legal notices
Monster Loans 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.
Monster Loans 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:
Monster Loans, a dba of Chou Team Realty, Inc. – NMLS Unique Identifier #1049484
Attention Texas residents:
COMPLAINTS REGARDING MORTGAGE BANKERS SHOULD BE SENT TO THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. 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 WEB SITE AT WWW.SML.TEXAS.GOV.
Monster Loans, a dba of Chou Team Realty, Inc. – NMLS Unique Identifier #1049484
Approved to originate in the following states:
Arizona – Monster Loans, a dba of Chou Team Realty, Inc. – Mortgage Broker License #0929558
California – Monster Loans, a dba of Chou Team Realty, Inc. – Licensed by the California Bureau of Real Estate (BRE)- #01524290 – Finance Lenders Law License #603L574
Colorado – Monster Loans, a dba of Chou Team Realty, Inc. – Licensed by the Colorado Mortgage Company
Florida – Monster Loans, a dba of Chou Team Realty, Inc. – Residential Mortgage License #MLD1206
Georgia – Monster Loans, a dba of Chou Team Realty, Inc. – Mortgage Lender License #44567
Maryland – Monster Loans, a dba of Chou Team Realty, Inc. – Mortgage Lender License #21543
Oregon – Monster Loans, a dba of Chou Team Realty, Inc. – Mortgage Lender License #ML-5336
Texas – Monster Loans, a dba of Chou Team Realty, Inc. – SML Mortgage Baker Registration, NMLS #1049484
Virginia – Monster Loans, a dba of Chou Team Realty, Inc. – Lender License #MC-5896
Washington – Monster Loans, a dba of Chou Team Realty, Inc. – Mortgage Lender License #CL-1049484
Pending State license approvals: LA, MN, OH, and more to come.