Rocket Pro TPO Takes Off 24 BPS For Brokers – NMP Skip to main content

Rocket Pro TPO Takes Off 24 BPS For Brokers

Nov 04, 2024
Rocket Pro TPO Mike Fawaz
Associate Editor

Rocket Pro TPO EVP Mike Fawaz and DVP Nathan Kyle give thanks to brokers this November

In the spirit of this upcoming Thanksgiving, Rocket Pro TPO, the wholesale lending arm of Rocket Companies, is providing its broker partners a 24 basis-point credit for all eligible loans as part of its new 24 Takeoff promotion, available now through Nov. 17. 

Rocket Pro TPO Executive Vice President Mike Fawaz unveiled the 24 Takeoff promotion in a YouTube video posted today, stating that the 24 basis-point discount is eligible for purchases and refinances on conventional, VA, and FHA loans, though some exclusions do apply.

The offer is not valid on jumbo, home equity, or bank statement loans, and cannot be retroactively applied to previously closed or locked loans, company officials said. Also, the offer is not valid with any other discounts or promotions including ONE+ and Welcome Home RateBreak. 

“But that's not all — November is dedicated to honoring veterans and active duty service members,” Fawaz added before introducing Rocket Pro TPO Divisional Vice President Nathan Kyle, who is a proud military veteran himself.

In the video, Kyle invites brokers to its special pro performance sales training where they can “learn to serve those who have served us." The session is open to the entire community and is set to take place on Nov. 15 at 2 p.m. EST.

“Partner or not, it’s your chance to learn from industry-leading professionals who are veterans themselves offering you valuable insights into the veteran perspective,” Kyle added.

Brokers interested in attending the session can sign up through the Rocket Pro TPO portal or on Rocket’s social media channels. 
 

About the author
Associate Editor
Katie Jensen is a mortgage news reporter at NMP.
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