Several of Rocket Mortgage’s sister companies have already embraced the Rocket name, including Rocket Home, Rocket Auto, and Rocket Loans. Quicken Loans’ subsidiaries of Rocket Companies went public last year. ![]() Borrowers likely won’t see any other changes. Founded: 1985 Loans offered: Fixed, ARM, FHA, Jumbo, Refinancing, VA Quicken Loans is one of the most reputable mortgage lenders in the nation, earning J.D. We'll ask you some basic questions that you probably know off the top of your head. On the July 31 starting date, consumers will see a name change from “Quicken Loans” to “Rocket Mortgage” on documents and communications, company officials say. Our Simple Process Explore your options Getting your personal loan options is easy. NY: Rocket Mortgage, LLC, 1050 Woodward Ave. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Compan. “The name change is significant for the company, but clients will not see any difference to the digital experience.” Ive been re- looking at all finance options for flipping and multi units. “Rocket Mortgage has extremely high-affinity metrics that eclipse those of Quicken Loans,” the company’s press release states. The company notes in a press release that the public has become familiar with its Rocket Mortgage brand over the years through marketing and sports sponsorships. Quicken Loans is the largest single-family lender in the country by dollar volume and units, according to preliminary 2020 data from the Home Mortgage Disclosure Act. The Rocket Mortgage app by Quicken Loans expedites a home loan or refinance by allowing consumers to upload documents from a mobile device and then continue. Nonbanks have quickly been growing their market share in the mortgage business in recent years. Rocket Mortgage has accomplished that goal, allowing for a fully digital mortgage experience from application to closing that can take place all online without the borrower speaking to a human. Quicken Loans launched Rocket Mortgage in 2015 with the goal of putting the entire mortgage process online. Rocket Mortgage’s rates are competitive, and you can find them on its website. ![]() The name change is to reflect that technology-which the Rocket Mortgage brand has touted for six years-is at the core of its mortgage business. Quicken Loans, the nation’s largest lender, announced it will officially change its name to Rocket Mortgage, beginning July 31, 2021.
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