In 2017, farner was promoted to ceo of quicken loans In 2002, gilbert and a group of private investors purchased quicken loans and its affiliated national title company, title source, inc., from intuit Rocket mortgage, llc, formerly quicken loans, llc, is an american mortgage lender, headquartered in detroit, michigan
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Rocket mortgage uses wholesale funding for loans and online applications as opposed to a branch system.
Gilbert sold rock financial to intuit for $532 million in 1999
He bought the firm, then renamed quicken loans, back 3 years later for $64 million. Jay farner (born march 24, 1973) is an american businessman and investor He is the chief executive officer of quicken loans and rocket mortgage, the nation’s largest mortgage lender Jay farner is chief executive officer of quicken loans/rocket mortgage, the nation’s largest mortgage lender
He is responsible for the leadership and growth of the company.