![quicken loan rates quicken loan rates](https://4uc.org/gmcl/430/9770440/download/images/gmz9440x23044z7332012.png)
You must fully meet credit and underwriting requirements at the time of refinancing to qualify. Any additional closing costs are the responsibility of the borrower.
![quicken loan rates quicken loan rates](http://www.bankaim.com/wp-content/uploads/2012/10/Picture-141.png)
The Quicken Loans Rate Drop Advantage covers all closing costs listed above. Refinancing your current mortgage loan can help you accomplish a number of different goals: Simply close a loan, and if you decide to refinance again in the next seven years for any reason, Quicken Loans will pay: If you refinance now and mortgage interest rates drop further within the next seven years, Quicken Loans will pay for most of your closing costs. Quicken Loans wants to help you get the most affordable home loan possible now and still be able to take advantage of any rate drops in the future, which is why they offer the Quicken Loans Rate Drop Advantage. That’s why when you are looking for a lender to refinance your mortgage, Quicken Loans rates are very competitive and choosing Quicken Loans will ensure you are guided to the best possible decision to save you money today and tomorrow. However, even though average home loan rates are near record lows, not every lender offers competitive interest rates. With today’s mortgage rates, many homeowners are refinancing their mortgages to save on monthly payments or pay off their homes faster.