Rocket rolls out program that rewards homebuyers

Rocket Mortgage has launched a new loyalty program that enables homebuyers to use reward points to save money on closing costs.

With Rocket Rewards, borrowers can accrue points by completing simple tasks like creating a free Rocket account, reading educational articles, watching informative videos, or using a mortgage calculator on its website. Those who complete their first rewards activity will receive a 7,500-point welcome bonus – equivalent to $75 – that can be applied to savings on closing costs.

“Phase one of Rocket Rewards empowers consumers to gain knowledge and understanding of the home buying process while simultaneously accruing points, and ultimately money, that can help reduce costs when they are ready to buy a home,” said Jenn Steeves-Kiss, chief experience officer for Rocket Central, the centralized hub for the Rocket Companies fintech platform.