If you’re looking to save thousands in interest on your mortgage, pay it off quicker, build equity in your house faster, and enjoy making monthly payments at a fixed rate, check out the Quicken Loans 15-year fixed-rate loan. It could be a great way for you to either buy your first home, or refinance your current loan.
From the very first phone call with my Home Loan Expert to signing the last document at the closing table, there’s nothing about my mortgage experience that didn’t go well with Quicken Loans. Here are five ways MyQL can improve your mortgage experience, too!
Have you ever wondered what affects the interest rates you can get on your mortgage? In this post, we’ll explain how the price of crude oil influences your pocketbook in more ways than one.
Getting a mortgage is often referred to as “the mortgage process,” with an emphasis on the “process” part. It’s not a one-and-done type of event (as much as we all want it to be), but getting preapproved can set you up for success. When you get preapproved you get a beautiful document called a preapproval letter, also known as your PAL. But before we get ahead of ourselves, let’s nail down the preapproval basics.
The latest video in our Zing Education Series is on a topic that affects many of our clients who are going through the refinance process: subordination. Learn about subordination, and how it can affect refinancing your mortgage.
Mortgage escrow is something that many of our clients have questions about. So we created a video to explain it. Enjoy!
The real estate, or mortgage, appraisal is a very important part of the mortgage process. An appraisal is an estimate of the true market value of a property, and it sets the amount that may be mortgaged for a property. Find out more about appraisals in our new video, part of the Zing educational video series.
Mortgage broker and loan officer are just two of the terms for individuals who work in the mortgage industry. The difference between them is basically how they’re paid.
Great news for those of you who are buying a home or refinancing and need private mortgage insurance (PMI). Quicken Loans announces PMI Advantage, a new and exclusive program that can save you thousands in mortgage insurance payments compared to traditional PMI.
There’s no doubt that being your own boss can be awesome. The less-than-awesome part? Self-employment makes the mortgage process more complicated for you than for those who work 9-to-5 jobs. Here are some tips to help you through the process.