BBB Logo

Better Business Bureau ®
Start With Trust®
In Monroe, LA

BBB Business Review

What is a BBB Business Review?

BBB Accredited Business since 08/19/2011

Power Mortgage

(318) 323-28481000 N 6th St, MonroeLA 71201-5536 Send email to Power Mortgage

BBB Business Reviews may not be reproduced for sales or promotional purposes.

Description

We are a residential Mortgage Lender. Prequalification, Origination, Underwriting and Closing of mortgage loans. We are licensed in Louisiana

BBB Accreditation

A BBB Accredited Business since 08/19/2011

BBB has determined that Power Mortgage 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 Power Mortgage's rating include:

  • Length of time business has been operating.
  • No complaints filed with BBB.
  • BBB has sufficient background information on this business.

Customer Complaints Summary

0 complaints closed with BBB in last 3 years | 0 closed in last 12 months
Complaint TypeTotal Closed Complaints
Advertising / Sales Issues0
Billing / Collection Issues0
Problems with Product / Service0
Delivery Issues0
Guarantee / Warranty Issues0
Total Closed Complaints 0

Additional Information

top
BBB file opened: 08/11/2011Business started: 01/01/1998Business started locally: 06/01/2008New Owner Date: 04/20/2014
Licensing

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.

BBB records show a license number of 89736 for this company. The expiration date of this license is 12/31/2014.

Type: Dept of Banking & Finance

BBB records show a license number of 93243 for this company. The expiration date of this license is 12/31/2014.

Type: Dept of Banking & Finance

Type of Entity

Partnership

Contact Information
Principal: Mrs. Courtney Holyfield (Branch Manager)
Business Category

Mortgages, Reverse Mortgage, Accident Reconstruction Service

Products & Services

This company offers fixed 30,20,15 & 10 year mortgages, reverse mortgages & rural development, FHA & VA for purchase or refinance

Hours of Operation
Mon: 08:30 AM to 05:00 PMTue: 08:30 AM to 05:00 PMWed: 08:30 AM to 05:00 PMThu: 08:30 AM to 05:00 PMFri: 08:30 AM to 05:00 PM
Refund and Exchange Policy

There is no refund or exchange policy

Service Area

All of Louisiana

Alternate Business Names
DBA Westar Mortgage Corporation
Industry Tips
Mortgage Choices
Beware of Predatory Practices in Home Mortgage Lending
Home Buyers: Protect Yourself from Predatory Lenders
Investors Warned Not to Risk Homes to Buy Securities
Know the Facts about Reverse Mortgages
Mortgage Choices
To Rent or Buy - Which is Right for You
X

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.

X

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.