This company is known for its excellence in customer service and easy online mortgage application process.While Rocket Mortgage has several physical locations around the United States, these locations exist for team members who work in sales, operations, underwriting, and technology.According to internal company documents, the lender closed $145 billion in mortgage volume in 2019. Quicken Loans/Rocket Mortgage currently employs 20,000 team members across North America.This review explains all this company has to offer, why they stand out among other mortgage lenders, and what you should know before you apply for a home loan. If you’re in the market for any type of home loan, you have probably heard about Quicken Loans and their dominance in the mortgage lending space. And in 2017, the company became the nation’s largest residential mortgage lender. By the end of the following year, the company had closed more than $30 billion dollars in home loans.īy 2014, Quicken Loans was the largest provider of FHA mortgages, and Rocket Mortgage still holds this distinction today. After getting started in Livonia, Michigan, Quicken Loans moved its headquarters to Detroit, Michigan in 2010. With that in mind, you should know that Quicken Loans and Rocket Mortgage are synonymous with one another.Įither way, this company quickly became a leader in the online mortgage space after its initial founding in 1985. This is worth noting because you may see online reviews and ratings for both companies on various platforms. While Quicken Loans is still in existence, the company announced they were changing their name to Rocket Mortgage earlier this year. Primary Mortgage Servicer Satisfaction Study. Rocket Mortgage earned the #1 spot for customer satisfaction in J.D.As one of the top mortgage originators in the United States, Quicken Loans/Rocket Mortgage offers new home purchase loans, mortgage refinancing, VA home loans, FHA loans, USDA loans and more.While the name Quicken Loans is still used in some promotional materials, the company announced it was changing its name to Rocket Mortgage in May of 2021.Founded in 1985, Quicken Loans was one of the earliest companies to break into the online mortgage space.
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