You'll need a minimum credit score of 620 if you want a shot at getting approved for a conventional loan from Quicken Loans. The higher your credit score the higher your chances of approval.

Is Rocket Mortgage the Same as Quicken? Yes. Rocket Mortgage used to be called Quicken Loans. However, the corporate name was changed in May 2021 so as to be consistent with the name of its parent company, Rocket Companies.

Rocket Mortgage® lets you work at your own pace, while providing award-winning customer service and expert advice. It lets you apply online, anytime, at your convenience – which means it's there when you need a fast approval to buy a house or a way to lock your rate when rates drop.

That's why on July 31, 2021, Quicken Loans changed its name to Rocket Mortgage. Rocket Mortgage inspired sister companies like Rocket Homes® and Rocket Loans® to do the same and revolutionize the way people find homes and get personal loans. Now, Quicken Loans has joined them by having Rocket in its name.

Maintaining a high credit score helps you qualify for a loan. Specifically, 620 is the minimum FICO® score requirement for a conventional mortgage. FHA loans and VA loans have less stringent standards, allowing borrowers with scores of 580 or lower to qualify.

ICICI Bank's Express Home Loans are designed to make your Home Loan process, quick and easy. It is easy to apply for a Home Loan online anytime, anywhere. Avail quick approval, once you submit your application, online.

fair credit scores Rocket Loans is best for borrowers with fair credit scores who need money fast. Rocket Loans is transparent about its loan process. It also serves borrowers with fair credit scores as low as 640.

Cons. Getting a customized interest rate requires a credit check, which can affect your credit score. Origination fees are on the high side compared with other lenders, according to the latest federal data. Doesn't offer home equity lines of credit.

Rocket Loans is best for borrowers with fair credit scores who need money fast. Rocket Loans is transparent about its loan process. It also serves borrowers with fair credit scores as low as 640. But consumers with excellent credit can likely get a personal loan with lower fees elsewhere.

Quicken Loans officially changed its name to Rocket Mortgage as a nod to what the company does best – take a complicated process and make it simpler and faster using technology.

Rocket Mortgage is an online direct-lending platform for residential mortgages and home loan products. Rocket Mortgage was formerly known as Quicken Loans, but officially changed its name in 2021. Owned by Rocket Companies, Rocket Mortgage has grown to become one of the most popular mortgage lenders in America.

User-friendly interface: Quicken has a clean and intuitive interface that makes navigating and finding the information we need easy. Budgeting tools: Quicken includes tools for creating and tracking budgets, which help us stay on top of your finances and save money.