SuperMoney
  MonsterLoans Mortgage Refinance

MonsterLoans Mortgage Refinance

in Mortgage Refinance from MonsterLoans · NMLS ID #1049484

Unaffiliated

MonsterLoans Mortgage Refinance

Unaffiliated

in Mortgage Refinance from MonsterLoans · NMLS ID #1049484

Net Recommendation Score -33%

SUPERMONEY NET RECOMMENDATION SCORE

-33%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
1 user recommends
0 users are unsure
2 users don't recommend
Cast your vote
Cast your vote

Would you recommend MonsterLoans Mortgage Refinance to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Loan Amount Up to $2,000,000
Loan Term (Years) 15 - 30 years

MonsterLoans Mortgage Refinance Review

MonsterLoans Mortgage Refinance is offered by MonsterLoans (NMLS #1049484), a direct lender founded in 2015 and based in Lake Forest, CA. MonsterLoans Mortgage Refinance is available in 16 states across the USA.

Key Takeaways
  • Mortgage programs available. MonsterLoans Mortgage Refinance refinances FHA, HARP, USDA, VA, conforming, and conventional mortgages.
  • Interest Rate Types. MonsterLoans Mortgage Refinance offers hybrid mortgages and fixed-rate mortgages.
  • Primary and secondary homes considered. Investment homes, such as rental properties, do not qualify for refinancing. However, MonsterLoans Mortgage Refinance does offer refinancing for primary and secondary homes (e.g. vacation properties).
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage refinance loan early.
MonsterLoans Mortgage Refinance Pros & Cons
Pros Cons
  • Charges an origination fee.
  • Charges prepayment fees.
  • No co-sign option.
  • Only available in 16 states.
MonsterLoans Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via MonsterLoans Mortgage Refinance?

The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. MonsterLoans Mortgage Refinance offers mortgages refinancing with terms ranging from 15 to 30 years.

Does MonsterLoans Mortgage Refinance charge a mortgage origination fee?

Yes, MonsterLoans Mortgage Refinance will charge a loan origination fee.

What mortgage programs does MonsterLoans Mortgage Refinance offer?

MonsterLoans Mortgage Refinance offers the following mortgage types:

  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • HARP: A mortgage refinance program for home loans owned or backed by Fannie Mae or Freddie Mac. No minimum credit score or value appraisal required.
  • USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
  • VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What property usage types does MonsterLoans Mortgage Refinance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. MonsterLoans Mortgage Refinance allows the following property usage types: 

  • Primary home
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 7:00am - 6:00pm
  • Tuesday 7:00am - 6:00pm
  • Wednesday 7:00am - 6:00pm
  • Thursday 7:00am - 6:00pm
  • Friday 7:00am - 6:00pm
  • Saturday 10:00am - 5:00pm

Other Services by MonsterLoans

Availability

  Available in 16 states
  • Arizona
  • California
  • Colorado
  • Florida
  • Georgia
  • Illinois
  • Maryland
  • New Jersey
  • North Carolina
  • Oregon
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Virginia
  • Washington

Feature Breakdown

Intended Use Primary Home
APR Starting at 3.53%
Loan Term 15 - 30 years
Loan Amount Up to $2,000,000
Interest Rate Types Offered
  • Hybrid Mortgage
Mortgage Programs
  • FHA
  • HARP
  • USDA
  • VA
Terms 3/1, 5/1, 7/1, 10/1, 15, 30 years

MonsterLoans Mortgage Refinance Community Reviews

 

Would you recommend MonsterLoans Mortgage Refinance to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

-33%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

sorted by

Other Mortgage Refinance