Business ProfileforSt. Cloud Mortgage Inc
Additional business information
On June 28,2024, the business entered into a Consent Order with the Minnesota Department of Commerce. The Consent Order settles allegations that the business filed eighteen Residential Mortgage Loan Activity reports late, filed four Financial Condition reports late, failed to file two Residential Mortgage Loan Activity reports, and failed to file one Financial Condition report, in violation of Minn. Stat. § 58A.17 (2022).. Under terms of the Consent Order, the business agreed to pay $1,000.00 of a $12,500.00 penalty, with the balance stayed on the condition that the business has no future violations of any laws, rules or orders under MN Dept. of Commerce Authority. The business also agreed to file the required reports and pay investigative costs of $90.00. The Consent Order was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law. For more details go to the below link.
At-a-glance
Related Categories
Overview
Mortgage brokers
Products & Services
Business Details
- Location of This Business
- 606 25th Ave S Ste 101, Saint Cloud, MN 56301-4810
- BBB File Opened:
- 3/18/2013
- Years in Business:
- 12
- Business Started:
- 4/3/2012
- Business Started Locally:
- 4/3/2012
- Business Incorporated:
- 4/3/2012
- Type of Entity:
- Corporation
- Business Management
- Justin B Schaefer, Owner
- Contact Information
Principal
- Justin B Schaefer, Owner
Customer Contact
- Justin B Schaefer, Owner
- Additional Contact Information
Fax Numbers
- (320) 213-9300Primary Fax
Phone Numbers
- (320) 493-5585Other Phone
Email Addresses
- Primary
- (320) 213-9300
Customer Complaints
0 Customer Complaints
Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews
File a ComplaintBBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.