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Find a Location

Delmarva Home Relief, LLC has 1 locations, listed below.

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    Business ProfileforDelmarva Home Relief, LLC

    Loan Modification

    At-a-glance

    Customer Reviews

    This business has 0 reviews

    Customer Complaints

    This business has 0 complaints

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    This company provides specialization in planning preventive options to help homeowners intended avoid foreclosure and creating affordable housing that is customized to each case.

    Products & Services

    This company offers Foreclosure Consulting, Loan Modifications, Short Sales, Deed-in-Lieu of Foreclosures, Foreclosure Mediation, Bankruptcy Services, Mortgage Auditing, Deficiency Balance and Lien Settlements, and Credit Repair Services

    Business Details

    Location of This Business
    700 E Main St STE 101, Salisbury, MD 21804-5035
    BBB File Opened:
    5/13/2011
    Years in Business:
    13
    Business Started:
    1/1/2011
    Business Incorporated:
    1/25/2011
    Licensing Information:
    • According to the Maryland Mortgage Assistance Relief Services Act, enacted July 1, 2013, this company is no longer required to hold a Credit Service Business license.

      As explained by the Office of the Commissioner of Financial Regulation website "As short sales have become more prevalent, questions have arisen as to which parties may provide assistance in executing short sales and how those parties may be compensated. Under current Maryland Law, the negotiation of short sales generally requires licensing under the Maryland Credit Services Businesses Act (MCSBA)."

      "During the 2013 legislative session, the Maryland General Assembly passed the Maryland Mortgage Assistance Relief Services Act (the Md. MARS Act).2 Mortgage Assistance Relief Services is defined as a service, plan, or program that is represented, expressly or by implication, to help homeowners prevent or postpone foreclosure or help them get other kinds of relief, like loan modifications, forbearance agreements, short sales, deeds-in-lieu of foreclosure, or extensions of time to cure defaults or reinstate loans. The legislation enacting the Md. MARS Act also amended the MCSBA to specifically exclude Mortgage Assistance Relief Service providers after the Md. MARS Act goes into effect on July 1, 2013."

      "As such, the providers of these services will no longer require a Credit Services Business License. Instead, the Commissioner of Financial Regulation and the Office of the Attorney General are authorized to enforce to the Md. MARS Act, which include disclosure requirements, prohibitions against misrepresentation of services and, as under the MCSBA, a ban on up-front fees."

      BBB encourages you to contact the Office of the Commissioner of Financial Regulation to confirm this information: http://www.dllr.state.md.us/finance/advisories/advisory-shortsales.shtml or 410-230-6100.
    Type of Entity:
    Limited Liability Company (LLC)
    Hours of Operation

    Primary

    M:
    9:00 AM - 7:00 PM
    T:
    9:00 AM - 7:00 PM
    W:
    9:00 AM - 7:00 PM
    Th:
    9:00 AM - 7:00 PM
    F:
    9:00 AM - 7:00 PM
    Contact Information

    Principal

    • Mr. Michael A. Nolen, President/CEO

    Customer Contact

    • Mr. Michael A. Nolen, President/CEO
    Additional Contact Information

    Fax Numbers

    • (410) 548-2501
      Primary Fax

    Phone Numbers

    Customer Complaints

    0 Customer Complaints

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    Customer Reviews

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    Local BBB

    BBB of Greater Maryland

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