This article contains content that is written like an advertisement. (August 2022) |
Formerly | Rock Financial (1985–1999) Quicken Loans, LLC (1999–2021) |
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Company type | Public company |
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Industry | |
Founded | 1985 | (as Rock Financial)
Founders |
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Headquarters | One Campus Martius, , U.S. |
Key people | Varun Krishna(CEO), Bill Emerson (COO), Bob Walters (COO) |
Products | |
Brands | Rocket Mortgage |
Revenue | US$15.735 billion (2020) |
US$9.532 billion (2020) | |
US$932 million (2020) | |
Total assets | US$37.535 billion (2020) |
Total equity | US$7.882 billion (2020) |
Owner | Dan Gilbert (93.2%) |
Number of employees | 24,000 (2020) |
Parent | Rocket Companies, Inc. |
Subsidiaries | Rocket Mortgage, Amrock, Amrock Title Insurance Company, Lendesk, Edison Financial, Rocket Homes, ForSaleByOwner.com, Rocket Loans, Rocket Auto, Core Digital Media, LowerMyBills.com, Rock Connections, Rocket Central, Rocket Innovation Studio, Rocket Money (Truebill) |
Website | |
Footnotes / references [1][2][3][4][5] |
Rocket Mortgage, LLC, formerly Quicken Loans, LLC, is an American mortgage lender, headquartered in Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S., it was also the largest online retail mortgage lender in 2018.[6] In the third quarter of 2022, the title of largest overall lender was relinquished to United Wholesale Mortgage Company.[7] Rocket Mortgage relies on wholesale funding to make its loans and uses online applications rather than a branch system.[8] Amrock and One Reverse Mortgage are also part of the Rocket Mortgage Family of Companies.[9] The company closed more than $400 billion of mortgage volume across all 50 states from 2013 through 2017.[10]
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