Megastar Financial Inc.
MegaStar is a mortgage banker not a mortgage broker. Our loans are processed, underwritten and funded using MegaStar's systems. MegaStar has its own funding line and is approved by the National Mortgage Associations, otherwise known as Fannie Mae and Freddie Mac.
Megastar was rated the top mortgage company (A+ rating) out of any other mortgage bank in the US by ml-implode.com.* We were one of the few banks that made the decision to stay away from the sub prime loans. For the past 5 years we have been consistent with what works and witch is qualifying the borrower and writing good loans for the consumer. Megastar is now offering Safe and Secure Government product to help save customers homes. We have partnered with FHA Secure and made a commitment to help borrowers that are struggling because of their sub prime loan.
*www.ml-implode.com - provides information on all the banks that have imploded in the last 2 years. The website also has all the banks that are on the edge of imploding. Out of over 120 of the banks that still remain strong Megastar Financial was the only bank with an A+ rating.
