The Culture At Quicken Loans

Information provided by the company
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We're united by our culture - a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job - it's about having the opportunity to become the best version of yourself.
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Quicken Loans Overview

We know how important it is for you to know we're a stable, reliable company - especially in today's markets. According to National Mortgage News, we're America's largest online lender. We've helped over 2 million American families finance their homes - and we can help you. We've got over 29 years under our belt providing world-class client service as a direct lender. We make it happen - we closed more than $80 billion in loans in 2013! Want to get great tips and learn more about your finances, your home, and get to know some of the great folks at Quicken Loans? Read our blog - Zing!
The staff at Quicken Loans come from unusually diverse demographic backgrounds. The company is 46.3% female and 32.7% ethnic minorities. Even though it has great demographic diversity, Quicken Loans notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 67.0%. Despite having coworkers who agree with each other about politics, employees at Quicken Loans tend to have relatively short tenures. Staff members usually stay with the company for 2.6 years. The average employee at Quicken Loans makes $52,382 per year. Pay at Quicken Loans is significantly lower than some of its highest paying competitors, like Hartford Investment Management Company, American Home Mortgage, and Virginia Housing Development Authority, which pay $98,875, $78,605, and $65,967, respectively.
Quicken Loans is an industry leader with 17,000 employees and an annual revenue of $3.6B that is headquartered in Michigan.

Industry

Financial Services

Revenue

$3.6B

Employees

17,000

Founded in

1985

Headquarters

Detroit, MI

Website

www.quickenloans.com

Organization Type

Public

Is This Your Company?

Quicken Loans Employee Reviews

Zippia Official Logo

2.0

Zippia UserJune 2021

2.0

Zippia Official LogoZippia UserJune 2021

What Do You Like About Working There?

Great jobs for others, but not for me. Fantastic team

What DON'T You Like About Working There?

The overtime was not meant for me. Had to work fourteen 10 hour days in a row before getting a 2 day weekend.

What Are Your Favorite Benefits/Perks?

Great leaders, amazing coffee
Zippia Official Logo

4.0

Zippia UserJune 2021

4.0

Zippia Official LogoZippia UserJune 2021

What Do You Like About Working There?

Work life balance

What DON'T You Like About Working There?

Nothing bad to say

What Are Your Favorite Benefits/Perks?

Working from home, great retirement plan and vacation time
Zippia Official Logo

4.0

Zippia UserJune 2021

4.0

Zippia Official LogoZippia UserJune 2021

What Do You Like About Working There?

Culture is great most of the people are awesome you can earn money by working harder

What DON'T You Like About Working There?

No work life balance. Provide vacation time but is hard to actually get them to let you use it
Zippia Official Logo

4.0

Zippia UserMay 2021

4.0

Zippia Official LogoZippia UserMay 2021

What Do You Like About Working There?

Flexibility, support from leadership, the people

What DON'T You Like About Working There?

Long hours

What Are Your Favorite Benefits/Perks?

Working from home
Zippia Official Logo

4.0

Zippia UserFebruary 2021

4.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

culture, innovative, exciting

What DON'T You Like About Working There?

pace, profit driven, more on performance and less on connection

What Are Your Favorite Benefits/Perks?

opportunity and movement
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The Team At Quicken Loans

  • Jay Farner (CEO)
  • Dan Gilbert (Founder)

Quicken Loans Company Rankings

Quicken Loans is ranked #61 on the Best Companies to Work For in Michigan list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Quicken Loans Salaries

How much does Quicken Loans pay?
The national average salary for a Quicken Loans employee in the United States is $52,382 per year. Employees in the top 10 percent can make over $94,000 per year, while employees at the bottom 10 percent earn less than $29,000 per year.
9.0
Salary Score
Want to know more?
Average Employee Earnings

Quicken Loans Salaries By Job Title

The average employee at Quicken Loans earns a yearly salary of $52,382 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at Quicken Loans include Software Architect, Team Leader, Data Engineer, and Interactive Developer. A typical Software Architect salary at Quicken Loans is $107,078 per year. Some of the other roles at Quicken Loans are Guest Service Representative and Housekeeper. A worker with the title Guest Service Representative at Quicken Loans earns an average salary of $30,871 per year.
Title
ascdesc
Average Salarydesc
Software Architect
Salary Range97k - 117k$107k$107,078
Team Leader
Salary Range92k - 119k$105k$104,764
Data Engineer
Salary Range88k - 106k$97k$97,401
Interactive Developer
Salary Range85k - 110k$97k$97,188
Database Administrator
Salary Range85k - 108k$96k$96,114
Modeler
Salary Range85k - 100k$93k$92,996
Senior Analyst
Salary Range83k - 100k$91k$91,255
Business Analyst
Salary Range77k - 107k$91k$91,119
Data Scientist
Salary Range82k - 98k$91k$90,503
Senior Banker
Salary Range69k - 111k$88k$87,988
$36k
$119k

Jobs from similar companies

Quicken Loans Careers

On average, employees at Quicken Loans stay with the company for 2.6 years. Employees most commonly join Quicken Loans after leaving Bank of America. When they leave Quicken Loans, they most frequently get their next job at JPMorgan Chase & Co..

