Quicken Loans’ Thanks a Million Contest Pays Off Client’s Mortgage during a Cleveland Cavaliers Basketball Game

Quicken Loans’ Thanks a Million Contest Pays Off Client’s Mortgage during a Cleveland Cavaliers Basketball Game

Award was culmination of contest to recognize company’s closing of its one millionth loan Cleveland, Ohio – Feb. 05, 2011 - Quicken Loans Inc., the nation’s largest online lender and a top-five retail mortgage lender, paid off a client’s mortgage today as part of its “Thanks a Million” contest. Daniel Carbo of Colchester, Connecticut, received the great news during a center court presentation at this evening’s Cleveland Cavaliers basketball game at Quicken Loans Arena. Two other contenders for the grand prize, Ryan and Tonya Rasnake from Cedar Bluff, Virginia, and Richard and Valerie Purvis from East Haven, Connecticut, each received $5,000 as runners-up in the sweepstakes at tonight’s game. Quicken Loans’ “Thanks a Million” online promotion commemorated the closing of the company’s one millionth mortgage in late 2010. Every client who closed a mortgage between August 2 and December 31, 2010 was automatically entered into a drawing to pay off one client’s loan, ‘up to $250,000. For clients not considering a home purchase or refinance, the company also conducted an online game at its website, www.quickenloans.com, giving visitors the opportunity to win one of several thousand prizes, ranging from credit monitoring services from Quizzle.com, life-size wall graphics from Fathead, home alarm systems from Protect America and gift cards from popular retailers. “The Thanks a Million promotion allowed Quicken Loans the opportunity to reinforce our appreciation for our clients making the choice to finance their home with us — more than one million times over the past 25 years,” said Quicken…

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