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Frequently Asked Questions

How safe is Quicken Loans?

Quicken has Face ID and Touch ID for added security. But that’s not all: Quicken Security. Information safety is essential, especially when it concerns investment funds. Quicken uses 256-bit encryption to safeguard your information. Additionally, the solution carries out integrity checks to ensure there’s no altering of messages and data.

Is Quicken Loans a reputable company?

Quicken Loans has consistently been awarded the highest customer satisfaction rating among primary mortgage originators the U.S. for 10 straight years, as well as being one of top 20 companies to work for and a top pick for overall best mortgage lenders, according to Consumers Advocate.

Does Quicken Loans offer reverse mortgages?

The lender can provide a loan equal to the equity the borrower owns on their home. While this loan can provide low interest rates home improvement projects, it could be risky for some because it uses the home as collateral. Quicken loans does not offer a reverse mortgage. Quicken Loans continually keeps its mortgage rates and fees up-to-date.

Are Quicken Loans legitimate?

Its connection to Quicken Loans is strong evidence that it is a legitimate company, earning its license NMLS ID# 1617539. To gauge the reputation of this Detroit headquartered company, consider consumer sentiment regarding its parent company, Quicken Loans, who earned the number 1 in customer satisfaction from JD Power and Co.


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