preapproval for mortgage loan

[Benjamin Obeng]

what do you guys think about rocket mortgage by quickenloans? Anybody used them to obtain a mortgage loan as a first time home buyer? Do they have good rates compared to other mortgage companies or banks?

[Lei Z.]

Not sure if you are still shopping for loans, Benjamin. We recently refinanced our primary mortgage and chose Quicken Loans. I love their online capabilities. I set up the automatic biweekly payment in time for the first payment withdrawal. That’s how efficient it was. 

In terms of rates, I went for big names such as Wells Fargo, who had my original plan. WF was able to bit the rate but their fee was a bit higher. I ended up going with Quiken Loans through a broker who cut the fees almost in half. He also had a better rate from a different lender but based on what I found online I passed on it.

Depending on your loan origination state, he might be able to help you. PM me if you are interested. I loved working with him. Everything was online, with a mobile notary to boot on closing day.