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Tagged: Rocket Mortgage
The lender adds 200 broker partners representing $12 billion in potential annual production, while its servicing and real estate businesses strengthen its competitive position
Rocket Mortgage data shows purchases involving older co-applicants have remained resilient
Longtime executive returns to oversee Rocket's $2 trillion servicing portfolio
After four months of testing, Rocket will make VantageScore 4.0 its preferred model for eligible retail loans while keeping both scoring options available to brokers
Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits
Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations
Its $850,000 limit is available through consumer-direct, TPO, and correspondent lending ahead of FHFA’s 2027 announcement
The retail lender matched Rocket’s $845,000 ceiling as this year’s rollout began weeks earlier than it did in 2025
The higher limit gives brokers more room to keep borrowers from crossing into jumbo territory