Monumental Funding, LLC ratings, reviews and complaints - Real Estate Investments

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:

We have received no complaints against this company.

Our complaint services are free and our team of expert mediators will assist in resolving complaints with businesses.

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Complaint Closing Statistics

0 complaints against Monumental Funding, LLC 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 real estate investments.

Primary Contact:	Jermaine Boone (CEO)
Business Started:	8/21/2006
Social:

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Licensing

As of our last verification, on October 10, 2007, this company's offer was not qualified by the State of California to solicit to California residents. The DOC maintains a database to verify registrations online at www.doc.ca.gov. Inquiries can be sent by mail to, California DOC, Securities Regulation Division, 1515 K Street, Suite 200, Sacramento, CA 95814-4052. The DOC can also be contacted by phone, toll-free at 1-866-ASK-CORP (1-866-275-2677).

Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

This company offers a real estate investment claiming to provide a minimum return of 17.31% for investments of $10,000 or more.

According to the company, they purchase real estate trust deeds at deeply discounted rates and your investment is securitized by the assignment of their interest in a trust deed to an investor. We have reviewed the company’s documents and cannot find any assignment of the trust deed. The document that purports to be a promissory note is not a negotiable instrument nor is it securitized. In other words, an investor would receive an unsecured promise to pay from the company.

Before committing your money to any investment, we strongly advise that the agreement be reviewed with your own attorney and that actual ownership of the properties be confirmed through a title insurance company.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

Industry Resources

Advertising Reviews

Additional Info

DBAs:

Monumental Funding Corporation

Websites:
There are no additional web sites.

Contacts:

William Biddle III (Co Owner)

Reputation Report

Monumental Funding, LLC

Complaints and Resolutions

Other Information