Mortgage Network is a direct lender based in Danvers, MA. The company was founded in 1988 and offers mortgages to borrowers in 26 states across the USA (and Washington, DC).
Mortgage Network 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 lender you choose.
Mortgage Network offers home loans with APRs starting at 3.245% .
Yes, Mortgage Network may charge a loan origination fee.
Yes, Mortgage Network 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.
Mortgage Network offers the following mortgage programs:
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Mortgage Network allows the following property usage types:
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