Disclosures And Licenses

December, 2023 Onboarding Training

Rocket Pro TPO "Onboarding Training" Sweepstakes Official Rules

Rocket Pro TPO "Onboarding Training" Sweepstakes Official Rules

NO PURCHASE OF ANY KIND NECESSARY TO ENTER OR WIN. ATTENDANCE IS NOT REQUIRED TO WIN. PURCHASE OR ATTENDANCE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED OR RESTRICTED BY LAW.

1. Void Where Prohibited or Restricted by Law. All federal, state, provincial, and local laws and regulations apply to the Sweepstakes. The Sweepstakes is void in any state, province, or local jurisdiction where it is prohibited or restricted by law or regulation. This sweepstakes is not open to the public.

2. Sponsor/Eligibility

1.Sponsor. The Sweepstakes is sponsored by Rocket Pro TPO, 662 Woodward Ave., Detroit, MI 48226 (the “Sponsor”). Any questions, comments, complaints or claims regarding the Sweepstakes must be directed to the Sponsor.

2. Eligibility. The Sweepstakes is open to Rocket Pro TPO invitees of the “Onboarding Training” class who are legal residents of the fifty (50) United States and the District of Columbia, who are at least majority age in their state of residence or 18 years, whichever is older, at time of entry, are current Rocket Pro TPO partners. Employees, contractors, directors, officers, and agents of the Sponsor, its parent, affiliates, subsidiaries, distributors, sales representatives, and advertising, promotions and judging agencies and all other service agencies involved with the Sweepstakes, and members of the immediate family (spouse, parent, child, sibling and their respective spouses, regardless of where they reside) and household of each such employee (whether or not related) are not eligible to enter or win.

3. How to Enter. Participants can enter by:

1. Registering and attending the Onboarding Training course, and completing the online activity (provided during the time of Onboarding Training). The webinar registration link and survey link will be provided by Rocket Pro TPO to receive one (1) entry into the Sweepstakes.

2. Sending an email to SimranMehra@RocketMortgage.com with participant‘s name, email, brokerage, NMLS, and company name.

3. Entry period begins November 27, 2023 and ends at 5pm EST, December 22, 2023. Sponsor reserves the right at its sole discretion, to disqualify any individual (and his or her Giveaway entry) who tampers with the entry process. Those who do not follow all of the instructions or abide by these Official Rules or other instructions of Sponsor may be disqualified.

4. Limit: One (1) entry into the Sweepstakes per person during the entire Sweepstakes Period. Automated entries are prohibited, and any use of automated devices will cause disqualification. Entrants may not enter with multiple email addresses, nor may entrants use any other device or artifice to enter multiple times, or as multiple entrants. Any entrant who attempts to enter with multiple email addresses, under multiple identities or uses any device or artifice to register multiple times will be disqualified and forfeits any and all prizes won, in Sponsor’s sole discretion. Multiple entrants are not permitted to share the same email address. Should multiple users of the same email account enter the Sweepstakes and a dispute thereafter arises regarding the identity of the entrant, the authorized account holder of said email account at the time of entry will be considered the entrant. “Authorized Account Holder” is defined as the natural person who is assigned an email address by an Internet access provider, online service provider, or other organization which is responsible for assigning email addresses or the domain associated with the submitted email address. Potential winner may be required to show proof of being the Authorized Account Holder.

5. Sweepstakes Prizes. Four (4) winners will be randomly selected from the pool of all eligible Sweepstakes entries. Each winner will receive one (1) prize/credit: (1) Underwriting/Origination Fee Credit. Aggregated Retail Value (“ARV”) for this prize is $1,050 for full documentation Conventional, FHA and Jumbo Smart loans or $950 for VA loans. This fee credit must be applied to a loan registered between December 26th and end of business January 26th, 2024.

Winner Announcement. Winners will be contacted via email by December 26, 2023.
Prize Delivery. Sponsor will email winner an announcement email. Winner will receive instructions via email to claim prize.
Sponsor is not responsible for any change of email address, and/or telephone number of Entrants.
Aggregated Retail Value (ARV) of Prize $4,200.00

6. Winners Selection. On Tuesday, December 26, 2023, Sponsor will randomly select four (4) winners in a random drawing from among all eligible Sweepstakes entries received via all entry methods. Odds of winning depend on the number of eligible entries received. The winners will be notified via email on Monday, December 26, 2023. Potential winner is subject to verification. If a potential winner is found not to be eligible or not in compliance with these Official Rules, if attempted notification or any prize is returned as undeliverable, if any required documents are not returned within the required number of days, if a winner cannot be verified, or if a winner is otherwise unable or unwilling to accept and claim prize as stated, then winner may be disqualified and the prize may be forfeited in Sponsor’s sole discretion. Winner may be required to complete, sign, and return an Affidavit of Eligibility/Liability Release, and where lawful, a Publicity Release, within ten (10) business days of attempted notification or prize may be forfeited. Sponsor is not responsible for any change of email address, mailing address, and/or telephone number of entrants.

