Home Loans | Rocket Mortgage
Learn about the different kinds of home loans we offer, then apply or speak to one of our experts to get the right mortgage for you.
How To Get A Mortgage: A Step-By-Step Guide
Step 2: Get Your Approval Letter. Once you find the best mortgage solution for your needs, you can see if you’re approved online. If you are, you’ll typically get a letter stating that you got your initial mortgage approval and the amount you qualify for.
Understanding The Mortgage Loan Process
Your 8-Step Guide To The Home Loan Process. Follow these eight steps to get a mortgage loan and become a new homeowner. 1. Figure Out What You Can Afford. Before you begin the mortgage process, it's important to assess your finances and …
Refinance Or Apply For A Mortgage Online | Rocket Mortgage
1 The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment …
What Is A Mortgage And How Do I Get One? | Rocket Mortgage
What Is A Mortgage? Let’s start with the definition that explains what a mortgage is. A mortgage is a loan from a lender that gives borrowers the money they need to buy or refinance a home.The borrower agrees to pay back the lender with monthly mortgage payments that include principal, interest and other fees.
Types Of Home Loans For All Home Buyers | Rocket Mortgage
As a prospective home buyer, it’s just as important to research types of mortgages as it I to look into the neighborhoods you want to live in. Applying for a home loan can be complicated, and deciding which type of mortgage best suits your needs early on will help direct you to the type of home you can afford.
Today’s Rocket Mortgage® Rates
Home loan interest rates are calculated using a set of details unique to everyone. They include your loan amount, how much debt you have compared to your income and your credit profile. Our experts use your details to find your best personalized rate – and the best way to reach your home buying goals.
Current FHA Loan Rates - Rocket Mortgage
How do FHA loans compare to other home loan options? Here’s a look at how two other popular loans we offer for buying a home, conventional and VA, compare to FHA loans: Down payment: FHA loans used to have one of the lowest down payments (3.5%), but now Rocket Mortgage has loans with down payments as low as 1%.
FHA Loans: Rates And How To Apply | Rocket Mortgage
With a down payment as low as 3.5% and lower credit score requirements, an FHA loan from Rocket Mortgage® makes it easier to reach your homeownership goals.
Current VA Loan Rates - Rocket Mortgage
VA funding fee. In place of no down payment or mortgage insurance, the VA charges a funding fee – roughly 2% or less of your loan amount. Minimum property requirements.