![]() Please appreciate that there may be other options available to you than the products, providers or services covered by our service. compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. ![]() Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Right now, over half a million of Americans are experiencing homelessness. We may also receive compensation if you click on certain links posted on our site. From Experiencing Homelessness To Being Home. We may receive compensation from our partners for placement of their products or services. While we are independent, the offers that appear on this site are from companies from which receives compensation. The company generates loan production from web centers located in Detroit, Cleveland and Phoenix. Rocket Companies, Rocket Mortgage's parent company, ranked #7 on Fortune's list of the "100 Best Companies to Work For" in 2022 and has placed in the top third of the list for 19 consecutive years.įor more information and company news visit / is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Rocket Mortgage moved its headquarters to downtown Detroit in 2010. Rocket Mortgage closed $351 billion dollars of mortgage volume across all 50 states in 2021. ![]() In late 2015, it introduced the first fully digital, completely online mortgage experience. Mortgage brokers can learn about the program at or they can talk to their account executive.ĭetroit-based Rocket Mortgage, the nation's largest home mortgage lender and part of Rocket Companies (NYSE: RKT), enables the American Dream of homeownership and financial freedom through its obsession with an industry-leading, digital-driven client experience. ![]() Homebuyers can go to to learn more and apply for a home loan. ROCKET MORTGAGE PROThe company is also extending the offer to mortgage brokers' clients through Rocket Pro TPO, with funding coming from the real estate agent or home seller. This lower payment will be automatically provided to any Rocket Mortgage clients who apply for a conventional, FHA or VA purchase loan. Rocket Mortgage is giving homebuyers more flexibility in their payment for the first year – a time when they are usually buying new furniture, décor, making improvements or customizing the home to fit their style. The homeowner in this illustration would save a total of $2,972.40 in the first year of their loan. With Rocket Mortgage's Inflation Buster lowering the client's payment by one percentage point for the first year, however, their payment would drop more than 10% to $2,086.59. Combined, these put buyers in the driver's seat with unmatched benefits."Īs an example, a homebuyer with a $400,000, 30-year fixed mortgage with 5.75% interest would traditionally pay $2,334.29 in principal and interest. ![]() "The Inflation Buster pairs perfectly with Rate Drop Advantage program which covers many of the costs to refinance when interest rates fall. "Rocket Mortgage is committed to creating solutions to combat today's high inflation, making home purchases more affordable," said Bob Walters, CEO of Rocket Mortgage. ![]()
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