BBB Business Review

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This business is not BBB accredited.

MLD Mortgage Inc.

Find a Location

Phone: (973) 895-2003 Fax: (973) 805-2204 30 B Vreeland Road, Florham Park, NJ 07932 http://www.themoneystore.com


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Description

This business offers an arrary of mortgages to borrowers, including, refinancing, reverse, purchases, jumbo loans and construction loans.


BBB Accreditation

This business is not BBB accredited.

Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.

To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.


Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that raised the rating for MLD Mortgage Inc. include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 16 complaint(s) filed against business
  • Resolution of complaint(s) filed against business


Customer Complaints Summary Read complaint details

16 complaints closed with BBB in last 3 years | 5 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 2
Billing/Collection Issues 1
Delivery Issues 4
Guarantee/Warranty Issues 0
Problems with Product/Service 9
Total Closed Complaints 16

Customer Reviews Summary Read customer reviews

0 Customer Reviews on MLD Mortgage Inc.
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: January 27, 2003 Business started: 08/01/2000 in NJ Business incorporated 08/01/2000 in NJ
Licensing, Bonding or Registration

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:

State Department of Banking & Insurance
20 West State Street, CN-040, Trenton NJ 08625
http://www.state.nj.us/dobi/index.html
Phone Number: 609-292-7272
The number is L047025.

NMLS - Nationwide Mortgage Licensing System & Registry

The number is 1019.

Type of Entity

Corporation

Business Management
Mr. Gary Dear, EVP Business Development Mr. Lawrence Dear, President & CEO Mr. Morton Dear, Secretary & Treasurer Mr. Dave Zilberman, EVP Secondary Marketing
Contact Information
Principal: Mr. Gary Dear, EVP Business Development
Principal: Mr. Lawrence Dear, President & CEO
Business Category

Mortgage Brokers Mortgage and Nonmortgage Loan Brokers (NAICS: 522310)

Alternate Business Names
The Money Store
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BBB Customer Review Rating plus BBB Rating Overview


BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.
Details

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.