Opinions on Rocket Mortgages Loan?

[Kendrick Salazar]

Im looking for a loan to get for my first property and time is of an essence.i just wanted to get an idea on the loans from rocket mortage from the experienced individuals on biggerpockets.

Any help is appreciated!

[Andrew Webber]

@Kendrick Salazar

I am a Real Estate Agent and I am going to second the opinion that @Caleb Heimsoth shared. I had one client who didnt heed our advice on avoiding Rocket Mortgage, mentioned that they ran their business out of the home, and accrued and addition $10,000 in fees/points on the loan. Sometimes the local lender may be sightly more expensinve on the interest rate (not even always the case) but their local knowledge is super helpful. 

Also just an FYI in our market you can use the pre-approval of any lender when you submit an offer and then change your lender or commit to someone else after shopping around. most lenders can also provide a pre approval letter in like 15-30 mins. Don't let anything that you mentioned above stop you from following through on a great deal. Make the offer with the preapproval rocket mortgage gave you and then change the lender after. 

Let me know if you have any questions and talk to your local real estate agent to make sure that flies where you are =)