Is Rocket Mortgage Taking Over? Here’s Why That Could Hurt Homebuyers

Rocket Mortgage is rapidly expanding its footprint in the home loan industry. With major acquisitions like Redfin—a top online real estate platform—and Mr. Cooper—one of the largest mortgage servicers in the U.S.—Rocket is aiming to become a one-stop shop for everything from home searches to mortgage refinancing. While that may sound convenient, bigger isn’t always better.

When Mortgage Giants Grow Too Big, Borrowers Pay the Price

When companies grow too large, borrowers can start to feel like just another number. At Indigo Mortgage, we’ve seen how national mortgage giants like Rocket often prioritize volume over personalized service.

Once Rocket fully integrates Redfin and Mr. Cooper, borrowers in their databases are likely to receive constant mortgage offers—whether they’ve asked for them or not. Even more important to understand: just because it’s Rocket Mortgage, doesn’t mean you’re getting the best rate.

According to industry data, Rocket Mortgage closed over $127 billion in loans last year alone—making it one of the largest direct lenders in the U.S. But size doesn’t always translate to savings for borrowers.

Local Brokers Can Offer What Big Lenders Can’t

As a licensed mortgage broker, Indigo Mortgage has access to a wide range of lenders, which allows us to shop around and find the most competitive interest rates and lowest fees for your unique financial situation.

In our experience, Rocket has often fallen short, compared to the options we can offer through multiple wholesale lenders. The convenience of one big brand may seem appealing—but it can come at a cost.

Work With a Local Mortgage Broker Who Puts You First

Thinking about buying a home or refinancing your current loan? Don’t settle for the first offer you see online.

At Indigo Mortgage, we compare rates from a wide range of lenders to find the best deal for you—not just the one that’s best for the lender.

Free consultations

No-obligation quotes

Personalized, local service

Call us today: 505-836-5700

Choose a local expert. Choose a broker. Choose Indigo Mortgage.

Rocket Mortgage®, Redfin®, and Mr. Cooper® are registered trademarks of their respective companies. This website is not affiliated with, endorsed by, or sponsored by Rocket Mortgage, Redfin, or Mr. Cooper.