![]() ![]() To be eligible for a home loan with Quicken Loans, you’ll need a personal credit score of at least 580 for FHA loans, 620 for conventional and VA loans and 700 for jumbo loans. ![]() This lender charges a large application deposit that can cost as much as $750 and isn’t fully refunded unless your loan goes through and the money is applied to your closing costs. Quicken is ideal for borrowers who are more comfortable working with a loan officer because its process requires one to apply.īut you should only apply when you’re ready. Quicken Loans can also offer a quick closing process to those in more competitive markets or who need to get into their new home right away. Its streamlined online application with quality customer service along the way can help even borrowers with complex mortgage needs navigate the process. Quicken Loans is the largest mortgage lender in the US for a reason.
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