Quicken Loans' Hole-In-One Sweepstakes Offers $1 Million for Ace at National Golf Tournament

BETHESDA, Md., May 19, 2014 /PRNewswire/ -- Quicken Loans, in honor of its inaugural year as title sponsor of the Quicken Loans National, will reward one person $1 million if a player in the PGA TOUR event aces the 10^th hole at legendary Congressional Country Club during tournament play from June 26 – June 29. An additional $25,000 will be donated to the charity of the professional golfer's choice.

Free registration for the Quicken Loans Hole-In-One Sweepstakes begins today. To enter, golf fans simply need to visit PGATOUR.com/QuickenLoans. Each person can enter the contest once, but can also boost their chance of winning by referring friends and family members. All qualified sweepstakes entrants are eligible to win the $1 million grand prize.

"All eyes will be on the 10^th hole of Congressional as the world's top golfers tee off for the chance to make one lucky American a millionaire," said Jay Farner, Quicken Loans President and Chief Marketing Officer. "First impressions are important, and I can't think of a better way to celebrate our first year as sponsor of the Quicken Loans National than to create even more excitement for an already world-class tournament."

Following the Quicken Loans National, the company will continue the excitement of its hole-in-one promotion by awarding a year's worth of mortgage payments to a randomly selected entrant for each ace made during official PGA TOUR events in the 2014 calendar year. Throughout the sweepstakes, and regardless of how many hole-in-ones are made, Quicken Loans will also randomly select a total of 60 entrants to receive a monthly mortgage payment on their home.

"We're certainly hoping someone is able to win the incredible $1 million prize at our tournament in June. But, even if that doesn't happen, it's still an amazing opportunity to win a year's worth of mortgage payments for the remaining TOUR events," said Farner. "Plus, by selecting monthly mortgage winners, we are guaranteeing no matter how many aces we see roll into the cup this year, 60 people will still be in the money."

A field of 120 PGA TOUR professionals will spend four days using every ounce of skill to master Congressional's 10^th hole, a par-3 favorite stretching at 190 yards over water. Corey Pavin knocked in a hole-in-one on the 10^th hole during tournament play at the 2008 National, and many professionals have come extremely close since.

To be eligible for the Quicken Loans Hole-In-One Sweepstakes, entrants must be 18 years of age and a U.S. citizen.

About Quicken Loans

Detroit-based Quicken Loans Inc. is the nation's second largest retail home mortgage lender. The company closed a record $80 billion of volume across all 50 states in 2013. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked highest in customer satisfaction among all home mortgage lenders in the United States by J.D. Power for the past four consecutive years: 2013, 2012, 2011 and 2010.

Quicken Loans was named among the top-30 companies on FORTUNE magazine's annual "100 Best Companies to Work For" list for the last 11 consecutive years, ranking #5 in 2014. It ranked in the top-15 of Computerworld magazine's "100 Best Places to Work in Technology" for the past nine years, ranking #1 in 2013. The company moved its headquarters to downtown Detroit in 2010, and now more than 8,500 of its 10,000-plus team members work in the city's urban core. For more information about Quicken Loans, please visit QuickenLoans.com, on Twitter at @QLnews, and on Facebook at Facebook.com/QuickenLoans.

SOURCE Quicken Loans