Do Rocket Mortgage offer home improvement loans?

Yes, Rocket Mortgage offers home improvement loans. Clients can utilize the company's refinancing options to cash out equity for home improvements. Additionally, Rocket Mortgage provides FHA 203(k) renovation loans, which allow borrowers to finance both the purchase of a home and the cost of its rehabilitation through a single mortgage. This is ideal for those looking to buy a fixer-upper or make significant improvements to their current home. These loans can cover a wide range of repairs and renovations including structural alterations, modernizations, and energy conservation improvements, ensuring that borrowers have the necessary funds to transform their property into their ideal home.