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Closing Cost Rewards: Who’s eligible to redeem Rocket Rewards points toward closing cost?
Closing Cost Rewards: Who’s eligible to redeem Rocket Rewards points toward closing cost?
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Written by Chase S.
Updated over 2 months ago

In general, you’re eligible for the closing cost credit if you’re getting a Rocket Mortgage loan that’s a retail purchase mortgage. You’re not eligible if your loan is a refinance loan or you applied through a broker or one of our partners like Charles Schwab advisor.

Up to $8,000 in card points value can be redeemed toward a new Rocket Mortgage purchase transaction, applied as an asset to the applicant’s closing statement, offsetting applicant required funds to close. Not available in conjunction with third party originated or Charles Schwab partner loans. Subject to Cardholder Rewards Terms of Use.


All Rocket Visa Signature Cards are powered by Deserve and issued by Celtic Bank.

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