Check out our latest communities fighting
AI scams on Reddit and Facebook
On SmartCustomer, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.
Quicken Loans is a mortgage lender that helps customers buy, refinance, or access cash from their home equity. They offer personalized solutions and have a network of trusted lenders.
This summary is generated by AI, based on text from customer reviews
We monitor reviews for authenticity
Got a loan a year ago and it has been the worst experience of my life! They screw up and you end up paying for it. Then when you ask about it they answer with condescending scripted reply's! They do not want to help they do not care and will rip you off!
I called this company to inquire about the HARP & refinance. I chose to call them 1st because of the 4-5 rating. I am extremely disappointed. So far I have talked to 5 reps (in the hope of finally getting to somebody with sense) but all of them suck! One, they have a vague idea of what this HARP is all about. 2nd, I was asking for figures for closing cost, 15 yr. & 30 yr. Term & all they give me are ballpark figures (what the hell does "somewhere from $6 or $8000 maybe" means?!) Am I calling a flea market or something?! You can tell from their voice the lack of enthusiasm; 2 of them had sarcastic tones because I wouldn't close right there & then! Then they pull out my credit score, checks it without even asking my permission first! Now my score dipped by a considerable number of points! What the f__k is that kind of customer service?! I asked if they had an office where I could go, sit down & study offers, all of them said none! Seriously how did this company have high ratings with this kind of people & service?
If you inquire with them, get the name of the representative. The company should know who this imbecile employees are cause people like them will tarnish the reputation of this company. I'm inquiring somewhere else. I'm done with Quicken Loans!
I called Quicken in November to refinance my home. I was very excited that they assured me that despite the income for my home being foreign (my husband works in Saudi Arabia) they would be able to close it. After paying hundreds of dollars in fees and for an appraisal, sending every piece of paper they asked for including tax returns and letters from his employer, they decided in March that they couldn't close it and refused to refund my money despite regulation Z which states, " a consumer cannot be charged fees associated the refinance of a primary resdence if the loan does not close". Do NOT send them a dime. This is a scam.
We talked online with a rep, who answered our questions. She was then able to take our information and get us a pre-approval for a mortgage pretty much right then. She had to get some more detailed info to finalize the approval, but it was nice being able to start looking for a house with an Idea of what we would be able to actually get a loan for.
People, a company doesn't get any better than this. Once I'd asked for help with my home loan, they COMPLETELY took the initiative, and got 'er done. I had put off my re-fi because I'd remembered having to shlep all over town for this or that document... Quicken friggin did it all, and for me and cheerfully, seeming to grasp (in a way other mortgage brokers did not) that I was doing THEM a favor, by selling them my loan. Very, very cool company. I cannot recommend them enough.
I was really happy I discovered Quicken loans after getting a quote from another heavy advertiser in my area (Paramount Equity). They came back with an interest rate that was a full point and a half lower on our $300k home!
There online access to the mortgage process is excellent in fact it made things pretty darn easy to go from steps A to Z.
In the end you are going to pay a little more in closing costs with them however you will most likely save that in interest over the life of your loan and as an added bonus if you ever refinance with them the cost is free the second time!
Answer: The negative reviews make no sense. The guy says they pulled his credit without asking is lying that is not permited and calls are recorded an unathorized credit pull would end the employees career im sure pulling the credit of the rate guy who wants a rate and costs of a loan with no info for the lo to work with was a top priority and worth giving up a 100k plus job. How did this employee get the mans ss and dob? He talked to 6 reps asking for closing costs without a credit report of course they cant quote him costs they dont bait switch like all the other junk lenders out there. The woman who had enough money to payoff the amount of mortgage she was requesting can thank the govt quicken cant qualify you for a federallly backed loan based on equity or assets the ability to repay rule (google it). You dont think ql wants to close your loan? Appraisal and third party fees can be paid with a deposit or apllication fee if a loan does not close the company did not profit off this. Appraisers are independent third parties. Ql sold my mortgage to fannie mae they are still servicing my loan but told me it wouldnt be sold which was a lie? Fannie mae securtized the mortgage they dont service loans your loan is serviced by ql they did not sell your servcing. Qls produces conventional loans they dont hold billions of dollars in mortgages. When a mortgage is produced its bundled with other mortgages and sold as mbs to keep capital available to lend. Please educate yourselves a bit this company is ranked highest in client satisfaction for a reason by jd power. They are the largest lender because people who know what they are doing understand the ease of process the people who dont know much about mortgages know these are the best of the best and ask to be educated, and then 2% of the rest that are too ignorant to ask questions complain about things that make no sense at all. Educate yourself before taking to the internet to bash a company that stands up to the fed govt see fha lawsuit and does more for the communtiy than almost any other company in the entire country. People refi- purchase 3-4 times in their life and think they are experts. These people see millions of dollars in transactions a month instead of bargaining like your buying a used car let them explain the process to you. LOs are not paid on your rate ysps are illegal, so instead of viewing them as the bad guys let them help you and humble yourself a bit and maybe ask why your being denied
Quicken Loans has helped over 2 million families finance their homes. Compare home loan options and apply online with Rocket Mortgage.

