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Updated Aug. 30, 2024
In 2022, Rocket Mortgage entered Canada after providing seed funding to Windsor, Ontario-based Edison Financial.
Now rebranded as Rocket Mortgage Canada, it's a subsidiary of Rocket Mortgage which was founded in 1985 and is headquartered in Detroit, MI.
Though Rocket Mortgage is one of the largest mortgage lenders in the United States, it operates in Canada as a broker only, offering an online application process that provides quotes and approval for mortgages. Calculators and home affordability calculators also help prospective homebuyers assess their buying or refinancing needs.
Rocket Companies, which owns Rocket Mortgage and Rocket Mortgage Canada, also offers title insurance, home valuation and property valuations to its US customers.
Comparison shopping is the key to saving. For people looking at mortgage rates, RATESDOTCA is the first and last site you’ll need to research, find and execute on the best rate that works for you.
Once you receive free quotes, you’ll be contacted by RATESDOTCA and connected to Rocket Mortgage.
No. Rocket Mortgage is based in Detroit, MI.
Rocket Mortgage Canada (formerly Edison Financial) is owned by Rocket Companies, owner and operator of Rocket Mortgage in the US – the largest mortgage lender in America. Rocket Mortgage Canada operates as a broker rather than a lender.
Rocket Mortgage Canada is a mortgage broker.
Joel Kranc is a freelance writer and content provider who has worked with RATESDOTCA since 2019. He holds an MA in political science from the University of Toronto and a film certificate from New York University.
He has been published in and worked for such companies as CNN, Rogers Media, Institutional Investor Magazine, The Globe and Mail, Infrastructure Investor, BenefitsPRO Magazine, Global Finance Magazine, With Intelligence, the CPP Investment Board, Hospitals of Ontario Pension Plan, and many more financial services and industry publications.
He is the author of "Retirement Planning in 8 Easy Steps," which, when released in 2015, was No. 11 on the Publisher's Weekly US Bestseller List for Business and Finance, beating out Mark Cuban's "How to Win at the Sport of Business."
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