Doesn’t offer USDA loans or HELOCs: Rocket Mortgage is missing some popular loan types, including USDA loans and home equity lines of credit (HELOCs). Above-average interest rates: Rocket Mortgage’s posted interest rates for fixed-rate 30-year loans are higher than the current average rates...
Rocket Mortgage offers home loans in all 50 states and Washington, D.C., including conventional, jumbo, FHA and VA loans. It does not issue USDA mortgages. Fixed-rate: With a fixed-rate mortgage, borrowers have the same rate for the life of the loan. Rocket offers 30-year and 15-year...
But the Rocket Visa Signature only lets you take advantage of the down payment redemption option if you're getting a mortgage loan from Rocket Mortgage. Rocket Mortgage Refinance Learn More Annual Percentage Rate (APR) Apply online for personalized rates Types of loans Conventional, FHA, VA, ...
different from other mainstream lenders. Your income, assets, credit report, and existing debt repayments will all help determine whether you’d qualify for a mortgage loan. You can expect to need a credit score of at least 620 for a conventional loan and 580 for an FHA or VA mortgage. ...
That said, Rocket Mortgage isn't perfect for everyone. If you need a construction loan, for example, that's something Rocket Mortgage doesn't offer. Yes. Refinance rates and fees are very competitive, and customer service is top notch. ...