– Quicken Loans, the nation’s largest VA lender, celebrates 2 million closed loans by providing more than 400 round-trip plane tickets, totaling at least 2 million miles of domestic or international travel to active-duty service members or their families –
DETROIT – September 23, 2014 – Quicken Loans, the nation’s largest Veterans Affairs (VA) mortgage lender and the country’s second largest retail mortgage lender, is helping bring our nation’s heroes home by teaming up with the military nonprofit Operation Homefront to provide round-trip airfare to more than 400 active-duty service members or their families, totaling at least 2 million miles traveled.
Operation Homefront will immediately begin accepting applications for travel at www.quickenloans.com/homefront. Travel is open to low- and mid-rank enlisted active-duty members, as well as wounded warriors. “Miles for Military” is looking to help service members in need make a special trip home to spend time with their loved ones – to witness the birth of a child, the marriage of a family member or other memorable events.
The company will provide a minimum of 400 trips and travel totaling at least 2 million miles, with a portion of travel being specifically made available for service members to return home during the December holiday season.
“There’s nothing more important than the time at home with those you love, and this cannot be overstated for our heroes who travel the world over defending our freedom,” said Bill Emerson, CEO of Quicken Loans. “We are thankful that 2 million families have trusted us with their home financing, and we are proud of our role as the nation’s largest VA lender. As part of our commitment to these heroes, we are excited about helping ease the financial burden of getting them home to their loved ones.”
“Working with military families on a daily basis, we understand the unique demands and sacrifices that go hand-in-hand with military service. It’s great to have a donor like Quicken Loans who recognizes the sacrifices military families make for all of us and to help us ease some of their burden,” said Jim Knotts, President and CEO, Operation Homefront.
Quicken Loans is the nation’s largest provider of the VA home loan, which allows veterans, surviving spouses and active members of the military to refinance up to 100 percent of their home’s value or purchase a home with no down payment or mortgage insurance payments.
The company is also committed to creating career opportunities for veterans, reservists, and their families through the Quicken Loans Veteran Hiring Program. Quicken Loans has a dedicated military recruiting team and a military apprenticeship program, Tour of Duty, which provides career opportunities to veterans transitioning from active-duty service to civilian life. The company will also sponsor the Veteran’s Day weekend NASCAR Sprint Cup race in Phoenix, Arizona, which will carry the title of the Quicken Loans Race for Heroes 500.
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About Quicken Loans
Detroit-based Quicken Loans Inc. is the nation’s largest Veteran Affairs (VA) mortgage lender and the country’s second largest retail mortgage provider. 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 and servicing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked “Highest in Customer Satisfaction among with Primary Mortgage Origination” in the United States by J.D. Power for the past four consecutive years (2013, 2012, 2011 and 2010), and also ranked highest in customer satisfaction among all mortgage servicers in 2014.
Quicken Loans was ranked 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. The company has been recognized as one of Computerworld magazine’s ’100 Best Places to Work in IT’ the past ten years, ranking No. 1 in 2014, 2013, 2007, 2006 and 2005. The company moved its headquarters to downtown Detroit in 2010, and now more than 8,500 of its 10,000-plus full-time 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.
About Operation Homefront
A national nonprofit, Operation Homefront leads more than 2,500 volunteers with nationwide presence who provide emergency and other financial assistance to the families of service members and wounded warriors. Operation Homefront has provided assistance to thousands of military families since its inception in 2002. Recognized for superior performance by leading independent charity watchdog groups, nationally, 93 percent of total donations to Operation Homefront go directly to programs that provide support to our military families. For more information, go to www.OperationHomefront.net.