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Frequently Asked Questions
The company also owns auto financer Rocket Auto and personal loans company Rocket Loans, among other subsidiaries. Quicken Loans first debuted the Rocket Mortgage brand back in 2015 as the name for its new, digital lending process.
Is Quicken Loans a reputable company?Quicken Loans has consistently been awarded the highest customer satisfaction rating among primary mortgage originators the U.S. for 10 straight years, as well as being one of top 20 companies to work for and a top pick for overall best mortgage lenders, according to Consumers Advocate.
Does Rocket Mortgage sell your loan?While lenders do sell the servicing rights to their loans, Rocket Mortgage is proud to service most loans we originate. We’re your lender for life and will stay with you from application until you make your last payment. The mortgage market consists of two parts: a primary and a secondary market.
Does Quicken Loans offer help in refinancing mortgage?Both Better and Quicken Loans offer refinancing, but neither company offers a home equity loan product or home equity line of credit (HELOC) option. If you would like the option to get cash from your home equity, you will need to look into other mortgage lender options. Overall, for a wider variety of loan types, we would recommend Quicken Loans.
