Q. Why is Schwab Bank offering home loans with another lender?
Schwab Bank has established a home lending program from Quicken Loans as part of its commitment to provide Schwab clients a great home lending experience, Schwab Bank chose Quicken Loans due to its proven ability to deliver industry-leading service, technology and support for people seeking home loans.
Q. What is Quicken Loans' track record?
With over 25 years of experience, Quicken Loans is the nation’s largest online retail mortgage lender1.
Q. What types of home loans are available?
Schwab Bank will continue to offer a wide range of mortgage products through Quicken Loans for refinancing or purchasing needs. The mortgage loan options include conforming and jumbo loans, FHA and VA mortgages and flexible fixed-term loans ranging from 8 to 30 years.
Q: Are there special benefits for Schwab clients who obtain a loan through Quicken Loans?
Through this new program, we are able to offer our clients a number of great benefits:
1. Source: National Mortgage News, second quarter 2013 report, based on total originations.
© 2014 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. (1212-8268)