- Rocket Homes Blog (2024)

The Rocket Homes Real Estate LLC main office is located at Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226. Contact: (855) 411-0505. Rocket Homes℠ is a registered trademark licensed to Rocket Homes Real Estate LLC. The Rocket Homes℠ Logo is a service mark licensed to Rocket Homes Real Estate LLC. Rocket Homes Real Estate LLC fully supports the principles of the Fair Housing Act.

Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at help@rockethomes.com.

New York: Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H

TREC: Information about brokerage services, Consumer protection notice

California DRE #01804478 | Hawaii License # RB-23371, Principal Broker: William J Oliver

1Based on Rocket Mortgage data in comparison to public data records.

2Based on Rocket Homes℠ closed client surveys received from 2011-2021.

Apple and the Apple logo are trademarks of Apple Inc. registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Wear OS by Google and Google Play are trademarks of Google LLC.

Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, RockLoans Marketplace LLC (doing business as Rocket Loans) and Rocket Auto LLC are separate operating subsidiaries of Rocket Companies, Inc. (NYSE: RKT). Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation and applicable legal and regulatory requirements.

© 2024 Rocket Homes Real Estate LLC. All Rights Reserved.

- Rocket Homes Blog (2024)

FAQs

Is Rocket Homes the same as Rocket Mortgage? ›

Hawaii License # RB-23371. TREC: Information about brokerage services, Consumer protection notice. Rocket Mortgage, LLC and Rocket Homes Real Estate LLC are separate operating subsidiaries of Rocket Companies, Inc.

What is the concept of home equity? ›

Home equity refers to how much of the value of a home you control compared to that controlled by the lender of the mortgage loan. It consists of any down payment made, the portion of the mortgage payment made that pays down the principal and any appreciation of the value of the home.

What is the downside to Rocket Mortgage? ›

Cons. Getting a customized interest rate requires a credit check, which can affect your credit score. Origination fees are on the high side compared with other lenders, according to the latest federal data. Doesn't offer home equity lines of credit.

Is Rocket Mortgage a Chinese company? ›

Rocket Mortgage, LLC, formerly Quicken Loans, LLC, is an American mortgage lender, headquartered in Detroit, Michigan.

Do you have to pay back a home equity loan? ›

How long do you have to repay a home equity loan? You'll make fixed monthly payments until the loan is paid off. Most terms range from five to 20 years, but you can take as long as 30 years to pay back a home equity loan.

Can you use equity to pay off mortgage? ›

If you have built up equity in your home but still have a mortgage balance to pay off, you may consider using a home equity line of credit (HELOC) to reduce your monthly payments and the overall interest you pay on your loan.

How can I get equity out of my house without refinancing? ›

Yes, there are options other than refinancing to get equity out of your home. These include home equity loans, home equity lines of credit (HELOCs), reverse mortgages, sale-leaseback agreements, and Home Equity Investments.

What is the other name for Rocket Mortgage? ›

Rocket Mortgage was formerly known as Quicken Loans, but officially changed its name in 2021. Owned by Rocket Companies, Rocket Mortgage has grown to become one of the most popular mortgage lenders in America.

What is the new name for Rocket Mortgage? ›

Why did Quicken Loans change its name to Rocket Mortgage? In July 2021, we changed our official company name from Quicken Loans to Rocket Mortgage.

What is the parent company of Rocket Mortgage? ›

Rocket Companies, parent to Rocket Mortgage and other FinTech brands, celebrated its debut on the New York Stock Exchange as a publicly traded entity. Rocket Companies stock began trading under the ticker symbol RKT.

What is the old name for Rocket Mortgage? ›

Quicken Loans® changed its name to Rocket Mortgage®.

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