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Advantage Capital Group

  47 inquiries |
Foreclosure Consultants |   Business Alert

2741 Hamner Avenue Suite 201
Norco , CA 92860
| Get Directions

(888) 228-5775

http://www.advantagecapitalgro...

Company Rating

A

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Customer Reviews

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Complaint Experience

N/A

Complaint Resolution Index (CRI)

Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

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Complaints and Resolutions

Complaint Experience

N/A

Complaint Resolution Index (CRI)

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. Other complainants allege that the company fails to return phone calls or otherwise respond to inquiries concerning the status of their foreclosure proceedings.

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Complaint Closing Statistics

0 complaints against Advantage Capital Group 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's business is providing loan modification services.

Primary Contact: Mike Sims
Business Started: 8/14/2008
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Licensing

California law requires all Real Estate Brokers who charge advance fees to provide loan modifications or foreclosure services to first submit materials for an Advance Fee Services Agreement. You may check with the Department of Real Estate to verify whether or not the company has an advance fee agreement on file customers may call the Department of Real Estate at (916) 227-0770 or visit their website at www.dre.ca.gov/mlb_adv_fees_list.html.

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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.

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Additional Info

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