Features

Where does Leader Bank do business?

Leader Bank is based in Arlington, MA. The company was founded in 2002 and offers mortgages to borrowers in 1 states across the USA.

How much can you borrow via Leader Bank?

Leader Bank allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the mortgage company you choose..

Does Leader Bank charge a mortgage origination fee?

Yes, Leader Bank may charge a loan origination fee.

Does Leader Bank charge prepayment fees?

Yes, Leader Bank charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What mortgage programs does Leader Bank offer?

Leader Bank offers the following mortgage programs:

  • Conventional mortgages
  • FHA
  • HARP
  • USDA
  • VA

What property usage types does Leader Bank allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Leader Bank allows the following property usage types: 

  • Primary home 

  • Institution Type
    Bank
  • Intended Use
    Primary Home
  • Primary Residence
  • Estate/Trust/Retirement
  • Loan Amount
    Up to $3000000
  • Terms
    15, 30
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