Reddit rocket mortgage

Average Investor wrote: I am closing on a mort

Anyone following rocket mortgage? Seems like a good play for when interest rates start to fall. I’m thinking they will fall a bit more. Seems like they didn’t do much downsizing per their earnings reports as they feel they want to have full strength when the market turns to capture more market share. Just curious what people think in that ...As players fail Rocket will be able to rehire quickly and eat up the slack. Also keep in mind these companies will likely want to sell their servicing books at a discount to stay afloat. Rocket takes those services books not only makes money from collecting the servicing but uses them as new fresh mortgage leads once they see they can save the ...Mortgage Banker/Loan Officer (Remote) (Former Employee) - Detroit, MI - June 6, 2023. Rocket insists you to work 60 to 80 hours per week to make sales goals. Very difficult to take time off. No work life balance. Leadership pretends they care about culture but it's a toxic work environment.

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Rocket mortgage cyber Monday sale. And they still making billions of dollars in profit and do not care whether you buy or short, they are celebrating another record year in profits. 7 P/E. Just crazy that we sitting at mid 15's just assenine. Check where the billions are counting.There are big layoffs happening at RKT (Rocket Companies and Rocket Mortgage) ... facebook twitter reddit hacker news link. hamburger button. comments. Download ...Quicken/Rocket Mortgage is also notorious for advertising rates that come from <75% LTV (which is cheaper than an 80% LTV that most people are looking for) and quoting 2 points on their rates. Its extremely deceiving when you see their 2.625% rate and they say "oh closing is $4500", and their competitor has 2.875% and a $700 closing fee.Rocket Companies (RKT)surges 21%after the heavily shorted stock gets mentioned in a number of posts on WallStreetBets/Reddit.In addition, CNBC's Jim Cramer talked about the mortgage company.So no, they're not punking you. They're just going to charge you an arm, a leg, and your first born. Nice thing is, by charging the arm, leg, and first born, you can buy a smaller house. 1 less bedroom needed. They likely are charging a lot of points. Maybe $5-15k worth of them to make the rate appear attractive.Rocket Mortgage Classic Golf Live Stream 2022 : r/soopersports251. r/soopersports251 1 yr. ago. by speedsports-455.I tried to do this when I went to see Rage Against the Machine, the people at the venue had no idea how to do anything but log me onto the Internet to buy the same ticket with the same fees. When I did this for dude perfect tickets online were about $50 w/ fees. Went to the box office and surprise surprise, no "fees" but the tickets were also $50.But in 2022, Rocket Companies was heavily advertising. They were one of the biggest sponsors of the SuperBowl. I'm just wondering if I should look into this stock again. The chart shows it was $25 something, now it's $14. For a market that has been absolutely decimated, it looks like RKT has not been hurt as bad as others.Rocket Mortgage, like all mortgage lenders, was hurt by surging mortgage rates in 2022. Its refinancing volume, which brought the company to record heights in 2020 and 2021, plummeted.I refinanced with Better mortgage and TMS was my servicer, well it looks like before I have even made my first payment, my mortgage servicer has been switched to Mr. Cooper. They have a history of predatory lending and are generally bad actors and I don't want to do business with them. Is there anything I can do?Adding my voice to this - Rocket Mortgage has been great. Local Brokers and Loan Officers have been horrible. Lost Paperwork, Pre-Approval Letters coming late resulting in losing the house, etc, etc. Rocket Mortgage has been solid. On refinances for FHA they take a little longer and such in terms of communication. But beyond that, they've been ...View community ranking In the Top 5% of largest communities on Reddit. Hey look! It's the dumb white guy! ~ Rocket Mortgage TV Commercial, 'Rocket Can: Wrecking Ball' ispot.tv. This thread is archived New comments cannot be posted and votes cannot be cast ... Grow the fuck up, Rocket Mortgage! Reply Fearless-Bridge5300 ...An appraisal waiver does come with some benefits for buyers. An appraisal waiver will save buyers money. The costs of these in-person visits vary, but they typically run from $300 – $450. An appraisal waiver can also reduce the amount of time it takes to close on a home.To be approved for a second mortgage, you’ll likely need a credit score of at least 620, though individual lender requirements may be higher. Plus, remember that higher scores correlate with better rates. You’ll also probably need to have a debt-to-income ratio (DTI) that’s lower than 43%. Second Mortgage Vs.You are pre-qualified for $500,000!" And they go out shopping for that amount. They get an accepted offer, get working on the purchase and they are only approved for $150,000. Or even better, they are not approved at all because their DTI is so out of whack or because of things reporting on their credit report.better.com beat rocket/quicken by $6000 in costs on a $250k 3.75% refinance. the rocket/quicken guy emailed to say he can't compete with it when I showed him my rate locked disclosure and I should move forward on better.com's. the other 6 lenders I shopped it to also couldn't beat it but rocket/quicken was by far the most expensive. others were ...Pay it all back at the end of the forbearance (Three months' worth plus that month's payment!). 2. Create a new loan and a new payment to pay on top of the mortgage until it's paid back. 3. They will modify the loan to absorb the outstanding balance (this is cool, they would basically lower the interest rate to make the payment stay about the ... That's why Schwab Bank joined forces with Rocket Mortgage® in 2012 — to provide you with home lending options from America's largest mortgage lender.1. For 11 years in a row,2 J.D. Power has ranked Rocket Mortgage highest in the nation in customer satisfaction for Primary Mortgage Origination. And for the 7th year in a row,2 they also ranked ...You can apply online or give one of our Home Loan Experts a call at (833) 326-6018. 1 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.Hi everyone, I just wanted to post here that I just left Rocket in June of 2022. After winning march madness and being worked to the bone for very little in return. Shortly after I started working as a mortgage broker in Troy, MI and I can't tell you how different and refreshing its been . It's about 40-45 hours per week and unlimited ...

