BBB Business Review
BBB Accredited Business since
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A BBB Accredited Business since
BBB has determined that Owner Builder Loans, LLC meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.
BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.
Reason for Rating
BBB rating is based on 16 factors. Get the details about the factors considered.
Factors that raised the rating for Owner Builder Loans, LLC include:
- Length of time business has been operating.
- No complaints filed with BBB.
- BBB has sufficient background information on this business.
Customer Complaints Summary
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This business is in an industry that may require professional licensing, bonding
or registration. BBB encourages you to check with the appropriate agency to be certain
any requirements are currently being met.
These agencies may include:
Office of Financial and Insurance Svcs
P.O. Box 30220, Lansing MI 48909
Phone Number: (517) 373-0220
Fax Number: (517) 335-4978
Type of Entity
Business ManagementMr. Miles Arnold, Vice President
Alternate Business NamesOwner Builder Loan Services
Prospective loan brokers should realize that successful
achievement and advancement depend on one's ability to obtain
loans for clients. Large earnings cannot be guaranteed, and
potential loan brokers should realistically evaluate their own
ability to do this type of work before making large investments
of time or money. Contact those already in this highly
competitive field to learn of their experience. Check with
local banks, savings and loan associations and other financial
institutions to determine if they will do business with a loan
broker. Check local and state requirements relating to the kind
of business to be conducted, including business regulation
departments and your state securities commission to determine if
there are any licensing requirements or restrictions. Some
states require licensing if you act as a mortgage broker or if
the loan is secured by real estate. Check with newspapers to
determine if they will accept loan broker ads.