Last Updated: 12/18/2025
SuperMoney User Recommendation Score +80
Strongly recommended5 total votes
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Highlights
Community Rating
Strongly recommended
Credit Score Range
580 - 850
Amount Range
Starting at $25,000
Loan Term (Years)
15 - 30
Number of Reviews
Rocket Mortgage Review
Rocket Mortgage is offered by Quicken Loans (NMLS #3030), a direct lender founded in 1985 and based in Detroit, MI. Rocket Mortgage are available in 50 states and Washington, DC.
Key Takeaways
- Wide selection of mortgage programs offered. Rocket Mortgage offers FHA, VA, jumbo, conforming, and conventional mortgages.
- Specializes in single-family homes. Only offers mortgages for single-family homes, but not for multi-family properties or manufactured homes.
- Standard interest rates types. Rocket Mortgage offers adjustable-rate mortgages and fixed-rate mortgages.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Origination fees of 0.5% to 1%. This is on the low end for lenders that charge an origination fee. However, plenty of lenders don't charge an origination fee.
- High maximum LTV ratio. Rocket Mortgage has a maximum loan to value ratio of 97%, which is higher than average. Most lenders want you to have at least 20% equity.
- Fair credit accepted. Borrowers with a credit score as low as 580 may qualify for Rocket Mortgage.
- High maximum DTI ratio. Rocket Mortgage requires a debt-to-income ratio of less than 45%. This ratio includes all your monthly debts, not just your proposed mortgage payment. Typically, lenders have a maximum DTI of 43% or lower.
Rocket Mortgage Pros & Cons
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Rocket Mortgage FAQ
What is the maximum loan term you can get with Rocket Mortgage?
Rocket Mortgage offers mortgages with terms ranging from 15 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does Quicken Loans offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
Yes, Rocket Mortgage may charge a loan origination fee of 0.5% to 1% of the loan amount .
Does Rocket Mortgage charge prepayment fees?
No, Rocket Mortgage does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What mortgage programs are available?
Besides conventional mortgages, Rocket Mortgage offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- Jumbo loans: Any mortgage with a loan amount above the conforming loan limits set by the Federal Housing Finance Agency.
- VA loans: A zero down payment mortgage or a refinance of up to 100% of the home's value for American military members, veterans, and their spouses. VA loans offer competitive mortgage rates, and don't have a minimum credit score. However, the mortgage lenders that offer them will typically require a credit score of at least 640.
What property usage types does Rocket Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Rocket Mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Investment properties and house flipping projects
What is the customer service phone number?
The customer service number for Rocket Mortgage is (800) 251-9080.
What is the support contact email?
The support contact email for is Help@QuickenLoans.com.
How do people rate the customer service and user experience?
Overall, this business is strongly recommended based on community reviews that rate customer service and user experience.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
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Credit Score Range
Starting at 620
Amount Range
Up to $3M
No Origination Fee
N/A
Loan Term (Years)
8 - 30
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +80, or 4.6 on a 5-point rating scale.
+80
-1000+100
No one recommends
Everyone recommends
Rocket Mortgage Community Reviews
Would you recommend Rocket Mortgage to your friends?
MS
Mitchell S.
Dec 18, 2025
May or may not recommend
Rocket Mortgage made the entire process feel simple and organized, especially with how quickly they responded to my questions. I appreciated how transparent they were about fees and options, which helped me make confident decisions. Overall, the service felt professional, supportive, and easy to trust.
SL
Sharon L.
Dec 18, 2025
May or may not recommend
My experience with Rocket Mortgage was very positive because they actually take time to guide you through the process. Even with average credit, I felt respected and well-supported at every step. The service felt modern, efficient, and focused on making homeownership achievable.
PI
Paul I.
Dec 18, 2025
May or may not recommend
What I liked most about Rocket Mortgage was how smooth everything felt from application to approval. Their team explained things in plain language and never made me feel rushed or confused. It’s a great option if you want convenience, clear communication, and reliable service.
FO
Favour O.
Dec 18, 2025
May or may not recommend
I used Rocket Mortgage during my home-buying process, and what stood out most was how smooth and stress-free their service felt from start to finish. Their team stayed responsive, explained every step clearly, and made me feel supported, even with fair credit. If you want a lender that’s reliable, easy to work with, and truly walks you through the process, Rocket Mortgage is a solid choice.
JH
Jaclyn H.
May 3, 2022
May or may not recommend
Yes, they do work with you for first-time home buying but you also have very very high rates and fees that you have to pay. Kind of a pick your battle thing Fees and higher mortgage vs having a mortgage. They are very helpful and informative on the application process
Showing 5 of 5 reviews
