Detroit Rocket Mortgage Extends Title Sponsorship Of Rocket Mortgage Classic Through 2027 | national news

DETROIT, September 27, 2021 / PRNewswire / – The PGA TOUR and Rocket Mortgage, the nation’s largest mortgage lender, today announced an extension of the title sponsorship of the Rocket Mortgage Classic until 2027. Detroit The PGA TOUR event will continue to benefit local residents through its commitment to bridging the digital divide in the community.

“From the very beginning, Dan Gilbert’s vision was to bring a world class golf event to Detroit, highlighting the city and raising funds for partners who are doing incredible work in our community. Since then, Rocket Mortgage, the tournament team and the PGA TOUR have all worked tirelessly to establish an event that will have a lasting impact on golf fans as well as neighborhoods across. Detroit,” noted Jay farner, CEO of Rocket Mortgage and Rocket Companies. “We have built tremendous momentum and won numerous awards for our PGA TOUR event. But, more importantly, we have been able to take some very important initiatives, like helping to bridge the digital divide in Detroit. We look forward to seeing the impacts of this extraordinary event for many years to come. “

The Rocket Mortgage Classic, who saw Cameron Davis winning their first PGA TOUR event in 2021, will continue to focus on their Changing Course initiative. This program aims to end the digital divide in Detroit making data-driven investments in the city and philanthropic partners that help provide residents with technology, internet access and digital literacy training. The goal is to ensure that residents have access to these tools within a 15-minute walk of their home.

Charitable funds raised at the Rocket Mortgage Classic 2020 totaled over $ 2.7 million, exceeding the $ 1.2 million which was lifted from the Rocket Mortgage Classic 2019. More than $ 3.5 million of these products were invested directly in Detroit and Southeast Michigan-based organizations. Funds are provided by the Rocket Giving Fund, the 501 (c) (3) host organization that manages the Rocket Mortgage Classic.

One of the main initiatives of the Rocket Giving Fund is EBB 313, which is operated by Connect 313 Fund. This program subsidizes the cost of the Internet and technological devices for eligible households in Detroit. EBB 313 is the first and only campaign in the country that has streamlined and systematized access to emergency broadband delivery from the federal government. This dramatically lowers the cost of digital access and opportunities, one of the biggest hurdles for those who currently don’t have the hardware to connect. Connect 313 Fund is a collaborative organization founded by the City of Detroit, the Rocket Mortgage Classic, Rocket Companies, Microsoft and United Way of Southeast Michigan.

“The Rocket Mortgage Classic is an unprecedented opportunity to recognize all the great work that is taking place in Detroit, one of America’s great sporting cities, and we are delighted to continue our partnership with Rocket Mortgage and the Rocket Mortgage Classic until 2027, ”said the PGA TOUR Commissioner Jay monahan. “With today’s extension, the Rocket Giving Fund will continue to provide significant technological benefits to citizens of Detroit through the Connect 313 Fund. We are proud that Rocket Mortgage Classic has been a leader from day one in ensuring, through its work with local businesses and community leaders, that the tournament represents the diversity of the community. community. “

The first Rocket Mortgage Classic in 2019 won the PGA TOUR Fair Way Award, recognizing it as the leader in diversity, equity and inclusion initiatives and setting the bar for all PGA TOUR events by hiring Michigan-based, Detroitminority-based and owned businesses. The goal of the Rocket Mortgage Classic is to reflect and benefit the businesses and entrepreneurs who are the backbone of the local community.

“The Rocket Mortgage Classic continues to improve year on year, and we expect this incredible momentum to continue as we build the preeminent PGA TOUR event,” said Jason langwell, general manager of the Rocket Mortgage Classic. “Our roster of the world’s best players continues to grow, the classic Detroit Golf Club layout becomes a player favorite and our tournament has become the summer’s go-to event.”

Rocket Mortgage has been a partner of the PGA TOUR since 2014. The Rocket Mortgage Classic debuted in Detroit in 2019, following the National Quicken Loans in the Washington DC metro area, where the company was the title sponsor from 2014 to 2018.

Rocket Mortgage will also continue its multi-faceted partnership with the PGA TOUR and the PGA TOUR Champions as an official mortgage sponsor. Rocket Mortgage is a leading advertiser on PGA TOUR television broadcasts and on the PGA TOUR social and digital channels. Additionally, Rocket Mortgage Golf Brand Ambassadors include Bryson De Chambeau, Rickie fowler and Lexi thompson.

About the Rocket Mortgage Classic

The Rocket Mortgage Classic made history in 2019 as the first PGA TOUR event ever held in the city of Detroit, and continued to have a positive and lasting impact on the city and its inhabitants through its multi-year Change Course campaign, launched in 2020 to end the digital divide in Detroit and ensure digital accessibility for all city residents. The Rocket Mortgage Classic was the most awarded event during the 2018-19 PGA TOUR season, being recognized for “Best Special Event” (then known as AREA 313) and “Best Selling Tournaments”. ”, As well as for the first“ Fair Way Award ”for its diversity and inclusion initiatives. More information is available on and on Facebook, Twitter and Instagram (@RocketClassic).

About Rocket Mortgage

Detroitbased at Rocket Mortgage, the nation’s largest mortgage lender and part of Rocket Companies (NYSE: RKT), enables the American dream of homeownership and financial freedom through its obsession with a digital customer experience of point. Rocket Mortgage closed 320 billion dollars of mortgage volume in all 50 states in 2020. At the end of 2015, it introduced the first fully digital, fully online mortgage experience. Currently, 99% of all home loans issued by the company use Rocket Mortgage technology.

Rocket Mortgage moved its headquarters to downtown Detroit in 2010. Today, Rocket Mortgage and Rocket Companies employ 24,000 full-time members nationwide. The company generates loan production from web centers located at Detroit, Cleveland and Phoenix and operates a centralized loan processing facility Detroit. Rocket Mortgage has been ranked # 1 in the country for customer satisfaction for primary mortgage origination by JD Power for the past 11 consecutive years, 2010 – 2020, and also # 1 in the country for satisfaction. of customers among all mortgage agents in the last eight consecutive years, 2014 – 2021.

Rocket Companies, the parent company of Rocket Mortgage, ranked # 5 on the Fortune list of the “100 Best Companies to Work For” in 2021 and has been in the top third of the list for 18 consecutive years.

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The PGA TOUR, headquartered at Ponte Vedra Beach, Florida, co-sanctions of tournaments on the PGA TOUR, PGA TOUR Champions, Korn Ferry Tour, PGA TOUR Latinoamérica, Mackenzie Tour-PGA TOUR Canada, Forme Tour and PGA TOUR Series-China. Members of the PGA TOUR represent the best players in the world, hailing from 29 countries and territories outside United States (96 international members). Worldwide, PGA TOUR tournaments are broadcast to 216 countries and territories in 28 languages. Virtually all tournaments are run as nonprofits to maximize charitable giving, and to date tournaments on all circuits have generated over $ 3.2 billion.

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SOURCE Rocket Mortgage

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