Guild Mortgage Reviews: Comstock Mortgage is owned by Guild Mortgage

Guild Mortgage Reviews

This is a collection of reviews by people who have used Guild Mortgage Company. This blog is an effort to inform consumers about Guild Mortgage practices and experiences in order for them to make an educated decision around loan companies.

Have you had an experience with Guild Mortgage? Please send it to me at guildmortgagereviews@gmail.com and let me know if you would prefer it to be anonymous, otherwise your first name and city/state would be great -- or -- leave it in the comments!

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Thursday, June 18, 2015

Comstock Mortgage is owned by Guild Mortgage

Comstock Mortgage, based in Sacramento, California, was acquired by Guild Mortgage in September of 2014. The company stated:

“We will benefit from bringing our two companies together, providing powerful synergies that will allow us to be successful as a company, and individually”

The acquisition brought Guild Mortgage 15 offices throughout California, over 180 loan offices and reported $600M loan originations in 2013. The acquisition was effective in October of 2014.

The BBB for Comstock looks good and prior to the acquisition there didn't seem to be many customer complaints, but it is considered "Closed" by the Better Business Bureau.