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Quicken Loans question

Posted on 3/30/09 at 10:24 am
Posted by LSUStjames
Member since Dec 2005
3473 posts
Posted on 3/30/09 at 10:24 am
I've been receivng stuff from this company about a refi.

They are offering me a 4.25 30Year Fixed with 1.5 points.

First off is that pretty good compared to what's out there?

And secondly, is this company legit?

Thanks
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/30/09 at 10:54 am to
That sounds suspiciously sweet. What's the company?

ETA: Sorry, I'm guessing it's actually Quicken Loans making the offer and not some 3rd party offering through Quicken?
This post was edited on 3/30/09 at 11:03 am
Posted by LSUStjames
Member since Dec 2005
3473 posts
Posted on 3/30/09 at 11:31 am to
The e-mails are all from Quicken Loans.

I had gotten a quote from them when I bought my house a few years back, and periodically receive stuff from them.

Just never knew the legitmacy of the company itself.
Posted by bignate76
baton rouge
Member since Feb 2008
713 posts
Posted on 3/30/09 at 3:58 pm to
quicken is a joke..really 4.375 with a 1.5% buydown..try locking that...thats about right for todays rates but before today you were paying for 4.5%
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