Did you know Quicken is not allowing Rate Locks until after FINAL approval with zero conditions, means clear to close- ?

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Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Licensed in 20 states)

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Rainmaker
1,619,361

Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO

Big Block Realty 858.232.8722 - La Jolla, CA

Serving Coastal San Diego, Veteran's & Seniors

I would never use Quiken, for 1,000 reasons and then 1,001 is this. No Quicken, No Rocket Mortgage, no discount call centers period.

Jason E. Gordon is a lender you want to work with.

Mar 24, 2020 02:13 PM

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5

Eve Alexander

Tampa, FL
Debe Maxwell, CRS

Charlotte, NC
Jason E. Gordon

Coronado, CA
John Pusa

Glendale, CA
Thomas J. Nelson, REAL...

La Jolla, CA

Rainer
135,874

Jerrill Ewing

N & J Lake Properties, LLC - Eatonton, GA

Builder

yikes

Mar 24, 2020 01:00 PM

Upvote

4

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA
Don Baker

Eatonton, GA
Bob "RealMan" Timm

Minot, ND

Rainmaker
1,870,453

Lyn Sims

Schaumburg, IL

Real Estate Broker Retired

Don't have to take the loan, maybe they don't care? Maybe they are cherry picking that we've heard all about.

Mar 24, 2020 12:38 PM

Upvote

4

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA
Bob "RealMan" Timm

Minot, ND
Kris Collis, Associate...

East Stroudsburg, PA

Ambassador
3,430,007

Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate Services

Wow - that is a game-changer.

Home buying with blinders.

Mar 24, 2020 12:16 PM

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4

Kathleen Daniels, Prob...

San Jose, CA
Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA
Bob "RealMan" Timm

Minot, ND

Rainer
414,084

Don Baker

Lane Realty - Eatonton, GA

Lake Sinclair Specialist

everyone should be going local right now. It's the best bet for getting to close.

Mar 24, 2020 01:23 PM

Upvote

3

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA
Tammy Lankford,

Eatonton, GA

Rainmaker
1,442,553

John Juarez

The Medford Real Estate Team - Fremont, CA

ePRO, SRES, GRI, PMN

Interesting, Caroline Gerardo

Mar 24, 2020 11:45 AM

Upvote

3

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA
Bob "RealMan" Timm

Minot, ND

Rainmaker
8,149,382

Roy Kelley

Retired - Gaithersburg, MD

Thanks for this alert.

Mar 24, 2020 10:48 AM

Upvote

3

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA
Bob "RealMan" Timm

Minot, ND

Ambassador
3,213,209

Tammy Lankford,

Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA

Broker GA Lake Sinclair/Eatonton/Milledgeville

shop local for a lender. An out of state lender is not the way to go right now.

Mar 24, 2020 01:35 PM

Upvote

2

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA

Rainmaker
5,774,095

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Caroline,

Thank you for letting know what is what. A

Mar 24, 2020 01:30 PM

Upvote

2

Debe Maxwell, CRS

Charlotte, NC
John Pusa

Glendale, CA

Rainmaker
2,520,670

Bob "RealMan" Timm

Ward County Notary Services - Minot, ND

Owner of Ward Co Notary Services retired RE Broker

That is interesting Caroline Gerardo . I don't think I'd sign without a lock myself.

Mar 24, 2020 11:46 AM

Upvote

2

John Pusa

Glendale, CA
Kris Collis, Associate...

East Stroudsburg, PA

Rainmaker
5,481,776

Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

Qicken loans has been reported to have no forebrarance for missed payments. I say avoid Quicken Loans and watch the about face!

Mar 25, 2020 05:56 AM

Upvote

1

Eve Alexander

Tampa, FL

Ambassador
5,486,412

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Oh, no way in hell! That is insane. Sadly, there are people who fall for it.

Mar 24, 2020 08:31 PM

Upvote

1

Eve Alexander

Tampa, FL

Rainmaker
4,358,070

John Pusa

Glendale, CA

Caroline Gerardo I was not aware of it, thanks for the update.

Mar 24, 2020 02:19 PM

Upvote

1

Debe Maxwell, CRS

Charlotte, NC

Rainmaker
789,134

Tony Lewis

Summit Real Estate Group - Valencia, CA

Summit Real Estate Group Valencia & Aliso Viejo

Makes sense to me. Times are changing too fast at this time.

Mar 25, 2020 12:45 PM

Upvote

Rainmaker
922,129

Olga Simoncelli

Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT

CONSULTANT, Real Estate Services & Risk Management

For my personal loans, I never chose to "lock" and pay extra fees. If you have a good sense for the market, you can feel safe with a spot rate.

Mar 25, 2020 07:26 AM

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I would never use Quiken, for 1,000 reasons and then 1,001 is this. No Quicken, No Rocket Mortgage, no discount call centers period.

Jason E. Gordon is a lender you want to work with.
Don't have to take the loan, maybe they don't care? Maybe they are cherry picking that we've heard all about.
everyone should be going local right now. It's the best bet for getting to close.
shop local for a lender. An out of state lender is not the way to go right now.
That is interesting Caroline Gerardo . I don't think I'd sign without a lock myself.
Qicken loans has been reported to have no forebrarance for missed payments. I say avoid Quicken Loans and watch the about face!
Oh, no way in hell! That is insane. Sadly, there are people who fall for it.
Caroline Gerardo I was not aware of it, thanks for the update.
Makes sense to me. Times are changing too fast at this time.
For my personal loans, I never chose to "lock" and pay extra fees. If you have a good sense for the market, you can feel safe with a spot rate.