7. General Sweepstakes Provisions. Sponsor reserves the right, in its sole discretion to cancel or suspend this Sweepstakes should fraud, virus, bugs or other causes beyond the control of Sponsor corrupt the administration, security or proper administration of the Sweepstakes. Sponsor reserves the right at its sole discretion, to disqualify any individual (and all of his or her entries) who tampers with the entry process or any entry method that interferes with the Sweepstakes legitimate fair play. Participants may not register with multiple email addresses nor may entrants use any other device or artifice to register multiple times or as multiple registrants. Any participants who attempts to enter with multiple email address under multiple identities or any device or artifice to register/play multiple times will be disqualified and forfeits any and all prizes won, in Sponsor’s discretion. Automated entries are prohibited and use of any automated or computer system to participate is prohibited and will result in disqualification if detected. All entries shall be the property of the Sponsor and will not be returned. Sponsor and their agencies are not responsible for lost, late, incomplete, damaged, stolen or misdirected entries; lost, interrupted, or unavailable network, server, or other connections, garbled transmissions or miscommunications, telephone transmission problems; computer or software malfunctions or damage to a user’s computer equipment (software or hardware); technical failures; or other errors or malfunctions of any kind whether human, mechanical, electronic, or otherwise or any incomplete or inaccurate information resulting from the same. Proof of sending or submission of Entry will not be deemed proof of receipt by Sponsor. Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision. Sponsors decisions are final in all matters relating to this Sweepstakes.

8. Limitation of Liability/Release. No liability or responsibility is assumed by Sponsor or the Sweepstakes administrators (if any) resulting from an individual’s participation or attempt to participate in the Sweepstakes. Sponsor is not responsible for any errors in these Official Rules, the Sweepstakes Material, or the announcement of winners. As a condition of participation in the Sweepstakes, participants agree (and agree to confirm in writing, if asked) to abide by, and be bound by, these Official Rules and: (A) to release Sponsor, its affiliates, subsidiaries, retailers, sales representatives, distributors, and each of their officers, directors, employees and agents (collectively, the “Sweepstakes Entities”), from any and all liability, loss or damage incurred with respect to participation in this Sweepstakes and/or the awarding, receipt, possession, and/or use or misuse of a prize or any item redeemed therewith; (B) that under no circumstances will a participant be permitted to obtain awards for, and participant hereby knowingly and expressly waives all right to seek and/or claim, punitive, incidental, consequential, special, or any other damages (other than actual out-of-pocket expenses), and/or any other damages multiplied or otherwise increased; (C) that all causes of action arising out of, or connected with this Sweepstakes, or any prize awarded shall be resolved individually without resort to any form of class action; (D) any and all claims, judgments, and awards shall be limited to actual out-of-pocket costs incurred, excluding attorneys‘ fees and court costs; (E) BY ACCEPTING A PRIZE, A PRIZE WINNER ACCEPTS ANY AND ALL RISKS, INCLUDING THE RISK OF PERSONAL INJURY AND/OR DEATH, AND AGREES THAT SPONSOR AND/OR THE SWEEPSTAKES ENTITITES SHALL NOT, IN ANY WAY, BE RESPONSIBLE FOR ANY RESULTING INJURY AND/OR DEATH; (F) that by entering the Sweepstakes, the Sponsor and the Sweepstakes administrator (if any) have the sole right to decide all matters relating to the Sweepstakes, including fact, interpretation, eligibility, procedure, fulfillment and disputes from the Sweepstakes.

