Report: #1402231

Complaint Review: Frank Martorana - Chula Vista California

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  • Reported By: Loan Officer — Chula Vista California United States
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  • Frank Martorana 2060 Otay Lake Rd #200 Chula Vista, California USA

Frank Martorana Gold Star Financial Nations Lending Does not Pay Commissions, Keeps them for Himself Chula Vista California

*REBUTTAL Individual responds: Really

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Went to work for Frank Martorana, the minute I started I realized something was not right. The overhead was skyrocketing no loans were getting though because Frank hired his girlfriend/landlord/roommate that has zero mortgage experience to process our files. She thought every loan had MI. The company also had the same problem with every person in production. None of them have or had any experience. Needless to say, none of the loans submitted closed, at least this is what Frank said.

Come to find out, several of my loans closed and Frank claimed they did not, I called the company's main office and found out they had closed. After several back and forth conversations with Frank, I realized he was never planning on paying me for the deals I rightfully referred to Frank or Underwrtiting. 

I am at a huge loss but I know moving forward I will be ok. I know KARMA is very stong in my world and I just want to warn every loan officer of his scam. Don't be fooled by his Salemanship, he has no place being a Branch Manager. You will end up losing one way or another.

This report was posted on Ripoff Report on 09/25/2017 12:27 PM and is a permanent record located here: https://www.ripoffreport.com/reports/frank-martorana/chula-vista-california-91914/frank-martorana-gold-star-financial-nations-lending-does-not-pay-commissions-keeps-them-1402231. 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 REBUTTAL Individual responds


AUTHOR: Frank - (United States)

POSTED: Tuesday, November 28, 2017

This is by in no way the truth about this relationship. You were on a draw and what you owed was far more that what you made in the time you worked with me. I have no control over who gets paid and who does not, that is all done through corporate based on draws & commissions.

The reason this is handled at the corporate level not only at Gold Star but most companies operating under this business model is to make sure the very thing you are accusing me of does not happen.

Also Slate you were paid 2 weeks’ severance when we let you go, when you had a draw out of over $10,000. Who do you know that would firer someone that owed them 10k and still give 2 weeks severance? For some people enough simply is not enough.

I wish you the best brother. 

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