Make Gains With Rocket Pro TPO Products
We provide partners diverse mortgage lending options, competitive rates, and regular promotions.
Our most popular products are outlined below. Contact our team for our full suite of products.
Conventional Loans
10, 15, 20, 25, And 30 Year Fixed
Conforming Fixed
Clients get lower monthly payments and a guaranteed, set interest rate for the life of the loan.
Qualifications:
Min. credit score required: 620
Min. down payment required: 3%
Max. loan amount:
$715,000*
*Subject to county loan limits
5, 7, And 10 Year Adjustable
Conforming Adjustable-Rate Mortgage (ARM)
For high interest rate environments where the mortgage rate starts off higher and can adjust if reduced over time.
Qualifications:
Min. credit score required: 620
Min. down payment required: 5%
Max. loan amount:
$647,200*
*Subject to county loan limits
10, 15, 20, 25, And 30 Year Fixed
High-Balance
For clients who need easier qualifications than a Jumbo Loan.
Benefits:
Min. credit score required: 580*
FICO score as low as 620
Loan-to-value ratio (LTV) up to 80% on cash-out properties
*Non-Rocket Serviced Clients have a minimum FICO of 620.
10, 15, 20, 25, And 30 Year Fixed
Temporary Buydown
Access to a reduced interest rate* for the first one to two years of the loan.
Overview:
Product Options: 1-0 and 2-1
Eligibility: Purchase-only Fannie, Freddie, FHA and VA fixed mortgages.
Example buydown contributors: Real Estate Agents, Home Sellers, Builders
*Additional terms and conditions may apply.
Non-Agency Loans
7 And 10 Year Adjustable
Jumbo Smart ARM
For clients who have loan amounts above high-balance loan limits with an Adjustable-Rate term.
Qualifications:
Min. credit score required: 700
Min. down payment required: 20%
Max. loan amount:
$2M
15 And 30 Year Fixed
Jumbo Smart Fixed
For clients who have loan amounts above high balance loan limits with a Fixed term.
Qualifications:
Min. credit score required: 680
Min. down payment required: 10.01%
Max. loan amount:
$2.5M
Government Loans
Fixed And ARM
FHA
For clients looking to purchase a home or refinance an existing mortgage with a product that has lower barriers to entry.
Qualifications:
Min. credit score required: 580
Min. down payment required: 3.5%
Max. loan amount:
$647,200*
*Subject to county loan limits
Fixed And ARM
VA
For qualified veterans, service members, and spouses.
Qualifications:
Min. credit score required: 580
Min. down payment required: 0%
Max. loan amount:
$647,200*
*Subject to county loan limits
Fixed
FHA Streamline
For clients who want to lower their monthly payments.
Benefits:
Min. credit score required: 580*
No appraisal needed
Reduced documentation requirements
Quicker turn times
*Non-Rocket Serviced Clients have a minimum FICO of 620.
Fixed
VA IRRRL Streamline
For clients who have an existing VA loan and want to lower their payments with a streamlined process.
Benefits:
Can refinance up to 120% of home value
Reduced funding fee is just 0.5% of the loan amount
No appraisal needed
FICO score as low as 620
Custom Term Loans
8-29 Year Fixed
YOURgage Custom Term
For clients who want flexibility outside of the traditional 15 and 30 year loan terms on standard or high-balance conventional loans.
Qualifications:
Min. credit score required: 620-680
Min. down payment required: 3%
Max. loan amount: $647,200*
*Subject to county loan limits
Affordable Loans
30 Year Fixed
Home Possible/Home Ready
For clients looking into affordable financing options for their primary residence. Home Ready and Home Possible supports credit worthy clients in lower income dynamics.
Also available in high-balance.
Qualifications:
Min. credit score required: 620
Min. down payment required: 3%
Max. loan amount: $647,200
30 Year Fixed
BorrowSmart
For clients looking for assistance with a home purchase. Freddie Mac BorrowSmart provides affordable financing for clients by providing down payment assistance and capped limits on investor loan level pricing adjustments.
Qualifications:
Min. credit score required: 620
Min. down payment required: 3%
Max. loan amount: $647,200
Help Clients Save With Private Mortgage Insurance Secured By Rocket
Reduce premiums paid over the life of your clients’ loan with our industry-leading mortgage insurance. For example, average private mortgage insurance (PMI) costs $30–$40 per month, which is equivalent to saving 1/8 interest rate paid.
Every Partner. Every Time. No Exceptions. No Excuses.
We deliver transparent communication, quick resolutions, and laser-focused solutions.
When our partners succeed, we succeed.