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| HomeWarehouse.com Announces Exclusive Agreement With Quicken Loans |
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| Home Improvement e-Tailer Is Exclusive Commerce Partner For Quicken Loans' Home Buying Center |
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San Mateo, Calif. -
January
19,
2000 -
HomeWarehouse.com, a leading Internet destination for home improvement products, information and ideas, today announced an exclusive partnership with Intuit's (NASDAQ: INTU) Quicken Loans (www.quickenloans.com), a leading online home mortgage origination site. Under this agreement, HomeWarehouse.com is the exclusive commerce provider for home improvement products at QuickenLoans.com.
In addition to its home and neighborhood services, home buying tips, calculators, and loan services, Quicken Loans now offers HomeWarehouse.com's products and services to new homeowners and homebuyers. Directly from the Quicken Loans Home Buying Center, users will now be able to easily access HomeWarehouse.com for all of their home improvement buying needs, including purchasing products such as smoke detectors, paint, lawn mowers, and electrical supplies. It is estimated that $17.5 billion will be spent by new homeowners on home improvement activities in 2000.
Additionally, Quicken Loans becomes a prominent link in HomeWarehouse.com's Loan Center. Visitors to HomeWarehouse.com can quickly go to Quicken Loans where they can compare a variety of loan options, get pre-approved, and fill out a loan application directly online. Quicken Loans users work directly with a team of mortgage specialists (via email, fax, and telephone) during every step of the process, giving them greater confidence as they make a critical financial decision, while also reducing the time, cost and complexity of the mortgage process.
"HomeWarehouse.com is continually working to enforce its position as the leading provider of home-improvement products," said Richard Shane, Founder and President of HomeWarehouse.com. "Our newest partnership with Quicken Loans provides their users with top quality home improvement products and services from the leader in its field."
"We are dedicated to providing our customers with a world-class home financing experience," said Daniel Gilbert, CEO of Quicken Loans. "By linking directly to HomeWarehouse.com and its tens of thousands of products, visitors to the Quicken Loans Home Buying Center now have a valuable resource for quality home improvement information and products."
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About HomeWarehouse.com
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San Mateo, Calif.-based HomeWarehouse.com is the premier home-improvement partner on the Internet for Do-It-Yourselfers of all levels. The site features a superior selection of products, plus services and features that help customers during every step of the home-improvement experience, from project planning through completion. HomeWarehouse.com is backed by premier venture capitalists Accel Partners and Sequoia Capital. For more information visit our site at (www.homewarehouse.com).
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About Quicken Loans
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Quicken Loans (previously known as Rock Financial Corporation, owner and operator of RockLoans.com), a leading provider of direct-to-consumer home loans on the Internet, offers mortgages in all 50 states and the District of Columbia. The company provides a wide variety of home financing options including conventional, sub-prime, home equity, government, and jumbo loans and originated nearly $3.5 billion in mortgage loans over the past 12 months.
Quicken Loans combines cutting-edge technology and high touch personal service to give consumers a convenient one-stop home and mortgage shopping experience on the Internet. More than 400 experienced loan professionals located in the Quicken Loans' state-of-the-art Web/Call Center work directly with consumers throughout the entire process, while the Web site educates and empowers consumers through timely interactive tools and information related to the home financing process. Intuit Inc. acquired Rock Financial (and RockLoans.com) in December 1999.
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About Intuit
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Intuit Inc. (NASDAQ: INTU) is the leader in e-finance, including financial software and Web-based services. Intuit develops and markets Quicken®, the leading personal finance software; TurboTax®, the best-selling tax preparation software; and QuickBooks®, the most popular small business accounting software.<
Intuit's Quicken.com ® Web site (www.quicken.com) is a leading financial Web site, offering a comprehensive set of financial news, information and tools, including insurance, mortgage, investment and tax preparation services. Intuit's products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.
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Intuit, the Intuit logo, Quicken, QuickBooks, QuickBooks Pro, TurboTax, ProSeries, Pocket Quicken and InsureMarket, among others, are registered trademarks and/or registered service marks of Intuit Inc. or one of its subsidiaries. Quicken.com, QuickenStore, QuickenMortgage, Quicken Loans and WebTurboTax, among others, are trademarks and/or service marks of Intuit Inc. or one of its subsidiaries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
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