Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market.

The Michigan lender, which racked up record profits with its call center model during the pandemic due to a large number of refis, said hiring local LOs isn’t really a shift in its business model. Rather, Rocket is simply focused on the purchase market now, just like most other lenders in this market.

“I wouldn’t call that (hiring local LOs) a shift in details ⇒

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