Jobs from similar companies

Quicken Loans Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Genders

Male

53.7 %

Female

46.3 %

Ethnicity

White

67.3 %

Black or African American

10.0 %

Hispanic or Latino

9.8 %

Foreign Languages Spoken

Spanish

47.6 %

Arabic

11.3 %

French

8.9 %
See More About Quicken Loans Demographics

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Quicken Loans Employees Education

Of the 17,000 employees at Quicken Loans, 14.0% attended Wayne State University. Employees at Quicken Loans most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

Schools

Wayne State University

14.0 %

Michigan State University

13.3 %

Eastern Michigan University

10.6 %

Majors

Business

28.9 %

Marketing

7.4 %

Finance

7.3 %

Degrees

Bachelors

66.6 %

Associate

11.7 %

High School Diploma

10.6 %

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Quicken Loans Employee Political Affiliation

Quicken Loans employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Quicken Loans employee was by Shawn Krause. Shawn Krause donated $403,705 to the Republican Party.

Parties

Democratic Party

67.5 %
-

Republican Party

32.5 %
-

Employee Political Donations

NameJob TitlePartyDonation
Shawn KrauseBankingRepublican Party$403,705
Daniel GilbertChairpersonRepublican Party$334,600
Jay FarnerPresidentRepublican Party$287,750
William EmersonBankingRepublican Party$240,500
Richard ChyetteAttorneyRepublican Party$130,500
Robert WaltersExecutive Vice PresidentRepublican Party$89,000
Robert Walters JrExecutive Vice PresidentRepublican Party$83,300
DAN GilbertChairpersonDemocratic Party$78,150
David CarrollVice PresidentRepublican Party$70,750
Lindsay GrossMortgage BankerRepublican Party$67,700
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Quicken Loans Employment Videos

Quicken Loans Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1985

Organization type

Public

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Quicken Loans Subsidiaries

Subsidiaries to Quicken Loans include Fathead. Employees at the parent company, Quicken Loans, earn $52,382 whereas employees at Fathead earn $43,567, on average.
Company
ascdesc
Average Salarydesc

Fathead

Salary Range30k - 61k$44k$43,567
$30k
$61k

Quicken Loans Competitors

Some of the competitors of Quicken Loans are Hartford Investment Management Company, American Home Mortgage, and Virginia Housing Development Authority. Employees at Hartford Investment Management Company earn more than most of the competition, with an average yearly salary of $98,875. The salaries at American Home Mortgage average $78,605 per year, and the salaries at Virginia Housing Development Authority come in at $65,967 per year.
Companydesc
Average Salarydesc

Hartford Investment Management Company

Salary Range76k - 128k$99k$98,875
American Home Mortgage
Salary Range58k - 104k$79k$78,605
Virginia Housing Development Authority
Salary Range46k - 93k$66k$65,967

First Mortgage

Salary Range45k - 92k$65k$65,158

American Mortgage

Salary Range45k - 92k$65k$65,133
Ally Financial
Salary Range46k - 87k$64k$63,729

American Equity Mortgage

Salary Range42k - 91k$63k$62,605

Total Mortgage Services

Salary Range39k - 90k$60k$59,859
loanDepot
Salary Range38k - 81k$56k$56,209
Wintrust Financial
Salary Range37k - 83k$56k$56,139
$28k
$128k

Frequently Asked Questions about Quicken Loans

When was Quicken Loans founded?

Quicken Loans was founded in 1985.

How many Employees does Quicken Loans have?

Quicken Loans has 17,000 employees.

How much money does Quicken Loans make?

Quicken Loans generates $3.6B in revenue.

What industry is Quicken Loans in?

Quicken Loans is in the financial services industry.

What type of company is Quicken Loans?

Quicken Loans is a public company.

Who are Quicken Loans's competitors?

Quicken Loans competitors include Wintrust Financial, M&T Bank, Huntington Bancshares, Ally Financial, Forest City Realty Trust, Hartford Investment Management Company, Fifth Third Bank, Northwestern Mutual, Total Mortgage Services, Network Funding, loanDepot, First Residential Mortgage Network, Residential Finance, Nations Lending, Virginia Housing Development Authority, Wyndham Capital Mortgage, American Equity Mortgage, American Mortgage, First Mortgage, American Home Mortgage.

Who works at Quicken Loans?

Jay Farner (CEO)

Dan Gilbert (Founder)

Where is Quicken Loans's headquarters?

Quicken Loans's headquarters is in Detroit, MI.

Are You An Executive, HR Leader, Or Brand Manager At Quicken Loans?

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Zippia gives an in-depth look into the details of Quicken Loans, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Quicken Loans. The employee data is based on information from people who have self-reported their past or current employments at Quicken Loans. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Quicken Loans. The data presented on this page does not represent the view of Quicken Loans and its employees or that of Zippia.

Quicken Loans may also be known as or be related to Quicken Loans, Quicken Loans Inc, Quicken Loans Inc., Quicken Loans LLC and Quicken Loans, Inc.