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Warning: Avoid Rocket Mortgage at all costs - Reddit Difference between Rocket Mortgage and a good, local mortgage lender is that we’re gonna remind you about those updated docs we need the very last minute and keep you in the fold
Rocket mortgage? : r FirstTimeHomeBuyer - Reddit Rocket Mortgage is a decent option for FHA buyers, but shop around Get quotes from a local lender or mortgage broker as well $5k is likely cutting it close for an FHA loan - you may need more for the down payment, closing costs, and reserves Focus on improving your credit score too, as that will impact your mortgage rate and costs
Rocket Mortage is awful : r FirstTimeHomeBuyer - Reddit Here's the problem: Rocket Mortgage (and all the affiliated Rocket companies under that umbrella) have high-pressure sales for the following reasons: Not only the mortgage reps, but the processors as well, are employed out of the gate with a 47 5-hour week staring them in the face
Rocket mortgage? : r FirstTimeHomeBuyer - Reddit I feel like Rocket Mortgage preys upon the novice-ness of first time home buyers We used a local lender who is essentially a one-person show and works in a one room office They’re amazing, for us a great rate, answered the phone at all times day night weekends, and worked crazy fast — but I would’ve NEVER found him via Google
Rocket Mortgage: An honest review : r FirstTimeHomeBuyer - Reddit As a first time home buyer and a first generation home buyer, I was absolutely lost when it came to the purchase of my first home Like many other clueless individuals, I turned to google to begin my mortgage lender search Of course, from the first moment I searched the web, rocket mortgage has flooded me with targeted ads So, I caved and went through their pre approval Pre approval was
VA Home Loan. Who do you recommend going through? When it comes to mortgage, especially va loan, my 2 pet peeves are: communication and know throughoutly wtf they are doing Big banks and CU fail both I am talking from my personal experiences with more than 5 VA loans throughout my time Reply reply [deleted] •
Rocket Morgatge : r homeowners - Reddit Seconded, but I'd add that rocket mortgage and other online lenders can be a good source of alternative rates and deals that you can use to leverage your local place into better terms, or confirm how good your local offer is So it's still an ok idea to look at rocket even without the intention of ultimately going with them Reply reply More
Rocket Mortgage : r FirstTimeHomeBuyer - Reddit We are buying a new build home, and started about a year ago We initially worked with Rocket on pre approval and all that, but since it's been so long, we went back to look for new rates this fall I reached out to Rocket and Better mortgage, as well as the local broker that the builders realtor suggested and put me in touch with