AND THEY'RE OFF! Rocket Mortgage Partners with Churchill Downs to Launch the 'Homestretch Sweepstakes' for The Kentucky Derby Offering One Lucky Winner $250,000

DETROIT, March 18, 2019 /PRNewswire/ -- Detroit-based Quicken Loans, the nation's largest mortgage lender, today announced a new partnership with Churchill Downs, the home of the Kentucky Derby, to launch the "Rocket Mortgage Homestretch Sweepstakes." The same company that brought America the "Quicken Loans Billion Dollar Bracket" is moving from the hardwood to the horse track and giving 20 entrants a chance to win a VIP trip to sit near the finish line of the 2019 Kentucky Derby presented by Woodford Reserve. One lucky fan will be walking away from the event with $250,000 to put toward paying off their mortgage or buying a new home.

"Much like Rocket Mortgage, the Kentucky Derby is symbolized by speed and power. That is why Rocket Mortgage by Quicken Loans is the perfect fit for the most exciting two minutes in sports," said Jay Farner, CEO of Quicken Loans. "We are a company that has made a name for itself by being bold, innovative and the first to do things – from the Quicken Loans Carrier Classic to the Billion Dollar Bracket – partnering with Churchill Downs and the Kentucky Derby is the next step."

Entering the Rocket Mortgage Homestretch Sweepstakes is fast, convenient and simple. The entry period will not be open for long, so individuals are encouraged to act quickly. To sign up, visit HomestretchSweepstakes.com.

Once entered, contestants will be placed into a random drawing where 20 finalists will be selected to experience a VIP trip for two to the Kentucky Derby, with all airfare and accommodations included. Upon arriving at the Kentucky Derby, each finalist will be randomly assigned a horse competing in the race. The finalist whose corresponding horse wins the Kentucky Derby will win $250,000 to put toward their mortgage.

To be eligible for the Rocket Mortgage Homestretch Sweepstakes, entrants must be at least 21 years of age and a U.S. citizen.  The entry period is Monday, March 18, 2019, through 11:59 PM ET on Sunday, April 7, 2019.

Official rules and details are available at HomestretchSweepstakes.com.

About Quicken Loans / Rocket Mortgage
Detroit-based Quicken Loans is the nation's largest home mortgage lender. The company closed nearly half a trillion dollars of mortgage volume across all 50 states from 2013 through 2018. In late 2015 Quicken Loans introduced Rocket Mortgage, the first fully digital mortgage experience.  Today, 98% of all home loans originated by Quicken Loans utilize Rocket Mortgage Technology.

Quicken Loans moved its headquarters to downtown Detroit in 2010. Today, Quicken Loans and its Family of Companies employ more than 17,000 full-time team members in Detroit's urban core. The company generates loan production from web centers located in Detroit, Cleveland and Phoenix. Quicken Loans also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked highest in the country for customer satisfaction for primary mortgage origination by J.D. Power for the past nine consecutive years, 2010 – 2018, and also ranked highest in the country for customer satisfaction among all mortgage servicers the past five consecutive years, 2014 – 2018.

Quicken Loans was once again named to FORTUNE magazine's "100 Best Companies to Work For" list in 2019 and has been included in the magazine's top 1/3rd of companies named to the list for the past 16 consecutive years. In addition, Essence Magazine named Quicken Loans "#1 Place to Work in the Country for African Americans."

For more information and company news visit QuickenLoans.com/press-room.

About Churchill Downs Racetrack
Churchill Downs, the world's most legendary racetrack, has conducted Thoroughbred racing and presented the Kentucky Derby since 1875. Located in Louisville, the flagship racetrack of Churchill Downs Incorporated (NASDAQ: CHDN) offers year-round simulcast wagering at the historic track. Churchill Downs will conduct the 145^th running of the Kentucky Derby Presented by Woodford Reserve on May 4, 2019. The track's 2019 Spring Meet is scheduled for April 27-June 29. Churchill Downs has hosted the Breeders' Cup World Championships nine times. www.ChurchillDowns.com.

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SOURCE Quicken Loans