About Quicken Loans
Quicken Loans is a company based in Detroit (United States) founded in 1985.. Quicken Loans offers products and services including Home Buying Guide and Mortgage Calculators. Quicken Loans operates in a competitive market with competitors including Better Mortgage, Freedom Mortgage, Wintrust, loanDepot and Hometap, among others.
- Headquarter Detroit, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Quicken Loans, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Acquired by
N/A
(Jun 20, 2002)
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Products & Services of Quicken Loans
Quicken Loans offers a comprehensive portfolio of products and services, including Home Buying Guide and Mortgage Calculators. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Guide for navigating home buying process and budgeting.
Tools to estimate mortgage payments and affordability options.
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Leadership Team
19 people
Software Development Team
14 people
Human Resources and Administration
8 people
Sales and Marketing
5 people
Finance and Accounting
5 people
Data Analysis and Operations Team
2 people
Legal and Compliance
2 people
Operations Team
2 people
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Funding Insights of Quicken Loans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Quicken Loans
Quicken Loans has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Dan Gilbert. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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DG
Dan Gilbert |
Indian angel investor, active in tech startups, based in India.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Quicken Loans
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quicken Loans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quicken Loans Comparisons
Competitors of Quicken Loans
Quicken Loans operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Better Mortgage, Freedom Mortgage, Wintrust, loanDepot and Hometap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Residential mortgage loans are facilitated via an online marketplace.
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Mortgage services are provided for home purchases and refinancing options.
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Bank offering diversified financial services
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Consumer loans for personal and home needs are provided online.
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Provider of Home loans
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Provider of an app-based platform for residential mortgage loans
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quicken Loans
Frequently Asked Questions about Quicken Loans
When was Quicken Loans founded?
Quicken Loans was founded in 1985.
Where is Quicken Loans located?
Quicken Loans is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
What does Quicken Loans do?
Quicken Loans was founded in 1985 and is headquartered in Detroit, United States. An online platform is maintained for mortgage services within the financial sector. Various home loan products are offered, including FHA loans, VA loans, adjustable-rate mortgages, jumbo loans, 15-year fixed mortgages, and reverse mortgages. Financial tools are provided for calculations related to refinancing, home purchases, affordability assessments, and rent-versus-buy comparisons.
Who are the top competitors of Quicken Loans?
Quicken Loans's top competitors include loanDepot, Better Mortgage and Mr. Cooper.
What products or services does Quicken Loans offer?
Quicken Loans offers Home Buying Guide and Mortgage Calculators.
Who are Quicken Loans's investors?
Quicken Loans has 1 investor. Key investors include Dan Gilbert.