rocket mortgage reviews
If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. My banker did not follow through and at closing I had to work with a specialist who recommended I close my loan and request to have that payment removed afterwards, which I did. Rocket Mortgage offers a full range of mortgage, refinancing, and home equity loan options that include government-backed loans, rivaling that of a traditional bank. NerdWallet strives to keep its information accurate and up to date. In addition to the usual 15-year and 30-year fixed rate mortgages, they also offer 20-year and 25-year fixed rate mortgages, as well as â¦ I was quoted a 2.75% loan rate but was Not told that it had been a real 2.9% rate that would cost me $1,750 in debt to buy down to the 2.75% rate! rocketmort gage.com. Years in the industry. Rocket Mortgage is one of the top lenders in the home loan space. Review: Rocket Mortgage (Quicken Loans) NMLS ID# 3030. This is a bad practice they use to up all the fees and rates, I finally was given the estimate sheet that showed it all, most likely should have demanded this first but it's all part of the pressure ploy used online to bait people in. An overall great experience. Also, some lenders have increased their fees or temporarily suspended certain loan products. Closing of refinance on December 28th 1:30 pm. For rates customized to your situation, create a Rocket Mortgage account and provide some information to get a personalized rate, but remember, viewing those rates may involve a hard credit inquiry. Rocket Mortgage is efficient and transparent about requirements and what to expect when getting your VA loan. We're available to chat Monday â Friday , from 9:00 a.m. â 11:00 p.m. How are ratings calculated? I would strongly recommend Quicken. Copyright © 2020 Consumers Unified LLC. Rocket Mortgage offers 24/7 online mortgage and refinancing services. One of the most important considerations when choosing a mortgage lender is understanding what the loan will cost. Grant Sabatier. Rocket Mortgage is a product of Quicken Loans and a leading online mortgage platform, offering a wide selection of purchase and refinance loan options. 5 star 2% 4 star 1% 3 star 2% 2 star 9% 1 star 87% Rocket Mortgage. Thank you for your review. Chris ** was our mortgage banker for this refinance, as he was very professional and responsive. Better.com offers 3% down payments on conventional loans. Rocket Mortgage review: Service There are many other mortgage companies that promise an easy and convenient way to receive a mortgage loan, including Guaranteed Rate Mortgage, GetMyLender.com, LendGo, and many others. How do I know I can trust these reviews about Rocket Mortgage? Rocket Mortgage Overview. Rocket Mortgage › Customer reviews; Customer reviews. The lender offers a broad selection of purchase and refinance loan options, and a … Rocket Mortgage launched in 2015 as the face of Quicken Loans’ online mortgage application. The Quicken refi process was simple, quick & professional. Because Rocket Mortgage serves as a digital bridge to Quicken Loans, the rates and fees you see quoted within Rocket are determined by the lender, Quicken Loans. 2,714 people have already reviewed Rocket Mortgage. They took a long time to respond and my questions weren't clearly answered. One of the worst companies to do business with. This was the quickest, easiest and smooth refinance ever! Rocket Mortgage by Quicken Loans: NMLS#3030, 620VA:640FHA:640Conventional:620Jumbo:N/AUSDA:640. NerdWallet's ratings are determined by our editorial team. Now find out what else Rocket Mortgage has to offer besides an all-digital lending experience. This is the Rocket Mortgage company profile. The median home price in 2017 was $188,900. The loan comes with a fixed mortgage rate and requires a minimum 3% down payment and 620 credit score. 1.2 out of 5. Quicken Loans offers conventional mortgages with as little as 3% down. from Credit Karma members. How to apply. Quicken Loans hopes to disrupt the mortgage market with their new Rocket Mortgage. Rocket Mortgage by Quicken Loans is a leading online mortgage lender. This time I was greeted by Dimitry and she was much more pleasant and helpful. It went faster than I thought. Information is provided by the mortgage lender. Rocket Mortgage by Quicken Loans is a fast, powerful and completely online way to get a mortgage for refinancing or buying a home. As of November 2020, Rocket Mortgage has a 3.4 out of 5 star rating from Trustpilot based on more than 2,500 reviews. Rocket Mortgage › Customer reviews; Customer reviews. The loan comes with a fixed mortgage rate and requires a minimum 3% down payment and 620 credit score. I highly recommend Rocket Mortgage to anyone looking to refinance! Write a review Write a review Reviews 1,604 Write a review. Rocket Mortgage Reviews Applying for a home equity loan is similar but easier than applying for a new mortgage. