60+ hours a week - Mortgage Banker Rocket Employee Review

1.0
Nov 26, 2011
Recommend
CEO approval
Business Outlook

Pros

The training is outstanding. They really do teach you valuable information about the mortgage industry, how to sell, test taking techniques, all the while being paid to take your licenses. That must cost the company a pretty penny. This is stuff you can use for the rest of your life and i still use today. Benefit package is good, but you don't have time to use them. Work culture is fun , if you're willing drink the Kool-Aid. It's also cool being around people your age and all having a common goal.

Cons

Once you "graduate" from their quicken university (which is basically like 2 months of school) things get pretty crazy. 60+ hours a week with a manager cracking the whip on being closing loans, phone calls are listen too, and a very high turnover. You're literally making 600 calls a day, everyday. It's a "churn and burn" scheme there and only 1/3rd of bankers make it after their first year. My advice to anyone is to use quicken for their licenses and go someplace else. There's a reason why no one over the age of 40 is working there. Just look around the place. All recent college grads who they know will work their asses off. They burn their employees out with the amount of pressure and hours that go into each loan. The 24,000 salary is laughable and the OT that's given to you is NOT time and a half. Don't get me wrong, you CAN make money here but you had better get used to not seeing your family, gf, or have any social life for a long long time.

Explore other reviews about Rocket

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits, cultural and pay.

Cons

Constantly changing, not necessarily a bad thing hut something to get used to.

3.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong technical stack and real ownership of enterprise reporting. Complex servicing and NPL data gives senior analysts room to build governance, dimensional models, and end-to-end pipelines with genuine business impact. Skilled peers and access to large regulated datasets (FNMA, FHLMC, HUD) that sharpen your craft.

Cons

Heavy reliance on undocumented legacy systems that fall on individual contributors to reverse engineer. Knowledge concentration creates single points of failure and inconsistent handoff when people leave. Org changes and shifting priorities can outpace documentation and process maturity.

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