Allstate Bancorp

The Worst And The Most Unprofessional Company

The worst and the most unprofessional company that I’ve ever worked with.

Do not trust Allstate Bancorp and their fake “No Cost Option” advertising.

You end up paying at least a thousand dollar more than what they promised to cover.

But since they do it in the last minute, you have no choice but accepting the extra charge or find a new company and start over the whole process. Stay away from “Eric Mellem” and his team.

Is Allstate Bancorp legit?
Allstate Bancorp is not a legit business owner or provider. They are not aggressive towards their customer satisfaction and complaint grievance, and hence 4 consumer(s) was/were given a Allstate Bancorp as a negative rating, and only a few left positive feedbacks.
Where is Allstate Bancorp located?
Allstate Bancorp is headquarted at 6380 Wilshire Blvd Ste 1006 Los Angeles, CA 90048. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Allstate Bancorp by dialing (800) 942-5394 or visit their website
How much monetary loss is incurred by Allstate Bancorp’s customers?
According to the reviews posted by Allstate Bancorp’s customers, US $5443 was the total loss incurred, and hence the severity of the scam is high.

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4 Reviews on Allstate Bancorp

  1. Never Again

    Allstate Bancorp’s staff and mortgage services are outstanding!!
    Rob Moradzadeh recently handled the refinancing of my home in a superb manner from beginning-to-end of the refinancing process.

    He is not only extremely knowledgeable of all mortgage and real estate financing issues but also has great skills in explaining the step-by-step requirements for obtaining home loans. Whereas other lending institutions require lengthy processes (and delays) Rob was able to successfully obtain my home loan in 4 weeks.

  2. Rob Morad was a pleasure to work with.

    Rob Morad was a pleasure to work with. He helped us reorganize our financial situation to get us the best possible interest rate. We are so happy with the end results and are looking forward to working with him again!

  3. I recently worked with Rob Moradzadeh with Allstate Bancorp.

    I recently worked with Rob Moradzadeh with Allstate Bancorp. I was the Escrow Holder for this file. In the past I have worked with many mortgage broker/lender. Rob and his team worked diligently to close our file right on time all the while being super professional and courteous.

    I was very impressed at how they alway kept everyone up to date as our file progress. I would recommend Rob with Allstate Bancorp for anyone looking to buy a new home or refinance their existing mortgage.

  4. Be careful!

    Be careful! This company didn’t do a professional job on my loan, they approved the loan before making sure everything met the conditions, it made me lose my deposit, and they refused to take responsibility.

Reported Loss :5443 $
Severity of Scam :High
Reported by : Anonymous
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