FeedbackRates Are Historically Low. Call Us Today Before They Go Up Again!
Rate Drop Gives You a 30-Year Fixed as Low as 3.875% (4.07% APR). Call (800) 251-9080 Before It’s Too Late!
“Highest in Customer Satisfaction for Primary Mortgage Origination in the U.S.” – two years running!
J.D. Power and Associates
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Daniel B.“Absolutely everyone was friendly and knowledgeable…the loan process was easy and quick. We can’t say enough good things about Eric – he was great – from the initial contact to keeping us abreast of everything up to and after closing.”
- Mortgage rates could change daily.
- Actual payments will vary based on your individual situation and current rates.
- Some products may not be available in all states.
- Some jumbo products may not be available to first time home buyers.
- Lending services may not be available in all areas.
- Some restrictions may apply.
- Based on the purchase/refinance of a primary residence with no cash out at closing.
- We assumed (unless otherwise noted) that: closing costs are paid out of pocket; this is your primary residence and is a single family home; debt-to-income ratio is less than 30%; and credit score is over 720, or in the case of certain Jumbo products we assume a credit score over 740; and an escrow account for the payment of taxes and insurance.
- The lock period for your rate is 45 days.
- The loan to value (LTV) rate is 70%. If LTV > 80%, PMI will be added to your monthly mortgage payment, with the exception of Military/VA loans. Military/VA loans do not require PMI.
- Please remember that we don’t have all your information. Therefore, the rate and payment results you see from this calculator may not reflect your actual situation. Quicken Loans offers a wide variety of loan options. You may still qualify for a loan even if your situation doesn’t match our assumptions. To get more accurate and personalized results, please call (800) 251-9080 to talk to one of our mortgage bankers.
30-Year Fixed-Rate Mortgage: The payment on a $200,000 30-year Fixed-Rate Loan at 3.875% and 70% loan-to-value (LTV) is $940.48 with 1.75 points due at closing. The Annual Percentage Rate (APR) is 4.07%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.
- Quicken Loans received the highest numerical score in the proprietary J.D. Power and Associates 2010-2011 Primary Mortgage Origination StudiesSM. 2011 study based on 3,647 total responses measuring 16 lenders and measures opinions of consumers who originated a new mortgage. Proprietary study results are based on experiences and perceptions of consumers surveyed in July-September 2011. Your experiences may vary. Visit jdpower.com.