For those who have been scouring the internet for Quicken Loans reviews, you may have noticed that many of the reviews are outdated as Quicken exited the mortgage business in 2021. Here’s the latest on Quicken Loans.
What’s the connection between Quicken Loans and Rocket Mortgage?
In a nutshell, Quicken Loans was established in 1999 when Intuit acquired Rock Financial, a mortgage lender, and merged it with QuickenMortgage, its online home loan platform. Fast forward to 2021, Rocket Companies, Quicken Loans’ parent company, rebranded Quicken Loans as Rocket Mortgage, with all lending operations now under the Rocket Mortgage umbrella.
What is Quicken Loans up to now?
Currently, Quicken Loans, now operated by Rocket Companies subsidiary LMB Mortgage Services, offers information on home purchase and refinance loans on its website. While Quicken Loans is not directly involved in mortgage lending, visitors can explore loan options and provide their contact information for potential offers from Quicken’s partners, including Rocket.
What’s the next step?
If you were considering getting a mortgage from Quicken Loans, you should visit Rocket Mortgage, the primary home lending provider. Rocket Mortgage offers various home loan options, including low-down-payment choices, and is the largest consumer mortgage lender in the U.S.
For those still exploring mortgage options, consider checking out our list of top-rated mortgage lenders, which features Rocket among others. It’s wise to compare multiple lenders to find the best loan and deal for your needs.