It’s not gonna be a long, long time until Quicken Loans has a new name. … The company also owns auto financer Rocket Auto and personal loans company Rocket Loans, among other subsidiaries. Quicken Loans first debuted the Rocket Mortgage brand back in 2015 as the name for its new, digital lending process.
One may also ask, does Rocket Mortgage sell their loans?
While lenders do sell the servicing rights to their loans, Rocket Mortgage® is proud to service the majority of loans we originate. We’re your lender for life and will stay with you from application until you make your last payment.
Moreover, is Rocket Mortgage a broker or a lender?
You can use Rocket Mortgage® to get a loan in all 50 states and the District of Columbia. At this time, you can’t use Rocket Mortgage® to get a loan in Puerto Rico or anywhere outside the U.S. Rocket Mortgage® is an online lender.
What bank owns Quicken Loans?
That’s why Rocket Mortgage was created: to make getting a mortgage easier. Along the way, Rocket became a word that defined what Quicken Loans did best. That’s why on July 31, 2021, Quicken Loans changed its name to Rocket Mortgage.