While both companies offer similar products and services, there are some key differences between them. Rocket Mortgage is a subsidiary of Quicken Loans. But are they the same company? The short answer is no. Rocket Mortgage and Quicken Loans are two of the most popular mortgage lenders in the US. This may make rocket a more appealing option for those who are undecided about which product to use.įinally, rocket focuses specifically on helping users manage their finances, while Quicken also offers features for managing investments and other aspects of personal finance.Īre Rocket Mortgage And Quicken Loans the Same Another key difference between the two products is that rocket offers a free trial, while Quicken does not. This means that you can access your rocket account from any computer with an internet connection, while you need to install Quicken on your computer in order to use it. Rocket is also a web-based application, while Quicken is a desktop application. Quicken has been around since the early 1990s, while the rocket was only released in 2015. There are many differences between rocket and Quicken, but the most notable difference is that rocket is a much newer product. The interest rates offered by each company will vary depending on your individual circumstances (credit score, income, etc.), but Generally speaking, Rocket Mortgage rates are typically lower than those offered by other lenders - including Quicken Loans. Additionally, Rocket Mortgage offers more adjustable-rate mortgage options than Quicken Loans. For example, Rocket Mortgage has loans specifically for investment properties and vacation homes, while Quicken Loans does not. Rocket Mortgage offers more loan options than Quicken Loans. Rocket Mortgage offers an entirely online application process, whereas Quicken Loans requires at least some paperwork to be completed in person or by mail. Here's a quick rundown of the key differences between Rocket Mortgage and Quicken Loans: Rocket Mortgage is a subsidiary of Quicken Loans.

Both companies offer a variety of mortgage products and both are well-known names in the industry. If you're in the market for a new home loan, you may be wondering what the difference is between Rocket Mortgage and Quicken Loans. This can be beneficial if you want that personal touch during such an important financial decision.

You can apply for a loan online or over the phone, but you’ll eventually have to meet with a loan officer in person. Quicken Loans, on the other hand, have a more traditional approach. This can be a major advantage for some people who prefer not to deal with face-to-face interactions. You can complete the entire mortgage process from start to finish without ever having to talk to a human being. Rocket Mortgage is an entirely online company. Both companies offer similar products and services, but there are some key differences.

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