Agent FAQ's
Need an answer to your question before you apply with Rocket Advance? Here are the most commonly-asked questions we receive.
01How fast can I get funded?
As long as we receive all correct documentation and no further review is needed, you can be approved and receive your funds in as little as 15 minutes.
Speed depends on how quickly we receive complete documentation.
02What types of deals can I advance?
We advance on all types of deals. Residential, commercial, team splits, referral structures, you name it. The best way to find out is simple: submit the pre-approval form and our team will review your file immediately.
03How do I know how much I’ll receive?
Everything is completely transparent. The very first communication you’ll receive from us after submitting your pre-approval form is the exact dollar figure that will be deposited into your account once all required documentation is submitted and signed.
No surprises. No hidden calculations.
04What if my closing date is months away?
05Can I speak to someone directly about my file?
Yes. You will have direct communication with our team throughout the process. If there are questions about the deal structure or closing timeline, we address them quickly.
06How does repayment work?
Repayment happens directly from the brokerage at closing. The agreed amount is deducted from your commission proceeds and the remaining balance is released to you as usual.
07What happens if the deal collapses or the closing date changes?
If your closing date changes, simply let us know. We will update the advance to reflect the new closing date and adjust everything on our end so it aligns with your deal.
If a deal falls through, reach out right away. We can move the advance to another active deal or restructure your repayment plan as needed. We move quickly and work with you to find a solution.
08Can I advance multiple deals at once?
Absolutely! If you have multiple active transactions, you can submit multiple deals for review.
09Will anyone find out about my advance?
No. Your advance is handled discreetly between you, Rocket Advance, and your brokerage. Our process is fully secure, with protected systems and strict privacy protocols in place to ensure your personal and deal information stays confidential from start to finish.
10Will this show up on my personal credit?
No. We do not check your personal credit, and your advance is not reported to consumer credit bureaus. It has no impact on your credit score.
11How do I get started?
Submit the pre-approval form and our team will take it from there.