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Rocket Pro TPO announces updates to existing mortgage products

Rocket Pro TPO – the wholesale arm of Rocket Mortgage – made updates to its existing products to court more brokers.

Its ONE+ program – a conventional 1% down home loan program that launched in May – will include Freddie Mac‘s loan product advisor (LPA), which could translate to a 16% increase in client eligibility, Mike Fawaz, EVP of Rocket Pro TPO, said in a recorded video made public this week.

Under the ONE+ program, Rocket covers the remaining 2% needed to reach the required threshold for conventional loans for borrowers purchasing a single-family home and whose income details ⇒

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