Quicken Loans and FHA. â02-05-2012 06:14 AM. I've read for hours and find Quicken Loans are fast to accept relatively low credit scores and easily accept 3.5% down payment in areas where many here are having a really hard time with banks.02-05-2012 09:42 AM. I have read bad posts about quicken, so I'd use the search box here and put in Quicken Loans and see what you can come up with. I'm pretty sure they make you pay a substantial amount to just get the ball rolling, that is nonrefundanble. i wouldn't use them, personally, based on posts I've read.