Loan Process

When you’re buying a house, refinancing the one you could have or wish to be taught extra about how mortgages work, we wish to be sure to have all of the instruments you want. That’s why we offer expertise, training and customer support that can assist you with the mortgage course of – from making use of, to getting authorized, to managing your mortgage.

Right here’s how our mortgage course of works, and what you possibly can count on from us.

1. Apply for a Home Mortgage

Discover out what sort of mortgage is best for you with Rocket Mortgage®, our quick, safe, utterly on-line technique to apply for a mortgage. When you don’t wish to work on-line, reply to a couple fast questions and a House Mortgage Skilled will contact you.

How We Make It Simpler

• Apply the way you need: work on-line, discuss to a House Mortgage Skilled, or each.
• Import your monetary info so that you rapidly get correct and verified numbers.

2. Discover Your Choices

We’ll match your monetary state of affairs and targets with the perfect mortgage choices for you. We’ll analyze and clarify the prices, charges and advantages of every mortgage choice so you possibly can resolve which one is best for you.

See What Matches Your Price range

• Use our on-line calculators that can assist you select a mortgage choice.
• Discover your refinance choices.
• Discover your buy mortgage choices.

3. Confirm Your Data

We’ll examine to verify your info is right. A method we do that is by reviewing your checking account and tax info. We additionally attain out to 3rd events like your employer and insurance coverage agent to get information from them.

How We Make Verification Simple

• Import your monetary information on-line so that you don’t need to trouble with discovering and sending in paper paperwork.
• Actual-time updates will preserve your mortgage transferring rapidly.

4. Close Your Home Mortgage

Shut your property mortgage whenever you need, the place you need – and schedule all of it on-line. Our course of not solely helps you keep knowledgeable, but in addition helps by transferring at your pace. We’ll present you paperwork and help forward of time, so that you perceive the small print about your closing prices and mortgage phrases earlier than you signal.

What We Provide

• Select when and the place you wish to shut your mortgage.
• Our one-of-a-kind Rocket mortgage® verification course of ensures the underwriting of your property mortgage is as fast as potential. Getting you into your dream dwelling or serving to you notice the worth of your refinance.
• Use on-line instruments to get your mortgage paperwork earlier than closing.

5. Handle Your House Mortgage

We service 99% of our loans, so we will offer you the identical nice service as soon as your mortgage is closed. That implies that till the day you repay your mortgage, we’ll deal with issues like amassing month-to-month funds, sustaining your data and offering well timed and easy-to-understand updates.

Servicing with Us

• Make fee-free funds in your mortgage, together with one-time, automated and biweekly funds.
• Get easy accessibility to your tax and insurance coverage info.
• We’ll present mortgage recommendation and choices that can assist you as your wants change, or in case you face a hardship.

A Higher Manner for Our Shoppers

We consider simplicity makes issues higher for everybody. Naturally, we thought the mortgage course of may use some assist in that division.

Get the Mortgage That’s Proper for You

We be sure to have the small print that you must get the suitable resolution based mostly in your wants.

Know Your Mortgage’s Status 24/7

We provide you with on-line instruments to maintain observe of what we want from you, what we’re engaged on and what’s already accomplished.

Save Time

We provide a quick, on-line utility course of, allow you to set your individual time and place for closing, and provide the capacity to handle your mortgage out of your telephone.