Rocket Mortgage (Rocket Companies)
Rocket and UWM both say they are the country’s largest mortgage lender. They measure differently: Rocket counts loan units, UWM counts dollar volume. Rocket’s 2025 10-K also shows a company that now owns a home search site (Redfin) and a large servicer (Mr. Cooper). A borrower who finds a home on Redfin may be steered toward Rocket for the loan and have it serviced by Rocket too. That can be convenient. It is also a reason to get a second Loan Estimate.
Last verified: 2026-10-20
Unscored
Public. Direct-to-consumer and partner-network lender; bought Redfin (Jul 1, 2025) and Mr. Cooper (Oct 1, 2025).
Not scored. Not financial advice.
Not financial advice. We describe what companies disclose in their filings. We do not quote rates or recommend a lender. Compare official Loan Estimates before choosing.
At a glance
| Legal entity | Rocket Companies, Inc. (NYSE: RKT) |
| Headquarters | Detroit, MI |
| Segment | Mortgage lenders |
| Scale (as published) | $130.4B closed loan origination volume; $2.1T servicing portfolio UPB (2025) |
| Score | Unscored |
What the sources reveal
Rocket and UWM both say they are the country’s largest mortgage lender. They measure differently: Rocket counts loan units, UWM counts dollar volume. Rocket’s 2025 10-K also shows a company that now owns a home search site (Redfin) and a large servicer (Mr. Cooper). A borrower who finds a home on Redfin may be steered toward Rocket for the loan and have it serviced by Rocket too. That can be convenient. It is also a reason to get a second Loan Estimate.
Key facts
| Fact | Source | Checked |
|---|---|---|
| Calls Rocket Mortgage the nation’s largest mortgage originator by loan units and largest servicer, with a portfolio unpaid principal balance of $2.1T at Dec 31, 2025 (company claim in 10-K). | source | |
| 2025 closed loan origination volume $130,352M ($101,152M in 2024); Direct to Consumer $71,921M. | source | |
| 2025 closed volume by type: conventional conforming $75,555M, FHA/VA $33,403M, non-agency $21,394M. | source | |
| Acquired Redfin in an all-stock deal effective Jul 1, 2025, and Mr. Cooper effective Oct 1, 2025. | source | |
| 2025 total revenue, net $6,695M; net loss attributable to Rocket Companies $(68)M; gain on sale margin 2.83%. | source |
Who it’s actually for
- Borrowers who want a fully digital application with one company handling search, loan and servicing.
- Buyers comfortable shopping their Rocket quote against at least one other lender.
What we could not verify
- Rates, fees and APRs for a given borrower: they change daily and depend on the loan. Compare Loan Estimates instead.
- Customer complaint data (CFPB): not reviewed for this page.
Related
Rocket Mortgage (Rocket Companies) vs United Wholesale Mortgage (UWM) · Lenders, mortgage and title hub · All profiles
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published from sources read this day.
Sources
- Rocket Companies Form 10-K for 2025 · accessed 2026-10-20
Corrections: use our contact page.