Detroit’s Rocket Mortgage extends title sponsorship of the Rocket Mortgage Classic through 2027 | National news
DETROIT, September 27, 2021 / PRNewswire / – The PGA TOUR and Rocket Mortgage, the country’s largest mortgage lender, today announced an extension of the title sponsorship for Rocket Mortgage Classic through 2027. Detroit The PGA TOUR event will continue to benefit local residents through their commitment to bridging the digital divide in the community.
“From the beginning, Dan Gilberts The vision was to be a world class golf event too Detroit, shed a light on the city and raise funds for partners who are doing great work in our community. Since then, Rocket Mortgage, the tournament team and the PGA TOUR have worked tirelessly to create an event that will have a lasting impact on golf fans and the whole neighborhood Detroit,” called Jay Farner, CEO of Rocket Mortgage and Rocket Companies. “We have built up enormous momentum and won several awards for our event from the PGA TOUR. But more importantly, we have been able to take very important initiatives, such as helping to bridge the digital divide in Detroit. We look forward to seeing the effects of this great event for many more years to come. “
The Rocket Mortgage Classic that saw Cameron Davis will win its first PGA TOUR event in 2021, will continue to focus on its Changing the Course initiative. This program aims to bridge the digital divide in Detroit through data-driven investments in the city and philanthropic partners who help deliver technology, internet access and digital skills training for residents. The aim is to ensure that residents have access to these tools within 15 minutes’ walk of their home.
The 2020 Rocket Mortgage Classic 2020 charity income runs to over $ 2.7 million, exceeds that $ 1.2 million that was collected from the Rocket Mortgage Classic 2019. More than $ 3.5 million these proceeds were directly in Detroit and Southeast Michigan-based organizations. Funds will be paid out by the Rocket Giving Fund, the 501 (c) (3) hosting organization that manages the Rocket Mortgage Classic.
One of the main initiatives of the Rocket Giving Fund is EBB 313, which is operated by the Connect 313 Fund. This program subsidizes the cost of internet and technical equipment for eligible households in Detroit. EBB 313 is the first and only campaign in the country that has streamlined and systematized access to the federal government’s emergency broadband service. This greatly reduces the cost of digital access and opportunities, one of the main barriers for those who do not currently have the materials required to connect. Connect 313 Fund is a collaborative organization supported by the City of Detroit, the Rocket Mortgage Classic, Rocket Companies, Microsoft and the United Way of Southeast Michigan.
“The Rocket Mortgage Classic is an unprecedented opportunity to highlight all of the great work that is being done in Detroit, one of the greatest sports cities in America, and we are excited to continue our partnership with Rocket Mortgage and Rocket Mortgage Classic through 2027, “said PGA TOUR Commissioner Jay Monahan. “Thanks to today’s extension, the Rocket Giving Fund will be available to the citizens of Detroit through Connect 313 Fund. We are proud that Rocket Mortgage Classic has led the way from day one in working with local businesses and community leaders to ensure that the tournament represents the diversity of the community. “
The first Rocket Mortgage Classic in Won in 2019 the PGA TOUR Fair Way Award, which recognizes them as leaders in diversity, equity and inclusion initiatives and sets the bar for all PGA TOUR events by setting the bar Michigan-based, Detroit-based and minority-run companies. The goal of Rocket Mortgage Classic is to reflect and benefit from the corporations and entrepreneurs who serve as the backbone of the local community.
“The Rocket Mortgage Classic is getting better every year and we expect this incredible momentum to continue as we build the stellar PGA TOUR event,” said Jason Langwell, Executive Director of the Rocket Mortgage Classic. “Our list of the world’s best players continues to grow, the classic Detroit Golf Club layout is becoming a player favorite, and our tournament has become a must-see for the summer.”
Rocket Mortgage has been a partner of the PGA TOUR since 2014. The Rocket Mortgage Classic debuted in Detroit in 2019, after Quicken Loans National in Metro Washington DC, where the company was title sponsor from 2014-18.
Rocket Mortgage will also continue its eclectic partnership with the PGA TOUR and PGA TOUR Champions as the Official Mortgage Sponsor. Rocket Mortgage is a prominent advertiser on PGA TOUR television shows and on the PGA TOUR social and digital channels. In addition, Rocket Mortgage brand ambassadors include golf Bryson DeChambeau, Rickie Fowler and Lexi Thompson.
About the Rocket Mortgage Classic
The Rocket Mortgage Classic made history as the first PGA TOUR event in town in 2019 Detroit, and has addressed the digital divide in Detroit and ensure digital accessibility for all city dwellers. The Rocket Mortgage Classic was the most award-winning event during the 2018-19 PGA TOUR season and was awarded for “Best Special Event” (then known as AREA 313 Celebrity Challenge) and “Best Tournament Sales” as well as the first “Fair Way.” Award “for its diversity and inclusion initiatives. For more information, visit RocketMortgageClassic.com and on Facebook, Twitter and Instagram (@RocketClassic).
About Rocket Mortgage
Detroit-based Rocket Mortgage, the nation’s largest mortgage lender and part of Rocket Companies (NYSE: RKT), enables the American dream of home ownership and financial freedom through its obsession with an industry-leading, digitally-powered customer experience. Rocket mortgage closed $ 320 billion of mortgage volume in all 50 states in 2020. In late 2015, the company launched the first fully digital, fully online mortgage experience. Currently, 99% of all home loans made by the company use Rocket Mortgage technology.
Rocket Mortgage moved its headquarters to the city center Detroit in 2010. Today Rocket Mortgage and Rocket Companies employ 24,000 full-time team members nationwide. The company generates loan productions from web centers in Detroit, Cleveland and Phoenix and operates a central loan processing facility in Detroit. Rocket Mortgage ranked highest in the country for customer satisfaction with JD Power primary mortgage lending for the last 11 consecutive years, 2010-2020, and the highest rank in the country for primary mortgage lending for the last eight consecutive years, 2014 Customer satisfaction among all mortgage service providers – 2021.
Rocket Companies, the parent company of Rocket Mortgage, ranked 5th in 2021.
For more information and company news, visit pressroom.rocketmortgage.com.
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SOURCE Rocket Mortgage