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Rocket Mortgage Private Loans - Are They Worth It? - Printable Version +- Forum Banking (http://www.forumbanks.com) +-- Forum: My Category (http://www.forumbanks.com/forum-1.html) +--- Forum: Retail & Consumer Banking (http://www.forumbanks.com/forum-5.html) +--- Thread: Rocket Mortgage Private Loans - Are They Worth It? (/thread-548.html) |
Rocket Mortgage Private Loans - Are They Worth It? - MaxwellTrenton - 02-04-2024 I've been researching rocket mortgage individual loans, and it looks like there are a lot of distinct options available. What factors ought to potential borrowers take into account when comparing those lenders - beyond just the interest rate? RE: Rocket Mortgage Private Loans - Are They Worth It? - JasonSolomon - 02-04-2024 My greatest concern is the fees associated with these loans - what kind of origination fees, prepayment penalties, and late payment charges may possibly be involved? How transparent are those terms? RE: Rocket Mortgage Private Loans - Are They Worth It? - JamesZion - 02-04-2024 I'm wondering on the general reputation and reliability of some of the lenders offering these loans. Are there any common complaints or negative reviews that users have shared? RE: Rocket Mortgage Private Loans - Are They Worth It? - ColtThatcher - 02-04-2024 What kind of documentation and credit checks do they require - are they rigorous sufficient to make sure a good risk assessment, or is it more lenient? How does this affect the eligibility for approval? RE: Rocket Mortgage Private Loans - Are They Worth It? - WillFox - 02-04-2024 Thinking about the present economic climate, how do you think those loan options fit into the broader landscape of mortgage financing - are they offering a viable alternative for those struggling with credit scores? |