Independent Rocket Mortgage review: 4.8/5 for purchase mortgage. Best for fast digital closings and first-time buyers. Current APY: 6.49%.
America's largest mortgage lender with a fully digital application and fast closings. Rocket Mortgage is offered by Rocket Companies and currently holds an average rating of 4.8 out of 5 across 12,450 user reviews. It falls into the Purchase Mortgage category and tends to be the strongest fit for fast digital closings and first-time buyers.
Monthly fee: 0.5%–1% origination. Minimum to open: $50,000. Current APY: 6.49%. Rates and promotional offers change often, so we re-verify every listed number on a rolling schedule and stamp the review with the date of the most recent check.
For this review of Rocket Mortgage, our editors funded an account, walked through the full onboarding flow, and compared the experience to the other products in the Purchase Mortgage shortlist. Scores are not influenced by affiliate relationships — partners cannot pay for better rankings, and our rubric is the same for every brand.
Read our full editorial methodology and advertiser disclosure for more on how we fund our testing and why that matters for the reviews you read here.