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Rocket, Redfin Offer Homebuyers Up To $20K Savings

Rocket is offering clients up to $20,000 in lender-paid credits and commission discounts when they buy, sell and finance with Redfin and Rocket Mortgage.

Following its promise to improve home affordability, Rocket is offering buyers and sellers five-figure savings through lender-paid credits from Rocket Mortgage and Redfin commission discounts. Existing Rocket Mortgage clients max out at $20,000 in savings, while new clients max out at $12,000.

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The savings break down into three tiers:

  • Buying and financing (new client): 0.75 percent of the loan amount, up to $6,000
  • Buying, selling and financing (new client): 0.75 percent of the loan amount, up to $12,000
  • Buying, selling and financing (existing clients): 1.50 percent of the loan amount, up to $20,000

Heather Lovier

“We brought Rocket and Redfin together to make the path to homeownership simpler, more connected and more affordable,” said Heather Lovier, Chief Operating Officer of Rocket Companies, in a written statement. “Now clients can experience that promise in a way that matters: more money staying in their pockets and an easier homebuying journey from start to finish.”

The new offer stands alongside Rocket Preferred Pricing, which was launched in June 2025.

The program provides a 1 percent temporary rate buydown for the first year of a loan, or up to $6,000 in lender credits to homebuyers taking out a conventional, FHA or VA mortgage from Rocket. It’s available to buyers represented by a Redfin real estate agent, a Redfin partner agent or a Rocket Homes Partner Agent and is offered on listings represented by Redfin agents.

In February, the company expanded Rocket Preferred Pricing to buyers working with an agent from @properties, Better Homes and Gardens Real Estate, CENTURY 21, Christie’s International Real Estate, Coldwell Banker, Compass, Corcoran, ERA or Sotheby’s International Realty, as part of its three-year partnership with Compass International Holdings.

Rocket has spent much of the past year beating the drum on housing affordability, with the company aiming to cut transaction costs on the median-priced home from $40,000 to $20,000 by trimming agent fees, mortgage gain-on-sale and title premiums.

Varun Krishna

“We see this every single day in our approval pipeline: demand exists, but what buyers really lack is just access to quality inventory,” Rocket CEO Varun Krishna said in remarks during his company’s fourth quarter earnings call. “And just to give you one factoid, you know, about half of the homes that are for sale in this country have been on the market for 60 days or more. That’s like three times higher than what it was five years ago.”

“So there is some supply, but it’s not efficiently matched with demand, and it’s not nearly as much as it should be,” he added. “This is really about structurally improving how buyers and sellers connect, both improving inventory, creating a more efficient lead flow in the business model, and then driving a more seamless mortgage integration.”

Email Marian McPherson

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