Second time refinancing with Quicken loans
Written: Sep 07 '11 (Updated Sep 07 '11)
I refinanced again for a second time with Quicken loans. This time I did not have to pay any fees at all. They covered all expenses including the home inspection, lawyer fees and all miscellaneous fees. I actually got a $500 check back from them once the transaction was complete.
If the rates continue to drop I will probably refinance with Quicken for a third time.
The process was simple and quick. I did everything over the phone and email. The person I dealt with was very helpful and answered all questions and concerns I had. He is the same person who helped me refinance 3 years earlier so they seem to retain the people they have. It is nice to not have to deal with a different person each time you need to refinance.
The only complaint I had was during the loan process the rates dropped and I did not automatically get the lower rate. I thought I would get a onetime rate adjustment if the rates did drop during the loan process but that was not the case. Regardless of this if the rates continue to drop I will probably refinance with Quicken loans again.
I would definitely recommend Quicken loans to anyone looking to refinance at this great rates.
I received a $5 gift card for writing this review, regardless of whether I had a positive or negative experience.
Recommended: Yes
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