Finally, once Rocket Mortgage officially approves your loan application, you’ll be cleared to close on your home. Rocket Mortgage offers e-closings in all 50 states, which helps to streamline the process. Rocket Mortgage Rates and Fees One of the most important considerations when choosing a...
Home equity:Rocket Mortgage does not require a minimum amount of home equity for refinancing, but borrowers with less than 20% equity will need PMI. Home appraisal: A complete appraisal is necessary for most refinancing, except VA Streamline, FHA Streamline and some Freddie Mac and Fannie Mae ...