Legal Notices

MonsterLoans is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.

MonsterLoans is a licensed mortgage lender. The following states require disclosure of licensing information. (if your state is not listed, it may not require a specific license disclosure).

NMLS AND State Licensing Information:

MonsterLoans, a dba of Chou Team Realty, LLC. – NMLS Unique Identifier #1049484

http://nmlsconsumeraccess.org

Figure: 7 TAC §80.200(b)
“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.
A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”

MonsterLoans, a dba of Chou Team Realty, LLC. – NMLS Unique Identifier #1049484

Approved to originate in the following states:

  • Alabama – MonsterLoans, a dba of Chou Team Realty, LLC – Consumer Credit License #22566
  • Arizona – Monster Home Loans, a dba of Chou Team Realty, LLC. – Mortgage Broker License #0929558
  • California – MonsterLoans, a dba of Chou Team Realty, LLC – DBO Finance Lenders Law License #603L574
  • Colorado – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Company Registration
  • Connecticut – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License #ML-1049484
  • Florida – MonsterLoans, a dba of Chou Team Realty, LLCMortgage Lender Servicer License #MLD1206
  • Georgia – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License/Registration #44567
  • Idaho – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Broker/Lender License #MBL-9708
  • Illinois – MonsterLoans, a dba of Chou Team Realty, LLC – Residential Mortgage License #MB.6761234
  • Kentucky – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Company License #MC390258
  • Maine – MonsterLoans, a dba of Chou Team Realty, LLC – Supervised Leader License #1049484
  • Maryland – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License #21543
  • Michigan – MonsterLoans, a dba of Chou Team Realty, LLC – 1st Mortgage Broker/Lender License #FL0020975
  • Minnesota – MonsterLoans, a dba of Chou Team Realty, LLC – Residential Mortgage Originator License #MN-MO-1049484
  • Montana – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License #1049484
  • New Hampshire – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Banker License #21765-MB
  • New Jersey - MonsterLoans, a dba of Chou Team Realty, LLC – Residential Mortgage Lender License
  • New Mexico - MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Loan Company License
  • North Carolina – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License #L-172807
  • Ohio - MonsterLoans, a dba of Chou Team Realty, LLC – Residential Mortgage Lending Act Certificate of Registration #RM.804347.000
  • Oklahoma – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License #ML012027 & OTN #1 #ML012028
  • Oregon – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lending License #ML-5336
  • Pennsylvania – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Lender License #59911
  • South Carolina – MonsterLoans, a dba of Chou Team Realty, LLC – BFI Mortgage Lender/Servicer License MLS-1049484 & #MLS-1049484 OTN#1
  • Tennessee – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage License #131517
  • Texas – MonsterLoans, a dba of Chou Team Realty, LLC – SML Mortgage Company License
  • Virginia – MonsterLoans, a dba of Chou Team Realty, LLC – Lender License #MC-5896
  • Washington – MonsterLoans, a dba of Chou Team Realty, LLC – Consumer Loan Company License #CL-1049484
  • Wisconsin – MonsterLoans, a dba of Chou Team Realty, LLC – Mortgage Banker License #1049484BA

Lower your Monthly Payment/ Reduce monthly payment’ Disclosure: Please note that, where stated or implied, reducing your monthly payment through refinancing into another loan, albeit at a lower rate may increase your total interest payment (finance charges) over the life of the new loan because of the re-amortization of the loan into a term that is greater than the term on an existing loan that is being refinanced.