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Quicken Loans / Rocket Mortgage

Rocket Mortgage

4.5
(32,400 reviews)

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Loan Details at a Glance

APR Range

6.25% - 9%

Loan Amount

$100K - $2500K

Loan Terms

10 - 30 years

Min. Credit Score

580

Overview

Rocket Mortgage is the nation's largest mortgage lender, offering a smooth online experience with excellent customer service.

Best for: First-time homebuyers who want strong customer support

Pros & Cons

Pros

  • User-friendly platform
  • Many loan options
  • Strong customer service
  • Fast pre-approval

Cons

  • Slightly higher rates
  • Origination fees apply
  • Not available in all states

Key Features

  • Fully online application
  • Award-winning platform
  • 24/7 customer support
  • Wide variety of loan types
  • Fast closing times

Common Uses

Home purchase
Refinance
Cash-out refinance

Frequently Asked Questions

Ready to Apply?

Soft credit check
No impact on credit score
30-45 days

Checking rates won't affect your credit score

Loan Terms

Origination Fee:0.5-1%
Prepayment Penalty:None
Collateral:Property being purchased
Funding Speed:30-45 days