Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

Account Closed
  • Ashville, OH
2
Votes |
1
Posts

Quicken Loans vs. traditional bank

Account Closed
  • Ashville, OH
Posted

I'm trying to get the ball rolling on my first deal and get pre-approved for a loan. I've researched Quicken Loans and even started the application process to get pre-approved, and it seems like it will be legit and pretty easy. Can anyone offer some advice on this route vs a brick and mortar bank for a fist time buyer?

Most Popular Reply

User Stats

1,163
Posts
381
Votes
Melvin List
  • Lender
  • Tampa, FL
381
Votes |
1,163
Posts
Melvin List
  • Lender
  • Tampa, FL
Replied

I would reach out to a broker that is approved with Quicken and save yourself some money.  Quicken has a great processing system but if you call them directly versus calling a broker approved to do business with them you will have a higher rate by roughly a .25% and $800-$1000 in origination fees.  

  • Melvin List
business profile image
C2 Financial

Loading replies...