Rocket mortgage how much can i borrow

How much mortgage you can qualify for depends on how much debt a lender thinks you can take on. That doesnt mean you have to borrow the entire amount if it would put you under significant financial strain.

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. As can refinancing your home mortgage to the tune of 1 less percentage point. You can borrow up to 25 million on a jumbo loan and up to 2 million with a VA loan through Rocket Mortgage. While it might not seem like much of a benefit at first a 1 difference in interest savings or even a quarter or half of a percent in mortgage interest rate savings can potentially save you thousands of dollars on a 15- or 30-year mortgage.

Rocket Mortgage says it can close a loan in eight days in a best-case scenario.

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