The Worst Company To Work For - Associate Banker Rocket Employee Review

1.0
Apr 14, 2012
Recommend
CEO approval
Business Outlook

Pros

Their benefit package is good. Nothing else.

Cons

Dan Gilbert and Bill Emerson should be ashamed of themselves. There is a cult-like following at Quicken Loans. As a mortgage banker you will more and likely need to use the benefit package if you last that long. MB's are expected to work at least 50 hours a week for an annual base salary of $25,000 plus commission. You are on a salaried pay structure and must work like a slave for that little salary and commission. If you leave to go home.after working nine hours daily, management will find a way to get rid of you. If you take a much needed break, management will look at you sideways. They sucker the naive employees into working until midnight and on weekends by buying pizza for them once in a while. Management does not consistently tell new employees, about the shuttles (only at the Chase location) to take you to the (unsecured) parking structures after working late. Working there is like being in prison and going home to sleep.(furlough) The training is not as good as you think, because the trainers do not have any patience and you are rushed. The managers and directors are incompetent when it comes to training you on their systems. You must learn on your own or have to ask a coworker who has worked through lunch or stayed late to learn. They hire mostly young people because they are easily brainwashed. This is an awful place to work.

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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