MegaStar Financial Corp. NMLS #3043
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Who is MegaStar Financial Corp.?
MegaStar Financial Corp. (NMLS #3043) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Is MegaStar Financial Corp. legit?
Here's what public licensing records show. MegaStar Financial Corp. holds mortgage licenses in 34 states, including Arizona, Arkansas, Colorado, Connecticut, Florida (NMLS ID #3043, per NMLS records as of October 1, 2026). FreeRateUpdate does not rate, endorse or vouch for lenders. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
Key Facts
- Lender or brokerMegaStar Financial Corp.
- NMLS #3043
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
- Biography reviewed byPaige Sutton, NMLS #1888684 ()
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Reported application outcomes and pricing, 2025
- Filed asMEGASTAR FINANCIAL CORP.
- 2025 home loan decisionsOf 1,196 applications decided by MEGASTAR FINANCIAL CORP. in 2025, 1,169 were originated, 0 were approved but not accepted by the borrower, and 27 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 97.7%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 393 applications were withdrawn by the borrower, 38 were closed for incompleteness, and 0 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.199 percentage points above the average prime offer rate (reported on 1,122 originations, 47 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$5,501.71 — originated closed-end household loans, 2025, 1,150 of 1,169 loans. FFIEC HMDA data browser.
- Median origination charges$1,445.00 — originated closed-end household loans, 2025, 1,090 of 1,169 loans. FFIEC HMDA data browser.
- Median lender credits$10,006.89 — originated closed-end household loans, 2025, 1,163 of 1,169 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types884 Conventional, 212 FHA, 66 VA, 7 USDA — of 1,169 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for MEGASTAR FINANCIAL CORP. — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
About MegaStar Financial Corp.
Overview
MegaStar Financial Corp. is a mortgage lender for home financing. Borrowers can work with a loan officer and use a borrower portal for loan information and payments.
Mortgage options
Mortgage options include FHA, USDA, and VA loans, as well as Non-QM lending, bridge loans, and ITIN lending.
Locations
MegaStar Financial Corp. has 28 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maine, Minnesota, Missouri, New Hampshire, Nevada, and Washington.
Company details and licensing
MegaStar Financial Corp. is a corporation formed in Colorado on March 11, 1999, with headquarters at 1080 Cherokee Street in Denver, Colorado. NMLS company ID is 3043. Trade names include Metraggo, Mountain Express Mortgage, and QuickLoan. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #3043 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS Consumer Access, looked up rather than cited from a dated record. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Frequently Asked Questions
Is MegaStar Financial Corp. legit?
Here's what public licensing records show. MegaStar Financial Corp. holds mortgage licenses in 34 states, including Arizona, Arkansas, Colorado, Connecticut, Florida (NMLS ID #3043, per NMLS records as of October 1, 2026). FreeRateUpdate does not rate, endorse or vouch for lenders. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
What is MegaStar Financial Corp.'s NMLS number?
MegaStar Financial Corp.'s NMLS number is 3043. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified MegaStar Financial Corp.'s NMLS ID?
Yes. We checked MegaStar Financial Corp.'s company name and NMLS ID against the NMLS record on August 7, 2026. They've been in our lender network since August 2015. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about MegaStar Financial Corp.?
This page has MegaStar Financial Corp.'s NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.