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Updated about 6 years ago on . Most recent reply

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20
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Michael J.
  • jamaica, NY
8
Votes |
20
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Quicken loans

Michael J.
  • jamaica, NY
Posted

Hello everyone, 

I did a search on bigger pockets about Quicken loans and was unable to find a thread.

My question is, have you ever used Quicken loans for financing deals? If you did, how did it go and what is your opinion. Thanks. 

Most Popular Reply

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1,750
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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
879
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1,750
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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
Replied

Quicken Loans is a big bank here in the Midwest. It is owned by Dan Gilbert who also owns the greatest basketball team in the world, the Cleveland Cavaliers. 

One of my rentals has a mortgage with Quicken Loans. They are like most other big banks and so keep that in mind when using them. They are great to deal with after the loan is closed but aren't as flexible as smaller local banks or credit unions when it comes to getting the initial deals done. 

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