Rocket Pro

Rocket Mortgage, LLC. ISAOA P.O. Box 202070 Florence, SC 29502

Rocket Mortgage, LLC. ISAOA 1050 Woodward Avenue Detroit, MI 48226-1906

Free Extensions: 5-day Free Pinnacle Extension.
This extension is free but counts as one of your paid extensions. 15-day Free Padlock Extension; maximum of two padlock extension requests not to exceed 15 days combined.
Your Padlock Vault is replenished with 3 x free extension days for every loan that closes.
The maximum amount of free Padlock extension days you can accrue in your company vault at any given time is 750.
Loan Factory rarely, if ever, goes below 750 as you’re always closing more than you use.
Paid Extensions: Maximum of 2 x extensions at a cost on loans.
If the 5-day Pinnacle Extension is used, this drops to only one remaining extension at a cost, If NOT used, you will continue to have access to two extensions at a cost.
Rate lock periods must be valid through the signing date, not the funding date.
Lock options:
15 day lock period|30 day lock period|45 day lock period|60 day lock period|90 day lock period|180 day lock period

1st 15 days= Greater of .25 point or current market
2nd 15 day = Greater of .25 point or current market
3rd extention= Call SOS Hotline