Mortgage Refinance review

Rocket Mortgage review

Name: Rocket Mortgage review
Item: Rocket Mortgage
Rating: 9.2
Author: ChoosyOwl

Best overall

Large online mortgage lender with published sample refinance rates, VA IRRRL and cash-out options. Homeowners who want one lender that covers conventional, FHA, jumbo and VA refinances and who like to see sample rates with APR before they apply. We rank it #1 of 8 in our mortgage refinance comparison, with an editorial score of 9.2 out of 10.

Updated November 14, 2026By the ChoosyOwl editorial teamHow we rank

9.2/10

Our editorial score

Rocket Mortgage scores highest on Rate and cost transparency because its refinance page publishes sample rates with APR, points and the assumptions behind them, and on Refinance product range because it covers rate-and-term, cash-out, FHA, jumbo and VA streamline (IRRRL) refinances. It does well on Quote experience with a refinance estimate its site describes as having zero credit impact, and on Licensing and disclosure clarity with its NMLS ID in the footer.

How we score mortgage refinance

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Mortgage disclosure.

We are not a lender, a mortgage broker or a loan officer, and we do not make credit decisions or take loan applications. Rates, APRs, points, fees and loan terms are set by each lender and depend on your credit profile, income, home equity, loan amount, property type and state. Not every product is available in every state, and approval is never guaranteed.

Many lenders and comparison services let you see a rate quote or estimate with a soft credit inquiry, which does not affect your credit score. Submitting a full mortgage application typically triggers a hard credit inquiry, which may affect your credit score. Check each lender's disclosure to see which kind of inquiry it uses at each step.

Refinancing has closing costs, which can include origination charges, points, appraisal, title and recording fees. Some lenders let you roll costs into the loan or take a higher rate in exchange for lender credits, which means you pay them over time instead of upfront. Refinancing may increase the total finance charges you pay over the life of the loan. Compare the APR and the closing costs on each Loan Estimate, not just the interest rate.

Mortgage lenders and brokers must be licensed and are listed in the Nationwide Multistate Licensing System (NMLS). You can look up any company's NMLS ID and state licenses at nmlsconsumeraccess.org before you apply.

A mortgage, home equity loan or home equity line of credit is secured by your home. If you do not make the payments, you could lose your home to foreclosure.

Quick facts

Our rank#1 of 8

Best forBest overall

Company typeDirect lender

Refinance optionsRate-and-term, cash-out, FHA, jumbo, VA IRRRL and VA cash-out

Rate quoteEstimate with zero credit impact (per site); full application typically a hard pull

Facts checkedNovember 14, 2026

Details are general and can change. Check current plans, prices and terms on the Rocket Mortgage site. See the Rocket Mortgage company profile in our brand directory.

Overview

Rocket Mortgage, the lender formerly known as Quicken Loans, offers home purchase loans, refinances and home equity loans online and through its loan officers. Its refinance options include rate-and-term and cash-out refinances, FHA and jumbo refinances, and VA refinances including the VA streamline refinance (IRRRL) and VA cash-out. Its site says you can apply in about five minutes and get a refinance estimate with zero credit impact; a full application typically involves a hard credit inquiry.

Rocket's refinance rates page shows sample rates with APR and points and lists the assumptions behind them, such as credit score, loan-to-value ratio and loan amount. Those samples are not an offer. Rates change daily and depend on your situation, so check today's rate and your Loan Estimate.

Rocket Mortgage, LLC lists NMLS #3030 and a Detroit, Michigan address on its site, and notes that some products are not available in all states.

Pros and cons

Pros

Wide range of refinance types in one place
Sample rates are shown with APR, points and assumptions
Online application with loan officer support
Also offers a home equity loan if you want to keep your first mortgage

Cons

Sample rates often assume paying points, so compare the full Loan Estimate
Some products are not available in all states
A large lender may feel less personal than a local broker

Key features

Rate-and-term and cash-out refinances
VA streamline (IRRRL) and VA cash-out refinances
FHA and jumbo refinance options
Refinance estimate the site says has zero credit impact
Published sample rates with APR, points and assumptions

Who Rocket Mortgage is for

A good fit if

Homeowners who want one lender that covers conventional, FHA, jumbo and VA refinances and who like to see sample rates with APR before they apply.

Look elsewhere if

Borrowers who want a local, in-person loan officer relationship or a non-traditional income loan.

How we scored Rocket Mortgage

Our mortgage refinance score weighs refinance product range (25%), rate and cost transparency (25%), quote experience (20%), licensing and disclosure clarity (15%), support and servicing (15%). See the methodology.

Rocket Mortgage alternatives

#2
Better Mortgage
Best online experience
Online-first lender with a no-credit-impact refinance quote and published rate pages.
- Personalized refinance quote online with no credit impact (per site)
- Rate-and-term and cash-out refinances
- VA loans and home equity options
- Published refinance and cash-out rate pages
8.9/10
Editorial score
Visit site (Better Mortgage, opens in a new tab) Read review Compare
#3
New American Funding
Best for loan variety
Direct lender with FHA streamline, VA IRRRL, cash-out and non-QM options.
- FHA streamline refinance
- VA IRRRL and VA cash-out refinance
- Cash-out refinance and HELOC
- Non-QM and reverse mortgage options
8.8/10
Editorial score
Visit site (New American Funding, opens in a new tab) Read review Compare
#4
Veterans United Home Loans
Best for VA refinances
VA-focused lender for IRRRL streamline and VA cash-out refinances.
- VA streamline refinance (IRRRL)
- VA cash-out refinance, including from a non-VA loan
- VA jumbo loans
- Published VA refinance sample rates with APR and assumptions
8.7/10
Editorial score
Visit site (Veterans United Home Loans, opens in a new tab) Read review Compare

Head-to-head

Rocket Mortgage vs Better Mortgage

See all 8 mortgage refinance lenders compared

Rocket Mortgage FAQ

Is Rocket Mortgage the same as Quicken Loans?

Yes. Quicken Loans was renamed Rocket Mortgage, so it is one lender, not two. Its site lists the lender as Rocket Mortgage, LLC with NMLS #3030.

Does Rocket Mortgage offer a VA streamline refinance?

Yes. Rocket Mortgage's VA refinance page describes the VA Interest Rate Reduction Refinance Loan (IRRRL), also called a VA streamline refinance, and a VA cash-out refinance. Eligibility rules apply.

Will getting a refinance estimate from Rocket affect my credit?

Rocket's site says its refinance estimate has zero credit impact. A full mortgage application typically includes a hard credit inquiry, so check the disclosure at each step.

Sources and fact check

We checked the facts on this page against Rocket Mortgage's own website on November 14, 2026.