Mint and Rocket Mortgage Introduce Fully Digital Mortgage Solution to Empower Home Buyers
March 23 2021 - 9:00AM
Business Wire
The end-to-end digital mortgage experience
helps home buyers get approved with certainty in as few as 8
minutes
Today, Intuit’s (Nasdaq: INTU) personal finance app Mint, and
Rocket Mortgage - part of Rocket Companies (NYSE: RKT), announced
an extension of their partnership where Mint users can get approved
to purchase a home entirely digitally, within the Mint app -
powered by Rocket Mortgage’s API.
This new solution gives homebuyers the ability to go from
application to an accurate rate confirmation and an approval in as
few as eight minutes, instead of days. Users can complete the
entire process in the Mint app and they can easily import
information they have already added to their Mint account. This new
mortgage experience simplifies the previously time-consuming and
confusing mortgage process and gives homebuyers an advantage in the
increasingly competitive housing market.
“This continuation of Mint’s partnership with Rocket Mortgage
builds on our efforts to break down barriers and give buyers an
advantage in the competitive market,” said Varun Krishna, SVP and
head of Mint for Intuit Consumer Group. “The first-of-its-kind
simplified digital mortgage experience inside the Mint app is a
game changer for homebuyers. Mint users can now lock-in the best
rate and capitalize on opportunities more quickly. Our hope is it
empowers more people to enter the market with certainty and
purchase the home of their dreams.”
“Our mission is to make the mortgage process as simple as
possible. We do that with the fully digital Rocket Mortgage process
we created more than five years ago, and with help from partners
like Mint who make our technology even more accessible for
homebuyers,” said Tim Birkmeier, Chief Revenue Officer of Rocket
Mortgage. “The Mint integration is the first place to host the
Rocket Mortgage experience outside of our website and app. With the
massive response we have had from our refinance experience in Mint,
we know the new experience for home purchases will help many buyers
navigate the competitive spring buying season and for years to
come.”
This experience builds on Mint and Rocket Mortgage’s vision to
empower Americans to make important financial decisions, in less
time, with certainty. In October, the two companies introduced a
digital refinance experience within the Mint app. Tens of thousands
of homeowners have used the tool to find a lower rate or access
their home’s equity.
To learn more or get started with a home purchase or refinance,
please visit www.mint.intuit.com.
About Intuit
Intuit is a global technology platform that helps our customers
and communities overcome their most important financial challenges.
Serving millions of customers worldwide with TurboTax, QuickBooks,
Credit Karma and Mint, we believe that everyone should have the
opportunity to prosper and we work tirelessly to find new,
innovative ways to deliver on this belief. Please visit us for the
latest news and information about Intuit and its brands and find us
on social.
About Quicken Loans / Rocket Mortgage
Detroit-based Quicken Loans, the nation’s largest home mortgage
lender, enables the American Dream of homeownership and financial
freedom through its obsession with an industry-leading,
digital-driven client experience. The company closed $145 billion
dollars of mortgage volume across all 50 states in 2019. In late
2015, Quicken Loans introduced Rocket Mortgage, the first fully
digital mortgage experience. Currently, 98% of all home loans
originated by Quicken Loans utilize Rocket Mortgage Technology.
Quicken Loans moved its headquarters to downtown Detroit in
2010. Today, Quicken Loans and the Rock Family of Companies employs
more than 19,000 full-time team members in Detroit’s urban core.
The company generates loan production from web centers located in
Detroit, Cleveland and Phoenix and operates a centralized loan
processing facility in Detroit. Quicken Loans ranked highest in the
country for customer satisfaction for primary mortgage origination
by J.D. Power for the past 10 consecutive years, 2010 – 2019, and
also ranked highest in the country for customer satisfaction among
all mortgage servicers the past seven consecutive years, 2014 –
2020.
Quicken Loans was once again named to FORTUNE magazine’s “100
Best Companies to Work For” list in 2020 and has been included in
the magazine’s top 1/3rd of companies named to the list for the
past 18 consecutive years. In addition, Essence Magazine named
Quicken Loans “#1 Place to Work in the Country for African
Americans.”
For more information and company news visit
QuickenLoans.com/press-room.
About Rocket Companies
Rocket Companies (NYSE: RKT) is a Detroit-based holding company
consisting of personal finance and consumer service brands
including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto,
Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk
and Edison Financial. Since 1985, Rocket Companies has been
obsessed with helping its clients achieve the American dream of
home ownership and financial freedom. Rocket Companies offers an
industry-leading client experience powered by our simple, fast, and
trusted digital solutions. Rocket Companies has 20,000 team members
across the United States. Its flagship company, Rocket Mortgage,
has been named to Fortune magazine’s list of “100 Best Companies to
Work For” for 17 consecutive years.
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Keri Danielski, keri_danielski@intuit.com
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