Exactly how Quicken Loans Got Come: A small History

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Dan Gilbert founded Material Financial in 1985, which would later become Rock Economic. In 1999, the company was renamed Quicken Financing after being acquired by Intuit. The team behind Quicken Loans has a rich history that spans over three decades.

Quicken Loans has seen its fair share of ups and downs. In 2002, Gilbert and his dealers returned to the scene, removing individual players from the market. The company's popularity grew rapidly, making it one of the top mortgage lenders in the United States.

Today, Quicken Loans is often considered the largest mortgage lender in the country when looking at only retail mortgage originations. In fact, the company recently overtook San Francisco-based bank Wells Fargo due to its innovative Rocket Financial technology.

If you're planning to buy a home or refinance an existing mortgage, you'll likely come across Quicken Loans during your search. The company has established itself as a major player in the industry, offering a range of mortgage products and services.

So, what makes Quicken Loans stand out from the rest? With its focus on technology and customer service, the company has managed to keep finalized over $1 trillion in mortgages since 2013 - an impressive feat considering it started with just $100,000 in assets back in 1985.

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