Quicken Loans Overview

Lender Summary

Quicken Loans is a national lender serving consumers in 50 states and provinces. Quicken Loans offers a broad range of product offerings including conventional fixed mortgages in 15, and 30 year terms. Quicken Loans also offers FHA mortgages to accomodate borrowers with lower credit scores as well as low down payments (to find out more about the low down on FHA Mortgages click HERE). For former or active members of the military, Quicken Loans offers VA loans which can offer low down payments and zero primary mortgage insurance (PMI).

States Served

Quicken Loans is a national lender serving customers in all 50 states and the District of Columbia.

Lender Fees

Lender fees include processing, underwriting, application, and origination charges. Unlike processing, underwriting, and application fees, an origination fee is based off a percentage of the loan amount similar to a discount point. Quicken Loans has the following FIXED charges for each loan originated: processing - $900, underwriting - $350, application - $0. Quicken Loans does not charge an origination fee.