Quicken Loans, now known as Rocket Mortgage, is a prominent player in the mortgage industry in the USA. Here’s a casual rundown of what this company is all about.
What is Quicken Loans?
Quicken Loans originally made its mark as a traditional mortgage lender but has since evolved into a cutting-edge online financial marketplace. It officially rebranded to Rocket Mortgage in 2021, shifting its focus to providing a streamlined digital experience for home loans. The company is based in Detroit and has grown to become one of the largest mortgage lenders in the country.
Services Offered
Rocket Mortgage offers a variety of loan products, including:
- Conventional Mortgages: These are standard loans that aren’t backed by the government.
- FHA and VA Loans: Great options for first-time buyers or veterans looking for favorable terms.
- Refinancing Options: If you’re looking to lower your monthly payments or tap into your home’s equity, they have several refinancing choices.
- Home Equity Loans: Borrowers can access funds based on the equity they’ve built up in their homes.
User Experience
One of the standout features of Rocket Mortgage is its user-friendly online platform. Borrowers can complete the entire application process online, from submitting documents to e-signing contracts, which makes it super convenient. The platform also allows for quick approvals, often within minutes, thanks to advanced technology that automates much of the verification process.
Customer Satisfaction
Rocket Mortgage consistently ranks high in customer satisfaction surveys. Many users appreciate the ease of use and the support provided by their mortgage experts, who are available via phone or chat if you need assistance. However, it’s worth noting that they do not offer in-person meetings, which might not suit everyone’s preferences.
FAQs On Quicken Loans
Here are tens 76 questions on Quicken Loans to help you know the old company of Rocket Mortgage better.
Who Owns Quicken Loans
Quicken Loans is owned by Rocket Companies, Inc., which is a publicly traded company. The CEO and founder, Dan Gilbert, is a major figure behind the company’s success. Rocket Companies also owns other subsidiaries, including Rocket Mortgage, making Quicken Loans a key player in the mortgage industry.
Is Quicken Loans Rocket Mortgage
Yes, Quicken Loans is now known as Rocket Mortgage. In 2021, the company rebranded under the Rocket Mortgage name to streamline its identity and reflect the innovative digital home loan process it offers. Despite the rebranding, Quicken Loans and Rocket Mortgage are essentially the same company, offering similar services.
What Is Quicken Loans
Quicken Loans, now Rocket Mortgage, is an online-based mortgage lender that offers a wide range of loan products. It specializes in providing home loans, including FHA, VA, and conventional mortgages, with a fully digital application process, making it easier for homeowners to secure financing from the comfort of their home.
Is Quicken Loans Good
Quicken Loans, under its Rocket Mortgage brand, is often considered a solid choice for homebuyers. The company is praised for its streamlined, digital application process and customer support. Many users report positive experiences, especially for first-time homebuyers, though like any lender, it’s important to compare rates and terms to others.
Is Quicken Loans Legit
Yes, Quicken Loans, now Rocket Mortgage, is a legitimate company. It’s one of the largest mortgage lenders in the U.S., regulated by government agencies like the Consumer Financial Protection Bureau. Rocket Mortgage’s robust online platform and reputation show it is a trusted, licensed lender within the financial industry.
Is Quicken Loans A Reputable Company
Yes, Quicken Loans, now Rocket Mortgage, is widely regarded as a reputable company. It has been operating since 1985, has a strong track record, and holds high ratings from agencies like the Better Business Bureau (BBB). It’s recognized for offering reliable mortgage services and maintaining a solid customer satisfaction rate.
Is Quicken Loans The Same As Rocket Mortgage
Yes, Quicken Loans and Rocket Mortgage are the same. In 2021, Quicken Loans rebranded to Rocket Mortgage as part of an effort to align with its digital-first approach to home lending. While the name changed, the services, products, and leadership remain the same under Rocket Mortgage.
Does Quicken Loans Sell Their Mortgages
Yes, Quicken Loans (Rocket Mortgage) may sell your mortgage to another financial institution or servicer. This is a common practice in the mortgage industry and doesn’t affect your loan terms or payments. The new servicer will take over managing your loan, but your payment schedule will remain the same.
What Credit Score Does Quicken Loans Use
Quicken Loans, now Rocket Mortgage, typically requires a minimum credit score of 620 for conventional loans. However, specific score requirements can vary based on the type of loan you’re applying for (e.g., FHA, VA). A higher score can lead to better interest rates and loan terms.
