This company is fraudulent!
Company: The Mortgage Leads Network, Inc
Address : 1482 E Valley Rd. #611, Santa Barbara, CA 93108, United States
This company sells leads to mortgage people as interested parties looking for loan information who filled out a request for information personally. I ordered and returned 32 leads in a 1 month period and they were all refunded and replaced with another lead because they were all garbage. If the number was any good the people flat out denied ever filling out any information. The closest thing to a valid lead I ever got from them was someone who either just closed on a loan, as in within the last 24 hours. Or, someone who had a loan in process with someone else but didn't go through for whatever reason. It doesn't take a rocket scientist to figure out they get most of their leads from other brokers/brokerages who sell off their "junk" leads to someone else. Nice scam, if you're a scammer. Be warned; don't waste your time or money. This company is a fraudulent company and please trust me if any doubts you can check on various complaint sites.
Click here to view the corresponding Scam Report.

1 Comments:
Thanks for your post and letting us know about these guys. I deal with a lot of mortgage clients and I'm starting to hear this more often. Its very unfortunate. I'll make note of these guys and pass this along.
My company has a lead management software for mortgage brokers. I would like to offer your company a free subscription to our services (www.captaloans.com) It allows you to track your mortgage leads as well as your loan status online.
It sounded like you had a bad experience and hopefully this offer will let you know there are still companies out that recognize the value of a good customer.
There is no catch or strings. You took the time to post your experience and I respect that. Visit our website, call the 800 number and ask for MARK. Introduce yourself and I'll set you up with a free ride.
I'm hoping if you like our software and our customer service you'll post your experiences about us next time :-).
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