9. Binding Arbitration: Any controversy or claim arising out of or relating to this Sweepstakes shall be settled by binding arbitration in a location determined by the arbitrator as set forth herein (provided that such location is reasonably convenient for claimant), or at such other location as may be mutually agreed upon by the parties, in accordance with the procedural rules for commercial disputes set forth in the Comprehensive Arbitration Rules and Procedures of JAMS (“JAMS Rules and Procedures”) then prevailing, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The arbitrator shall be selected pursuant to the JAMS Rules and Procedures. The arbitrator shall apply Michigan law consistent with the Federal Arbitration Act and applicable statutes of limitations, and shall honor claims of privilege recognized at law. In the event that the claimant is able to demonstrate that the costs of arbitration will be prohibitive as compared to the costs of litigation, Sponsor will pay as much of the claimant’s filing and hearing fees in connection with the arbitration as the arbitrator deems necessary to prevent the arbitration from being cost-prohibitive. If any part of this arbitration provision is deemed to be invalid, unenforceable or illegal (other than that claims will not be arbitrated on a class or representative basis), or otherwise conflicts with the rules and procedures established by JAMS, then the balance of this arbitration provision shall remain in effect and shall be construed in accordance with its terms as if the invalid, unenforceable, illegal or conflicting provision were not contained herein. If, however, the portion that is deemed invalid, unenforceable or illegal is that claims will not be arbitrated on a class or representative basis, then the entirety of this arbitration provision shall be null and void, and neither claimant nor Sponsor shall be entitled to arbitrate their dispute. Upon filing a demand for arbitration, all parties to such arbitration shall have the right of discovery, which discovery shall be completed within sixty days after the demand for arbitration is made, unless further extended by mutual agreement of the parties. THE ARBITRATION OF DISPUTES PURSUANT TO THIS PARAGRAPH SHALL BE IN THE ENTRANT’S INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE OR JOIN THE CLAIMS OF OTHER PERSONS OR PARTIES WHO MAY BE SIMILARLY SITUATED. DO NOT ENTER THIS SWEEPSTAKES IF YOU DO NOT AGREE TO HAVE ANY CLAIM OR CONTROVERSY ARBITRATED IN ACCORDANCE WITH THESE OFFICIAL RULES. BY PARTICIPATING IN THE SWEEPSTAKES, EACH ENTRANT AGREES THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW: (1) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION ARISING OUT OF OR CONNECTED WITH THE SWEEPSTAKES, OR ANY PRIZE AWARDED, WILL BE RESOLVED INDIVIDUALLY THROUGH BINDING ARBITRATION AS SET FORTH ABOVE, WITHOUT RESORT TO ANY FORM OF CLASS ACTION AND (2) ENTRANT'S REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES (IF ANY) AND ENTRANT IRREVOCABLY WAIVES ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY, SO SUCH LANGUAGE MAY NOT APPLY TO EVERY ENTRANT.

10. Governing Law & Jurisdiction. This Sweepstakes and its Official Rules are governed by US law and are subject to all applicable federal, state and local laws and regulations. All issues and questions concerning the construction, validity, interpretation and enforceability of the Sweepstakes Official Rules, or the rights and obligations of participants and Sponsor in connection with the Sweepstakes, shall be governed by, and construed in accordance with, the laws of the State of Michigan, U.S.A., without giving effect to the conflict of laws rules thereof, and any matters or proceedings which are not subject to arbitration as set forth in Section 7 of these Official Rules and/or for entering any judgment on an arbitration award, shall take place in the State of Michigan, in the City of Detroit.

Copyright ©2023 Rocket Mortgage, LLC. Rocket Mortgage ® and other trademarks and/or logos used herein are trademarks/logos of Rocket Mortgage, LLC. in the United States and/or other countries. All rights reserved.

November, 2023 Onboarding Training

Rocket Pro TPO "Onboarding Training" Sweepstakes Official Rules Training

NO PURCHASE OF ANY KIND NECESSARY TO ENTER OR WIN. ATTENDANCE IS NOT REQUIRED TO WIN. PURCHASE OR ATTENDANCE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED OR RESTRICTED BY LAW.