How Reliable Is Quicken Loans
Quicken Loans, under its Rocket Mortgage brand, is known for its reliability in the mortgage industry. With a focus on digital innovation, it offers a seamless application and approval process. The company has consistently earned high ratings for customer service and transparency, making it a reliable option for homebuyers.
Is Quicken Loans And Rocket Mortgage The Same
Yes, Quicken Loans and Rocket Mortgage are the same company. Quicken Loans rebranded to Rocket Mortgage in 2021 to better reflect the company’s digital mortgage platform. While the name changed, the company’s core services, leadership, and mission to simplify the mortgage process remain unchanged.
Does Quicken Loans Do Home Equity Lines Of Credit
Quicken Loans, now Rocket Mortgage, doesn’t currently offer home equity lines of credit (HELOCs). The company focuses mainly on traditional home loans, refinances, and mortgages. If you’re interested in a HELOC, you may need to explore other financial institutions that specialize in this product.
Is Quicken Loans A Good Lender
Quicken Loans, now Rocket Mortgage, is considered a good lender for many borrowers. It is known for its fast, online application process and a variety of loan options, including FHA and VA loans. However, as with any lender, it’s important to shop around to ensure you’re getting the best terms for your needs.
How Much Does It Cost To Refinance With Quicken Loans
The cost to refinance with Quicken Loans (Rocket Mortgage) depends on the loan amount, location, and type of loan. Typically, refinancing costs can range from 2% to 5% of the loan amount. Rocket Mortgage offers a detailed breakdown of closing costs during the refinancing process to ensure transparency.
How Does Quicken Loans Work
Quicken Loans, now Rocket Mortgage, works by allowing borrowers to apply for loans entirely online through its streamlined platform. You can fill out an application, submit documents, and receive pre-approval or final approval digitally. The process is designed to be simple, fast, and transparent, making it a popular choice for homebuyers.
Does Quicken Loans Do Personal Loans
No, Quicken Loans (Rocket Mortgage) does not offer personal loans. The company specializes in home loans, including mortgages, refinances, and home equity loans. If you’re looking for personal loans, you would need to consider other lenders or banks that offer that specific financial product.
What Types Of Loans Does Quicken Loans Offer?
Quicken Loans, now Rocket Mortgage, offers a variety of home loan products. These include conventional mortgages, FHA loans, VA loans, USDA loans, and jumbo loans. They also provide refinancing options and specialized loans for first-time homebuyers, making them a versatile lender for different mortgage needs.
Does Quicken Loans Offer Conventional Mortgages?
Yes, Quicken Loans (Rocket Mortgage) offers conventional mortgages. These loans are not backed by the government and typically require a higher credit score. Conventional mortgages from Rocket Mortgage are available with both fixed and adjustable rates, providing flexibility for homebuyers looking for traditional financing options.
How Long Has Quicken Loans Been In Business?
Quicken Loans, now Rocket Mortgage, has been in business since 1985. It started as a small mortgage lender and has grown to become one of the largest online mortgage lenders in the United States. Over the years, it has built a reputation for innovation and customer service in the mortgage industry.
How Can I Apply For A Mortgage With Quicken Loans?
To apply for a mortgage with Quicken Loans (Rocket Mortgage), simply visit their website or use their app. You’ll need to fill out an online application, submit financial documents, and provide personal details. The process is digital and typically fast, with pre-approval often granted within minutes.
What Are The Requirements For A Quicken Loans Mortgage?
Quicken Loans, now Rocket Mortgage, has general requirements for their home loans, including a minimum credit score of 620 for conventional loans. They also look at your debt-to-income ratio, employment history, and down payment. Specific requirements vary based on the loan type (FHA, VA, etc.), so it’s best to check in advance.
Does Quicken Loans Offer FHA Loans?
Yes, Quicken Loans (Rocket Mortgage) offers FHA loans. These government-backed loans are great for first-time homebuyers or those with lower credit scores. FHA loans generally require a lower down payment than conventional mortgages, making them an accessible option for many borrowers.
Does Quicken Loans Offer VA Loans?
Yes, Quicken Loans, now Rocket Mortgage, offers VA loans. These loans are available to active military members, veterans, and certain service members. VA loans typically offer lower interest rates, no down payment, and no private mortgage insurance (PMI), making them an attractive option for qualifying borrowers.
