Quicken Loans . . . Anyone Use Them? (1 Viewer)

[Anarchy99]

Spoke with them about doing a FHA streamlined refi that would save a ton of money. Others members of the household insist Quicken Loans is a predatory lender that has a ton of negative reviews and automatically is not an option. I looked into it, and a decent amount of people have posted about bad experiences, but Quicken has issued millions of loans (meaning on a percentage basis there customer satisfaction rate is still very high). They have a 4.5/5 rating with thousands of reviews on several review sites and have an A+ BBB rating. Anyone have any experience or stories from others dealing with them?

 

[Dan Lambskin]

Our initial loan was through them and immediately sold

 

[bicycle_seat_sniffer]

The owner of quicken pretty much owns a third of downtown Detroit and the Cleveland cavaliers.

Not sure what predatory lender means, but as a fbg I'm sure u won't get scammed

 

[fruity pebbles]

I have them and refinanced through them twice now. Imo the easiest fastest refis i have ever done. Latest one will close 3 weeks after initiating it. I can give you the guy i worked with if you want. Funny cause my fha loan was actually a slightly better rate but my new mortgage is 10 years shorter and only 50 bucks a month more due to me now having enough equity to go to a conventional and drop the pmi. They paid for the appraisal, even if it came back low, and they didn't charge me any closing costs. That said you probably can get a slightly better rate if you look around.

 

[SofaKings]

A friend of mine runs one of their appraisal teams. He really likes it there.

 

[DiStefano]

I'm in the process of a refi right now. Quick service, good and knowledgeable rep, and everything going great so far. And I just started it today.