Client central rocket homes full#

Those borrowers are eligible to receive an additional 0.5% lender paid credit if they use Rocket Mortgage’s verified approval or RateShield letter. Rocket says there are more than 20,000 partner agents through its Rocket Homes business.īorrowers who opt to use their own agent can also qualify to receive a smaller closing credit if the agent refers them to Rocket Mortgage, equal to 0.25% of their loan amount. “With BUY+, Rocket Mortgage is making this process a lot easier to achieve, lowering a hurdle for those who are ready for a home of their own.” “There are way too many people across the country who are looking forward to buying a home – and could comfortably make the monthly payments – but are still on the long road to saving for the upfront costs,” said Bob Walters, CEO of Rocket Mortgage.

Client central rocket homes full#

(To receive the full $10,000 closing credit, a buyer would need to receive a mortgage north of $666,000.) If they work with a Rocket Homes partner agent, they’d receive nearly $5,000 toward their closing costs. Through Rocket’s new “BUY+” program, clients who obtain purchase financing from Rocket Mortgage and find a home with a Rocket Homes partner real estate agent, will receive a credit equal to 1.5% of their loan amount to put toward closing costs, helping defray upfront costs.įor example, a homebuyer who puts 5% down on a $350,000 home would have a loan of $332,500. Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes.