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Report: #1481794

Complaint Review: ICS Loans - Seattle Washington

  • Submitted:
  • Updated:
  • Reported By: Dan — United States
  • ICS Loans 1546 NW 56 Street Seattle, Washington United States

ICS Loans Become a Loan Broker with ICS Loans Scam Seattle Washington

*UPDATE Employee: We gave him the tools to be successful, but the work still needed to be done.

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I joined as an agent and paid $295 and the monthly fee of $99. Then 2 months passed after I took their training and certification,  But still, they didn't get me started and left on the bench to idle. And then they sent me an email and stated that I was not qualified to join them as a broker with the following excuses that I didn't have the 1-year experience despite  ICS Loans already knew my background during the initial interview.

  • Minimum 2 years commercial or residential real estate agent, lending, or other financial experience, residential mortgage ok.
  • 4 Year college degree preferred.
  • Minimum 2-year associates required (no exceptions).
  • Outside Sales Position
  • Comfortable in commission only environment (weekly draws)
  • Exclusive, full-time contract commitment to ICS.
  • Minimum 1 year sales experience.
  • Financially stable (minimum 3 months savings).
  • ICS CERTIFIED- Must complete ICS Commercial Loan Advisor Training & Certification Online prior to joining team.


So, ICS Loans kept my $495 and never returned. I even called the CEO Ryan Mosley to inquire and he cursed at me in all f words and hung up the phone. This kind of scam and fraudulent recruitment campaign must be stopped.

This report was posted on Ripoff Report on 07/12/2019 12:29 PM and is a permanent record located here: https://www.ripoffreport.com/report/ics-loans/seattle-washington-become-1481794. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 UPDATE Employee

We gave him the tools to be successful, but the work still needed to be done.

AUTHOR: Briana - (United States)

POSTED: Tuesday, November 05, 2019

An important distinction here is that this customer was just a paying member of our services, and not an agent who was hired to work with our company. We were offering our online training for $295 and additional tools and resources for $95/month.

Our online training course is open to the public, and we provide the tools and resources to anybody who wants to get started as a commercial mortgage broker. We work with these independent brokers on a 1099 contract only basis, and they are responsible for originating their own leads.

We do require experience for our senior partner roles, which is not what he originally applied for or joined to be when he paid. After 2 months, he did not like the independent position so he applied for a higher up position which was denied. Over the course of those 2 months, we provided this customer with thousands of contacts to network with, training, and professional business resources.

We gave him the tools to be successful, but the work still needed to be done. When you buy a gym membership, you can’t blame the gym for not losing the weight for you. They just provide the tools to lose weight, you still have to put the work in.

We were sorry to hear that commercial lending was not for him, but he did use all of the resources and time that we provided him and that is why the bank did not give him his money back when he disputed his fees. Hopefully he has found success in another field and best of luck to him.

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