Loan Approval in 10 Minutes: Rocket Mortgage from Quicken Loans
Want to buy a house but don’t like being tortured by mortgage brokers? Quicken Loans has a new “rocket loan” mobile app called Rocket Mortgage which touts loan approval in 10 minutes, all done from your phone, without having to talk to a single human. The programs aren’t optimal, but welcome to the future! Expect all the major lenders to eventually follow suit, as they vie for those coveted millennial buyers.