You can lock your interest rate for 90 days while you shop for a new home. Home affordability calculator – allows you to calculate the maximum home price you can afford to buy.Amortization calculator – not only shows you the split between principal and interest on your monthly payments but also shows you how you can save money by making extra payments.Purchase mortgage calculator – letting you know how much your mortgage payments will be.Refinance mortgage calculator – calculate your new monthly payment based on different loan amounts and programs.Quicken Loans offers a variety of mortgage calculators to help you determine the mortgage you can qualify for. Loan are available in fixed-rate mortgages, adjustable-rate mortgages (ARMs), purchases, streamline refinances, and reverse mortgages.

Conventional, Jumbo, USDA loans, FHA, and VA mortgages. They provide educational information, as well as calculators and other tools to help you work through the mortgage process. In addition to providing mortgage loans, Quicken Loans is also a full-service mortgage resource. When you apply for a mortgage through Quicken Loans, you’ll be completing the process through Rocket Mortgage. The company launched Rocket Mortgage in 2016, as one of the first all-online mortgage lenders in the country. They offer mortgage loans in all 50 states. The company closed more than $400 billion in mortgage loans between 20. Headquartered in Detroit, Michigan, Quicken Loans began as Rock Financial in 1985 and remains a subsidiary of Rock Holdings, Inc.īut it has since grown to become the largest mortgage lender in America (as of January 2018). If you need mortgage financing – particularly a VA loan – Quicken Loans is an excellent place to start. In doing so, they have streamlined the mortgage process, reduced the time needed to process loans, lowered the paperwork requirements, and made the entire process easier for borrowers. Mortgage personnel are often difficult to get a hold of.īut Quicken Loans has moved the entire process online. The industry has a long history of being slow and paperwork intensive. Quicken Loans is disrupting the mortgage industry.

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