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Rocket Mortgage | Home Equity Loans Review

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Rocket Mortgage is a financial lender that focuses of providing automated mortgage refinance services.

Launched in 2015, Rocket Mortgage is especially popular with young, first-time home buyers accustomed to quick, fully online transactions.

Despite its automated nature, Rocket Mortgage ensures transaction security by providing 24-hour monitoring and encryption.

How is Rocket Mortgage rated?

Breakdown

Overall Rating: 0 / 5 (N/A)

Rocket Mortgage was launched in 2016. Rocket focuses on speed and efficiency for borrowers who enjoy the DIY approach.

Rocket Mortgage Features

Lender Type
Online Lender
Loan Types Available
Cash-out Refinance
Cash-out Refinance Terms
15-Year Fixed, 30-Year Fixed, 5-Year Adjustable, 7-Year Adjustable, 10-Year Adjustable
Cash-out Refinance Fixed Rates Starting At
3.99%

Rocket Mortgage Qualifications

Loan Qualifications
Property Appraisal
Proof of Employment
Primary Residence
Minimum Credit Score
620

Rocket Mortgage Customer Experience

Site Features & Technology
Online Application

Memberships & Accreditations
Equal Opportunity Lender
Insured by Federal Housing Administration
Nationwide Mortgage Licensing System ID
3030
Nationwide Mortgage Regulatory Actions
4
Trust Pilot Rating
4.7 out of 5
BBB Rating
A+
Date Collected
2019-03-13

Contact & Additional Information

Homepage URL
Company Phone
(800) 979-5133
Headquarters Address
1050 Woodward Ave., Detroit, MI, 48226
Mailing Address
P.O. Box 6577, Carol Stream, IL, 60197
Year Founded
1985

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Customer Comments & Reviews

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N
Nancy
11/28/2020
Do you write a loan for: bankruptcy 1 year ago and a credit score of 650. We have a first mtg. and a second. First mtg. almost paid off.