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Quicken Loans Sister Company RocketLoans Poised to Revolutionize the Personal Lending Space - Quicken Loans Zing Blog

We recently shared how excited we are about Rocket Mortgage, the first fully online way to apply, receive approval and lock interest rates for home loans. Now, we’re extending a warm welcome to the newest member of the Quicken Loans Family of Companies!

Our parent company, Rock Holdings, Inc., has launched Rocket Loans, an efficient way for consumers to apply for and receive funding for personal loans without lengthy delays often synonymous with personal lending.

“The launch of the Rocket Loans platform, coming right on the heels of the very successful launch of Rocket Mortgage, has established Detroit as one of the nation’s fintech leaders and an epicenter of financial innovation,” said Dan Gilbert, Chairman and Founder of Rock Holdings. “We have been able to leverage some of the best minds in both the mortgage and technology industries to create two distinct fintech breakthroughs that have, and will continue to, revolutionize how people think about the process of securing mortgages and personal loans, right here in downtown Detroit.”

Designed with efficiency in mind, Rocket Loans enables consumers to apply online for a personal loan and receive approval in less than 10 minutes, providing loan options based on need, income, debt-to-income ratio and credit profile. All loans are fully underwritten with third-party verification of employment, assets and more. Options are clearly presented without hidden fees or prepayment penalties and funding is expected in less than 24 hours.

Initial products include loan amounts up to $45,000 with fixed interest rates and terms. In March 2016, the company will unveil an ‘immediate funding’ feature that will allow clients to receive funding for loans under $10,000 in a matter of minutes.

“Rocket Loans provides the most convenient and efficient personal loan experience in the industry, giving clients access to the funds they need without any hidden tricks or gimmicks,” said Todd Lunsford, Rocket Loans CEO and veteran Quicken Loans executive. “Today’s consumers have made it clear – they want simplicity and transparency from lenders. With Rocket Loans, we have met that demand, while also streamlining the process and ensuring our clients have the cash they need quickly.”

Whether you’re looking to consolidate debt, pay medical bills or ready to take on that home improvement project, Rocket Loans is the solution for you. Head to Rocket Loans today to experience the most user-friendly, convenient, thorough and efficient personal loan process.

This Post Has 87 Comments

  1. Would like to see if I can get a loan to pay off all my credit cards.my home loan is through QUICKEN loans.thank you so much.

  2. I’m looking into getting a 2nd mortgage to payoff credit card debt and also take advantage of tax write-off. Is this something you guys can do? I currently have my mortgage with Quicken Loans®.

    1. Hi Fran:

      We don’t do second mortgages or home equity loans, but you may be able to get a lower rate by doing a debt consolidation through a refinance on your primary mortgage. I’m going to have a Home Loan Expert reach out and help you go over potential options.

      Thanks,
      Kevin Graham

    1. I would like to see if I can get a loan and pay off all my ccredit cards.I have my home loan through QUICKEN loans. Thank you

      1. Hi Debbie:

        We can definitely help you look into your options. Someone will be reaching out.

        Thanks,
        Kevin

  3. I’m very interested in consolidating my high interest credit cards. Can you have someone reach out to me please. Thank you.

  4. Got refinance from quicken loans couple years ago was trying to pay other bills off but it wouldn’t do nothing but around and around after it said hit start

  5. I recently refinanced in September yet i still have a high overhead and struggling with card debt! Would I be able to get some help? I don’t know if its possible, but I’d like to wither consolidate or maybe add to my mortgage lo@n to get relief from this over head! Please tell me you can help

    1. Hi Mylinds:

      You may not be able to refinance your mortgage because you just did it in September, but we can help you look into your options and see if there’s a way we can help.

      Thanks,
      Kevin Graham

    1. Hey Walter:

      That is a loan option we offer. I’m going to have someone reach out to you with more information.

      Thanks,
      Kevin Graham

    1. Hi Marguerite:

      We don’t know what kind of rate you could get without knowing a little more information, but we can certainly help you look into your options.

      Thanks,
      Kevin Graham

      1. Not sure what yoyu mean with website? I am inteerested in consolidating some credit card bills to pay off monthly bills. Please e-mail me. My husband oscar celaya has several credit cards also, between the two of us we put out over $850.00 per month, you must offer something better. we have a Quicken mortgage. thank you

    1. Hi Glen:

      We didn’t say you had to comment. Any chance you could point out where your confusion lies?

      Thanks,
      Kevin Graham

  6. i refinanced last year with quicken loans. i was not able to borrow the desired amount because of the my income to debt ratio. my loan was for $120,000 i was looking to borrow an additional $15,000
    if this is possible, please let me know…..if not, no problem….i understand.

  7. Please contact me on email have q&l Mortage refinance I do very little on email appreciate phone calls interested in ticket loan thank you June kushner

    1. Hi June:

      I’ve edited your comment to protect your personal information. That said, we can definitely help you look into your options to refinance. Someone will be reaching out.

      Thanks,
      Kevin Graham

  8. I have had a mortgage with Quicken since 2014. What would the interest rate for a second mortgage? I’d use it for house improvements or possibly pay down some debts.

    1. Hi Joe:

      I’ve edited your comment to protect your personal information. I can tell you we don’t do home equity loans, but you may be able to get a better rate anyway by doing a cash-out refinance on your primary mortgage. I’m going to have someone reach out to you that can help go over your options.

      Thanks,
      Kevin Graham

  9. This is what I was waiting for. Some time I want to invest in cheap houses in baltimore but I can’t find the right investor at the right time.if it is true that we can receive personal loans with less interest the same day I am on board with you

    1. Hi Rostand:

      I’m glad you’re interested! I’m going to have someone reach out with more information.

      Thanks,
      Kevin Graham

    1. Hi John:

      We can certainly look into your situation and see what we can do. Someone will be reaching out!

      Thanks,
      Kevin Graham

    1. Hi Brian:

      We can definitely help you look into your options. The loans are based on your credit and other aspects of your personal financial profile. Someone will be reaching out to give you more information.

      Thanks,
      Kevin Graham

      1. My wife and I have our home mortgage with Q&L and don’t have and room on it to play with at this time but we would like to consolidate some credit card and doctor bill and some other small debts . I don’t have a very high credit score because of doctor bills but we are never late on our payments is there any way you can help

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