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Old 10-04-2012, 03:45 PM   #1
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Neesy228's Avatar
Join Date: Apr 2008
Location: PA
Posts: 2,169

Quicken Loans Rate Drop Advantage

We refinanced our house a couple of years ago to a 30 year fixed. Used Quicken Loans and part of the paperwork for that refi included their Rate Drop Advantage program, where they'll cover most of your closing costs if you refi again within 7 years (they quickly stopped offering this little "perk")...Well, now we are able to refi into a 15 year fixed and rates keep falling, so I was going to try to use this program to refi again.

Wondering if anyone had any success getting them to pay for the costs as stated in the program or if anyone had a bad experience with it.

I'm not asking about Quicken Loans themselves -- we've used them and have been happy with the service -- I'm asking about the Rate Drop Advantage.

Thanks in advance
In the end, only three things matter:
How much you loved, how greatly you lived, and how gracefully you let go of the things not meant for you.

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