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BBB Accredited Business since 01/27/2011

American Mortgage & Equity Consultants, Inc.

Find a Location

Phone: (952) 698-3300Fax: (952) 698-3350View Additional Phone Numbers7760 France Ave S STE 1010, BloomingtonMN 55435-5880 Send email to American Mortgage & Equity Consultants, Inc.View Additional Web Addresses

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BBB Accreditation

A BBB Accredited Business since 01/27/2011

BBB has determined that American Mortgage & Equity Consultants, Inc. 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 American Mortgage & Equity Consultants, Inc.'s rating include:

  • Length of time business has been operating.
  • Complaint volume filed with BBB for business of this size.
  • Response to 1 complaint(s) filed against business.
  • Resolution of complaint(s) filed against business.
  • BBB has sufficient background information on this business.

Customer Complaints SummaryRead complaint details

1 complaint closed with BBB in last 3 years | 1 closed in last 12 months
Complaint TypeTotal Closed Complaints
Delivery Issues1
Advertising / Sales Issues0
Billing / Collection Issues0
Problems with Product / Service0
Guarantee / Warranty Issues0
Total Closed Complaints 1

Customer Reviews Summary Read customer reviews

0 Customer Reviews on American Mortgage & Equity Consultants, Inc.
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: 09/20/2010Business started: 09/01/1997

This company is in an industry that may require licensing, bonding or registration in order to lawfully do business. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Minnesota Department of Commerce
85 7th Pl E Ste 500
Saint Paul, MN55101-6013
(651) 539-1500

Type of Entity


Incorporated: September 1997, MN

Business Management
Principal: Michele Teasdale (Quality Control Manager)Joshua Boss (Corporate Operations Manager)Jennifer Harazin (Director of Operations)
Contact Information
Stacey Ellestad (Vice President) Todd Ellestad (President)
Business Category

Mortgage Lender, Mortgage Brokers

Products & Services

According to the information provided by American Mortgage & Equity Consultants, this company provides mortgage services and specializes in residential, new home, and refinancing services.

According to information supplied by the company, American Mortgage & Equity Consultants offers residential financing for the purchase or refinance of 1-4 family properties.

Alternate Business Names
American Mortgage & Equity, American Mortgage & Equity Consultants Inc, American Mortgage & Equity Consultants Inc (AMEC), American Mortgage and Equity Consultants, American Mortgage Equity Consultants
Industry Tips
Beware of Predatory Practices in Home Mortgage Lending
Home Buyers: Protect Yourself from Predatory Lenders
Investors Warned Not to Risk Homes to Buy Securities
Mortgage Choices
To Rent or Buy - Which is Right for You

If you choose to do business with American Mortgage & Equity Consultants, Inc., please let them know that you contacted BBB for a Business Review.


What is a BBB Business Review?

We offer free reviews on businesses that include background, licensing, consumer experience and other information such as governmental actions that is known to BBB. These reviews are provided for businesses that are BBB accredited and also for businesses that are not BBB accredited.


BBB Reporting Policy

As a matter of policy, BBB does not endorse any product, service or business.

BBB Business Reviews are provided solely to assist you in exercising your own best judgment. Information in this BBB Business Review is believed reliable but not guaranteed as to accuracy.

BBB Business Reviews generally cover a three-year reporting period. BBB Business Reviews are subject to change at any time.