Rocket Mortgage Opens Up to 3rd-Party Brokers

Rocket Mortgage Canada, the Canadian sibling of U.S. lending giant Rocket Mortgage, will soon allow 3rd-party brokers to submit deals.

The company is launching its new broker division, dubbed Rocket Mortgage Pro, next week. It's doing so with brokers from a single firm to start: BRX Mortgage.

The move is just the latest in a trend of direct-to-consumer (DTC) discount lenders diversifying their originations into the broker channel.

What follows is MLN's take, along with a deep dive into what makes Rocket Mortgage Pro tick.

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