Get Directions. All went as you outlined and the results were exactly as you said they would be. Again, thanks for your excellent service and documentation., National Family Mortgage has been exceptionally helpful in educating us about intra-family mortgages. It covers all the bases., Our experience with National Family Mortgage has been great. Im very pleased with your services and would gladly recommend National Family Mortgage. Learn what the Fair Housing Act covers, how to complain, and how the investigation process works. Inauguration of the President of the United States, file a complaint with your state consumer protection office. Email Us(888) 636-1990 The message says theres something wrong with Its Cyber Security Awareness month, so the tricks scammers use to steal our personal information are on our minds. If a company offering help with your mortgage debt doesn't follow these rules, it could be trying to scam you. A .gov website belongs to an official government organization in the United States. 900 Merchants Walk SW STE A. Huntsville, AL 35801-5256. It states that unfair and deceptive practices affecting commerce are unlawful. Open All + The steps to set up the loan were just what we needed and the whole process was very straight forward. Tim Burke personally made sure everything went smoothly. Thank you again for providing this service to us in a timely and efficient manner., You have really been helpful through this whole process. An official website of the United States government. He and his team guided us step by step through the process, and the outcomea properly documented and recorded family loan that allows our daughter and son-in-law to claim a mortgage deduction while we recognize miscellaneous incomeis just what we needed for the tax man., My mother, who together with my father provided me with the mortgage loan for the house I now live in, visited my home for the first time just this past week, and one of the first things she said when she saw the place was, Elisa, you need to write a testimonial for National Family Mortgage. I think shes glad I bought the house! 4 The analysis is based upon a manual review of a random representative sample consisting of 500 of the 1200 reverse mortgage complaints submitted to the CFPB. I talked with Tim Burke and he explained everything very clearly and we decided to go with National Family Mortgage. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. We would recommend National Family Mortgage to anyone who is thinking about this type of loan., National Family Mortgage provided top quality service and everything was accomplished quickly and efficiently. I do not trust companies that use illegal ad tactics. Thank you!! Scammers often ask you to pay in ways that make it tough to get your money back. Learn English and Attend College in the U.S. Don't even inquire with this company or you'll wouldn't regret it. 9am - 5pm ET, Mon - Fri. If you transfer the deed to the scammers, they can sell the home and keep the money made from the sale. A lock ( Transferring the deed doesnt change the fact that the mortgage is yours. All Rights Reserved. If you cancel your loan, youll have to return the money youve borrowed so far, and you may lose your home. Thanks again!, My wife and I wanted to assist our daughter in the purchase of her first home. A BIG thank you to National Family Mortgage. Ask a real person any government-related question for free. received during this period.4 Mortgage complaint volume has remained relatively steady since January 2020, averaging around 2,500 complaints per month. It goes against our guidelines to offer incentives for reviews. While I was a little leery at first about using a non-traditional on-line processing company, the research I did made me believe this was the right approach to take in making a loan within our family. I had some un-invested funds that were earning no interest. I would recommend National Family Mortgage to anyone looking to extend a mortgage to a family member! You have saved us time and money while providing peace of mind. I dont think that I could have done a private mortgage without your help. BNC National Bank doesn't publish its starting rates online, but according to Home Mortgage Disclosure Act data, the company has had a lower average rate for home purchase loans than the. International Association of Better Business Bureaus. In some cases, you should file your complaint with more than one agency, especially at the federal and state level. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. The process was simple and the few questions that I had were answered promptly and with great care! Web: Category: Attorneys & Legal Services. I didnt know how, but National Family Mortgage made the whole process understandable and amazingly smooth. I would us them again in the same situation., We wanted to do a family mortgage the right way. Tim Burke has been a delight to work with, especially his thorough and prompt responses to my queries. Phone: 866-623-0001. Great communication and response time, and a very reasonable cost considering all the filing fees and expenses covered in the one-time payment. Breakdown 4.4/5 Company Stability 4.0/5 The whole process was remarkably simple. Thanks for all of your help., We were very happy to work with National Family Mortgage on our mortgage. Fortunately we found National Family Mortgage which guided us through the whole process painlessly and moreover very quickly. I heartily recommend this site for anyone who has a need for this type of mortgage loan., After reading about National Family Mortgage in a newspaper article, I decided to help my son and daughter in law with the purchase of their first home. Learn what the Fair Housing Act covers, how to complain, and how the investigation process works. to help homeowners and renters affected by the coronavirus pandemic. Laws about the rights of tenants and landlords are almost