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Archive for quicken loans

Quicken Loans: Mortgage Rates and Customer Satisfaction

Friday, October 5th, 2012

Mortgage rates are of primary importance when deciding to purchase a new property. This determines your monthly payments several years down the road. For those who use mortgages on a commercial scale, mortgage rates also determine the length of your ROI or basically your net income every month. For those who need to get the most affordable rates, then Quicken Loans may be the institution to give you that. With the right mortgage rates, your housing and commercial needs will be made more affordable.

About Quicken Loans

Quicken Loans is one of America’s biggest online lenders according to the National Mortgage News. They have helped and assisted a lot of American families from all over the nation. They have been in business for the past 27 years and they continue to stand strong today. In 2011, they funded around 30 billion dollars in loans which is a record in their company. And lastly, they ranked top in highest customer satisfaction for loans and mortgages. Indeed, they do not just offer the best rates but the best mortgage services people can find in this nation.

Mortgage Rates

As of today, the rate for their 30 year fixed mortgage is 3.50% with an annual percentage rate or APR of 3.723%. Those who want the shorter term which is the 15 year fixed, the APR is 3.239% and an interest rate of 2.75%. And the 7 Year ARM with a rate of 2.625% and an annual percentage rate of 3.219%.

These rates are surely competitive and with the kind of service that they give, consumers can expect the most out of their mortgage.

Getting Hold of Quicken Loans Current Mortgage Rates

Friday, August 10th, 2012

Getting a good mortgage rate is essential for buyers simply because your mortgage rate will determine how much you will have to pay for the rest of your loan term. The diffence may not seem like much if rates are compared monthly, but the the gap can be huge over the long run. Families who are ready to take the big step of living on their own should be updated on the current mortgage rates in order for them to lock in on a good one, some people have problems with paying and buying houses since it is very expensive nowadays but with the right mortgage like what Quicken Loans offer, they will have the safest way of achieving the dream house they want.

Quicken Loans is known all over the United States as the 4th biggest retail mortgage company. They are also the largest lending company online which is an advantage because people all over the nation can instantly access their services especially in terms of mortgages. What is good about Quicken Loans is that they offer different mortgage and loan services that can facilitate people’s wants and needs. They have friendly loan terms that fits just about any client, Especially those who are tight on budget.

One of the loans they have is the 30 year fixed mortgage which is preferred by most. Many families would choose this because of the payment security as well as the affordability. They will not have problems with the payment since it will be the same all throughout the term. The latest rate they have with this loan type is 3.75% with an annual percentage rate or APR of 4.019%. Next is the 15 year fixed mortgage that offers less interest and a secured low rate loan. Those people who have enough money would definitely opt to pick this kind of loan because it is simpler to get and shorter to pay for. The rate for this is 2.99% with an APR of 3.426%. And the last is the 7 year adjustable rate mortgage with the rate of 2.625% and annual percentage rate of 3.219%. There are still other kinds of mortgages that people can check upon, it will be up to them to what their preferences are and thus it only mean that they would have to inquire further for it.

The 30 Year Fixed Mortgage Rate at Quicken Loans

Monday, May 28th, 2012

Mortgage rates and loans are very important for those people and families who want to have their own houses to make into their home. We all know that the real estate business as of today has reached an all-time low because of the recession. With all of these, there have been many families that lost their houses due to foreclosure. However, the advantage of this is that new buyers can get houses at low prices, and better yet, at affordable mortgage rates. There are a lot of financial companies that these families can go to and one of these is Quicken Loans.

About Quicken Loans

Quicken Loans is a very reliable and stable company that is helping a lot of people through their affordable mortgage rates. It is also recognized as one of the largest lenders online. The same company was also recognized to have funded an amount of over $30 billion in mortgage loans. Right now, their 30 year fixed loans are appealing to many borrowers.

Their Rates

Fixed loans are structured in such a way that the rates will remain the same upon lock in and until the maturity of the loan. This means no fluctuation in interest rates as compared to adjustable rate mortgages. 30-year fixed loans are most popular because the length of time helps keep the monthly payments low. This will also help in refinancing specific percentages of up to 95% in the owner’s primary home value. You can get loans from $25,000 to $ 2,000,000. The 30 year fixed mortgage rate is 3.875% with an APR of only 4.05 %.

The lower the mortgage rate, the lesser you’ll pay in terms of interest. What’s more, borrowers will not be charged any pre-payment penalties. For those who are still looking for the perfect mortgage, Quicken Loans might just offer the right mortgage for you.