What is Rocket Mortgage? Rocket Mortgage® is an online mortgage experience and America's largest mortgage lender1. Rocket Mortgage® isn't a calculator; it's a way to get a mortgage. Just tell us about yourself, your home and your finances, and we'll give you real interest rates and numbers – not just our best guess.

Is Rocket Mortgage the Same as Quicken? Yes. Rocket Mortgage used to be called Quicken Loans. However, the corporate name was changed in May 2021 so as to be consistent with the name of its parent company, Rocket Companies.

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

Quicken Loans officially changed its name to Rocket Mortgage as a nod to what the company does best – take a complicated process and make it simpler and faster using technology.

Rocket Mortgage is an online direct-lending platform for residential mortgages and home loan products. 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.

Rocket Mortgage has closed more than $1.6 trillion in home loans since 1985 and services more than 2.4 million families' mortgages every month. Rocket Mortgage net client retention rate was 97% over the 12 months ended June 30, 2023.

fair credit scores Rocket Loans is best for borrowers with fair credit scores who need money fast. Rocket Loans is transparent about its loan process. It also serves borrowers with fair credit scores as low as 640.

The top competitors of Rocket Mortgage include Better Mortgage, Clara, LoanSnap, Tomo and Kiavi. Rocket Mortgage has 445 active competitors. Here is a list of the top 10 competitors of Rocket Mortgage, ranked by Tracxn score: Better Mortgage - New York City based, 2014 founded, Series E company.

Quicken Personal Finance and Money Management Software.

Rocket Mortgage is an online direct-lending platform for residential mortgages and home loan products. 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.

Rocket Mortgage Largest Mortgage Lenders in the U.S. by Dollar Amount, 2022, HMDA Data

Rocket Loans is best for borrowers with fair credit scores who need money fast. Rocket Loans is transparent about its loan process. It also serves borrowers with fair credit scores as low as 640. But consumers with excellent credit can likely get a personal loan with lower fees elsewhere.