Canada's
newest lender will offer end-to-end technology platform, ensuring
transparency and speed throughout every step of the homebuying
process
WINDSOR,
ON, July 25, 2023 /CNW/ -- Rocket
Mortgage Canada, a digital mortgage broker and part of Rocket
Companies (NYSE: RKT), today announced it has also become a
mortgage lender – with the goal of helping Canadians easily
navigate the complex homebuying journey. To immediately impact the
mortgage process, Canada's newest
lender will offer a proprietary, tech-driven experience which will
help clients close on their home significantly faster than if they
used the slower, more traditional paper-heavy process.
Homebuyers and homeowners using Rocket Mortgage Canada's lending
services will experience transparency like never before, with the
ability to see the progress of a loan and the next action to be
taken in real-time. Clients will be able to view updates at every
step of the process through a digital portal, providing peace of
mind that necessary documents are uploaded, tasks are completed and
the loan is on the way to closing. These regular and timely
insights will give Canadians clarity and confidence while making
one of life's largest financial decisions – buying a home.
"The Rocket Mortgage brand is synonymous with innovation. For
too long Canadian homebuyers have endured an inefficient and old
way of financing a home that we are eager to transform," said Hash
Aboulhosn, President of Rocket Mortgage Canada. "As a lender, we
are now able to impact every part of the home loan experience –
from working with a mortgage agent to find the right mortgage for
you, to easily submitting the application, through approval and
closing. Because of this, our clients will have the best journey
possible and get the keys to their new home quickly."
The company is building on its mission to create certainty and
simplicity for homebuyers by providing multiple loan options to fit
clients' unique homebuying journey. These include programs offered
with first-time homebuyers in mind, such as options to purchase a
home for as little as 5% down. In addition to providing a home
loan, the company can match clients with a real estate agent, an
insurance provider, a lawyer and more.
Rocket Mortgage Canada will also remain a broker and will
continue offering options from its other valued lender partners –
driving value for consumers by connecting homebuyers and homeowners
with the best mortgage solution for their individual
circumstance.
Rocket Mortgage Canada is currently offering its own mortgage
products in Ontario, where the
company is headquartered, and plans to quickly expand to additional
provinces. Rocket Mortgage Canada will continue to broaden its
programs and services to serve Canadians throughout the
homeownership journey.
For more information, visit www.RocketMortgage.ca.
About Rocket Mortgage Canada
Rocket Mortgage Canada is
a digital mortgage broker and lender and a part of Rocket Companies
(NYSE: RKT). Rocket Companies is a Detroit-based holding
company consisting of personal finance and consumer technology
brands including Rocket Mortgage, LLC, one of the largest mortgage
lenders in the U.S. Founded in 2020, Rocket Mortgage Canada aims to
transform and modernize the mortgage experience
in Canada by providing a streamlined process for
individuals looking to purchase a home or refinance their mortgage.
Rocket Mortgage Canada's mortgage agents aim to deliver the highest
level of client service. For more information, or to apply for a
mortgage, visit RocketMortgage.ca.
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SOURCE Rocket Mortgage Canada