DETROIT, Sept.22, 2020 / PRNewswire / – Quicken Loans Mortgage Services (QLMS), the fastest growing mortgage lender serving brokers, community banks and credit unions, today announced a rebranding to come, and with it a big step forward in the technologies and services it offers to its partners.
QLMS will become Rocket Pro TPO (TPO representing “third party origination”) over the next 60 days, to align more closely with Rocket Mortgage – the brand that has become ubiquitous in the mortgage space. The move gives its partners the opportunity to leverage equity from the biggest name in personal finance, while gaining access to a whole new suite of breakthrough technologies for the industry.
“From the thousands of conversations we’ve had with our partners, we know brokers want cutting-edge technology, marketing support and more referrals. QLMS now aligns with the Rocket brand – the most recognizable mortgage brand in the world. countries – and gives partners the opportunity to use it in their marketing to help more Americans, ”said Austin niemiec, executive vice president of the future Rocket Pro TPO. “We have spent billions of dollars developing and marketing the Rocket platform which we now deliver directly to brokers to leverage and grow their businesses.”
Partners will have access to Rocket’s exclusive and powerful technology. The lender is building a brand new white-label and broker-branded origination hub that will provide seamless electronic signature technology, unparalleled visibility into loan status, and the ability for applicants to directly upload documents. loan documents.
Additionally, partners will have the opportunity to leverage Rocket Mortgage’s widely known name through co-branding, as well as connect with leads generated through its national and local advertising. Building on this, brokers can capitalize on the $ 5 billion Rocket Mortgage has been dedicated to marketing since its inception – making it clear to its clients that they have the power of Rocket with the expertise and local knowledge of a broker. These services will be available free of charge to all authorized partners.
Rocket Pro TPO has also partnered with Google to create and unveil PathFinder, which is the integration and reimagining of several of its most popular tools in one centralized location. It combines popular resources such as Guru, a mortgage origination search engine; and The Answer, an award-winning technology tool powered by Google search that provides solutions to all mortgage directive questions, in an all-new technology to put the power of thousands of underwriters into every broker’s desk.
Since every second counts for the broker community, Rocket Pro TPO has added additional features to PathFinder that are only intended to reduce the time partners spend looking for answers to various complexities throughout the mortgage process. This includes a BPMI calculator, Title Gadget – to help partners find all of their title needs in seconds – and more.
“Rocket Mortgage really stood out from the rest of the industry because we took an incredibly difficult, labor-intensive process and distilled it into a simple technology platform that allows customers – and now to our partners – to have unparalleled visibility and communication, “mentioned Bob walters, President and Chief Operating Officer of Rocket Mortgage. “As we continued to grow and evolve our business, we always looked forward to the day when we could expand its reach to our broker partners, who play such an important role in helping clients achieve the American dream of home ownership. . “
Rocket Pro TPO celebrates this new chapter by doubling its commitment to its partners. For starters, the company will share an unprecedented 10,000 leads to purchases with its network. This serves as an introduction to the value that Rocket Pro TPO brings to the broker community, as well as the new lead sharing ecosystem that will continue to grow over time.
In addition to increased access to marketing materials, a co-branded experience for borrowers and new technologies, the lender has also created its exclusive Rocket Pro Referral network. This platform connects partners to a whole new network where they can build relationships, seek opportunities and get leads. This encourages influencers in contact with consumers to submit a client’s information and send it to their preferred loan issuer to complete the mortgage process. With Rocket Pro Referral, realtors will be able to maintain visibility into their clients’ loans, and mortgage brokers will receive more ready-to-negotiate borrowers referred to them on a platform that streamlines the origination process.
“Technology is changing, and so is the way consumers buy homes and get their financing. QLMS has a rich history of always breaking new ground. Moving forward as a Rocket Pro TPO, we are excited to share our brand and cutting edge technology with our partners No other lender can deliver this level of investment in innovation that continues to revolutionize real estate finance. “Niemiec added.
Launched in 2010, QLMS has become a force in the brokerage community, adding new partners at an unprecedented rate with a streamlined onboarding process that allows loan officers to start taking out mortgages with them in as little as 24 hours. hours after request.
Today, Rocket Pro TPO’s growing network of over 40,000 loan officers is generating record builds and revenues. In the second quarter of 2020, Rocket Mortgage’s partner channel, which includes Rocket Pro TPO, increased its annual revenue by more than 500%. In response to this record demand, the lender currently has 1,100 positions open for national account managers, underwriters and more. To apply, visit www.myrocketcareer.com.
About Quicken Loans Mortgage Services
Quicken Loans Mortgage Services, soon to be named Rocket Pro TPO, is a division of Rocket Mortgage and part of Rocket Companies, Inc. (NYSE: RKT). She works exclusively with mortgage brokers, community banks and credit unions. Rocket Pro TPO partners provide the face-to-face service their customers want, while leveraging Rocket Mortgage’s expertise, technology and award-winning process. The partner loan officer creates and maintains the relationship with the client. Rocket Mortgage approves, underwrites, processes and closes the loan on its behalf.
SOURCE Quicken Loans Mortgage Services