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? Quicken Loans Frequently Asked Questions
What types of loans does Quicken Loans offer?
We offer a variety of loan options, including fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans.
How can I apply for a loan with Quicken Loans?
You can apply for a loan with us online through our website or by speaking with one of our loan specialists.
What documents do I need to provide when applying for a loan?
You will typically need to provide documents such as pay stubs, W-2 forms, bank statements, and tax returns when applying for a loan.
How long does the loan approval process take?
The loan approval process can vary depending on the type of loan you are applying for and your individual financial situation, but it generally takes a few days to a few weeks.
Can I get pre-approved for a loan with Quicken Loans?
Yes, you can get pre-approved for a loan with us, which can help you better understand how much you can borrow and what your interest rate will be.
What is the minimum credit score required to qualify for a loan?
The minimum credit score required to qualify for a loan can vary depending on the type of loan you are applying for, but a higher credit score will generally result in better loan terms.
What is the difference between a fixed-rate mortgage and an adjustable-rate mortgage?
A fixed-rate mortgage has an interest rate that does not change over the life of the loan, while an adjustable-rate mortgage has an interest rate that can change periodically based on market conditions.
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