Quicken Loans Mortgage Rates, Fees & Info
PLYMOUTH, MILEI: 549300FGXN1K3HLB1R50
Tax ID: 38-2603955
3.6 stars
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out of 5 stars, based on 681 reviews
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Quicken Loans is a large mortgage company specializing in Cash Out Refi and Home Purchase loans. Quicken Loans has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, New York, Atlanta, Phoenix, and Washington among others. We have data for 928 markets. (Some data included below & more in-depth data is available with an active subscription.)Quicken Loans has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Quicken Loans is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.59% | 5/28/23 |
| 30 Year Conventional Purchase | 6.54% | 5/28/23 |
| 30 Year Conventional Refi | 6.36% | 5/28/23 |
| 30 Year Cash-out Refi | 6.66% | 5/28/23 |
| 30 Year FHA Purchase | 7.01% | 5/28/23 |
| 30 Year FHA Refi | 6.66% | 5/28/23 |
| 30 Year VA Purchase | 5.98% | 5/28/23 |
| 30 Year VA Refi | 5.60% | 5/28/23 |
| 30 Year USDA Purchase | 6.27% | 5/28/23 |
| 30 Year USDA Refi | 6.27% | 5/28/23 |
| 15 Year Conventional Purchase | 6.06% | 5/28/23 |
| 15 Year Conventional Refi | 6.04% | 5/28/23 |
| 15 Year Cash-out Refi | 6.04% | 5/28/23 |
| 15 Year FHA Purchase | 6.80% | 5/28/23 |
| 15 Year FHA Refi | 6.66% | 5/28/23 |
| 15 Year VA Purchase | 5.88% | 5/28/23 |
| 15 Year VA Refi | 5.75% | 5/28/23 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Quicken Loans Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Quicken Loans. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
464,363Origination Dollar Volume (All Markets)
$127,577,235,000Awards
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QUICKEN LOANS - 2022
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For 2022, less than of lenders were eligible for this award.
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Relative Rate
Quicken Loans's average 30 year fixed mortgage rate was
4.7%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.06%.
Relative Fees (Closing Costs)
Quicken Loans's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,082.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 13,738 | $7,248,100,000 | $527,595 | $9,228 | 4.40% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 14,743 | $5,253,655,000 | $356,349 | $9,574 | 4.47% |
| Outside of Metro Areas | 23,127 | $4,330,675,000 | $187,256 | $6,799 | 4.58% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 15,120 | $4,081,770,000 | $269,958 | $7,792 | 4.58% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 11,608 | $3,725,610,000 | $320,952 | $7,848 | 4.46% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 9,194 | $3,472,880,000 | $377,733 | $8,863 | 4.50% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 8,817 | $3,380,715,000 | $383,431 | $8,929 | 4.40% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 10,617 | $3,165,325,000 | $298,137 | $6,756 | 4.75% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 5,645 | $3,141,055,000 | $556,431 | $8,329 | 4.32% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 13,745 | $2,912,725,000 | $211,912 | $5,469 | 4.69% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8,007 | $2,438,915,000 | $304,598 | $8,567 | 4.51% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 9,124 | $2,382,610,000 | $261,137 | $6,788 | 4.71% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4,245 | $2,218,995,000 | $522,731 | $9,306 | 4.28% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4,880 | $2,124,210,000 | $435,289 | $8,647 | 4.47% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 8,704 | $2,047,430,000 | $235,229 | $7,277 | 4.65% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 8,171 | $2,019,445,000 | $247,148 | $7,845 | 4.60% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 4,937 | $1,964,135,000 | $397,840 | $7,763 | 4.60% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4,908 | $1,925,860,000 | $392,392 | $7,430 | 4.45% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 7,038 | $1,870,880,000 | $265,826 | $8,183 | 4.55% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6,731 | $1,811,525,000 | $269,132 | $7,401 | 4.56% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 4,210 | $1,517,680,000 | $360,494 | $8,486 | 4.50% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4,992 | $1,398,220,000 | $280,092 | $8,166 | 4.50% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 4,344 | $1,323,010,000 | $304,560 | $8,620 | 4.49% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 4,200 | $1,218,060,000 | $290,014 | $7,653 | 4.49% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3,926 | $1,142,950,000 | $291,123 | $8,444 | 4.57% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1,887 | $1,138,205,000 | $603,182 | $6,747 | 4.27% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3,317 | $1,136,615,000 | $342,664 | $7,335 | 4.60% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3,676 | $1,002,580,000 | $272,737 | $8,387 | 4.48% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3,105 | $944,255,000 | $304,108 | $7,192 | 4.47% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2,654 | $939,670,000 | $354,058 | $8,818 | 4.41% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3,394 | $896,210,000 | $264,057 | $7,394 | 4.54% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3,235 | $844,075,000 | $260,920 | $7,029 | 4.75% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2,823 | $709,125,000 | $251,196 | $8,143 | 4.51% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3,342 | $686,570,000 | $205,437 | $6,676 | 4.68% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 3,447 | $633,325,000 | $183,732 | $6,840 | 4.64% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1,718 | $627,180,000 | $365,064 | $8,089 | 4.48% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2,881 | $609,875,000 | $211,689 | $6,625 | 4.62% |
| COLUMBUS, OH (FHA|USDA|VA) | 2,780 | $598,720,000 | $215,367 | $7,501 | 4.72% |
| RICHMOND, VA (FHA|USDA|VA) | 2,384 | $595,980,000 | $249,992 | $7,524 | 4.67% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1,165 | $588,805,000 | $505,412 | $8,918 | 4.40% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2,078 | $565,250,000 | $272,016 | $8,135 | 4.48% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1,946 | $557,290,000 | $286,377 | $8,287 | 4.48% |
| STOCKTON, CA (FHA|USDA|VA) | 1,426 | $552,260,000 | $387,279 | $7,766 | 4.39% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2,797 | $546,485,000 | $195,383 | $7,021 | 4.65% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2,636 | $519,810,000 | $197,197 | $6,636 | 4.63% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2,804 | $498,910,000 | $177,928 | $6,898 | 4.66% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2,186 | $477,510,000 | $218,440 | $7,490 | 4.66% |
| FRESNO, CA (FHA|USDA|VA) | 1,582 | $468,360,000 | $296,056 | $7,910 | 4.46% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1,661 | $466,995,000 | $281,153 | $8,369 | 4.44% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1,870 | $454,710,000 | $243,160 | $7,279 | 4.61% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1,654 | $449,550,000 | $271,796 | $8,378 | 4.55% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1,309 | $440,855,000 | $336,788 | $8,335 | 4.53% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1,942 | $435,160,000 | $224,078 | $7,115 | 4.61% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1,813 | $432,455,000 | $238,530 | $7,815 | 4.58% |
| TUCSON, AZ (FHA|USDA|VA) | 1,725 | $413,805,000 | $239,887 | $7,485 | 4.46% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1,509 | $411,675,000 | $272,813 | $7,948 | 4.43% |
| VALLEJO, CA (FHA|USDA|VA) | 976 | $403,770,000 | $413,699 | $9,490 | 4.42% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1,567 | $397,285,000 | $253,532 | $7,977 | 4.51% |
| BOISE CITY, ID (FHA|USDA|VA) | 1,279 | $391,265,000 | $305,915 | $8,530 | 4.47% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1,672 | $390,830,000 | $233,750 | $8,151 | 4.53% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1,575 | $370,525,000 | $235,254 | $7,673 | 4.60% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1,567 | $363,305,000 | $231,847 | $7,317 | 4.63% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1,571 | $360,695,000 | $229,596 | $7,688 | 4.46% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1,098 | $358,450,000 | $326,457 | $8,532 | 4.52% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1,745 | $355,875,000 | $203,940 | $6,366 | 4.61% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1,756 | $355,750,000 | $202,591 | $7,586 | 4.51% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 971 | $342,175,000 | $352,394 | $9,347 | 4.59% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1,244 | $336,120,000 | $270,193 | $7,759 | 4.63% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1,271 | $331,975,000 | $261,192 | $8,482 | 4.57% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1,604 | $328,720,000 | $204,938 | $6,937 | 4.50% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1,172 | $324,710,000 | $277,056 | $8,702 | 4.46% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 605 | $314,635,000 | $520,058 | $12,871 | 4.32% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1,757 | $311,875,000 | $177,504 | $6,951 | 4.51% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1,146 | $311,590,000 | $271,894 | $6,973 | 4.48% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1,434 | $308,560,000 | $215,174 | $7,518 | 4.68% |