Void Where Prohibited or Restricted by Law. All federal, state, provincial, and local laws and regulations apply to the Sweepstakes. The Sweepstakes is void in any state, province, or local jurisdiction where it is prohibited or restricted by law or regulation. This sweepstakes is not open to the public.
Sponsor/Eligibility
1. Sponsor. The Sweepstakes is sponsored by Rocket Pro TPO, 662 Woodward Ave., Detroit, MI 48226 (the “Sponsor”). Any questions, comments, complaints or claims regarding the Sweepstakes must be directed to the Sponsor.
2. Eligibility. The Sweepstakes is open to Rocket Pro TPO invitees of the “Onboarding Training” class who are legal residents of the fifty (50) United States and the District of Columbia, who are at least majority age in their state of residence or 18 years, whichever is older, at time of entry, are current Rocket Pro TPO partners. Employees, contractors, directors, officers, and agents of the Sponsor, its parent, affiliates, subsidiaries, distributors, sales representatives, and advertising, promotions and judging agencies and all other service agencies involved with the Sweepstakes, and members of the immediate family (spouse, parent, child, sibling and their respective spouses, regardless of where they reside) and household of each such employee (whether or not related) are not eligible to enter or win.
How to Enter. Participants can enter by:
1. Registering and attending the Onboarding Training course, and completing the online activiy (provided during the time of Onboarding Training). The webinar registration link and survey link will be provided by Rocket Pro TPO to recieve one (1) entry into the Sweepstakes.
2. Sending an email to SimranMehra@RocketMortgage.com with participant‘s name, email, brokerage, NMLS, and company name.
3. Entry period begins October 30, 2023 and ends at 2pm EST, November 15, 2023. Sponsor reserves the right at its sole discretion, to disqualify any individual (and his or her Giveaway entry) who tampers with the entry process. Those who do not follow all of the instructions or abide by these Official Rules or other instructions of Sponsor may be disqualified.
Limit: One (1) entry into the Sweepstakes per person during the entire Sweepstakes Period. Automated entries are prohibited, and any use of automated devices will cause disqualification. Entrants may not enter with multiple email addresses, nor may entrants use any other device or artifice to enter multiple times, or as multiple entrants. Any entrant who attempts to enter with multiple email addresses, under multiple identities or uses any device or artifice to register multiple times will be disqualified and forfeits any and all prizes won, in Sponsor’s sole discretion. Multiple entrants are not permitted to share the same email address. Should multiple users of the same email account enter the Sweepstakes and a dispute thereafter arises regarding the identity of the entrant, the authorized account holder of said email account at the time of entry will be considered the entrant. “Authorized Account Holder” is defined as the natural person who is assigned an email address by an Internet access provider, online service provider, or other organization which is responsible for assigning email addresses or the domain associated with the submitted email address. Potential winner may be required to show proof of being the Authorized Account Holder.
Sweepstakes Prizes. Four (4) winners will be randomly selected from the pool of all eligible Sweepstakes entries. Each winner will receive one (1) prize/credit: (1) Underwriting/Origination Fee Credit. Aggregated Retail Value (“ARV”) for this prize is $1,050 for full documentation Conventional, FHA and Jumbo Smart loans or $950 for VA loans. This fee credit must be applied to a loan registered between November 20^th and end of business December 20^th, 2023.
- Winner Announcement. Winners will be contacted via email by November 20, 2023.
- Prize Delivery. Sponsor will email winner an announcement email. Winner will receive instructions via email to claim prize.
- Sponsor is not responsible for any change of email address, and/or telephone number of Entrants.
- Aggregated Retail Value (ARV) of Prize $4,200.00
Winners Selection. On Monday, November 20, 2023, Sponsor will randomly select four (4) winners in a random drawing from among all eligible Sweepstakes entries received via all entry methods. Odds of winning depend on the number of eligible entries received. The winners will be notified via email on Monday, November 20, 2023. Potential winner is subject to verification. If a potential winner is found not to be eligible or not in compliance with these Official Rules, if attempted notification or any prize is returned as undeliverable, if any required documents are not returned within the required number of days, if a winner cannot be verified, or if a winner is otherwise unable or unwilling to accept and claim prize as stated, then winner may be disqualified and the prize may be forfeited in Sponsor’s sole discretion. Winner may be required to complete, sign, and return an Affidavit of Eligibility/Liability Release, and where lawful, a Publicity Release, within ten (10) business days of attempted notification or prize may be forfeited. Sponsor is not responsible for any change of email address, mailing address, and/or telephone number of entrants.
General Sweepstakes Provisions. Sponsor reserves the right, in its sole discretion to cancel or suspend this Sweepstakes should fraud, virus, bugs or other causes beyond the control of Sponsor corrupt the administration, security or proper administration of the Sweekstakes. Sponsor reserves the right at its sole discretion, to disqualify any individual (and all of his or her entries) who tampers with the entry process or any entry method that interferes with the Sweepstakes legitimate fair play. Participants may not register with multiple email addresses nor may entrants use any other device or artifice to register multiple times or as multiple registrants. Any participants who attempts to enter with multiple email address under multiple identities or any device or artifice to register/play multiple times will be disqualified and forfeits any and all prizes won, in Sponsor’s discretion. Automated entries are prohibited and use of any automated or computer system to participate is prohibited and will result in disqualification if detected. All entries shall be the property of the Sponsor and will not be returned. Sponsor and their agencies are not responsible for lost, late, incomplete, damaged, stolen or misdirected entries; lost, interrupted, or unavailable network, server, or other connections, garbled transmissions or miscommunications, telephone transmission problems; computer or software malfunctions or damage to a user’s computer equipment (software or hardware); technical failures; or other errors or malfunctions of any kind whether human, mechanical, electronic, or otherwise or any incomplete or inaccurate information resulting from the same. Proof of sending or submission of Entry will not be deemed proof of receipt by Sponsor. Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision. Sponsors decisions are final in all matters relating to this Sweekstakes.