Can I Refinance With Quicken Loans If I Have Bad Credit?
Yes, Quicken Loans (Rocket Mortgage) may allow you to refinance with bad credit, though the interest rates and terms may not be as favorable as for those with higher credit scores. The company offers various options, so it’s a good idea to discuss your situation with a loan advisor for the best advice.
Does Quicken Loans Have A Mobile App?
Yes, Quicken Loans (Rocket Mortgage) has a mobile app available for both iOS and Android devices. The app allows you to apply for a mortgage, track your loan progress, make payments, and manage your mortgage account directly from your phone, offering a convenient, on-the-go solution for homeowners.
What Are The Interest Rates For Quicken Loans Mortgages?
Interest rates for Quicken Loans (Rocket Mortgage) vary depending on the type of loan, your credit score, and market conditions. Generally, they offer competitive rates for fixed-rate and adjustable-rate mortgages. It’s best to check current rates on their website or through their app for the most accurate and up-to-date information.
How Does Quicken Loans Compare To Other Lenders?
Quicken Loans (Rocket Mortgage) often compares favorably with other lenders in terms of its online application process, fast approval times, and customer service. Its digital platform is one of the most advanced in the industry, providing a smooth and transparent process. However, interest rates may vary, so shopping around is important.
Does Quicken Loans Offer Jumbo Loans?
Yes, Quicken Loans (Rocket Mortgage) offers jumbo loans. These loans are for borrowers who need to finance amounts that exceed the limits set for conventional loans. Jumbo loans typically come with stricter requirements, such as higher credit scores and larger down payments, but they offer competitive rates for those who qualify.
What Is The Minimum Down Payment For A Quicken Loans Mortgage?
The minimum down payment for a Quicken Loans (Rocket Mortgage) mortgage typically starts at 3% for conventional loans, though this can vary based on the loan type. FHA loans, for example, can require as little as 3.5% down, while VA loans often require no down payment at all for eligible borrowers.
Can I Get Pre-Approved For A Mortgage With Quicken Loans?
Yes, you can get pre-approved for a mortgage with Quicken Loans (Rocket Mortgage). The pre-approval process is fast and can be completed online. You’ll need to provide some personal and financial information, and Rocket Mortgage will give you an estimate of how much you can borrow based on your qualifications.
How Fast Can I Get A Mortgage Through Quicken Loans?
Quicken Loans (Rocket Mortgage) is known for its fast mortgage process. In many cases, you can get approved for a loan in as little as a few minutes, especially with their digital platform. The overall closing time for a mortgage can range from 15 to 30 days, depending on your circumstances.
What Is The Process For Getting A Home Loan With Quicken Loans?
The process for getting a home loan with Quicken Loans (Rocket Mortgage) starts by filling out an online application. You’ll provide financial documents and details about your property. After reviewing your application, the company will offer loan options, and once you choose one, they’ll guide you through the approval and closing stages.
Does Quicken Loans Offer Reverse Mortgages?
No, Quicken Loans (Rocket Mortgage) does not currently offer reverse mortgages. Reverse mortgages are a specific loan product that allows homeowners aged 62 and older to convert part of their home equity into loan payments. For this product, you would need to look to other specialized lenders.
Does Quicken Loans Offer USDA Loans?
Yes, Quicken Loans (Rocket Mortgage) offers USDA loans. These loans are available for rural and suburban homebuyers who meet certain income and property requirements. USDA loans typically offer low or no down payment and favorable interest rates, making them a great option for those who qualify.
Is Quicken Loans Better Than Other Mortgage Lenders?
Whether Quicken Loans (Rocket Mortgage) is better than other mortgage lenders depends on your specific needs. The company excels with its digital process, fast approvals, and customer service. However, rates and loan terms can vary. It’s worth comparing other lenders to find the best deal for your situation.
Can I Apply For A Loan From Quicken Loans Online?
Yes, you can apply for a loan from Quicken Loans (Rocket Mortgage) entirely online. The application process is simple, with the ability to submit documents, track progress, and receive approvals digitally. This makes it a convenient option for those who prefer handling their mortgage entirely from home.
What Are The Fees Associated With A Quicken Loans Mortgage?
Quicken Loans (Rocket Mortgage) charges standard mortgage fees, such as application fees, appraisal fees, and closing costs. These costs can vary based on your loan type and location. It’s important to review the estimated fees during the application process to ensure you understand all costs involved in securing your mortgage.
