, HUD or FHA and has not been approved by the CFPB, HUD or any government agency."