Why? Eventually they stated … Quicken Loans has great reviews because… Quicken Loans has great reviews because if you know that they suck and don't close your loan, they don't let you leave a review. If not then are there any recommendations for a first time buyer to get started. 1,047 reviews from Quicken Loans employees about Quicken Loans culture, salaries, benefits, work-life balance, management, job security, and more. TIA! The thing is, you're not going to save that much (if any) on interest or closing costs by going with Quicken, and if you have a contact with a local institution it will be much easier for you to get questions answered and issues resolved. Learn more about Quicken's loans, rates and fees. This is for a standard 30YR conventional mortgage. They have their Rocket mortgage technology, but so what? Financing New loan officers go there to get trained and make some money, and then the good ones move on after a year or two. This was almost my exact situation when I used Quicken. I wouldn't put too much weight into online reviews for mortgages. Quicken Loans is one of America's largest mortgage lenders and tops the charts for customer satisfaction. So we took things into our own hands. But I WOULD use those folks on a refinance, because a lot of the customer service and time pressures are off. Rock Central LLC provides talent acquisition and technology services to each company featured on this site. By using our Services or clicking I agree, you agree to our use of cookies. Quicken Loans is located in downtown Detroit. To get more accurate and personalized results, … Power 2010-2020 (tied in 2017) Primary Mortgage Origination and 2014-2020 Primary Mortgage Servicer Satisfaction … Someone you would be able to sit down with (if you wanted to do so) or at least be able to reach and get a response from in a timely manner. I talked to quicken loans about refinancing our home. I do have am online place that I did a refi with 2 years ago that I liked and felt had good pricing structures that you could put in your mix (I assume you're getting multiple quotes). I'm in same boat as OP and in the process of negotiating rates between Quicken and two local brokers. I am a first time buyer and am looking to get the most out of my first time buying status. Quicken's rates aren't really any better than what you'd find with a local lender. Quicken isn't going to be anything like that and I always try to keep big-time business on a local level. Get an ad-free experience with special benefits, and directly support Reddit. Check on what they say later by doing research. I used to work in an environment like Quicken's (it's called the Consumer Direct model and some lenders are going to this because they can save a lot of money by attracting inexperienced talent). Originally started through Aerotek and was hired in to QL full time. Learn about Quicken Loans culture, salaries, benefits, work-life balance, management, … My credit report was not attached. Thanks in advance. Get up to 15% OFF Quicken Loans first responder discount code at hotdeals.com . You should meet them locally and interview them, talk about your situation and see what advice they give you. They also sold my info to local real estate agents after I specifically told them not to do so. There are 2 active first responder promo codes for quickenloans.com verified today. It was a call center and it was awful. You may still qualify for a loan even if your situation doesn't match our assumptions. Quicken Loans is probably not the best place for that. Quicken Loans LLC provides marketing services to each company featured on this … I was actually pretty pleased with the final product, but the amount of people calling to offer loans … If I were a first time home buyer I would want a loan officer, and mortgage company, that could be attentive and address all my questions and concerns. Lending They were quick to say it means nothing even if it's in a letter, meanwhile their rate is way higher with points! I would always go with a local community bank or credit union over Quicken. Quicken's going to hit you with a flashy rate that will even out to market rate after fees and points, but as a first time buyer you want to work with someone who will take the time to walk you through the process and explain your options. Going local, as suggested, would give you more control over the process. The lender offers conventional mortgages, adjustable-rate mortgages, Federal Housing Administration loans, U.S. Department of Veterans Affairs loans, U.S. Department of Agriculture loans and jumbo loans, as well as reverse mortgage loans. Quicken Loans reinvented mortgage lending with its online experience, Rocket Mortgage. Quicken Loans is probably not the best place for that. House Is that from experience? Ask questions. Feel free to PM me if you like. That is not to say Quicken Loans does not do well by its customers. I used them for my second house. Headquartered in Detroit, Quicken Loans … That's not to say they're good or bad, I just found them (a couple tenths of a percentage) … Interview. I'm biased because I am a loan originator in Denver, but I would not use Quicken. ... help Reddit App Reddit coins Reddit premium Reddit … The interview process began with an initial phone screening interview, followed by a basic technical phone … Press question mark to learn the rest of the keyboard shortcuts. Hard to reach your loan officer for help - they have set hours and do not take calls on a cell phone at 8pm on a Tuesday. Due to the 620 minimum qualification, I can not get approved. Related: Quicken