Quicken Loans’ and Rocket Mortgage’s lender charges can embody an origination payment, rate-lock payment and different closing prices.
Rates
Quicken Loans and Rocket Mortgage publish charges on their respective web sites and updates them each day.
Reputation
Rocket Mortgage was ranked second by J.D. Power in mortgage origination satisfaction for 2021 and can be rated “Excellent” by Trustpilot.
Online companies
The lender gained prominence in recent times by adopting know-how that permits debtors to use for loans fully on-line by Rocket Mortgage
Minimum borrower necessities
For typical loans, key necessities embody good credit score and a minimal down cost of three %
Refinancing with Quicken Loans
with a web-based utility course of that has been touted as a hassle-free various to that of different lenders
Review methodology
Bankrate’s editorial crew charges lenders on a scale of 1 to 5 stars based mostly on quite a lot of elements referring to the lender’s services and products