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Updated over 2 years ago on . Most recent reply

Robert B.'s profile image
Robert B.'s profile image
Robert B.
  • Investor
  • from Long Island, NY
  • Member since Jan 10, 2020
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Robert B.'s profile image
Robert B.'s profile image
Robert B.
  • Investor
  • from Long Island, NY
  • Member since Jan 10, 2020
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Robert B.
  • Investor
  • Long Island, NY
10
Votes |
17
Posts
Private Lending & Conventional Mortgage Advice

I think I'm gonna try out Rocket Mortgage...

Robert B.
  • Investor
  • Long Island, NY
Posted

Planning to pull 200k out of a small investment property in South Jersey. Rocket said they could close within 3 weeks; 75% LTV, 6.997%. I placed an inquiry in their website and my phone rang immediately. Salesperson was aggressive; I like that.

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Taylor L.'s profile image
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Taylor L.
  • Rental Property Investor
  • from RVA
  • Member since Jun 22, 2016
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Taylor L.'s profile image
Taylor L.'s profile image
Taylor L.
  • Rental Property Investor
  • from RVA
  • Member since Jun 22, 2016
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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

I talked with them earlier this year about an acquisition, but when push came to shove I got a better rate and much lower fees with a different lender. I'd just say shopping around is a good idea.

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