Buyer(s) that are pre-approved for a mortgage or, have 1.5x the desired deposit amount, in home equity or in liquid investments
First-Time Home buyers
Buyer(s) have 1.5x the desired Deposit Rocket Guarantee amount, in liquid investments , and/or
Buyer(s) Parental guarantors have home equity in the amount of with 1.5x the desired Deposit Rocket Guarantee amount in home equity
For example, to qualify for a $50,000 Deposit Rocket Guarantee, $75,000 of home equity or liquid investments must be verified.