Where does Monster Loans do business?
Monster Loans is based in Irvine, CA. The company was founded in 2003 and offers mortgages to borrowers in 23 states across the USA.
How much can you borrow via Monster Loans?
Monster Loans allows borrowers to apply for loan amounts of up to $2,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
What range of rates does Monster Loans offer?
Monster Loans offers home loans with APRs starting at 3.267% .
Does Monster Loans charge a mortgage origination fee?
Yes, Monster Loans may charge a loan origination fee.
Does Monster Loans charge prepayment fees?
Yes, Monster Loans 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 Monster Loans offer?
Monster Loans offers the following mortgage programs:
- Conventional mortgages
What property usage types does Monster Loans allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Monster Loans allows the following property usage types:
- Primary home
- New Hampshire
- New Jersey
- New Mexico
- North Carolina
- South Carolina