Quickenloans is it a good company to refinance my house???

Cinderella
They seem to primarily be pitching their negative amortization ARM loans. Do you really want a loan where your balance goes up every month?I firmly believe you should stay local. Ask around to friends and family for referrals to lenders they've used before, and would use again. Talk to a few and see what you find.

Martine
Definitely no. Go to a local mortgage broker and have a face-to-face meeting to discuss your refi. I would never, never, never trust my information in a transaction like this with some snot-nosed kid on the internet. You want a professional mortgage broker - not side-show Bob.

Coleman
NO !!! depending on your area check and see if there is a NACA office near you thay are comitted to helping everyone refinace with a predatory interest rate. naca.com check it out and good luck!

Belle
quicken loans is owned by the bank, they also sell your information as leads for other mortgage brokers.To answer your question NO...Try a local broker/bankerMD/DC/VA http://1stmdloans.com

Angele
Unfortunately, some internet lenders have been making money buy selling your information to other lenders, all pull a credit score. Each time your credit is pulled for a potential loan, if takes a few points off your credit score. Say quickenloans sells your information to 10 other lenders, each pull your credit history, that is about 30 points off your score. Not many people can afford to take that kind of hit on their score. And these companies usually attached some additional fees that many people don't check. The interest rate looks attractive and that is what lures people in. Then when you sign, there is a 3% transaction fee, you pay 4 days late and there is a $39 late fee, you get upset and try to refinance, and there is a 1% pre-payment penalty. So if you decide to go with an internet lender, or one of the bottom feeder mortgage lenders who will post their contact information here, make sure you look beyond interest rates.