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Rocket Loans
Rocket Loans

Rocket Companies› offers Rocket Loans

ProductOperating Status: Currently Offered

Online personal-loan marketplace offering fixed-rate loans of $2,000 to $75,000 through Rocket Companies.

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Overview

Rocket Loans is the consumer personal-loan offering operated by RockLoans Marketplace LLC, a Rocket Companies subsidiary serving clients through a fully online application at rocketloans.com. Borrowers can qualify for fixed-rate, unsecured loans from $2,000 to $75,000 with 36- or 60-month terms and funding as soon as the same day.

Loans are originated by Cross River Bank and carry APRs from 7.99 percent with autopay to 29.99 percent, with an origination fee of up to 9.99 percent disclosed before acceptance. The offering extends the Rocket Companies platform beyond home lending into unsecured personal credit for debt consolidation, home improvement, and major expenses.

Rocket Loans - Classification

Industry
  • Lending

More from Rocket Companies

  • Rocket Mortgage Home Equity Loan logo

    Rocket Mortgage Home Equity Loan

  • Rocket Mortgage Refinance logo

    Rocket Mortgage Refinance

  • Rocket Mortgage Purchase Loans logo

    Rocket Mortgage Purchase Loans

  • Rocket Mortgage logo

    Rocket Mortgage

Rocket Loans - Direct Competitors

  • Ascend Consumer Finance

    Ascend Consumer Finance logo

    Ascend Personal Loan

    ascendloan.com

  • Best Egg

    Best Egg logo

    Best Egg Personal Loans

    bestegg.com

  • Happen

    Happen logo

    LendingClub Personal Loans

    happen.com

  • Prosper Marketplace

    Prosper Marketplace logo

    Prosper Personal Loans

    prosper.com

AttributeRocket LoansAscend Personal LoanBest Egg Personal LoansLendingClub Personal LoansProsper Personal Loans
ProviderRocket Companiesrocketcompanies.com1.8B raisedAscend Consumer Financeascendloan.com12.5M raised · Series ABest Eggbestegg.com225M raisedHappenhappen.com392.2M raised · Series DProsper Marketplaceprosper.com490.5M raised · Series G
Founded19852014201420062005
Sells ToConsumerConsumersConsumerIndividuals—
Pricing Model———Interest Income—
OwnershipPublic Company—Acquired SubsidiaryPublic Company—
Rocket Loans

Provider Rocket Companiesrocketcompanies.com1.8B raised

Founded 1985

Sells To Consumer

Pricing Model —

Ownership Public Company

Ascend Personal Loan

Provider Ascend Consumer Financeascendloan.com12.5M raised · Series A

Founded 2014

Sells To Consumers

Pricing Model —

Ownership —

Best Egg Personal Loans

Provider Best Eggbestegg.com225M raised

Founded 2014

Sells To Consumer

Pricing Model —

Ownership Acquired Subsidiary

LendingClub Personal Loans

Provider Happenhappen.com392.2M raised · Series D

Founded 2006

Sells To Individuals

Pricing Model Interest Income

Ownership Public Company

Prosper Personal Loans

Provider Prosper Marketplaceprosper.com490.5M raised · Series G

Founded 2005

Sells To —

Pricing Model —

Ownership —

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