I'll be staying away from Rocket thank-you very much. Update: Went with a broker who pointed out that my jumbo is only $60K over a conventional. I'm going with two mortgages, a conventional at 3.75% for 20 and then a second for $60K at 5% that I will pay down completely over the next 2 years.Recruiter says after training, base salary is 40k + commission. She says the average first-year MLO makes 45k-50k. I feel like that’s really low especially from a thorough review of salaries across multiple boards. This position is “their pilot program” Implementing “work-life” balance with 40hrs Sun 10-7 Mon-Wed 8-6. That does sound ...Recruiter says after training, base salary is 40k + commission. She says the average first-year MLO makes 45k-50k. I feel like that’s really low especially from a thorough review of salaries across multiple boards. This position is “their pilot program” Implementing “work-life” balance with 40hrs Sun 10-7 Mon-Wed 8-6. That does sound ... DETROIT — A severe storm on Jun. 25 knocked down trees and damaged parts of the Detroit Golf Club, site of this week's Rocket Mortgage Classic on the PGA Tour. Detroit Golf Club got rocked by ...1 Based on Rocket Mortgage data in comparison to public data records. Rocket Mortgage, 1050 Woodward Ave., Detroit, MI 48226-1906 NMLS #3030. Go here for the Rocket Mortgage NMLS consumer access page. ©2000-2023 Rocket Mortgage, LLC. ...

To go along with what everyone else said, Rocket Mortgage is part of Quicken Loans, which is run by Dan Gilbert, who also owns the Cleveland Cavaliers, which are the NBA team that's funding 100T. dragons, pirates, and robots oh my! It's an app/website that makes it easier and faster for people to apply for a mortgage.BUT, got 2.8 % mortgage, and exactly a year later, we would have spent more in renting than on our mortgage, and we have equity now. Finally, by the most conservative valuation calculator, our home is worth 5-10% more than when we purchased. By the most generous calculations (zestimate), it is worth 20%+ more.But, for the majority of cases, Rocket is not the best home for most loans. That's just the fact. They do have the best marketing department in the entire mortgage industry, that's also a fact, and obviously they're not going to put commentary like this in their marketing. No, you will not receive any monetary compensation. …

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. Rocket Mortgage Sold our Loan. My wife and. Possible cause: Lending through Rocket Mortgage. I’m sure there will be people who have better exp.

