Rock Ventures Leadership
Vice Chairman and Chief Executive Officer, Rocket Companies, Rock Holdings & Quicken Loans
Jay Farner is Vice Chairman and Chief Executive Officer of Rocket Companies (NYSE: RKT), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto.
Jay also serves as the CEO of Quicken Loans/Rocket Mortgage. His leadership has played a pivotal role in establishing Rocket Mortgage as the nation’s largest mortgage lender – a designation it has maintained since the fourth quarter of 2017. Prior to his current role as CEO, Jay served as the company’s President and Chief Marketing Officer, leveraging the synergies between marketing, business development and mortgage origination operations. During this time, Quicken Loans launched Rocket Mortgage, the first fully online and on-demand mortgage experience.
He joined Rock Financial – the company that would ultimately become Rocket Mortgage – in 1996 and quickly became one of the company’s top mortgage professionals. In early 1997, Jay was named a Director of Mortgage Banking and played a significant role in training and development for Rock Financial. He was later promoted to Vice President of Web Mortgage Banking and helped establish Quicken Loans as one the largest lenders in the country.
Rocket Mortgage has been ranked “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States by J.D. Power for the past 11 years, from 2010 through 2020. the company has also ranked highest in the nation for client satisfaction among mortgage servicers by J.D. Power for seven consecutive years, from 2014 through 2020.
Under Jay’s leadership, Quicken Loans has maintained its rank in the top 30 companies on Fortune magazine’s annual “100 Best Companies to Work For” list – a position it has held for 17 consecutive years.
Along with his work for Rocket Companies, Jay serves as an executive board member for Community Solutions, StockX, Shinola, the Metropolitan Detroit YMCA and the Rocket Giving Fund.
Jay earned a bachelor’s degree in finance from Michigan State University and is a member of the 2011 Crain’s Detroit Business 40 under 40 class. He resides in the Detroit area with his wife, Wendi, and their three children.