Rocket Mortgage

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Rocket Mortgage

Overall Rating

4.5

713 Customer Reviews

Summary

Rocket Mortgage has an excellent reputation for customer service and ease of use, as well as a unique in-house mortgage for which you can choose the length of repayment.

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Customer Reviews

4.5 Stars out of 713 Reviews
5 Star:79% 4 Star:7% 3 Star:3% 2 Star:2% 1 Star:6%
89% Recommend This Company
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Posted on Sep 23, 2020

Quicken - Rocket Mortgage is the best in the business

By Ashish J., Washington DC, Verified Reviewer

I have contacted about 5 lenders, but I received the best response from Quicken. Some lenders will say we will give you the cheapest rate, but beware of who is servicing it (Redfin). Some people go absconding after collecting your documents (New American Funding), and some just do not care (BofA/Apple FCU). Quicken has a dedicated team at each step of the process and they even help you with boosting your credit score.

Length of Use: Less than 3 months

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Dedicated teams for each step of the process

Quick response to queries

Professionalism

No “cons” were specified in this review

Helpful Review? 1 Person Has Voted

Posted on Sep 22, 2020

Easy and very helpful!

By Jessica L., London, KY, Verified Reviewer

This was our first time buying a home and Rocket Mortgage and their team made it super easy with the to-do list and anytime we had questions they responded super fast! I definitely recommend Rocket Mortgage!

Length of Use: Less than 3 months

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Easy to do list

Fast customer service

Friendly staff

We did not know we had to pay for our interest rate, we saw in our closing $5000 of it was for our interest rate

Helpful Review? 1 Person Has Voted

Posted on Sep 22, 2020

Fast and easy

By Stephen M., Columbus, GA, Verified Reviewer

Did a refinance, cut 7 years and $66k off the loan. Very simple process. Fast and easy, closed in less than a month. Everything online makes the process easy.

Length of Use: Less than 3 months

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Speed

No out-of-pocket

Closing at my house

Lack of communication setting up closing

Helpful Review? 1 Person Has Voted

Posted on Sep 21, 2020

Excellent

By Erik M., Chesapeake, VA, Verified Reviewer

Very friendly, knowledgeable, and proactive agents are what set this mortgage company apart. Also, the process for refinancing is easy.

Length of Use: 2+ years

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Proactive

Knowledgeable

Friendly

No “cons” were specified in this review

Helpful Review? 1 Person Has Voted

Posted on Sep 17, 2020

Inconsistent communication and customer service

By Annie T., Washington, DC, Verified Reviewer

The mortgage support specialist that I started working with months ago was very helpful in the selection of the loan and the origination of the refinancing process. However, it was very hard to get in touch with him after the process was started. I also used the dashboard chat feature many times to try to find out why the process to get ready for closing was taking so long. Although someone typically responded in a few days, they never were able to explain the holdup. I finally spoke to my original mortgage support specialist a few months in, who patched me through to another office that indicated the employment verification request slipped through the cracks. They jump-started the request for information from my employer, but it still took almost another month to have this finalized. In the meantime, I was notified that I was being transferred to a new mortgage support specialist, who I called to check on the status. He returned my voicemail the same day, but his tone was incredibly patronizing, and he told me there was nothing more he could do/no timeline he could give me since the final process was done by a third party and out of his hands. He said I would just need to wait, even though I had been waiting without any answers for more than two months at this point.

As a result, I started a new loan request with another bank. I only ended up sticking with Quicken because they managed to schedule my closing two weeks after that phone call and before my second loan application was finalized. If it weren’t for the convenience factor of the online interface and the fact that I was already with Quicken, I probably would have walked away.

Length of Use: 2+ years

Bottom Line: No, I would not recommend this to a friend

Pros and Cons

The convenient and secure online interface

The fact that they don’t ever transfer the loan

How quick the online application process was

How inconsistent the communication I received was

The rude tone of one individual in particular (Jim L)

Helpful Review? 1 Person Has Voted

Posted on Sep 17, 2020

Great experience

By Thomas S., Plymouth Meeting, PA, Verified Reviewer

I was very happy with the experience I had with Quicken. The process was mostly electronic which made it very convenient and easy. Usually closing on a mortgage is an unpleasant and complicated process. Quicken made it easy and a generally pleasant experience. I was so glad that I refinanced with the new lower APR and used Quicken!

Length of Use: 2+ years

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Very convenient and easy to use

Mortgage baker was very professional and efficient

Rates and fees were competitive

The time to pay off my creditors seemed long

It was not easy to find out how long it would take to pay off creditors

Posted on Sep 16, 2020

There is no worse mortgage company

By William R., Tucson, AZ, Verified Reviewer

I started an application in March. Months went by while they asked for the same paperwork for 3 months. I would receive a "3 days to close" message followed by requests for more info. Finally I begged to be let out and they refunded my money. The next day I received a call asking me to come back. That was 5 MONTHS AGO. Now its' requests for paperwork, wait 2 months, ask for more paperwork. All the while holding a deposit keeping me from taking my business elsewhere. At this stage, I am sending letters begging to STOP the process, no luck. $500.00 gone, no mortgage.

Length of Use: 6–12 months

Bottom Line: No, I would not recommend this to a friend

Pros and Cons

Nice reps

Dishonest

Stalling

Expensive

Posted on Sep 16, 2020

Greatest experience

By Lourdes N., Florida, Verified Reviewer

Very fast, no delays or unnecessary inquiries. I have had four mortgages before and the experience with Rocket Mortgage has been the greatest. Your loan processors are the ones that make your company great. Bob R is an asset to your company. The best, cordial, knowledgeable, respectful; I have no words or space to describe him. Thank you for the great experience.

Length of Use: Less than 3 months

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Bob R.

Fast

Communication

No “cons” were specified in this review

Posted on Sep 15, 2020

Very easy process!

By Connie A., Gainesville, GA, Verified Reviewer

Refinancing my home was simple and easy. Everything is done electronically. The closing attorney visited in my home and it was so convenient!

Length of Use: 2+ years

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Ease of process

Electronic process

Closing attorney comes to me

No “cons” were specified in this review

Posted on Sep 10, 2020

It worked just fine and I could deal with things as I had time

By Paul R., Socorro, NM, Verified Reviewer

I needed this loan during an exceptionally busy time in my life. I needed a solution that I could pursue while balancing home and work demands that were reaching a crescendo given the pandemic and "return to school" and the culmination of a large project at work. I saw the Rocket Mortgage ads and tried it. It was straightforward to go through the process and I got my loan in about a month. Sure it was not without its hiccups, but it did seem smoother than previous mortgage experiences.

Length of Use: Less than 3 months

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

I could apply online whenever I had the time

The Rocket Mortgage website kept track of where I was in the process

The people helping me were responsive to calls and texts

Not knowing the process that I would be passed between a team of people

Although I had a condensed closing time, my loan was funded one day later than expected

I have no idea if the rate I got was very competitive, but I suppose that is my own fault

Posted on Sep 9, 2020

Amazing!

By Clint M., Carson, CA, Verified Reviewer

I can’t believe how easy and pain-free my entire experience was. From the initial application until the final closing, I couldn’t be happier. Thank you.

Length of Use: Less than 3 months

Bottom Line: Yes, I would recommend this to a friend

Pros and Cons

Easy to use

Information given right away

Always someone to help

No “cons” were specified in this review

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