![quicken loans refinance quicken loans refinance](https://i.pinimg.com/originals/03/68/04/0368045e03e2d53e0b10a136e61f7cdf.png)
FHA Streamline: If you already have an FHA loan and want to refinance, Quicken Loans makes the process easy to lock-in a better rate.The minimum FICO score to qualify is 620 and a debt-to-income level lower than 60%. VA Loans: This is a no-down-payment loan for qualified veterans, service members and their spouses.To qualify, borrowers must put at least 20% down. Jumbo Loan: For home loans from $548,250 to $2,000,000, borrowers can opt for a jumbo loan.This customized loan requires a minimum 620 credit score, 3% down payment, a debt-to-income level lower than 50% and 2-6% for closing costs. YOURgage: YOURgage is available for any buyer who meets the financial requirements.15-or 30-Year Fixed Loan: Both loans require a minimum 620 credit score, 3% down payment, a debt-to-income level lower than 50% and 2-6% for closing costs.To qualify, individuals must also have funds to cover the upfront mortgage insurance premium and a debt-to-income level lower than 50% and 2-6% for closing costs. FHA Loan: Borrowers can secure a 15-,25-, or 30-year FHA loan with as little as 3.5% and a 580 FICO score.Adjustable-Rate Mortgage (ARM): Choose a conforming rate with as little as 5% down.Whether you are purchasing a home or refinancing your dream home, Quicken Loans has several loan options available. Along with traditional loans, Quicken Loans also has a mortgage program called YOURgage which offers borrowers fixed rates between 8 and 29 years.
![quicken loans refinance quicken loans refinance](https://www.investopedia.com/thmb/bKyf2mWHIunPX6tTUleRV_iUNUA=/2988x371/filters:no_upscale():max_bytes(150000):strip_icc()/quicken-loans-e0cb5731ecec4388b1695ef2de1d64da.png)
Quicken Loans is a good choice for many borrowers, including those securing a conventional home loan and those using VA or FHA loans to fund their purchase. Quicken has loans to suit all kinds of specific situations, such as low credit, low-equity refinancing, and very large loan amounts.īorrowers can quickly see how much of a home loan they qualify for before they start the search, or if they feel uncomfortable online, they can also connect with a Home Loan expert on the phone.įor 11 years in a row, Quicken Loans has been ranked #1 in customer satisfaction by J.D Power. These include conventional, FHA and VA loans, as well as its unique YOURgage flexible loan option (more on that below).įor those anxious about buying or refinancing a home, Quicken Loans makes the experience easier and customized to your needs. Quicken offers a wide selection of loans for purchase or refinance. Quicken Loans Visit Quicken Loans Overview