Are the closing costs for Rocket Mortgage considered high?

Closing costs for Rocket Mortgage typically fall within the standard range for mortgage lenders, usually amounting to 2-5% of the home's purchase price. While they are not considered exorbitantly high, the actual fees can vary based on the transaction specifics, such as the loan type, the property location, and the details of the buyer's financial situation. As with any lender, it's advisable for potential borrowers to carefully review their Loan Estimate from Rocket Mortgage to understand all the fees involved. Comparing these costs with other lenders can help buyers determine if Rocket Mortgage offers a competitive deal for their particular circumstances.