Quicken Loans to Hire 1,400 in Detroit

Online-only mortgage lender Quicken Loans said it has openings for 1,400 positions, primarily in its downtown Detroit office, including 300 technology jobs.

National Mortgage News confirmed local press reports that in addition to the 300 technology openings, Quicken Loans is hiring mortgage underwriters and processors, as well marketing, human resources, accounting and finance employees. But the 1,400 positions also includes 600 summer internships.

According to the Quarterly Data Report, an NMN affiliate, Quicken Loans funded nearly $11 billion in 4Q11, up 14% from the lender's 4Q10 volume. The Web-based originator consistently leads the nation in online-originated mortgages.

In 3Q11, Quicken ranked 8^th among all residential lenders reporting their volumes to QDR/MortgageStats.com, with $8.4 billion in originations.

In October, Mortgage Technology magazine awarded Quicken Loans the inaugural “Online Originator” Mortgage Technology Award and the lender was also a finalist for MT's “Harnessing Mobile” award.

In November, Quicken Loans was recognized for receiving the highest customer satisfaction score in the J.D. Power and Associates 2011 Primary Mortgage Origination Satisfaction Study.