Rocket Mortgage vs Guaranteed Rate

Side-by-side fee breakdown based on verified closing cost data

Rocket Mortgage
A
Guaranteed Rate
A
Rocket Mortgage

276 reports

A

Avg closing costs

$13,602

Junk fees

32% of reports

Lowest Cost
Guaranteed Rate

272 reports

A

Avg closing costs

$12,913

Junk fees

27% of reports

💡 Switching from Rocket Mortgage to Guaranteed Rate could save ~$690 in closing costs.

Fee-by-Fee Comparison

FeeRocket MortgageGuaranteed RateNat. Avg
Courier/Delivery$49$46$58
Appraisal$896$852$1,065
Rate Lock Fee$347$370$347
Recording Fee$283$271$340
Flood Certification$19$19$23
Processing Fee$649$621$777
Origination Fee$8,036$7,873$7,829
Tax Service Fee$104$102$126
Title Search$324$306$388
Underwriting Fee$1,230$1,171$1,459
Credit Report$56$55$68
Document Preparation$163$158$164
Wire Transfer Fee$57$54$68
Settlement/Closing Fee$822$773$973
Title Insurance$3,230$3,174$3,110
Total (median)$13,602$12,913

🟢 Green = lowest for this fee · 🔴 Red = highest for this fee

Verdict

Guaranteed Rate has lower overall closing costs, with a median $690 less than Rocket Mortgage. The biggest differences are in Origination Fee (Guaranteed Rate is lower). Compare their rate offers alongside these closing cost differences — a lower rate can offset higher fees over time. Upload your Closing Disclosure for a detailed, line-by-line audit.

This summary is generated from aggregate closing cost data. It is informational only and not financial advice.

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