Reviews

Learn to apply easily for the Rocket Mortgage

If you want to apply for a Rocket Mortgage, look no further. We can help you get the scoop on the process, so that you can do it more confidently. Read on!

Advertisement

Rocket Mortgage: Avoid the hassles of branching by applying online! 

Rocket mortgage logo
Find out how to apply for Rocket Mortgage online. Read on! Source: Rocket Mortgage

Buying a house is an overwhelming process. However, you can apply online for Rocket Mortgage, and avoid some of the hassles of a branch.

card

Mortgage

Rocket Mortgage

online loan

Low rates. Good terms.

You will be redirected to another website

Discover how you can save time, and manage your loan from the comfort of your home. Keep reading!

Online application

Female hand using a mouse
Keep reading to learn how to apply. Check it out! Source: Adobe Stock

If you want to apply for a Rocket Mortgage, we are here to explain to you the easiest way to do it. 

In just a few steps, you can have your mortgage and buy the house of your dreams. 

First, visit the Rocket Mortgage website, and make the application process. Be aware to provide financial and personal information that will help you get your loan. 

Then you’ll receive a pre-approval response. That will tell you how much you can borrow and the terms and conditions for that. 

If you choose to pursue the loan, finish your application.

After that, Rocket Mortgage will consider it, work with you on the contract, and review the deal details. 

Once you’ve done that and everything is checked out, you’ll have your mortgage started. 

Requirements

Here is a checklist of requirements for getting a loan with Rocket Mortgage. You must: 

  • Have at least a 620 for a conventional mortgage ( that may vary depending on the loan type). 
  • Be 18 years old or more. 
  • Have a valid social security number. 
  • Show proof of income, and conditions to keep up with the loan

Apply using the app 

The Rocket Mortgage app can be another option for applying. 

You can download it on your cell phone or tablet and make the application process there. 

You can also make payments and manage your loan. 

Rocket Mortgage vs. SoFi Mortgage: which one is the best? 

Rocket Mortgage is compared to SoFi Mortgage in terms of their mortgage offerings. 

Rocket Mortgage is a subsidiary of Quicken Loans, while SoFi is a stand-alone mortgage lender. 

Both companies offer competitive rates and flexible terms, but Rocket Mortgage may have an edge when it comes to the overall borrowing experience.

Find out more of their differences on the table. 

Rocket MortgageSoFi Mortgage
Credit Score620Conventional: 620.Jumbo: 700.
Loans OfferedPurchase, Refinance, Jumbo, Fixed, Adjustable, FHA, VAPurchase, Refinance, Fixed, Adjustable
Minimum Down Payment3%The minimum down payment is 3%.
APRAdjustable or Fixed-rates that depend on loan type and terms.The APR differs depending on the term and is updated daily on the SoFi mortgage website.
Terms15 to 30 years.10,15, 20, or 30 years.

So you want to learn more about the SoFi Mortgage application and requirements? Check out our post below to find out!

Sofi logo 1

How to apply for SoFi Mortgage

Do you want to apply for a mortgage with SoFi mortgage? Read on to a complete guideline that covers all you need to know.

About the author  /  Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

Trending Topics

content

Application for the Destiny Mastercard®: how does it work?

If you don't have a good credit score, don't worry. You can apply for Destiny Mastercard® and build it up. Learn how to apply for it.

Keep Reading
content

Blue Sky Financial Mortgage review: how does it work and is it good?

Our Blue Sky Financial Mortgage review uncovers its main features! Connect several lenders through this simple mortgage marketplace! Read on!

Keep Reading
content

Can you get a credit card with no job?

Need a credit card but don't have an income? Find out if you can get a credit card with no job, and explore your possibilities. Read on!

Keep Reading

You may also like

content

NASB Mortgage review: how does it work and is it good?

Read our NASB Mortgage review! Enjoy several loan options, including for self-employed and low-income borrowers! Stick with us and learn more!

Keep Reading
content

Discover it® Balance Transfer Credit Card review: 0% intro APR

This Discover it® Balance Transfer Credit Card review will cover this product's perks! Pay no annual fee and earn up to 5% cashback.

Keep Reading
content

Citi® Secured Mastercard® application: how does it work?

Applying for the Citi® Secured Mastercard® is easy. Find out how this card can help you build your credit history. Read on!

Keep Reading