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New American Funding vs. Quicken Loans Comparison

Compare providers side-by-side, allowing for easy comparison of features, rates, and terms. The comparison tool encourages individuals to thoroughly review all aspects of each service before making a smart financial decision.

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Mortgages

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Mortgages

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Good For
A Variety of Customizable Mortgage Options
Good For
Expert Support Every Step of The Way
Min Credit Score
580
Min Credit Score
620
APR

5.75-6.96%

APR

Loan Type
  • Mortgage Purchase
  • Mortgage Refinance
  • Fixed
  • Adjustable
  • Home Improvement
  • Home Equity Line of Credit
  • FHA
  • VA
  • Jumbo
Loan Type
  • Mortgage Purchase
  • Mortgage Refinance
  • Fixed
  • Adjustable
  • FHA
  • USDA
  • VA
  • Jumbo
Prepayment Fee
None
Prepayment Fee
None
Origination Fee
Undisclosed
Origination Fee
$1,200 on average
Pros
  • Manual underwriting available to evaluate credit
  • One of the few non-bank lenders offering equity lending and reverse mortgages
  • Can participate in the entire process online
  • English and Spanish-speaking loan officers available
Pros
  • Rate Lock
  • Online application process
  • Good reputation for customer satisfaction
  • Pre-approval available
Cons
  • cons Not available in Hawaii or New York
  • cons Doesn’t work with down payment assistance programs in all states
Cons
  • cons Fees could potentially be high
  • cons No physical branches available
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