An exclusive offer for clients who applied with us between December 21, 2010 and May 1, 2012!
The Rate Drop AdvantageSM
As of May 1, 2012, we no longer offer the Rate Drop Advantage program to new clients. If you previously qualified for the Rate Drop Advantage and want to refinance with today’s low mortgage rates, please call (800) 251-9080 to get started!
Simply close a loan, and if you refinance again for any reason in the next seven years (120 days after the close of your original loan with us), you’re covered by the Rate Drop Advantage.
The Rate Drop Advantage covers all closing costs listed below. Any additional closing costs are the responsibility of the borrower.
Appraisal Fee
TSI Appraisal Services
Credit Report
Tax Certification Fee
Recording Fees
Flood Life of Loan Fee
Notary Fees
Flood Certification Fee
Processing Fees
Underwriting Fees
To qualify for the Quicken Loans Rate Drop Advantage℠ you must close a mortgage loan with Quicken Loans by December 31, 2012 and have applied for your mortgage between December 21, 2010 and May 1, 2012. Then, when you refinance that loan by closing a new mortgage loan with us during the time frame that is 120 days after close to 84 months after close we will pay the closing costs listed above. Offer valid once per mortgage and with the same property address only. Offer valid on refinance mortgages only.
At the time of refinance you must qualify per full credit / underwriting guidelines. Team member loans not included. Promotion cannot be combined with any other offer.
Why Should You Choose Quicken Loans?
Only Quicken Loans offers you the Closing Cost Cutter and PMI Buster. Find out how these great options can help guide you to the best decision to meet your financial goals.
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™!
We have an A+ rating according to the Better Business Bureau.
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