Consumers that are interested in house shopping but are pessimistic due to rising mortgage rates can look to Rocket Mortgage for assistance. Rocket Mortgage is offering customers a program called Rocket Advantage or Rate Shield which lets you lock your interest rate for 90 days while you search for a loan with the option to refinance later for a lower rate.
Visit www.rocketadvantage.com
Benefits of Rate Shield
Lock your interest rate for up to 90 days so you can look for a house
If rates fall during your house shopping you can lower your rate one time during this period.
Through Payment Certainty meaning once your interest rate is locked your monthly payment won’t increase due to a higher interest rate
Verified Approval – your credit is pulled to see what mortgage programs you qualify for
Available on a 30 year conventional, FHA, and VA loans
Benefits of Rate Drop Advantage
Rate Drop Advantage allows Rocket Mortgage customers the option to refinance 4 months after you close and 3 years after your closing date with reduced closing costs. Your Rocket Mortgage loan will cover the following:
- First appraisal costs
- Credit report
- Tax certification
- Mortgage recording fee
How to Get Started with Rocket Advantage
Before getting started with the online application process if you are interested in seeing how much you qualify for try the See What You Qualify For tool on the rocketadvantage.com homepage.
Answer all of the questions and at the end you will receive a rough estimate on how you qualify.
- How to get started
- Visit www.rocketadvantage.com
- Click the Start My Application button
Select the type of loan you’re looking for from the 3 options:
- Refinance a home
- Buy a new home
- Take cash out
Indicate the type of home you have from the following list:
- Single family
- Multifamily
- Condominium
- Townhouse
Click the red Next button
Continue on with the rest of the application process which will require you to enter more personal details such as:
- Name
- Address
- Email address
- Income
- Employer
- Job description
- assets
Other Links for Personal Loans:
www.simplefastloans.com/mailoffer
Contact Rocket Mortgage Customer Service
Help with the operating the RocketAdvantage.com site:
Call 1-800-603-1955
Monday – Friday
8:30am to 9pm EST
Saturday
9am to 4pm EST
Get Rocket Mortgage Loan Advice Help
Call 1-888-452-8179
Monday – Friday
7am to 12am
Saturday
9am to 8pm EST
Sunday
9am to 7pm EST
Online Chat Help
Click the Talk to Us link at the top of the rocketadvantage.com homepage
Click the red Chat With Us button
Available Monday – Friday 7am to 12am EST
Saturday and Sunday 8am to 12am EST
Reference
www.rocketadvantage.com