How can you use your rent payments to turn them into Home Ownership? With a Rocket mortgage, homebuyers earn 10% back on the last 12 months of rental payments – receiving up to $5,000 in lender credits toward closing costs. With the national average rent at $1,800, that translates to $2,160 applied toward a client’s closing costs – one of the biggest financial hurdles for first-time homebuyers.
For more information: Rocket Mortgage Unveils RocketRentRewards: Transforming Rent Payments Into Homeownership | Rocket Companies