With Rocket Mortgage by Quicken Loans, you can lock your interest rate for up to 90 days! This means when you’re shopping for a new home and rates go up, your rate stays. If rates go down, yours drops. Either way, you win!
¹RateShield Approval locks your initial interest rate for up to 90 days on 30-year conventional, FHA and VA fixed-rate purchase loan products. Your exact interest rate will depend on the date you lock your rate. Once you submit your signed purchase agreement, we’ll compare your rate to our published rates for that date and re-lock your interest rate at the lower of the two rates for an additional 40 to 60 days. Additional conditions or exclusions may apply.
²Based on a sample of Rocket Mortgage clients who met qualifying approval criteria based on specific loan requirements and appropriate documentation available at the time of application.