The Rocket Homes Real Estate LLC main office is located at Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226. Contact: (855) 411-0505. Rocket Homes℠ is a registered trademark licensed to Rocket Homes Real Estate LLC. The Rocket Homes℠ Logo is a service mark licensed to Rocket Homes Real Estate LLC. Rocket Homes Real Estate LLC fully supports the principles of the Fair Housing Act.
Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at help@rockethomes.com.
New York: Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H
TREC: Information about brokerage services, Consumer protection notice
California DRE #01804478 | Hawaii License # RB-23371, Principal Broker: William J Oliver
1Based on Rocket Mortgage data in comparison to public data records.
2Based on Rocket Homes℠ closed client surveys received from 2011-2021.
Apple and the Apple logo are trademarks of Apple Inc. registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
Wear OS by Google and Google Play are trademarks of Google LLC.
Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, RockLoans Marketplace LLC (doing business as Rocket Loans) and Rocket Auto LLC are separate operating subsidiaries of Rocket Companies, Inc. (NYSE: RKT). Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation and applicable legal and regulatory requirements.
© 2024 Rocket Homes Real Estate LLC. All Rights Reserved.
FAQs
Rocket Mortgage ranks third in customer satisfaction among home loan lenders, according to the latest J.D. Power Mortgage Origination Satisfaction Study. Rocket also earns high marks in satisfaction for mortgage servicing — the collection of loan payments from borrowers and dispersing the funds to third parties.
Is Rocket Homes the same as Rocket Mortgage? ›
Hawaii License # RB-23371. TREC: Information about brokerage services, Consumer protection notice. Rocket Mortgage, LLC and Rocket Homes Real Estate LLC are separate operating subsidiaries of Rocket Companies, Inc.
Does Rocket Mortgage require cash reserves? ›
Cash Reserves
Cash reserve requirements vary by lender. For loan amounts below $1 million at Rocket Mortgage®, you'll need 6 months' worth of reserves. For amounts over $1 million, a year of reserves is required.
Are Rocket Money and Rocket Mortgage the same? ›
Rocket Money was originally known as Truebill when it was founded in 2015. The company was acquired in 2021 by Rocket Companies—which also owns Rocket Mortgage, Rocket Loans, and is the issuer of the Rocket Visa Signature® Card. Its name changed in late August, 2022.
What is the disadvantage of Rocket Mortgage? ›
Cons. Getting a customized interest rate requires a credit check, which can affect your credit score. Origination fees are on the high side compared with other lenders, according to the latest federal data. Doesn't offer home equity lines of credit.
Does Rocket Mortgage approve everyone? ›
Minimum credit score needed
You may be approved for a Rocket Mortgage loan with credit scores as low as 580, though the type of loan you apply for could require better credit.
Is Rocket Mortgage under investigation? ›
The mega lender is accused of violating the Real Estate Settlement Procedures Act (RESPA) and the RICO Act in a Michigan lawsuit lodged after the investigation.
Why do people use Rocket Mortgage? ›
Why should I use Rocket Mortgage? Rocket Mortgage® lets you work at your own pace, while providing award-winning customer service and expert advice. It lets you apply online, anytime, at your convenience – which means it's there when you need a fast approval to buy a house or a way to lock your rate when rates drop.
Who is the parent company of Rocket Mortgage? ›
Seeing the possibilities of this mortgage lender rooted in technology, Intuit Inc. (creators of market-leading software TurboTax and QuickBooks) purchased Rock Financial. The company was renamed Quicken Loans.
What are the red flags on bank statements for mortgage? ›
Red flags on bank statements for mortgage qualification include large unexplained deposits, frequent overdrafts, irregular transactions, excessive debt payments, undisclosed liabilities, and inconsistent income deposits, which prompt lenders to scrutinize the borrower's financial stability and may require further ...
A general rule of thumb is that you should have at least 20% equity in your home if you want to refinance. If you want to get rid of private mortgage insurance, you'll likely need 20% equity in your home. This number is often the amount of equity you'll need if you want to do a cash-out refinance, too.
What is the difference between Rocket Homes and Rocket Mortgage? ›
Rocket Homes is a real estate company that connects home buyers and sellers to real estate agents and buyers to mortgage lenders. The agents then handle the property searches and transactions, and Rocket Mortgage (or another mortgage lender) handles the financing.
What is the Rocket money controversy? ›
The complaint alleges that the manipulative design of Rocket Money's interface and its misleading representations to consumers are unfair, deceptive, and abusive practices under the Dodd-Frank Act.
Is Rocket Mortgage better than a bank? ›
Rocket Mortgage offers a much wider variety of loan products than the average local bank does and has much more flexible requirements as a result. Though it can be possible to find a local bank that can work with your particular situation, expect to have to shop around more.
Are Rocket Loans legit? ›
Rocket Loans has an A+ rating on Better Business Bureau (BBB) and a 4.8 out of 5 star rating on Trustpilot out of more than 6,000 reviews.
Is it hard to get a mortgage with Rocket Mortgage? ›
To successfully get a home loan with Rocket Mortgage, you need a minimum credit score between 580 to 680, depending on the type of loan you apply for. In addition, your monthly DTI shouldn't be more than 45%—but lower is always better.
Is Rocket Mortgage secure? ›
Rocket Mortgage® makes the mortgage application process easy. You can apply online or using your phone and choose a Quicken Loans mortgage solution that meets your needs. It's also among the best mortgage lenders for the self-employed. The Rocket Mortgage® platform is absolutely safe to use.