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...
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 ...
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...
Through a VA streamline refinance, active service members, veterans, and qualified surviving spouses can refinance their existing VA loans for: A lower interest rates and get reduced monthly payments A shortened or lengthened loan term Or a shift from an adjustable-rate mortgage to a fixed-rate ...
Rocket Companies (NYSE: RKT) is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk, and Edison Financial. Since 1985, Roc...