Is Quicken good to refi with?

Quicken Loans refinance rates are on par with its home purchase rates. So you can use the comparison table above as a guide if you’re looking to refinance into a lower rate with Quicken. Note that Quicken is also a top-rated company for customer satisfaction and many love its digital Rocket Mortgage platform.

Is Quicken Loans a ripoff?

“TOTAL SCAM, UNLICENSED, FALSE ADVERTISING, STEALS… Quicken Loans violates federal and state laws everywhere. They don’t bother to get licensing in the states where they advertise. The location of their offices are a secret.

What credit score do you need to refinance with Quicken?

620
Most lenders require a minimum credit score of 620 for loan approval. If you have a median FICO® Score of 580 or better, you may be able to qualify for an FHA or VA loan with sufficiently low debt. In addition to an adequate credit score, you must have built up enough equity in your home to qualify for a refinance.

Is Quicken Loans a reputable company?

Quicken Loans has consistently been awarded the highest customer satisfaction rating among primary mortgage originators the U.S. for 10 straight years, as well as being one of top 20 companies to work for and a top pick for overall best mortgage lenders, according to Consumers Advocate.

How reputable is Quicken Loans?

– Getting a personalized rate requires a hard credit inquiry. – Doesn’t offer home equity loans or HELOCs. – Lender fees can be stout, and the fees aren’t offset by particularly low mortgage rates, according to the latest data.

What are the ratings for Quicken Loans?

Rating Action: Moody’s affirms Quicken Loans’ Ba1 ratings and revises outlook to positive from stableGlobal Credit Research – 04 Mar 2021New York, March 04, 2021 — Moody’s Investors Service, (“Moody’s”) has affirmed Quicken Loans, LLC’s corporate family rating at Ba1, its long-term senior unsecured rating at Ba1, and has revised the outlook to positive from stable.While the

What types of loans are available from Quicken?

Quicken Loans lets you lock in your rates with term loans ranging from 8 to 30 years. You can get government-backed loans like FHA, VA, and USDA, as well as adjustable and fixed-rate purchasing loans. Quicken Loans also gives back, donating more than $150 million and 500,000 volunteer hours to various organizations in its community.