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by cactus2093 1519 days ago
Exactly what I was thinking. Is this really a trend in the overall market or does Rocket Mortgage just suck?

When I looked into it they wouldn't do jumbo loans (which is just anything slightly above the median home price in the state of California these days) and their rates on traditional loans were worse than the big bank I was comparing it to.

On top of that it's not even an automated tech solution like they pretend it is, it seems to be just a thin veneer of a shiny website that then connects you to a traditional lender. So it's not even really any more convenient in terms of submitting paperwork and stuff, at least for the initial quote that was my experience.