Headquartered in downtown Detroit, Michigan, Quicken Loans Inc. is the largest online retail mortgage lender in the United States. The company operates through three subsidiaries: Quicken Loans, Title Source, and One Reverse Mortgage. In 2012 alone, Quicken closed over $70 billion in home loans fulfilling the homeownership dreams of a large number of customers.
Whether you are a first-time homebuyer, moving and buying a house, purchasing a vacation home, or looking to refinance your existing mortgage, Quicken Loans can offer you attractive deals to choose from.
Quicken Loans Mortgage Rates and Loan Options
Quicken Loans offers a wide variety of mortgage products that include adjustable rate mortgage, 30-year fixed mortgage, 15-year fixed mortgage, FHA loan, VA loan, jumbo loan, HARP refinance and reverse mortgage.
An adjustable rate mortgage is a great way to finance a house and start with a fixed interest rate for a set period of time. Depending on your plan, you can get the rate adjusted after 5, 7, or 10 years. This is a good loan option if you want to get the lowest available mortgage rate in the market.
On the other hand, fixed-rate loans such as 30-year fixed mortgage or 15-year fixed mortgage will offer you interest rate and principal payments that will remain unchanged for the entire life of your loan.
The table below shows the current mortgage rates on various mortgage options offered by the company.
Current Quicken Mortgage Rates
| 5-year ARM | 3.375%
Future Adjustments |
(3.476% APR) |
| 30-Year Fixed | 3.99% | (4.27% APR) |
| 15-Year Fixed | 3.125% | (3.582% APR) |
| VA 30-Year Fixed | 3.625% | (3.91% APR) |
| VA 5/1 ARM (1/1/5) | 2.99%
Future Adjustments |
(2.935% APR) |
Quicken Loans Mortgage Payment
Making a mortgage payment is very easy with Quicken Loans as it offers a number of convenient ways to pay your monthly mortgage. You can sign in to your online mortgage account using your Username and Password. Once you have logged on, you can make online mortgage payment or view your account activities.
You can also pay your mortgage through ordinary mail. You can send your monthly mortgage payment to:
Payment Address: Quicken Loans PO Box 6577
Carol Stream, IL 60197