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Question : wanna get a home loan anyone go with eloan or quicken loans are they good anyone have them?
- asked by matt12882003
All Answers: Answer #1I think both eLoans and quicken loans have good mortgage products. I'm sure both of them haveawful, ARM and balloon loans too. Just be sureyou are getting a fixed rate with no points and noorigination fees. The mortgage jargon for thistype of loan is a 'Par quote'.
- answered by KC
Answer #2
As oneof the other answerers stated above, I'msure both have great products so long as you arecareful about which product you are wanting. Butas for first-hand experience with either I can'thelp you. However Bankrate.com is a top-rate venuefor discovering info on any kind of investmentother than the stock market. And this guy is oneof their very best at mortgage info. Link to this& read Holden Lewis' Mortgage Matters Blog. You'llfind him & bankrate a terrific source forquestions of your kind:
- answered by takeitez2
Answer #3
write in details your credit score ,state you arein ,value of house you wanna buy ,the annualincome to kishaloy_bhowmick@yahoo.com and willinform you of your options!!!!!!!!11regards,kish480.751.4125.Loan Officer
- answered by kishaloy_bhowmick
Answer #4
Yes, ELOAN, Quicken Loans, and Choice Finance areall lenders and are all good. Stay clear ofLending Tree, they give your name to the manyadvertisers in their network who will solicit youheavily.
- answered by mortgage help
Answer #5
Eloan and Quicken Loans are both big lenders withgood reputations. However, they have a way ofdoing business that may not work for allsituations.They are what's called "A Paper"lenders so they only loan to borrowers with thevery best credit and even then they may haveissues. They also spend a lot of money onadvertising and they are still able to offerextremely low rates. They are able to do this andstill make a profit by paying there loan agentsvery little compared to the average and notgiving them very much training. If these agentscome across a situation that is not "cookiecutter" they may have a tough time addressing theissue even if you have great credit. Overall, Ithink they are fine if you want a low rate at theexpense of customer service. Which is fine if youare doing a refinance and the rates are not aboutto go up and you don't need any cash right away.If, however, you are purchasing a house or youhave a slightly unique situation I would avoidthem.Email me if you'd like me to take a look atwhat I can do for you. If someone can get you abetter loan, I will be the first to tell you.
- answered by kevingeorgecampbell
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