How do I calculate a VA loan with Rocket Mortgage?

To calculate a VA loan with Rocket Mortgage, one would begin by visiting the Rocket Mortgage website or contacting their customer service directly. It's important to gather all necessary financial information including credit score, income, debts, and details about the home one plans to purchase. With Rocket Mortgage's online tools, individuals can input this information into their VA loan calculator to receive an estimate of what they might qualify for. This tool will take into account the unique benefits offered by VA loans, such as $0 down payment and no private mortgage insurance (PMI). However, it should be noted that for an official loan offer and precise calculations, a formal application process must be completed through Rocket Mortgage, which may include documentation verification and a credit check.