Quicken Loans
Compare Rates, Pick the Right Loan,
and Own Your Home Faster
Get matched with top mortgage lenders through Quicken Loans — 100% free, fully online. FHA, VA, Conventional, USDA & One+ Program all available. No obligation to apply.
Get Your Mortgage Options Now
Compare FHA, VA, Conventional & One+ Program — matched to your profile in minutes.
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What Is Quicken Loans Today?
From America's #1 mortgage lender to a powerful comparison marketplace — here's everything you need to know about the brand's transformation.
Mortgage Marketplace
The platform now connects borrowers with a network of lenders offering competitive rates. Submit your information once and receive offers from multiple partners.
Learn more →All Major Loan Types
Through its lending partners, The platform offers access to FHA, VA, USDA, conventional, jumbo, and refinance options — all in one place.
Explore loan types →Fast Digital Experience
The fully online platform lets you explore options, compare rates, and connect with lenders without visiting a branch or waiting on hold.
How to apply →vs Rocket Mortgage
Quicken Loans and Rocket Mortgage have separate roles now. We break down the key differences and which is better for your situation.
Compare now →Free Mortgage Calculator
Estimate your monthly payment, total interest, and true cost of homeownership before you apply. No personal info required.
Use calculator →Customer Reviews
Read what thousands of borrowers say about their experience — the good, the bad, and what to expect when you apply through the platform.
Read reviews →Quicken Loans Rating Breakdown
Scores are based on independent research, user feedback, and comparison against competing lenders as of July 2026.
QuickenLoansApp Score
Quicken Loans Key Stats
Do I Qualify for a Quicken Loans Mortgage?
partner lenders have some of the most flexible eligibility standards in the mortgage industry. Here's what you need to know about credit scores, income, and down payment requirements for each Quicken Loans product.
Credit Score Requirements
- Conventional Loan: 620+ (best rates at 740+)
- FHA Loan: 580+ (some lenders 500+ with 10% down)
- VA Loan: No official minimum (lenders often 580+)
- USDA Loan: 640+ typically
- Jumbo Loan: 700+ recommended
partner lenders use both FICO and VantageScore models. A soft credit check is used to show initial estimates.
Down Payment Minimums
- FHA Loan: 3.5% (with 580+ credit)
- Conventional: 3% for first-time buyers, 5% standard
- VA Loan: $0 down for eligible veterans
- USDA Loan: $0 down in eligible rural areas
- One+ Program: 1% down (Quicken Loans exclusive)
Gift funds, down payment assistance programs, and seller concessions are typically permitted through network partners.
Income & DTI Requirements
- DTI Ratio: Up to 50% (43% preferred)
- Employment: 2 years continuous history preferred
- Self-employed: 2 years of tax returns required
- Income proof: W-2s, pay stubs, tax returns
- Reserves: 2–6 months of payments for some loans
Non-traditional income (freelance, 1099, rental) can qualify through the platform lenders offering bank statement programs.
Property & Occupancy
- Primary residence: All Quicken Loans programs available
- Second home: Conventional and jumbo only
- Investment property: 15–25% down required
- Property types: Single-family, condo, townhome, 2–4 units
- Location: All 50 US states covered
Manufactured homes and mobile homes have limited program availability through network partners.
Get a free eligibility check through the platform in under 3 minutes — no impact to your credit score.
Current Quicken Loans Mortgage Rate Estimates
Below are estimated rate ranges for partner lenders as of July 2026. Your actual rate depends on credit score, down payment, loan-to-value ratio, and property location. These are for comparison purposes only and do not represent a loan offer.
| Loan Product | Rate Range (APR) | Best For | Points |
|---|---|---|---|
| 30-Year Fixed Conventional | 6.75% – 7.25% | Long-term buyers, predictable budget | 0 – 0.75 |
| 15-Year Fixed Conventional | 5.99% – 6.49% | Faster payoff, lower total interest | 0 – 0.5 |
| 30-Year FHA | 6.50% – 7.00% | First-time buyers, credit 580–680 | 0 – 1.0 |
| 30-Year VA | 6.25% – 6.75% | Veterans, active duty, military families | 0 – 0.5 |
| 30-Year USDA | 6.50% – 6.99% | Buyers in USDA-eligible rural areas | 0 – 0.5 |
| 5/1 ARM Conventional | 6.25% – 6.75% | Short-term buyers, moving in 5–7 years | 0 – 0.5 |
| Jumbo 30-Year Fixed | 6.85% – 7.35% | Loan amounts above $806,500 (2026) | 0 – 1.0 |
| Refinance (Rate/Term) | 6.75% – 7.25% | Existing homeowners lowering rate | 0 – 0.75 |
How Quicken Loans Works
The process is simple, free, and fully online. Here's what to expect from start to close.
Answer a Few Questions
Tell the service about your loan goal, property type, and financial situation online in minutes.
