Loan Options

Whether you are looking to refinance or purchase a new home, MonsterLoans offers options specializing in today’s home loans: Fixed, ARM, Jumbo, VA, FHA and HARP. Let us help you find the right product for your specific needs and situation. We provide specialized attention to every client, so that we secure the best loan possible for their situation, no matter how complex. We are your friends in financing!

Fixed Rate Loans

Fixed rate mortgages provide security with their consistent monthly payment requirements for the life of the loan. This is the most popular option for those looking to purchase or refinance a home.

Adjustable Rate Mortgage Loan (ARM)

People choose an ARM loan to take advantage of lower payments, when they aren’t sure how long they will stay in their home, and when they expect a significant increase in property value.

Hybrid ARMs

This is a popular ARM which starts with a fixed rate and then adjusts for the loan remainder. For example, your loan could be fixed for 3, 5, 7 or 10 years.

Jumbo Loans

Need a loan larger than $417,000? We can offer you competitive rates and up to $2,000,000, to help you buy your new home or refinance. Your choice of a Fixed or Adjustable Rate Jumbo Loan.

FHA LOANS

Government-assisted alternatives to traditional loan financing. They are insured by the Federal House Administration and help first-time homebuyers and/or those with imperfect credit, achieve their dream of home ownership.

VA LOANS

The U.S. Department of Veterans Affairs (VA) guarantees long-term financing for eligible active military and veterans, up to $417,000. They offer competitive interest rates, flexible financing, and more.

HARP LOANS

Is your house underwater? The U.S. government Home Affordability Refinance Program (HARP) is available so that homeowners can qualify for assistance and refinance their homes.

Monstrous Money-Back Guarantees

$1,000 Best Loan Guarantee 1

If you can provide us with a legitimate lender approval showing a comparable program and terms at lower fees and lower payments, for 30 days after your loan closes, we will write you a check for $1,000!

No-Risk Appraisal Guarantee 2

Should your loan not close for any reason other than you cancel your loan with MonsterLoans. If the appraised value comes in lower than estimated, we will reimburse you for your appraisal payment—guaranteed!

Free Refinance Guarantee 3

For up to three years after we have completed your loan, if rates improve and you want to refinance it, we will waive all of our charges. (If you wish, we will send you a separate, signed commitment for your records.)

Disclaimers:
1 Lender approval must be a firm approval with commitment to lend. Lender approval must not be given prior to accurate verification of all qualifying information and documentation including but not limited to income, employment, mortgage balances, lien types and amounts, etc. Lender approval must include stipulations required to fund. All terms must be comparable including but not limited to loan type, term, interest rate, APR, payoffs, lender/broker fees, etc. Excluding Free Refinance Guarantee, one guarantee reimbursement may be offered per customer/loan transaction.

2 Reimbursement of appraisal payment will not be honored if the company finds that there is insufficient equity in the property to satisfy approvable loan requirements of information at time of application; or if information is inaccurate and/or cannot be verified.

3 Customer of Monster Loans, Inc. must supply Free Refinance Certificate at time of new refinance. Applies to rate and term refinances. Offer not available for cash-out and/or debt consolidation loans. Must qualify for a loan program offer by Monster Loans, Inc. at time of request.

Excluding Free Refinance Guarantee, one guarantee reimbursement may be offered per customer/loan transaction. Guarantee only eligible after six months have passed from initial loan transaction completed. Guarantee does not include 3rd party costs and fees, such as title, escrow and state fees.