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Fortunately, Rocket Mortgage is backed by one of the most reputable mortgage lenders in the industry. Its connection to Quicken Loans is strong evidence that it is a legitimate company, earning its license NMLS ID# 1617539.Should I use Rocket Mortgage?
Should I Use Rocket Mortgage It is recommended for financing major one-off expenses, including home renovations or repairs, medical bills, repayment of credit card debt, or funding college tuition. The main reason to take out a home equity loan is that it offers a cheaper way of borrowing cash than an unsecured personal loan.Does Rocket Mortgage require an appraisal?
After you apply with Rocket Mortgage ® and get approved, Quicken Loans ® will order an appraisal on your behalf, if it's required for your loan. By law, appraisers must be an independent third party not affiliated with you or your mortgage company.Does Rocket Mortgage do land loans?
Although Rocket Mortgage ® does not offer land loans, you can learn more about various loan types for all of your needs in the Rocket Mortgage ® Learning Center. Get approved to buy a home. Rocket Mortgage ® lets you get to house hunting sooner.