Homeownership Dreams Achieved with ONE+
ONE+ by Rocket Mortgage enables qualified buyers to purchase a home with a down payment contribution of only one percent. Your clients pay only 1% down and we cover the remaining 2%.
Make Gains With Rocket Pro TPO Products
We provide partners diverse mortgage lending options, competitive rates, and regular promotions.
Our most popular products are outlined below. Contact our team for our full suite of products.
Conventional Loans
10, 15, 20, 25, And 30 Year Fixed
Conforming Fixed
Clients get lower monthly payments and a guaranteed, set interest rate for the life of the loan.
Qualifications:
Min. credit score required: 620
Min. down payment required: 3%
Max. loan amount:
$766,550*
*Subject to county loan limits
5, 7, And 10 Year Adjustable
Conforming Adjustable-Rate Mortgage (ARM)
For high interest rate environments, take advantage of the lowest rates available on the market for a fixed period.
Qualifications:
Min. credit score required: 620
Min. down payment required: 5%
Max. loan amount:
$766,550**
*Subject to county loan limits
10, 15, 20, 25, And 30 Year Fixed
High-Balance
For clients who need easier qualifications than a Jumbo Loan.
Benefits:
Min. credit score required: 620
Loan-to-value ratio (LTV) up to 80% on cash-out properties
Applicable for loan amounts over $766,551 - $1,089,300
10, 15, 20, 25, And 30 Year Fixed
Temporary Buydown
Access to a reduced interest rate* for the first one to three years of the loan.
Overview:
Product Options: 1-0, 2-1 and 3-2-1
Eligibility: Purchase-only Fannie, Freddie, FHA and VA fixed mortgages.
Example buydown contributors: Real Estate Agents, Home Sellers, Builders, and Correspondent Lenders
*Additional terms and conditions may apply.
Non-Agency Loans
10 And 20 Year Fixed
Home Equity Loan
For clients looking for mortgage payment flexibility so they can use their money how they want.
Qualifications:
Min. credit score required: 680
Min. loan amount: $45,000
Max. loan amount: $350,000
30 Year Fixed
Self-Employed Assist
For self-employed clients to qualify using personal or business bank statements.
Qualifications:
Self-employed (at least 25% owner of business for 12 months)
Min. 2 Years self-employment
Min. 2 Years existence of the business
Min. credit score required: 660
7 And 10 Year Adjustable
Jumbo Smart ARM
For clients who have loan amounts above high-balance loan limits with an Adjustable-Rate term.
Qualifications:
Min. credit score required: 740
Min. down payment required: 20%
Max. loan amount:
$2M
15 And 30 Year Fixed
Jumbo Smart Fixed
For clients who have loan amounts above high balance loan limits with a Fixed term.
Qualifications:
Min. credit score required: 680
Min. down payment required: 10.01%
Max. loan amount:
$3M
Government Loans
Fixed And Adjustable Rate Products
FHA
For clients looking to purchase a home or refinance an existing mortgage with a product that has lower barriers to entry.
Qualifications:
Min. credit score required: 580*
Min. down payment required: 3.5%
An appraisal is not needed in most scenarios
*Non-Serviced Clients have a minimum FICO of 620
Fixed And Adjustable Rate Products
VA
For qualified veterans, service members, and spouses.
Qualifications:
Min. credit score required: 580
Min. down payment required: 0%
An appraisal is not needed in most scenarios
Fixed And Adjustable Rate Products
FHA Streamline
For clients who have an existing FHA loan and want to lower their payments with a streamlined process.
Benefits:
Min. credit score required: 580*
No appraisal needed
Reduced documentation requirements
Quicker turn times
*Non-Serviced Clients have a minimum FICO of 620
Fixed And Adjustable Rate Products
VA IRRRL
For clients who have an existing VA loan and want to lower their payments with a streamlined process.
Benefits:
Reduced funding fee is just 0.5% of the loan amount
No appraisal needed
FICO score as low as 620
Affordable Loans
30 Year Fixed
ONE+ By Rocket Mortgage
An affordable loan option for qualifying clients. Clients pay a minimum of 1% down payment and the remaining 2% down payment will be covered.*
Qualifications:
Min. credit score required: 620
Min. client down payment required: 1%
Income Limit: 80% area median income (AMI)
Max. loan amount: $350,000
*Very low-income home buyers (≤50% AMI) are eligible for a minimum grant of $2,500 or 2% of the purchase prices, whichever is greater.
30 Year Fixed
Purchase Plus
For first-time homebuyers in specific communities looking for assistance with their purchase. This product provides funds for down payment and closing costs.
Also available in high-balance.
Qualifications:
First-time home buyers
Min. credit score required: 620
Min. down payment required: 3%
Offered in twenty-one metropolitan statistical areas
30 Year Fixed
Home Possible/HomeReady
An affordable primary residence loan option. Eligible clients can receive a loan level pricing adjustment (LLPA) credit equivalent to 1% of the loan amount, with a minimum of $2,000** and a maximum cap $3,500.
Also available in high-balance.
Qualifications:
Min. credit score required: 620
Min. down payment required: 3%
Income Limit: 80% area median income (AMI)
Max. loan amount: $766,550*
*Subject to county loan limits
**$2,500 for very low-income homebuyers (≤50% AMI).
Custom Term Loans
8-29 Year Fixed
YOURgage Custom Term
For clients who want flexibility outside of the traditional 15 and 30 year loan terms on standard or high-balance conventional loans.
Qualifications:
Min. credit score required: 620
Min. down payment required: 3%
Max. loan amount: $766,550*
*Subject to county loan limits
Help Clients Save With Private Mortgage Insurance Secured By Rocket
Reduce premiums paid over the life of your clients’ loan with our industry-leading mortgage insurance. For example, average private mortgage insurance (PMI) costs $30–$40 per month, which is equivalent to saving 1/8 interest rate paid.
Every Partner. Every Time. No Exceptions. No Excuses.
We deliver transparent communication, quick resolutions, and laser-focused solutions.
When our partners succeed, we succeed.