Get Matched with Lenders
The marketplace connects you with partner lenders — including Rocket Mortgage — who match your profile.
Compare Rate Offers
Review competing rate offers, loan terms, and fees side-by-side. No obligation to proceed.
Apply & Close
Choose your preferred lender, complete the full application, and close your loan — often in 8–30 days.
Loan Types Available Through Quicken Loans
Through its lending marketplace, The platform provides access to every major US mortgage program. Compare loan types below and click through to detailed guides for each program.
Conventional Loans
3% down · 620+ credit · 15/30-yr fixed
Standard mortgage backed by Fannie Mae/Freddie Mac. Best rates for borrowers with 740+ credit and 20% down. Available on primary, second homes, and investment properties.
Learn about conventional loans →FHA Loans
3.5% down · 580+ credit · Government-backed
FHA loans through network partners require lower credit scores and down payments than conventional. Popular with first-time buyers. Requires mortgage insurance (MIP).
Full FHA loan guide →VA Loans
$0 down · No PMI · Veterans only
Available to eligible veterans, active-duty military, and surviving spouses. partner lenders are VA-approved. No mortgage insurance and competitive rates.
Full VA loan guide →USDA Loans
$0 down · 640+ credit · Rural areas
USDA-eligible rural and suburban areas qualify. Income limits apply based on household size and location. Check property eligibility on the USDA map before applying.
Learn about USDA loans →Refinance
Rate/term · Cash-out · Streamline
Lower your interest rate, shorten your term, or tap home equity through the platform partner refinance options. FHA and VA streamline refinance available.
Full refinance guide →One+ Program
1% down · Grant match · Income limits
the mortgage comparison service One+ requires just 1% down, with a 2% grant match up to $7,000. Income limits apply. One of the lowest down payment programs available in the US.
Learn about One+ →Not sure which loan type is right for you? the marketplace matches you with lenders based on your goals and profile.
Find My Best Loan Type →Who Should Consider Quicken Loans?
It works well for certain borrower profiles and less well for others. Below are five common borrower types and how well the the marketplace fits each situation.
First-Time Home Buyers
✓ Strong FitFirst-time buyers benefit most from partner lenders because the marketplace surfaces FHA, One+, and conventional 3%-down options in one place. First-time buyer education content and calculator tools are also available.
- Best programs: FHA (3.5% down), One+ (1% down)
- Min credit: 580 for FHA
- Watch out for: PMI adds cost — factor into monthly budget
Veterans & Military Families
✓ Strong FitVeterans get access to $0-down VA loans through partner lenders, most of whom specialize in VA financing. VA-eligible borrowers should compare the platform partner rates against VA-focused lenders like Veterans United.
- Best program: VA Loan (30-year fixed)
- Advantages: $0 down, no PMI, competitive rates
- Documents needed: Certificate of Eligibility (COE)
Existing Homeowners Refinancing
✓ Strong FitHomeowners looking to refinance benefit from the platform quick rate comparisons across partner lenders. Rate/term, cash-out, and streamline refinance options are all available with no origination fees at select partners.
- Best refi types: Rate/term for lower rate, cash-out for equity
- Break-even rule: Refi if you'll save costs within 24 months
- Streamline available: For existing FHA and VA borrowers
Self-Employed Borrowers
~ Mixed FitSelf-employed borrowers can qualify through partner lenders, but the process requires more documentation (2 years of tax returns, profit/loss statements). Some partners offer bank statement loans; not all the comparison marketplace lenders participate.
- Options: Full documentation loans, bank statement loans
- Watch out for: Higher rates for non-QM programs
- Alternative: Specialized non-QM lenders may offer better terms
Investment Property Buyers
✗ Weaker FitReal estate investors will find the marketplace limited for investment properties. Options are largely conventional-only, with 15–25% down requirements. Specialized DSCR lenders or portfolio lenders typically offer more investor-friendly terms.
- Available: Conventional loans on 1–4 unit properties
- Not available: DSCR loans, hard money, portfolio loans
- Better alternatives: Kiavi, Lima One Capital, LendingHome
Rural & Small-Town Buyers
✓ Strong FitBuyers in USDA-eligible areas get $0-down USDA financing through partner lenders. Check the USDA property eligibility map first, as location determines qualification more than income for most rural applicants.
- Best program: USDA Guaranteed Loan (30-year fixed)
- Income limits: 115% of area median income
- Property must be: In USDA-eligible rural/suburban zone
Not Sure Which Loan Type Fits You?
Answer 5 quick questions and we'll recommend the best this platform partner loan program for your situation — takes 30 seconds, no signup required.
Quicken Loans: Pros & Cons
Here's our honest, unbiased assessment of the platform as of 2026.