Limitation of Liability/Release. No liability or responsibility is assumed by Sponsor or the Sweepstakes administrators (if any) resulting from an individual’s participation or attempt to participate in the Sweepstakes. Sponsor is not responsible for any errors in these Official Rules, the Sweepstakes Material, or the announcement of winners. As a condition of participation in the Sweepstakes, participants agree (and agree to confirm in writing, if asked) to abide by, and be bound by, these Official Rules and: (A) to release Sponsor, its affiliates, subsidaries, retailers, sales representatives, distributors, and each of their officers, directors, employees and agents (collectively, the the “Sweepstakes Entities”), from any and all liability, loss or damage incurred with respect to participation in this Sweepstakes and/or the awarding, receipt, posession, and/or use or misuse of a prize or any item redeemed therewith; (B) that under no circumstances will a participant be permitted to obtain awards for, and participant hereby knowingly and expressly waives all right ot seek and/or claim, punitive, incidential, consequential, special, or any other damages (other than actual out-of-pocket expenses), and/or any other damages multiplied or otherwise increased; (C) that all causes of action arising out of, or connected with this Sweepstakes, or any prize awarded shall be resolved individually without resort to any form of class action; (D) any and all claims, judgments, and awards shall be limited to actual out-of-pocket costs incurred, excluding attorneys‘ fees and court costs; (E) BY ACCEPTING A PRIZE, A PRIZE WINNER ACCEPTS ANY AND ALL RISKS, INCLUDING THE RISK OF PERSONAL INJURY AND/OR DEATH, AND AGREES THAT SPONSOR AND/OR THE SWEEPSTAKES ENTITITES SHALL NOT, IN ANY WAY, BE RESPONSIBLE FOR ANY RESULTING INJURY AND/OR DEATH; (F) that by entering the Sweepstakes, the Sponsor and the Sweepstakes administrator (if any) have the sole right to decide all matters relating to the Sweepstakes, including fact, interpretation, eligibility, procedure, fulfillment and disputes from the Sweepstakes.
Binding Arbitration: Any controversy or claim arising out of or relating to this Sweepstakes shall be settled by binding arbitration in a location determined by the arbitrator as set forth herein (provided that such location is reasonably convenient for claimant), or at such other location as may be mutually agreed upon by the parties, in accordance with the procedural rules for commercial disputes set forth in the Comprehensive Arbitration Rules and Procedures of JAMS (“JAMS Rules and Procedures”) then prevailing, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The arbitrator shall be selected pursuant to the JAMS Rules and Procedures. The arbitrator shall apply Michigan law consistent with the Federal Arbitration Act and applicable statutes of limitations, and shall honor claims of privilege recognized at law. In the event that the claimant is able to demonstrate that the costs of arbitration will be prohibitive as compared to the costs of litigation, Sponsor will pay as much of the claimant’s filing and hearing fees in connection with the arbitration as the arbitrator deems necessary to prevent the arbitration from being cost-prohibitive. If any part of this arbitration provision is deemed to be invalid, unenforceable or illegal (other than that claims will not be arbitrated on a class or representative basis), or otherwise conflicts with the rules and procedures established by JAMS, then the balance of this arbitration provision shall remain in effect and shall be construed in accordance with its terms as if the invalid, unenforceable, illegal or conflicting provision were not contained herein. If, however, the portion that is deemed invalid, unenforceable or illegal is that claims will not be arbitrated on a class or representative basis, then the entirety of this arbitration provision shall be null and void, and neither claimant nor Sponsor shall be entitled to arbitrate their dispute. Upon filing a demand for arbitration, all parties to such arbitration shall have the right of discovery, which discovery shall be completed within sixty days after the demand for arbitration is made, unless further extended by mutual agreement of the parties. THE ARBITRATION OF DISPUTES PURSUANT TO THIS PARAGRAPH SHALL BE IN THE ENTRANT’S INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE OR JOIN THE CLAIMS OF OTHER PERSONS OR PARTIES WHO MAY BE SIMILARLY SITUATED. DO NOT ENTER THIS SWEEPSTAKES IF YOU DO NOT AGREE TO HAVE ANY CLAIM OR CONTROVERSY ARBITRATED IN ACCORDANCE WITH THESE OFFICIAL RULES. BY PARTICIPATING IN THE SWEEPSTAKES, EACH ENTRANT AGREES THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW: (1) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION ARISING OUT OF OR CONNECTED WITH THE SWEEPSTAKES, OR ANY PRIZE AWARDED, WILL BE RESOLVED INDIVIDUALLY THROUGH BINDING ARBITRATION AS SET FORTH ABOVE, WITHOUT RESORT TO ANY FORM OF CLASS ACTION AND (2) ENTRANT'S REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES (IF ANY) AND ENTRANT IRREVOCABLY WAIVES ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY, SO SUCH LANGUAGE MAY NOT APPLY TO EVERY ENTRANT.
Governing Law & Jurisdiction. This Sweepstakes and its Official Rules are governed by US law and are subject to all applicable federal, state and local laws and regulations. All issues and questions concerning the construction, validity, interpretation and enforceability of the Sweepstakes Official Rules, or the rights and obligations of participants and Sponsor in connection with the Sweepstakes, shall be governed by, and construed in accordance with, the laws of the State of Michigan, U.S.A., without giving effect to the conflict of laws rules thereof, and any matters or proceedings which are not subject to arbitration as set forth in Section 7 of these Official Rules and/or for entering any judgment on an arbitration award, shall take place in the State of Michigan, in the City of Detroit.

