Escrow is money your mortgage lender puts into a separate account to pay your future property taxes and insurance costs. It’s common to have an escrow account with your mortgage, but it’s not always required. Check out some of the common questions (and answers!) our escrow team receives about escrow.
There are a variety of ways your mortgage payment can be misapplied. Our team members who handle payments put together a list of some common mistakes and how to avoid them. They generally come down to making sure you clearly communicate what you’re intending to do with the money you’re sending in.
It’s no secret that home values have risen considerably from where they were just a couple years ago. But what does this mean for you as a homeowner? Depending on your specific situation, there are many different ways this could impact you and your finances. For your benefit, we’ve listed three major ways that rising home values could impact you as a homeowner.
You may have noticed some recent changes when you log in to MyQL. We’ve been hard at work making improvements to make it easier for you to manage your mortgage online. Here are a few new features sure to make your life easier!
When you’re on the go, paying bills should be easy. That’s why we made sure MyQL was mobile friendly. You can even make your mortgage payment and view loan documents while getting an oil change or waiting in line at the grocery store!
Becoming the most informed home owner should be at the top of your priority list! Quicken Loans is out to help you do just that with our new billing statement. So much to see! So much to learn!
We’ve learned a lot about how we can make MyQL better over the past 12 months, but we couldn’t have done it without the great comments we received from its users. With our clients’ help (and some good, old-fashioned elbow grease), we’ve developed three new features that make MyQL easier to use – and mortgages simpler to manage.
It’s such a great idea that we’re now offering the opportunity for our clients to sign up for 1098 paperless tax statements through MyQL. Besides all the obvious reasons for going green, they’re a lot more convenient, secure and it’s completely free to sign up.
It’s official! Quicken Loans has introduced a new option for their clients to “go green” with paperless statements. This allows clients to access their statements online via their MyQL account instead of receiving a mortgage statement through the mail. Not only is this service completely free, but there are a ton of benefits that arise from going green with paperless statements! Here are some of the perks included with paperless statements!
So, you’ve decided to refinance your home, and good news – you’ve chosen Quicken Loans! You’ve gone through the numbers, you’re happy with your choice, and now, it’s time for you to sign the documents… but where are they? They aren’t in your mailbox, and they certainly aren’t at a bank. They are, however, sitting right in your very own computer. That’s right, ladies and gentlemen, they’re online, ready to view and electronically sign at your earliest convenience. Could there possibly be a method to our madness? You bet your assets there is.