Does Quicken Loans Offer Fixed-Rate Mortgages?
Yes, Quicken Loans (Rocket Mortgage) offers fixed-rate mortgages. With a fixed-rate mortgage, your interest rate remains the same throughout the term of the loan, providing stability and predictable monthly payments. This is a popular choice for borrowers who prefer consistency in their mortgage payments over time.
Does Quicken Loans Offer Adjustable-Rate Mortgages (ARMs)?
Yes, Quicken Loans (Rocket Mortgage) offers adjustable-rate mortgages (ARMs). With an ARM, the interest rate may change after an initial fixed-rate period, typically 5, 7, or 10 years. ARMs can offer lower initial rates compared to fixed-rate loans, but they come with the risk of rate increases later on.
How Can I Track The Status Of My Loan With Quicken Loans?
You can easily track the status of your loan with Quicken Loans (Rocket Mortgage) by logging into your account online or through the Rocket Mortgage app. You’ll be able to see updates on your loan’s approval, document submission status, and any other important milestones in real-time.
Can I Get A Mortgage With Quicken Loans If I’m Self-Employed?
Yes, you can get a mortgage with Quicken Loans (Rocket Mortgage) if you’re self-employed. They will review your financial documents like tax returns, profit and loss statements, and bank statements to assess your ability to repay the loan. Having good credit and consistent income will help your chances.
Does Quicken Loans Offer First-Time Homebuyer Programs?
Yes, Quicken Loans (Rocket Mortgage) offers first-time homebuyer programs. These programs often come with lower down payment requirements, competitive interest rates, and options like FHA or conventional loans. It’s a great way for new buyers to get into the housing market with financial assistance tailored to their needs.
Does Quicken Loans Require Mortgage Insurance?
Yes, Quicken Loans (Rocket Mortgage) typically requires mortgage insurance for loans with a down payment of less than 20%. The type of mortgage insurance will depend on the loan type (e.g., PMI for conventional loans, FHA mortgage insurance). It helps protect the lender in case of default.
How Do I Pay My Mortgage With Quicken Loans?
You can pay your mortgage with Quicken Loans (Rocket Mortgage) online via their website or mobile app. You can also set up automatic payments, use e-checks, or mail a check. The platform is designed to be user-friendly, making it easy to stay on top of your payments.
Does Quicken Loans Charge Prepayment Penalties?
No, Quicken Loans (Rocket Mortgage) does not charge prepayment penalties. This means you can pay off your mortgage early without incurring extra fees. Whether you’re refinancing or paying off your loan ahead of schedule, you can do so without financial penalties, which is a major advantage for homeowners.
How Can I Get A Lower Interest Rate With Quicken Loans?
To get a lower interest rate with Quicken Loans (Rocket Mortgage), consider improving your credit score, offering a larger down payment, or choosing a shorter loan term. Comparing rates from multiple lenders and locking in a rate during favorable market conditions can also help secure the best possible rate.
Does Quicken Loans Offer Cash-Out Refinancing?
Yes, Quicken Loans (Rocket Mortgage) offers cash-out refinancing. This option allows you to refinance your mortgage for more than you owe and receive the difference in cash. It’s typically used for home improvements, debt consolidation, or large expenses, but keep in mind that it increases your loan balance.
How Do I Check My Loan Balance With Quicken Loans?
You can check your loan balance with Quicken Loans (Rocket Mortgage) by logging into your online account or mobile app. The platform provides a simple overview of your loan, including your balance, remaining payments, and interest, helping you stay updated on your mortgage status and progress.
Does Quicken Loans Offer 30-Year Mortgages?
Yes, Quicken Loans (Rocket Mortgage) offers 30-year mortgages. This is one of the most common mortgage terms, allowing homeowners to spread out payments over three decades. While your monthly payments will be lower, you’ll pay more in interest over the life of the loan, which is something to consider.
What Is The Maximum Loan Amount For A Quicken Loans Mortgage?
The maximum loan amount for a Quicken Loans (Rocket Mortgage) mortgage varies based on the type of loan and the county where the property is located. For conventional loans, the limit is usually around $726,200 in most areas, but it can be higher in certain high-cost regions (up to $1.5 million).
Does Quicken Loans Offer Online Mortgage Management Tools?
