Since 1985, Quicken Loans has closed more than 1.4 million home loans throughout the U.S.. Quicken Loans, a subsidiary of Rock Holdings, Inc., is a direct lender that works with consumers online for purchase loans, mortgage refinancing and reverse mortgages.
According to National Mortgage News, Quicken Loans is the largest online lender and the fifth-largest retail home lender.
Quicken Loans provides loan processing and customer service from its headquarters in Detroit as well as five web centers in Detroit, Ohio and Arizona. The company originated more than $30 billion of mortgages in 2011 and has an A+ rating from the Better Business Bureau.
The company says that the majority of their loans close within 30 days (based on closings between May 1, 2012 and August 31, 2012).
3.950% APR $1,400 /month (est)
30 Yr. Fixed