Does rocket mortgage use brokers?

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Luella Balistreri asked a question: Does rocket mortgage use brokers?
Asked By: Luella Balistreri
Date created: Thu, Mar 18, 2021 6:58 AM
Date updated: Sat, Nov 19, 2022 10:53 PM

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Top best answers to the question «Does rocket mortgage use brokers»

Local mortgage brokers are licensed mortgage experts who are not employed by Rocket Mortgage®. They can offer loan products from a variety of lenders and compare lenders on your behalf.

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Local mortgage brokers are licensed mortgage experts who are not employed by Rocket Mortgage®. They can offer loan products from a variety of lenders and compare lenders on your behalf. Get advice close to home. Each community has its own unique identity.

If you’re searching for mortgages, there’s a good chance that you’ve seen some online advertisements from Rocket Mortgage. As a borrower, it’s essential to work with a mortgage broker that you can trust. Fortunately, Rocket Mortgage is backed by one of the most reputable mortgage lenders in the industry.

However, mortgage companies like Rocket, loanDepot, and UWM Holdings, which have also experienced pops recently, are not licensed banks, so they don't hold a lot of mortgages on their balance sheets.

Marcus Dho was my mortgage broker and made the initial application process simple and seamless. I have already made multiple recommendations with friends and associates to use Rocket Mortgage.

Beyond the bucket of leads, Rocket is banking on its widely known brand name, free use of marketing tools, and bevy of technologies to hook brokers. “We have two pieces of technology that brokers...

Rocket Mortgage ® isn’t a calculator; it’s a way to get a mortgage. Just tell us about yourself, your home and your finances, and we’ll give you real interest rates and numbers – not just our best guess. Then, Rocket Mortgage ® will guide you through the mortgage process, from getting approved to closing to managing your payments. That expert guidance is a big reason why we’ve won so many awards for customer satisfaction.

A lender is a financial intuition that offers mortgages to clients, while a broker helps you find and work with a lender. Quicken Loans changed its name to Rocket Mortgage! Visit our FAQ page to learn more.

I’ve always wondered about this since we have only used local mortgage brokers whose rates are often higher than online rates. Even with credit scores in the high 700s, incomes over $100k, and 20% down, we were quoted 4.3% for a mortgage on a home we didn’t end up buying.

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