Quicken Loans

Quicken Loans
Detroit-based Quicken Loans Inc. is the nation’s second largest retail home mortgage lender. The company closed $140 billion of mortgage volume across all 50 states in 2013-2014. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States by J.D. Power for the past five consecutive years, 2010 – 2014, and highest in customer satisfaction among all mortgage servicers in 2014. Quicken Loans was named among the top-30 companies on FORTUNE magazine’s annual “100 Best Companies to Work For” list for the last 12 consecutive years, ranking No. 12 in 2015.

Start of a Trend? Gap Between Owner and Appraiser Home Value Opinions in Quicken Loans Study Widens for Third Month

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.47% lower than homeowners estimated in December • Home values rose 0.65% nationally in December, and posted a 5.35% year-over-year increase, according to the Quicken Loans HVI DETROIT, February 12, 2019 – The average American homeowner thinks their home is appreciating faster than appraisers do. Appraisal values in January were …

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Quicken Loans Study: Less Than Half a Percent Difference Between Owner and Appraiser Opinions of Home Values

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.45% lower than homeowners estimated in December • Home values rose 0.79% nationally in December, and posted a 5.15% year-over-year increase, according to the Quicken Loans HVI DETROIT, January 8, 2018 – The year ended with owner and appraiser perceptions of home values slightly moving in different directions, although the …

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Homeowner Perception and Equity Growth Remain Steady as 2018 Comes to a Close

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.36% lower than homeowners estimated in November • Home values dipped 0.53% nationally in November, but posted a 5.01% year-over-year increase, according to the Quicken Loans HVI DETROIT, December 11, 2018 – The difference between owners’ estimates of home values and appraisal values increased in November, although it was still …

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Owner and Appraiser Opinions Nearing Alignment as Home Value Growth Slows

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.28% lower than homeowners estimated in October • Home values dipped 0.55% nationally in October, but posted a 4.39% year-over-year increase, according to the Quicken Loans HVI DETROIT, November 13, 2018 – October marks the eighth-straight month with less than half a percent difference between appraisals and homeowner estimates. Quicken …

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Quicken Loans Study: Home Value Perceptions Stable as Summer Ends

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.29% lower than homeowners estimated in September • Home values rose 0.35% nationally in September, and posted a 5.69% year-over-year increase, according to the Quicken Loans HVI DETROIT, October 9, 2018 – For the second consecutive month, home value perceptions remained steady with owners barely overvaluing their home – at …

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Owner Perception of Home Values Stay Steady in August

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.28% lower than homeowners estimated in August • Home values rose 1.08% nationally in August, and posted a 5.79% year-over-year increase, according to the Quicken Loans HVI DETROIT, September 11, 2018 – Homeowners’ perception of their homes’ value was consistent from July to August, staying nearly even with how appraisers …

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Quicken Loans Report shows Convergence of Owner and Appraiser Home Value Opinions

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.28% lower than homeowners estimated in July • Home values dipped 0.60% nationally in July, but posted a 4.86% year-over-year increase, according to the Quicken Loans HVI DETROIT, August 14, 2018 – Homeowners and appraisers are agreeing in much of the country as appraisals are more likely to be at …

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Owner and Appraiser Opinions of Home Values Closest to Alignment since 2015

By QLAdmin • Quicken Loans’ National HPPI shows appraised values 0.25% lower than homeowners estimated in June • Home values dipped 0.63% nationally in June, but posted a 4.57% year-over-year increase, according to the Quicken Loans HVI DETROIT, July 10, 2018 – Appraisal values and what homeowners expected them to be are at their closest point since February 2015. The …

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