always handled at the state level. Unsubscribing using the third-party marketing partners tool only confirms my email address, which they will use for other campaigns. It was a great deal for both of us. What do you think? The cost was reasonable, and the arrangement creates value for both the lender and the borrower. These laws require lenders to disclose information to homebuyers before buying and over the life of the mortgage. Overall a great experience!, Once again, I appreciate your professional yet very friendly and helpful attitude, your knowledge and expertise, your careful attention to detail, and your fine and informative website. In June, we approached you again since our younger son was looking for his first house. But discrimination against someone who is lesbian, gay, bisexual, transgender, or queer (LGBTQ) may still be in violation of the Act or other state or local regulations. It was going to be complicated; she lives in Australia and we live in Santa Fe. In fact, the scammer sometimes raises the rent over time, and after you miss several rent payments, you're evicted. Its truly a unique service that benefits both the borrower and the lender., As first time home buyers, my wife and I didnt have the first clue about how to secure an intra-family home mortgage. He's helped over 1,500 people with their life insurance needs across the country. I would not recommend this company because they are aware of their infractions, yet continue. You must still pay back your original mortgage loan. You actually exceeded our expectations in ease, speed and efficiency of coordinating our long distance family mortgage. GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years of helping people build financial health and resiliency. A locked padlock This is the way to go and I have no hesitation about recommending National Family Mortgage to others., I really appreciate the service you have provided. Guide, please submit your questions or comments via the message box on this page. The scammer rushes you because buried in the stack is a document that gives them the deed to your home in exchange for the loan. This law prohibits lenders from denying credit because of certain characteristics. A few months ago when our son and then future daughter-in-law had difficulty obtaining their mortgage we found your service on the web. Find out what to do if you have one of these complaints when buying or renting a home. Several government agencies accept complaints about mortgage lenders. They engage with a criminal enterprise and turn a blind eye to federal regulations to increase their sales. In fact, they were astonished to find out that such solutions offered by National Family Mortgage exist which enable the transferring of wealth out of ones estates with much peace of mind and affecting win-win situations in all parties. Any questions we had were quickly answered. I have done 15 to 20 purchases and refinancings in my life this was the most complicated, yet absolute smoothest. National Family had plenty of coverage options for me and my family. Scammers target desperate homeowners looking to avoid foreclosure and stay in their homes. The scammers say theyll handle all the details of a deal with your lender to lower your mortgage payments or save your home from foreclosure. If you have a complaint against a mortgage company, try to resolve it with the company first. Will be happy to recommend your services to anyone who may ask., Looking to help our son with the purchase of a house, I learned about National Family Mortgage from a syndicated article in the Chicago Tribune and called to get more clarity. You lose your home and youre still responsible for the unpaid mortgage. Looking for alternatives for your holiday shopping? For those who have the financial wherewithal, this service has so many positives attached, its a No Brainer !, I had explored the concept of the Family Mortgage to assist my daughter in purchasing her first home. Call your state bar or check its website to see if a lawyer you're thinking of hiring has gotten into trouble. In some cases, you should file your complaint with more than one agency, especially at the federal and state level. As a corporate lawyer, I appreciate how youve really simplified a potentially daunting process (at a very fair price) and that you were always there to answer my questions. USAGov is the Official Guide to Government Information and Services, Government Agencies and Elected Officials, Indian Tribes and Resources for Native Americans, Commonly Requested U.S. Laws and Regulations, How Laws Are Made and How to Research Them, Personal Legal Issues, Documents, and Family History, Who Can and Cant Vote in U.S. Tim Burke answered all our questions promptly and with expert knowledge. Tim Burke has been personally quite responsive and open and things went much more smoothly than with the recent bank loans Ive experienced. Call the HOPE Hotline at 1-888-995-HOPE (1-888-995-4673). : mortgage loan auditors, or foreclosure prevention auditors, lawyers, or other experts. She was stuck with a high interest mortgage and we wanted to help her out. Thank you National Family Mortgage., I couldnt have been more pleased with the service I got from National Family Mortgage. Documents emailed to family for review within 7 business days. We purchased our home sometime last Year in July. Learn English and Attend College in the U.S. We picked a win-win mortgage option. For questions about a mortgage, you can contact the bank Monday through Friday, 8:30 a.m. to 5 p.m. CT. at 913-647-7000. Call the HOPE Hotline at 1-888-995-HOPE (1-888-995-4673). Lock File a complaint with HUD and the fair housing office in your state if a mortgage company discriminated against you because of your: The CFPB enforces several laws, such as the Truth in Lending Act and the Real Estate Settlement Procedures Act. You explained all the details and answered all of our questions and