| PROVO-OREM, UT (FHA|USDA|VA) | 820 | $308,130,000 | $375,768 | $8,142 | 4.49% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1,285 | $285,745,000 | $222,370 | $7,782 | 4.57% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1,352 | $285,510,000 | $211,176 | $6,537 | 4.65% |
| MODESTO, CA (FHA|USDA|VA) | 882 | $284,640,000 | $322,721 | $8,177 | 4.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 1,363 | $283,385,000 | $207,913 | $7,068 | 4.50% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1,222 | $281,150,000 | $230,074 | $7,782 | 4.50% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1,344 | $279,130,000 | $207,686 | $7,105 | 4.64% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1,103 | $277,845,000 | $251,899 | $7,173 | 4.72% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 584 | $273,780,000 | $468,801 | $8,304 | 4.40% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1,340 | $271,850,000 | $202,873 | $6,659 | 4.59% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1,139 | $269,605,000 | $236,703 | $7,732 | 4.63% |
| RENO, NV (FHA|USDA|VA) | 803 | $269,315,000 | $335,386 | $8,528 | 4.34% |
| SAVANNAH, GA (FHA|USDA|VA) | 1,052 | $266,760,000 | $253,574 | $7,365 | 4.61% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 957 | $265,125,000 | $277,038 | $7,981 | 4.48% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1,111 | $261,725,000 | $235,576 | $7,805 | 4.64% |
| TULSA, OK (FHA|USDA|VA) | 1,302 | $255,420,000 | $196,175 | $7,591 | 4.56% |
| ASHEVILLE, NC (FHA|USDA|VA) | 886 | $243,880,000 | $275,260 | $7,858 | 4.52% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1,144 | $242,610,000 | $212,072 | $7,415 | 4.55% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 671 | $237,885,000 | $354,523 | $8,832 | 4.48% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1,036 | $225,080,000 | $217,259 | $7,270 | 4.62% |
| GREELEY, CO (FHA|USDA|VA) | 628 | $223,840,000 | $356,433 | $8,585 | 4.55% |
| OCALA, FL (FHA|USDA|VA) | 1,083 | $219,535,000 | $202,710 | $7,381 | 4.59% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 858 | $216,690,000 | $252,552 | $7,664 | 4.44% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1,084 | $215,890,000 | $199,161 | $6,778 | 4.62% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1,017 | $208,705,000 | $205,216 | $6,505 | 4.57% |
| SALINAS, CA (FHA|USDA|VA) | 449 | $206,985,000 | $460,991 | $10,166 | 4.27% |
| AKRON, OH (FHA|USDA|VA) | 1,139 | $197,825,000 | $173,683 | $6,656 | 4.67% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 669 | $194,935,000 | $291,383 | $8,258 | 4.50% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 999 | $194,215,000 | $194,409 | $7,513 | 4.59% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 913 | $188,945,000 | $206,950 | $7,662 | 4.47% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 691 | $186,035,000 | $269,226 | $8,254 | 4.52% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 990 | $184,360,000 | $186,222 | $6,811 | 4.54% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 602 | $180,270,000 | $299,452 | $9,261 | 4.43% |
| SALEM, OR (FHA|USDA|VA) | 596 | $177,880,000 | $298,456 | $8,864 | 4.34% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 730 | $177,140,000 | $242,658 | $7,703 | 4.47% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 418 | $175,780,000 | $420,526 | $9,164 | 4.36% |
| ROCHESTER, NY (FHA|USDA|VA) | 1,070 | $175,280,000 | $163,813 | $6,614 | 4.53% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 464 | $171,560,000 | $369,741 | $8,919 | 4.45% |
| BOULDER, CO (FHA|USDA|VA) | 394 | $171,300,000 | $434,772 | $7,995 | 4.44% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 853 | $170,255,000 | $199,596 | $7,290 | 4.65% |
| ANN ARBOR, MI (FHA|USDA|VA) | 687 | $169,885,000 | $247,285 | $6,114 | 4.66% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 756 | $169,360,000 | $224,021 | $7,770 | 4.53% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 963 | $168,085,000 | $174,543 | $5,880 | 4.64% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 985 | $167,795,000 | $170,350 | $7,057 | 4.64% |
| FORT COLLINS, CO (FHA|USDA|VA) |