Rocket Mortgage, LLC mortgage approval rate & lending review
Rocket Mortgage, LLC decided 1,025,141 mortgage applications and funded 816,153 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Rocket Mortgage, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to rocketmortgage.com.
Rocket Mortgage, LLC at a glance
Approval is 5.5 points above the 76.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 87% | 302,461 / 349,354 | 99% | $335K | 299,188 |
| Home improvement loans | 73% | 8,306 / 11,386 | 97% | $115K | 8,059 |
| Cash-out refinance | 80% | 398,459 / 499,152 | 97% | $155K | 386,211 |
| Refinance | 79% | 91,806 / 116,759 | 94% | $315K | 85,855 |
| Investment property purchase | 84% | 23,840 / 28,544 | 98% | $265K | 23,474 |
| Investment cash-out refinance | 71% | 8,163 / 11,544 | 97% | $205K | 7,939 |
| Investment refinance | 66% | 3,991 / 6,031 | 96% | $275K | 3,815 |
| Investment home improvement | 70% | 1,664 / 2,371 | 97% | $155K | 1,612 |
Rocket Mortgage, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 82% | $675K | 128,031 | 102,701 |
| Florida | 79% | $255K | 104,191 | 79,513 |
| Texas | 79% | $275K | 79,477 | 61,105 |
| Michigan | 84% | $235K | 54,202 | 44,364 |
| Georgia | 81% | $165K | 47,143 | 37,071 |
| Pennsylvania | 81% | $165K | 42,667 | 33,708 |
| North Carolina | 85% | $165K | 42,053 | 34,501 |
| Ohio | 81% | $135K | 39,564 | 31,405 |
| Arizona | 84% | $235K | 38,256 | 31,504 |
| New York | 78% | $185K | 35,202 | 26,867 |
| New Jersey | 83% | $155K | 33,934 | 27,260 |
| Illinois | 80% | $285K | 29,847 | 23,324 |
| South Carolina | 84% | $155K | 24,685 | 20,112 |
| Washington | 85% | $435K | 24,595 | 20,266 |
| Maryland | 82% | $225K | 23,630 | 18,713 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Rocket Mortgage, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Los Angeles County, CA | Mortgage lenders | 86% | 11,344 | 9,585 |
| Maricopa County, AZ | Cash-out refinance | 84% | 11,723 | 9,518 |
| Maricopa County, AZ | Mortgage lenders | 90% | 8,364 | 7,452 |
| Los Angeles County, CA | Cash-out refinance | 77% | 9,186 | 6,894 |
| Harris County, TX | Mortgage lenders | 84% | 6,781 | 5,611 |
| Wayne County, MI | Mortgage lenders | 85% | 6,626 | 5,594 |
| Oakland County, MI | Mortgage lenders | 91% | 5,007 | 4,541 |
| Wayne County, MI | Cash-out refinance | 79% | 5,477 | 4,211 |
| Riverside County, CA | Cash-out refinance | 80% | 5,324 | 4,162 |
| San Diego County, CA | Mortgage lenders | 87% | 4,758 | 4,094 |
| Cook County, IL | Mortgage lenders | 83% | 4,892 | 4,001 |
| Riverside County, CA | Mortgage lenders | 86% | 4,568 | 3,880 |
The county markets where Rocket Mortgage, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Rocket Mortgage, LLC
What is Rocket Mortgage, LLC's mortgage approval rate?
Rocket Mortgage, LLC approved 81.8% of the 1,025,141 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.5 points above the 76.3% national rate for the same mix of loan types.
How often do borrowers take the loan Rocket Mortgage, LLC offers?
Borrowers accepted 97% of the loans Rocket Mortgage, LLC approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Rocket Mortgage, LLC make?
The typical cash-out refinance loan Rocket Mortgage, LLC made was $155K; across all loan types its typical loan ran from $115K to $335K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Rocket Mortgage, LLC lend?
Rocket Mortgage, LLC decided applications in 51 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to Rocket Mortgage, LLC directly?
Yes. Rocket Mortgage, LLC reports as a direct lender that takes applications from borrowers. Its website is rocketmortgage.com.
Does this page show Rocket Mortgage, LLC's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Rocket Mortgage, LLC treats applications, then get a rate quote from the lender.