Quicken Loans Says 'Thanks a Million' and Pays Off Client's Mortgage during a Cleveland Cavaliers Basketball Game

CLEVELAND, Feb. 5, 2011 /PRNewswire/ -- Quicken Loans Inc., the nation's largest online lender and a top-five retail mortgage lender, paid off a client's mortgage today as part of its "Thanks a Million" contest.  Daniel Carbo of Colchester, Connecticut, received the great news during a center court presentation at this evening's Cleveland Cavaliers basketball game at Quicken Loans Arena.  Two other contenders for the grand prize, Ryan and Tonya Rasnake from Cedar Bluff, Virginia, and Richard and Valerie Purvis from East Haven, Connecticut, each received $5,000 as runners-up in the sweepstakes at tonight's game.

(Photo:  http://photos.prnewswire.com/prnh/20110205/DE43171 )

Quicken Loans' "Thanks a Million" online promotion commemorated the closing of the company's one millionth mortgage in late 2010.  Every client who closed a mortgage between August 2 and December 31, 2010 was automatically entered into a drawing to pay off one client's loan, 'up to $250,000. For clients not considering a home purchase or refinance, the company also conducted an online game at its website, www.quickenloans.com, giving visitors the opportunity to win one of several thousand prizes, ranging from credit monitoring services from Quizzle.com, life-size wall graphics from Fathead, home alarm systems from Protect America and gift cards from popular retailers.

"The Thanks a Million promotion allowed Quicken Loans the opportunity to reinforce our appreciation for our clients making the choice to finance their home with us -- more than one million times over the past 25 years," said Quicken Loans CEO Bill Emerson, who was on hand to present Carbo and the other finalists with their prizes.  "We're thrilled to make a difference in Daniel Carbo's life.  Our goal is to positively impact the life of each and every one of our clients."  

As part of the sweepstakes, the three finalists, along with their families and guests, were provided an all-expense paid trip to Cleveland, Ohio.  The finalists were treated to dinner at Quicken Loans Arena, tickets to the Rock and Roll Hall of Fame in Cleveland, and enjoyed a meet and greet with the Cavaliers players prior to the game. 

"Quicken Loans is amazing, I can't believe this is happening -- it is truly life changing for our family," said Daniel Carbo, winner of the "Thanks a Million" contest.  "Thank you Quicken Loans."

About Quicken Loans Inc:

Quicken Loans Inc. is the nation's largest online retail mortgage lender and among the five largest overall retail home lenders in the United States. The company closed a record $29 billion in retail home loan volume across all 50 states in 2010, and recently closed its 1 millionth loan. Quicken Loans employs approximately 3,700 team members and generates loan production from five web centers located in Michigan, Ohio and Arizona. The company also operates a centralized loan processing facility in Michigan as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates for 2010. "QuickenLoans.com" has been named "Best of the Web" by Forbes and Money magazines. The company also has been named to FORTUNE magazine's list of the country's "100 Best Companies To Work For" eight consecutive years, ranking as high as #2, and named in the top-15 of Computerworld magazine's "100 Best Places to Work In Technology" for six years in a row. Quicken Loans ranked #1 in the Detroit Free Press' 'Top Workplaces of 2010' List. The company recently moved its headquarters and 1,700 of its 3,700 full-time team members to downtown Detroit. For more information about Quicken Loans, please visit www.quickenloans.com.

About Rock Holdings Inc:

Rock Holdings Inc. is the parent company for several financial services related businesses and employs over 4,000 team members. These client-focused and technologically-driven companies include Quicken Loans, the nation's largest online home lender and One Reverse Mortgage unit, the fastest growing reverse mortgage lender in America; Title Source, a nationwide leader of title insurance and settlement services; Quicken Loans Mortgage Services (QLMS), a mortgage origination platform servicing community banks and credit unions across the country; In-House Realty, the preferred real estate partner of Quicken Loans that matches clients with trusted real estate agents in all 50 states; and, Quizzle.com, the online innovator and website where consumers manage their home, money and credit. Rock Holdings, Inc. also recently moved its headquarters to downtown Detroit.

About Quizzle LLC:

Quizzle.com is a free personal finance tool that helps consumers better manage their home, money and credit. Located in Detroit, it began as a project inside of Quicken Loans and spun off into its own company in September 2009. At Quizzle, consumers can access helpful tools and information for free, including a credit report and score, home value estimate and neighborhood reports, home loan recommendations and a personal budget planner. In addition, Quizzle provides services to help consumers improve, manage and protect their finances, including a Credit Personal Trainer, credit monitoring, identity theft protection and a debt payoff plan. At Quizzle, consumers learn how the different areas of their finances affect one another and get tips and tools to help them make smart decisions. Quizzle ranked #1 in the Detroit Free Press' 'Top Workplaces of 2010' List. For more information, visit www.quizzle.com.

About Fathead LLC:

Fathead LLC is the leading brand in sports and entertainment graphic products. Fathead products give fans the opportunity to bring their favorite passion or inspiration to life. Fathead products include Fathead Customs, Fathead Tradeables, Fathead Skins, and Fathead's flagship "Real Big:" the officially licensed life-size, hi-def wall graphics of professional athletes, animated heroes, entertainment characters, team helmets and logos. Fathead maintains license agreements with leading consumer brands across many industries and professional sports leagues. For more information, visit www.fathead.com.

About Protect America:

Protect America, founded in 1992, is one of the fastest growing alarm companies in the nation.  Headquartered near Austin, Texas, Protect America provides affordable residential security to homeowners in the U.S.  In annual surveys conducted by SDM Magazine, the leading security industry trade publication, Protect America is consistently ranked among the top-10 companies in residential system installation volume, from among 15,000 alarm companies nationwide.  For more information, visit www.ProtectAmerica.com.

SOURCE Quicken Loans Inc.