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CB Mortgage Companies Review of Benchmark Mortgage
Benchmark Mortgage

Benchmark Mortgage review: Fraud and cheating 1

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3:22 pm EST
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This company is run by two people that have a total disregard for their borrowers, employees, and relationships: Stewart Hunter and Bryan Harlan. The company has branch accounting, in which they require you to keep a significant amount of reserves, so that they can nickel and dime you to death. Payroll never returns your calls. The manager of their National Licensing Center is a convicted Felon. You can pull up a public report on him, and yet Stewart Hunter uses him to close ALL termed branches loans.

The owner of the company is only concerned about his own future, and wildly spending money to take care of a obnoxious lifestyle he has created for himself. You can never get the company attorney on the phone to resolve issues. Benchmark Mortgage has had some very key, high profile people resign. Their top producing branches are leaving the company. In the last year, they have been closing branches, with no warning, in order to take that branches pipeline, close the loans on it, to replace the losses they have been suffering from 'buy backs'.

If your branch is closed by Stewart Hunter for whatever reason, and you have 15 Loan Officers working for you, he will shut down the branch, terminate ALL of that brances employees, yank the branches pipeline, and keep all of the loan officers loans, funded and closed. He will not pay any of the loan officers on their funded loans in their name, as he states that if the Branch Manager is terminated, that Branch Manager's pipeline is termed, and belongs to the company. This is illegal if the loans are closed in the Loan Officer's name.

Loan Officers who have funded loans are not paid on them, per Bryan Harlan. He himself has personally told terminated loan officers with funded loans, that 'We will not pay you on any loans, even if they are funded, and in your name. That is our policy.' It's a recession, and many loan officers whom have not gotten paid on loans they closed with this company, are going through a state of depression. This company have ruined hundreds of Loan Officers and Branch Manager's lives. BEWARE!

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The complaint has been investigated and resolved to the customer’s satisfaction.

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Chris E. Beale
, US
Jun 29, 2011 3:30 am EDT

Please change the website address shown. THAT IS NOT THEIR WEBSITE ADDRESS; IT IS OURS AND WE ARE NOT ASSOCIATED WITH THIS FIRM. A fact check would be appreciated.