Is an adjustable rate mortgage right for you?

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Rates as low as 2.875% (3.612% APR)! Fill out the form below, or call (800) 251-9080 to get started now!
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Get a mortgage rate as low as 2.875% (3.612% APR) with the Amazing 5 Mortgage.

  • Do you want to significantly reduce the cost of your mortgage?
  • Do you plan to move or refinance in the next 5, 7 or 10 years?
  • Do you want the lowest mortgage rate available?

If you answered “Yes” to any of these questions, an Amazing Mortgage might be right for you! Whether you choose the Amazing 5 Mortgage, the Amazing 7 Mortgage or the Amazing 10 Mortgage, you’ll get the lowest rate we offer and save thousands over a traditional fixed-rate mortgage during the initial fixed-rate period. Afterwards, the rate may change once per year.

Why you should choose Quicken Loans

  • Only Quicken Loans offers you the Closing Cost Cutter and PMI Advantage. Find out how these great options can help guide you to the best decision to meet your financial goals.
  • With more than 30 years of experience, we’ve designed a mortgage process that adapts to your needs.
  • Our powerful online tools, like MyQL Mobile, allow us to close your loan quickly. This app is exclusive to Quicken Loans clients and works with iPhone® and Android™!

Other loans you might be interested in:

The Amazing Mortgage qualification requirements

  • Refinance up to 90% of your primary home’s value
  • Buy a home with as little as 10% down (primary home)

How an Amazing Mortgage works

  • The Amazing Mortgage is an adjustable rate mortgage (ARM). Interest rates are fixed for a period of 5, 7 or 10 years. After the fixed-rate period, your interest rate may change once per year – either up or down depending on market conditions.
  • Rate changes are capped at 5% above your initial fixed rate and 2% or 5% per adjustment period, which means you’re protected. For example, if your initial interest rate is 2.99%, your rate will never be higher than 7.99%, and it will never rise more than 2% per year after the fixed-rate period.
  • Your actual payment will vary based on your situation and the current interest rates when you apply.
  • You can pay your mortgage at any time without prepayment penalties.
  • FHA and VA ARMs are also available for those who want the flexible guidelines of an FHA or VA loan.

Our Amazing Adjustable Rate Mortgages Stay at a Fixed Rate for 5, 7 or 10 Years!

Our Amazing Adjustable Rate Mortgages Stay at a Fixed Rate for 5, 7 or 10 Years!