Quicken loans 2% grant first home buyer

[Hunter Byler]

Has anyone ever heard of quicken loans giving the buyer a 2% grant to use towards a down payment? This is for first home buyers and you have to take a first home buyer course online and have a FICO score of 680+. Just curious if anyone has experience with this and how the overall process went? Thanks!

[Russell Brazil]

Never heard of it....but even so I would not use it even though it sounds great. They are perhaps the worst lender in the market place.  While this sounds like a good deal...I bet they just build it into the loan with a higher interest rate or higher closing costs...which would be hard to do since they have about the highest rates and costs around.