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As your financial needs change, your mortgage can too.

 

Rocket Mortgage

Enjoy exclusive discounts available through Schwab Bank.

Take advantage of discounts and competitive rates through Schwab Bank's Investor Advantage Pricing.1

  • 0.25%

    interest rate discount

    $250k - $999k
    in qualifying assets1

  • 0.50%

    interest rate discount

    $1M – $4.9M
    in qualifying assets1

  • 0.75%

    interest rate discount

    $5M – $9.9M
    in qualifying assets1

  • 1.00%

    interest rate discount

    $10M+ in qualifying assets¹ 

Featured rates

  • With our latest exclusive offer, the more qualifying assets you have with Schwab, the more you may save on home purchase or refinance loans.

    Schwab Bank also offers clients a premier home lending experience with award-winning service from our home loans provider Rocket Mortgage – America's Largest Mortgage Lender.4

    Throughout the loan process, you'll work side by side with both Schwab Bank and a Rocket Mortgage team solely dedicated to serving Schwab clients.

  • Today's featured mortgage rates

    The rates shown below do not include Investor Advantage Pricing discounts and are based on a $850,000 loan and 60% LTV.2

    Jumbo 10 Year ARM Conforming 10 year ARM
    2.875%
    2.948% APR    		 2.625%
    2.830% APR

    Rates as of: 9:45 AM EST 11/26/2021
    See All Rates for More Loan Options and Details >

With Schwab Bank's home lending program provided by Rocket Mortgage, you can choose to refinance your home mortgage when looking to lower your monthly payments or pay off your loan sooner.

With Schwab Bank's home lending program provided by Rocket Mortgage, you can choose to refinance your home mortgage when looking to lower your monthly payments or pay off your loan sooner.

  • Service

    service

    For several consecutive years, J.D. Power has ranked Rocket Mortgage highest in the nation in customer satisfaction for Primary Mortgage Origination and for Mortgage Servicing.3 

    Throughout the loan process, you'll work side by side with both Schwab Bank and a Rocket Mortgage team solely dedicated to serving Schwab clients.

  • Convenience

    Convenience

    Closing may take place at your home, your office, or another preferred location, and you can sign and submit most disclosures and supporting documents electronically.

    With electronic documents, you'll reduce paperwork by signing forms online and from your home, and you'll save time by eliminating the scanning and mailing of forms.

  • Value

    Value

    As a Schwab client, you have access to competitive interest rates for home loans on a variety of loan types.

    Plus, you may be eligible for additional discounts based on your combined assets with Schwab.

Industry Leaders

Find a home loan that's right for you.

  • Fixed-Rate Loan

    Fixed-Rate Loan

    • You want a stable monthly payment for the life of the loan.
    • You are uncomfortable with interest rates rising significantly over the next few years.
    • You are purchasing a home you plan to stay in for a long time.
  • Adjustable-Rate Loan

    Adjustable-Rate Loan

    • You want to lower your initial monthly payments.
    • You plan to sell or refinance your home within the initial fixed-rate period.
    • You expect your income to increase in the future.
    • You don't anticipate interest rates to increase significantly in the future.

     

    Note: Your interest rate and monthly payments may increase after the initial fixed-rate period ends.

  • Interest-Only Loan

    Interest-Only Loan

    • You have plans to sell the property within a short period.
    • If you anticipate the ability to make a large principal reduction within the next few years of the loan, an interest-only loan may be a good option.
    • Interest-only loans6 may be a good fit for your needs if you have irregular income such as investments and commissions, whereas if you have steady income levels your needs may be better satisfied with principal and interest payment loans.
    • After the initial interest-only period, your monthly payments will rise.

How the home loan process works in five steps

Step 1: Your Needs and Goals

Talk to us about your goals.

You'll talk with either your Financial Consultant or a Rocket Mortgage Home Loan Expert about your home financing needs and your goals. They will answer any mortgage questions you may have.

Step 1: Your Needs and Goals

Step 2: Application

You apply.

With your permission, your Rocket Mortgage Home Loan Expert will pull your credit score.

Step 2: Application

Step 3: Sign Your Documents

You provide the requested documents.

Once you're ready to proceed, Rocket Mortgage will help you create an online account to upload and electronically sign your documents.

Step 3: Sign Your Documents

Step 4: Verification

Rocket Mortgage underwrites your loan.

Rocket Mortgage will verify the information you provided and order an appraisal of the property if you are approved.

Step 4: Verification

Step 5: Home Loan Closing

Before you know it, your loan is closing.

When everything is ready, Rocket Mortgage will schedule your home loan closing at a location that's convenient for you.

Step 5: Home Loan Closing
Rocket Mortgage

Don't see the answer you need?
Call Rocket Mortgage at 877-535-4021

Frequently asked mortgage refinancing questions

Want more info on today's rates