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Related Questions
Does Rocket Mortgage offer customer support? Yes, Rocket Mortgage offers customer support through phone, email, and online chat. The company also has a library of educational resources and a team of licensed mortgage professionals who can help borrowers throughout the application and loan process.
Is Rocket Mortgage a legit company? Yes, Rocket Mortgage is a legitimate and reputable company that is owned by Quicken Loans, which is the largest mortgage lender in the United States. The company has been in business for over 30 years and has a proven track record of providing excellent service.
How long does it take to get a mortgage with Rocket Mortgage? The time it takes to get a mortgage with Rocket Mortgage varies depending on the complexity of the loan and the responsiveness of the borrower. However, the company typically closes loans in 30 days or less.
Is Rocket Mortgage a good choice for first-time homebuyers? Yes, Rocket Mortgage can be a good choice for first-time homebuyers because of its convenient online platform and fast turnaround times. The company also offers educational resources and tools to help borrowers make informed decisions about their mortgage options.
What are the fees associated with Rocket Mortgage? Rocket Mortgage charges closing costs and other fees that are typical of mortgage lenders. These fees vary depending on the loan type, loan amount, and other factors. However, the company is upfront about its fees and provides borrowers with a detailed breakdown of the costs.
What types of loans does Rocket Mortgage offer? Rocket Mortgage offers a variety of loan products, including conventional, FHA, VA, and jumbo loans. The company also offers refinancing options, including rate-and-term refinancing and cash-out refinancing.
What is Rocket Mortgage? Rocket Mortgage is a digital mortgage lender that was launched by Quicken Loans in 2015. It provides a completely online mortgage application process that simplifies and streamlines the home buying and refinancing experience.
Does Rocket Mortgage have any eligibility requirements? Yes, Rocket Mortgage has eligibility requirements that borrowers must meet to qualify for a loan. These requirements include a minimum credit score, a minimum down payment, and a minimum income level. The company also requires borrowers to provide documentation of their income, assets, and employment history.
How does Rocket Mortgage work? Rocket Mortgage works by allowing borrowers to apply for a mortgage entirely online. The application process is quick and easy, and the company uses advanced technology to verify income, assets, and credit history. Borrowers can upload important documents, e-sign forms, and track the progress of their application from their computer or mobile device.
What are the interest rates with Rocket Mortgage? Interest rates with Rocket Mortgage vary depending on the borrower's credit score, loan type, and other factors. However, the company offers competitive rates that are on par with other mortgage lenders.