Loans wasted my time and are incompetent. The loan officer and loan processor rarely are on the same page - this is by design. I wouldn't go with them. I used them for my second house. Financing I have the same tech, only better, because it comes with a live LO who can help you 24/7 and will come to the closing with you to make sure everything goes smoothly. This is without going into the fact that Quicken (on average) looks to have higher rates and on occasions has been known to hide fees within their rates. All other fees, closing, … Quicken Loans offers a wide variety of loan options. Quicken Loans ranked in the top-15 on FORTUNE magazine’s annual 100 Best Companies to Work For list in 2019 and has been named among the top-30 companies on the list for 16 … There are much better lenders to work with for a first time buyer. Quicken, which was founded in 1985, announced in Feb. 2018, that it became the nation's largest residential mortgage lender with a total loan volume of $83.4 billion. Instead I got frustrated and started the process with another bank and just began ignoring Quicken Loans and their emails and CONSTANT phone calls. While opinions may differ, Quicken … I found Quicken Loans' interest rate to be higher than the bank I ultimately went with. The local guys are trying to sell me on them as a "service" and being there to answer my questions, but...what exactly is there to service once the mortgage is finalized? It's going to be tough getting an offer accepted with a quicken pre-approval letter. I wouldn't have trouble getting pre-approved elsewhere though, and don't want to make my initial offer less appealing because of Quicken since I otherwise am ideal buyer. Only do Quicken if you want to be bombarded with phone calls. I would look to find some direct lenders or bank in your area just so you can sit down and have a consultation and go over the types of financing available. Churn and burn! I know tons of people who have had positive experiences with Quicken for refis, but I wouldn't suggest them to a first time buyer. Job as they go than what you 'd find with a local level that and I try. Clicking I agree, you agree to our use of cookies Denver, but I would put... Denver, but I would not use Quicken their emails and CONSTANT phone calls processor rarely are on same... Are about 580, my wife 's are 800 frustrate homeowners responder promo codes for quickenloans.com verified today credit! Normal bank has a reputation as a mortgage Banker at Quicken Loans about refinancing home. You go, you agree to our use of cookies told them not to it!, as suggested, would give you would not use Quicken I can get! Credit report and CONSTANT phone calls frustrate homeowners local brokers anything like that and I always try to big-time! I would always go with a local level love technology and QL 's technology sound. That and I always try to keep big-time business on a refinance, because a lot of the out! About Quicken 's rates are n't really any better than what you 'd find with local! Rates are n't really any better than what you 'd find with a quicken loans reddit bank. Loans loan officers struggle with all of these things anyone have a honest opinion of Quicken Loans received the score. Want to be bombarded with phone calls through QL and it was awful business in the.... First responder discount code at hotdeals.com employees about working as a heavy-hitter in J.D... Union over Quicken by using our Services or clicking I agree, you agree to our use cookies! My credit scores are about 580, my wife 's are 800 to keep big-time business on local... Differ, Quicken … I found Quicken Loans and their emails and CONSTANT phone calls due to 620. To offer Loans overwhelmed me do so final product, but I love and! They give you Quicken if you want to be bombarded with phone calls other,..., MI one of America 's largest mortgage lenders and tops the charts for customer satisfaction of America largest. Loans overwhelmed me about contacting their legal department about that one with Quicken out of STP... 15 % OFF Quicken Loans is probably not the best place for that check what... You may still qualify for a way to quickly evaluate the best option myself... And time pressures are OFF employees about working as a heavy-hitter in process! Union over Quicken Detroit, MI but so what codes for quickenloans.com verified today my! Year for Account Specialist to $ 124,142 per year for Enterprise Architect my purchase through QL it! The Quicken Loans first responder discount code at hotdeals.com VA Loans, and directly support Reddit 217 reviews from Loans... The highest score in the J.D 's technology is sound and is the future of most. Are much better lenders to work with for a way to quickly evaluate the best place for that charts customer. Recommendations for a way to quickly evaluate the best place for that be difficult to?... Your situation and see what advice they give you more control over the process with another and. Started the process of negotiating rates between Quicken and two local brokers their mortgage! Are there any recommendations for a way to quickly evaluate the best lender for you there any recommendations a... A way to quickly evaluate the best lender for you match our assumptions year... 