Saturday, October 31, 2009

Anyone ever use Quicken Loans for a Mortgage?

Anything I should know or anything I should question?



Anyone ever use Quicken Loans for a Mortgage?

Hi there! Thanks for considering Quicken Loans. There's a number of things you should know about us, here's a couple to start:



- We're a direct lender for all 50 states and America's #1 Online Lender.



- 9 out of 10 our clients refer their family %26amp; friends to us.



- We have a 94% client satisfaction rate.



- We're the chosen mortgage provider to companies like AT%26amp;T, Compuware, Moen, Boeing, Comcast, UPS and many others.



Your mortgage banker will guide you through every step of the mortgage process. You can sign your application documents online, have 24/7 access to the status of your loan and we'll come wherever you'd like to close your loan with the help of a local notary.



I'm going to include a link to our un-edited client reviews page so you can read what our clients say about us. In a volatile mortgage market like this, it's imperative you work with a trustworthy lender.



If you've got any specific questions, feel free to ask me as I am a Quicken Loans team member and would be happy to help!



Anyone ever use Quicken Loans for a Mortgage?

I almost did, but believe it or not, I got better terms going through a mortgage broker.



Anyone ever use Quicken Loans for a Mortgage?

A client of mine got a quote from them and it was quite a bit higher than I was able to provide both in rate and fees.



Anyone ever use Quicken Loans for a Mortgage?

Quite a queer question, on quickens. If i could help i would, but i am chicken!



Anyone ever use Quicken Loans for a Mortgage?

Had a client use Quicken. During the process up to closing day, they were great. Always called me with updates.



The day of settlement was a disaster.



Client's buyer of old house used a quicken settlement company that came to their houses (vs in a settlement company office). The proceeds (profit) were to be wired to the other settlement company on the new sale.



We had a 11:00 settlement and it wasn't there.



The quicken loan also didn't wire the new loan to the settlement company. But the loan docs did come.



Since we were in MD and quicken was in the midwest, we had to wait for them to open and then %26quot;find out%26quot; what happen. Plus it was hard to reach the lender at this point.



Buttom line was that it didn't fund until 4:30 that afternoon.



If may not sound like a major problem, but it created a lot of problems, etc.



I highly recommend using a good, LOCAL lender.



The problem with internet lenders is that if they are on one coast and you are on the other coast, the time delay can screw you up with the loan.

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