made the process easy to follow. The entire process went smoothly afterwards and everyone is happy. Customer Review Rating. Please enable JavaScript in your web browser; otherwise some parts of this site might not work properly. I will heartily recommend you to anyone who is considering an intra-family loan., National Family Mortgage provides a valuable service at significant savings compared to the use of a lawyer to prepare the necessary documents. Proper documentation and protocol are paramount, and its easy to feel as if it is acceptable to not do it properly. He cannot do that. Thank you, National Family Mortgage for making the process not only possible, but simpler and more enjoyable than we had reason to expect., Having National Family Mortgage set up the loan and handle all the details has been a Godsend. Here are some common warning signs of a mortgage relief scam: Scammers come up with different stories to pressure you into paying them. The Win-Win Mortgage is an excellent investment vehicle for our family and helped us attain our dream home., We found the family loan experience aided by National Family Mortgage to be of great value. State agencies that address tenant rights, free legal aid from a non-profit organization, U.S. Department of Housing and Urban Development, file a complaint with your state consumer protection office. Id encourage anybody considering an intra-family mortgage to use your service. Claim your profile to access Trustpilots free business tools and connect with customers. It was a win-win for both of us with me earning better than market interest rates, and she getting competitive rates she would not have been able to secure through a bank. If you are looking to contact National Family Assurance Corporation directly, call them at (844) 358-4700. Through Jan. 1, 2017, the CFPB has handled approximately 1,080,700 complaints nationally. Appreciate your help and guidance. Results differ for each state, but you may find: You may eventually decide that you need help from a lawyer. Your state has a licensing organization or bar that monitors lawyers conduct. I will post this and other similar messages on Trust Pilot every time I get these emails to lower your Trust score. Also, file a complaint with your state consumer protection office about a mortgage fraud or scam. After we close we notice an issue with the garage lock which was installed poorly. We wish National Family Mortgage much growth and success for years to come so that our children and their children would use National Family Mortgages services from generation to generation., National Family Mortgage makes an inherently complicated process much easier, while making sure everything is documented and registered as it should be. Thanks again for this valuable service., National Family Mortgage has gone out of their way to make sure the whole mortgage process was smooth and easy. All in all an excellent way of setting up an inter-family transaction that makes the process as painless as possible, and at a reasonable price., We had a very good experience with National Family Mortgage. In one version of the scam, you get a call and a recorded message that says its Amazon. Compared to the monthly average during the past 24 months, people submitted 18 percent fewer mortgage complaints in October 2018. It is reassuring that the family mortgage meets all legal requirements of a valid mortgage. Make smart shopping decisions, know your rights, and solve problems when you shop or donate to charity. 9am - 5pm ET, Mon - Fri. The banks did not want to deal with our relatively small refinance and/or they wanted substantial fees. They promise to give you a portion of the profit when the home sells. Consider me a very satisfied customer!, National Family Mortgage was a lifesaver! This business has 0 reviews. Our detailed Free Product Being self-employed, banks dont want to loan money to small business owners wanting to buy a home; so, this was a huge success as far as my situation is concerned. I highly recommend these services to anyone considering helping out a family member with a loan., I am extremely pleased with the product and customer service provided by National Family Mortgage. My parents get a great return on their investment and I get a great rate on my loan. What he can do, is prolong the inevitable (possibly) by a few months. Throughout the process, every one of my questions, my parents questions, and my realtors questions were answered promptly and well, and every one of our interactions with people from National Family Mortgage were conducted/received in a way that was friendly, polite and helpful. The concept of intra-family mortgage was new to me; I greatly valued the ease with which I could get answers to all my questions. Our NFCC-certified counselors give you options to manage credit card debt, student loans and homeownership. Its best to come to an agreement directly with the landlord or manager. Guide. National Mortgage Help Center Williams Litigation Center scammed me into a fee for a loan modification that never happened. He recently graduated from college, started a new job and the mortgage payment on his condo is lower than if he rented an apartment plus he is building equity. No matter how you paid a scammer, the sooner you act, the better. But from the time we engaged National Family Mortgage every step of the process was handled professionally and with a personal touch. We accomplished with National Family Mortgage what the standard mortgage houses wanted $4,000 or more to do. They say the audit can help you. Your state has a licensing organization or bar that monitors lawyers conduct. Our daughter is enjoying her new home and her mother and I are happy for her. The whole transaction went smoothly and our daughter received a legal, professional and properly documented and recorded family mortgage. