Dan Gilbert Founder of Quicken Loans

Biography of Dan Gilbert

Early Life

Dan Gilbert founder of Quicken Loans was born on 17^th January 1962 in Detroit, Michigan. He belonged to a family of Jews. He migrated to Southfield, Michigan and grew up there. He got his early education from there and after that he pursued a bachelor’s degree from a university named Michigan State University. After completing his bachelors, he got a doctorate degree in law from the Wayne State University Law School. He also joined the State Bar of Michigan as a member.

He got a license of a real estate agent when he was in his college life. When he was studying in the law school, at that time he also worked for a real estate company named Century 21 Real Estate agency. His that job was a part time job.

Founder of Quicken Loans Incorporation

As he was related with the field of real estate, he came to understand the importance of mortgages. He came up with a conclusion that creating mortgages are more profit originating then to selling homes at once. For generating greater profits he founded a mortgage company in 1985 with the name of Rock Financial. In its formation he was the mastermind but in financial support he was not the only one but there were some others who were also the part of its formation. Those other persons involved his younger brother Gary Gilbert, Ron Berman and Lindsay Gross.

His that financial company grew very fast providing mortgages very easily to the clients. Within short span of time in the early 1990s he introduced Internet facilities to its users. He positioned his mortgage company in financial market as the fastest growing online direct mortgage providing company of the world.

After its successful opening and operations for several years that company was purchased by a software making company Intuit Inc. After that company acquired that was renamed to Quicken Loans. But there was no effect on the progress and operations of the company at all; company progressed as it was progressing before acquisition. This company expanded a lot in that era and spread its mortgage offerings in all fifty states of the United States. He didn’t left the company but continued to work at Quicken Loans as its CEO (Chief Executive Officer). In 2002 he was able to purchase back that company from that software company with a group of investors backing him. This time he not only purchased Quicken Loans but he also purchased its affiliated company named Title Source Inc. At present time he is working as the Chairman of Quicken Loans.

Quicken Loans Incorporation

Quicken Loans Incorporation is a company of the United States in the field of financial sector. It’s headquarter is based in Detroit, Michigan. This company works as a mortgage loan provider for its clients and users. In 2012, it was named as the largest retail mortgage lender company in terms of online service providers. In terms of physical offices and service provider it is on the second number overall in the United States.

Today this company has employed more than ten thousand people from all over the United States. From these 10,000 persons more than 8,000 are the employees at the city of Detroit. This company is included in the list of “100 Best Companies to Work For” published by Fortune magazine. In that list it is in the top 30 companies.

Private Life

In his personal life, he is married to Jennifer Gilbert. This couple has five children. His wife works for the Gilbert Family Neurofibromatosis Institute at Children’s National Medical Center, located in Washington D. C. and also for an Israeli Jews Federation.

Apart from the investment in the business world he has also given so much money for the works of charity. His charitable works include two hospitals also. From these two one is that in which his wife is working.