Rocket Mortgage Expands in Ohio, Creates 630 New Jobs

America’s largest mortgage lender will grow in the state
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Company Name: Rocket Mortgage
Location: Cleveland
Industry Sector: Financial Services
Company Profile: Detroit-based Quicken Loans, the nation’s largest home mortgage lender and a part of Rocket Companies (NYSE: RKT), enables the American Dream of homeownership and financial freedom through its obsession with an industry-leading, digital-driven client experience.
Company Website: www.rocketmortgage.com

Project Summary:

  • Type of Project: Expansion
  • Jobs:
    • Jobs committed: 630
    • Jobs retained: 721
  • Capital Investment: $500,000

Company Need:
Rocket Mortgage has an ongoing commitment to urban revitalization and creating high-paying jobs. As a result, the company seeks to create and fill a significant number of roles.

Testimonial:

“Through this partnership, we are reinforcing our commitment to the state and to offering good-paying jobs to Clevelanders. In response to the pandemic, we have seen first-hand that our team members can successfully work from anywhere. That fact makes this partnership even more significant. As we continue to grow our workforce, we look forward to adding to the more than 700 team members who already call this state home.”
– Mike Malloy, chief amazement officer, Rocket Mortgage

 

Why Ohio?
Rocket Mortgage chose Cleveland to fulfill its needs for a talented workforce and business-friendly environment.

Ohio has over 245,000 professionals in its financial services workforce, with over 44,000 graduates each year qualified to work in the financial services industry. For digitally-driven companies like Rocket Mortgage, this talent pool exists throughout Ohio markets, which have been recognized among the best markets for tech talent.

The expansion will offer well-paying jobs – primarily for mortgage bankers – representing tens of millions of dollars in payroll. Rocket Mortgage is also dedicated to providing training and upskilling for employees looking to further their careers.

CLICK HERE to read the full press release.

Collaborators:
JobsOhio, Team NEO, the Greater Cleveland Partnership, city of Cleveland, Team NEO, and the Ohio Development Services Agency