Arizona Mortgage Team

Arizona Mortgage Rates. Refinance FHA, VA and Jumbo Mortgage Loans.

  • Loan Programs
    • FHA Loans
      • FHA 203k Loan
      • FHA Streamline Refinance
      • FHA Kiddie Condo Loan
    • VA Loans
    • USDA Loans
    • HomePath Loans
    • Interest Only Mortgage Loans
    • Refinancing
    • Reverse Mortgages
      • Reverse Mortgage Quote
  • Insurance
    • Arizona Car Insurance
    • Arizona Homeowner Insurance
    • Arizona Life Insurance
    • Arizona Renters Insurance
  • Press
  • Blog

From The Inbox: “Is Quicken (Rock Financial) A Reputable Lender?”

August 24, 2008

As our blog continues to grow, we are getting more questions each week — all good questions and it is fun to meet so many new people who are in so many different financial situations.

Tammy and I were talking and we thought that it would be fun to take a question that seemed like it may apply to more than just one person and write our view of “the answer”.

This question came from Michelle:

“Is Quicken (Rock Financial) a reputable lender?”

My Answer:

Michelle, first let me say that it would be unwise for us to say anything about a particular lender, not because we are worried about what they “will do to us” if we “said bad things” but because in our experience, there really isn’t such a thing as a “good” or “bad” lender, only good and bad loan officers.

Due to the sheer number of people who work at any given lender, it has been my experience that there are reputable and good people at almost every organization that I have come in contact with.  There are also not-so-reputable-and-good people at these same places!

So, as mentioned on RealPhoenixLiving this week, you really want to focus on finding a good loan officer that has a network of people who can verify that the loan officer gives great service at a fair price.  Look for more in the coming weeks on “how to find a good loan officer coming soon to RealPhoenixLiving” as we continue our series there.

That said.

As I worked with Michelle and learned more about her situation, it became clear that many people who are currently shopping for a mortgage aren’t aware of how to calculate what is a good deal and what means that they are getting ripped off.

So if you are a consumer, how exactly do you tell if you are getting a good deal or getting ripped off by your loan officer?  Be sure to check back tomorrow!

Filed Under: The Business of Mortgages Tagged With: loan officers

Recent Items

  • How Does a VA Streamline Work?
  • Can you Use a Mortgage Assumption after a Divorce?
  • What are the Major USDA Streamline Guidelines?
  • How is the USDA Monthly Guarantee Fee Calculated?
  • How to Purchase USDA Foreclosed Homes?

Latest News

  • How Does a VA Streamline Work?
  • Can you Use a Mortgage Assumption after a Divorce?
  • What are the Major USDA Streamline Guidelines?
  • How is the USDA Monthly Guarantee Fee Calculated?
  • How to Purchase USDA Foreclosed Homes?

Search

IMPORTANT MORTGAGE DISCLOSURES:

When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.

Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.

When applying for a mortgage credit product, lenders will commonly require you to provide a valid social security number and submit to a credit check . Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing.

Minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee.

Copyright © Mortgage.info is not a government agency or a lender. Not affiliated with HUD, FHA, VA, FNMA or GNMA. We work hard to match you with local lenders for the mortgage you inquire about. This is not an offer to lend and we are not affiliated with your current mortgage servicer.

Contact Us | Terms of Use | Privacy Policy

Buy Mortgage Leads

Mortgage.info

NMLS ID #1237615 | AZMB #0928735

8123 South Interport Blvd. Suite A, Englewood, CO 80112

CLICK TO SEE TODAY'S RATES

Contact Us