Quicken Loans Unveils Free Mortgage Calculator App

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- Nation’s largest online lender launches mobile mortgage calculator to Android, Apple iPhone, iPod touch, and iPad platforms -

“Our state-of-the-art loan platform, industry-leading online tools, and dedication to finding a better way, ensure there’s no better place to get an amazing mortgage experience,” said Bill Emerson, CEO of Quicken Loans.

Quicken Loans Inc., a 50-state lender of refinance and purchase mortgages, has unveiled the Quicken Loans Mortgage Calculator App to help consumers determine their best home loan options from the palm of their hand.

Whether a current homeowner is interested in refinancing or a potential homebuyer is searching for the ideal house to call their own, the Quicken Loans Mortgage Calculator App provides insight into loan programs, mortgage rates, monthly payment comparisons and more – anytime, anywhere.

The Quicken Loans Mortgage Calculator App features:

  •     Four calculators - monthly payment, loan amount, interest rate, and loan term
  •     The ability to compare loan calculations to determine the best home loan option
  •     A “contact lender” button for speedy access to one of the company’s home loan experts

“Technology is a key driver of our business,” said Bill Emerson, CEO of Quicken Loans. “Our state-of-the-art loan platform, industry-leading online tools, and dedication to finding a better way, ensure there’s no better place to get an amazing mortgage experience.”

The Quicken Loans Mortgage Calculator follows the release of MyQL Mobile, a first-of-its kind mobile app that guides mortgage clients from their initial application to the closing table.

The Quicken Loans Mortgage Calculator can be downloaded from the App Store or Android Market. Please visit YouTube for more information.

About Quicken Loans Inc:

Quicken Loans Inc. is the nation’s largest online retail mortgage lender and among the five largest overall retail home lenders in the United States. The company closed a record $30 billion in retail home loan volume across all 50 states in 2011. Quicken Loans generates loan production from five web centers located in Detroit, Ohio and Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates in 2010 and 2011. “QuickenLoans.com” has been named “Best of the Web” by Forbes and Money magazines. The company also has been named to FORTUNE magazine’s list of the country’s “100 Best Companies To Work For” eight consecutive years, ranking as high as #2, and named in the Top-15 of Computerworld magazine’s “100 Best Places to Work In Technology” for seven years in a row. Quicken Loans ranked #1 in the Detroit Free Press’ ‘Best Places to Work in Michigan’ List in 2010 and 2011. The company has moved its headquarters and 3,700 team members to downtown Detroit. For more information about Quicken Loans, please visit us on the web at http://www.quickenloans.com, on Twitter at @QLnews, and on Facebook at http://www.facebook.com/QuickenLoans.

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Victoria Araj
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