Special offer
Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Licensed in 20 states)

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Rainmaker
1,543,623
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I would never use Quiken, for 1,000 reasons and then 1,001 is this. No Quicken, No Rocket Mortgage, no discount call centers period. 

Jason E. Gordon is a lender you want to work with.

Mar 24, 2020 02:13 PM
Rainer
135,724
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

yikes

Mar 24, 2020 01:00 PM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Don't have to take the loan, maybe they don't care? Maybe they are cherry picking that we've heard all about. 

Mar 24, 2020 12:38 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Wow - that is a game-changer. 

Home buying with blinders. 

Mar 24, 2020 12:16 PM
Rainer
378,517
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

everyone should be going local right now.  It's the best bet for getting to close.

Mar 24, 2020 01:23 PM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Interesting, Caroline Gerardo 

Mar 24, 2020 11:45 AM
Rainmaker
7,835,407
Roy Kelley
Retired - Gaithersburg, MD

Thanks for this alert.

Mar 24, 2020 10:48 AM
Ambassador
3,164,269
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

shop local for a lender.  An out of state lender is not the way to go right now.

Mar 24, 2020 01:35 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Caroline,

Thank you for letting know what is what. A

Mar 24, 2020 01:30 PM
Rainmaker
2,390,549
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

That is interesting Caroline Gerardo . I don't think I'd sign without a lock myself.

Mar 24, 2020 11:46 AM
Rainmaker
5,216,381
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Qicken loans has been reported to have no forebrarance for missed payments. I say avoid Quicken Loans and watch the about face!

Mar 25, 2020 05:56 AM
Ambassador
5,229,945
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Oh, no way in hell! That is insane. Sadly, there are people who fall for it.

Mar 24, 2020 08:31 PM
Rainmaker
4,160,356
John Pusa
Glendale, CA

Caroline Gerardo I was not aware of it, thanks for the update.

Mar 24, 2020 02:19 PM
Rainmaker
763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Makes sense to me.  Times are changing too fast at this time.

Mar 25, 2020 12:45 PM
Rainmaker
900,128
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

For my personal loans, I never chose to "lock" and pay extra fees. If you have a good sense for the market, you can feel safe with a spot rate.

Mar 25, 2020 07:26 AM