Is Rocket Loans Personal Loans the right fit for you?
Last Updated: 05/05/2026
Rocket Loans Personal Loans
Claimed
Last Updated: 05/05/2026
SuperMoney User Recommendation Score +64
Strongly recommended14 total votes
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Highlights
Community Rating
Strongly recommended
APR (Fixed APR)
8.01% - 29.99%(Verified 05/05/2026)
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Amount Range
$2,000 - $75,000
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Loan Term (Months)
36 - 60
Number of Reviews
Rocket Loans Personal Loans Review
Rocket Loans Personal Loans is offered by RockLoans Marketplace LLC, a direct lender founded in 2016 and based in Detroit, MI. RocketLoans are available in 46 states.
Key Takeaways
- APRs starting at 8.01%** (for APR terms see terms and conditions). Personal loan interest rates typically range between 9% and 36%. The starting rates for Rocket Loans Personal Loans are on the lower end of the spectrum.
- Fast access to funds. If approved, RockLoans Marketplace LLC will send the money in as little as 24 hours.
- Large loan amounts. You can apply for loan amounts of up to $75,000 with Rocket Loans Personal Loans .
- Prequalified rate. You can check your prequalified rate at RockLoans Marketplace LLC with a soft pull that will not affect your FICO or VantageScore.
- Origination fees of up to 9.99%. This is on the high end for lenders on SuperMoney's database. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.
RocketLoans Pros & Cons
| Pros | Cons |
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RocketLoans FAQ
What interest rates and personal loan terms does RocketLoans offer?
What interest rates does RocketLoans offer?
RocketLoans offers a fixed APR personal loan product that ranges from 8.01% APR up to 29.99% APR.
How much can you borrow via RocketLoans?
Personal loan amounts start at $2,000 and go up to $75,000
What is the maximum loan term you can get with RocketLoans?
RocketLoans offers loans with terms of up to 60 months.
| Personal Loan Amount | $2000 - $75000 |
| Loan Term | 36 - 60 months |
| APR | 8.01% - 29.99% |
What fees does RocketLoans charge?
Does RocketLoans charge an origination fee?
RocketLoans may charge a personal loan origination fee of up to 9.99% of the personal loan amount .
Does RocketLoans charge a late fee?
Yes, RocketLoans may charge a late payment fee if you miss one of the regularly scheduled payments of up to $15.
Does RocketLoans charge prepayment fees?
No, RocketLoans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | up to 9.99% |
| Prepayment Fee | No |
| Late Payment Fee | $15 |
What do you need to qualify for Rocket Loans Personal Loans?
Applicants with a credit score that ranges above 660 may be eligible for Rocket Loans Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Rocket Loans Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Rocket Loans Personal Loans.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | Starting at 660 |
What is the estimated funding time for a personal loan via RocketLoans?
RocketLoans will typically fund loans within 1 to 7 business days of approval and clearing necessary verifications.
Does Rocket Loans Personal Loans report your account activity to credit bureaus?
Yes, Rocket Loans Personal Loans reports to the following credit bureaus:
- Equifax
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does RockLoans Marketplace LLC perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates. RocketLoans allows you to check your rates with a soft credit pull.
Are Rocket Loans Personal Loans legit?
RocketLoans was founded in 2016, it is a well-established company that has been in business for 10 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.
Rocket Loans Personal Loans Disclosure: Qualified clients using Rocket Loans will see loan options for a 36 or 60 month term, and APR ranges from a minimum of 8.01% (rate with autopay discount) to a maximum of 29.99% (rate without autopay discount) depending upon their credit profile. An origination fee of up to 9.99% is charged for each loan. This fee is deducted from the balance before funds are disbursed to the client. For example, a 5-year $16,000 loan with a 14.55% interest rate and a 6.95% ($1,112) origination fee would have 59 scheduled monthly payments of approximately $376.83 and 1 final monthly payment of approximately $399.09 for an APR of 17.90%. Borrower must be a U.S. citizen or permanent U.S. resident at least 18 years of age. All loan applications are subject to credit review and approval and offered loan terms depend upon credit score, requested amount, requested loan term, credit usage, credit history and other factors. Not all borrowers receive the lowest interest rate or highest loan amount. Rates and Terms are subject to change at any time without notice.
All personal loans are made by Cross River Bank, a New Jersey state chartered commercial bank, Member FDIC, Equal Housing Lender. This is not a deposit product.
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.
Message from RocketLoans
Message from our editor
What We Love About RocketLoans
RocketLoans does a great job of offering premier customer service and follow-up, even in their online format. They have chats readily available, live agents on call, and emails galore to ensure that consumers are always in the loop with their lending process and the world of personal loans in general. Their service and communication are what give people peace of mind, and it’s just unfortunate that they don’t deal in subprime loans.
Some loans can even be funded the same day, although consumers may have to wait 1-3 days depending on the requirements of their own bank and how they process funds.
What Could RocketLoans Do Better?
