Since the dot-com boom of the late 1990s, online mortgage companies have become an … Quicken Loans offers mortgage rate locks with its RateShield Approval. Quicken Loans offers mortgage rate locks with its RateShield Approval. This service locks the initial mortgage interest rate up to 90 days on fixed-rate loans such as a … Quicken Loans, powered by its Rocket Mortgage product, is a leading online mortgage lender. This service locks the initial mortgage interest rate up to 90 days on fixed-rate loans such as a 30-year conventional, FHA, and VA. Locking up a low rate can provide savings, especially during volatile market periods where mortgage rates can be in constant flux. Mortgage Rates Today: 15 Year / 30 Year. One of the most important considerations when choosing a mortgage lender is understanding what the loan will cost. Quicken Loans mortgage rates and fees. Quicken Loans, its parent company, is the largest online mortgage lender, affording Rocket Mortgage many more resources than much of its web-based competition. FHA Streamline - Ideal for consumers who already have a Federal Housing Administration home loans and are looking to refinance in order to have a lower fixed interest rate. Ideally, you want a price that's at least equivalent to, or even better below, the existing average price for the loan product you're interested in. Your Local Bank for Mortgage Loans: An Overview . Possibly because of the online nature of the business, though, its interest rates are very good, even when compared to some of the largest traditional lenders. Quicken Loans is the largest mortgage lender in the U.S. based on loan volume and is licensed in all 50 states. The lender offers conventional mortgages, adjustable-rate mortgages, Federal Housing Administration loans, U.S. Department of Veterans Affairs loans, U.S. Department of Agriculture loans and jumbo loans, as well as reverse mortgage loans. One point is equal to one percent of your loan amount. 30-year Fixed-Rate Loan: The payment on a $200,000 30-year Fixed-Rate Loan at 2.875% (3.078% APR) is $829.79 for the cost of 1.50 point(s) due at closing and a loan-to-value (LTV) of 74.91%. Quicken Loans vs. 1 Based on Quicken Loans data in comparison to public data records.. Quicken Loans, 1050 Woodward Ave., Detroit, MI 48226-1906 NMLS #3030. Quicken Loans offers jumbo options of up to $3,000,000 with fixed or adjustable rates and different mortgage lengths. 4. Check your mortgage rate with Quicken Loans today, December 10, 2020. Check your mortgage rate with Rocket Mortgage today, December 10, 2020. ©2000 – 2020 Quicken Loans, LLC. 3. Mortgage rates. They offer a broad selection of purchase and refinance loan options. US Bank. For Mortgage First: Mortgage First is a service available exclusively from Quicken Loans. Go here for the Quicken Loans NMLS consumer access page. To obtain the best home loan rate, shop around with multiple lending institutions. The actual payment amount will be greater. Payment does not include taxes and insurance. Rates may be higher or lower for different loan amounts, loan products, property type, credit score, occupancy, Loan-to-Value, and loan purposes.