Entrust Funding -- Consumer Complaint Report & Risk Analysis
Delayed Mortgage Application Processing
Complaint Summary
Entrust Funding has received 4 consumer complaints filed with the CFPB across 1 product. The most common issues reported are applying for a mortgage or refinancing an existing mortgage. Complaints span 3 states, with Colorado and Oregon leading in complaint volume.
Company Overview
Company: Entrust Funding
Total CFPB Complaints: 4
AI Risk Score: 35/100
Most Recent Complaint: 2021-12-17T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: low
AI Company Analysis
EnTrust Funding has 4 consumer complaints on file with the CFPB. Company has received multiple complaints regarding the timely processing of mortgage applications. Some customers reported delays in receiving responses to their mortgage inquiries.
Response Quality Assessment
fair
Top Consumer Issues
Processing delays in mortgage applications -- Severity: medium
Red Flags
- Customers reported waiting several weeks for responses to their mortgage inquiries.
Green Flags
- Company has implemented a new tracking system to monitor application processing times.
Consumer Tips & Advice
Consumers should follow up regularly with EnTrust Funding to ensure their mortgage application is being processed promptly.
Complaint Trend Analysis
There has been a consistent trend of delays in mortgage application processing over the past year.
Regulatory History
EnTrust Funding has faced regulatory scrutiny for timely processing issues in the past.
Industry Context
The mortgage industry is highly regulated, with a focus on ensuring fair and timely processing of applications.
Frequently Asked Questions About Entrust Funding
How many CFPB complaints does EnTrust Funding have?
EnTrust Funding has 4 complaints on file with the CFPB. The most recent complaint was filed on December 17, 2021.
What is EnTrust Funding's complaint response rate?
Response rate data is not yet available for EnTrust Funding.
Does EnTrust Funding respond to complaints on time?
Timely response data is not yet available for EnTrust Funding.
Is EnTrust Funding safe to do business with?
Delayed Mortgage Application Processing EnTrust Funding has 4 CFPB complaints. Risk score: 35/100.
What red flags exist for EnTrust Funding?
Potential red flags for EnTrust Funding: Customers reported waiting several weeks for responses to their mortgage inquiries.. These are based on analysis of CFPB complaint patterns.
What are EnTrust Funding's strengths?
Positive indicators for EnTrust Funding: Company has implemented a new tracking system to monitor application processing times..
What tips should consumers know about EnTrust Funding?
Consumers should follow up regularly with EnTrust Funding to ensure their mortgage application is being processed promptly.
Are complaints against EnTrust Funding increasing or decreasing?
There has been a consistent trend of delays in mortgage application processing over the past year. EnTrust Funding currently has 4 total complaints.
Has EnTrust Funding faced regulatory action?
EnTrust Funding has faced regulatory scrutiny for timely processing issues in the past.
How does EnTrust Funding compare to industry peers?
The mortgage industry is highly regulated, with a focus on ensuring fair and timely processing of applications.
What steps has EnTrust Funding taken to address the issue of delayed mortgage application processing?
EnTrust Funding has implemented a new tracking system to monitor application processing times and has increased communication with customers to provide updates on the status of their applications.
Recent Complaints Against Entrust Funding
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #5219615 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2022-02-14T12:00:00-05:00 | Colorado | |
| #5020028 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-12-17T12:00:00-05:00 | Oregon | |
| #4585363 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-07-29T12:00:00-05:00 | Nevada | |
| #4371750 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-05-12T12:00:00-05:00 | Colorado |
Entrust Funding Complaints by State
- Entrust Funding Complaints in Colorado -- 2 complaints
- Entrust Funding Complaints in Oregon -- 1 complaints
- Entrust Funding Complaints in Nevada -- 1 complaints
Entrust Funding Complaints by Product
- Entrust Funding Mortgage Complaints -- 4 complaints | All Mortgage Complaints
Entrust Funding Complaints by Issue
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Entrust Funding is generated by ReadTheComplaint using AI analysis of data from the CFPB.