What are Rocket Mortgage's terms, fees and conditions? Jumbo loan: 10% minimum down payment required.Conventional loan: 3% minimum down payment required.FHA loan: 3.5% minimum down payment required.VA loan: 0% minimum down payment required.The down payment requirements with Rocket Mortgage are the same standard requirements for all home loans. Minimum down payment requirements for Rocket Mortgage You can get approved for an FHA or VA loan through Rocket Mortgage with a score as low as 580. The minimum credit score for conventional mortgages with Rocket is 620, and 680 for jumbo loans. ARMs, or adjustable-rate mortgage loans.FHA, or Federal Housing Administration loans.Rocket Mortgage offers most types of home loans and is one of the largest online mortgage lenders in the country. For more information about Quicken Loans, please visit, on Twitter at and on Facebook at /QuickenLoans.What types of mortgages does Rocket Mortgage offer? The company moved its headquarters to downtown Detroit in 2010, and now more than 10,000 of its 15,000 team members work in the city’s urban core. It has been recognized as one of Computerworld magazine’s ’100 Best Places to Work in IT’ the past 12 years, ranking No. 5 on FORTUNE magazine’s annual “100 Best Companies to Work For” list in 2016, and has been among the top-30 companies for the last 13 years. Power for the past seven consecutive years, 2010 – 2016, and highest in customer satisfaction among all mortgage servicers the past three years, 2014 – 2016. Quicken Loans ranked “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States by J.D. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company expects its total close loan volume to reach close to $320 billion of mortgage volume across all 50 states between 2013 and the end of 2016. is the nation’s second largest retail home mortgage lender. To apply to any Quicken Loans position, please visit #ĭetroit-based Quicken Loans Inc. “The Charlotte community’s support has helped us become who we are today, and we are all eager to show our appreciation.” “Volunteerism is part of our culture at Quicken Loans,” added Schroeder. Additionally, Quicken Loans made more than $16 million in charitable contributions to more than 250 nonprofits and charities nationally in the past year. Team members are granted and encouraged to take a fully paid day off to volunteer. In 2016, team members contributed nearly 3,000 hours to local charities and community groups in the Charlotte area. Quicken Loans team members possess the same passion for making a difference in their communities as they do serving clients. Quicken Loans, which has grown its Charlotte office to 350 team members, provides mortgages to clients in all 50 states through centralized online lending centers. Power has also named Quicken Loans highest in customer satisfaction among all mortgage servicers in 2014, 20 – each year the company has been eligible. Power ranked Quicken Loans highest in the United States in “customer satisfaction” among all major home loan lenders for primary mortgage origination -a recognition the company has earned the last seven consecutive years (2010 – 2016). This philosophy is evident as earlier this month J.D. “When you take care of your team members and build a workplace that values feedback and encourages innovation, success and team member satisfaction are sure to follow.” “This recognition is about our passionate team members and the hard work they put in every day while serving our clients and each other,” said David Schroeder, Vice President of Quicken Loans Mortgage Services, a Charlotte-based division of Quicken Loans. The results are based primarily on team member surveys that were conducted and evaluated by Quantum Workplace on behalf of The Charlotte Business Journal. – Technology-driven mortgage lender ranks #1 on Charlotte Business Journal’s Best Places to Work list –ĬHARLOTTE, Novem– Quicken Loans, the nation’s second largest retail mortgage lender, today announced that for the second consecutive year it ranked #1 on The Charlotte Business Journal’s ‘2016 Best Places to Work’ list in the extra-large company category.
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