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Leader Bank

in Mortgage Refinance

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Leader Bank

Unaffiliated

in Mortgage Refinance

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Overview

Where does Leader Bank do business?

Leader Bank is a bank based in Arlington, MA. The company was founded in 2002 and offers mortgage refinancing to borrowers in 2 states across the USA.

What is the maximum loan term for a mortgage refinance via Leader Bank?

The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Leader Bank offers mortgages refinancing with terms ranging from 10 to 30 years.

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 home 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
  • Secondary homes and vacation properties 
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Contact

Other Services by Leader Bank

Availability

Available in 2 States
  • Connecticut
  • Massachusetts

Feature Breakdown

Intended Use
  • Investment
  • Primary Home
  • Secondary Home
Loan Term (Years)
10 - 30
5 40
Loan Amount
Up to
$3,000,000

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