Currently, RocketLoans only works with people who have good to excellent credit. That means that you’re usually once again in the situation where you have to “have money” to get money. People with subprime credit will either get really high interest rates or be denied completely. If they could find a way to expand their offerings to a wider market of consumers with less-than-perfect-credit (the majority of the country these days), they might serve to impress us even more.
RocketLoans Backstory
Quicken Loans has been serving the mortgage industry for decades, taking pride in their singular focus. However, they have recently begun to expand their offerings into other lending arenas, including personal loans. In 2016, Quicken launched their online RocketLoans personal loan service, offering fast, easy online personal loans to borrowers who have good to excellent credit.
RocketLoans serves to simplify the personal loan process and help people get money faster and easier when they need it most. They have multiple terms and APR options, as well as a range of loan amounts to suit just about any need.
The Verdict
Backed by a financial giant like Quicken, RocketLoans proves to be a valuable resource for those who need personal loans and who have good credit to begin with. Of course, there may be other options out there to consider.
Check out personal lenders and how they stack up to Rocket Loans to make sure you’re choosing the right loan.
Contact
Headquarters
Hours of Operation
Sunday
Closed
Monday
8:30AM - 9:00PM
Tuesday
8:30AM - 9:00PM
Wednesday
8:30AM - 9:00PM
Thursday
Closed
Friday
8:30AM - 9:00PM
Saturday
9:00AM - 4:00PM
Other Services by RockLoans Marketplace LLC
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +64, or 4.3 on a 5-point rating scale.
+64
-1000+100
No one recommends
Everyone recommends
Rocket Loans Personal Loans Community Reviews
Would you recommend Rocket Loans Personal Loans to your friends?
U
Anonymous
Nov 23, 2023
May or may not recommend
Trying to get Loan through y’all and it keeps saying that I’m approved but yet I cannot get through to nobody
JR
Jeffrey R.
Jul 24, 2023
May or may not recommend
They helped me out with getting the loan money now
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
I was going through a very rough patch at the time, and bills needed to be paid, so of course, I would be like any person trying to get things done and through, so I applied to rocket loans. I was approved and very thankful for their service. The whole process was very reassuring and very clear.
TA
Tatiana A.
Nov 25, 2022
May or may not recommend
I was going through a very rough patch at the time, and bills needed to be paid, so of course, I would be like any person trying to get things done and through, so I applied to rocket loans. I was approved and very thankful for their service. The whole process was very reassuring and very clear.
TH
Tamela H.
Sep 28, 2022
May or may not recommend
Just like everyone else we were struck with covid, my family suffered with the loss of income. Having six kids and mouths to feed we really needed to get money quick to stay on top of our bills and keep groceries in the house. Rocket loans was easy to apply for and smooth sailing after being approved. I would recommend to anyone, especially in a pinch.
JB
Jessica B.
May 17, 2022
May or may not recommend
Easy to use, very well known company that makes getting loans fast and simple
VA
Victoria A.
Apr 12, 2022
May or may not recommend
Best don't go any where else trust me Victoria Austin
NT
Natawnee T.
Apr 7, 2022
May or may not recommend
I wouldn't recommend this to anybody the process to get accepted or even denied is never ending. Also leaveda hard enquiry on credit.
KW
Kendra W.
Jul 11, 2021
May or may not recommend
I’m a victim of identity theft and have had a fraudulent personal loan that has been opened in my name with Rocketloans. I didn’t consent, authorize, apply, nor request for this fraudulent personal loan to be opened in my name. The address, phone number, email, and information on file does not belong to me, and non of the information regarding these accounts where verified that they belong to me. I ...Show More
ES
Elana S.
Mar 3, 2021
May or may not recommend
I needed a loan to complete my house so i went looking on this website so i could find a good contract that i could trust.I saw a few loan firms but none that fit my requirements.I came across rocketloans and I contact them via there number. The lady i talked to really helped me out.she respected my wishes ,really spoke well with me, she even wanted me to go ...Show More
AA
Akinkunmi A.
Nov 27, 2020
May or may not recommend
I needed a loan to complete my house, I searched for a loan firm I can contact. I saw a few loan firms but there rates were outrageous. I came across rocketloans and I contact them via there number. The customer representative really spoke well with me, she invited me to their office and I was given the necessary procedure to follow to get my desired loan.
The payment was ...Show More
MV
Michael V.
Nov 22, 2020
May or may not recommend
I have a big family, and when it came time for my nieces and nephews to get a small loan to help pay for their first house, I started looking.
Their loan program makes it so that someone working minimum wage can afford a loan. 24,000 was their minimum income requirement and they held to it. No fine print, plus the slightly higher interest rate would help teach my nieces and ...Show More
FH
Fred H.
Aug 31, 2018
May or may not recommend
Rocket loans is great fast and friendly service. with great terms !
U
Anonymous
Feb 4, 2016
May or may not recommend
I'm excited about RocketLoans given what Quicken Loans has been able to for other parts of the industry. This could be a game changer.
Showing 14 of 14 reviews
