Your Rocket Loans approval odds are good if you have a low debt-to-income ratio and meet Rocket Loans’s requirements to get a loan. Some requirements include being at least 18 years old, having enough income to make monthly payments and having a credit score of 640+, according to multiple third party sources. If you meet all the requirements, your approval odds are high, but approval is never guaranteed.
What You Need for Good Rocket Loans Approval Odds
- Credit Score Requirement: 640+, according to multiple third party sources
- Age: 18 Years old (at least 19 years old in Nebraska and Alabama)
- Identification: Social Security number
- Bank Account: Verifiable bank account
- Residency: All states except Iowa and U.S. territories
- Citizenship: U.S. citizen or permanent resident
- Income: $24,000
Before applying for any personal loan, it’s a good idea to check to see if you pre-qualify in order to estimate your approval odds. You can use WalletHub’s free pre-qualification tool to check with multiple lenders at once.
This answer was first published on 04/04/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.