First Option Mortgage

Stay Away

The product I was in the market for was a USDA Rural Development mortgage. I found their name from the list of USDA approved mortgage brokers.

The first couple days were great and I was impressed on the turn around time.

Unfortunately they couldn’t maintain. I was interrupted by the government shutdown in early to mid October.

During this time I expected to get as much “leg work” completed with the broker.

Three weeks after the government came online, the USDA RD department still had not seen my application.

After 90 days, I decided to switch to an FHA product as I needed to close on the house so I didn’t loose the deal.

I thought we were within a few days of closing and I get a call that the Lake Oswego branch had been shut down and everyone was told to go home.

A few days later, some loan officer calls me from Salt Lake city trying to pickup where the previous employee left off.

By that time I had already pursued other options. Bottom line, this company is so focused on hitting quotas.

You’re just a number to them. They should re-brand to “Last Option” or “Plan Z” cause they’re horrible.

Never settle for a home mortgage. Get what is best for you. Stay away. You’ve been warned!

Allied Mortgage Resources (A division of Mann Mortgage LLC) saved my home purchase and closed my USDA RD loan in under 30 calendar days (including Christmas and New Years holidays).

Is First Option Mortgage a scam?
First Option Mortgage is a scam and a bad service provider as per the report filed on They are not aggressive towards their customer satisfaction and complaint grievance.
Is First Option Mortgage legit?
First First Option Mortgage is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by First Option Mortgage’s consumers?
There is/are 1 review(s) posted about First Option Mortgage and it indicates that the severity of the scam is High.
Where is First Option Mortgage located?
First Option Mortgage is located at 5335 Meadows Rd #151, Lake Oswego, OR 97035, USA. You can contact First Option Mortgage by dialing (503) 840-6400 or visit their website before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by First Option Mortgage’s customers?
According to the report(s), US $3226 was the total loss incurred by First Option Mortgage’s customers.

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Reported Loss :3226 $
Severity of Scam :High
Reported by : Anonymous
Views :