Stratton Equities

28 Bloomfield Ave, 07058, Pinebrook, United States
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4.40
Based on 20 Reviews

5

85.00%

4

0.00%

3

0.00%

2

0.00%

1

15.00%
About Stratton Equities

Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is owned and operated by leading industry professionals providing a reliable and knowledgeable team to help mortgage borrowers succeed.

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Gerald Eaton
GB

WORST experience I EVER had!!!!!! The worst experience I EVER had and I an an experienced real estate investor. I have extensive experience in the purchase and refinance of real estate properties, extending into the double digits, and this is the first time that a closing had to terminate and AFTER signing closing documents. Both Jake and Heather were not forthcoming or honest concerning many important aspects of the process and made statements that were not correct or not able to be confirmed (and I am attempting to be politically correct in not stating that I was provided untruths or lies). Anytime information was requested from me, I provided back to them in less than 24 hours, while they would take days or weeks to get back with me. I was originally told that I could close in less than 45 days. I started the process May 12, 2022 and a closing was finally scheduled August 18, 2022 which was terminated because even after I signed, they sent a new HUD statement to the title company charging me an additional $5,000 which I did not agree to. As I said the new HUD was sent directly to the title company, without Stratton Equities even providing me some type of communication as a courtesy to inform me. I had to be contacted by the title company to inform me that the loan had not funded because they needed another signature on documents that they received the next day, after they received signed closing documents. There was sooo sooo much that was very unprofessional about my interactions with both Jake and Heather that occurred during this whole process. From not locking in my rates when requesting, until interest rates rose, to not wanting to provide me a copy of the appraisal report that I paid (directly to the appraiser) for. And I was told that I would not receive the report until after closing. I had to bring up that I would be contacting a lawyer, before I was then able to receive the appraisal report. Even my insurance broker called me complaining how unprofessional and how unpleasant his experience with Jake and Heather was. I could go on with more specific examples, but I am sure no one will read through all that I could write about my horrific experience with Stratton Equities. Your experience with them may be different, but for anyone that may ask my opinion of Stratton Equities, I have NOTHING good to say about them.

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Jason Wheeler
GB

Great team! I had trouble finding a lender that took the time to walk me through all the complex loan programs. Stratton walked me through it all and made it really simple. It's rare to come by such a patient team!

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Jim Wilson
GB

Stratton Equities has gone over and… Stratton Equities has gone over and beyond for me. I have a lot of investment properties and I always look to to Stratton for guidance. They are always upfront with me even when I get concerned buying or cashing out. They always guide me in the best direction and I never doubt their service and of all patience.

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KG
GB

Stratton is a predatory lender Stratton is a predatory lender as its finest. As a borrower, I repeatedly ask Heather and Jake for loan documents. They have been procrastinating and refused to provide the same until the very last minute. When I reviewed the loan documents, Stratton inserted a whooping 35% usury default rate, without any cure provisions. That means, Stratton can allege anything under the Event of Default, then collects 35% interest until the property is foreclosed or sold. They got my LLC tax election wrong and would not budge to make those changes. I have never seen any lender this condescending. Doing business with Stratton is like beggars cannot be chooser, work with them at your own risk.

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Robert Siegler
GB

Five Star Service I worked with and have known Michael for nearly 20yrs. His professionalism and dedication to his craft are unmatched. Anyone looking to obtain financing should seek out Michael and his team at Stratton Equities.

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