View community ranking In the Top 5% of largest communities on Reddit. Rocket Mortgage (RKT) is going to shoot up post earnings thanks to Redfin the 5th. $8c 5/12🚀 ... • Joe Consumer (a hypothetical person) might think that going directly to Rocket Mortgage will get them a better deal, but going through BEHL (or any other mortgage broker ...Plus, the home loan is only available to those who work in San Francisco or San Mateo County. Rocket's 1% down program, launched on Monday, will be available to qualifying homebuyers in all 50 states. Rocket Mortgage is one of the biggest non-bank mortgage lenders in the U.S.Ahhh, I got you! I'm digging through old reddit / google to find some more info. Rocket offered me 5.75% with this program bringing the first year to 4.75%. I got a quote from Wells Fargo & Veterans United but, they're both over 6.25%. I'm trying to …

Business, Economics, and Finance. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. Crypto1 US 9 hours ago Verified Stress Free Process Simply an awesome process from start to closing! Rocket make every step of this journey easy and reps were always available to answer any questions... further making this process stress free! Truly a GREAT Experience! Thx Rocket!!! Date of experience: October 01, 2023 MS MANPREET SINGH NAGI 1 review USAn assumable mortgage allows the buyer to purchase a home by taking over the seller's mortgage loan. One reason buyers decide to buy a home with an assumable mortgage is to take advantage of financing with a lower interest rate if rates have risen since the seller originally purchased the home.

I sold my house investment company, they are tr Agent gave A cake, a welcome home package with rugs, whiskey, towels and wash cloths. Home Depot gift card, target gift card and an actual card. Lender gave us an engraved board with our last names. 4. Just got an offer from rocket mortgage for an swe internsView community ranking In the Top 20% of largest communi Rocket Mortgage/Personal Loans are BEST! I have done business with Rocket Mortgage for Mortgages and Refi's, and now Rocket Loans for 10+years and have always had an Exemplary experience. Their customer service is bar none the BEST in the Mortgage and Loan business. Date of experience: October 06, 2023. TB.For loans with lower rates, the borrower pays the broker's commission, usually about one percent of the loan amount. Brokerages are often smaller than banks. And if you work with a broker, it ... View community ranking In the Top 1% of largest communities on Reddit Your DTI helps lenders gauge how much mortgage you can reasonably afford. A DTI of 43% or less will give you the most options when you’re trying to qualify for a mortgage. Apply with Rocket Mortgage and see what mortgage options you’re eligible for based on your DTI, credit and your unique financial situation. You can also give us a call … While many homeowners are familiar with mortgages, many Rocket Mortgage, renamed from Quicken Loans inRkt will capitalize on this. They have speedy closing Outside that, 2nd best is to get them to quote a rate on a FHA/VA loan scenario. It'll be like 0.5% lower than what you see advertised everywhere for conventional loans w/ a wholesale lender, but ballpark the same w/ a retail lender. Quicken is trash. Your better off with like any other lender. Members of the WSB Reddit group spoke of buying Rocke Working in a non commission role. Made 62k my first year (2021, started end of 2020) Received a $3.50 pay raise in 08/21. But they told my business area along with others to expect a massive pay cut come June (my role is 25.50/hr based on my tier - getting cut to 22 an hour) Tier goals have completely changed to a percentage system.Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, and RockLoans Marketplace LLC (doing business as Rocket Loans®) are separate operating subsidiaries of Rocket Companies, Inc. (NYSE: RKT). Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation ... Looks like rocket mortgage has a second auth[The last time someone called me I blew up oPark at the free RTA Red Line park'n ride at the Puritas/Wes Rocket Mortgage, 1050 Woodward Ave., Detroit, MI 48226-1906. NMLS #3030. Go here for the Rocket Mortgage NMLS consumer access page. ©2000-2023 Rocket Mortgage, LLC ... The first rocket to go into space was created by a team of German scientists, led by Wernher von Braun. It was a V-2 rocket used by Germany in World War II. Von Braun and many important members of his team had surrendered to the United Stat...