Heather K.
Heather K.
Member since June 2019

Reviews (1)


    • Jun 12, 2019
    • Verified Reviewer

    Rocket Mortgage

    Started off well, ended badly

    Overall Experience:

    The process with Quicken started off well but did not end on a good note. Our representative was communicative and friendly. He talked us into "re-casting" our loan which basically means you don't have to put 20% down right away to keep more of your cash liquid. Then, once the sale of our previous property went through we could put down the rest and all we had to pay was a $100 re-cast fee. Well, imagine our surprise when we went to pay off our PMI today and was told we must make 2 mortgage payments with PMI until we are eligible to re-cast. Ahhh of course, the hidden terms no one discussed with us. We were able to put down 20% at any time but were talked into re-casting. I am disgusted with the sneaky salesmen tactics we received when procuring a loan from here - buyer beware.

    Bottom Line: No, I would not recommend this to a friend

    7 people found it helpful

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