Where does Quicken Loans do business?
Quicken Loans is a direct lender based in Detroit, MI. The company was founded in 1985 and offers mortgage refinancing to borrowers in 50 statess across the USA (and Washington, DC).
What range of mortgage balances will Quicken Loans refinance?
Mortgage refianancing loans start at $25000 and go up to $3000000
What is the maximum loan term for a mortgage refinance via Quicken Loans?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Quicken Loans offers mortgages refinancing with terms ranging from 8 to 30 years.
Does Quicken Loans charge a mortgage origination fee?
Yes, Quicken Loans may charge a loan origination fee.
Does Quicken Loans charge prepayment fees?
Yes, Quicken Loans charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Quicken Loans offer?
Quicken Loans offers the following mortgage programs:
- Conventional mortgages
What property usage types does Quicken Loans allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Quicken Loans allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
Other Services by Quicken Loans
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia