Quicken Loans Reviews

Based on 1 Reviews

Category: Finance

Quicken Loans is a home loan company that has been around for many years. They provide home loans for many people all over the united states. This company also refinance many homes with lower interest rates. Additionally, they deal in first time home buyers, refinancing, fha loans and other options.


  • Fha Certified
  • They offer fha loans for people with low credit scores that are looking to purchase their first home. The score can be as low as 640 and only requires 3.5% down on the mortgage.

  • 30-year Fixed Rate Loan
  • They offer a 30-year fixed rate loan that guarantees your interest rate will never change and your home loan payment will stay the same for 30 years. This is one of the most popular loan options on the market.


  • Fha Credit Score Rating
  • The fha credit score rating through the federal fha loan company only requires a 620, while Quicken Loans only works with a 640 and above.

  • A Rush To Close
  • Sometimes the urgency they convey over the phone feels like they are trying to rush you into the loan so they can make their commission. This makes customers feel like they are not being individually heard properly.


  • Easy Application Process
  • You can easily apply online by simply filling out a few short forms. They will contact you will available options and help you get prequalified.

  • Close In 30 Days Or Less
  • Quicken Loans will close the majority of their loans in 30 days or less, making them one of the fastest loan closers.


In their infomercial, abraham lincoln is being chased by a car through a town, with a Quicken Loans van picking him up. The closing states you should let Quicken Loans save you money with a loan that is built to amaze.

How It Works

Fill out the questionnaire on the site to get more information about available loan types. A consultant for Quicken Loans will call you and go over the information. Then, you will be set up with the right pre approval for your needs. Once you find the home of your choice, they will start the bidding and loan process.

How it's Different from Competitors

Many companies offer quick loan processing online, but can’t back it up. With Quicken Loans, they work hard to close your loan in 30 days or less so you have more time to move into your new home.


  • Lending Tree
  • Lending tree will help you find your options without getting in-depth personal information. They can provide you with the best options for home loans, personal loans and credit card offers.

  • Greenlight Loans
  • They offer you a free rate quote without providing your ssn. Additionally, they give you the best rate they can offer and have a program that is fixed for five years. Then, the rate flexible every year after that.

Tips & Tricks

  1. Give Accurate Information
  2. First, fill out the questionnaire so that the quicken loan team can better assess your needs. This helps them to know what you’re looking for and how much you can afford.

  3. Speak With The Consultant
  4. Speaking with the consultant will also help you better understand your options. It gives you insight into the process and can provide you with necessary information.

Frequently Asked Questions

  • Can You Get A Va Loan?
  • Yes, this company also offers va loans to veterans of military service.

  • Are Rates Really Low?
  • Yes, the rates are very low - but it helps to check back to make sure they haven’t changed since you last applied.

  • Is Fha Available To Everyone?
  • Fha is available to first time home buyers with an acceptable credit score and income ratio.

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