QUICKEN LOANS

Certainly, Quicken Loans offers a range of options to accommodate first-time homebuyers. They understand that purchasing a new home is a significant milestone, and thus provide special programs designed to help ease the financial burden for those ent...

Quicken Loans, known for its online mortgage lending services, does provide United States Department of Agriculture (USDA) loans. These loans are designed to assist low-to-moderate income buyers in purchasing homes in eligible rural areas. The USDA l...

Quicken Loans, known for its online mortgage lending service, doesn't typically cover closing costs for borrowers outright. Instead, they provide options to structure deals differently. For example, they might offer lender credits, where the borrower...

Quicken Loans typically requires private mortgage insurance (PMI) for conventional loans when a borrower makes a down payment of less than 20% of the home’s value. PMI is a type of insurance that protects the lender if the borrower stops making payme...

Yes, Quicken Loans, like many mortgage lenders, often sells its mortgages to other companies after closing. This practice is common in the industry and allows lenders to free up capital to make loans to other borrowers. When Quicken Loans sells a mor...