The State of New Jersey
NJ Department of Banking and Insurance
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Consumer Alert: LoanCity, Inc.

On April 13, 2007, the New Jersey Department of Banking and Insurance issued legal documents ordering LoanCity, Inc. to stop doing business in the state and took the initial step toward revoking the company’s mortgage lender licenses.

Consumers who have recently closed loans are advised to confirm with their settlement agent (lawyer or title company) that their monies have been received.

Consumers who have submitted an application or have an application pending
are advised to contact their mortgage broker and ask them to find a new lender

To contact LoanCity, call 1-800-266-6520.

Individuals with questions regarding a loan pending with LoanCity can call the DOBI Consumer Hotline at 609-292-7272.

Contact LoanCity

Web site

Mail Payments to:
5671 Santa Teresa Blvd.
San Jose, CA 95123

Contact NJDOBI
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New Jersey Department of Banking and Insurance