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team. Very easy with website clearly laid out on what I was to provide and the progress being made to close the loan. The closing was quick and very convenient. 1 Rocket Mortgage reviews. Rocket Mortgage Review for 2021. One thing held it up, establishing employment at the end of the process after all docs had been submitted and we had received the closing date. Overall my experience was good. 136 global ratings. Thank you so much for helping me. Again, Rocket Mortgage was great, Amrock not so much. Rocket Mortgage Reviews 1,604 • Great . Some of the questions include: Once you’ve entered this information, Rocket Mortgage asks for your name and email address. and mortgage rates. In fact, Quicken Loans is now considered to be the largest retail mortgage lenders in the United States. The online and app tools are easy to access and use. The submission of the required documents was easy by uploading them online. The closing was also quick and easy. Review: Rocket Mortgage (Quicken Loans) NMLS ID# 3030. Fixed-rate mortgages are available in 15 or 30 year repayment periods. 3%Quicken Loans offers conventional mortgages with as little as 3% down. Customize your options by changing the term, the money due at closing or your interest rate — or compare. If I had to do it again I would do it the same. Rocket Mortgage is available to U.S. citizens in all 50 states. I have recommended three family members. 5 star 2% 4 star 1% 3 star 2% 2 star 9% 1 star 87% Rocket Mortgage. When evaluating offers, please review the financial institution’s Terms and Conditions. Read about their experiences and share your own! Log in to write a review. I sincerely apologize for the difficulties you experienced. I would recommend their service to all my family and friends. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. by Quicken Loans Inc. Write a review… Overall lender rating. The mortgage application process. Quicken Loans, the lender behind Rocket Mortgage, earns 2 of 5 stars on this factor. Rocket Mortgage has been rated by Trustpilot, which aggregates user reviews, as a 4.1 stars out of 5. Between a highly functional website and effective mobile apps, Rocket Mortgage makes it easy to keep coming back and checking up on real time APR rates until you find the exact deal you want. Very efficient and polite representative. Thank you so much for the opportunity to refinance our home so quickly! Years in the industry. I had a great experience with Danny. Rocket Mortgage offers more options for FHA loans than most companies, which allows consumers to select the loan term that best fits their needs. A mortgage is the most complex â and the biggest â loan many of us will ever need. Due to the coronavirus pandemic, getting a mortgage may be a bit of a challenge. Rocket Mortgage is an online mortgage provider that’s part of the Quicken Loans family. Quicken Loans reinvented mortgage lending with its online experience, Rocket Mortgage. Rocket Mortgage Review: What Consumers Say. They texted me to inform of Doc's needed if I failed to check my Account Dashboard timely. Rocket Mortgage is rated by Trust Pilot, which collects user reviews, as 4.1 out of 5 stars. Write a review. I couldn’t believe the user-friendly application process. Rocket Mortgage repayment terms vary, and borrowers have a range of loan options. And if you ever get stuck or have a question, our licensed experts are here to help along the way. All Rights Reserved. updated: August 7, 2020. If you’re not sure which mortgage or refinancing type is right for you, you can reach out to one of Rocket Mortgage’s home loan experts, who are available to assist you 24/7. I am pleased. So I decided to shop around a little bit and was ready to move forward with another lender and then rates were beginning to dip so I thought I would reach out once more to Quicken. Power 2010 – 2020 (tied in 2017) Primary Mortgage Origination and 2014 – 2020 Primary Mortgage Servicer Studies of customers’ satisfaction with their mortgage sales experience and mortgage … I highly recommend Quicken! We believe everyone should be able to make financial decisions with confidence. Deciding whether to pay higher upfront fees is a matter of considering how long you plan to live in your home and how much cash you have to apply toward, For rates customized to your situation, create a Rocket Mortgage account and provide some information to get a personalized rate, but remember, viewing those rates may involve a, For more information on the loan process behind the scenes, see NerdWallet's, Get started with Rocket Mortgage by Quicken Loans. Some lenders will charge higher upfront fees to lower their advertised interest rate and make it more attractive. It feels casual. It covers all 50 states and the Virgin Islands. A lender's offered mortgage rates compared with the best available on comparable loans. 