Mortgage Product Disclaimers

ONE+ by Rocket Mortgage: Client will be required to pay a 1% down payment, with the ability to pay a maximum of 3%, and Rocket Mortgage will cover an additional 2% of the client’s purchase price as a down payment. This offer is only available on conventional purchase loans. Primary residence only. Cost of mortgage insurance premium not passed through to client. Offer valid only for home buyers when qualifying income is less than or equal to 80% area median income based on county where property is located. Must lock rate on or after 5/22/2023. Offer only available on loan amounts of $350,000 or less. Not available with any other discounts or promotions. Offer cannot be retroactively applied to previously closed loans or loans that have a locked rate. This is not a commitment to lend. Rocket Mortgage reserves the right to cancel this offer at any time. Acceptance of this offer constitutes the acceptance of these terms and conditions, which are subject to change at the sole discretion of Rocket Mortgage. Additional restrictions/conditions may apply. 

Temporary Buydown: The 3-2-1 temporary rate buydown option and the ability for the buydown to be split and funded by two parties (sellers, builders or real estate agents) is available for clients who lock their rate on or after May 9, 2023. Builder consent and funding is only applicable if they are the seller of the home. Wholesale brokers and clients cannot cover buydowns. Clients choosing a 3-2-1 temporary buydown are eligible to receive an effective rate reduction of 3% for the first year of the mortgage, 2% for the second year and 1% for the third year. Other temporary buydown options are available. Temporary buydowns are eligible for primary residences and second homes for conventional loans and only primary residences for government loans. The 3-2-1 temporary buydown is not available for FHA loans. Buydown funds may not be redeemed for cash or credit and are nontransferable. The new buydown features cannot be retroactively applied to any loans in process or closed loans. Program is subject to changes or cancellation at any time at the sole discretion of Rocket Mortgage. Additional restrictions/conditions may apply. This is not a commitment to lend.

Home Equity Loan: Home Equity Loan product requires full documentation of income and assets, credit score and max LTV/CLTV/HCLTV. Requirements were updated 10/4/2023, and are tiered as follows: 680 minimum FICO with a max LTV/CLTV/HCLTV of 80%, 700 minimum FICO with a max LTV/CLTV/HCLTV of 85%, and 740 minimum FICO with a max LTV/CLTV/HCLTV of 90%. The client's debt-to-income ratio (DTI) must be 45% or below. Valid for loan amounts between $45,000.00 and $350,000.00 (minimum loan amount for properties located in Iowa is $61,000). Product is a second standalone lien and may not be used for piggyback transactions. Guidelines may vary for self-employed individuals. Some mortgages may be considered “higher priced” based on the APOR spread test. Higher priced loans are not allowed on properties located in New York. Additional restrictions apply. Not available in Texas. This is not a commitment to lend.

FHA: The FHA Streamline program may have stricter requirements in some states. In order to qualify for the FHA Streamline program, an immediate .5% minimum reduction in interest and mortgage insurance premium is required. Some states may require an appraisal.

VA: In order to qualify for a VA loan, an eligible veteran must be the main borrower on the loan. Eligible veterans are classified as either active duty (a veteran who is currently active in one of the five military branches or currently participating in the Reserves or National Guard) or retiree-discharged (a veteran who is honorably discharged from the military, Reserves or National Guard). Minimum service requirements vary based on service dates. Spouses of veterans are eligible as long as they’re classified as a “surviving spouse,” which requires that they’re a not-remarried surviving spouse of a veteran who died in active duty or from complications from service-related injuries. The VA will designate Dependents Indemnity Compensation (DIC) to valid “surviving spouse” claims. DIC designation from the VA should be obtained prior to application. Only surviving spouses collecting DIC are eligible to obtain a VA loan.