✅ Pros
- ✔Free to use — no cost to compare lenders
- ✔100% online application process
- ✔Access to multiple loan types through partner network
- ✔Fast matching — receive offers quickly
- ✔Strong brand reputation since 1985
- ✔4.4/5 on Trustpilot (third-party reviews)
- ✔Educational tools, calculators, and guides
⚠️ Cons
- ✘Not a direct lender — you're matched with partners
- ✘Hard credit pull required for customized rates
- ✘No HELOC products available
- ✘Contact info required before seeing loan options
- ✘No in-person branch locations
- ✘Some users report follow-up calls from multiple lenders
What Quicken Loans Borrowers Say
We analyze public borrower reviews on Trustpilot to identify common themes — positive and negative. We do not reproduce verbatim reviews; all summaries reflect patterns from publicly available review data. See Trustpilot directly for current review counts and ratings.
Fast, Seamless Digital Process
The most frequently mentioned praise across 5-star reviews centers on the speed and ease of the online application. Borrowers consistently describe completing the matching process in under 30 minutes and receiving lender offers quickly, without needing to visit a branch or wait on hold.
Helpful, Knowledgeable Loan Officers
A strong second theme in positive reviews highlights the quality of loan officers assigned through partner lenders. Reviewers frequently note that their officer was responsive, answered questions clearly, and guided them through each stage — including on weekends.
Competitive Rates via Comparison
Four-star reviewers frequently credit the marketplace model for helping them find more competitive rates than expected. The ability to see multiple lender offers side-by-side is repeatedly described as a key advantage over going directly to a single lender.
Multiple Lender Follow-Up Calls
The most common 3-star theme involves receiving calls from several different lenders shortly after submitting contact information. Reviewers acknowledge this is expected behavior from a marketplace model but find the volume of outreach surprising. Most still report completing the process successfully.
Confusion About Marketplace vs. Lender
Low-rating reviews most commonly describe confusion about whether the service itself is the lender. Some borrowers felt the platform did not clearly explain that they would be transferred to a partner lender. This reflects the rebrand from direct lender to marketplace model that occurred in 2023.
QuickenLoansApp.com is independent and not affiliated with Trustpilot or the mortgage comparison service. Rating data sourced from Trustpilot public profile.
Alternatives to Quicken Loans
If It doesn't fit your situation — or you want to compare options before applying — these are the strongest competitors in the US mortgage marketplace, each with distinct advantages.
Rocket Mortgage
Direct LenderFormerly part of the same parent company as the marketplace. Rocket Mortgage is now the direct lender for many former Quicken customers. Best for borrowers who want to work directly with one lender rather than compare offers.
Full Quicken Loans vs Rocket comparison →Bankrate Mortgage Marketplace
Comparison SiteSimilar comparison model to the platform, but with a wider lender panel including credit unions and regional banks. Best for borrowers who want the broadest possible rate comparison across many lender types.
Visit Bankrate ↗Veterans United
VA SpecialistThe largest VA loan originator in the US. Highly specialized in VA products and often offers better VA rates than partner lenders. Only relevant for veterans and eligible military families.
Visit Veterans United ↗Better.com
Online LenderFully-online direct lender with a rate-match guarantee. Better.com typically has fewer fees than partner lenders and offers price transparency upfront. Slower customer service is a common complaint.
Visit Better.com ↗
Meet Our Editorial Team
Every piece of content on QuickenLoansApp.com is researched, written, and fact-checked by our independent editorial team — mortgage professionals with hands-on lending experience. We are not paid by lenders to produce favorable coverage.
Specializes in FHA, VA, and conventional loan analysis. A.J. has personally processed over 800 mortgage applications and brings ground-level expertise to every rate comparison and lender assessment on this site.
S.R. covers mortgage rates, refinancing trends, and homebuying economics. Her writing focuses on translating complex loan structures into clear, actionable information for first-time buyers and repeat homeowners.
M.T. verifies all data, rate figures, regulatory citations, and lender claims before publication. Every page on this site goes through M.T.'s editorial review process before going live.
How We Evaluate Quicken Loans
Our analysis is based on independent research using publicly available data, regulatory filings, and verified borrower feedback — not paid placements or lender-sponsored content.
We review CFPB complaint data, NMLS licensing records, BBB filings, and official lender disclosures — not just marketing material.
We analyze thousands of verified reviews from Trustpilot, ConsumerAffairs, WalletHub, and Google — identifying patterns in praise and complaints.
We cross-reference Quicken Loans partner rates against national averages from Freddie Mac, Bankrate, and the Federal Reserve weekly survey.
Rates, requirements, and product availability change frequently. Our team reviews and updates all content at least once per month.
What We Measure
Our 4.1/5 rating for The marketplace is a weighted composite across five independently scored dimensions.
Scoring Breakdown
Quicken Loans — Frequently Asked Questions
Questions answered by our editorial team based on publicly available lender data, CFPB records, and verified borrower experiences.