Rocket Mortgage Integrates With Mint For Refinance Efficiency

Rocket Mortgage Integrates With Mint For Refinance Efficiency

October 14, 2020
Rocket and Mint logos.

Rocket Companies and Intuit's Mint have joined forces for a first-of-its-kind partnership, integrating Rocket Mortgage's fully digital mortgage experience into the Mint app via API. The companies are hopeful that the integration will foster a faster and simplified refinance experience for homeowners, according to a press release.

With the integration, Mint users have the ability to pre-fill information such as current mortgage information that exists in their mint profile. Next, they will be able to search for, apply and lock-in mortgage refinance rates with Rocket Mortgage in as little as eight minutes, according to the release. This marks the first time Rocket Mortgage has been integrated with a personal financial solution.

"Across the country, Americans are struggling with their finances as many face difficult economic times. As interest rates are near an all-time low, now is an ideal time for many to consider refinancing their mortgages and save thousands," said Varun Krishna, senior vice president and head of Consumer Finance at Intuit. "For too long, the refinance process has been an annoyingly tedious and overwhelming experience for all of us to find the right lender and loan for our situation."

"Mint users are financially savvy and keenly aware of their finances – with many using the app to make smart decisions for themselves and their families. These are the consumers who will realize they could free up much needed monthly cash flow with a refinance to today's low mortgage rates," said Tim Birkmeier, chief revenue officer of Rocket Mortgage. "Partnering with Intuit to offer the Rocket Mortgage experience right inside the Mint app is a monumental step for our Rocket Mortgage-as-a-service technology and, more importantly, a great opportunity to vastly improve users' finances."

Technology

Subscribe to the nmp Daily

Subscribe to the NMP Daily