Rocket Pro TPO

Address: P.o. Box 717, San Jose, CA 95132

https://www.rocketprotpo.com/

Internal Reviews

(5 reviews)

Total loans closed with Loan Factory
50

Total loans closed with Loan Factory (past 12 months)
19

Lender overview

Basic information

QM Program

Conventional

Home Ready

Home Possible

VA IRRRL

USDA

Loss Payee

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CPL or Subordinate Clause

Mortgagee Clause for Title and CPL Rocket Mortgage, LLC. ISAOA 1050 Woodward Avenue Detroit, MI 48226-1906

Lock policies & Fees

Lock Policies

Lock extension

1st and 2nd 15 day extenstion = 0.25 point.
1st and 2nd 5 day extension = 0.125 point (Final Sigoff pending status or higher)
3rd Rate Extenstion are for 15 days and greater of 0.25 or worst of the market

Relock

1st 15 days= Greater of .25 point or current market
2nd 15 day = Greater of .25 point or current market
3rd extention= Call SOS Hotline

Lock & Shop

Yes

Lender's niche & Overlays

Lender's Niche

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Lender's overlays

overlay

Lender turn time

Initial underwrite (days)

CTC conditions review (days)

Initial CD (days)

Review - Rocket Pro TPO

3.6

5 Google Reviews

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