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Freedom Mortgage has been accredited with the Better Business Bureau since 2001 and has an A+ rating. This was very frustrating, because initially the credit union told me that with my credit score, they didnt think it would be a problem. While we qualified for an attractive rate with a traditional mortgage, the savings from structuring our loan with our relatives was a no brainer for everyone involved. Apparently when people use their trusted family lawyers to draw up mortgages and the associated paperwork, the results are mixed. The Win-Win mortgage is a great value for all parties involved. AN ADVISOR OR REAL ESTATE AGENT. We would recommend them highly to others., Our experience with National Family Mortgage was excellent. For example, the Act addresses wheelchair access in some newer properties. However, be warned because they are known to call prospective customers 5-10 times daily. This service is well worth the cost!, Working with National Family Mortgage was seamless. If you've already submitted a complaint, you can check the status of your complaint. The .gov means its official. National Family Mortgage gave me all the tools to make it happen and it was easy. National Family mortgage helped make the whole process easy and pain free. In the middle of the conversation I was having he disconnected the phone, and the robot calls immediately started. Scammers will demand payment upfront, before you get any services. If you cant find the answers to your questions in our Free Product Official websites use .gov I would recommend this service to anyone considering a Family Mortgage., This process worked perfectly for us. The outcome and the product is exactly what you promised and you made it very easy to accomplish. Report a mortgage company to the FTC if it makes deceptive statements, omits important facts, or takes misleading actions. I would recommend this method of financing to everyone who is in a position to use it. The process of creating documents was easy to understand and straight-forward and I paid a very reasonable fee. I had never expected such a high level of support from an online service., Our family made a great choice having National Family Mortgage arrange the paperwork for our loan, giving amazing personalized service. Thanks for your excellent service., You are awesome! In some cases, you should file your complaint with more than one agency, especially at the federal and state level. The site is secure. We would not hesitate to use National Family Mortgage again if the need arises., When considering doing a Family Mortgage we were at a loss as to how to accomplish the goal where all of the forms, agencies, (i.e. BBB is here to help. File a complaint with the CFPB if a lender has denied a mortgage application because of your: The Department of Housing and Urban Development (HUD) enforces the Fair Housing Act. Thanks again., We were delighted by the simplicity and affordability of the family loan that was facilitated by National Family Mortgage. Aside from the great customer service, one cannot discount the absolutely vital importance of having a professional handle a family mortgage. My parents invested in me, basically, and I invested in a home, and none of the three of us see any downside to the arrangement! And you deliver it well., Thanks again for the great service. Visit website nationalfamilymortgage.com Reviews Details Write a review Be the first to review Business transparency Did not verified company info Ask their customers for reviews Did not replied to negative reviews To verify ownership of the company, you should click the button below Proof of ownership See latest reviews about companies on Twitter Do not reply, asking me to unsubscribe or provide you with my information. It is very much deserved!, Words cannot describe how grateful we are with this intra-family home purchase/finance transaction. But even if you sue and win, your lender doesnt have to modify your loan simply to make your payments more affordable or give you more time to repay the loan. Housing discrimination is prohibited by the Fair Housing Act. Several government agencies accept complaints about mortgage lenders. As a tenant, if you pay to rent a home or an apartment, you may at some point have a dispute with the landlord or management company. 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. You may use this quote if you would like!, I want to send my compliments and positive feedback about our experience using your services. I would definitely recommend your service to anyone who wants to keep the money in the family. Youve been a great help and a friendly voice amid the paper shuffle., National Family Mortgage helped it make it possible for our daughter and her husband to purchase a home during a move with special circumstances that made obtaining a traditional lender financed mortgage temporarily impossible. It gets a first family mortgage complaints. . We used your solution for our eldest son and it is working perfectly, especially the monthly payments, the monthly statements and the year-end statement. Contact Information. They saved me a huge amount of time and legal fees., You and your company are one of the most ethical and honest companies that any consumer could hope to work with. The Consumer Financial Protection Bureau (CFPB) enforces the Equal Credit Opportunity Act. National Family Mortgage helps protect families who are borrowing, lending, or gifting money with relatives to purchase or refinance a home. I strongly recommend National Family Mortgage to anyone considering a Family Mortgage., We used National Family Mortgage to help our daughter and son-in-law with their first home. Examples of common mortgage complaints include: The Federal Trade Commission Act is the primary statute of the Federal Trade Commission (FTC). Five Stars!, No lie, was a little apprehensive at first, but now, a few months in, the process was extremely easy/seamless and all parties are happy.