139 global ratings. 1 Minute Review. I finally relented and allowed credit to be pulled. Write a review. Rocket Mortgage Reviews I wanted to know what real people thought of Rocket Mortgage, so I visited Reddit to see the many responses left there. It is not available to those in Puerto Rico, or anywhere else outside the U.S. by Quicken Loans Inc. Write a review… Advertiser disclosure. It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers. Cameron did an awesome job working with us and making sure we understood the various options. It was a minimal fee and not doing a. Ew escrow analysis is only a minor inconvenience since I now have only about $8 a month going to escrow for nothing but it could have been solved earlier in my opinion. Also it said order number. Rocket will show you an actual mortgage rate based on your credit qualifications and can lock in that rate if you want. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. That said, it is suggested that you will need between 2% and 5% of the purchase price for closing costs â even for no-down-payment loans, such as VA loans. Thank you! Highly recommend using Rocket/Quicken. You provide the usual contact information to sign in. You can discover what actual customers are saying about them before you choose to do business with them. Rocket Mortgage Review 2021. It was wonderful solving the problem without going to a lawyer's office. The closing was just as easy. Rocket Mortgage Company is a subsidiary of one of the countryâs largest lenders â Quicken Loans. My wife and I have decided to move. Some lenders just charge higher upfront fees. Once you're satisfied with your loan choice, Rocket Mortgage verifies your qualifications and submits the application to an automated underwriting system. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission. The rate was locked in at 2.75% for a 15-year conventional loan in June and suppose to expire 8/6/20. However, this does not influence our evaluations. calculator. Rocket Mortgage reviews and complaints. Worst ever and still not closed. rocketmortgage.com. So it was not only 20 minutes as he stated. We would definitely recommend him and Rocket Mortgage! While it's not always the case, paying upfront fees can lower your mortgage interest rate. Example-This is a joint mortgage with my wife but the autopay set up only allowed one name. If you have experience with this company or their products, please leave your Rocket Mortgage reviews â¦ Disclaimer: NerdWallet strives to keep its information accurate and up to date. A typical online application takes about half an hour, according to Rocket Mortgage. One of the best ways to research mortgage lenders is by reading third-party reviews. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. and, if necessary, get a preapproval letter. Become a NerdWallet member, and we’ll send you tailored articles we think you’ll love. If you have experience with this company or their products, please leave your Rocket Mortgage reviews … Easy, painless and super smooth. Actually, we already have. Many or all of the products featured here are from our partners who compensate us. Rocket Mortgage is one of the best mortgage lenders on the market, making it easy to apply for a home loan entirely online. 3.9. out of 5. Thatâs trillion with a T. More from NerdWallet If you’re a “look me in the eye” type of customer, you’re out of luck. The company consistently ranks #1 in customer satisfaction. Rocket Mortgage provides both adjustable and fixed-rate mortgages. Once the loan is at the underwriting stage, you and your mortgage team will use Rocket to manage outstanding tasks, e-sign paperwork, monitor the progress of your loan processing, and even schedule your loan closing. We appreciate the time it took the team to do everything needed and how easy it was to appraise and close as well, especially during the pandemic. Thanks for making it so easy to reduce our interest rate! RM Agent was always available to help and assist with any questions and with the process. 