QUESTION
Does Quicken Loans offer construction loans?
ANSWER
20
Quicken Loans, which is a part of Rocket Mortgage by Quicken Loans since 2018, primarily focuses on mortgage lending for home purchases and refinancing. They do not, however, offer construction loans as part of their standard line-up of loan products. Individuals looking for construction loans—which are used to finance the building of a new home or a significant renovation—would typically need to seek these from financial institutions that offer construction-to-permanent financing or standalone construction loans. It's always recommended to check with a few lenders to compare options, as each financial institution will have its own set of products, terms, and rates.
EXCLUSIVE OFFER
04.21.2024
DOES QUICKEN LOANS DO CONSTRUCTION LOANS