Company Profile
Quicken Loans
Company Overview
At Quicken Loans, Rock Financial, and Title Source, we have 3,000 passionate home loan experts dedicated to getting our clients into the home of their dreams and finding the right loan to save them thousands of dollars each year.
We are consumer-focused, online mortgage company providing:
-Direct access to mortgage specialists—seasoned professionals who can personally answer any question clients have via email, fax or phone from application to close.
-Online pre-qualification—to speed up the application process and eliminate loads of paperwork.
-Instant real-time loan comparison and thousands of financing options.
-Comprehensive home-financing information—clients can learn all there is to know about home purchasing, refinancing or home equity loans and find the loan that fits their needs.
-Real-time loan status information—clients can find out immediately where their application stands on a real-time basis at any point in the mortgage process.
A few more facts about us:
-We have more than 25 years of mortgage lending experience.
-We close loans in all 50 states.
-9 out of 10 clients say they'd recommend Quicken Loans to others.
-Our clients give us an "A"! We have a 94% client satisfaction score from the survey taken by clients when they close their home loan.
-We are the preferred mortgage lender for several of America's top companies, including AT&T, Google, Yahoo!, Compuware, EDS, and many others.
-Quicken Loans, Inc closed $19 billion in home loan volume in 2007.
-The Quicken Loans/Rock Financial Internship Program has been awarded the "2007 Employer of the Year" award from the Michigan Council for Internships and Cooperative Education.
-The Michigan Business & Professional Association ranked us #1 on its "101 Best and Brightest Companies to Work For" in Metro Detroit in 2002, 2005 and 2007.
Company History
Quicken Loans, previously Rock Financial Corporation, was founded in 1985 by Daniel Gilbert, and soon became one of the largest independent mortgage banks in the country.
Within a couple of years, we were on our way to becoming one of the largest mortgage lenders in the country.
Thirteen years after its founding, Rock Financial went public. In May 1998, Gilbert launched a successful IPO underwritten by Bear Stearns and Prudential Securities. Initially a brick-and-mortar lender, we launched Rockloans.com in January 1999, which quickly made us one of the fastest growing online direct mortgage lenders on the Internet.
In December 1999, Intuit Inc. (makers of market leading software Quicken TurboTax and Quicken) purchased Rock Financial. The company was renamed Quicken Loans and Dan Gilbert is still our beloved chairman.
In June 2002, Gilbert announced he would lead a small group of private investors in purchasing the Quicken Loans subsidiary back from Intuit. He completed the purchase a month later and our company retained all Quicken Loans branding and marketing initiatives. In Michigan, we're Rock Financial, a Quicken Loans Company—the largest mortgage company in the state.
Now, we’re a leading provider of direct-to-consumer home loans on the Internet (www.quickenloans.com), offering mortgages in all 50 states. Quicken Loans, Inc has 3,000 employees and closed $19 billion in home loan volume in 2007. We are ranked as the nation's largest online retail home lender by National Mortgage News, the trade publication that maintains industry data. Our plan is to become the largest mortgage lender in the country.
Quicken Loans Has Recently Been Ranked:
-In the top 30 of FORTUNE Magazine's "100 Best Companies to Work For" in America list year after year.
-#1 on Computerworld Magazine's list of the "100 Best Places to Work in IT" for three consecutive years.
-The Michigan Business & Professional Association named us best overall on its "101 Best and Brightest Companies to Work For" in Metro Detroit in 2002, 2005 and 2007, and the Elite Award winner for "Compensation and Benefits" in 2006.
-"Best of the Web" site by Forbes, Money and PC magazines
Benefits
Quicken Loans, Rock Financial and Title Source offer one of the most highly competitive benefits packages available. Our team members get medical, dental and vision coverage, 401k with employer match, a flexible spending account, and more!
We wouldn’t be named to Crain’s Detroit Business "Cool Places to Work" list if it weren’t for the company perks. From referral bonuses to basketball tickets, barbecues, and so much more—there’s just no better place to be!
We strongly value our team members and we feel that it’s important for them to be excited to come to work. In fact, you can read www.whatsthediff.com, the Quicken Loans blog, to learn about the things our employees are passionate about. It's our opinion that passionate employees are good employees. So you could be attending an intensive mortgage banker training course one day and the next, you might be joining a pie-throwing contest at the company barbecue or receiving a Gilbert Award for a job well-done! There are just so many things going on here, it’s amazing! Learn More about Our Company Events