Mortgage Broker
Woodbridge Mortgage, LLCAbout
Important information
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:Pending Government Action
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the government’s allegations, which have not yet been proven.
On April 9, 2025 the Connecticut Department of Banking (DOB) Commissioner Jorge Perez issued a notice to revoke the mortgage broker and mortgage loan originator licenses of Woodbridge Mortgage (Woodbridge), as well as a Cease and Desist. Among the DOB allegations are that Woodbridge received origination compensation based on the terms of mortgage transactions by issuing rebate checks for closing costs but failed to disclose said rebates. It is additionally alleged that the business failed to keep complete records, failed to file accurate mortgage call reports, and that the business website claimed to offer services that it was not licensed for. Woodbridge has the opportunity the request a hearing which, if requested, would take place on June 11, 2025. This matter remains pending.
About This Business
Years in Business: 24
Business Details
- Local BBB:
- BBB Serving Connecticut
- BBB File Opened:
- 7/9/2002
- Business Started:
- 8/1/2000
- Business Incorporated:
- 9/19/2000
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management:
- Mr. Lionel Kim, Managing Director
Additional Contact Information
- Principal Contacts
- Mr. Lionel Kim, Managing Director
- Customer Contacts
- Mr. Lionel Kim, Managing Director
- Fax numbers
- Primary Fax: (203) 393-9112
- Other Fax: (203) 752-1882
- Additional Phone Numbers
- Other Phone: (203) 772-3537
Additional Information
- Other Resources
- Banking, CT Department of (DOB)
260 Constitution Plaza
Hartford CT 06103
Phone Number: 800-831-7225 - Business Categories
- Mortgage Broker, Title Agent
More Resources
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