Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Cookie Preferences

Many websites use cookies or similar tools to store information on your browser or device. We use cookies on BBB websites to remember your preferences, improve website performance and enhance user experience, and to recommend content we believe will be most relevant to you. Most cookies collect anonymous information such as how users arrive at and use the website. Some cookies are necessary to allow the website to function properly, but you may choose to not allow other types of cookies below.

Necessary Cookies

What are necessary cookies?
These cookies are necessary for the site to function and cannot be switched off in our systems. They are usually only set in response to actions made by you that amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not work. These cookies do not store any personally identifiable information.

Necessary cookies must always be enabled.

Functional Cookies

What are functional cookies?
These cookies enable the site to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Performance Cookies

What are performance cookies?
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Marketing Cookies

What are marketing cookies?
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant content on other sites. They do not store personal information directly, but are based on uniquely identifying your browser or device. If you do not allow these cookies, you will experience less targeted advertising.

Find a Location

Advisors Mortgage Group, LLC has 6 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Advisors Mortgage Group, LLC

      1411 Highway 35 Ocean, NJ 07712-3545

      BBB Accredited Business
    • Advisors Mortgage Group, LLC

      407 Pine Street Red Bank, NJ 07701

      BBB Accredited Business
    • Advisors Mortgage Group, LLC

      518 Main St Ste 106 Boonton, NJ 07005-1794

      BBB Accredited Business
    • Advisors Mortgage Group, LLC

      127 Route 23, Suite 20 Hamburg, NJ 07419

      BBB Accredited Business
    • Advisors Mortgage Group LLC

      23832 Rockfield Blvd Ste 230 Lake Forest, CA 92630-2885

    Business ProfileforAdvisors Mortgage Group, LLC

    Mortgage Banker
    HeadquartersMulti Location Business
    BBB accredited business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    At-a-glance

    Customer Reviews

    2/5stars

    Average of 4 Customer Reviews

    Customer Complaints

    5 complaints closed in last 3 years

    2 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 11/23/2021

    Years in Business: 25

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    This company offers home mortgages

    Business Details

    This is a multi-location business.

    Find a Location

    Advisors Mortgage Group, LLC has 6 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Advisors Mortgage Group, LLC

        1411 Highway 35 Ocean, NJ 07712-3545

        BBB Accredited Business
      • Advisors Mortgage Group, LLC

        407 Pine Street Red Bank, NJ 07701

        BBB Accredited Business
      • Advisors Mortgage Group, LLC

        518 Main St Ste 106 Boonton, NJ 07005-1794

        BBB Accredited Business
      • Advisors Mortgage Group, LLC

        127 Route 23, Suite 20 Hamburg, NJ 07419

        BBB Accredited Business
      • Advisors Mortgage Group LLC

        23832 Rockfield Blvd Ste 230 Lake Forest, CA 92630-2885

      Headquarters
      1411 Highway 35, Ocean, NJ 07712-3545
      BBB File Opened:
      7/28/2004
      Years in Business:
      25
      Business Started:
      10/1/1999
      Business Incorporated:
      12/22/1998
      Accredited Since:
      11/23/2021
      Licensing Information:
      This business is in an industry that may require professional licensing, bonding or registration. 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 33041 for this business, issued by NMLS - Nationwide Mortgage Licensing System & Registry

      These agencies may include:

      NMLS - Nationwide Mortgage Licensing System & Registry

      BBB records show a license number of 68478 for this business, issued by NMLS - Nationwide Mortgage Licensing System & Registry

      These agencies may include:

      NMLS - Nationwide Mortgage Licensing System & Registry

      BBB records show a license number of 111333 for this business, issued by NMLS - Nationwide Mortgage Licensing System & Registry

      These agencies may include:

      NMLS - Nationwide Mortgage Licensing System & Registry

      Type of Entity:
      Limited Liability Company (LLC)
      Alternate Business Name
      • Fix-It Mortgage
      • Advisors Mortgage Group
      • Fix-It Renovation Lending
      Business Management
      • Mr. Steven T. Meyer, President
      • Mr. Sean Clark, Vice President
      • Ms. Pamela Clark, Secretary
      • Mr. John Thompson, Operations Coordinator
      Contact Information

      Principal

      • Mr. Steven T. Meyer, President
      • Mr. Sean Clark, Vice President

      Customer Contact

      • Mr. Sean Clark, Vice President
      Additional Contact Information

      Fax Numbers

      • (732) 960-2330
        Primary Fax

      Phone Numbers

      Email Addresses

      Website Addresses

      Customer Complaints

      5 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 Complaint

      Customer Reviews

      4 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Chrissy G

      1 star

      04/07/2023

      This company preys on seniors who they know are in desperate need of financial assistance. Horrible. My 83 yo father received an advertisement in the mail. He reached out to this company and started the process on a reverse mortgage. Was told he'd be receiving a good chunk of money without them even looking at the property. Being strapped for cash he decided to go through with the process. His property is old, home built in **** with no updates, but **** still encouraged him to continue with the process. They sent an appraiser out, then gave my dad a list of repairs he'd need to do to be approved. Did I mention it was a complete remodel of a 2nd unit that is considered a tear down. When I asked how was he supposed to pay for these repairs when he's already strapped for cash I was told they could take the money out of the loan. Long story short I reached out to a realtor in our area, explained the situation. He asked for a copy of the appraisal. I informed him we were never given one, even though I paid for an appraisal. He immediately became suspicious, looked into my dad's property and informed us we were being scammed. He said there's absolutely no way my dad's property would even pass the fha requirements for the loan. If your loved ones are working with this company please intervene and find a realtor in your area who can better assist you.

      Advisors Mortgage Group, LLC Response

      04/24/2023

      Home Equity Conversion Mortgages (HECMs) are FHA-insured reverse mortgages. FHA sets standards and guidelines concerning the condition of the properties it will accept as collateral. Although seniors may utilize HECM loan proceeds to make repairs and improvements to their properties, the loans are not permitted to close if there are health and/or safety issues involved. We would have no way of knowing such issues existed at time of application unless this information were volunteered by the applicant.The appraiser inspected the property but was unable to complete the report. Due to the extensive amount of repairs that were needed, a consultant would have to be brought in for a cost estimate. We did receive pictures of all required repairs and a list of what needed to be done. Our loan officer provided this list to the applicant and his daughter, who was helping him; however, the repairs were never finished. We did refund the cost of the appraisal since a written report was never completed.

      Local BBB

      BBB Serving New Jersey

      BBB Reports On

      BBB reports on known marketplace practices.

      BBB 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.