How do you want to get started?
With Rocket Mortgage® by Quicken Loans, our faster, simpler and totally online way to get a mortgage, you can quickly see how much you can afford and customize your mortgage options.
Not comfortable starting online? Answer a few questions, and we’ll have a Home Loan Expert call you.
Where to Get Started
Whether a new home is a few years off or you’re shopping now, we can help you understand your options and get the right mortgage for your situation.
I’m Wondering How It Works
Our Home Buyer’s Guide takes the mystery out of getting your first home loan. We break down the process so it’s less overwhelming and easier to understand.
I’m Putting Together a Budget
Our calculators help you estimate what you can afford, how much of a down payment you’ll need, what your monthly payment could be, and how much interest you’ll pay over the life of a loan.
I’m Actively Shopping for a New Home
If a move is in your near future, these are the two most important things you should do first. They’ll put you in the hands of experts who help people like you become a homeowner for the first time every day.
First, get approved for a loan. Doing this before looking at houses helps you a lot. Here are some of the benefits:
- You’ll get an approval letter that shows real estate agents and sellers you’re able to afford a house.
- You’ll find out how much house you can afford.
- You can lock your rate for up to 90 days with RateShieldTM Approval| |.
- It makes the rest of the mortgage process smoother and easier.
Next, find a real estate agent. After you apply and get approved, choose a real estate agent. They’re another great source of experience and knowledge when it comes to how to buy a home. You can expect your agent to do these things:
- Help you find the right house in the right place at the right price.
- Manage paperwork.
- Negotiate with sellers.
With an approval letter and listings from your agent, you’ll be ready to start hitting those open houses.
Popular Loans Options for First-Time Home Buyers
Here are some common situations that often apply to people getting their first home loan, and possible options. You may qualify for more than one; we’ll help you find what’s best for you.
- Want payment and interest rate stability? With a 30-Year Fixed, your interest rate and monthly payments (before taxes and insurance) won’t change, and you can buy a home with as little as 3% down.
- Don’t have a lot of credit history, or worried it’s not good enough? FHA loans have more lenient credit and income requirements, and your down payment can be as low as 3.5%.
- Think you’ll only be in a starter home for a few years? An adjustable rate mortgage gives you a low fixed interest rate – which means lower monthly payments – for the first 5, 7 or 10 years of your mortgage.
- Are you a veteran or currently serving? You may qualify for a VA Loan and be able to buy a home with zero down.
Why We’re America’s Largest Mortgage Lender
The answer is simple: it’s because of you. You’ve told us what you need and how you want to get a mortgage, and we’ve listened. Here are just a few of the things we do for you:
- Provide a completely online application supported by real people when you need them.
- We service 99% of our mortgages, so our great customer service continues after you close.
- We don’t charge you to make your mortgage payments online.
- You can pay off your mortgage ahead of time with no penalties.
| |RateShield 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. Quicken Loans reserves the right to cancel this offer at any time. Acceptance of this offer constitutes the acceptance of these terms and conditions, which are subject to change at the sole discretion of Quicken Loans. This is not a commitment to lend. Additional conditions or exclusions may apply.