Mortgage Daily

Published On: June 28, 2012

Quicken Loans Inc. is on its way to employing 6,000 people thanks to demand for its origination services. The latest round of recruiting is taking place at an online center in the Grand Canyon State.

Staff size at the Detroit-based company was reported at 4,000 as of the end of last year. Plans were announced in February to recruit 1,400 new team members — including 800 full-time employees and 600 interns. Earlier this month, the company said it completed the 600 intern hirings.

The number of “team members” has since reached 5,500.

Now, Quicken said it plans to hire 200 people for an Internet web lending center in Scottsdale, Ariz.

The openings include jobs in mortgage banking, mortgage operations and underwriting.

Staffing already stands at 400 at the location, which “has continued to see unprecedented growth since opening” in 2007.

The center is one of five such operations located in Arizona, Michigan and Ohio.

Driving the staffing demand is elevated origination activity, according to Matt Stoffer, who is the leader at the location.

“The amount of calls we’ve received from clients looking to take advantage of record low mortgage rates and improve their financial situation has been incredible,” Stoffer said.

He noted loan volume at the web center has more than doubled this year compared to the same time in 2011.

Quicken, which says it is the largest online home lender in the country and fourth-largest retail originator, previously reported $10.9 billion in first-quarter volume.

Last year, first-quarter production was just $5.3 billion, while second-quarter business was a little more at $5.5 billion.

The Phoenix Business Journal reportedly selected the firm as the winner of its Best Places to Work in the Valley.

“Quicken Loans is looking for passionate people who fit well in a company culture that is anything but corporate,” Stoffer added in today’s announcement.

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