Now that Quicken Loans are Rocket Mortgage, any mortgage applications will redirect to the Rocket Mortgage website.
The process started with us filling out personal details, including marital status, current home, financial status, and the house we wanted to purchase. These details initiated a soft credit pull, and we received initial approval. This process took less than five minutes.
We could then sync our bank account to confirm our financial status alongside providing proof of employment. Doing so led us to view all mortgage rates and the products available to us.
The whole process took around 20 minutes. Once we were approved, we had the option to lock our rate for 90 days. At this point, we concentrated on completing all of the required documentation to move forward with closing out the loan. This process included signing the Terms & Conditions and the Loan Agreement.
Overall, we found the process of obtaining a Rocket Mortgage loan to be quick and easy. Rocket Mortgage has utilized modern technology to enhance the experience without making it complicated.