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 ...
FHA Streamline: A refi program designed specifically to help existing FHA homeowners access today’s mortgage rates without much hassle VA IRRRL: This loan can refinance an existing VA loan into a new VA loan at a lower rate with low fees ...
FHA Streamline Customer Experience While you’ve almost certainly heard of Rocket Mortgage before, it was probably as a product or platform, not as an entire company. Well, in 2021, Quicken Loans officially rebranded themselves completely as Rocket Mortgage as part of a company-wide effort to ...
Rocket Mortgage® offers loans with different requirements to meet the needs of most borrowers. If your credit score is in the 580-620 range, you might qualify for an FHA loan from Rocket Mortgage®. For a conventional mortg...