VA Streamline: The VA Streamline program may have stricter requirements in some states. In order to qualify for the VA Streamline program, you must have a VA loan. The VA Streamline is only available on primary residences. Cash-out transactions are not allowed. In order to qualify for a VA Streamline, a 0.5% minimum reduction in interest rate on the previous fixed-rate loan must occur if the new loan will be a fixed rate or a 2% minimum reduction in interest rate on previous adjustable rate mortgage loan must occur; a minimum of 6 months of consective mortgage payments must be paid on the current loan at the time of application. Some states may require an appraisal. Additional restrictions/conditions may apply.

Rocket Mortgage is a VA-approved lender, not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.

YOURgage: Not available on FHA, VA or adjustable rate mortgages. Available for fixed rate conventional products only.

BorrowSmart: Client will receive $500 credit towards down payment if the qualifying income is greater than 50% and less than or equal to 80% of the area median income OR $1,500 if client’s qualifying income is less than or equal to 50% of the area median income. Minimum FICO of 620 is required. Maximum LTV of 97% or 105% with DPA Second Lien. Maximum DTI is 45-50%, as determined by LPA decision. Offer valid on primary residence only. Offer valid on purchase transactions only. Home Possible Investor loan level price adjustments (LLPA) caps may apply. Offer is not valid for correspondent channel. Client is required to complete 1:1 Homebuyer Education Course with GreenPath facilitated by Homeownership Preservation Foundation (HPF). The course has a fee of $99 that must be paid out of pocket by the client at the time of their counseling. Additional required documents include eligibility certification, housing counseling completion certificate, and course receipt all provided to the client from Homeownership Preservation Foundation through email. Offer is nontransferable. Offer cannot be applied retroactively. Offer may not be redeemed for cash, and no change will be given if the discount amount exceeds costs otherwise due. Rocket Mortgage reserves the right to cancel this offer at any time. Acceptance of this offer constitutes the acceptance of these terms and conditions, which are subject to change at the sole discretion of Rocket Mortgage. This is not a commitment to lend. Additional restrictions/conditions may apply.

Self-Employed Assist: To qualify for this product, self-employed borrowers must provide up to 24 months of consecutive bank statements in addition to proof of ownership percentage and business documentation, which require the following: a business license, letter from tax preparer, Secretary of State filing and proof of ownership percentage (your mortgage expert will explain what documents are required for ownership percentage proof). Client must provide business purpose, goods or services, number of employees, location and business existence verification. Offer valid from December 16, 2022. Offer not valid on Texas 50(a)6 loans. Rocket Mortgage reserves the right to make any final lending decisions based on these factors or others. Additional conditions/restrictions may apply. This is not a commitment to lend. This product is not eligible for the Fast 15 promotion.

Purchase Plus: Client will receive a closing cost grant of $5,250 on their Closing Disclosure. Offer is valid for only for first-time home purchasers with primary residence properties in specific census tracks located in Atlanta-Sandy Springs-Roswell, Georgia; Baltimore-Columbia-Towson, Maryland; Chicago-Naperville-Elgin, Illinois, Indiana and Wisconsin; Detroit-Warren-Dearborn, Michigan; Memphis, Tennessee, Missouri and Arkansas; and Philadelphia-Camden-Wilmington, Pennsylvania, New Jersey, Delaware and Maryland. Offer valid from December 21, 2022. Offer is nontransferable. Offer cannot be applied retroactively to closed loans. Offer may not be redeemed for cash, and no change will be given if the discount amount exceeds costs otherwise due. Rocket Mortgage reserves the right to cancel this offer at any time. Other discounts may be ineligible with this offer.

Verified Approval Program: Your client’s participation in the Verified Approval program is based on an underwriter’s comprehensive analysis of their credit, income, employment status, debt, property, insurance and appraisal as well as a satisfactory title report/search. If new information materially changes the underwriting decision resulting in a denial of the credit request, if the loan fails to close for a reason outside of Rocket Mortgage’s control or if the client no longer wants to proceed with the loan, their participation in the program will be discontinued. Verified Approvals expire 60 days from time of approval or based on the credit report expiration date, whichever is first. This offer is not valid for self-employed clients. Rocket Mortgage reserves the right to cancel this offer at any time. Acceptance of this offer constitutes the acceptance of these terms and conditions, which are subject to change at the sole discretion of Rocket Mortgage. This is not a commitment to lend. Additional conditions or exclusions may apply.

Verified Approval 24-Hour Approval: Most clients receive a Verified Approval within 24 hours of receipt of all requested documentation.