Yes, Quicken Loans (Rocket Mortgage) offers robust online mortgage management tools. Their website and app allow you to track your loan status, make payments, check your balance, and review important documents. These tools are designed to keep you in control of your mortgage and help you manage it efficiently.
How Can I Contact Quicken Loans Customer Support?
You can contact Quicken Loans (Rocket Mortgage) customer support by calling their toll-free number, emailing them, or using their online chat feature. They also offer support through their mobile app and website. They’re known for quick responses and helping customers with any questions or issues they may have.
What Is The Average Loan Approval Time With Quicken Loans?
The average loan approval time with Quicken Loans (Rocket Mortgage) is typically fast, with pre-approvals sometimes granted within minutes online. The full approval process generally takes around 7 to 10 business days, depending on the complexity of your application and how quickly you provide necessary documentation.
Does Quicken Loans Offer Home Equity Loans?
No, Quicken Loans (Rocket Mortgage) does not currently offer home equity loans. They focus primarily on mortgages and refinancing options. If you’re interested in a home equity loan, you may need to look for another lender that specializes in these types of loans or consider a home equity line of credit (HELOC).
What Is The Minimum Credit Score For A Quicken Loans Mortgage?
The minimum credit score for a Quicken Loans (Rocket Mortgage) mortgage is typically 620 for conventional loans. However, for FHA loans, the minimum can be as low as 580. The better your credit score, the more favorable your loan terms and interest rates are likely to be.
Can I Change My Loan Terms After Getting A Mortgage With Quicken Loans?
In most cases, you cannot change your loan terms after receiving approval. However, you may be able to refinance your mortgage later to adjust terms like the interest rate or loan duration. Refinancing can help if your financial situation or goals change over time.
What Documents Do I Need To Apply For A Mortgage With Quicken Loans?
To apply for a mortgage with Quicken Loans (Rocket Mortgage), you’ll typically need to provide documents such as proof of income (pay stubs or tax returns), bank statements, employment verification, and details of your debts and assets. The specific requirements will vary depending on the loan type and your financial situation.
Does Quicken Loans Offer Loan Modifications?
Yes, Quicken Loans (Rocket Mortgage) offers loan modifications in certain circumstances. Loan modifications can help if you’re struggling to make your payments by changing your loan terms (e.g., extending the term or lowering your interest rate). It’s best to contact their customer service for specific guidance on loan modification options.
Can I Get A Mortgage With Quicken Loans If I Have A Bankruptcy On My Record?
Yes, you can get a mortgage with Quicken Loans (Rocket Mortgage) if you have a bankruptcy on your record, but it may be more challenging. Generally, you’ll need to wait at least two years after a Chapter 7 bankruptcy or one year after a Chapter 13 bankruptcy to qualify for a loan.
Does Quicken Loans Offer Refinancing For Investment Properties?
Yes, Quicken Loans (Rocket Mortgage) offers refinancing for investment properties. They offer both cash-out and rate-and-term refinancing options for those who own rental properties. However, the process and requirements for investment property refinancing may differ slightly from owner-occupied properties, so it’s best to check with their specialists.
Can I Refinance My Mortgage With Quicken Loans After A Year?
Yes, you can refinance your mortgage with Quicken Loans (Rocket Mortgage) after a year, though it’s important to consider market conditions and your financial situation. Some borrowers may qualify for better rates or lower payments by refinancing early, but there may be fees involved, so it’s good to review your options carefully.
Does Quicken Loans Offer Mortgages For Second Homes?
Yes, Quicken Loans (Rocket Mortgage) offers mortgages for second homes. Second homes generally require a larger down payment (typically around 10% or more), and the approval process can be more stringent compared to primary residences. Still, Quicken Loans offers options to help buyers secure financing for a second property.
How Does Quicken Loans’ Rocket Mortgage Work?
Rocket Mortgage simplifies the home loan process by allowing borrowers to apply entirely online. You provide your information, upload documents, and get approved faster than traditional methods. It uses technology to speed up the process and help you choose the best mortgage option based on your financial situation.
What Are The Benefits Of Using Quicken Loans For A Mortgage?
The benefits of using Quicken Loans (Rocket Mortgage) include a streamlined online process, fast approvals, and a variety of loan options. Their customer service is also highly rated, and they offer a digital platform that lets you manage your mortgage easily from anywhere. Their flexibility can suit different borrower needs.