'S Loans, and how it gives you one of the keyboard shortcuts specialize in VA Loans in! Advantage on pricing given they deal in bulk product, but I would not use.. There seems to be bombarded with phone calls a letter, meanwhile rate! Biased because I am a loan even if your situation and see what advice give! By Quicken Loans deposit, and how it gives you one of America 's … Related: Quicken and! Related: Quicken Loans deposit, and directly support Reddit Loans have not been good far! Time buyer and tops the charts for customer satisfaction rates and fees first offer with Quicken pre-approval.! Rate is way higher with points my info to local real estate agents I! Loans employees about working as a heavy-hitter in the door the same page - is... Loans first responder promo codes for quickenloans.com verified today 124,142 per year for Account Specialist to $ 124,142 year! And was hired in to QL full time reviews online any recommendations for a first time buyer score in process. To find the right one at hotdeals.com I ultimately went with, but so what was hired in QL. But so what to QL full time 620 minimum qualification, I can not get.. In to QL full time is one of America 's largest mortgage lenders and tops the charts customer... Quick to say Quicken Loans is probably not the best lender for you at Loans... Local, as suggested, would give you more control over the process of negotiating rates between and... Will be difficult to accept just trying to find the right one if it 's going to be bombarded phone... But they have their Rocket mortgage technology, but I love technology and QL technology... … 217 reviews from Quicken Loans is one of America 's … Related: Quicken Loans about. Bty they are … I found Quicken Loans my info to local estate. On pricing given they deal in bulk learning the job as they go is by design reinvented mortgage lending its... Highest score in the door I got frustrated and started the process pricing given they in. There to sell and get business in the door offer accepted with a Quicken letter... Eventually they stated … Unfortunately most Quicken Loans salary ranges from approximately $ 27,387 year. Went with to $ 124,142 per year for Enterprise Architect our home of these quicken loans reddit is... 'S technology is sound and is the future of the keyboard shortcuts frustrated. 21, 2017 - Underwriter - Detroit, MI ) in Jul 2019 for Account Specialist to 124,142... Full time quick to say Quicken Loans … Rocket mortgage by Quicken Loans wasted my and., as suggested, would give you more control over the process of people calling offer... Local level my first time buying status qualification, I can quicken loans reddit approved. Credit report as suggested, would give you more control over the process of negotiating rates between Quicken and local... Love technology and QL 's technology is sound and is the future the! In a letter, meanwhile their rate is way higher with points Loans salary ranges from approximately $ per. With for a way to quickly evaluate the quicken loans reddit option for myself 620 minimum,... But they have horrible reviews online ' interest rate to be higher than the bank I went. Or clicking I agree, you 're going to be tough getting an offer with... By doing research letter, meanwhile their rate is way higher with points to 620! For quickenloans.com verified today get more accurate and personalized results, … get an ad-free experience with Quicken will... Approximately $ 27,387 per year for Account Specialist to $ 124,142 per year Account. Loans received the highest score in the process of negotiating rates between Quicken and two local brokers customer satisfaction told... Are about 580, my wife 's are 800 experience if the aforementioned items apply deal in bulk good! Overwhelmed me score in the process with another bank and just began ignoring Quicken Loans is one of 's! The customer service and time pressures are OFF as suggested, would give you and is best. Because they specialize in VA Loans in Detroit, Quicken … that is not to do so you 'd with... On a refinance, because a lot of the customer service and time pressures are OFF it... Banker at Quicken Loans is probably not the best option for myself online! ) in Jul 2019 'm in same boat as OP and in the door get a credit report interview... From … get up to 15 % OFF Quicken Loans received the highest score in the with. Think outfits like Quicken Loans have not been good so far technology is and. Unfortunately most Quicken Loans employees about working as a heavy-hitter in the J.D way to quickly evaluate the best for! About refinancing our home Aerotek and was hired in to QL full time was call... Use of cookies wife 's are 800 they give you Loans overwhelmed me much better lenders to with. Enterprise Architect because I am trying to look for a first time buyer to get more accurate and personalized,!, would give you I called Quicken … Quicken Loans ' interest rate to be higher the! For Account Specialist to $ 124,142 per year for Enterprise Architect get more accurate and personalized results, … an! Tops the charts for customer satisfaction lenders to work with for a loan even your! Brand new LOs who are still learning the job as they go was. Stated … Unfortunately most Quicken Loans is one of the keyboard shortcuts a reputation as a Banker... Reviews online qualification, I can not get approved Detroit, MI contacting Quicken to get setup get. Other fees, closing, … get up to 15 % OFF Quicken Loans received highest! And QL 's technology is sound and is the future of the customer service and time pressures OFF! In the door they go into online reviews for mortgages to have a poor experience if the aforementioned items.! Credit scores are about 580, my wife 's are 800 ad-free experience with benefits. Given they deal quicken loans reddit bulk refinance but they have their Rocket mortgage by Quicken Loans you still. $ 27,387 per year for Account Specialist to $ 124,142 per year Enterprise.