Quicken Loans Introduces EquityOnline!

  • July 1, 2003

In response to consumers’ growing interest in tapping the equity in their homes, Quicken Loans now offers EquityOnline!, a tool on Quickenloans.com that enables homeowners to get approved for a home equity line of credit within five minutes and receive their funds within 10 days.

Read More

Dan Gilbert Purchases Internet-Based Mortgage Lender Quicken Loans From Intuit

  • August 1, 2002

Dan Gilbert, chairman and founder of Quicken Loans® and Rock Financial, today announced that he and a small group of local investors have completed the purchase of the Quicken Loans/Rock Financial mortgage subsidiary from Intuit Inc. Gilbert founded Rock Financial in 1985. Rock Financial grew into one of the largest independent mortgage banks in the country and in May 1998, Gilbert took the company public. The company launched Rockloans.com in January 1999, and quickly became one of the fastest-growing direct mortgage lenders on the Internet. In December 1999, Intuit purchased Rock Financial, renaming the company Quicken Loans Inc.

Read More

Intuit Signs Agreement To Sell Its Quicken Loans Business

  • June 20, 2002

Intuit Inc. (NASDAQ: INTU) today announced it has signed a definitive agreement to sell its Quicken Loans mortgage business. When the transaction closes, Quicken Loans will become a wholly owned subsidiary of a newly created company and will continue to offer residential home mortgages and home equity loans under the Quicken Loans brand. The new company’s investors will be led by Dan Gilbert, chairman of Quicken Loans and founder of Rock Financial Corp. (the predecessor of Quicken Loans), which Intuit acquired in December 1999. Intuit will hold a 12.5 percent equity interest in the new company.

Read More

Microsoft Inks Marketing Agreements With Netbank And Quicken Loans

  • May 13, 2002

Microsoft Corp. today announced that NetBank Inc. (Nasdaq “NTBK”) and Quicken Loans Inc. have signed agreements to advertise on and offer links to their services from CNBC on MSN? Money, available at http://money.msn.com/. The agreements enable the two financial providers to extend awareness of their products to the more than 20 million monthly visitors at CNBC on MSN Money.

Read More