Reader Questions

Has Embrace Home Loans Scammed People and Are They Reputable? – Marie

Single mom with 2 teenage boys. Work full time with our local Red Cross Mobile.

I received information in the mail from Embrace Home Loans and have been doing some research on it. I read where some people were not happy at all with the results almost like they got scammed by this company and others who had wonderful results. How good are they? Are they very reputable or not? Have they scammed people?

Marie




This reader question was submitted for site members to answer.

This is your chance to be a hero and help out this person by providing your feedback and answer to the question. Post your response in the comments section below.

If you have a credit or debt question you’d like to ask just use the online form.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.


See also  Should We Go With Embrace Home Loans for Debt Consolidation? - Jennifer



About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

5 Comments

  • Beware of poster named Chip or Chip Leak, as seen below. I’ve seen him on various message boards singing the praises of Embrace Home Loans. Must be an employee, etc…

  • Beware of poster named Chip or Chip Leak, as seen below. I’ve seen him on various message boards singing the praises of Embrace Home Loans. Must be an employee, etc…

  • Embrace Home Loans Scam? Impossible! Embrace Home Loans only does residential government insured home mortgages. You cannot do Government Insured Mortgage without successfully passing state and federal audits along with all state and federal licensing requirements. Embrace Home Loans is an approved lender for Fannie Mae and Freddie Mac, approved by HUD for FHA insured loans, approved by VA, and an issuer for Ginnie Mae. Embrace Home Loans is licensed in 46 states since 1983. Since they have an A+ rating with the local BBB Boston Chapter, it would be pretty hard for them to receive all the 5-Star ratings, reviews, and recommendations if they were “scamming” people!
    See Licensing Info here along with BBB info; http://www.embracehomeloans.co

  • Embrace Home Loans Scam? Impossible! Embrace Home Loans only does residential government insured home mortgages. You cannot do Government Insured Mortgage without successfully passing state and federal audits along with all state and federal licensing requirements. Embrace Home Loans is an approved lender for Fannie Mae and Freddie Mac, approved by HUD for FHA insured loans, approved by VA, and an issuer for Ginnie Mae. Embrace Home Loans is licensed in 46 states since 1983. Since they have an A+ rating with the local BBB Boston Chapter, it would be pretty hard for them to receive all the 5-Star ratings, reviews, and recommendations if they were “scamming” people!
    See Licensing Info here along with BBB info; http://www.embracehomeloans.com/about-us/licensing.aspx

Leave a Comment

Scroll to Top