Anyone know of Allison Capital

[John S Lewis]

Has anyone heard of these people or done business with them?  Looking for reviews.  Thank you.

[Edwin Epperson]

@John S Lewis, it's good you're asking questions.  If they are holding themselves out to be a "lender" and they are in the business of making loans, then you need to check with NJ laws to determine if a license is required in the state of NJ.  There are several states that require a license to originate (make or create a loan) and there are many others which do not.  If NJ does require a license but they are stating they can make loans in the following states; Arizona, California, Nevada, North Dakota, South Dakota, Vermont then you should still request their NMLS #.  Why? Because if they are advertising to be able to make loans in those states and don't have a lic. then they are willing to break the law and you should not be OK with working with a lender who is OK with this.

Second thing you can do is search the state where they are incorporated to see if they actually have a business registered in the state.  Also get someone on the phone.  Speaking with someone will help you sort through the yellow and red flags.  Best wishes and if anything you could always use a lender from here on BP.