Rocket Loans range in value from $2,000 to $45,000 and are often funded on the same day. Also, this lender offers multiple benefits like competitive rates, and a discount when you choose to make automatic payments.
Additionally, Rocket Loans is a solid option for users with fair credit (up to 580) as it has less stringent eligibility criteria than most lenders.
To apply for a loan from Rocket Loans, you must have a minimum credit history of two years and a minimum annual income of $24,000. In addition, you must have a debt-to-income ratio (DTI) of a maximum ratio of 40% and an average of 14%.
This lender offers exclusive discounts and benefits like a 0.3 percentage point fee discount when opting for automatic loan payments from your bank account.
Rocket Loans come in a wide range of amounts from $2,000 to $45,000, allowing borrowers to cover both large and small expenses.
Additionally, this lender offers an online prequalification process that won’t damage your credit and will fund loans within one to three business days.
Learn more about Rocket Loans
When applying for a loan from Rocket Loans, you don’t have to worry. In fact, with a prequalification process that takes minutes and doesn’t damage your credit score, you can relax.
If credit is a concern for you, you’ll also be relieved to know that this lender reports monthly to the country’s major credit bureaus, helping you keep your credit score in balance.
And, if you need help dealing with your financial life, educational resources are available free of charge on the Rocket Loans website, which also has excellent customer service running 24/7.
Automatic payment discount: Set up automatic loan payments to your bank account, and receive an exclusive 0.3% fee discount!
Variety of Loan Amounts: Rocket loans range from $2,000 to $45,000, allowing borrowers to cover a variety of expenses, large or small.
Pre-Qualification Process That Doesn’t Damage Your Credit: Rocket Loans allows you to pre-qualify without causing major damage to your score
Fast Financing: Financing your loans within one to three business days. Also, approval can take less than five minutes!
Is this loan for you?
With a wide range of amounts ranging from $2,000 to $45,000 and a prequalification process that won’t damage your credit, Rocket Loans can be the turning point in your financial life.
These loans are ideal for people who are looking for quick financing and have fair credit scores.
If you, have a credit score of 640 or more and need quick funds, Rocket Loans will be perfect for you.
This lender is available in all states except Nevada, Iowa, and West Virginia and the approval process can take less than five minutes.