how do i check the credibility of a mortgage company?

Question

the co. is integrated home loans

Answer 1

Start here:
http://www2.fdic.gov/idasp/main_bankfind.asp

FDIC Bank Find allows you to locate a single FDIC-insured institution by entering one or more of the criteria below. If more than one institution meets the criteria you enter, you will be provided with a list of institutions that met your criteria. Bank Find can answer questions such as: Is My Bank Insured? Where are My Bank's Branches Located? Where is My Bank's Home (Main) Office Located? What is My Bank's Web Site Address? What Happened to My Bank (Historical List of Events)? Does My Bank have a New Name? Is My Bank Still Open? And More.

Answer 2

Check with the Better Business Bureau, but also call your local Chamber of Commerce. They have business members that are credible. If the mortgage company is not a member, ask the Chamber to refer a member that is.

Answer 3

Check out this website:

http://www.dora.state.co.us/real-estate/index.htm

It's the Colorado Division of Real Estate. See if you can research complaints filed under that mortgage company, the loan officer, or if they/he/she even have a valid license. BBB is good too.

Answer 4

Check with the Better Business Bureau, and whatever state agency handles mortgage broker licensing. Finally, go with your gut. If you feel like something is not right, then you are probably right and should find someone else.

Answer 5

I always check the better business bureau. The website is www.bbb.com. You can check the number of complaints, what types of complaints, how long they have been in business. Another resource maybe is to ask a friend, neighbor, co-worker, relative for referrals.

Answer 6

Accretibility of the mortgage house