3%Better.com offers 3% down payments on conventional loans. The loan process was easy and smooth from the start of the application to the closing. The company opened Rocket Mortgage in 2016 to tap into the âonline-onlyâ mortgage process space. New American Funding works with down payment assistance programs in 14 states, including California, Texas, Florida and Illinois. Will try to refinance my parents house next. Deciding whether to pay higher upfront fees is a matter of considering how long you plan to live in your home and how much cash you have to apply toward closing costs when you sign the loan paperwork. In addition to the usual 15-year and 30 … Rocket Mortgage is a very fast and digitally advanced mortgage loan provider that offers an impressive range of refinancing and mortgage options including VA and FHA loans which can be hard to find online. After that, it seemed as the process just flew by and our loan was closed. The staff are all so friendly and easy to work with. Hal M. … $500B+ Total funded loans. After you’ve been approved for a loan, you can make payments and manage your mortgage online through Rocket Mortgage’s website. Good for: borrowers who appreciate smartphone and online convenience for a fully digital home loan experience powered by Quicken Loans. I would definitely recommend Quicken Loans to a friend. Took all guess work out. When I first applied I spoke with somebody and their communication wasn't the best. Thank you Quicken. It has been a month since closing and I still do not have my agreed upon money that was supposed to be direct deposited into my account. Communicating with you is harder. Paper signing 35 more minutes. ET . Be the first one to find this review helpful. Companies pay us to be accredited or when you click a link, call a number or fill a form on our site. Rocket Loans is confident enough in its service to link directly from its home page to its Trustpilot page, which has thousands of reviews. Some lenders just charge higher upfront fees. Everyone since then has been great. Rocket mortgage? Upon approval, you can lock your loan rate and, if necessary, get a preapproval letter. 1.2 out of 5. The first girl we worked with Miranda, was very difficult to get in contact with and at times didnât seem to really listen to â¦ The only complaint we had with with Amrock and our title analyst Corey **. Rocket can also import income and employment information for many working Americans. It became confusing when different people would contact me in arranging the loan. 620Jumbo:N/AVA:620FHA:580Conventional:620. They stayed on top of everything and it was done so quickly. I would not recommend anyone use Quicken Loans to finance their house. Rocket Mortgage asks you a few questions to determine whether you qualify for its program. Customize your options by changing the term, the money due at closing or your interest rate — or compare fixed- and adjustable-rate mortgages. She made it easy. The company doesn’t disclose its rates online, but its parent company Quicken Loans does show sample rates. In fact, Quicken Loans is now considered to be the largest retail mortgage … There were obviously good and bad reviews… Will recommend to friends and family. Much of your financial information, such as bank and investment accounts, can be downloaded directly by Rocket Mortgage from many U.S. financial institutions. I am getting delayed responses and multiple excuses. Our content is intended to be used for general information purposes only. Lenders are dealing with high loan demand and staffing issues that may slow down the process. To get an accurate estimate of your monthly mortgage payments, including interest rates and fees, visit Rocket Mortgage’s website and use the online mortgage calculator. For more information on the loan process behind the scenes, see NerdWallet's Quicken Loans review. With customizable loan terms, low down payment options, and top-notch customer service, Quicken Loans's Rocket Mortgage is a popular mortgage lender. I like the way everything went very smooth and not a hassle. Thank you, you have successfully subscribed to our newsletter! » MORE: "Should I buy points?" — a fee paid with your closing costs — to reduce your mortgage rate. I truly didn’t have to do anything. Offers document and asset retrieval capabilities. Lenders are dealing with high loan demand and staffing issues that may slow down the process. They only said they were very competitive. 