QUESTION
Do Quicken Loans offer bank statement loans?
ANSWER
10
As of the last update, Quicken Loans, now known as Rocket Mortgage, primarily focuses on more traditional mortgage options like conventional loans, FHA loans, VA loans, and USDA loans. Bank statement loans, which are typically designed for self-employed individuals or those with non-traditional income sources who may not have the standard documentation required for a mortgage application, are generally not part of Rocket Mortgage's offerings. Instead, bank statement loans are more commonly provided by lenders specializing in non-QM (non-qualified mortgage) lending. Individuals interested in such products might need to seek out alternative financial institutions that offer this type of specialized financing.
EXCLUSIVE OFFER
04.21.2024
DOES QUICKEN LOANS DO BANK STATEMENT LOANS