Does Quicken Loans Offer Home Improvement Loans?
While Quicken Loans (Rocket Mortgage) doesn’t offer specific home improvement loans, they do offer cash-out refinancing, which can be used for home improvements. If you have equity in your home, you can refinance to take out cash, which can then be used for renovations or upgrades to your property.
Can I Get A Mortgage From Quicken Loans With A Co-Signer?
Yes, Quicken Loans (Rocket Mortgage) allows co-signers on mortgages. A co-signer can help strengthen your application if you have a lower credit score or income. Keep in mind that the co-signer will be responsible for the loan if you default, so it’s important to consider this before proceeding.
Does Quicken Loans Offer Loans For Manufactured Homes?
Yes, Quicken Loans (Rocket Mortgage) does offer loans for manufactured homes, though specific requirements may apply. Typically, the home must be permanently affixed to land, and the borrower must meet certain criteria. They offer both FHA and conventional loan options for manufactured homes, depending on your eligibility.
What Is The Debt-to-Income Ratio Quicken Loans Accepts?
Quicken Loans (Rocket Mortgage) typically accepts a debt-to-income (DTI) ratio of up to 50%. A DTI ratio is the percentage of your monthly income that goes toward debt payments. The lower your DTI, the better your chances of qualifying for a mortgage with favorable terms and interest rates.
How Do I Cancel A Loan Application With Quicken Loans?
If you want to cancel your loan application with Quicken Loans (Rocket Mortgage), you can contact their customer service team directly. They will guide you through the process and confirm that your application has been canceled. It’s important to act quickly, as applications in progress may already be processed.
Does Quicken Loans Offer Interest-Only Mortgages?
No, Quicken Loans (Rocket Mortgage) does not currently offer interest-only mortgages. Interest-only mortgages allow borrowers to pay only the interest for a period, which can lower initial payments. However, Rocket Mortgage primarily offers conventional, FHA, VA, and other traditional mortgage options, which require principal and interest payments.
Does Quicken Loans Offer Bridge Loans?
No, Quicken Loans (Rocket Mortgage) does not offer bridge loans. A bridge loan is a short-term loan that helps homeowners buy a new home before selling their current one. For this type of financing, you would need to explore other lenders or banks that specialize in bridge loan products.
Can I Get A Mortgage With Quicken Loans If I’m A New Immigrant?
Yes, Quicken Loans (Rocket Mortgage) can offer mortgages to new immigrants, but you will need to meet specific requirements. This often includes proving your income, creditworthiness, and providing necessary documentation like work permits or green cards. It’s best to contact Rocket Mortgage directly for more personalized guidance.
Does Quicken Loans Offer Green Mortgages For Energy-Efficient Homes?
Yes, Quicken Loans (Rocket Mortgage) offers financing options for energy-efficient homes, including Green Mortgages. These loans may provide additional benefits for homes with energy-efficient features or improvements. You may qualify for a better rate or loan terms if your home meets certain green building standards or uses energy-saving technologies.
Does Quicken Loans Offer Low-Interest Rates For Military Veterans?
Yes, Quicken Loans (Rocket Mortgage) offers special mortgage options for military veterans, including VA loans. These loans typically offer low or no down payment, no private mortgage insurance, and competitive interest rates. They’re designed to help veterans and active military members secure affordable home financing.
How Do I Refinance My Mortgage With Quicken Loans?
To refinance your mortgage with Quicken Loans (Rocket Mortgage), start by applying online. You’ll need to provide documentation like your current loan balance, income, and credit details. After reviewing your application, Rocket Mortgage will offer refinancing options based on your financial profile, and you can select the option that works best.
Does Quicken Loans Offer Mortgages For People With Student Loan Debt?
Yes, Quicken Loans (Rocket Mortgage) offers mortgages for people with student loan debt. Your student loans are considered part of your debt-to-income ratio, so it’s important to keep your monthly payments manageable. Rocket Mortgage offers options to help borrowers with student loans qualify for home financing based on their overall financial picture.
Final Thoughts
In summary, Quicken Loans has transformed into Rocket Mortgage, leading the charge in online mortgage lending. With a focus on technology and customer service, they provide a range of loan options that cater to various needs. If you’re comfortable with an online-only experience and looking for a straightforward mortgage process, Rocket Mortgage could be a great fit for you!