Rocket Mortgage by Quicken Loans
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Consumers Experiences at Rocket Mortgages
Rocket Mortgage offers a truly comprehensive selection of fixed and adjustable-rate mortgages including conventional, government-backed, conforming, and non-conforming loans, as well as a build-your-own option that allows borrowers to select loan terms spanning anywhere from eight to thirty years. Although they don’t seem to offer prequalification, applicants can get pre-approved in as little as minutes and obtain loans for up to $1,500,000.
The Different Types of Mortgage Loans Offered
- Fixed Rate 15 Year
- Fixed Rate 30 Year
- 5/1 ARM
- 7/1 ARM
- 10/1 ARM
- Jumbo Fixed Rate
- VA Fixed Rate
- VA Adjustable Rate
- FHA Fixed Rate
- FHA Adjustable Rate
- USDA Loan
Overall Review of Rocket Mortgage
Rocket Mortgage by Quicken Loans offers an ideal solution for people on the go. Their site and mobile app provide a simple, intuitive application that can generate the prospective borrower’s employment details from personally identifying information such as their Social Security number and date of birth. To top it all off, applicants can complete the entire loan process online, without ever having to meet anyone in the flesh. The company states pre-approval can be obtained in as little as minutes, yet the cost of such a convenient service is likely included in the closing fees. Rocket Mortgage ranks highly with us for their excellent customer support and streamlined application, but prospective borrowers are still advised to inform themselves about the loan products they are interested in and not to take their decision lightly.
Rocket Mortgages Other Customer Experiences
ROCKET MORTGAGE FROM QUICKEN LOANS SOME QUALIFICATIONS AND REQUIREMENTS
|Minimum FICO Score||
|Minimum Down Payment||
|Non-Traditional Credit History Considered?||
ROCKET MORTGAGE BY QUICKEN LOANS PROFILE
1050 Woodward Avenue, Detroit, MI, 48226