Written by 3:05 AM Mortgage Industry News • 2 Comments Views: 3

“Millionaire Mortgage” Company Under Review

The Millionaire Mortgage had some flashy marketing behind it when it launched last year.  Now some are wondering if flash was all that was behind it.

The company promoting the product, DPR Financial, is apparently being “reviewed” by the authorities as dozens of consumers have reportedly filed complaints.  Recent reports, like this CTV story, have various individuals suggesting there has been some kind of wrongdoing.

An article in TheRecord quotes company founder, Daniel Reeve, as saying: “we have done nothing wrong."

The company’s website (http://www.dprfinancial.com/) is now offline and its Waterloo, ON headquarters and Windsor, ON offices are shuttered for alleged non-payment of rent.

It’s a story that is still unfolding and we’ll post updates as we get them.

More from CTV, TheRecord

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Sidebar:  A story in TheRecord lists Reeve’s assistant as a contact (at 519-883-8414) if people have “problems or questions” about the company.

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Last modified: April 26, 2017

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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