Here's what you need to know about Rocket Homes and its affiliates.
AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE
Rocket Homes Real Estate LLC ("Rocket Homes")
It may be necessary for you to obtain a mortgage or title work for the sale or purchase of your home. We are pleased to recommend that you arrange financing through Rocket Mortgage® and title work through Amrock.
PLEASE NOTE THAT ROCKET HOMES HAS A BUSINESS RELATIONSHIP WITH ROCKET MORTGAGE AND AMROCK IN THAT ALL COMPANIES ARE WHOLLY OWNED SUBSIDIARIES OF ROCK HOLDINGS, INC. BECAUSE OF THIS RELATIONSHIP, THIS REFERRAL MAY PROVIDE ROCKET HOMES AND/OR ROCK HOLDINGS, INC., WITH A FINANCIAL OR OTHER BENEFIT.
Following is the estimated range of charges by Rocket Mortgage and Amrock for the settlement services they provide. These charges are customary and are provided so that you may compare them to other service provider charges.
| PROVIDER | SETTLEMENT SERVICE | ESTIMATE OF CHARGES |
|---|---|---|
| Rocket Mortgage | Loan Origination | 1% to 2% of loan amount |
| Amrock | Settlement Or Closing Fee | $350.00 - $550.00 (some states higher) |
| Amrock | Title Search/Examination | $250.00 |
| Amrock Title Insurance Company and/or Amrock | Title Insurance | Varies - based on purchase price |
| Amrock Appraisal Services | Appraisal Management Services | $105.00 |
There may be additional charges depending on the loan product or title services you select.
WHILE WE ENCOURAGE YOU TO USE ROCKET MORTGAGE AND AMROCK, YOU ARE NOT REQUIRED TO DO SO AS A PART OF YOUR REAL ESTATE TRANSACTION WITH ROCKET HOMES. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE WHETHER YOU ARE RECEIVING THE BEST SERVICES AND/OR THE BEST RATE FOR THOSE SERVICES.
By clicking continue, I/we have read this disclosure form and understand Rocket Homes is referring me/us to the above described settlement service provider(s) and may receive a financial or other benefit as the result of the referral.
Lauren is a Content Editor specializing in personal finance and the mortgage industry. Her writing focuses on reporting the best places to live in the U.S. based on certain interests and lifestyles. She has a B.A. in Communications from Alma College and has worked as a writer and editor for various publications in Philadelphia, Chicago and Metro Detroit.
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