Grander Financial, Inc. ratings, reviews and complaints - Loan Modifications

Complaints and Resolutions

Complaint Experience

N/A

Complaint Resolution Index (CRI)

Complaint Resolution Index (CRI) Explained The Complaint Resolution Index (CRI) is an indicator on how responsive a company is in addressing and resolving customer complaints brought to their attention by BCA. If they are considering doing business with the company, consumers can use this indicator to forecast the likelihood of having their issues addressed if a problem arises. CRI measures the company's customer satisfaction abilities through BCA’s complaint mediation process.

A variety of factors are considered when calculating CRI. This includes how quickly a company responds to complaints, the number of complaints against a company, whether the company addressed complaint allegations, and the outcome of the complaints. CRI is just a subset of the overall rating for the company. Consumers are encouraged to take into consideration the company's CRI, their overall BCA letter rating and other relevant information about the company so they can make a well-informed purchasing decision.

BCA's Summary and Analysis:

Complainants allege unfulfilled contracts and inability to obtain refunds. Most complainants allege the company fails to obtain loan modifications or otherwise provide foreclosure assistance services. Some complainants allege that the company fails to return phone calls or otherwise respond to inquiries concerning the status of refunds. Other complainants allege the company fails to provide copies of documents.~~The company generally responds to complaints by issuing refunds providing descriptions of the services done for the client and stating the matter was resolved directly with the customer.

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Complaint Closing Statistics

0 complaints against Grander Financial, Inc. closed in last 3 years.

Complaints	Type of response
0	Making a full refund, as the consumer requested
0	Making a partial refund
0	Agreed to make an adjustment
0	Refusing to make an adjustment
0	Refuse to adjust, relying on terms of agreement
0	Unanswered

Other Information

Company Info

This company is providing financial services company originating alternatives to mortgages like equity-sharing real estate transactions, boat and water craft loans, and stock lending transactions.

Primary Contact:	Peter MacDonald (Attorney At Law)
Business Started:	10/31/2007
Social:

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Licensing

California Department of Real Estate

Verified License

License Number: 01841823
Status: Expired

Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

Effective October, 2009 in California, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All modification services must be fully completed before any money can be collected. It is also illegal to divide fees or services into components for the purpose of avoiding this law.

HUD approved housing counseling agencies are exempt from this law. For businesses outside of California, please check with the agency that regulates this industry.

Other Considerations

Mail sent to this company was returned by the post office as "moved; left no forward address," "forward order has expired," or "unable to locate." We cannot trace addresses of companies or principals. General information is available upon request which may assist you.

Industry Resources

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Additional Info

DBAs:
There are no additional DBAs.

Websites:
There are no additional web sites.

Contacts:

Jason Jepson

Other Categories:

Other Financial Services

Reputation Report

Grander Financial, Inc.

Complaints and Resolutions

Other Information