Rocket Pro TPO

Rocket Pro TPO

1050 Woodward Avenue, Detroit, MI 48226

https://www.rocketprotpo.com/

Internal Reviews

(19 reviews)

Total loans closed with Loan Factory
17,896

Total loans closed with Loan Factory (past 12 months)
14,508

Lender overview

Basic information

Conventional
HomeReady
Home Possible
FHA
FHA Streamline
FHA DBA
VA
VA IRRRL
Jumbo
HELOC

Rocket Mortgage, LLC. ISAOA P.O. Box 202070 Florence, SC 29502

Rocket Mortgage, LLC. ISAOA 1050 Woodward Avenue Detroit, MI 48226-1906

Lock policies & Fees

Lock Policies

Free Extensions: 5-day Free Pinnacle Extension.
This extension is free but counts as one of your paid extensions. 15-day Free Padlock Extension; maximum of two padlock extension requests not to exceed 15 days combined.
Your Padlock Vault is replenished with 3 x free extension days for every loan that closes.
The maximum amount of free Padlock extension days you can accrue in your company vault at any given time is 750.
Loan Factory rarely, if ever, goes below 750 as you’re always closing more than you use.
Paid Extensions: Maximum of 2 x extensions at a cost on loans.
If the 5-day Pinnacle Extension is used, this drops to only one remaining extension at a cost.
If the 5-day Pinnacle Extension is NOT used, you will continue to have access to two extensions at a cost.

1st 15 days= Greater of .25 point or current market
2nd 15 day = Greater of .25 point or current market
3rd extention= Call SOS Hotline

Yes

Lender's niche & Overlays

Agency, High Balance, FHA, VA, Jumbo, Home Equity Loans, Home Possible/Home Ready, One +, Purchase Plus, Bank Statement

N/A

Lender turn time

2

2

1

Review - Rocket Pro TPO

4.5

19 reviews

5

4

3

2

1

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