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Get to know franklin first financial, ltd.

Founded in the 1990s, Franklin First Financial, Ltd. was a privately held direct mortgage lender that provided a range of home loan products, including conventional, FHA, VA, and reverse mortgages. The company operated across multiple states in the U.S. and was known for its rapid growth. However, in October 2017, the company suddenly shut down all operations, terminated its entire workforce, and subsequently filed for Chapter 7 bankruptcy protection, leading to numerous regulatory actions from state authorities.

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franklin first financial, ltd.

United States

Founded in

1993 (33 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.