Rate lock fees: Rocket Mortgage won't charge to lock your rate for up to 45 days. It also offers a 15-day rate extension for 0.25 points ($250 per $100,000 borrowed). Borrowers are allowed up to ...
According to the Consumer Financial Protection Bureau, Rocket Homes, one of the largest mortgage lenders in the ... block competition in ways that drive up the cost of housing." ...
Reported average time to close is 15 days faster than industry average. FHA and VA loans make up 40% of Rocket Mortgage’s total loan volume. Borrowers can apply via mobile app.
We detail each category's score for Rocket Mortgage below. Offers a 1% down mortgage called One+ that provides a grant of 2% of the home's purchase price toward the down payment, up to $2,000.