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Quicken Loans Sister Company Rocket Loans Poised to Revolutionize the Personal Lending Space

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. Hi Frank:

      I’m going to remove your phone number to protect your privacy, but you can reach Rocket Loans at (800) 333-7625. Thanks!

      Thanks,
      Kevin Graham

      Reply

  2. We just refi’d our home mortgage with you and we would now like to see about a personal loan to pay off our credit cards and lower our monthly payments to one payment. What number should I call to get started?
    Thank you

    Reply

    1. Hi Donna:

      Thanks for choosing us! We’re glad we could help you. If you would like to talk to one of our friends from Rocket Loans, you can call (800) 333-7625. They have Personal Loan Experts available from 9 a.m.-6 p.m. ET Monday through Friday. Hope this helps!

      Thanks,
      Kevin Graham

      Reply

  5. Hi Kevin’
    Our mortgage is through Quicken Loans®, interested in maybe getting a personal loan to pay off a few bills and having a swimming pool put in….Thank you very much!

    Reply

    1. I’m going to have someone reach out to you on behalf of Rocket Loans. They’ll be in contact. Thanks!

      Reply

  6. I would definitely be interested in consolidating credit cards and paying one payment a month. Are there high fees such as application fees, etc. associated with the process. I already have a mortgage loan with QL and the process was a very pleasant one. I look forward to obtaining more information.

    Reply

    1. Hi Teneisha:

      You may have a couple of different options you can consider. I’m going to have someone reach out and look into your situation to determine what might work best for you.

      Thanks,
      Kevin Graham

      Reply

    1. Hi Jodi:

      Personal loans through Rocket Loan only go up to $35,000 at this point. If you’re looking for a mortgage, we can help you out at Quicken. Have a great day!

      Thanks,
      Kevin Graham

      Reply

    1. Hi Kinsley:

      The rates are very dependent on your personal financial profile. I’m going to have someone reach out to get some more information from you and help you if you want to move forward.

      Thanks,
      Kevin Graham

      Reply

    1. Hi Eric:

      We can definitely help you look into your options. There may be a couple of different avenues you could look at. Someone will be reaching out.

      Thanks,
      Kevin

      Reply

    1. Hi Gregg:

      Sounds great! I highly recommend you check out Rocket Loans. I’m also going to pass this along to someone can reach out with more information and help you get started.

      Thanks,
      Kevin Graham

      Reply

    1. Hi Loretta:

      You’ve come to the right place. I’m going to have someone reach out and look into your options.

      Thanks,
      Kevin Graham

      Reply

  13. Is this like a second mortgage, because my wife and I would like to pay off 3 small loans and then redo some work in our kitchen and around our home , all for the purpose of listing our home for sale and then moving and purchasing home down in Texas where we want to move , and maybe going down with a prequalifying home loan . john and Maureen P.S. we already have our home loan with you people . thank you

    Reply

    1. Hi John and Maureen:

      First, thanks for being our clients! It’s been a pleasure to serve you.

      If you were to go through Rocket Loans, it’s not a second mortgage. It’s a personal loan. You may have a couple of options here. You could either do a cash-out refinance or a personal loan. I don’t recommend taking a second mortgage because you’re going to pay a higher rate than you would on your primary loan. I’m going to have someone reach out and help you determine which option will work best in your situation.

      Thanks,
      Kevin Graham

      Reply

  14. I would like info on how to apply to consolidate a bank loan and a couple of credit cards I used to do a kitchen remodel and online business. Please have someone contact me.

    Reply

  15. It looks like I need a new shingles for my roof / new gutters , How much can qualify for and at what interest rate? Thank you! P.S LOVE QUICKEN LOANS!

    Reply

    1. Hi Sheryl:

      How much you can qualify for depends upon your personal financial profile. It’s the same thing with your interest rate, but we can help you look into your options.

      Reply

  18. 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.

    Reply

  19. 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®.

    Reply

    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

      Reply

    2. 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

      Reply

      1. Hi Debbie:

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

        Thanks,
        Kevin

        Reply

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

    Reply

  25. 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

    Reply

  26. 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

    Reply

    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

      Reply

    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

      Reply

    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

      Reply

      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

        Reply

    1. Hi Glen:

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

      Thanks,
      Kevin Graham

      Reply

  32. 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.

    Reply

  34. 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

    Reply

    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

      Reply

  35. 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.

    Reply

    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

      Reply

  36. 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

    Reply

    1. Hi Rostand:

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

      Thanks,
      Kevin Graham

      Reply

    1. Hi John:

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

      Thanks,
      Kevin Graham

      Reply

    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

      Reply

      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

        Reply

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