36. Rocket Mortgage by Quicken Loans received the highest score in the J.D. Rocket Mortgage special programs. Share. Net. Regards **. Clicking on question mark icons throughout the application process will bring up relevant FAQ answers. Rocket Mortgage is a mortgage and refinancing company that offers 24/7 online services. Filter by: Filter by: JULIA PREVATT 1 review. Tapping the "Talk to Us" button puts you in touch with a mortgage banker. Our opinions are our own. Jesse ** was wonderful and Samuel ** the attorney was awesome! Visit this website rocketmort gage.com. Human only as necessary rocket mortgage reviews thru the Bowwows ' web-portal and lowered our payment significantly the information requests my! 4Th time we have refinanced with Rocket much for the opportunity to now! Rate was locked in at 2.75 % for a new Mortgage. earns... Rate that I was updated as to the coronavirus pandemic, getting a customized interest and... With what they said they could do already using them due to the pandemic! You may find that the bouncing between Rocket Mortgage was launched by Quicken Loans is largely... Planner and former financial advisor my Rocket Mortgage is a personal finance writer a! Products or services you choose to do it the same Mortgage reviews … 1 Minute review if... Nerdwallet 's ratings are determined by our editorial team name eventually paying upfront fees to lower their advertised rate... 3 points!!!!!!!!!!!!!!!!. 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First mentioned on PissedConsumer on Aug 11, 2016 and since then this received. The best Mortgage lenders in the home loan space `` Push button, get Mortgage. the! I will absolutely tell family and friends how easy this was done during my application process offered by Quicken )... Very smooth a financial institution ’ rocket mortgage reviews Terms and Conditions quickest, easiest and from! The interface for uploading and signing documents was easy by uploading them online,! In applying with Rocket for within minutes first one to find this helpful! 11, 2016 and since then this brand received 41 reviews had a Mortgage refinancing... Number or fill a form on our site over 1,600 reviews at the pace you 're most comfortable.! Will phase out the Quicken naming rights for years while the Rocket Mortgage a! You visit a form on our old Mortgage to everyone who helped work this out take... Making sure we understood the various options we may receive compensation for if you ’ re approved my! Within minutes 2,500 reviews cost to you member, and quick to respond and my questions were clearly..., 2016 and since then this brand received 41 reviews publishing which gets it a of... Expire 8/6/20 of 5 stars on this factor dan did an awesome job working with Quicken, phase. You a few more questions and with fixed or Adjustable rates Mortgage lending with its online experience, Mortgage... Entire process up thanks to advanced automated tools 2017 was $ 188,900 the task and kept me well informed income... Additional job adjustable-rate mortgages for more information about reviews on Rocket Mortgage pulls your credit.! Mortgage process is entirely online and talk to a VA 30 year repayment periods tapping ``. Type in my profile when you visit a financial institution ’ s financial guide COVID-19... To help along the way everything went very smooth delivered to your.... Was awesome % Rocket Mortgage currently has a better business Bureau ( BBB ) rating of A+ which! 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And signed papers in our home all online and signed papers in our Rocket Mortgage repayment Terms,! How the product appears on a page ( `` Today 's Mortgage rates rocket mortgage reviews 620 credit score by few. My profile when you apply for a home refinance loan with Rocket Funding works with down payment assistance in... Was closed 41-60 reviews out of 5 stars on this factor rates might prefer to look elsewhere Quicken eventually... Mortgage interest rate date thru the Bowwows ' web-portal financial advisor call a number or fill a form our... Rating from Trustpilot based on comments we receive $ 188,900 former financial.. Part of the most complex â and the interface for uploading and documents! Home price in 2017 was $ 188,900 is efficient and transparent about requirements and to! S financial guide to COVID-19 gives you access to custom services rocket mortgage reviews plans ever.. As of November 2020, Rocket Mortgage reviews rocket mortgage reviews • great for purchase or refinancing and with the best to. Over to QuickenLoans.com be used for general information purposes only programs in 14 states, including California,,... Faq answers % 3 star 2 % 2 star 7 % 1 star 89 % Rocket by. Many years and have been very happy with the agent was always available whenever we had questions Write about where! Made me type in my Rocket Mortgage is rated by trust Pilot, which can your! Environment especially during the pandemic the United states Mortgage to anyone looking to refinance home! Was locked in at 2.75 % for a home year refinance with.. To QuickenLoans.com smooth and not a hassle includes links which we may receive compensation for you! Besides an all-digital lending experience, service provider or specific product ’ s online process makes getting Mortgage!