Verified Approval with Lock and Shop: Rocket Pro℠ TPO will only lock Verified Approvals. Rate locks are only valid for 45, 60 or up to 90 days. This offer is only valid on 30-year FHA, VA and conventional purchase loan products. Rate lock will automatically expire 30 days after initial lock if loan does not reach folder received status. If the loan flips to purchase after expiration, rate can be re-locked at the greater of worst of market or 0.25pts. Re-registrations will be subject to the standard lock transfer policy. Locks are not eligible to be extended prior to submitting a complete purchase application. This offer is not valid for self-employed clients. This offer is not valid for Padlock, Pinnacle or Paid Extensions while in the Mortgage First Status. 90-day locks are not valid on ARMs and high-balance loans. Additional conditions and exclusions may apply.

Rocket Mortgage State Disclosure Requirements

Rocket Mortgage, LLC is a licensed mortgage lender. The following states require disclosure of licensing information. (If your state is not listed, it doesn’t require a specific license disclosure):

Arkansas – Rocket Mortgage, LLC, 1050 Woodward Avenue, Detroit, MI 48226, (888) 474-0404;
Arizona – Rocket Mortgage, LLC, 1 N Central Ave, Phoenix, AZ 85004, Mortgage Banker License #BK-0902939;
California: Licensed by Dept. of Business Oversight, under the CA Residential Mortgage Lending Act and Finance Lenders Law
Georgia Residential Mortgage Licensee (#11704) – 1050 Woodward Avenue, Detroit, MI 48226;
Colorado – Rocket Mortgage, LLC, NMLS #3030, (888) 474-0404, Regulated by the Division of Real Estate;
Illinois Residential Mortgage Licensee #4127 – Department of Financial and Professional Regulation, 310 S. Michigan Avenue, Suite 2130, Chicago, Illinois, 60604-4278, (312) 793-3000 1050 Woodward Avenue, Detroit, MI 48226;
Kansas – Licensed Mortgage Company, Rocket Mortgage, LLC, Supervised Loan License # SL-0000693;
Maine – Rocket Mortgage, LLC, Supervised Lender License NMLS #3030;
Maryland – Maryland Mortgage Lender License # 5357;
Massachusetts – Rocket Mortgage, LLC, Mortgage Lender License #ML 3030;
Mississippi Registered Mortgage Company;
Nevada – Rocket Mortgage, LLC, 8275 South Eastern Avenue, Office 200, Suite 200, Space 267, Las Vegas, NV 89123, License # 626;
New Hampshire – Licensed by the New Hampshire Banking Department #6743MB;
New Jersey – Rocket Mortgage, LLC, 1050 Woodward Avenue, Detroit, MI 48226, (888) 474-0404, Licensed Mortgage Banker – NJ Banking and Insurance Department;
New York – Rocket Mortgage, LLC, 1050 Woodward Avenue, Detroit, MI 48226, Licensed Mortgage Banker – NYS Banking Department;
North Carolina – North Carolina Mortgage Lender License # L-104757;
Ohio – Rocket Mortgage, LLC, MB 850076;
Oklahoma – Oklahoma Mortgage Lender License # ML002596;
Oregon – Rocket Mortgage, LLC, License No ML-1387;
Pennsylvania – Licensed by the Department of Banking –License #21430;
Rhode Island – Rhode Island Licensed Lender;
Tennessee – Tennessee Mortgage License # 109394;
Texas – Rocket Mortgage, LLC, 1050 Woodward Ave, Detroit, MI 48226;
Virginia – Rocket Mortgage, LLC, NMLS ID #3030; (www.nmlsconsumeraccess.org)
Washington – Consumer Loan Company License CL-3030
Rocket Mortgage Nationwide Mortgage Licensing System Number 3030.

Visit the NMLS access page for more information.

In Texas – CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 N. LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT www.sml.texas.gov. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT www.sml.texas.gov.

Heter Iska

My client is Jewish and wish to obtain a mortgage with Rocket Mortgage. Does Rocket Mortgage have a Heter Iska that complies with the laws of Ribbis?
Yes, Rocket Mortgage has a Heter Iska that is approved by prominent leading Halachic authorities.

How does it work?
For any mortgage loan made to your client by Rocket Mortgage as detailed on the note and all other mortgage loan documents that may violate the Laws of Ribbis, the mortgage loan will instead be structured as an investment.

In exchange for the mortgage funds, your client will manage their real estate and other Halachically permissible investments in the way most advantageous to Rocket Mortgage, and Rocket Mortgage will share any profits and losses from the investment. Under no circumstances will Rocket Mortgage have any liability above the actual funds advanced. If your client make all their payments as provided in the Note, then the Iska terminates and all profits and losses may be retained by your client. The Iska will also terminate when Rocket Mortgage sells the mortgage loan to a party not subject to the Laws of Ribbis.

If you have any further questions you may reach us at (800) 863-4332.