Rocket Mortgage

Rocket Mortgage, LLC
FormerlyRock Financial (1985–1999)
Quicken Loans, LLC (1999–2021)
TypePublic company
Founded1985 (1985) (as Rock Financial)
HeadquartersOne Campus Martius, ,
Key people
Bill Emerson (Interim CEO), Bob Walters (COO)
BrandsRocket Mortgage
RevenueIncrease US$15.735 billion (2020)
Increase US$9.532 billion (2020)
Increase US$932 million (2020)
Total assetsIncrease US$37.535 billion (2020)
Total equityIncrease US$7.882 billion (2020)
OwnerDan Gilbert (93.2%)
Number of employees
24,000 (2020)
ParentRocket Companies, Inc.
SubsidiariesRocket Mortgage, Amrock, Amrock Title Insurance Company, Fathead, Nexsys Technologies, Lendesk, Edison Financial, Rocket Homes,, Rocket Loans, Rocket Auto, Core Digital Media,, Rock Connections, Rocket Central, Rocket Innovation Studio, Rock Ventures (As a holding) Rocket Innovation Studio, Rocket Solar,,, Rocket Money (Truebill)
Footnotes / references

Rocket Mortgage, LLC (formerly known as Quicken Loans, LLC) is a mortgage loan provider. It is headquartered in the One Campus Martius building in the financial district of Downtown Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S. (it is also the largest online retail mortgage lender).[6] Unlike other large mortgage lenders that depend on deposits, Rocket Mortgage relies on wholesale funding to make its loans and uses online applications rather than a branch system.[7] Amrock and One Reverse Mortgage are also part of the Rocket Mortgage Family of Companies.[8] The company closed more than $400 billion of mortgage volume across all 50 states from 2013 through 2017.[9]

  1. ^ "Rocket Companies, Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Rocket Companies, Inc. 2020 Schedule 14A". U.S. Securities and Exchange Commission.
  3. ^ "Our Companies".
  4. ^ "Rocket Companies to Acquire Truebill, Adding Rapidly Expanding Financial Empowerment FinTech to the Rocket Platform".
  5. ^ "Our Leadership". Rocket Companies. Retrieved 26 June 2023.
  6. ^ Pender, Kathleen (2018-02-01). "Quicken Loans tops Wells Fargo to become No. 1 in retail home loans". San Francisco Chronicle.[1]
  7. ^ "A new foundation". The Economist. ISSN 0013-0613. Retrieved June 3, 2016.
  8. ^ "Financial Services | Rock Ventures". Retrieved August 19, 2016.
  9. ^ "Quicken Loans, the Nation's Largest Mortgage Lender, Among FORTUNE's Top-15 Best Places to Work in America | Quicken Loans Pressroom". Quicken Loans Pressroom. 2018-02-15. Retrieved 2018-03-10.

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