CFPB · Single-product concentration

Prospect Mortgage, LLC

112 CFPB complaints · 99.1% in "Mortgage" · top issue Application, originator, mortgage broker.

112 CFPB complaints

Prospect Mortgage, LLC: 99.1% of 112 CFPB complaints sit in "Mortgage". Timely 68.8% · relief 12.5%. Allegations, not findings.

  • Single-product concentration
  • -83.3% filings 2012 to 2018

CFPB relief outcome brief

CCDB company prospect-mortgage-llc

12.5% relief · 68.8% timely · 112 filings · Mortgage

Nearest relief peer: Towne Mortgage Company (12.5% relief)

Prospect Mortgage, LLC (this)12.5%Autovest, L.L.C.1.8%Berman & Rabin, P.A.8.9%Caneel Capital, LLC1.8%Merchants Credit Bureau, Inc.0.9%
Closed-with-relief % among Prospect Mortgage, LLC and nearest filing-volume peers

Prospect Mortgage, LLC closes 12.5% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

How 112 complaints split on narrative text

CFPB records optionally include a consumer narrative. These two counts add to this company's total filings, volume of text present, not a finding about severity.

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Timely response rate 68.8%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 12.5%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Prospect Mortgage, LLC complaint mix by product

Total complaints: 112

Prospect Mortgage, LLC complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 112 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Mortgage: 111 complaints (99.1%), resolution 12.6% Mortgage 99.1% Credit reporting,: 1 complaints (0.9%), resolution 0.0%
  • Mortgage 111 99.1% 13% relief
  • Credit reporting, 1 0.9% 0% relief

How Prospect Mortgage, LLC's 112 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Mortgage 111
Credit reporting, credit repair services, or other personal consumer reports 1

Where Prospect Mortgage, LLC complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
CA
23.2% of this company's filings
CA26NY12IL10FL9NJ5MD5TX4VA4

Prospect Mortgage, LLC falling annual filings

Annual filing volume from the CFPB public database

Falling vs first year
2018
2
-83.3% vs 2012
0102030 2012201320142015201620172018 2

Top States

State Complaints
CA 26
NY 12
IL 10
FL 9
NJ 5
MD 5
TX 4
VA 4
NC 4
MA 4
WA 3
CO 3
IN 3
LA 2
RI 2
OR 2
AZ 2
GA 2
HI 1
DE 1

Top Issues

Issue Complaints
Application, originator, mortgage broker 45
Settlement process and costs 30
Loan servicing, payments, escrow account 14
Credit decision / Underwriting 11
Loan modification,collection,foreclosure 4
Applying for a mortgage or refinancing an existing mortgage 2
Trouble during payment process 2
Incorrect information on your report 1
Improper use of your report 1
Closing on a mortgage 1
Struggling to pay mortgage 1

Yearly Trend

Year Complaints Timely
2012 12 91.7%
2013 19 78.9%
2014 18 88.9%
2015 19 47.4%
2016 27 63%
2017 15 60%
2018 2 0%

Source: CFPB Consumer Complaint Database

Prospect Mortgage, LLC filings cluster in one product

Prospect Mortgage, LLC's 112 logged complaints stay concentrated: only 26 states show a filing. Only 25.9% of filings carry a written consumer narrative, so most of this record is coded categories rather than verbatim complaint text. Records run from 2012 through 2018-12-06.

Prospect Mortgage, LLC answers 68.8% of complaints inside the CFPB's tracked window and closes 83.9% with a written explanation. 12.5% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Mortgage" draws the most filings, most often for "Application, originator, mortgage broker."

A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about Prospect Mortgage, LLC.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Prospect Mortgage, LLC: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Data sourced from official public datasets for Prospect Mortgage, LLC (68.8% timely; 12.5% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration