There are no adjustable loans available in the YOURgage program, although Quicken Loans does offer other adjustable loans. YOURgage loans are restricted to fixed-rate loans. Quicken is not the only lender that offers this kind of customized mortgage loan, but it is the most high-profile. YOURgage can help you, if you want to have your loan paid off by the time you retire or when you need to start paying for college for your children. Customize Your Loan to Your Life's Needs- You may want to pay off your loan, before your income drops or before you take on another major expense.Customize Your Loan Payment- With YOURgage, you have the ability to determine how much you want to pay each month and then select the loan term that matches your desired monthly payment.You can take advantage of the low rates without restarting the clock on another 30 year mortgage. For example, if you have a 22 years left on your 30-year loan, you can choose a new 22-year loan to take refinance you current mortgage. Customize Your Loan Term- YOURgage offers you the flexibility to refinance without resetting the term of your loan.Instead of trying to fit you into a one-size-fits-most box, YOURgage allows you to adjust your loan to your individual needs and goals. Quicken Loans' YOURgage, instead, allows you to set the term of your loan to any length between 8 years and 30 years. Most lenders are trying to fit you into one of these boxes. 30-year fixed loans and 15-year fixed loans are, by far, the most common options. Normally, when you shop for a mortgage you have a limited menu to choose from. comparison shop to find the best loan you can. Contact one of 's pre-screened mortgage providers for a free, no-hassle mortgage quote.
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